Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2026; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
KHL from Oostende, company number BE0441185395, closed financial year 2026 with a result of € -5,731 after tax. For that financial year KHL recorded a gross margin of € -5,273 and equity of € -50,777. Compared with financial year 2025, the result moved from € 3,423 to € -5,731. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2026.
€ -50,777
▼ € 5,731 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,731
▼ still € 3,423 profit in 2025
Profit after tax over the fiscal year.
€ 725
▼ 73% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,369.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 513
▼ 62% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 82,679 | € 84,236 | € 31,179 | € -5,273 | ▼ € 36,452 |
| Profit after taxes | € 3,489 | € 25,106 | € 3,423 | € -5,731 | ▼ € 9,154 |
| Equity | € -73,574 | € -48,468 | € -45,046 | € -50,777 | ▼ € 5,731 |
| Total debts | € 128,159 | € 102,887 | € 51,066 | € 55,972 | ▲ 10% |
| Cash | € 36,327 | € 42,261 | € 2,686 | € 725 | ▼ 73% |
| Retained profit | € -92,166 | € -67,060 | € -63,638 | € -69,369 | ▼ € 5,731 |
| Balance sheet total | € 54,585 | € 54,419 | € 6,020 | € 5,195 | ▼ 14% |
Key figures of KHL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to KHL?
What happened at KHL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 5,731 (▼ € 9,154 vs 2025). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,489 profit in 2023 to € 5,731 loss in 2026.
Paid € 169 in corporate taxes since 2023.
Best year ever: 2024, with € 25,106 profit.
Management
Behind KHL is Kin Hing Liu.
Directors
According to the 2026 annual accounts
Kin Hing Liu
Director
Establishments
Establishment units
Physical locations of this company
Waterlelielaan 22
8400 Oostende
Vindictivelaan 31-32
8400 Oostende
Active since 24 December 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.185.395
- VAT number
- BE 0441.185.395
- Registered office
- Waterlelielaan 22, 8400 Oostende
- Names & denominations
- KHL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 1990
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening