COFFICE
ActiveSummary
The computed 12-month bankruptcy probability of COFFICE is 1.6% (moderate). The 2025 annual accounts show equity of €131k and a net result of €171k. Equity is growing by ~67.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 3705 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+7
Solvency41▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.65 in 2024; short-term debt: 59.4% and cash: 16.8% of total assets), and 83.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
21.4%
Age of the figures
9 mo
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
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 23-07-2026, 8 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
8 d early
2024
38 d early
2023
63 d early
2022
32 d early
2021
60 d early
2020
51 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€131k▼ 65.9%
2024 · €386k
2019: €-72klowest in 7 years
2020: €-21k▲ +70.3% vs 2019
2021: €113k▲ +633% vs 2020
2022: €198k▲ +74.8% vs 2021
2023: €283k▲ +43.1% vs 2022
2024: €386k▲ +36.2% vs 2023highest in 7 years
2025: €131k▼ -65.9% vs 2024
2019 → 2025
Total assets
€801k▼ 17.7%
2024 · €974k
2019: €315k
2020: €258k▼ -17.9% vs 2019lowest in 7 years
2021: €464k▲ +79.6% vs 2020
2022: €656k▲ +41.4% vs 2021
2023: €893k▲ +36.1% vs 2022
2024: €974k▲ +9.1% vs 2023highest in 7 years
2025: €801k▼ -17.7% vs 2024
2019 → 2025
Net result
€171k▲ 12.5%
2024 · €152k
2019: €-122klowest in 7 years
2020: €50k▲ +141% vs 2019
2021: €135k▲ +167% vs 2020
2022: €85k▼ -37.0% vs 2021
2023: €85k▲ +0.7% vs 2022
2024: €152k▲ +78.7% vs 2023
2025: €171k▲ +12.5% vs 2024highest in 7 years
2019 → 2025
Working capital
€-14k
2024 · €232k
2019: €-92klowest in 7 years
2020: €-36k▲ +61.2% vs 2019
2021: €117k▲ +426% vs 2020
2022: €125k▲ +6.9% vs 2021
2023: €96k▼ -23.4% vs 2022
2024: €232k▲ +142% vs 2023highest in 7 years
2025: €-14k▼ -106% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€198k▲ 74.8%€283k▲ 43.1%€386k▲ 36.2%€131k▼ 65.9%
2021: €113klowest in 5 years
2022: €198k▲ +74.8% vs 2021
2023: €283k▲ +43.1% vs 2022
2024: €386k▲ +36.2% vs 2023highest in 5 years
2025: €131k▼ -65.9% vs 2024
Operating result€144k-€106k▼ 26.2%€116k▲ 8.9%€217k▲ 87.0%€235k▲ 8.5%
2021: €144k
2022: €106k▼ -26.2% vs 2021lowest in 5 years
2023: €116k▲ +8.9% vs 2022
2024: €217k▲ +87.0% vs 2023
2025: €235k▲ +8.5% vs 2024highest in 5 years
Net result€135k-€85k▼ 37.0%€85k▲ 0.7%€152k▲ 78.7%€171k▲ 12.5%
2021: €135k
2022: €85k▼ -37.0% vs 2021lowest in 5 years
2023: €85k▲ +0.7% vs 2022
2024: €152k▲ +78.7% vs 2023
2025: €171k▲ +12.5% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €801k
Fixed assets
€339k ▼ 12.4%
Current assets
€462k ▼ 21.2%
Equity and liabilities €801k
Equity
€131k ▼ 65.9%
Debt
€670k ▲ 13.9%
Debt's share of the balance-sheet total rises from 60.4% to 83.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€312k▲
2024 · €295k
Cash flow
€249k▲
2024 · €231k
Current ratio
0.97▼
2024 · 1.65
Quick ratio
0.92▼
2024 · 1.59
Debt to equity
5.10▲
2024 · 1.52
ROE
130.4%▲
2024 · 39.5%
ROA
21.4%▲
2024 · 15.7%
Interest coverage
33.99▲
2024 · 30.39
Debt ≤ 1 year
€476k▲
2024 · €355k
Debt > 1 year
€194k▼
2024 · €233k
Income taxes
€61k▲
2024 · €57k
Staff costs
€732k▲
2024 · €593k
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€974k€801k▼
Fixed assets21/28€387k€339k▼
Tangible fixed assets22/27€379k€331k▼
Plant, machinery and equipment23€58k€63k▲
Furniture and vehicles24€3k€4k▲
Other tangible fixed assets26€319k€264k▼
Financial fixed assets28€8k€8k▲
Current assets29/58€587k€462k▼
Stocks and contracts in progress3€21k€23k▲
Stocks30/36€21k€23k▲
Amounts receivable within one year40/41€23k€43k▲
Trade receivables40€18k€38k▲
Other amounts receivable41€5k€5k▲
Current investments50/53€251k€256k▲
Cash at bank and in hand54/58€290k€135k▼
Deferred charges and accrued income490/1€1k€6k▲
Equity and liabilities
Total equity and liabilities10/49€974k€801k▼
Equity10/15€386k€131k▼
Contributions10/11€50k€50k=
Reserves13€336k€81k▼
Distributable reserves133€336k€81k▼
Amounts payable17/49€588k€670k▲
Amounts payable after more than one year17€233k€194k▼
Financial debts170/4€233k€194k▼
Amounts payable within one year42/48€355k€476k▲
Current portion of amounts payable after more than one year42€39k€40k▲
Trade debts44€135k€143k▲
Suppliers440/4€135k€143k▲
Taxes, remuneration and social security45€140k€173k▲
Taxes450/3€78k€69k▼
Remuneration and social security454/9€62k€104k▲
Other amounts payable47/48€41k€122k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€593k€732k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€77k▼
Other operating charges640/8€12k€7k▼
Gross operating margin9900€901k€1.05M▲
Operating profit (loss)9901€217k€235k▲
Financial income75/76B€2k€7k▲
Recurring financial income75€2k€7k▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€209k€233k▲
Income taxes67/77€57k€61k▲
Profit (loss) for the period9904€152k€171k▲
Profit (loss) for the period to be appropriated9905€152k€171k▲
Appropriation of the result
Profit (loss) to be appropriated9906€152k€171k▲
Transfer from equity791/2€50k€426k▲
Transfer to equity691/2€152k€171k▲
To other reserves6921€152k€171k▲
Profit to be distributed694/7€50k€426k▲
Return on contributions (dividend)694€50k€426k▲
Social balance
Average headcount (FTE)908717.218.8▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3k | - | - |
| Remuneration, social security and pensions62 | €216k | €426k | €522k | €593k | €732k | ▲ 23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42k | €44k | €75k | €79k | €77k | ▼ 1.9% |
| Other operating charges640/8 | €4k | €6k | €7k | €12k | €7k | ▼ 42.5% |
| Gross operating margin9900 | €406k | €583k | €720k | €901k | €1.05M | ▲ 16.7% |
| Operating profit (loss)9901 | €144k | €106k | €116k | €217k | €235k | ▲ 8.5% |
| Financial income75/76B | €0 | €0 | - | €2k | €7k | ▲ 247% |
| Recurring financial income75 | €0 | €0 | - | €2k | €7k | ▲ 247% |
| Financial charges65/66B | €6k | €4k | €10k | €10k | €9k | ▼ 5.4% |
| Recurring financial charges65 | €6k | €4k | €10k | €10k | €9k | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | €138k | €102k | €106k | €209k | €233k | ▲ 11.5% |
| Income taxes67/77 | €4k | €17k | €20k | €57k | €61k | ▲ 8.8% |
| Profit (loss) for the period9904 | €135k | €85k | €85k | €152k | €171k | ▲ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €135k | €85k | €85k | €152k | €171k | ▲ 12.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €464k | €656k | €893k | €974k | €801k | ▼ 17.7% |
| Fixed assets21/28 | €188k | €240k | €459k | €387k | €339k | ▼ 12.4% |
| Tangible fixed assets22/27 | €180k | €232k | €452k | €379k | €331k | ▼ 12.7% |
| Plant, machinery and equipment23 | €23k | €50k | €79k | €58k | €63k | ▲ 8.8% |
| Furniture and vehicles24 | €11k | €4k | €20k | €3k | €4k | ▲ 43.7% |
| Other tangible fixed assets26 | €146k | €178k | €353k | €319k | €264k | ▼ 17.1% |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €8k | ▲ 2.2% |
| Current assets29/58 | €276k | €416k | €433k | €587k | €462k | ▼ 21.2% |
| Stocks and contracts in progress3 | €10k | €12k | €18k | €21k | €23k | ▲ 6.0% |
| Stocks30/36 | €10k | €12k | €18k | €21k | €23k | ▲ 6.0% |
| Amounts receivable within one year40/41 | €8k | €43k | €36k | €23k | €43k | ▲ 86.5% |
| Trade receivables40 | €8k | €15k | €7k | €18k | €38k | ▲ 107% |
| Other amounts receivable41 | - | €27k | €29k | €5k | €5k | ▲ 8.1% |
| Current investments50/53 | - | - | - | €251k | €256k | ▲ 1.9% |
| Cash at bank and in hand54/58 | €259k | €358k | €380k | €290k | €135k | ▼ 53.6% |
| Deferred charges and accrued income490/1 | - | €3k | - | €1k | €6k | ▲ 484% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €464k | €656k | €893k | €974k | €801k | ▼ 17.7% |
| Equity10/15 | €113k | €198k | €283k | €386k | €131k | ▼ 65.9% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Reserves13 | €63k | €148k | €233k | €336k | €81k | ▼ 75.7% |
| Distributable reserves133 | €63k | €148k | €233k | €336k | €81k | ▼ 75.7% |
| Amounts payable17/49 | €351k | €458k | €609k | €588k | €670k | ▲ 13.9% |
| Amounts payable after more than one year17 | €191k | €167k | €272k | €233k | €194k | ▼ 17.0% |
| Financial debts170/4 | €191k | €167k | €272k | €233k | €194k | ▼ 17.0% |
| Amounts payable within one year42/48 | €160k | €291k | €338k | €355k | €476k | ▲ 34.2% |
| Current portion of amounts payable after more than one year42 | €24k | €24k | €38k | €39k | €40k | ▲ 2.5% |
| Trade debts44 | €35k | €145k | €159k | €135k | €143k | ▲ 5.4% |
| Suppliers440/4 | €35k | €145k | €159k | €135k | €143k | ▲ 5.4% |
| Taxes, remuneration and social security45 | €61k | €83k | €99k | €140k | €173k | ▲ 23.6% |
| Taxes450/3 | €32k | €32k | €47k | €78k | €69k | ▼ 11.4% |
| Remuneration and social security454/9 | €28k | €52k | €52k | €62k | €104k | ▲ 67.3% |
| Other amounts payable47/48 | €40k | €39k | €42k | €41k | €122k | ▲ 194% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €135k | €85k | €85k | €152k | €171k | ▲ 12.5% |
| + Depreciation and write-downs630 | €42k | €44k | €75k | €79k | €77k | ▼ 1.9% |
| Operating cash flow (approximation) | €177k | €129k | €161k | €231k | €249k | ▲ 7.6% |
| Investment in fixed assets (approximation) | - | €-97k | €-295k | €-6k | €-29k | ▼ 362% |
| Change in cash | - | €99k | €21k | €-89k | €-155k | ▼ 73.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €171k ▲12.5%
Operating result €235k, net result €171k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €283k ▲43.1%
4 profitable years in a row build equity to €283k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150kEq €198k ▲74.8%
3 profitable years in a row build equity to €198k.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.73
Current ratio from 0.54 to 1.73.
31-12
Financial
Equity above €100kEq €113k
2 profitable years in a row build equity to €113k.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Mechelen · 1 establishment unit since 2018
Ground area
206 m²
Building footprint
153 m²
Volume, LiDAR
1,754 m³
Parcel 12025D0200/00C000, Flanders · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
COFFICE
since 20182.279.515.638
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025D0200/00C000 | Flanders | 206 m² | 1 · 153 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
1 siteMechelen2.279.515.638
Similar companies · same sector, comparable size
LE PAVILLON
BE 0440.926.465
Gistel · Eq €131,466
ERCA
BE 0453.048.002
Jabbeke · Eq €131,467
TAYBA M.I
BE 0633.871.541
Schaarbeek · Eq €131,471
VINVO
BE 0780.906.220
As · Eq €131,363
Key off live
BE 0738.489.209
Oostende · Eq €131,515
Of 21,861 companies in sector 56112 we hold annual accounts for 9,773. 7,457 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56120Mobile food service activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.