KITCHI
ActiveKITCHI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €-3k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 404 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-65
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.73 against 20.53 in 2024; short-term debt: 20.6% and cash: 85.9% of total assets), and 20.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
29 d late
2023
63 d early
2022
122 d early
2021
45 d early
2020
20 d late
2019
10 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▼ 22.0%
2024 · €116k
2018: €68k
2019: €80k
2020: €83k
2021: €95k
2022: €92k
2023: €104k
2024: €116k
2018 → 2025
Total assets
€114k▼ 6.3%
2024 · €122k
2018: €92k
2019: €103k
2020: €97k
2021: €108k
2022: €102k
2023: €125k
2024: €122k
2018 → 2025
Net result
€-3k
2024 · €12k
2018: €10k
2019: €12k
2020: €2k
2021: €13k
2022: €6k
2023: €12k
2024: €12k
2018 → 2025
Working capital
€88k▼ 22.0%
2024 · €113k
2018: €56k
2019: €52k
2020: €58k
2021: €77k
2022: €79k
2023: €99k
2024: €113k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€95k-€92k▼ 3.8%€104k▲ 13.3%€116k▲ 12.0%€91k▼ 22.0%
Operating result€20k-€11k▼ 43.5%€20k▲ 75.1%€15k▼ 22.8%€-3k
Net result€13k-€6k▼ 49.7%€12k▲ 91.1%€12k▲ 1.7%€-3k
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 2025: a loss of €3k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€3k▼ 20.9%
Current assets
€112k▼ 5.9%
Equity and liabilities €114k
Equity
€91k▼ 22.0%
Debt
€24k▲ 308%
The debt ratio rises from 4.7% to 20.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2024 · €17k
Cash flow
€-2k▼
2024 · €14k
Solvency
79.4%▼
2024 · 95.3%
Current ratio
4.73▼
2024 · 20.53
Quick ratio
4.70▼
2024 · 20.40
Debt / equity
0.26▲
2024 · 0.05
ROE
-2.8%▼
2024 · 10.7%
ROA
-2.3%▼
2024 · 10.2%
Interest coverage
-9.68▼
2024 · 55.85
Debt
€24k▲
2024 · €6k
Debt ≤ 1 year
€24k▲
2024 · €6k
Income taxes
€0▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€122k€114k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€590€249▼
Furniture and vehicles24€238€0▼
Current assets29/58€119k€112k▼
Stocks and contracts in progress3€780€837▲
Stocks30/36€780€837▲
Amounts receivable within one year40/41€9k€12k▲
Trade receivables40€0€275▲
Other amounts receivable41€9k€12k▲
Cash at bank and in hand54/58€108k€98k▼
Deferred charges and accrued income490/1€885€869▼
Equity and liabilities
Total equity and liabilities10/49€122k€114k▼
Equity10/15€116k€91k▼
Contributions10/11€6k€6k=
Reserves13€70k€70k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€68k€68k=
Profit (loss) carried forward14€41k€15k▼
Amounts payable17/49€6k€24k▲
Amounts payable within one year42/48€6k€24k▲
Trade debts44€476€559▲
Suppliers440/4€476€559▲
Taxes, remuneration and social security45€5k€94▼
Taxes450/3€5k€94▼
Other amounts payable47/48-€23k
Income statement
Code20242025
Non-recurring operating income76A€19k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€706▼
Other operating charges640/8€1k€908▼
Gross operating margin9900€18k€-2k▼
Operating profit (loss)9901€15k€-3k▼
Financial income75/76B€929€990▲
Recurring financial income75€929€990▲
Financial charges65/66B€302€269▼
Recurring financial charges65€302€269▼
Profit (loss) for the period before taxes9903€16k€-3k▼
Income taxes67/77€3k€0▼
Profit (loss) for the period9904€12k€-3k▼
Profit (loss) for the period to be appropriated9905€12k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€38k▼
Profit (loss) brought forward from the previous period14P€41k€41k=
Transfer to equity691/2€12k€0▼
To other reserves6921€12k€0▼
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
The notes to these accounts (5 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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-3k ▼121%
Net result drops to €-3k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 20.53
Current ratio from 5.71 to 20.53; short-term debt falls from €21k to €6k.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €104k ▲13.3%
6 profitable years in a row build equity to €104k.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €13k ▲421%
Operating result €20k, net result €13k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
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, Gent · 1 establishment unit since 2004
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.
Alfons Van den Broeckstraat 329041 GentGround area
577 m²
Building footprint
92 m²
Volume, LiDAR
500 m³
Parcel 44051B1135/00D002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
kitchi
since 20042.137.414.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051B1135/00D002 | Flanders | 577 m² | 1 · 92 m² | 8.5 m · 2 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.
Similar companies · same sector, comparable size
CASIER PETER
BE 0837.642.411
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HF INTERIEUR
BE 0862.410.370
Lommel · Eq €92k
De Patatjes
BE 0717.954.903
Veurne · Eq €89k
ALPHA DESIGN
BE 0437.921.346
Antwerpen · Eq €88k
MEUBLES ROSA
BE 0644.707.530
Liège · Eq €95k
Of 620 companies in sector 31002 we hold annual accounts for 350. 277 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-05-2004
Fiscal year end31-12
Activities, NACEBEL
31002Manufacture of furniture
45310
16110Sawmilling and planing of wood
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36130
36141
43211General electrical installation work
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47591Retail trade
47592Retail trade
52441
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.