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CAFERRO

Open bankruptcy
Private limited company (pre-2019)founded 1995Rue de France 38, 6000 Charleroi, BelgiumKBO/BCE: BE 0455.860.804

A bankruptcy procedure is open for CAFERRO according to publications in the Belgian State Gazette; curator: JEAN-CHRISTOPHE ANDRE.

Summary

The 2021 annual accounts show negative equity (-€75,932) and a net result of €232,954.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Charleroi division
Declared bankrupt
19 December 2022
Supervising judge
Jean Marc Cremer
Official Gazette
23-12-2022 (pdf) ↗search the document for 2022/148203

Curator

  • Jean-Christophe AndreRue Du Parc 29, 6000 Charleroi- . Date provisoire de cessation de paiement : 19/12/2022jeanchristophe.andre@skynet.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
30 d late
2019
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 50 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 August 1995, CAFERRO was incorporated.1 Total assets went from EUR 598,262 in 2018 to EUR 121,922 in 2021 and headcount from 4.4 to 4.5 full-time equivalents.2 The company was declared bankrupt on 19 December 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 23-12-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Turnover
€195,106▼ 49.0%
2019 · €382,853
EBIT margin
-15.5%▲ 0.1pp
2019 · -15.6%
Net result
€232,954
2020 · -€55,101
Working capital
-€102,180▲ 30.0%
2020 · -€145,909
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Turnover€382,853€195,106▼ 49.0%
Operating result-€34,932--€59,687▼ 70.9%-€30,269▲ 49.3%€305,519
Net result-€34,088--€95,431▼ 180%-€55,101▲ 42.3%€232,954
EBIT margin-15.6%-15.5%▲ 0.1pp
Equity€187,540-€92,109▼ 50.9%€37,008▼ 59.8%-€75,932
Total assets€598,262-€502,299▼ 16.0%€522,623▲ 4.0%€121,922▼ 76.7%
Debt€410,722-€410,190▼ 0.1%€485,615▲ 18.4%€197,854▼ 59.3%
Working capital-€40,217--€94,513▼ 135%-€145,909▼ 54.4%-€102,180▲ 30.0%
Staff (FTE)4.4-5▲ 13.6%4▼ 20.0%4.5▲ 12.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2021 Total assets -77% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2018: -€34,932-€34,932Net result 2018: -€34,088-€34,088Operating result 2019: -€59,687-€59,687Net result 2019: -€95,431-€95,431Operating result 2020: -€30,269-€30,269Net result 2020: -€55,101-€55,101Operating result 2021: €305,519€305,519Net result 2021: €232,954€232,9542018201920202021-€200,000€0€200,000€400,000Operating result 2019: -€59,687-€59,700Net result 2019: -€95,431-€95,400Operating result 2020: -€30,269-€30,300Net result 2020: -€55,101-€55,100Operating result 2021: €305,519€306,000Net result 2021: €232,954€233,000201920202021
The operating result returns to profit in 2021: €305,519 after a loss of €30,269 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €121,922
Fixed assets €26,248 ▼ 94.0%
Current assets €95,674 ▲ 13.8%
Key figures and ratios
2021 value · change against 2020
EBITDA
€307,705▲
2020 · €7,396
Cash flow
€235,141▲
2020 · -€17,435
Solvency
-62.3%▼
2020 · 7.1%
Current ratio
0.48▲
2020 · 0.37
Quick ratio
0.47▲
2020 · 0.36
Debt to equity
-2.61▼
2020 · 6.91
ROA
191.1%▲
2020 · -10.5%
Interest coverage
4.08
Debt ≤ 1 year
€197,854▼
2020 · €229,959
Staff costs
€39,993
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 42 lines
Balance sheet Code20202021
Assets
Total assets20/58€522,623€121,922▼
Fixed assets21/28€438,573€26,248▼
Tangible fixed assets22/27€434,456€14,631▼
Furniture and vehicles24-€2,876
Other tangible fixed assets26-€11,755
Financial fixed assets28€4,117€11,617▲
Current assets29/58€84,050€95,674▲
Stocks and contracts in progress3€1,198€2,598▲
Stocks30/36-€2,598
Amounts receivable within one year40/41€76,811€50,808▼
Trade receivables40-€2,479
Other amounts receivable41-€48,328
Cash at bank and in hand54/58€4,374€35,630▲
Deferred charges and accrued income490/1-€6,638
Equity and liabilities
Total equity and liabilities10/49€522,623€121,922▼
Equity10/15€37,008-€75,932▼
Contributions10/11-€124,600
Profit (loss) carried forward14-€433,487-€200,532▲
Amounts payable17/49€485,615€197,854▼
Amounts payable after more than one year17€255,656-
Amounts payable within one year42/48€229,959€197,854▼
Trade debts44€46,101€43,322▼
Suppliers440/4-€43,322
Taxes, remuneration and social security45-€154,533
Taxes450/3-€28,905
Remuneration and social security454/9-€125,627
Income statement Code20202021
Turnover70€195,106-
Remuneration, social security and pensions62-€39,993
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,666€2,186▼
Other operating charges640/8-€32,667
Non-recurring operating charges66A-€1,942
Gross operating margin9900€98,744€382,307▲
Operating profit (loss)9901-€30,269€305,519▲
Financial income75/76B-€2,784
Recurring financial income75€5,057€2,784▼
Financial charges65/66B-€75,348
Recurring financial charges65€29,889€75,348▲
Profit (loss) for the period before taxes9903-€55,101€232,954▲
Profit (loss) for the period9904-€55,101€232,954▲
Profit (loss) for the period to be appropriated9905-€55,101€232,954▲
Appropriation of the result
Profit (loss) to be appropriated9906--€200,532
Profit (loss) brought forward from the previous period14P--€433,487

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Turnover70-€382,853€195,106--
Remuneration, social security and pensions62---€39,993-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,162€39,286€37,666€2,186▼ 94.2%
Other operating charges640/8---€32,667-
Non-recurring operating charges66A---€1,942-
Gross operating margin9900€154,553€143,139€98,744€382,307▲ 287%
Operating profit (loss)9901-€34,932-€59,687-€30,269€305,519▲ 1,109%
Financial income75/76B---€2,784-
Recurring financial income75€7,692€3,793€5,057€2,784▼ 45.0%
Financial charges65/66B---€75,348-
Recurring financial charges65€7,538€39,537€29,889€75,348▲ 152%
Profit (loss) for the period before taxes9903-€34,778-€95,431-€55,101€232,954▲ 523%
Income taxes67/77-€689----
Profit (loss) for the period9904-€34,088-€95,431-€55,101€232,954▲ 523%
Profit (loss) for the period to be appropriated9905-€34,088-€95,431-€55,101€232,954▲ 523%
Line2018201920202021Change
Assets
Total assets20/58€598,262€502,299€522,623€121,922▼ 76.7%
Fixed assets21/28€501,078€473,361€438,573€26,248▼ 94.0%
Tangible fixed assets22/27€496,962€469,244€434,456€14,631▼ 96.6%
Furniture and vehicles24---€2,876-
Other tangible fixed assets26---€11,755-
Financial fixed assets28€4,117€4,117€4,117€11,617▲ 182%
Current assets29/58€97,184€28,938€84,050€95,674▲ 13.8%
Stocks and contracts in progress3€9,441€3,198€1,198€2,598▲ 117%
Stocks30/36---€2,598-
Amounts receivable within one year40/41€66,690€23,549€76,811€50,808▼ 33.9%
Trade receivables40---€2,479-
Other amounts receivable41---€48,328-
Cash at bank and in hand54/58€21,053€622€4,374€35,630▲ 715%
Deferred charges and accrued income490/1---€6,638-
Equity and liabilities
Total equity and liabilities10/49€598,262€502,299€522,623€121,922▼ 76.7%
Equity10/15€187,540€92,109€37,008-€75,932▼ 305%
Contributions10/11€124,600€124,600-€124,600-
Profit (loss) carried forward14-€282,955-€378,386-€433,487-€200,532▲ 53.7%
Amounts payable17/49€410,722€410,190€485,615€197,854▼ 59.3%
Amounts payable after more than one year17€273,321€286,739€255,656--
Amounts payable within one year42/48€137,401€123,451€229,959€197,854▼ 14.0%
Trade debts44€89,539€41,202€46,101€43,322▼ 6.0%
Suppliers440/4---€43,322-
Taxes, remuneration and social security45---€154,533-
Taxes450/3---€28,905-
Remuneration and social security454/9---€125,627-
Line2018201920202021Change
Profit (loss) for the period9904-€34,088-€95,431-€55,101€232,954▲ 523%
+ Depreciation and write-downs630€39,162€39,286€37,666€2,186▼ 94.2%
Operating cash flow (approximation)€5,074-€56,145-€17,435€235,141▲ 1,449%
Investment in fixed assets (approximation)--€11,569-€2,878€410,139▲ 14,351%
Change in cash--€20,431€3,752€31,257▲ 733%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2022
23-12
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 19-12-2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €232,954
Net result €232,954 after 3 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial Weakest financial yearnet -€95,431
Net result drops to -€95,431, the lowest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 17 days late
2015
29-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
13-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 13 days late
2013
22-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Charleroi · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
388 m²
Building footprint
160 m²
Volume, LiDAR
2,679 m³
2 parcels, Wallonia · tallest building 19.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MICHELANGELO
Boulevard de l'Yser 11, 6000 CharleroiNACE 1513103
since 19952.074.150.307
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52011B0240/00F093 Wallonia 213 m² 1 · 72 m² 17.0 m · 5 fl.
52011B0240/00H041indicative Wallonia 175 m² 1 · 88 m² 19.8 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JEAN-CHRISTOPHE ANDRE
RUE DU PARC 29, 6000 CHARLEROI- . Date provisoire de cessation de paiement : 19/12/2022
19-12-2022 → present

Similar companies · same sector, comparable size

Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. 9,644 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)
Founded25-08-1995
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.