KANTINE
ActiveSummary
The computed 12-month bankruptcy probability of KANTINE is 8.3% (elevated). The 2025 annual accounts show negative equity (-€142,668) and a net result of -€146,668. Its solvency ranks better than 13% of 3728 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
8.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08; short-term debt: 137.6% and cash: 7% of total assets), and equity is negative.
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Signals
Six 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-37.6%
Return on assets
-38.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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 · 1 filingDeviation from the deadline
2025
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€142,668
Total assets
€379,328
Net result
-€146,668
Working capital
-€477,923
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €379,328
Fixed assets
€335,255
Current assets
€44,073
Key figures and ratios
EBITDA
-€112,648
Cash flow
-€115,431
Solvency
-37.6%
Current ratio
0.08
Quick ratio
0.05
Debt to equity
-3.66
ROA
-38.7%
Interest coverage
-40.28
Debt
€521,996
Debt ≤ 1 year
€521,996
Staff costs
€222,501
Annual accounts
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €222,501 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,237 |
| Other operating charges640/8 | €1,637 |
| Gross operating margin9900 | €111,490 |
| Operating profit (loss)9901 | -€143,885 |
| Financial income75/76B | €13 |
| Recurring financial income75 | €13 |
| Financial charges65/66B | €2,797 |
| Recurring financial charges65 | €2,797 |
| Profit (loss) for the period before taxes9903 | -€146,668 |
| Profit (loss) for the period9904 | -€146,668 |
| Profit (loss) for the period to be appropriated9905 | -€146,668 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €379,328 | |
| Fixed assets21/28 | €335,255 | |
| Tangible fixed assets22/27 | €335,136 | |
| Plant, machinery and equipment23 | €43,365 | |
| Furniture and vehicles24 | €28,290 | |
| Other tangible fixed assets26 | €263,481 | |
| Financial fixed assets28 | €119 | |
| Current assets29/58 | €44,073 | |
| Stocks and contracts in progress3 | €15,712 | |
| Stocks30/36 | €15,712 | |
| Amounts receivable within one year40/41 | €1,591 | |
| Trade receivables40 | €1,591 | |
| Cash at bank and in hand54/58 | €26,679 | |
| Deferred charges and accrued income490/1 | €90 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €379,328 | |
| Equity10/15 | -€142,668 | |
| Contributions10/11 | €4,000 | |
| Profit (loss) carried forward14 | -€146,668 | |
| Amounts payable17/49 | €521,996 | |
| Amounts payable within one year42/48 | €521,996 | |
| Trade debts44 | €29,780 | |
| Suppliers440/4 | €29,780 | |
| Advances received on contracts in progress46 | €543 | |
| Taxes, remuneration and social security45 | €20,243 | |
| Taxes450/3 | €3,759 | |
| Remuneration and social security454/9 | €16,484 | |
| Other amounts payable47/48 | €471,430 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€146,668 |
| + Depreciation and write-downs630 | €31,237 |
| Operating cash flow (approximation) | -€115,431 |
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
2026
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 55 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Koksijde · 2 establishment units since 2024
Ground area
4,303 m²
Building footprint
2,032 m²
Volume, LiDAR
33,852 m³
3 parcels, Flanders · tallest building 54.7 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
KANTINE Oostende
since 20242.363.196.548
KANTINE Blankenberge
since 20252.373.466.769
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382B0032/00C009 | Flanders | 2,425 m² | 1 · 1,043 m² | 54.7 m · 9 fl. |
| 38014E0349/00M000 | Flanders | 985 m² | 1 · 506 m² | 31.9 m |
| 31004A0868/00A000 | Flanders | 894 m² | 1 · 482 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 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
2 sitesBlankenberge2.373.466.769
Oostende2.363.196.548
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. 2,530 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.