CAFARI
ActiveSummary
The computed 12-month bankruptcy probability of CAFARI is 3.5% (moderate). For CAFARI, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-16k) and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 17999 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0▼-16
Growth32=
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-42.4%
Return on assets
-32.2%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-09-2024, 41 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.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
41 d late
2022
29 d late
2021
29 d late
2020
41 d late
2019
144 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-12k▼ 34.4%
2022 · €-9k
2018: €1k
2019: €-1k▼ -190% vs 2018
2020: €3k▲ +326% vs 2019highest in 6 years
2021: €-1k▼ -146% vs 2020
2022: €-9k▼ -614% vs 2021
2023: €-12k▼ -34.4% vs 2022lowest in 6 years
2018 → 2023
Working capital
€-50k▼ 7.2%
2022 · €-46k
2018: €-45k
2019: €-46k▼ -2.6% vs 2018
2020: €-46k▲ +0.3% vs 2019
2021: €-35k▲ +23.0% vs 2020highest in 6 years
2022: €-46k▼ -32.1% vs 2021
2023: €-50k▼ -7.2% vs 2022lowest in 6 years
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-5k-€-2k▲ 57.3%€5k€-4k€-16k▼ 318%
2019: €-5k
2020: €-2k▲ +57.3% vs 2019
2021: €5k▲ +355% vs 2020highest in 5 years
2022: €-4k▼ -173% vs 2021
2023: €-16k▼ -318% vs 2022lowest in 5 years
Operating result€4k-€6k▲ 58.3%€-460€-8k▼ 1,726%€-12k▼ 40.2%
2019: €4k
2020: €6k▲ +58.3% vs 2019highest in 5 years
2021: €-460▼ -108% vs 2020
2022: €-8k▼ -1726% vs 2021
2023: €-12k▼ -40.2% vs 2022lowest in 5 years
Net result€-1k-€3k€-1k€-9k▼ 614%€-12k▼ 34.4%
2019: €-1k
2020: €3k▲ +326% vs 2019highest in 5 years
2021: €-1k▼ -146% vs 2020
2022: €-9k▼ -614% vs 2021
2023: €-12k▼ -34.4% vs 2022lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2023 against €8k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €38k
Fixed assets
€37k ▼ 13.5%
Current assets
€738 ▲ 128%
Key figures and ratios
EBITDA
€-6k▼
2022 · €-3k
Cash flow
€-6k▼
2022 · €-3k
Solvency
-42.4%▼
2022 · -8.9%
Current ratio
0.01▲
2022 · 0.01
Debt to equity
-3.17▲
2022 · -12.28
ROA
-32.2%▼
2022 · -21.0%
Interest coverage
-18.87▼
2022 · -4.41
Debt
€50k▲
2022 · €47k
Debt ≤ 1 year
€50k▲
2022 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 37 lines
Balance sheet
Code20222023
Assets
Total assets20/58€43k€38k▼
Fixed assets21/28€43k€37k▼
Tangible fixed assets22/27€43k€37k▼
Other tangible fixed assets26€43k€37k▼
Current assets29/58€323€738▲
Amounts receivable within one year40/41€254€738▲
Other amounts receivable41€254€738▲
Cash at bank and in hand54/58€69-
Equity and liabilities
Total equity and liabilities10/49€43k€38k▼
Equity10/15€-4k€-16k▼
Contributions10/11€6k€6k=
Reserves13€265€265=
Distributable reserves133€265€265=
Profit (loss) carried forward14€-10k€-22k▼
Provisions and deferred taxes16-€3k
Provisions for liabilities and charges160/5-€3k
Environmental obligations163-€3k
Amounts payable17/49€47k€50k▲
Amounts payable within one year42/48€47k€50k▲
Current portion of amounts payable after more than one year42€7k-
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€257€158▼
Taxes450/3€257€158▼
Other amounts payable47/48€40k€48k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8-€150
Gross operating margin9900€-3k€-6k▼
Operating profit (loss)9901€-8k€-12k▼
Financial charges65/66B€599€319▼
Recurring financial charges65€599€319▼
Non-recurring financial charges66B-€319
Profit (loss) for the period before taxes9903€-9k€-12k▼
Profit (loss) for the period9904€-9k€-12k▼
Profit (loss) for the period to be appropriated9905€-9k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-22k▼
Profit (loss) brought forward from the previous period14P€-1k€-10k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €8k | €6k | €6k | €6k | = |
| Other operating charges640/8 | - | - | - | - | €150 | - |
| Non-recurring operating charges66A | - | - | €514 | - | - | - |
| Gross operating margin9900 | €20k | €17k | €6k | €-3k | €-6k | ▼ 122% |
| Operating profit (loss)9901 | €4k | €6k | €-460 | €-8k | €-12k | ▼ 40.2% |
| Financial income75/76B | - | - | €26 | - | - | - |
| Recurring financial income75 | €178 | €7 | €26 | - | - | - |
| Financial charges65/66B | - | - | €827 | €599 | €319 | ▼ 46.7% |
| Recurring financial charges65 | €4k | €3k | €827 | €599 | €319 | ▼ 46.7% |
| Non-recurring financial charges66B | - | - | - | - | €319 | - |
| Profit (loss) for the period before taxes9903 | €65 | €3k | €-1k | €-9k | €-12k | ▼ 34.4% |
| Income taxes67/77 | €1k | - | - | - | - | - |
| Profit (loss) for the period9904 | €-1k | €3k | €-1k | €-9k | €-12k | ▼ 34.4% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €3k | €-1k | €-9k | €-12k | ▼ 34.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81k | €62k | €55k | €43k | €38k | ▼ 12.5% |
| Fixed assets21/28 | €64k | €57k | €49k | €43k | €37k | ▼ 13.5% |
| Tangible fixed assets22/27 | €64k | €57k | €49k | €43k | €37k | ▼ 13.5% |
| Plant, machinery and equipment23 | - | - | €297 | - | - | - |
| Other tangible fixed assets26 | - | - | €49k | €43k | €37k | ▼ 13.5% |
| Current assets29/58 | €17k | €5k | €6k | €323 | €738 | ▲ 128% |
| Stocks and contracts in progress3 | €3k | €500 | - | - | - | - |
| Amounts receivable within one year40/41 | €4k | €2k | €4k | €254 | €738 | ▲ 191% |
| Trade receivables40 | - | - | €2k | - | - | - |
| Other amounts receivable41 | - | - | €2k | €254 | €738 | ▲ 191% |
| Cash at bank and in hand54/58 | €8k | €1k | €2k | €69 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81k | €62k | €55k | €43k | €38k | ▼ 12.5% |
| Equity10/15 | €-5k | €-2k | €5k | €-4k | €-16k | ▼ 318% |
| Contributions10/11 | €6k | - | €6k | €6k | €6k | = |
| Reserves13 | €265 | €265 | €265 | €265 | €265 | = |
| Non-distributable reserves130/1 | - | - | €265 | - | - | - |
| Reserves not available under the articles1311 | - | - | €265 | - | - | - |
| Distributable reserves133 | - | - | - | €265 | €265 | = |
| Profit (loss) carried forward14 | €-11k | €-9k | €-1k | €-10k | €-22k | ▼ 118% |
| Provisions and deferred taxes16 | - | - | - | - | €3k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €3k | - |
| Environmental obligations163 | - | - | - | - | €3k | - |
| Amounts payable17/49 | €86k | €65k | €50k | €47k | €50k | ▲ 8.0% |
| Amounts payable after more than one year17 | €22k | €13k | €7k | - | - | - |
| Financial debts170/4 | - | - | €7k | - | - | - |
| Amounts payable within one year42/48 | €63k | €51k | €41k | €47k | €50k | ▲ 8.0% |
| Current portion of amounts payable after more than one year42 | - | - | €6k | €7k | - | - |
| Trade debts44 | €2k | €3k | - | - | €2k | - |
| Suppliers440/4 | - | - | - | - | €2k | - |
| Taxes, remuneration and social security45 | - | - | €3k | €257 | €158 | ▼ 38.5% |
| Taxes450/3 | - | - | €3k | €257 | €158 | ▼ 38.5% |
| Other amounts payable47/48 | - | - | €32k | €40k | €48k | ▲ 22.6% |
| Accrued charges and deferred income492/3 | - | - | €2k | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €3k | €-1k | €-9k | €-12k | ▼ 34.4% |
| + Depreciation and write-downs630 | €12k | €8k | €6k | €6k | €6k | = |
| Operating cash flow (approximation) | €11k | €10k | €5k | €-3k | €-6k | ▼ 95.7% |
| Investment in fixed assets (approximation) | - | €-1k | €2k | €582 | €0 | ▼ 100% |
| Change in cash | - | €-7k | €572 | €-2k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 144 days late
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 183 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Spa · 1 establishment unit since 2005
Ground area
625 m²
Building footprint
175 m²
Volume, LiDAR
703 m³
2 parcels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SPRL CAFARI
since 20052.144.501.635
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83031A0292/00D000 | Wallonia | 466 m² | 1 · 101 m² | - |
| 63072E0477/00H002 | Wallonia | 158 m² | 1 · 74 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 5,149 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-10-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.