Equity
Caffenation goes Koco has made a profit without a break since 2023.
Caffenation goes Koco has made a profit without a break since 2023.
The micro format states no turnover.
In 2025, 226 short contracts started and 224 ended, on average 9 hours worked per contract. Staff averaged 1 full-time equivalent.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 73% of them on solvency, 82% on liquidity, 85% on profitability and 86% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as Caffenation goes Koco has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Caffenation goes Koco itself: 0.6% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Caffenation goes Koco. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.19 (1.79 in 2024), above the usual 1.5. Short-term debt is 43.6% and cash 77.3% of total assets. 43.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 26 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Caffenation goes Koco Antwerp | €64,623 | €63,003 | 56.4% | - |
| CDATL Liège | €65,882 | €71,077 | -32.0% | - |
| EETHUIS GROTE MARKT Izegem | €71,175 | €65,136 | 31.0% | - |
| 't Kwetterhof Begijnendijk | €56,312 | €62,602 | -8.8% | - |
| MOUYAL Ganshoren | €63,435 | €50,960 | 47.7% | - |
| RAILWAY Maasmechelen | €57,185 | €75,912 | 24.9% | - |
| L'Apierrot Linkebeek | €56,072 | €74,134 | 50.5% | - |
These companies have the same main activity as Caffenation goes Koco: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €56,100 and €71,200, founded between 2021 and 2022.
Caffenation goes Koco files the micro format. That format states no turnover. The gross margin rose from -€260 in 2022 to €63,003 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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