KOFLO
ActiveThe computed 12-month bankruptcy probability of KOFLO is 2.0% (moderate). The 2025 annual accounts show equity of €47k and a net result of €-12k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 39% of 13204 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-2
Solvency43▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 1.8 in 2024; short-term debt: 20.4% and cash: 27.4% of total assets), but 81.6% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
18.4%
Return on assets
-4.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-12k
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 12-06-2026, 49 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
49 d early
2024
36 d early
2023
41 d early
2022
33 d early
2021
54 d early
2020
31 d early
2019
32 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▼ 21.0%
2024 · €59k
2018: €43k
2019: €64k
2020: €59k
2021: €87k
2022: €57k
2023: €77k
2024: €59k
2018 → 2025
Total assets
€253k▼ 3.5%
2024 · €262k
2018: €375k
2019: €449k
2020: €432k
2021: €398k
2022: €333k
2023: €290k
2024: €262k
2018 → 2025
Net result
€-12k▲ 30.0%
2024 · €-18k
2018: €24k
2019: €21k
2020: €-5k
2021: €28k
2022: €-30k
2023: €19k
2024: €-18k
2018 → 2025
Working capital
€72k▲ 53.7%
2024 · €47k
2018: €-56k
2019: €-14k
2020: €22k
2021: €39k
2022: €3k
2023: €51k
2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€57k▼ 34.4%€77k▲ 33.8%€59k▼ 23.1%€47k▼ 21.0%
Operating result€35k-€-24k€46k€-7k€2k
Net result€28k-€-30k€19k€-18k€-12k▲ 30.0%
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 2025: €2k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €253k
Fixed assets
€130k▼ 17.5%
Current assets
€123k▲ 17.5%
Equity and liabilities €253k
Equity
€47k▼ 21.0%
Debt
€206k▲ 1.6%
The debt ratio rises from 77.5% to 81.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €31k
Cash flow
€18k▼
2024 · €20k
Solvency
18.4%▼
2024 · 22.5%
Current ratio
2.39▲
2024 · 1.80
Quick ratio
2.35▲
2024 · 1.74
Debt / equity
4.43▲
2024 · 3.45
ROE
-26.6%▲
2024 · -30.0%
ROA
-4.9%▲
2024 · -6.8%
Interest coverage
2.24▼
2024 · 2.73
Debt
€206k▲
2024 · €203k
Debt ≤ 1 year
€52k▼
2024 · €58k
Debt > 1 year
€155k▲
2024 · €145k
Income taxes
€393▲
2024 · €-11
Staff costs
€101k▲
2024 · €86k
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€262k€253k▼
Fixed assets21/28€157k€130k▼
Tangible fixed assets22/27€157k€130k▼
Land and buildings22€60k€53k▼
Plant, machinery and equipment23€97k€76k▼
Furniture and vehicles24€830€511▼
Current assets29/58€105k€123k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€37k€52k▲
Trade receivables40€25k€35k▲
Other amounts receivable41€12k€17k▲
Cash at bank and in hand54/58€65k€69k▲
Equity and liabilities
Total equity and liabilities10/49€262k€253k▼
Equity10/15€59k€47k▼
Contributions10/11€19k€19k=
Reserves13€14k€14k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€26k€14k▼
Amounts payable17/49€203k€206k▲
Amounts payable after more than one year17€145k€155k▲
Financial debts170/4€145k€155k▲
Amounts payable within one year42/48€58k€52k▼
Current portion of amounts payable after more than one year42€29k€16k▼
Trade debts44€10k€20k▲
Suppliers440/4€10k€20k▲
Taxes, remuneration and social security45€20k€15k▼
Taxes450/3€14k€14k▼
Remuneration and social security454/9€6k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€86k€101k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€31k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€122k€139k▲
Operating profit (loss)9901€-7k€2k▲
Financial income75/76B€295€606▲
Recurring financial income75€295€606▲
Financial charges65/66B€11k€15k▲
Recurring financial charges65€11k€15k▲
Profit (loss) for the period before taxes9903€-18k€-12k▲
Income taxes67/77€-11€393▲
Profit (loss) for the period9904€-18k€-12k▲
Profit (loss) for the period to be appropriated9905€-18k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€14k▼
Profit (loss) brought forward from the previous period14P€44k€26k▼
The notes to these accounts (6 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-30k ▼207%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Torhout · 1 establishment unit since 2017
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.
Oostendestraat 3848820 TorhoutGround area
1,816 m²
Building footprint
242 m²
Volume, LiDAR
1,597 m³
Parcel 31033I0380/00N000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KOFLO
since 20172.266.332.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033I0380/00N000 | Flanders | 1,816 m² | 1 · 242 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 2,271 EUR awarded · 2,271 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 2,271 EUR | 2,271 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTorhout2.266.332.942
Similar companies · same sector, comparable size
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CARESTMAX
BE 0700.570.226
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WALTER
BE 0781.290.656
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Gusto26
BE 0673.594.922
Antwerpen · Eq €47k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,801 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
10520Manufacture of food products
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.