Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
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 18 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
KWAK from Sint-Lambrechts-Woluwe, company number BE0462291706, closed financial year 2024 with a result of € -61,962 after tax. For that financial year KWAK recorded a gross margin of € 705,514 and equity of € -516,880. Compared with financial year 2023, the result moved from € 13,459 to € -61,962. 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 October 17, 2025.
€ -516,880
▼ € 61,962 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,962
▼ still € 13,459 profit in 2023
Profit after tax over the fiscal year.
€ 3,170
▼ 72% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -578,880.
People and assets in 2024
€ 685,230
▲ 26% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,594
▲ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 128,486
▲ 97% vs 2023
€ 21,477 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 90,274
▼ 29% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 366,245
▲ 25% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 438,680 | € 591,214 | € 583,042 | € 705,514 | ▲ 21% |
| Profit after taxes | € 13,267 | € -13,182 | € 13,459 | € -61,962 | ▼ € 75,421 |
| Equity | € -455,195 | € -468,377 | € -454,918 | € -516,880 | ▼ € 61,962 |
| Total debts | € 638,376 | € 705,835 | € 657,862 | € 758,041 | ▲ 15% |
| Cash | € 40,247 | € 10,513 | € 11,509 | € 3,170 | ▼ 72% |
| Retained profit | € -517,195 | € -530,377 | € -516,918 | € -578,880 | ▼ € 61,962 |
| Bank debt | € 51,455 | € 101,788 | € 65,372 | € 128,486 | ▲ 97% |
| Balance sheet total | € 183,181 | € 237,458 | € 202,944 | € 241,161 | ▲ 19% |
Key figures of KWAK, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KWAK?
What happened at KWAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 61,962 (▼ € 75,421 vs 2023). filed late Source: NBB ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,267 profit in 2021 to € 61,962 loss in 2024.
Paid € 6,206 in corporate taxes since 2021.
Best year ever: 2023, with € 13,459 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind KWAK are ADRIEN PRACUCCI and FRANKY PRACUCCI.
Directors
According to the 2024 annual accounts
ADRIEN PRACUCCI
Director
FRANKY PRACUCCI
Director
Establishments
Establishment units
Physical locations of this company
Emile Vanderveldelaan 2
1200 Sint-Lambrechts-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.291.706
- VAT number
- BE 0462.291.706
- Registered office
- Emile Vanderveldelaan 2, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- KWAK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1997
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Cafés
Eetgelegenheden met volledige bediening
Cafés en bars
Fastfoodzaken, snackbars, frituren en dergelijke