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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
K-ELEVEN from Nazareth-De Pinte, company number BE0880592229, closed financial year 2025 with a result of € -5,564 after tax. For that financial year K-ELEVEN recorded a gross margin of € -5,249 and equity of € -37,217. Compared with financial year 2024, the result moved from € -6,647 to € -5,564. 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 26, 2026.
€ -37,217
▼ € 5,564 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,564
▲ 16 % less loss than in 2024
Profit after tax over the fiscal year.
€ 52
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45,277.
Debts at end 2025
€ 8,378
▼ 65% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,829 | € -3,614 | € 2,608 | € -5,249 | ▼ € 7,856 |
| Profit after taxes | € -11,390 | € -13,160 | € -6,647 | € -5,564 | ▲ € 1,083 |
| Equity | € -11,846 | € -25,006 | € -31,653 | € -37,217 | ▼ € 5,564 |
| Total debts | € 153,260 | € 161,586 | € 163,570 | € 162,427 | ▼ 1% |
| Cash | € 231 | € 2,930 | € 3,123 | € 52 | ▼ 98% |
| Land & buildings | € 126,808 | € 122,859 | € 118,909 | € 114,960 | ▼ 3% |
| Retained profit | € -18,046 | € -31,206 | € -39,713 | € -45,277 | ▼ € 5,564 |
| Bank debt | € 53,477 | € 39,019 | € 23,918 | € 8,378 | ▼ 65% |
| Balance sheet total | € 141,414 | € 136,580 | € 131,917 | € 125,210 | ▼ 5% |
Key figures of K-ELEVEN, 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 K-ELEVEN?
What happened at K-ELEVEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,564. filed late Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,390 loss in 2022 to € 5,564 loss in 2025.
Management
Behind K-ELEVEN are Kurt Schelstraete and Kristien Mermans. Kurt Schelstraete is also behind K.S. Invest, DELVANIN, FUR&MESURE and AB Confirma.
Directors
According to the 2025 annual accounts
Kristien Mermans
Director
Establishments
Establishment units
Physical locations of this company
Leegzakstraat 60
9810 Nazareth-De Pinte
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
- 0880.592.229
- VAT number
- BE 0880.592.229
- Registered office
- Leegzakstraat 60, 9810 Nazareth-De Pinte
- Names & denominations
- K-ELEVEN · K-11
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2006
- Peppol
- Active · Active since 27 Dec 2025
- Activities · NACE
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