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KAFEEMANGEE

Inactive
KBO/BCE: BE 0476.829.432

KAFEEMANGEE was declared bankrupt on 06-07-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 25-09-2023, published in the Belgian State Gazette on 29-09-2023.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 30-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-12-2021 close30-07-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2020 was due by 30-07-2021 and was filed on 26-05-2021, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
65 d early
2019
38 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€5k▼ 80.1%
2019 · €26k
2018: €17k 2019: €26k
2018 → 2020
Total assets
€28k▼ 69.2%
2019 · €92k
2018: €92k 2019: €92k
2018 → 2020
Net result
€-21k
2019 · €9k
2018: €1k 2019: €9k
2018 → 2020
Working capital
€-516
2019 · €15k
2018: €6k 2019: €15k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€17k-€26k▲ 51.0%€5k▼ 80.1%
Operating result€11k-€14k▲ 33.8%€-20k
Net result€1k-€9k▲ 631%€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2018: €11k€11kNet result 2018: €1k€1kOperating result 2019: €14k€14kNet result 2019: €9k€9kOperating result 2020: €-20k€-20kNet result 2020: €-21k€-21k201820192020€-30k€-20k€-10k€0€10kOperating result 2018: €11k€11kNet result 2018: €1k€1.2kOperating result 2019: €14k€14kNet result 2019: €9k€8.8kOperating result 2020: €-20k€-20kNet result 2020: €-21k€-21k201820192020
The operating result turns negative in 2020: a loss of €20k after €14k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €28k
Fixed assets €6k ▼ 47.8%
Current assets €22k ▼ 72.1%
Equity and liabilities €28k
Equity €5k ▼ 80.1%
Debt €23k ▼ 64.9%
Debt's share of the balance-sheet total rises from 71.4% to 81.6%. Equity and debt are lower.
Key figures and ratios
2020 value · change against 2019
EBITDA
€-14k
2019 · €23k
Cash flow
€-16k
2019 · €17k
Current ratio
0.98
2019 · 1.23
Quick ratio
0.74
2019 · 1.08
ROE
-403.4%
2019 · 33.8%
ROA
-74.4%
2019 · 9.6%
Debt ≤ 1 year
€23k
2019 · €65k
Income taxes
€122
2019 · €3k
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 · 2020 against 2019 · 26 lines
Balance sheet Code20192020
Assets
Total assets20/58€92k€28k
Fixed assets21/28€11k€6k
Tangible fixed assets22/27€10k€4k
Financial fixed assets28€1k€1k
Current assets29/58€81k€22k
Stocks and contracts in progress3€10k€5k
Amounts receivable within one year40/41€51k€6k
Cash at bank and in hand54/58€14k€11k
Equity and liabilities
Total equity and liabilities10/49€92k€28k
Equity10/15€26k€5k
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€6k€-15k
Amounts payable17/49€65k€23k
Amounts payable after more than one year17€0-
Amounts payable within one year42/48€65k€23k
Trade debts44€37k€7k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€5k
Gross operating margin9900€200k€114k
Operating profit (loss)9901€14k€-20k
Recurring financial income75€134€132
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€12k€-21k
Income taxes67/77€3k€122
Profit (loss) for the period9904€9k€-21k
Profit (loss) for the period to be appropriated9905€9k€-21k

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Timeline · acts, filings and financial milestones

2023
29-09
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · KAFEE- MANGEE BV STATIONSSTRAAT 1, 2880 BORNEM · event 25-09-2023
2022
13-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · KAFEEMANGEE BV STATIONS- STRAAT 1, 2880 BORNEM · event 06-07-2022
2021
26-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-12
Financial Weakest financial yearnet €-21k ▼337%
Net result drops to €-21k, the lowest in the series.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-12
Financial Highest result since 2018net €9k ▲631%
Operating result €14k, net result €9k, both a record.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
02-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
25-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
13-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
27-06
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
08-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial 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
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ELKE VAN WEERDT
TEMSESTEENWEG 2, 2880 BORNEM
06-07-202225-09-2023

Recognitions · licences · registrations

Dual-learning approval

2 ended
Hulpkok (so)
ended · 2017 to 2022
Keukenmedewerker (so)
ended · 2017 to 2022