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KALE

Active
Rue Jules des Essarts 2 ·6200 Châtelet, Belgium
KBO/BCE: BE 1000.499.570
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Age2 yrs
Staff (FTE)29.3
Real estate1 parcel · 549 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of KALE is 1.7% (moderate). The 2024 annual accounts show equity of €53k and a net result of €4k. Its solvency ranks better than 24% of 873 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 873 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 15 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 10-10-2025 71 d late 2025-00544429
31-12-2023 31-07-2024 31-10-2024 92 d late 2024-00527632

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.7% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€4k
Working capital€722k+829.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 10-10-2025 with the NBB · fiscal year 2024 · volledig
€-150k€-100k€-50k€0€50k€100kOperating result 2023: €-95k€-95kNet result 2023: €-101k€-101kOperating result 2024: €95k€95kNet result 2024: €4k€4k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 1.1% 17.2%
better than 24% of 873 sector peers
Net result €4k €14k
better than 41% of 874 sector peers
Equity €53k €99k
better than 40% of 875 sector peers
Gross operating margin €1.65M €213k
better than 95% of 801 sector peers
Staff costs €1.28M €221k
higher than 88% of 721 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€312k
- 23-24
Net profit
€4k
- 23-24
Cash flow
€222k
- 23-24
Total assets
€4.75M
+125.8% 23-24
Equity
€53k
+9.2% 23-24
Working capital
€722k
+829.3% 23-24
Employees (FTE)
29
+22.1% 23-24
Staff costs
€1.28M
+317.4% 23-24
Income taxes
€293
+406.6% 23-24
Debt
€4.70M
+128.6% 23-24
Debt ≤ 1y
€1.39M
-20.7% 23-24
Debt > 1y
€3.15M
- 23-24
Current ratio
1.52
+45.4% 23-24
Quick ratio
1.14
+40.7% 23-24
Solvency
1.1%
-51.7% 23-24
Debt / equity
88.39
+109.4% 23-24
ROE
8.4%
- 23-24
ROA
0.1%
- 23-24
Interest coverage
2.94
- 23-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue-
EBITDA€312k
Net profit€4k
Cash flow€222k
Staff costs€1.28M
Income taxes€293
Dividends-
Total assets€4.75M
Equity€53k
Debt€4.70M
of which ≤ 1y€1.39M
of which > 1y€3.15M
Working capital€722k
Employees (FTE)29.3
Ratios (computed)
2024
Current ratio1.52
Quick ratio1.14
Working capital ratio15.2%
Solvency1.1%
Debt / equity88.39
Long-term debt ratio59.19
Interest coverage2.94
Gross margin-
Net margin-
ROA0.1%
ROE8.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€4.75M
Fixed assets 21/28€2.60M
Formation expenses 20€40k
Intangible fixed assets 21€206k
Tangible fixed assets 22/27€2.39M
Financial fixed assets 28€9k
Current assets 29/58€2.11M
Stocks & contracts in progress 3€523k
Amounts receivable within one year 40/41€920k
Cash & bank 54/58€618k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.75M
Equity 10/15€53k
Contributions / capital 10/11€150k
Accumulated profits (losses) 14€-97k
Amounts payable 17/49€4.70M
Amounts payable after one year 17€3.15M
Amounts payable within one year 42/48€1.39M
Trade debts payable within one year 44€1.02M
Income statement
Gross operating margin 9900€1.65M
Operating result 9901€95k
Financial income 75€16k
Financial charges 65€106k
Result before taxes 9903€5k
Income taxes 67/77€293
Net result for the period 9904€4k
Result to be appropriated 9905€4k
You are seeing the latest fiscal year only. 1 prior year (figures + ratios) is in a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
69 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Jules des Essarts 26200 Châtelet

Establishment units

1 location
Intermarché Châtelineau
Rue Jules des Essarts 2, 6200 ChâteletDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
since 20232.350.076.111
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area549 m²
Buildings1
Building footprint73 m²
Volume (LiDAR)313 m³
Tallest building6.7 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52013A0441/00F000indicative Wallonia 549 m² 1 · 73 m² 6.7 m · 1 fl.
Methodology
via registered seat: 1
0 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health69Profitability42Solvency23Growth78Stability82
59 / 100

Mixed profile: strong on stability, weaker on solvency.

All 5 axes are computed from data Checked has read.

Health 69
Profitability 42
Solvency 23
Growth 78
Stability 82

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 1,663 of the 10,422 companies in this sector. 1,373 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114
Primary activity highlighted.
Names & trade names
Legal nameFR KALE
Registered office
Rue Jules des Essarts 2
6200 Châtelet, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.