Koike
ActiveSummary
Koike has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €-85. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 25% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▼-14
Solvency29=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 4.03 against 3.11 in 2024; short-term debt: 9.7% and cash: 16.7% of total assets), but 96% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
4%
Return on assets
0%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 18400 sector peers (2025).
NBB · sector comparisonPosition among 18400 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
1 d early
2022
on the day
2021
on the day
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▼ 0.5%
2024 · €17k
Total assets
€426k▼ 4.7%
2024 · €447k
Net result
€-85
2024 · €14k
Working capital
€125k▲ 10.3%
2024 · €113k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-22k▼ 38.2%€32k€-15k€19k€6k▼ 70.2%
Net result€-22k▼ 49.3%€32k€-15k€14k€-85
Equity€-14k€18k€3k▼ 82.1%€17k▲ 434%€17k▼ 0.5%
Total assets€448k▲ 143%€486k▲ 8.6%€455k▼ 6.5%€447k▼ 1.7%€426k▼ 4.7%
Debt€461k▲ 162%€468k▲ 1.6%€452k▼ 3.6%€430k▼ 4.8%€409k▼ 4.9%
Working capital€-128k▼ 14,854%€-94k▲ 26.4%€88k€113k▲ 28.1%€125k▲ 10.3%
Staff (FTE)1=1=1=0.6▼ 40.0%0.6=
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 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €426k
Fixed assets
€260k ▼ 7.3%
Current assets
€166k ▼ 0.4%
Equity and liabilities €426k
Equity
€17k ▼ 0.5%
Debt
€409k ▼ 4.9%
Debt's share of the balance-sheet total falls from 96.2% to 96.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€26k▼
2024 · €40k
Cash flow
€20k▼
2024 · €35k
Current ratio
4.03▲
2024 · 3.11
Quick ratio
3.00▲
2024 · 2.34
Debt to equity
23.88▼
2024 · 24.98
ROE
-0.5%▼
2024 · 81.3%
ROA
0.0%▼
2024 · 3.1%
Interest coverage
2.59▼
2024 · 3.80
Debt ≤ 1 year
€41k▼
2024 · €53k
Debt > 1 year
€368k▼
2024 · €376k
Income taxes
€323▼
2024 · €325
Staff costs
€25k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €14k | €46k | €20k | €25k | ▲ 25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €32k | €31k | €21k | €20k | ▼ 2.3% |
| Other operating charges640/8 | - | €494 | €5k | €6k | €3k | ▼ 56.7% |
| Gross operating margin9900 | €12k | €79k | €67k | €65k | €53k | ▼ 18.5% |
| Operating profit (loss)9901 | €-22k | €32k | €-15k | €19k | €6k | ▼ 70.2% |
| Financial income75/76B | - | €4k | €6k | €6k | €5k | ▼ 19.9% |
| Recurring financial income75 | €4k | €4k | €6k | €6k | €5k | ▼ 19.9% |
| Financial charges65/66B | - | €5k | €5k | €10k | €10k | ▼ 4.1% |
| Recurring financial charges65 | €4k | €5k | €5k | €10k | €10k | ▼ 4.1% |
| Profit (loss) for the period before taxes9903 | €-22k | €32k | €-15k | €14k | €238 | ▼ 98.3% |
| Income taxes67/77 | - | - | €191 | €325 | €323 | ▼ 0.4% |
| Profit (loss) for the period9904 | €-22k | €32k | €-15k | €14k | €-85 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | €-22k | €32k | €-15k | €14k | €-85 | ▼ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €448k | €486k | €455k | €447k | €426k | ▼ 4.7% |
| Fixed assets21/28 | €331k | €301k | €301k | €281k | €260k | ▼ 7.3% |
| Intangible fixed assets21 | €31k | €13k | - | - | - | - |
| Tangible fixed assets22/27 | €300k | €288k | €301k | €281k | €260k | ▼ 7.3% |
| Land and buildings22 | - | €287k | €273k | €260k | €246k | ▼ 5.3% |
| Plant, machinery and equipment23 | - | €950 | €2k | €683 | - | - |
| Furniture and vehicles24 | - | - | €26k | €20k | €14k | ▼ 29.2% |
| Current assets29/58 | €117k | €186k | €153k | €166k | €166k | ▼ 0.4% |
| Stocks and contracts in progress3 | €28k | €28k | €38k | €41k | €42k | ▲ 2.2% |
| Stocks30/36 | - | €28k | €38k | €41k | €42k | ▲ 2.2% |
| Amounts receivable within one year40/41 | €24k | €51k | €42k | €41k | €50k | ▲ 22.7% |
| Trade receivables40 | - | €48k | €41k | €40k | €50k | ▲ 26.0% |
| Other amounts receivable41 | - | €3k | €776 | €1k | €129 | ▼ 88.7% |
| Cash at bank and in hand54/58 | €65k | €106k | €73k | €83k | €71k | ▼ 13.8% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €2k | ▲ 32.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €448k | €486k | €455k | €447k | €426k | ▼ 4.7% |
| Equity10/15 | €-14k | €18k | €3k | €17k | €17k | ▼ 0.5% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €-36k | €-4k | €-19k | €-5k | €-5k | ▼ 1.8% |
| Amounts payable17/49 | €461k | €468k | €452k | €430k | €409k | ▼ 4.9% |
| Amounts payable after more than one year17 | €217k | €189k | €386k | €376k | €368k | ▼ 2.3% |
| Financial debts170/4 | - | €189k | €386k | €376k | €368k | ▼ 2.3% |
| Amounts payable within one year42/48 | €245k | €279k | €65k | €53k | €41k | ▼ 23.0% |
| Current portion of amounts payable after more than one year42 | - | €28k | €12k | €10k | €9k | ▼ 6.4% |
| Trade debts44 | €3k | €27k | €30k | €17k | €3k | ▼ 83.9% |
| Suppliers440/4 | - | €27k | €30k | €17k | €3k | ▼ 83.9% |
| Taxes, remuneration and social security45 | - | €20k | €19k | €18k | €14k | ▼ 22.6% |
| Taxes450/3 | - | €14k | €12k | €13k | €13k | ▲ 0.3% |
| Remuneration and social security454/9 | - | €6k | €6k | €5k | €1k | ▼ 78.6% |
| Other amounts payable47/48 | - | €205k | €4k | €8k | €15k | ▲ 80.1% |
| Accrued charges and deferred income492/3 | - | €200 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-22k | €32k | €-15k | €14k | €-85 | ▼ 101% |
| + Depreciation and write-downs630 | €24k | €32k | €31k | €21k | €20k | ▼ 2.3% |
| Operating cash flow (approximation) | €2k | €64k | €17k | €35k | €20k | ▼ 41.8% |
| Investment in fixed assets (approximation) | - | €-2k | €-32k | €0 | €0 | - |
| Change in cash | - | €41k | €-33k | €9k | €-11k | ▼ 223% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity quadruplescurrent ratio 2.35
Current ratio from 0.66 to 2.35; short-term debt falls from €279k to €65k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Oostende · 1 establishment unit since 2018
Ground area
1,838 m²
Building footprint
753 m²
Volume, LiDAR
11,940 m³
2 parcels, Flanders · tallest building 20.0 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Koike
since 20182.275.766.488
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0173/00K000 | Flanders | 1,633 m² | 1 · 582 m² | 20.0 m · 6 fl. |
| 35013A0170/00E000 | Flanders | 204 m² | 1 · 171 m² | 19.2 m · 5 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.
2 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
E-FASHION
BE 0553.682.631
Antwerpen · Eq €17,171
Wittevrouw - Smets
BE 0652.872.554
Aarschot · Eq €17,199
YAYA Retail Gent
BE 0791.287.002
Gent · Eq €17,251
GWNÏO
BE 0844.124.187
Gistel · Eq €17,257
JNAM
BE 0734.706.605
Braine-l'Alleud · Eq €16,892
Of 6,498 companies in sector 47716 we hold annual accounts for 2,438. 1,513 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
Founded22-03-2018
Fiscal year end30-06
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Scores and ratios are computed by Checked and are not a credit decision.