Checked.be
Active
BE 0867.113.781Private limited company (pre-2019)
CAFTI
Leopold II-laan 216 ·1081 Koekelberg, Belgium· 21 yrs active
Sector: Cafés and bars
(56301)
Conclusion
The computed 12-month bankruptcy probability of CAFTI is 3.3% (moderate). The 2024 annual accounts show equity of €11k and a net result of €-432. Equity is shrinking by ~29.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 78% of 18938 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €11k |
| Net result | €-432 |
| Better than sector | 78% |
| Active | 21 yrs |
Financial profile
61
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
78
Profitability
0
Solvency
94
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2004, 22 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
78
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€1k
estimate, not credit advice
Score history
93
2021
27
2022
52
2023
78
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.77 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.77 (≥ 1.0)
+5
Leverage
Debt/equity 0.59 (< 1.0)
+10
Profitability
Negatieve ROE -4%
-10
Interest coverage
Interest coverage 5.3× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 18-11-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~99% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 62.9% | 29.1% | |
| Net result | €-432 | €5k | |
| Equity | €11k | €27k | |
| Gross operating margin | €2k | €60k | |
| Total assets | €18k | €111k |
€372
-
21-24
€-432
+95.3%
21-24
€302
-
21-24
€18k
+40.8%
21-24
€11k
-3.8%
21-24
€5k
+6.4%
21-24
€7k
+559.5%
21-24
€7k
+559.5%
21-24
1.77
-69.3%
21-24
1.77
-69.3%
21-24
62.9%
-31.6%
21-24
0.59
+585.3%
21-24
-3.9%
+95.1%
21-24
-2.5%
+96.7%
21-24
5.33
-
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €372 | €-8k | €-3k | €14k |
| Net profit | €-432 | €-9k | €-4k | €14k |
| Cash flow | €302 | €-9k | €-3k | €14k |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | €18k | €12k | €21k | €25k |
| Equity | €11k | €12k | €21k | €25k |
| Debt | €7k | €989 | - | €595 |
| of which ≤ 1y | €7k | €989 | - | €595 |
| of which > 1y | - | - | - | - |
| Working capital | €5k | €5k | - | €23k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.77 | 5.77 | - | 39.19 |
| Quick ratio | 1.77 | 5.77 | - | 39.19 |
| Working capital ratio | 28.5% | 37.7% | - | 89.4% |
| Solvency | 62.9% | 92.1% | 100.0% | 97.7% |
| Debt / equity | 0.59 | 0.09 | - | 0.02 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 5.33 | -188.77 | -74.56 | 314.79 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -2.5% | -73.5% | -20.0% | 53.9% |
| ROE | -3.9% | -79.8% | -20.0% | 55.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | 14d |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €18k | €12k | €21k | €25k |
| Fixed assets | 21/28 | €6k | €7k | €1k | €2k |
| Tangible fixed assets | 22/27 | - | €734 | €1k | €2k |
| Financial fixed assets | 28 | €6k | €6k | - | - |
| Current assets | 29/58 | €12k | €6k | €19k | €23k |
| Amounts receivable within one year | 40/41 | €6k | €980 | €3k | €2k |
| Cash & bank | 54/58 | €6k | €5k | €17k | €21k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €18k | €12k | €21k | €25k |
| Equity | 10/15 | €11k | €12k | €21k | €25k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Accumulated profits (losses) | 14 | €-8k | €-7k | €2k | €6k |
| Amounts payable | 17/49 | €7k | €989 | - | €595 |
| Amounts payable within one year | 42/48 | €7k | €989 | - | €595 |
| Trade debts payable within one year | 44 | €6k | €989 | - | €195 |
| Income statement | |||||
| Gross operating margin | 9900 | €2k | €-8k | €-3k | €14k |
| Operating result | 9901 | €-362 | €-9k | €-4k | €14k |
| Financial charges | 65 | €70 | €45 | €45 | €45 |
| Result before taxes | 9903 | €-432 | €-9k | €-4k | €14k |
| Net result for the period | 9904 | €-432 | €-9k | €-4k | €14k |
| Result to be appropriated | 9905 | €-432 | €-9k | €-4k | €14k |
Directors & mandates
Current directors & mandates
-
FRANCOIS Jean-Philippe FranciscusDirectorState Gazette act 23135446 (24-10-2023)Current24-10-2023 → present
Former directors (1)
-
DA CUNHA LOPES ThierryDirectorState Gazette act 23135446 (24-10-2023)Former- → 24-10-2023
Legal Structure
| NACE primary | Cafés and bars(56301) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 07-09-2004 |
| Status | Active |
| Postal code | 1081 |
Establishment units
CAFTI
since 20042.139.455.061
Real-estate footprint
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0015/00K003 | Brussels | 130 m² | 1 · 132 m² | 12.1 m · 3 fl. |
| 21492B0455/00A000 | Brussels | 62 m² | 1 · 63 m² | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 110 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
24-10
State Gazette act
Director changes
v3.2
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2023
24-10-2023 1 director appointed, 1 resigning
- FRANCOIS Jean-Philippe Franciscus, Bestuurder
- DA CUNHA LOPES Thierry, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "DA CUNHA LOPES Thierry",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "FRANCOIS Jean-Philippe Franciscus",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0867.113.781",
"name_full": "CAFTI"
}
}Credit advice
Company registry (CBE)
Activities
55302Cafés and bars56301Limited-service restaurants56102Limited-service restaurants, excluding mobile food services56112Gambling and betting activities92000
Names & trade names
| Legal nameFR | CAFTI |
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