KAFFA COFFEE
ActiveSummary
The computed 12-month bankruptcy probability of KAFFA COFFEE is 3.5% (moderate). The 2025 annual accounts show equity of €78k and a net result of €9k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 13417 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-34
Solvency89▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.83 in 2024; short-term debt: 36% and cash: 60.6% of total assets), and 36% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
64%
Return on assets
7.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
33 d early
2023
33 d early
2022
30 d early
2021
30 d early
2020
30 d early
2019
34 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▲ 9.4%
2024 · €71k
2018: €26klowest in 8 years
2019: €28k▲ +8.3% vs 2018
2020: €34k▲ +20.3% vs 2019
2021: €53k▲ +58.0% vs 2020
2022: €45k▼ -14.9% vs 2021
2023: €46k▲ +2.9% vs 2022
2024: €71k▲ +53.7% vs 2023
2025: €78k▲ +9.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€122k▲ 3.0%
2024 · €118k
2018: €144khighest in 8 years
2019: €121k▼ -16.0% vs 2018
2020: €113k▼ -6.8% vs 2019
2021: €142k▲ +25.5% vs 2020
2022: €113k▼ -20.0% vs 2021
2023: €104k▼ -8.4% vs 2022lowest in 8 years
2024: €118k▲ +14.0% vs 2023
2025: €122k▲ +3.0% vs 2024
2018 → 2025
Net result
€9k▼ 66.3%
2024 · €27k
2018: €4k
2019: €7k▲ +62.5% vs 2018
2020: €11k▲ +47.8% vs 2019
2021: €23k▲ +113% vs 2020
2022: €-5k▼ -123% vs 2021lowest in 8 years
2023: €4k▲ +174% vs 2022
2024: €27k▲ +606% vs 2023highest in 8 years
2025: €9k▼ -66.3% vs 2024
2018 → 2025
Working capital
€54k▲ 39.2%
2024 · €39k
2018: €-33k
2019: €-37k▼ -13.4% vs 2018lowest in 8 years
2020: €-25k▲ +32.9% vs 2019
2021: €-2k▲ +92.4% vs 2020
2022: €-10k▼ -432% vs 2021
2023: €-1k▲ +86.5% vs 2022
2024: €39k▲ +2957% vs 2023
2025: €54k▲ +39.2% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€45k▼ 14.9%€46k▲ 2.9%€71k▲ 53.7%€78k▲ 9.4%
2021: €53k
2022: €45k▼ -14.9% vs 2021lowest in 5 years
2023: €46k▲ +2.9% vs 2022
2024: €71k▲ +53.7% vs 2023
2025: €78k▲ +9.4% vs 2024highest in 5 years
Operating result€24k-€-660€9k€32k▲ 261%€13k▼ 58.5%
2021: €24k
2022: €-660▼ -103% vs 2021lowest in 5 years
2023: €9k▲ +1457% vs 2022
2024: €32k▲ +261% vs 2023highest in 5 years
2025: €13k▼ -58.5% vs 2024
Net result€23k-€-5k€4k€27k▲ 606%€9k▼ 66.3%
2021: €23k
2022: €-5k▼ -123% vs 2021lowest in 5 years
2023: €4k▲ +174% vs 2022
2024: €27k▲ +606% vs 2023highest in 5 years
2025: €9k▼ -66.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€24k ▼ 26.4%
Current assets
€98k ▲ 14.0%
Equity and liabilities €122k
Equity
€78k ▲ 9.4%
Debt
€44k ▼ 6.7%
Debt's share of the balance-sheet total falls from 39.8% to 36.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▼
2024 · €49k
Cash flow
€26k▼
2024 · €44k
Current ratio
2.23▲
2024 · 1.83
Quick ratio
2.03▲
2024 · 1.57
Debt to equity
0.56▼
2024 · 0.66
ROE
11.9%▼
2024 · 38.6%
ROA
7.6%▼
2024 · 23.2%
Interest coverage
4.24▼
2024 · 6.44
Debt ≤ 1 year
€44k▼
2024 · €47k
Staff costs
€172k▲
2024 · €167k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€118k€122k▲
Fixed assets21/28€32k€24k▼
Tangible fixed assets22/27€32k€24k▼
Plant, machinery and equipment23€30k€21k▼
Furniture and vehicles24€2k€3k▲
Current assets29/58€86k€98k▲
Stocks and contracts in progress3€12k€9k▼
Stocks30/36€12k€9k▼
Amounts receivable within one year40/41€12k€11k▼
Trade receivables40€4k€6k▲
Other amounts receivable41€8k€5k▼
Cash at bank and in hand54/58€60k€74k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€118k€122k▲
Equity10/15€71k€78k▲
Contributions10/11€50k€50k=
Reserves13€17k€26k▲
Distributable reserves133€17k€26k▲
Investment grants15€4k€1k▼
Amounts payable17/49€47k€44k▼
Amounts payable within one year42/48€47k€44k▼
Trade debts44€12k€14k▲
Suppliers440/4€12k€14k▲
Taxes, remuneration and social security45€13k€14k▲
Taxes450/3€491€357▼
Remuneration and social security454/9€13k€14k▲
Other amounts payable47/48€21k€16k▼
Income statement
Code20242025
Remuneration, social security and pensions62€167k€172k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€216k€204k▼
Operating profit (loss)9901€32k€13k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Non-recurring financial income76B€57€42▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€27k€9k▼
Profit (loss) for the period9904€27k€9k▼
Profit (loss) for the period to be appropriated9905€27k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€9k▼
Profit (loss) brought forward from the previous period14P€-10k-
Transfer to equity691/2€17k€9k▼
To other reserves6921€17k€9k▼
The notes to these accounts (8 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €165k | €188k | €167k | €172k | ▲ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €15k | €16k | €16k | €17k | ▲ 5.1% |
| Other operating charges640/8 | - | €4k | €922 | €1k | €2k | ▲ 53.4% |
| Non-recurring operating charges66A | - | - | €2k | - | - | - |
| Gross operating margin9900 | €125k | €183k | €216k | €216k | €204k | ▼ 5.8% |
| Operating profit (loss)9901 | €24k | €-660 | €9k | €32k | €13k | ▼ 58.5% |
| Financial income75/76B | - | €3k | €3k | €3k | €3k | ▲ 13.0% |
| Recurring financial income75 | €4k | €3k | €3k | €3k | €3k | ▲ 13.9% |
| Non-recurring financial income76B | - | - | - | €57 | €42 | ▼ 27.3% |
| Financial charges65/66B | - | €7k | €8k | €8k | €7k | ▼ 4.8% |
| Recurring financial charges65 | €5k | €7k | €8k | €8k | €7k | ▼ 4.8% |
| Profit (loss) for the period before taxes9903 | €23k | €-5k | €4k | €27k | €9k | ▼ 66.3% |
| Profit (loss) for the period9904 | €23k | €-5k | €4k | €27k | €9k | ▼ 66.3% |
| Profit (loss) for the period to be appropriated9905 | €23k | €-5k | €4k | €27k | €9k | ▼ 66.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142k | €113k | €104k | €118k | €122k | ▲ 3.0% |
| Fixed assets21/28 | €59k | €55k | €48k | €32k | €24k | ▼ 26.4% |
| Tangible fixed assets22/27 | €59k | €55k | €48k | €32k | €24k | ▼ 26.4% |
| Plant, machinery and equipment23 | - | €51k | €44k | €30k | €21k | ▼ 31.5% |
| Furniture and vehicles24 | - | €4k | €4k | €2k | €3k | ▲ 51.3% |
| Current assets29/58 | €82k | €58k | €56k | €86k | €98k | ▲ 14.0% |
| Stocks and contracts in progress3 | €3k | €10k | €6k | €12k | €9k | ▼ 23.5% |
| Stocks30/36 | - | €10k | €6k | €12k | €9k | ▼ 23.5% |
| Amounts receivable within one year40/41 | €12k | €11k | €16k | €12k | €11k | ▼ 11.2% |
| Trade receivables40 | - | €6k | €12k | €4k | €6k | ▲ 39.3% |
| Other amounts receivable41 | - | €5k | €4k | €8k | €5k | ▼ 38.8% |
| Cash at bank and in hand54/58 | €66k | €36k | €32k | €60k | €74k | ▲ 23.6% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €3k | €5k | ▲ 83.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142k | €113k | €104k | €118k | €122k | ▲ 3.0% |
| Equity10/15 | €53k | €45k | €46k | €71k | €78k | ▲ 9.4% |
| Contributions10/11 | - | €50k | €50k | €50k | €50k | = |
| Reserves13 | - | - | - | €17k | €26k | ▲ 54.0% |
| Distributable reserves133 | - | - | - | €17k | €26k | ▲ 54.0% |
| Profit (loss) carried forward14 | €-9k | €-14k | €-10k | - | - | - |
| Investment grants15 | - | €9k | €7k | €4k | €1k | ▼ 63.8% |
| Amounts payable17/49 | €89k | €68k | €57k | €47k | €44k | ▼ 6.7% |
| Amounts payable after more than one year17 | €4k | €340 | - | - | - | - |
| Financial debts170/4 | - | €340 | - | - | - | - |
| Amounts payable within one year42/48 | €84k | €68k | €57k | €47k | €44k | ▼ 6.7% |
| Current portion of amounts payable after more than one year42 | - | €4k | €340 | - | - | - |
| Trade debts44 | €17k | €12k | €15k | €12k | €14k | ▲ 11.6% |
| Suppliers440/4 | - | €12k | €15k | €12k | €14k | ▲ 11.6% |
| Taxes, remuneration and social security45 | - | €15k | €16k | €13k | €14k | ▲ 3.8% |
| Taxes450/3 | - | €3k | €2k | €491 | €357 | ▼ 27.2% |
| Remuneration and social security454/9 | - | €12k | €14k | €13k | €14k | ▲ 5.0% |
| Other amounts payable47/48 | - | €37k | €25k | €21k | €16k | ▼ 23.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €-5k | €4k | €27k | €9k | ▼ 66.3% |
| + Depreciation and write-downs630 | €17k | €15k | €16k | €16k | €17k | ▲ 5.1% |
| Operating cash flow (approximation) | €40k | €10k | €20k | €44k | €26k | ▼ 39.8% |
| Investment in fixed assets (approximation) | - | €-11k | €-8k | €-885 | €-8k | ▼ 860% |
| Change in cash | - | €-30k | €-4k | €28k | €14k | ▼ 50.0% |
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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €27k ▲606%
Operating result €32k, net result €27k, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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.
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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, Brussel · 2 establishment units since 2015
Ground area
269 m²
Building footprint
258 m²
Volume, LiDAR
3,993 m³
2 parcels, Brussels · tallest building 26.8 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
KAFFA COFFEE
since 20152.245.150.518
KAFFA COFFEE
since 20152.245.150.617
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0065/00T013 | Brussels | 149 m² | 1 · 149 m² | 26.8 m · 5 fl. |
| 21809K0065/00A014 | Brussels | 120 m² | 1 · 109 m² | 22.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 siteBrussel2.245.150.518
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 3,861 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
Founded14-07-2015
Fiscal year end30-09
Activities, NACEBEL 2025
56301Cafés and bars
10830Manufacture of food products
46370Wholesale trade
47279Other retail sale of food
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.