Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KAYAK from Courcelles, company number BE0434207929, closed financial year 2025 with a result of € -41,045 after tax. For that financial year KAYAK recorded a gross margin of € 41,974 and equity of € 56,463. Compared with financial year 2024, the result moved from € -41,677 to € -41,045. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 56,463
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,045
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,473
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 31,100.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 65,367
▼ 24% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,437
▲ € 8,640 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 28,077
▲ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 97,089
▲ 195% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,049
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 102,711 | € 100,171 | € 61,073 | € 41,974 | ▼ 31% |
| Profit after taxes | € -32,972 | € -33,415 | € -41,677 | € -41,045 | ▲ € 631 |
| Equity | € 172,600 | € 139,185 | € 97,508 | € 56,463 | ▼ 42% |
| Total debts | € 125,442 | € 105,915 | € 131,097 | € 197,469 | ▲ 51% |
| Cash | € 80,981 | € 19,221 | € 13,501 | € 5,473 | ▼ 59% |
| Retained profit | € 144,737 | € 113,822 | € 72,145 | € 31,100 | ▼ 57% |
| Bank debt | € 25,178 | € 16,028 | € 23,709 | € 28,077 | ▲ 18% |
| Balance sheet total | € 298,042 | € 245,100 | € 228,605 | € 253,932 | ▲ 11% |
Key figures of KAYAK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KAYAK?
What happened at KAYAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,045. Source: NBB ↗
- New establishment in Châtelet. KBO
- New establishment in La Louvière. KBO
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,972 loss in 2022 to € 41,045 loss in 2025.
Management
Behind KAYAK is Freddy CHALLE.
Directors
According to the 2025 annual accounts
Freddy CHALLE
Manager
Establishments
Establishment units
Physical locations of this company
Avenue de Wallonie(CO) 118
6180 Courcelles
Rue de la Franco-Belge(L.L) -
7100 La Louvière
Active since 12 April 1996
Grand'rue 143 box 59
6000 Charleroi
Active since 1 August 1995
Rue du Trieu-Kaisin 1
6200 Châtelet
Active since 1 April 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.207.929
- VAT number
- BE 0434.207.929
- Registered office
- Avenue de Wallonie(CO) 118, 6180 Courcelles
- Names & denominations
- KAYAK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 1988
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen