Chef Farini
ActiveThe computed 12-month bankruptcy probability of Chef Farini is 4.0% (moderate). The 2025 annual accounts show equity of €54k and a net result of €-10k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 13270 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-35
Solvency73▲+8
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.66 in 2024; short-term debt: 52.1% and cash: 73.9% of total assets), but 52.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
47.9%
Return on assets
-8.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
11 d early
2024
354 d late
2023
10 d early
2022
31 d late
2021
27 d late
2020
82 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€471k▲ 30.6%
2023 · €361k
2021: €193k
2022: €271k
2023: €361k
2021 → 2024
EBIT margin
14.7%▲ 7.9pp
2023 · 6.8%
2021: 13.7%
2022: 3.9%
2023: 6.8%
2021 → 2024
Net result
€-10k
2024 · €63k
2020: €3k
2021: €27k
2022: €5k
2023: €21k
2024: €63k
2020 → 2025
Working capital
€53k▼ 14.6%
2024 · €62k
2020: €4k
2021: €32k
2022: €36k
2023: €59k
2024: €62k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€193k-€271k▲ 40.1%€361k▲ 33.1%€471k▲ 30.6%
Equity€34k-€40k▲ 15.1%€61k▲ 54.2%€64k▲ 4.3%€54k▼ 15.3%
Operating result€26k-€11k▼ 59.5%€24k▲ 128%€69k▲ 184%€10k▼ 84.9%
Net result€27k-€5k▼ 80.6%€21k▲ 312%€63k▲ 191%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€989▼ 39.8%
Current assets
€112k▼ 28.8%
Equity and liabilities €113k
Equity
€54k▼ 15.3%
Debt
€59k▼ 38.1%
The debt ratio falls from 59.8% to 52.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11k▼
2024 · €70k
Cash flow
€-9k▼
2024 · €64k
Solvency
47.9%▲
2024 · 40.2%
Current ratio
1.90▲
2024 · 1.66
Quick ratio
1.51▲
2024 · 1.43
Debt / equity
1.09▼
2024 · 1.49
ROE
-18.0%▼
2024 · 98.2%
ROA
-8.6%▼
2024 · 39.5%
Interest coverage
10.33▼
2024 · 401.59
Debt
€59k▼
2024 · €95k
Debt ≤ 1 year
€59k▼
2024 · €95k
Income taxes
€19k▲
2024 · €6k
Staff costs
€87k▲
2024 · €75k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€159k€113k▼
Fixed assets21/28€2k€989▼
Tangible fixed assets22/27€2k€989▼
Plant, machinery and equipment23€2k€989▼
Current assets29/58€157k€112k▼
Stocks and contracts in progress3€21k€23k▲
Stocks30/36€21k€23k▲
Amounts receivable within one year40/41€1k€4k▲
Trade receivables40€500€3k▲
Other amounts receivable41€604€2k▲
Cash at bank and in hand54/58€134k€83k▼
Deferred charges and accrued income490/1€475€742▲
Equity and liabilities
Total equity and liabilities10/49€159k€113k▼
Equity10/15€64k€54k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€59k€49k▼
Amounts payable17/49€95k€59k▼
Amounts payable within one year42/48€95k€59k▼
Trade debts44€16k€39k▲
Suppliers440/4€16k€39k▲
Taxes, remuneration and social security45€13k€13k▲
Taxes450/3€2k-
Remuneration and social security454/9€11k€13k▲
Other amounts payable47/48€66k€6k▼
Income statement
Code20242025
Turnover70€471k-
Goods, raw materials, services and sundry goods60/61€321k-
Remuneration, social security and pensions62€75k€87k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€980€654▼
Other operating charges640/8€5k€1k▼
Gross operating margin9900€150k€100k▼
Operating profit (loss)9901€69k€10k▼
Financial income75/76B€63€320▲
Recurring financial income75€4€320▲
Non-recurring financial income76B€60-
Financial charges65/66B€175€1k▲
Recurring financial charges65€175€1k▲
Profit (loss) for the period before taxes9903€69k€10k▼
Income taxes67/77€6k€19k▲
Profit (loss) for the period9904€63k€-10k▼
Profit (loss) for the period to be appropriated9905€63k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€119k€49k▼
Profit (loss) brought forward from the previous period14P€56k€59k▲
Profit to be distributed694/7€60k-
Return on contributions (dividend)694€60k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 354 days late
2025
31-12
Financial
Weakest financial yearnet €-10k ▼116%
Net result drops to €-10k, the lowest in the series.
2024
31-12
Financial
Highest result since 2020net €63k ▲191%
Operating result €69k, net result €63k, both a record.
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2020
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.
Sint-Bernardsesteenweg 3382020 AntwerpenGround area
223 m²
Building footprint
223 m²
Volume, LiDAR
2,251 m³
Parcel 11809I2498/00F012, Flanders · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Chef Farini
since 20202.303.581.833
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2498/00F012 | Flanders | 223 m² | 1 · 223 m² | 17.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.303.581.833
Similar companies · same sector, comparable size
QUANTUM HOUSE
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FRITAPAPA NAMUR
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BE 0632.926.087
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EUROPIZZA
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KIARENA
BE 0707.621.235
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,364 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2020
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
10712Artisanal bread and fresh pastry making
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.