Skip to content

KYS

Active
Rue de la Montagne 18 ·6200 Châtelet, Belgium
Open bankruptcy
KBO/BCE: BE 0536.916.873
Watch Print / PDF
Age13 yrs
Board1
Real estate1 parcel · 56 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for KYS according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €39k and a net result of €39k.

Based on the State Gazette, CBE and 6 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
18-11-2024
Bankruptcy Opening
Date: 04-11-2024 · Tribunal de l’entreprise du Hainaut, division Charleroi · KYS SRL RUE DE LA MONTAGNE 18, 6200 CHATELET · Publications in State Gazette ↗

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 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.
How we compute the deadline
The year end is derived from 10 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 31-12-2023, that is 31-07-2024.
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 nothing on record not filed -
31-12-2023 31-07-2024 31-08-2024 31 d late 2024-00432441
31-12-2022 31-07-2023 25-04-2024 269 d late 2024-00068614
31-12-2021 31-07-2022 16-08-2022 16 d late 2022-20293226
31-12-2020 31-07-2021 14-09-2021 45 d late 2021-67200426
31-12-2019 31-07-2020 23-10-2020 84 d late 2020-64300572
31-12-2018 31-07-2019 09-05-2019 83 d early 2019-12600551
31-12-2017 31-07-2018 09-05-2019 282 d late 2019-13100552
31-12-2016 31-07-2017 28-11-2017 120 d late 2017-70600238
30-09-2015 30-04-2016 18-06-2016 49 d late 2016-19200333
30-09-2014 30-04-2015 18-06-2015 49 d late 2015-18900154

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
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

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.

Financials

Turnover€543k-6.2%
EBIT margin7.8%-3.1pp
Net result€39k-31.6%
Working capital€1k
Directors1

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 31-08-2024 with the NBB · fiscal year 2023 · micro
€-200k€0€200k€400k€600kRevenue 2019: €237k€237kOperating result 2019: €-14k€-14kNet result 2019: €-89k€-89kRevenue 2020: €321k€321kOperating result 2020: €-20k€-20kNet result 2020: €-129k€-129kRevenue 2021: €605k€605kOperating result 2021: €55k€55kNet result 2021: €53k€53kRevenue 2022: €578k€578kOperating result 2022: €63k€63kNet result 2022: €56k€56kRevenue 2023: €543k€543kOperating result 2023: €42k€42kNet result 2023: €39k€39k20192020202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 30.5% 16.7%
better than 63% of 4791 sector peers
Net result €39k €2k
better than 88% of 4780 sector peers
Equity €39k €11k
better than 74% of 4805 sector peers
Gross operating margin €113k €42k
better than 74% of 4763 sector peers
Staff costs €44k €47k
higher than 48% of 3406 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P63
2020: P17 · n=12902021: P14 · n=20872022: P34 · n=35442023: P63 · n=47912020 2023
Improving position over 2020-2023 · n=1290-4791
Net result P88
2020: P14 · n=12822021: P92 · n=20822022: P92 · n=35262023: P88 · n=47802020 2023
Improving position over 2020-2023 · n=1282-4780
Equity P74
2020: P5 · n=12942021: P9 · n=20942022: P34 · n=35502023: P74 · n=48052020 2023
Improving position over 2020-2023 · n=1294-4805
Gross operating margin P74
2020: P34 · n=12772021: P82 · n=20702022: P76 · n=35122023: P74 · n=47632020 2023
Improving position over 2020-2023 · n=1277-4763
Describes the position versus peers, not a forecast.
Revenue
€543k
-6.2% 18-23
EBITDA
€58k
-27.7% 18-23
Net profit
€39k
-31.6% 18-23
Cash flow
€55k
-26.1% 18-23
Total assets
€128k
+64.1% 18-23
Equity
€39k
+7238.8% 18-23
Working capital
€1k
- 18-23
Staff costs
€44k
+92.0% 18-23
Income taxes
€2k
-38.3% 18-23
Debt
€89k
+14.8% 18-23
Debt ≤ 1y
€87k
+17.0% 18-23
Debt > 1y
€2k
-35.8% 18-23
Current ratio
1.01
+224.8% 18-23
Quick ratio
0.96
+290.6% 18-23
Solvency
30.5%
+4373.2% 18-23
Debt / equity
2.28
-98.4% 18-23
ROE
98.6%
-99.1% 18-23
ROA
30.1%
-58.3% 18-23
Net margin
7.1%
-27.1% 18-23
EBITDA margin
10.8%
-23.0% 18-23
Interest coverage
15.60
+32.8% 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue€543k
EBITDA€58k
Net profit€39k
Cash flow€55k
Staff costs€44k
Income taxes-
Dividends-
Total assets€128k
Equity€39k
Debt€89k
of which ≤ 1y€87k
of which > 1y€2k
Working capital€1k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.01
Quick ratio0.96
Working capital ratio0.9%
Solvency30.5%
Debt / equity2.28
Long-term debt ratio0.05
Interest coverage15.60
Gross margin20.7%
Net margin7.1%
ROA30.1%
ROE98.6%
EBITDA margin10.8%
Days sales outstanding18d
Days payable outstanding58d
Inventory turnover85.74
Days inventory (DSI)4d
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€128k
Fixed assets 21/28€40k
Tangible fixed assets 22/27€23k
Financial fixed assets 28€17k
Current assets 29/58€88k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€44k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€128k
Equity 10/15€39k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€19k
Amounts payable 17/49€89k
Amounts payable after one year 17€2k
Amounts payable within one year 42/48€87k
Trade debts payable within one year 44€68k
Income statement
Turnover 70€543k
Gross operating margin 9900€113k
Operating result 9901€42k
Financial charges 65€4k
Result before taxes 9903€39k
Net result for the period 9904€39k
Result to be appropriated 9905€39k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
21 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

1 director
Current directors & mandates
  • KURT Serkan
    Director
    State Gazette act 24392002 (25-04-2024)
    Current
    25-04-2024 → present
    2 events
    • 25-04-2024 Resigned· Manager
    • 25-04-2024 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator MELANIE HARVENGT
RUE DE ROBIANO 74, 7130 BINCHE- . Date provisoire de cessation de paiement : 04/11/2024
 04-11-2024 → present Belgian State Gazette

Legal Structure

NACE primary Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form Private limited company(610)
Incorporation24-07-2013
StatusActive
Postal code6200
First BS signal 18-11-2024
Latest BS signal 18-11-2024

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

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 de la Montagne 186200 Châtelet

Establishment units

1 location
LE SNACK KYS
Rue de la Montagne 18, 6200 ChâteletGroothandel in parfumerieën en cosmetica
since 20132.227.158.503
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area56 m²
Buildings1
Building footprint46 m²
Volume (LiDAR)602 m³
Tallest building16.2 m · ±4 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.
52012A0777/00C000 Wallonia 56 m² 1 · 46 m² 16.2 m · 4 fl.
Methodology
via registered seat: 1
1 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

1 event from the State Gazette
18-11-2024
Bankruptcy Opening
Date: 04-11-2024 · Tribunal de l’entreprise du Hainaut, division Charleroi · KYS SRL RUE DE LA MONTAGNE 18, 6200 CHATELET · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-11-18 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

2 acts
Address history · 1
07-03-2024
Registered-office move
All acts · 2 updated 2 years ago
2024
25-04-2024 1 director appointed, 1 resigning Director changes·Sébastien FOUCART
  • KURT Serkan, Bestuurder
  • KURT Serkan, Zaakvoerder
Notary: Sébastien FOUCART · Charleroi
07-03-2024 Registered office moved from FONTAINE L EVEQUE to CHATELET Registered-office change
  • rue Oscar Buchet 38 6140 FONTAINE L EVEQUE → rue de la Montagne 18 à 6200 CHATELET exte

Analysis

Snowflake analysis

financial profile on 5 axes
Health21Profitability72Solvency48Growth83Stability0
45 / 100

Mixed profile: strong on growth, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 21
Profitability 72
Solvency 48
Growth 83
Stability 0

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

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 2,914 of the 21,776 companies in this sector. 2,497 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameFR KYS
Registered office
Rue de la Montagne 18
6200 Châtelet, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.