KOKA
ActiveSummary
The computed 12-month bankruptcy probability of KOKA is 1.9% (moderate). The 2024 annual accounts show equity of €30,763 and a net result of €491. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability42▼-18
Solvency52▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.35 in 2023; short-term debt: 73.1% and cash: 26.3% of total assets), and 73.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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 2024Solvency, return and age of the figures
Solvency
26.9%
Return on assets
0.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
153 d late
2022
153 d late
2021
153 d late
2020
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 116 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2024, micro schema
Equity
€30,763▲ 1.6%
2023 · €30,272
Total assets
€114,417▲ 8.0%
2023 · €105,927
Net result
€491▼ 91.2%
2023 · €5,582
Working capital
€25,798▼ 1.2%
2023 · €26,122
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€7,538-€12,250▲ 62.5%€8,732▼ 28.7%€6,732▼ 22.9%€5,920▼ 12.1%
Net result€5,024within the sector's middle half-€10,121within the sector's middle half▲ 101%€4,545within the sector's middle half▼ 55.1%€5,582within the sector's middle half▲ 22.8%€491within the sector's middle half▼ 91.2%
Equity€10,024within the sector's middle half-€20,145within the sector's middle half▲ 101%€24,690within the sector's middle half▲ 22.6%€30,272within the sector's middle half▲ 22.6%€30,763within the sector's middle half▲ 1.6%
Total assets€82,672within the sector's middle half-€106,698within the sector's middle half▲ 29.1%€107,974within the sector's middle half▲ 1.2%€105,927within the sector's middle half▼ 1.9%€114,417within the sector's middle half▲ 8.0%
Debt€72,648-€86,553▲ 19.1%€83,284▼ 3.8%€75,655▼ 9.2%€83,654▲ 10.6%
Working capital€10,024within the sector's middle half-€18,979within the sector's middle half▲ 89.3%€21,717within the sector's middle half▲ 14.4%€26,122within the sector's middle half▲ 20.3%€25,798within the sector's middle half▼ 1.2%
Solvency12.1%within the sector's middle half-18.9%within the sector's middle half▲ 6.8pp22.9%within the sector's middle half▲ 4.0pp28.6%within the sector's middle half▲ 5.7pp26.9%within the sector's middle half▼ 1.7pp
Current ratio1.14within the sector's middle half-1.24within the sector's middle half▲ 0.101.27within the sector's middle half▲ 0.031.35within the sector's middle half▲ 0.081.31within the sector's middle half▼ 0.04
Return on assets (ROA)6.1%within the sector's middle half-9.5%within the sector's middle half▲ 3.4pp4.2%within the sector's middle half▼ 5.3pp5.3%within the sector's middle half▲ 1.1pp0.4%within the sector's middle half▼ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 12% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €114,417
Fixed assets
€4,965 ▲ 19.6%
Current assets
€109,452 ▲ 7.5%
Equity and liabilities €114,417
Equity
€30,763 ▲ 1.6%
Debt
€83,654 ▲ 10.6%
Debt's share of the balance-sheet total rises from 71.4% to 73.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,220▼
2023 · €8,373
Cash flow
€1,791▼
2023 · €7,223
Quick ratio
0.66▼
2023 · 0.70
Debt to equity
2.72▲
2023 · 2.50
ROE
1.6%▼
2023 · 18.4%
Interest coverage
2.67▼
2023 · 4.16
Debt ≤ 1 year
€83,654▲
2023 · €75,655
Income taxes
€3,299
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,195 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €719 | €1,640 | €1,641 | €1,300 | ▼ 20.8% |
| Other operating charges640/8 | - | €1,854 | €2,596 | €3,799 | €3,209 | ▼ 15.5% |
| Gross operating margin9900 | €12,081 | €14,823 | €12,968 | €12,172 | €10,429 | ▼ 14.3% |
| Operating profit (loss)9901 | €7,538 | €12,250 | €8,732 | €6,732 | €5,920 | ▼ 12.1% |
| Financial income75/76B | - | €827 | €852 | €863 | €577 | ▼ 33.1% |
| Recurring financial income75 | €10 | €252 | €852 | €863 | €577 | ▼ 33.1% |
| Non-recurring financial income76B | - | €575 | - | - | - | - |
| Financial charges65/66B | - | €2,481 | €2,463 | €2,013 | €2,707 | ▲ 34.5% |
| Recurring financial charges65 | €2,524 | €2,481 | €2,463 | €2,013 | €2,707 | ▲ 34.5% |
| Profit (loss) for the period before taxes9903 | €5,024 | €10,596 | €7,121 | €5,582 | €3,790 | ▼ 32.1% |
| Income taxes67/77 | - | €475 | €2,576 | - | €3,299 | - |
| Profit (loss) for the period9904 | €5,024 | €10,121 | €4,545 | €5,582 | €491 | ▼ 91.2% |
| Profit (loss) for the period to be appropriated9905 | €5,024 | €10,121 | €4,545 | €5,582 | €491 | ▼ 91.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €82,672 | €106,698 | €107,974 | €105,927 | €114,417 | ▲ 8.0% |
| Fixed assets21/28 | - | €7,431 | €5,791 | €4,150 | €4,965 | ▲ 19.6% |
| Tangible fixed assets22/27 | - | €7,431 | €5,791 | €4,150 | €4,965 | ▲ 19.6% |
| Plant, machinery and equipment23 | - | €5,430 | €4,623 | €3,815 | €4,965 | ▲ 30.1% |
| Furniture and vehicles24 | - | €2,001 | €1,168 | €335 | - | - |
| Current assets29/58 | €82,672 | €99,267 | €102,183 | €101,777 | €109,452 | ▲ 7.5% |
| Stocks and contracts in progress3 | €38,920 | €45,757 | €48,176 | €49,017 | €54,341 | ▲ 10.9% |
| Stocks30/36 | - | €45,757 | €48,176 | €49,017 | €54,341 | ▲ 10.9% |
| Amounts receivable within one year40/41 | €22,433 | €20,157 | €32,155 | €25,714 | €22,828 | ▼ 11.2% |
| Trade receivables40 | - | €10,792 | €13,932 | €18,177 | €13,606 | ▼ 25.1% |
| Other amounts receivable41 | - | €9,365 | €18,223 | €7,537 | €9,222 | ▲ 22.4% |
| Cash at bank and in hand54/58 | €21,319 | €31,768 | €19,910 | €24,995 | €30,060 | ▲ 20.3% |
| Deferred charges and accrued income490/1 | - | €1,585 | €1,942 | €2,051 | €2,223 | ▲ 8.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €82,672 | €106,698 | €107,974 | €105,927 | €114,417 | ▲ 8.0% |
| Equity10/15 | €10,024 | €20,145 | €24,690 | €30,272 | €30,763 | ▲ 1.6% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €5,024 | €15,145 | €19,690 | €25,272 | €25,763 | ▲ 1.9% |
| Distributable reserves133 | - | €15,145 | €19,690 | €25,272 | €25,763 | ▲ 1.9% |
| Amounts payable17/49 | €72,648 | €86,553 | €83,284 | €75,655 | €83,654 | ▲ 10.6% |
| Amounts payable after more than one year17 | - | €6,265 | €2,818 | - | - | - |
| Financial debts170/4 | - | €6,265 | €2,818 | - | - | - |
| Amounts payable within one year42/48 | €72,648 | €80,288 | €80,466 | €75,655 | €83,654 | ▲ 10.6% |
| Current portion of amounts payable after more than one year42 | - | €3,447 | €3,447 | €2,818 | - | - |
| Financial debts43 | - | - | €3,058 | €7,126 | €3,318 | ▼ 53.4% |
| Credit institutions430/8 | - | - | €3,058 | €7,126 | €3,318 | ▼ 53.4% |
| Trade debts44 | €67,861 | €76,714 | €72,480 | €62,454 | €79,974 | ▲ 28.1% |
| Suppliers440/4 | - | €76,714 | €72,480 | €62,454 | €79,974 | ▲ 28.1% |
| Taxes, remuneration and social security45 | - | - | €1,481 | €3,257 | €362 | ▼ 88.9% |
| Taxes450/3 | - | - | €1,481 | €3,257 | €362 | ▼ 88.9% |
| Other amounts payable47/48 | - | €127 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,024 | €10,121 | €4,545 | €5,582 | €491 | ▼ 91.2% |
| + Depreciation and write-downs630 | - | €719 | €1,640 | €1,641 | €1,300 | ▼ 20.8% |
| Operating cash flow (approximation) | €5,024 | €10,840 | €6,185 | €7,223 | €1,791 | ▼ 75.2% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€2,115 | - |
| Change in cash | - | €10,449 | -€11,858 | €5,085 | €5,065 | ▼ 0.4% |
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €491 ▼91.2%
Net result drops to €491, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Highest result since 2020net €10,121 ▲101%
Operating result €12,250, net result €10,121, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2019
Ground area
1,589 m²
Building footprint
593 m²
Volume, LiDAR
2,011 m³
Parcel 73040C0466/00X000, Flanders · tallest building 11.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Drankenhal Het Karrewiel
since 20192.296.368.003
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73040C0466/00X000 | Flanders | 1,589 m² | 1 · 593 m² | 11.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 siteHasselt2.296.368.003
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Of 1,508 companies in sector 47252 we hold annual accounts for 651. 402 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
Founded21-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47252Retail sale of beverages, general range
53200Other postal and courier activities
77223Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0737932250
Also
9925:BE0737932250
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.