Craftails
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Craftails is 3.9% (moderate). The 2025 annual accounts show negative equity (-€267,338) and a net result of -€269,440. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 134 sector peers (NACE 11, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 25-08-2020 Normal situation
- Legal form
- Private limited company
- Registered office
- Anthonis De Jonghestraat 25, 9100 Sint-Niklaas
- Activity
- Manufacture of beverages NACE 11010
- Establishment units
- 2.332.013.424 9120 Beveren, since 07-06-2022
- 2.357.890.549 9100 Sint-Niklaas, since 08-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 17-11-2025
Who decides
- GOOD LIFE ADVENTURESDirector · since 26-04-2022 · permanent representative Carl Van Droogenbroeck
- ImbibeDirector · since 24-02-2025 · permanent representative Sofiane Vlaminck
- The ChaseDirector · since 24-02-2025 · permanent representative Naushad Rahamat
- Holdings
- Shares in 1 company Craftails Nederland
How it is doing
- Bankruptcy probabilitywithin 12 months
- 3.9%
- Gross margin
- €1.0m
- ▲ 21.9%
- Turnover
- ≈ €1.7m
- estimated
- Loss
- €269,440
- ▲ 139%
- Equity
- -€267,338
- Total assets
- €1.8m
- ▼ 10.3%
- Staff
- 13.9 FTE
- ▲ 27.5%
Why 46raises riskNegative equity -€267,338Loss of €269,440, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskSector: Manufacture of beverages (NACE 11)Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 11, small): better than 7% on solvency, 11% on liquidity, 10% on profitability and 3% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 5 accounts on average 18 days before the deadline; the sector median (NACE 11) for financial year 2024 is 2 days before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (29 days) Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00452404.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 29-08-2026
- Format
- abbreviated format
- Reference
- 2026-00452404
2021 to 2025, 5 financial years
The operating result stays negative: a loss of €176,221 in 2025 against €43,463 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 11, Manufacture of beverages: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2025 Net result -139% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Peer companies
Historical observationOf the 562 companies that looked in July 2024 the way this one looks now, 7.1% went bankrupt within 24 months and 86.8% are still going.
- Small
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 562 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0.001m | €0.001m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €0.03m | €0.1m | €0.5m | €0.7m | €0.9m | ▲ 25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.05m | €0.1m | €0.2m | €0.3m | ▲ 66.7% |
| Other operating charges640/8 | €0.002m | €0.007m | €0.009m | €0.01m | €0.04m | ▲ 275% |
| Gross operating margin9900 | €0.04m | €0.3m | €0.7m | €0.8m | €1.0m | ▲ 21.9% |
| Operating profit (loss)9901 | -€0.006m | €0.1m | €0.07m | -€0.04m | -€0.2m | ▼ 305% |
| Financial income75/76B | €69 | €212 | €19 | €0.001m | €0.001m | ▼ 40.5% |
| Recurring financial income75 | €69 | €212 | €19 | €0.001m | €0.001m | ▼ 40.5% |
| Financial charges65/66B | €0.005m | €0.03m | €0.03m | €0.07m | €0.09m | ▲ 32.5% |
| Recurring financial charges65 | €0.005m | €0.006m | €0.03m | €0.07m | €0.09m | ▲ 32.5% |
| Non-recurring financial charges66B | - | €0.02m | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.01m | €0.09m | €0.05m | -€0.1m | -€0.3m | ▼ 139% |
| Income taxes67/77 | €28 | - | €0.02m | €0.001m | €0.002m | ▲ 82.7% |
| Profit (loss) for the period9904 | -€0.01m | €0.09m | €0.02m | -€0.1m | -€0.3m | ▼ 139% |
| Profit (loss) for the period to be appropriated9905 | -€0.01m | €0.09m | €0.02m | -€0.1m | -€0.3m | ▼ 139% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.2m | €0.6m | €1.2m | €2.0m | €1.8m | ▼ 10.3% |
| Fixed assets21/28 | €0.1m | €0.3m | €0.6m | €1.2m | €1.0m | ▼ 14.6% |
| Intangible fixed assets21 | €0.01m | €0.01m | €0.009m | €0.01m | €0.007m | ▼ 40.6% |
| Tangible fixed assets22/27 | €0.09m | €0.3m | €0.6m | €1.2m | €1.0m | ▼ 14.5% |
| Plant, machinery and equipment23 | €0.05m | €0.08m | €0.09m | €0.2m | €0.2m | ▼ 29.1% |
| Furniture and vehicles24 | €0.03m | €0.05m | €0.1m | €0.09m | €0.05m | ▼ 48.7% |
| Leasing and similar rights25 | €0.01m | €0.1m | €0.2m | €0.4m | €0.4m | ▼ 0.3% |
| Other tangible fixed assets26 | - | €0.04m | €0.2m | €0.5m | €0.4m | ▼ 12.1% |
| Financial fixed assets28 | - | €0.009m | €0.01m | €0.007m | €0.008m | ▲ 13.4% |
| Current assets29/58 | €0.1m | €0.2m | €0.6m | €0.8m | €0.7m | ▼ 3.6% |
| Stocks and contracts in progress3 | €0.03m | €0.08m | €0.1m | €0.3m | €0.3m | ▼ 16.6% |
| Stocks30/36 | €0.03m | €0.08m | €0.1m | €0.3m | €0.3m | ▼ 16.6% |
| Amounts receivable within one year40/41 | €0.05m | €0.1m | €0.4m | €0.3m | €0.3m | ▼ 11.6% |
| Trade receivables40 | €0.04m | €0.08m | €0.3m | €0.3m | €0.2m | ▼ 11.0% |
| Other amounts receivable41 | €0.009m | €0.04m | €0.09m | €0.09m | €0.08m | ▼ 13.4% |
| Cash at bank and in hand54/58 | €0.01m | €0.03m | €0.02m | €0.08m | €0.1m | ▲ 35.4% |
| Deferred charges and accrued income490/1 | €0.003m | €0.006m | €0.01m | €0.02m | €0.06m | ▲ 166% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.2m | €0.6m | €1.2m | €2.0m | €1.8m | ▼ 10.3% |
| Equity10/15 | €0.007m | €0.09m | €0.1m | €0.002m | -€0.3m | - |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | - | €0.08m | €0.1m | €0 | - | - |
| Distributable reserves133 | - | €0.08m | €0.1m | €0 | - | - |
| Profit (loss) carried forward14 | -€0.01m | - | - | -€0.01m | -€0.3m | ▼ 1,939% |
| Amounts payable17/49 | €0.2m | €0.5m | €1.1m | €2.0m | €2.0m | ▲ 3.5% |
| Amounts payable after more than one year17 | €0.06m | €0.1m | €0.4m | €0.8m | €0.8m | ▼ 4.3% |
| Financial debts170/4 | €0.06m | €0.1m | €0.4m | €0.8m | €0.8m | ▼ 4.3% |
| Amounts payable within one year42/48 | €0.1m | €0.3m | €0.7m | €1.1m | €1.2m | ▲ 9.1% |
| Current portion of amounts payable after more than one year42 | €0.03m | €0.06m | €0.2m | €0.3m | €0.4m | ▲ 20.0% |
| Financial debts43 | €0.05m | €0.05m | €0.03m | €0.3m | €0.3m | ▲ 2.6% |
| Credit institutions430/8 | €0.05m | €0.05m | €0.03m | €0.3m | €0.3m | ▼ 3.4% |
| Other loans439 | - | - | - | - | €0.02m | - |
| Trade debts44 | €0.04m | €0.2m | €0.4m | €0.5m | €0.3m | ▼ 29.2% |
| Suppliers440/4 | €0.04m | €0.2m | €0.4m | €0.5m | €0.3m | ▼ 29.2% |
| Taxes, remuneration and social security45 | €0.01m | €0.04m | €0.1m | €0.1m | €0.3m | ▲ 167% |
| Taxes450/3 | €0.003m | €0.006m | €0.04m | €0.02m | €0.2m | ▲ 601% |
| Remuneration and social security454/9 | €0.01m | €0.03m | €0.08m | €0.08m | €0.1m | ▲ 29.6% |
| Other amounts payable47/48 | €0.001m | €0.001m | €429 | €0.001m | €418 | ▼ 17.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.002m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,441 | €85,626 | €23,644 | -€112,728 | -€269,440 | ▼ 139% |
| + Depreciation and write-downs630 | €15,496 | €45,027 | €117,923 | €151,490 | €252,487 | ▲ 66.7% |
| Operating cash flow (approximation) | €5,055 | €130,653 | €141,567 | €38,763 | -€16,953 | - |
| Investment in fixed assets (approximation) | - | -€279,167 | -€415,037 | -€712,647 | -€78,904 | ▲ 88.9% |
| Change in cash | - | €16,846 | -€12,550 | €62,978 | €28,699 | ▼ 54.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-08-2026 | 2026-00452404 | NBB |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00319511 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00310068 | |
| 31-12-2022 | micro format | 12-04-2023 | 2023-00057399 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20226822 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 to 2025 · 7 entries · €75,407 awarded · €75,399 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €18,324 | €42,996 |
| 2024 | 1 | €223 | €223 |
| 2023 | 2 | €56,860 | €32,180 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Permanent representatives 3
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GOOD LIFE ADVENTURES |
|
| Imbibe |
|
| The Chase |
|
| Naushad Rahamat |
|
| Sofiane Vlaminck |
|
| Yannick Draeyers |
|
Owners and capital
Owners
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- 1 more provision in the deed, see the deed of 29-07-2022
Articles of association, deed of 29-07-2022 (in Dutch)
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
- Craftails NederlandNLsubsidiarySourceown accounts 2022100%
Connections & network
3 current directorsThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
24-04
Gazette deed
Resignations: Naushad Rahamat, Sofiane Vlaminck and Yannick DraeyersAppointments: The Chase bv (director) and Imbibe bv (director) · Permanent representatives: Naushad Rahamat and Sofiane Vlaminck · Director discharge12 facts ▸
- General meeting, 24-02-2025
- Director resignation, Naushad Rahamat (director)
- Director resignation, Sofiane Vlaminck (director)
- Director discharge, Naushad Rahamat (director)
- Director discharge, Sofiane Vlaminck (director)
- Director appointment, The Chase bv (director)
- Director appointment, Imbibe bv (director)
- Permanent representative, Naushad Rahamat
- Permanent representative, Sofiane Vlaminck
- Other provision, “bevestiging geen beletsel mandaat” (deed in Dutch) (2 times)
- Director resignation, Yannick Draeyers (director)
- Registered-office move, Anthonis De Jonghestraat 25 B00002,9100 Sint-Niklaas
15-12
Gazette deed
Registered officeRegistered-office move3 facts ▸
- General meeting, 30-09-2022
- Registered-office move, Schaarbeekstraat 30 unit 15,9120 Beveren
- Other provision, “publicatiereferentie, *22148162*” (deed in Dutch)
29-07
Gazette deed
Appointment: GOOD LIFE ADVENTURES (bijkomend bestuurder)Permanent representative: Carl Van Droogenbroeck3 facts ▸
- General meeting, 26-04-2022
- Director appointment, GOOD LIFE ADVENTURES (bijkomend bestuurder)
- Permanent representative, Carl Van Droogenbroeck
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders.
Sites & property
2 establishment units
Buildings and parcels at the addresses
3 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46016F0474/00C000 | Flanders | 8,414 m² | 1 · 343 m² | 5.8 m |
| 46017A0910/00E000 | Flanders | 4,345 m² | 1 · 1,925 m² | 2.8 m |
| 46017A0906/00G000 | Flanders | 2,846 m² | 1 · 607 m² | 8.1 m · 2 |