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Coffee Time

Active
Private limited company· 17 yrs active
Open bankruptcy
KBO/BCE: BE 0811.717.180
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Age17 yrs
Real estate3 parcels · 1,885 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for Coffee Time according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €12k and a net result of €11k.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

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Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
23-02-2024
Bankruptcy Opening
Date: 19-02-2024 · Tribunal de l’entreprise francophone de Bruxelles · COFFEE TIME SRL CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Trust signals

1 signal
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€11k
Working capital€-34k
Directors1

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 02-10-2022 with the NBB · fiscal year 2021 · micro
€-40k€-20k€0€20kOperating result 2018: €-8k€-8kNet result 2018: €-33k€-33kOperating result 2019: €16k€16kNet result 2019: €-17k€-17kOperating result 2020: €338€338Net result 2020: €-18k€-18kOperating result 2021: €12k€12kNet result 2021: €11k€11k2018201920202021
Operating resultNet result
EBITDA
€15k
- 18-21
Net profit
€11k
- 18-21
Cash flow
€14k
- 18-21
Total assets
€68k
+1689.7% 18-21
Equity
€12k
+757.2% 18-21
Working capital
€-34k
- 18-21
Staff costs
€6k
- 18-21
Income taxes
€1k
+1424.0% 18-21
Debt
€56k
+2251.0% 18-21
Debt ≤ 1y
€56k
+2251.0% 18-21
Current ratio
0.39
-75.6% 18-21
Quick ratio
0.39
-75.6% 18-21
Solvency
18.0%
-52.1% 18-21
Debt / equity
4.56
- 18-21
ROE
88.3%
- 18-21
ROA
15.9%
- 18-21
Interest coverage
44.58
- 18-21
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA€15k
Net profit€11k
Cash flow€14k
Staff costs€6k
Income taxes€1k
Dividends-
Total assets€68k
Equity€12k
Debt€56k
of which ≤ 1y€56k
of which > 1y-
Working capital€-34k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.39
Quick ratio0.39
Working capital ratio-49.9%
Solvency18.0%
Debt / equity4.56
Long-term debt ratio-
Interest coverage44.58
Gross margin-
Net margin-
ROA15.9%
ROE88.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€68k
Fixed assets 21/28€46k
Tangible fixed assets 22/27€46k
Current assets 29/58€22k
Amounts receivable within one year 40/41€22k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€68k
Equity 10/15€12k
Contributions / capital 10/11€19k
Reserves 13€11k
Accumulated profits (losses) 14€-18k
Amounts payable 17/49€56k
Amounts payable within one year 42/48€56k
Income statement
Gross operating margin 9900€22k
Operating result 9901€12k
Financial income 75€0
Financial charges 65€340
Result before taxes 9903€12k
Income taxes 67/77€1k
Net result for the period 9904€11k
Result to be appropriated 9905€11k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
0 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

indexing
No directors on record yet

Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator FRANCOISE HANSSENS-ENSCH
AVENUE LOUISE 349 BTE 17, 1050 FR BRUXELLES 5
 19-02-2024 → present Belgian State Gazette

Legal Structure

NACE primary -
Legal form Private limited company(610)
Incorporation14-05-2009
StatusActive
Postal code-
First BS signal 23-02-2024
Latest BS signal 23-02-2024

Structure & network

Company structure: linked entities

1 linked entity
Coffee TimeBE 0811.717.180FRANCOISE HANSSENS-EN…Receiver
Mandates

Locations & real estate

Establishment units

2 locations
LE RICHELIEU
Rue de la Tombelle 2, 6200 ChâteletCafés en bars
since 20092.178.732.440
Le Coyote
Cafés en bars
since 20222.336.877.874
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area1,885 m²
Buildings3
Building footprint1,315 m²
Volume (LiDAR)8,286 m³
Tallest building15.9 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (66.7%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
21614E0126/00A002 Brussels 1,616 m² 1 · 1,089 m² 12.7 m · 2 fl.
52012A0557/00D000 Wallonia 135 m² 1 · 98 m² -
52012A0245/00B000 Wallonia 134 m² 1 · 127 m² 15.9 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
23-02-2024
Bankruptcy Opening
Date: 19-02-2024 · Tribunal de l’entreprise francophone de Bruxelles · COFFEE TIME SRL CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-02-23 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
Address history · 1
06-09-2023
Registered-office move
All acts · 1 updated 2 years ago
2023
06-09-2023 Registered office moved from Chatelet to Uccle Registered-office change
  • Rue de la Tombelle 2 à 6200 Chatelet → 1180 Uccle, Chaussée d'Alsemberg 842

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency12Growth78Stability0
38 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 12
Growth 78
Stability 0

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR Coffee Time
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.