K.S.A. Food
The computed 12-month bankruptcy probability of K.S.A. Food is 4.0% (elevated). The 2024 annual accounts show equity of €5k and a net result of €10k. Equity is growing by ~66.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 18936 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €5k |
| Net result | €10k |
| Better than sector | 30% |
| Active | 6 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 4.7% | 29.0% | |
| Net result | €10k | €5k | |
| Equity | €5k | €27k | |
| Gross operating margin | €34k | €60k | |
| Staff costs | €20k | €55k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | full schema | full schema |
| Revenue | - | - | €134k | - | - |
| EBITDA | €12k | €9k | €4k | €1k | €-30k |
| Net profit | €10k | €5k | €7k | €6k | €-23k |
| Cash flow | €12k | €8k | €9k | €7k | €-22k |
| Staff costs | €20k | €18k | €22k | €17k | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €108k | €25k | €20k | €8k | €5k |
| Equity | €5k | €-4k | €-10k | €-16k | €-23k |
| Debt | €103k | €30k | €29k | €25k | €28k |
| of which ≤ 1y | €103k | €30k | €29k | €24k | €28k |
| of which > 1y | - | - | - | - | - |
| Working capital | €289 | €-9k | €-17k | €-17k | €-24k |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 1.00 | 0.69 | 0.41 | 0.29 | 0.14 |
| Quick ratio | 0.98 | 0.48 | 0.21 | 0.26 | 0.11 |
| Working capital ratio | 0.3% | -35.9% | -88.0% | -214.4% | -444.5% |
| Solvency | 4.7% | -17.5% | -50.3% | -204.2% | -419.6% |
| Debt / equity | 20.41 | -6.72 | -2.99 | -1.49 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 121.20 | 9.73 | 16.85 | 2.77 | - |
| Gross margin | - | - | 20.4% | - | - |
| Net margin | - | - | 5.0% | - | - |
| ROA | 8.8% | 21.0% | 34.1% | 75.8% | -419.6% |
| ROE | 188.1% | -120.4% | -67.8% | -37.1% | 100.0% |
| EBITDA margin | - | - | 3.3% | - | - |
| Days sales outstanding | - | - | 2d | - | - |
| Days payable outstanding | - | - | 60d | - | - |
| Inventory turnover | - | - | 17.45 | - | - |
| Days inventory (DSI) | - | - | 21d | - | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €108k | €25k | €20k | €8k | €5k |
| Fixed assets | 21/28 | €5k | €5k | €7k | €1k | €2k |
| Tangible fixed assets | 22/27 | €5k | €5k | €7k | €1k | €2k |
| Current assets | 29/58 | €103k | €21k | €12k | €7k | €4k |
| Stocks & contracts in progress | 3 | €2k | €7k | €6k | €784 | €784 |
| Amounts receivable within one year | 40/41 | €86k | €10k | €595 | €863 | €2k |
| Cash & bank | 54/58 | €16k | €4k | €5k | €5k | €714 |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €108k | €25k | €20k | €8k | €5k |
| Equity | 10/15 | €5k | €-4k | €-10k | €-16k | €-23k |
| Accumulated profits (losses) | 14 | €5k | €-4k | €-10k | €-16k | €-23k |
| Amounts payable | 17/49 | €103k | €30k | €29k | €25k | €28k |
| Amounts payable within one year | 42/48 | €103k | €30k | €29k | €24k | €28k |
| Trade debts payable within one year | 44 | €95k | €25k | €17k | €17k | €27k |
| Income statement | ||||||
| Turnover | 70 | - | - | €134k | - | - |
| Gross operating margin | 9900 | €34k | €30k | €27k | €19k | €-25k |
| Operating result | 9901 | €10k | €6k | €2k | €484 | €-31k |
| Financial income | 75 | - | - | €5k | €6k | - |
| Financial charges | 65 | €97 | €918 | €263 | €372 | €25 |
| Result before taxes | 9903 | €10k | €5k | €7k | €6k | €-23k |
| Net result for the period | 9904 | €10k | €5k | €7k | €6k | €-23k |
| Result to be appropriated | 9905 | €10k | €5k | €7k | €6k | €-23k |
-
Current01-10-2021 → present
Former directors (2)
-
Former22-02-2024 → 21-01-2025
2 events
- 21-01-2025 Resigned· Director
- 22-02-2024 Appointed· Director
-
Former26-09-2023 → 22-02-2024
2 events
- 22-02-2024 Resigned· Director
- 26-09-2023 Appointed· Director
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 04-12-2019 |
| Status | Active |
| Postal code | 1700 |
Show 2 more network connections
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0382/00V000 | Brussels | 1.9 ha | - | - |
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 m · 3 fl. |
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-02-2025 SRAJ ASSEM resigns as director
- SRAJ ASSEM, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SRAJ ASSEM",
"address": null,
"birth_date": null
},
"effective_date": "2025-01-21",
"evidence_quote": "Er wordt beslist om het ontslag te aanvaarden op 21 januari 2025 van het bestuurder de Heer SRAJ ASSEM."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. FOOD",
"legal_form": "BV"
}
}07-03-2024 1 director appointed, 1 resigning
- SRAJ Assem, Bestuurder
- SARRAJ Alaa, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SARRAJ Alaa",
"address": null,
"birth_date": null
},
"effective_date": "2024-02-22",
"evidence_quote": "De vergadering aanvaardt het ontslag van De Heer SARRAJ Alaa als bestuurder en de benoeming van De Heer SRAJ Assem en dit vandaag aanvaardt."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SRAJ Assem",
"address": null,
"birth_date": null
},
"effective_date": "2024-02-22",
"evidence_quote": "De vergadering aanvaardt het ontslag van De Heer SARRAJ Alaa als bestuurder en de benoeming van De Heer SRAJ Assem en dit vandaag aanvaardt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. FOOD",
"legal_form": "BV"
}
}19-02-2024 SARRAJ Alaa appointed as director
- SARRAJ Alaa, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SARRAJ Alaa",
"address": null,
"birth_date": null
},
"effective_date": "2023-09-26",
"evidence_quote": "De vergadering aanvaardt de benoeming van De Heer SARRAJ Alaa als bestuurder en vanaf 26 september 2023 en dit aanvaardt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. FOOD",
"legal_form": "BV"
}
}15-09-2023 Registered office moved from Dilbeek to Zaventem
- Neerhofstraat 64, 1700 Dilbeek → Imperiastraat 8, 1930 Zaventem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Zaventem",
"region": null,
"street": "Imperiastraat",
"country": "BE",
"postcode": "1930",
"box_number": null,
"street_number": "8"
},
"old_address": {
"city": "Dilbeek",
"region": null,
"street": "Neerhofstraat",
"country": "BE",
"postcode": "1700",
"box_number": "b202",
"street_number": "64"
},
"effective_date": "2023-09-06",
"evidence_quote": "DERDE RESOLUTIE: Wijziging van matschappelijke zetel van Imperiastraat, 8 te 1930 Zaventem en dit vanaf heden"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. FOOD",
"legal_form": "BV"
}
}13-07-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2023-06-19",
"evidence_quote": "De Heer SARRAJ Alaa wonende te 1080 Schaerbeek, Heyvaertstraat 138 verkoopt al van zijn sociale aandelen aan De Heer SARRAJ Aiman wonende te 1020 Laeken, Fransmanstraat 38 en dit vanaf vandaag aanvaardt.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. FOOD",
"legal_form": "BV"
}
}20-10-2022 Registered office moved from Dilbeek to Leuven
- Neerhofstraat 64, 1700 Dilbeek → Vaartstraat 35, 3000 Leuven
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Leuven",
"region": "Vlaams Gewest",
"street": "Vaartstraat",
"country": "BE",
"postcode": "3000",
"box_number": "103",
"street_number": "35"
},
"old_address": {
"city": "Dilbeek",
"region": "Vlaams Gewest",
"street": "Neerhofstraat",
"country": "BE",
"postcode": "1700",
"box_number": "202",
"street_number": "64"
},
"effective_date": "2022-06-01",
"evidence_quote": "Wijziging van matschappelijke zetel van 1700 Dilbeek, Neerhofstraat 64/202 en dit vanaf heden"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. FOOD",
"legal_form": "BV"
}
}17-02-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2021-10-01",
"evidence_quote": "De heer SARRAJ Alaa ... overdracht en verkoopt 50 sociale aandelen aan De Heer AARAJ Mohamad",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. FOOD",
"legal_form": "BV"
}
}17-09-2020 Registered office moved from Leuven to Dilbeek
- Vaartstraat 35, 3000 Leuven → Ninoofsesteenweg 64, 1700 Dilbeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Dilbeek",
"region": null,
"street": "Ninoofsesteenweg",
"country": "BE",
"postcode": "1700",
"box_number": null,
"street_number": "64"
},
"old_address": {
"city": "Leuven",
"region": null,
"street": "Vaartstraat",
"country": "BE",
"postcode": "3000",
"box_number": "103",
"street_number": "35"
},
"effective_date": "2020-07-16",
"evidence_quote": "Wijziging van matschappelijke zetel van 3000 Leuven, Vaartstraat 35/bus 103 en dit vanaf heden"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. FOOD",
"legal_form": "BV"
}
}06-12-2019 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Ninoofsesteenweg 64, 1700 Dilbeek",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1992-07-15",
"name": "SARRAJ Alaa",
"niss": null,
"address": "1080 Sint-Jans-Molenbeek, Heyvaertstraat, 138"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "SARRAJ Alaa",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 0,
"subject_company": {
"kbo": "0738.730.521",
"name_full": "K.S.A. Food",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2019-12-03",
"post_incorporation_mandates": []
}| Legal nameNL | K.S.A. Food |