Coffeeworks
ActiveThe computed 12-month bankruptcy probability of Coffeeworks is 1.8% (moderate). The 2025 annual accounts show equity of €71k and a net result of €22k. Equity is growing by ~31% per year across the filed fiscal years. Its solvency ranks better than 35% of 17987 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
71
/ 100
Healthy▲ +23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+12
Solvency24▲+7
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.94 in 2024), and 83.6% 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.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.4%
Return on assets
5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
30 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▲ 44.4%
2024 · €49k
2023: €41k
2024: €49k
2023 → 2025
Total assets
€433k▼ 1.0%
2024 · €437k
2023: €406k
2024: €437k
2023 → 2025
Net result
€22k▲ 153%
2024 · €9k
2023: €16k
2024: €9k
2023 → 2025
Working capital
€16k
2024 · €-13k
2023: €-18k
2024: €-13k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€41k-€49k▲ 21.3%€71k▲ 44.4%
Operating result€22k-€19k▼ 13.9%€34k▲ 82.5%
Net result€16k-€9k▼ 44.3%€22k▲ 153%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 82% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €433k
Fixed assets
€224k▼ 5.2%
Current assets
€209k▲ 4.1%
Equity and liabilities €433k
Equity
€71k▲ 44.4%
Debt
€362k▼ 6.8%
The debt ratio falls from 88.8% to 83.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€53k▲
2024 · €37k
Cash flow
€41k▲
2024 · €27k
Solvency
16.4%▲
2024 · 11.2%
Current ratio
1.08▲
2024 · 0.94
Quick ratio
0.91▲
2024 · 0.79
Debt / equity
5.10▼
2024 · 7.90
ROE
30.8%▲
2024 · 17.6%
ROA
5.0%▲
2024 · 2.0%
Interest coverage
7.22▲
2024 · 4.67
Debt
€362k▼
2024 · €388k
Debt ≤ 1 year
€193k▼
2024 · €214k
Debt > 1 year
€156k▼
2024 · €168k
Income taxes
€6k▲
2024 · €2k
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€437k€433k▼
Formation expenses20€700€467▼
Fixed assets21/28€236k€224k▼
Intangible fixed assets21€24k€21k▼
Tangible fixed assets22/27€212k€203k▼
Land and buildings22€182k€174k▼
Plant, machinery and equipment23€11k€15k▲
Furniture and vehicles24€20k€14k▼
Current assets29/58€201k€209k▲
Stocks and contracts in progress3€32k€34k▲
Stocks30/36€32k€34k▲
Amounts receivable within one year40/41€107k€126k▲
Trade receivables40€99k€123k▲
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€61k€47k▼
Deferred charges and accrued income490/1€402€2k▲
Equity and liabilities
Total equity and liabilities10/49€437k€433k▼
Equity10/15€49k€71k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€24k€46k▲
Amounts payable17/49€388k€362k▼
Amounts payable after more than one year17€168k€156k▼
Financial debts170/4€168k€156k▼
Amounts payable within one year42/48€214k€193k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€74k€60k▼
Suppliers440/4€74k€60k▼
Taxes, remuneration and social security45€14€8k▲
Taxes450/3€14€8k▲
Other amounts payable47/48€128k€112k▼
Accrued charges and deferred income492/3€7k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€280€390▲
Gross operating margin9900€37k€53k▲
Operating profit (loss)9901€19k€34k▲
Financial income75/76B€159€766▲
Recurring financial income75€159€766▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€11k€27k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€9k€22k▲
Profit (loss) for the period to be appropriated9905€9k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€46k▲
Profit (loss) brought forward from the previous period14P€16k€24k▲
The notes to these accounts (11 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2023net €22k ▲153%
Operating result €34k, net result €22k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €9k ▼44.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
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, Torhout · 1 establishment unit since 2022
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.
Industrielaan 33 L8820 TorhoutGround area
2,203 m²
Building footprint
176 m²
Volume, LiDAR
517 m³
2 parcels, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Coffeeworks
since 20222.339.550.423
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0506/00S000 | Flanders | 1,282 m² | - | - |
| 31022C0968/00B000 | Flanders | 921 m² | 1 · 176 m² | 5.2 m · 1 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.
Similar companies · same sector, comparable size
SOLAR TODAY BRUSSELS
BE 0801.054.308
Ukkel · Eq €71k
VAMIELEC
BE 0443.883.579
Koksijde · Eq €71k
QUANTUMLEAP
BE 0889.705.576
Ukkel · Eq €70k
ELEKTRO MARGO JOHAN
BE 0417.010.324
Menen · Eq €72k
Acelek
BE 0419.901.122
Tremelo · Eq €72k
Of 1,503 companies in sector 47540 we hold annual accounts for 801. 613 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2022
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
33140Repair and maintenance of electrical equipment
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.