KAFEI KORNER

Active

Private limited companyfounded 20224 yrs activeJoseph Stevensstraat 2-4, 1000 Brussel, BelgiumKBO/BCE: BE 0786.863.208

The computed 12-month bankruptcy probability of KAFEI KORNER is 10.3% (high). The 2024 annual accounts show equity of €37k and a net result of €18k. Its solvency ranks better than 50% of 18942 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A high bankruptcy probability caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability87▲+18

Solvency54▲+18

Growth78

Track record94

Bankruptcy probability, 12 months

10.3% High

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days only on tighter terms

Liquidity short (current ratio 0.63 against 0.73 in 2023; short-term debt: 54.7% and cash: 25.5% of total assets), and 71.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

28.9%

Return on assets

14.3%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

4 d late

2023

37 d early

← before the deadline after the deadline →

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 2024, micro schema

Equity

€37k▲ 112%

2023 · €18k

2023: €18k

2023 → 2024

Total assets

€129k▼ 20.2%

2023 · €162k

2023: €162k

2023 → 2024

Net result

€18k

2023 · €-292

2023: €-292

2023 → 2024

Working capital

€-26k▲ 15.8%

2023 · €-31k

2023: €-31k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€18k-€37k▲ 112%

Operating result€-480-€32k

Net result€-292-€18k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €32k after a loss of €480 in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €129k

65.3%

34.7%

Fixed assets €84k▲ 6.1%

Current assets €45k▼ 45.6%

Equity and liabilities €129k

28.9%

71.1%

Equity €37k▲ 112%

Debt €92k▼ 36.3%

The debt ratio falls from 89.1% to 71.1%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€48k▲

2023 · €28k

Cash flow

€35k▲

2023 · €28k

Solvency

28.9%▲

2023 · 10.9%

Current ratio

0.63▼

2023 · 0.73

Quick ratio

0.63▼

2023 · 0.73

Debt / equity

2.46▼

2023 · 8.19

ROE

49.4%▲

2023 · -1.7%

ROA

14.3%▲

2023 · -0.2%

Interest coverage

13.16▼

2023 · 24.49

Debt

€92k▼

2023 · €144k

Debt ≤ 1 year

€71k▼

2023 · €113k

Debt > 1 year

€21k▼

2023 · €31k

Income taxes

€10k▲

2023 · €780

Staff costs

€153k▼

2023 · €168k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€162k€129k▼

Fixed assets21/28€79k€84k▲

Tangible fixed assets22/27€79k€84k▲

Plant, machinery and equipment23€72k€61k▼

Furniture and vehicles24€3k€7k▲

Other tangible fixed assets26€4k€17k▲

Current assets29/58€82k€45k▼

Amounts receivable within one year40/41-€12k

Other amounts receivable41-€12k

Cash at bank and in hand54/58€82k€33k▼

Equity and liabilities

Total equity and liabilities10/49€162k€129k▼

Equity10/15€18k€37k▲

Contributions10/11€3k€3k=

Reserves13-€18k

Distributable reserves133-€18k

Profit (loss) carried forward14€-292€-292=

Investment grants15€15k€17k▲

Amounts payable17/49€144k€92k▼

Amounts payable after more than one year17€31k€21k▼

Financial debts170/4€31k€21k▼

Amounts payable within one year42/48€113k€71k▼

Current portion of amounts payable after more than one year42€10k€12k▲

Trade debts44€46k€31k▼

Suppliers440/4€46k€31k▼

Taxes, remuneration and social security45€9k€22k▲

Taxes450/3€2k€10k▲

Remuneration and social security454/9€7k€11k▲

Other amounts payable47/48€49k€6k▼

Income statement Code20232024

Remuneration, social security and pensions62€168k€153k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€16k▼

Other operating charges640/8€2k€2k▲

Gross operating margin9900€198k€203k▲

Operating profit (loss)9901€-480€32k▲

Financial income75/76B€2k-

Recurring financial income75€2k-

Financial charges65/66B€1k€4k▲

Recurring financial charges65€1k€4k▲

Profit (loss) for the period before taxes9903€488€28k▲

Income taxes67/77€780€10k▲

Profit (loss) for the period9904€-292€18k▲

Profit (loss) for the period to be appropriated9905€-292€18k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-292€18k▲

Profit (loss) brought forward from the previous period14P-€-292

Transfer to equity691/2-€18k

To other reserves6921-€18k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

2025

04-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 4 days late

2024

31-12

Financial Back to profitnet €18k

Net result €18k after one loss-making year.

24-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Brussel · 2 establishment units since 2022

establishment All 2 establishment units on the map

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.

Joseph Stevensstraat 2-41000 Brussel

Ground area

962 m²

Building footprint

954 m²

Volume, LiDAR

10,755 m³

2 parcels, Brussels · tallest building 26.3 m, ±7 floors. Linked by address, not a title deed.

2 establishment units

KAFEI CORNER

Joseph Stevensstraat 2-4, 1000 BrusselAgents in non-specialised wholesale trade

since 20222.334.584.221

KAFEI CORNER

Sint-Goriksplein 1, 1000 BrusselLimited-service restaurants, excluding mobile food services

since 20262.388.209.977

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21811M0938/02B000 ProtectedMonumentSint-Goriksmarkt	Brussels	887 m²	1 · 878 m²	15.5 m · 3 fl.
21808H1449/00D000	Brussels	75 m²	1 · 75 m²	26.3 m · 7 fl.