CAPPUCCINO WAREGEM
ActiveSummary
CAPPUCCINO WAREGEM has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €584k and a net result of €31k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-24
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.41 against 2.59 in 2023; short-term debt: 15.9% and cash: 48.7% of total assets), and 16.3% of the assets are financed with debt.
Credit advice 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.7%
Return on assets
4.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
41 d early
2022
25 d early
2021
30 d late
2020
6 d late
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€584k▼ 11.5%
2023 · €660k
2018: €214k
2019: €212k
2020: €213k
2021: €337k
2022: €462k
2023: €660k
2018 → 2024
Total assets
€698k▼ 18.3%
2023 · €854k
2018: €518k
2019: €458k
2020: €413k
2021: €878k
2022: €868k
2023: €854k
2018 → 2024
Net result
€31k▼ 84.6%
2023 · €198k
2018: €15k
2019: €-2k
2020: €1k
2021: €124k
2022: €125k
2023: €198k
2018 → 2024
Working capital
€269k▼ 9.0%
2023 · €295k
2018: €-132k
2019: €-128k
2020: €-95k
2021: €223k
2022: €-52k
2023: €295k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€213k-€337k▲ 58.4%€462k▲ 37.0%€660k▲ 43.0%€584k▼ 11.5%
Operating result€11k-€155k▲ 1,292%€170k▲ 9.5%€277k▲ 62.9%€41k▼ 85.1%
Net result€1k-€124k▲ 8,982%€125k▲ 0.4%€198k▲ 59.1%€31k▼ 84.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 85% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €698k
Fixed assets
€318k ▼ 14.8%
Current assets
€380k ▼ 20.9%
Equity and liabilities €698k
Equity
€584k ▼ 11.5%
Debt
€114k ▼ 41.3%
Debt's share of the balance-sheet total falls from 22.7% to 16.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€117k▼
2023 · €347k
Cash flow
€106k▼
2023 · €269k
Current ratio
3.41▲
2023 · 2.59
Quick ratio
3.19▲
2023 · 2.49
Debt to equity
0.19▼
2023 · 0.29
ROE
5.2%▼
2023 · 30.1%
ROA
4.4%▼
2023 · 23.2%
Interest coverage
13.89▼
2023 · 23.78
Debt ≤ 1 year
€111k▼
2023 · €185k
Income taxes
€2k▼
2023 · €64k
Staff costs
€371k▼
2023 · €424k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€854k€698k▼
Fixed assets21/28€373k€318k▼
Tangible fixed assets22/27€373k€318k▼
Land and buildings22€0-
Plant, machinery and equipment23€367k€312k▼
Furniture and vehicles24€7k€6k▼
Current assets29/58€481k€380k▼
Stocks and contracts in progress3€19k€25k▲
Stocks30/36€19k€25k▲
Amounts receivable within one year40/41€6k€8k▲
Trade receivables40€17€5k▲
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€442k€340k▼
Deferred charges and accrued income490/1€14k€6k▼
Equity and liabilities
Total equity and liabilities10/49€854k€698k▼
Equity10/15€660k€584k▼
Contributions10/11€102k€102k=
Reserves13€558k€482k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€558k€482k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€194k€114k▼
Amounts payable within one year42/48€185k€111k▼
Trade debts44€34k€24k▼
Suppliers440/4€34k€24k▼
Taxes, remuneration and social security45€60k€54k▼
Taxes450/3€17k€16k▼
Remuneration and social security454/9€43k€38k▼
Other amounts payable47/48€91k€33k▼
Accrued charges and deferred income492/3€8k€2k▼
Income statement
Code20232024
Non-recurring operating income76A€42k€9k▼
Remuneration, social security and pensions62€424k€371k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€76k▲
Other operating charges640/8€6k€6k▼
Gross operating margin9900€778k€494k▼
Operating profit (loss)9901€277k€41k▼
Financial income75/76B-€53
Recurring financial income75-€53
Financial charges65/66B€15k€8k▼
Recurring financial charges65€15k€8k▼
Profit (loss) for the period before taxes9903€262k€33k▼
Income taxes67/77€64k€2k▼
Profit (loss) for the period9904€198k€31k▼
Profit (loss) for the period to be appropriated9905€198k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€198k€31k▼
Transfer from equity791/2-€77k
Transfer to equity691/2€198k€639▼
To other reserves6921€198k€639▼
Profit to be distributed694/7-€107k
Return on contributions (dividend)694-€77k
Directors or managers695-€30k
Social balance
Average headcount (FTE)9087-10.6
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €198k ▲59.1%
Operating result €277k, net result €198k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.59
Current ratio from 0.81 to 2.59; short-term debt falls from €268k to €185k.
31-12
Financial
Equity above €500kEq €660k ▲43%
4 profitable years in a row build equity to €660k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 1.99
Current ratio from 0.52 to 1.99.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 6 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-2k ▼116%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
Show earlier events
10-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waregem · 2 establishment units since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Markt 48790 WaregemGround area
8,328 m²
Building footprint
2,879 m²
Volume, LiDAR
25,349 m³
2 parcels, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
CAPPUCCINO I
since 19962.075.143.962
CAPPUCCINO II
since 19962.075.144.061
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1052/00R000 | Flanders | 6,374 m² | 1 · 959 m² | 8.1 m · 1 fl. |
| 34040C1033/00N000 | Flanders | 1,953 m² | 1 · 1,921 m² | 14.5 m · 4 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesWaregem2.075.143.962
Waregem2.075.144.061
Similar companies · same sector, comparable size
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E&M GROUP
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PICO & Co
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nICE! CREAM CONSULTING
BE 0734.612.078
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Wok Sint-Martens-Latem
BE 0822.579.301
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 4,036 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-1996
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.