KOKA
ActiveKOKA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €149k and a net result of €35k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+2
Solvency42▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.91 in 2023; short-term debt: 70.3% and cash: 17.7% of total assets), and 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
27 d late
2022
108 d early
2021
34 d early
2020
11 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€149k▲ 0.1%
2023 · €149k
2019: €11k
2020: €11k
2021: €131k
2022: €149k
2023: €149k
2019 → 2024
Total assets
€875k▼ 15.8%
2023 · €1.04M
2019: €1.18M
2020: €1.26M
2021: €1.26M
2022: €1.10M
2023: €1.04M
2019 → 2024
Net result
€35k▲ 29.6%
2023 · €27k
2019: €120k
2020: €24k
2021: €210k
2022: €131k
2023: €27k
2019 → 2024
Working capital
€-47k▲ 22.1%
2023 · €-60k
2019: €-299k
2020: €-305k
2021: €108k
2022: €-101k
2023: €-60k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€11k-€131k▲ 1,055%€149k▲ 13.5%€149k▲ 0.1%€149k▲ 0.1%
Operating result€-524-€254k€151k▼ 40.7%€61k▼ 59.6%€92k▲ 51.2%
Net result€24k-€210k▲ 772%€131k▼ 37.5%€27k▼ 79.3%€35k▲ 29.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 51% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €875k
Fixed assets
€307k▼ 22.5%
Current assets
€568k▼ 11.7%
Equity and liabilities €875k
Equity
€149k▲ 0.1%
Debt
€725k▼ 18.5%
The debt ratio falls from 85.6% to 82.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€231k▲
2023 · €230k
Cash flow
€174k▼
2023 · €196k
Solvency
17.1%▲
2023 · 14.4%
Current ratio
0.92▲
2023 · 0.91
Quick ratio
0.85▼
2023 · 0.85
Debt / equity
4.86▼
2023 · 5.96
ROE
23.6%▲
2023 · 18.2%
ROA
4.0%▲
2023 · 2.6%
Interest coverage
9.07▲
2023 · 8.17
Debt
€725k▼
2023 · €890k
Debt ≤ 1 year
€615k▼
2023 · €703k
Debt > 1 year
€106k▼
2023 · €182k
Income taxes
€4k▼
2023 · €6k
Staff costs
€701k▼
2023 · €711k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.04M€875k▼
Fixed assets21/28€396k€307k▼
Tangible fixed assets22/27€386k€297k▼
Land and buildings22€91k€92k▲
Plant, machinery and equipment23€242k€163k▼
Furniture and vehicles24€24k€25k▲
Leasing and similar rights25€29k€17k▼
Financial fixed assets28€10k€10k=
Current assets29/58€643k€568k▼
Stocks and contracts in progress3€43k€46k▲
Stocks30/36€43k€46k▲
Amounts receivable within one year40/41€314k€309k▼
Trade receivables40€102k€97k▼
Other amounts receivable41€211k€212k▲
Current investments50/53€45k€45k=
Cash at bank and in hand54/58€221k€155k▼
Deferred charges and accrued income490/1€20k€14k▼
Equity and liabilities
Total equity and liabilities10/49€1.04M€875k▼
Equity10/15€149k€149k▲
Contributions10/11€6k€6k=
Reserves13€143k€143k▲
Distributable reserves133€143k€143k▲
Amounts payable17/49€890k€725k▼
Amounts payable after more than one year17€182k€106k▼
Financial debts170/4€182k€106k▼
Amounts payable within one year42/48€703k€615k▼
Current portion of amounts payable after more than one year42€105k€75k▼
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€263k€223k▼
Suppliers440/4€263k€223k▼
Advances received on contracts in progress46€7k€8k▲
Taxes, remuneration and social security45€109k€104k▼
Taxes450/3€28k€24k▼
Remuneration and social security454/9€82k€80k▼
Other amounts payable47/48€218k€194k▼
Accrued charges and deferred income492/3€5k€5k▼
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€711k€701k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€169k€139k▼
Other operating charges640/8€11k€10k▼
Gross operating margin9900€952k€943k▼
Operating profit (loss)9901€61k€92k▲
Financial income75/76B€101€8▼
Recurring financial income75€101€8▼
Financial charges65/66B€28k€53k▲
Recurring financial charges65€28k€26k▼
Non-recurring financial charges66B-€28k
Profit (loss) for the period before taxes9903€33k€39k▲
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€27k€35k▲
Profit (loss) for the period to be appropriated9905€27k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€35k▲
Transfer to equity691/2€168€201▲
To other reserves6921€168€201▲
Profit to be distributed694/7€27k€35k▲
Directors or managers695€27k€35k▲
Social balance
Average headcount (FTE)908711.613.8▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2019net €210k ▲772%
Operating result €254k, net result €210k, both a record.
31-12
Financial
Equity above €100kEq €131k ▲1055%
3 profitable years in a row build equity to €131k.
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
30-06
Financial
Weakest financial yearnet €24k ▼80%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 5 days late
2017
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 6 days late
2016
13-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Geel · 1 establishment unit since 2014
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.
Markt 532440 GeelGround area
2,449 m²
Building footprint
2,141 m²
Parcel 13008H0491/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Markt 53, 2440 Geel
since 20142.235.399.543
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008H0491/00H000 | Flanders | 2,449 m² | 1 · 2,141 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeel2.235.399.543
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,050 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-2007
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.