KEBAB POWER
ActiveThe computed 12-month bankruptcy probability of KEBAB POWER is 8.0% (elevated). The 2024 annual accounts show negative equity (€-5k) and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 18940 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency18▼-59
Growth52▼-26
Track record92
Bankruptcy probability, 12 months
8.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 1.72 in 2023; short-term debt: 107.5% and cash: 90.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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 · 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 2024Solvency, return and age of the figures
Solvency
-7.5%
Return on assets
-18.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
413 d late
2022
779 d late
2021
190 d late
2020
31 d late
2019
138 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€-5k
2023 · €7k
2018: €-8k
2019: €-10k
2020: €-13k
2021: €-6k
2022: €-2k
2023: €7k
2018 → 2024
Total assets
€67k▲ 366%
2023 · €14k
2018: €9k
2019: €23k
2020: €26k
2021: €12k
2022: €15k
2023: €14k
2018 → 2024
Net result
€-12k
2023 · €10k
2018: €9k
2019: €-1k
2020: €-3k
2021: €7k
2022: €4k
2023: €10k
2018 → 2024
Working capital
€-11k
2023 · €5k
2018: €-5k
2019: €-575
2020: €-16k
2021: €-8k
2022: €-3k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-13k-€-6k▲ 52.2%€-2k▲ 63.9%€7k€-5k
Operating result€-3k-€7k€5k▼ 30.1%€10k▲ 92.0%€-11k
Net result€-3k-€7k€4k▼ 41.6%€10k▲ 145%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €10k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67k
Fixed assets
€6k▲ 153%
Current assets
€60k▲ 410%
Key figures and ratios
EBITDA
€-11k
Cash flow
€-12k
Solvency
-7.5%▼
2023 · 52.0%
Current ratio
0.84▼
2023 · 1.72
Quick ratio
0.84▼
2023 · 1.14
Debt / equity
-14.42▼
2023 · 0.92
ROA
-18.6%▼
2023 · 67.5%
Interest coverage
-138.35
Debt
€71k▲
2023 · €7k
Debt ≤ 1 year
€71k▲
2023 · €7k
Debt > 1 year
€1=
2023 · €1
Income taxes
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€14k€67k▲
Fixed assets21/28€2k€6k▲
Tangible fixed assets22/27-€4k
Plant, machinery and equipment23-€4k
Financial fixed assets28€2k€2k=
Current assets29/58€12k€60k▲
Stocks and contracts in progress3€4k€0▼
Stocks30/36€4k€0▼
Amounts receivable within one year40/41-€70
Other amounts receivable41-€70
Cash at bank and in hand54/58€5k€60k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€14k€67k▲
Equity10/15€7k€-5k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€1k€-11k▼
Amounts payable17/49€7k€71k▲
Amounts payable after more than one year17€1€1=
Financial debts170/4€1€1=
Amounts payable within one year42/48€7k€71k▲
Trade debts44€957€64k▲
Suppliers440/4€957€64k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€420
Other operating charges640/8-€5k
Gross operating margin9900€10k€-5k▼
Operating profit (loss)9901€10k€-11k▼
Financial charges65/66B-€78
Recurring financial charges65-€78
Profit (loss) for the period before taxes9903€10k€-11k▼
Income taxes67/77-€1k
Profit (loss) for the period9904€10k€-12k▼
Profit (loss) for the period to be appropriated9905€10k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-11k▼
Profit (loss) brought forward from the previous period14P€-8k€1k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-11
KBO administration
Address struck
Varkensmarkt 2 1785 Die Sitzadresse Varkensmarkt 2 1785
Merchtem · event 15-09-2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 413 days late
17-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 779 days late
2024
31-12
Financial
Weakest financial yearnet €-12k ▼228%
Net result drops to €-12k, the lowest in the series.
2023
31-12
Financial
Highest result since 2018net €10k ▲145%
Operating result €10k, net result €10k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.72
Current ratio from 0.79 to 1.72; short-term debt falls from €16k to €7k.
06-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 190 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 138 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Merchtem · 1 establishment unit since 2014
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.
Varkensmarkt 21785 MerchtemGround area
396 m²
Building footprint
123 m²
Volume, LiDAR
1,019 m³
Parcel 23602H0139/00P000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Varkensmarkt 2, 1785 Merchtem
since 20142.225.908.587
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23602H0139/00P000 | Flanders | 396 m² | 1 · 123 m² | 11.4 m · 3 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 siteMerchtem2.225.908.587
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Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 6,191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-12-2013
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.