KQIRA
ActiveThe computed 12-month bankruptcy probability of KQIRA is 3.1% (moderate). The 2025 annual accounts show equity of €51k and a net result of €2k. Equity is growing by ~45.3% per year across the filed fiscal years. Its solvency ranks better than 44% of 13159 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-17
Solvency48▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.52 in 2024; short-term debt: 64.5% and cash: 25.4% of total assets), and 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.3%
Return on assets
0.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
72 d early
2023
71 d early
2022
24 d late
2021
61 d late
2020
2 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 3.5%
2024 · €49k
2020: €-41k
2021: €15k
2022: €39k
2023: €13k
2024: €49k
2020 → 2025
Total assets
€217k▼ 9.5%
2024 · €240k
2020: €363k
2021: €409k
2022: €344k
2023: €275k
2024: €240k
2020 → 2025
Net result
€2k▼ 95.2%
2024 · €36k
2020: €-61k
2021: €56k
2022: €24k
2023: €-26k
2024: €36k
2020 → 2025
Working capital
€-67k▼ 15.4%
2024 · €-58k
2020: €-121k
2021: €-68k
2022: €-48k
2023: €-82k
2024: €-58k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€39k▲ 159%€13k▼ 66.4%€49k▲ 276%€51k▲ 3.5%
Operating result€64k-€40k▼ 36.7%€-22k€42k€9k▼ 77.9%
Net result€56k-€24k▼ 57.9%€-26k€36k€2k▼ 95.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217k
Fixed assets
€144k▼ 18.7%
Current assets
€73k▲ 16.3%
Equity and liabilities €217k
Equity
€51k▲ 3.5%
Debt
€166k▼ 12.9%
The debt ratio falls from 79.6% to 76.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▼
2024 · €87k
Cash flow
€41k▼
2024 · €82k
Solvency
23.3%▲
2024 · 20.4%
Current ratio
0.52▲
2024 · 0.52
Quick ratio
0.47▲
2024 · 0.45
Debt / equity
3.28▼
2024 · 3.90
ROE
3.4%▼
2024 · 73.4%
ROA
0.8%▼
2024 · 15.0%
Interest coverage
13.45▼
2024 · 15.56
Debt
€166k▼
2024 · €191k
Debt ≤ 1 year
€140k▲
2024 · €121k
Debt > 1 year
€26k▼
2024 · €70k
Income taxes
€4k
Staff costs
€107k▲
2024 · €95k
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€240k€217k▼
Fixed assets21/28€177k€144k▼
Intangible fixed assets21€32k€25k▼
Tangible fixed assets22/27€144k€118k▼
Land and buildings22€1k€977▼
Plant, machinery and equipment23€140k€110k▼
Furniture and vehicles24-€7k
Leasing and similar rights25€3k-
Financial fixed assets28€1k€1k=
Current assets29/58€63k€73k▲
Stocks and contracts in progress3€8k€7k▼
Stocks30/36€8k€7k▼
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40-€2k
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€46k€55k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€240k€217k▼
Equity10/15€49k€51k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€29k€31k▲
Amounts payable17/49€191k€166k▼
Amounts payable after more than one year17€70k€26k▼
Financial debts170/4€70k€26k▼
Amounts payable within one year42/48€121k€140k▲
Current portion of amounts payable after more than one year42€54k€44k▼
Trade debts44€19k€38k▲
Suppliers440/4€19k€38k▲
Taxes, remuneration and social security45€28k€33k▲
Taxes450/3€23k€24k▲
Remuneration and social security454/9€5k€9k▲
Other amounts payable47/48€19k€25k▲
Income statement
Code20242025
Remuneration, social security and pensions62€95k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€39k▼
Other operating charges640/8€8k€10k▲
Gross operating margin9900€191k€166k▼
Operating profit (loss)9901€42k€9k▼
Financial income75/76B-€149
Recurring financial income75-€149
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€36k€6k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€36k€2k▼
Profit (loss) for the period to be appropriated9905€36k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€31k▲
Profit (loss) brought forward from the previous period14P€-7k€29k▲
The notes to these accounts (12 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €56k
Net result €56k after one loss-making year.
29-07
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
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2020
Gëzim Kqira: Resigned as Director
01-01-2020
Linda Kqira: Resigned as Director
01-01-2020
Ndue Kqira: Resigned as Director
01-01-2020
Nike Kgira: Resigned as Director
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2019
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.
Simon Stevinplein 68000 BruggeGround area
114 m²
Building footprint
52 m²
Volume, LiDAR
513 m³
Parcel 31803C0097/00B000, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
't Fonteintje
since 20192.291.531.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31803C0097/00B000 | Flanders | 114 m² | 1 · 52 m² | 12.5 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 2,500 EUR awarded · 2,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.291.531.067
Dual-learning approval
13 endedSimilar companies · same sector, comparable size
MCL-F
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Nieuwpoort · Eq €51k
M & J PUUR
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Genk · Eq €51k
PLATFORM ECOMMERCE
BE 0825.334.594
Mouscron · Eq €51k
Tijt à Tijt
BE 0699.624.871
Zedelgem · Eq €51k
Anar Resto
BE 0684.608.380
Gent · Eq €51k
Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 9,822 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2019
Fiscal year end31-12
Trade name NL
't fonteintje
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.