KASTAR & Co
ActiveSummary
The computed 12-month bankruptcy probability of KASTAR & Co is 8.1% (elevated). The 2025 annual accounts show negative equity (€-86k) and a net result of €21k. Equity is shrinking by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 13305 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+60
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
8.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.24 in 2024; short-term debt: 213.6% and cash: 31% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-124.5%
Return on assets
29.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 13305 sector peers (2025).
NBB · sector comparisonPosition among 13305 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
25 d late
2023
68 d late
2022
91 d late
2020
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-86k▲ 18.8%
2024 · €-106k
2020: €26k
2022: €-75k
2023: €-102k
2024: €-106k
2020 → 2025
Total assets
€69k▼ 7.7%
2024 · €75k
2020: €127k
2022: €131k
2023: €101k
2024: €75k
2020 → 2025
Net result
€21k
2024 · €-4k
2020: €-25k
2022: €-31k
2023: €-27k
2024: €-4k
2020 → 2025
Working capital
€-107k▲ 4.0%
2024 · €-111k
2020: €-20k
2022: €-111k
2023: €-129k
2024: €-111k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€26k-€-75k€-102k▼ 36.3%€-106k▼ 4.4%€-86k▲ 18.8%
Operating result€-23k-€-26k▼ 12.7%€-19k▲ 26.2%€-258▲ 98.7%€27k
Net result€-25k-€-31k▼ 24.4%€-27k▲ 11.2%€-4k▲ 83.5%€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27k after a loss of €258 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69k
Fixed assets
€28k ▼ 30.0%
Current assets
€41k ▲ 18.2%
Key figures and ratios
EBITDA
€39k▲
2024 · €29k
Cash flow
€33k▲
2024 · €25k
Solvency
-124.5%▲
2024 · -141.5%
Current ratio
0.28▲
2024 · 0.24
Quick ratio
0.21▲
2024 · 0.18
Debt to equity
-1.80▼
2024 · -1.71
ROA
29.9%▲
2024 · -6.0%
Interest coverage
8.78▲
2024 · 3.41
Debt
€156k▼
2024 · €181k
Debt ≤ 1 year
€148k▲
2024 · €146k
Debt > 1 year
€8k▼
2024 · €35k
Income taxes
€3k
Staff costs
€175k▲
2024 · €131k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€75k€69k▼
Fixed assets21/28€40k€28k▼
Tangible fixed assets22/27€33k€21k▼
Land and buildings22€14k€12k▼
Plant, machinery and equipment23€16k€9k▼
Furniture and vehicles24€3k€458▼
Financial fixed assets28€7k€7k=
Current assets29/58€35k€41k▲
Stocks and contracts in progress3€8k€9k▲
Stocks30/36€8k€9k▲
Amounts receivable within one year40/41€10k€10k▲
Other amounts receivable41€10k€10k▲
Cash at bank and in hand54/58€17k€22k▲
Equity and liabilities
Total equity and liabilities10/49€75k€69k▼
Equity10/15€-106k€-86k▲
Contributions10/11€51k€51k=
Profit (loss) carried forward14€-157k€-137k▲
Amounts payable17/49€181k€156k▼
Amounts payable after more than one year17€35k€8k▼
Financial debts170/4€35k€8k▼
Amounts payable within one year42/48€146k€148k▲
Current portion of amounts payable after more than one year42€3k€14k▲
Trade debts44€22k€18k▼
Suppliers440/4€22k€18k▼
Taxes, remuneration and social security45€26k€21k▼
Taxes450/3€12k€10k▼
Remuneration and social security454/9€14k€11k▼
Other amounts payable47/48€95k€95k=
Income statement
Code20242025
Remuneration, social security and pensions62€131k€175k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€12k▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€162k€217k▲
Operating profit (loss)9901€-258€27k▲
Financial income75/76B€4k€1k▼
Recurring financial income75€4k€1k▼
Financial charges65/66B€9k€4k▼
Recurring financial charges65€9k€4k▼
Profit (loss) for the period before taxes9903€-4k€23k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-4k€21k▲
Profit (loss) for the period to be appropriated9905€-4k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-157k€-137k▲
Profit (loss) brought forward from the previous period14P€-153k€-158k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €21k
Net result €21k after 4 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2020
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.
Lensstraat 21050 ElseneGround area
89 m²
Building footprint
90 m²
Volume, LiDAR
1,241 m³
Parcel 21444B0199/00P030, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KASTAR & Co
since 20202.300.384.989
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0199/00P030 | Brussels | 89 m² | 1 · 90 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.300.384.989
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,064 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.