IZY COFFEE
ActiveThe computed 12-month bankruptcy probability of IZY COFFEE is 9.6% (elevated). The annual accounts of IZY COFFEE for fiscal year 2025 show a net loss of 99% of the equity at the start of that year. The 2025 annual accounts show equity of €13k and a net result of €-855k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 22% of 3668 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
17
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-59
Solvency25▼-22
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
9.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 1.3 in 2024; short-term debt: 35.7% and cash: 1.6% of total assets), and 99.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 3668 sector peers (2025).
NBB · sector comparisonPosition among 3668 sector peers
Solvency
better than 22%
← weakest
strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
22 d early
2024
on the day
2023
on the day
2022
on the day
2021
38 d early
2020
30 d late
2019
68 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€13k▼ 98.5%
2024 · €868k
2019: €934
2020: €302k
2021: €317k
2022: €349k
2023: €418k
2024: €868k
2019 → 2025
Total assets
€4.29M▲ 10.4%
2024 · €3.89M
2019: €373k
2020: €732k
2021: €1.47M
2022: €1.57M
2023: €2.60M
2024: €3.89M
2019 → 2025
Net result
€-855k
2024 · €142k
2019: €-99k
2020: €1k
2021: €15k
2022: €32k
2023: €69k
2024: €142k
2019 → 2025
Working capital
€-44k
2024 · €351k
2019: €-117k
2020: €102k
2021: €135k
2022: €10k
2023: €256k
2024: €351k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€317k-€349k▲ 10.1%€418k▲ 19.7%€868k▲ 108%€13k▼ 98.5%
Operating result€43k-€57k▲ 31.7%€104k▲ 82.8%€283k▲ 173%€-685k
Net result€15k-€32k▲ 109%€69k▲ 114%€142k▲ 107%€-855k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €685k after €283k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.30M
Fixed assets
€1.81M▼ 2.6%
Current assets
€1.49M▼ 2.3%
Equity and liabilities €4.29M
Equity
€13k▼ 98.5%
Debt
€4.28M▲ 41.7%
The debt ratio rises from 77.7% to 99.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-195k▼
2024 · €612k
Cash flow
€-366k▼
2024 · €471k
Solvency
0.3%▼
2024 · 22.3%
Current ratio
0.97▼
2024 · 1.30
Quick ratio
0.39▼
2024 · 0.46
ROA
-19.9%▼
2024 · 3.7%
Interest coverage
-1.15▼
2024 · 4.23
Debt
€4.28M▲
2024 · €3.02M
Debt ≤ 1 year
€1.53M▲
2024 · €1.17M
Debt > 1 year
€2.75M▲
2024 · €1.84M
Income taxes
€338▲
2024 · €2
Staff costs
€1.67M▲
2024 · €1.25M
A ratio outside any meaningful range has been withheld (balance sheet total €4.29M, equity €13k).
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€3.89M€4.29M▲
Formation expenses20€505k€990k▲
Fixed assets21/28€1.86M€1.81M▼
Intangible fixed assets21€46k€40k▼
Tangible fixed assets22/27€1.80M€1.75M▼
Plant, machinery and equipment23€619k€600k▼
Furniture and vehicles24€10k€2k▼
Other tangible fixed assets26€1.17M€1.15M▼
Financial fixed assets28€16k€21k▲
Current assets29/58€1.52M€1.49M▼
Stocks and contracts in progress3€980k€885k▼
Stocks30/36€980k€885k▼
Amounts receivable within one year40/41€190k€375k▲
Trade receivables40€174k€375k▲
Other amounts receivable41€16k€0▼
Cash at bank and in hand54/58€213k€68k▼
Deferred charges and accrued income490/1€140k€160k▲
Equity and liabilities
Total equity and liabilities10/49€3.89M€4.29M▲
Equity10/15€868k€13k▼
Contributions10/11€708k€708k=
Reserves13€161k€0▼
Distributable reserves133€161k€0▼
Profit (loss) carried forward14-€-695k
Amounts payable17/49€3.02M€4.28M▲
Amounts payable after more than one year17€1.84M€2.75M▲
Financial debts170/4€1.84M€2.75M▲
Amounts payable within one year42/48€1.17M€1.53M▲
Current portion of amounts payable after more than one year42€516k€607k▲
Financial debts43€20k€23k▲
Credit institutions430/8€19k€23k▲
Other loans439€1k-
Trade debts44€506k€702k▲
Suppliers440/4€506k€702k▲
Advances received on contracts in progress46€15k€31k▲
Taxes, remuneration and social security45€80k€167k▲
Taxes450/3€511€32k▲
Remuneration and social security454/9€79k€135k▲
Other amounts payable47/48€34k€2k▼
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20242025
Non-recurring operating income76A€91k€18k▼
Remuneration, social security and pensions62€1.25M€1.67M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€329k€490k▲
Other operating charges640/8€21k€37k▲
Non-recurring operating charges66A€3k€30k▲
Gross operating margin9900€1.88M€1.54M▼
Operating profit (loss)9901€283k€-685k▼
Financial income75/76B€4k€123▼
Recurring financial income75€4k€123▼
Financial charges65/66B€145k€170k▲
Recurring financial charges65€145k€169k▲
Non-recurring financial charges66B-€560
Profit (loss) for the period before taxes9903€142k€-855k▼
Income taxes67/77€2€338▲
Profit (loss) for the period9904€142k€-855k▼
Profit (loss) for the period to be appropriated9905€142k€-855k▼
Appropriation of the result
Profit (loss) to be appropriated9906€142k€-855k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€161k
Transfer to equity691/2€142k€0▼
To other reserves6921€142k€0▼
Social balance
Average headcount (FTE)908724.631.3▲
The notes to these accounts (24 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-855k ▼701%
Net result drops to €-855k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €142k ▲107%
Operating result €283k, net result €142k, both a record.
31-12
Financial
Equity above €500kEq €868k ▲108%
5 profitable years in a row build equity to €868k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.56
Current ratio from 0.31 to 1.56.
31-12
Financial
Equity above €200kEq €302k ▲32244%
Equity rises from €934 to €302k.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Nazareth-De Pinte · 18 establishment units 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.
Steenweg Deinze 509810 Nazareth-De PinteGround area
23.3 ha
Building footprint
7.1 ha
Volume, LiDAR
493,533 m³
18 parcels, Brussels, Flanders · tallest building 25.4 m, ±7 floors. Linked by address, not a title deed.
18 establishment units
izy Coffee Roeselare
since 20202.308.554.171
Iizy Coffee Gent
since 20202.309.887.625
Izy Coffee Kortrijk
since 20212.311.255.919
Izy Coffee Knokke-Heist
since 20212.315.993.774
Izy Coffee Oostende
since 20212.317.248.539
IZY COFFEE ANTWERP
since 20212.323.272.338
Show 12 more locations
IZY COFFEE GENT LM
since 20212.324.056.058
Izy Coffee Mechelen
since 20222.337.915.675
Izy Coffee Brugge
since 20232.350.253.184
Izy Coffee Ieper
since 20232.350.748.379
Izy Coffee Brussel
since 20232.350.748.478
Izy Coffee Gent Dok-Noord
since 20232.350.748.577
Izy Coffee Gent Koestraat
since 20242.354.936.108
Izy Coffee Nazareth
since 20242.357.996.061
Izy Coffee Leuven Diestsestraat
since 20242.359.294.574
Izy Coffee Hasselt
since 20242.359.294.673
Izy Coffee Maasmechelen
since 20242.362.079.959
Izy Coffee Sint Niklaas
since 20252.381.197.273
18 parcels
Flanders
17
(94.4%)
Brussels
1
(5.6%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1155/00R000 | Flanders | 10.8 ha | 1 · 5.0 ha | 18.2 m · 2 fl. |
| 73013C0250/00C000 | Flanders | 9.9 ha | 1 · 1,647 m² | 15.0 m · 3 fl. |
| 44021A2735/00X002 | Flanders | 2.2 ha | 1 · 1.6 ha | 23.8 m |
| 44048H0275/00A004 | Flanders | 2,308 m² | 1 · 167 m² | 7.6 m · 2 fl. |
| 36504D1316/00L000 | Flanders | 732 m² | 1 · 741 m² | 18.9 m · 2 fl. |
| 21811M0815/00C003 | Brussels | 437 m² | 1 · 316 m² | 25.4 m · 7 fl. |
| 33011I0035/00M000 | Flanders | 229 m² | 1 · 177 m² | 16.4 m · 1 fl. |
| 44802B1731/00C000 | Flanders | 182 m² | 1 · 143 m² | 16.2 m · 5 fl. |
| 12025D0040/00D000 | Flanders | 168 m² | 1 · 168 m² | 14.0 m · 4 fl. |
| 31013A0771/00A000 | Flanders | 162 m² | 1 · 102 m² | 21.6 m · 7 fl. |
| 71022H0855/00C000 | Flanders | 152 m² | 1 · 152 m² | 17.6 m · 5 fl. |
| 11803C1655/00A000 | Flanders | 134 m² | 1 · 134 m² | 22.3 m · 7 fl. |
| 44805E1725/00V000 | Flanders | 110 m² | 1 · 110 m² | 17.1 m · 4 fl. |
| 24502B0232/00D000 | Flanders | 107 m² | 1 · 107 m² | 16.6 m · 5 fl. |
| 34353H0349/00A000 | Flanders | 96 m² | 1 · 96 m² | 14.5 m · 4 fl. |
| 35013A0135/00B000 | Flanders | 87 m² | 1 · 87 m² | 18.7 m · 3 fl. |
| 31804D0568/00A000 | Flanders | 70 m² | 1 · 47 m² | 18.0 m · 4 fl. |
| 44803C0680/00A000 | Flanders | 60 m² | 1 · 60 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 17
18 of 18 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 5,465 EUR awarded · 5,465 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,155 EUR | 1,155 EUR |
| 2023 | 1 | 2,310 EUR | 2,310 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
15 sitesKortrijk2.311.255.919
Sint-Niklaas2.381.197.273
Antwerpen2.323.272.338
Brugge2.350.253.184
Show 11 more sites
Brussel2.350.748.478
Gent2.324.056.058
Gent2.350.748.577
Ieper2.350.748.379
Knokke-Heist2.315.993.774
Leuven2.359.294.574
Maasmechelen2.362.079.959
Mechelen2.337.915.675
Nazareth-De Pinte2.357.996.061
Oostende2.317.248.539
Roeselare2.308.554.171
Legal Entity Identifier
699400WFKUWNV6UJ9U73
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Of 619 companies in sector 56309 we hold annual accounts for 118. 83 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2018
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56309Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:bart@izycoffee.be