KOKON & KO
ActiveThe computed 12-month bankruptcy probability of KOKON & KO is 1.9% (moderate). The 2024 annual accounts show equity of €183k and a net result of €2k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 18939 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▲+23
Solvency48▲+21
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity short (current ratio 0.22 against 0.24 in 2023; short-term debt: 77% of total assets), and 77% 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €183k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
151 d late
2022
91 d late
2021
92 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€183k▲ 1,860%
2023 · €9k
2018: €15k
2019: €16k
2020: €31k
2021: €10k
2022: €9k
2023: €9k
2018 → 2024
Total assets
€797k▲ 31.8%
2023 · €605k
2018: €104k
2019: €97k
2020: €445k
2021: €612k
2022: €569k
2023: €605k
2018 → 2024
Net result
€2k
2023 · €-30k
2018: €-5k
2019: €488
2020: €15k
2021: €-21k
2022: €-61k
2023: €-30k
2018 → 2024
Working capital
€-479k▼ 7.2%
2023 · €-447k
2018: €15k
2019: €11k
2020: €-270k
2021: €-465k
2022: €-454k
2023: €-447k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€31k-€10k▼ 68.0%€9k▼ 8.1%€9k▲ 2.8%€183k▲ 1,860%
Operating result€23k-€-9k€-37k▼ 327%€-14k▲ 62.6%€19k
Net result€15k-€-21k€-61k▼ 189%€-30k▲ 51.1%€2k
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 2024: €19k after a loss of €14k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €797k
Fixed assets
€662k▲ 42.3%
Current assets
€134k▼ 3.5%
Equity and liabilities €797k
Equity
€183k▲ 1,860%
Debt
€614k▲ 3.1%
The debt ratio falls from 98.5% to 77.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44k▲
2023 · €11k
Cash flow
€27k▲
2023 · €-5k
Solvency
23.0%▲
2023 · 1.5%
Current ratio
0.22▼
2023 · 0.24
Quick ratio
0.00▼
2023 · 0.01
Debt / equity
3.35▼
2023 · 63.70
ROE
1.2%▲
2023 · -318.2%
ROA
0.3%▲
2023 · -4.9%
Interest coverage
2.60▲
2023 · 0.69
Debt
€614k▲
2023 · €595k
Debt ≤ 1 year
€614k▲
2023 · €586k
Staff costs
€87k▼
2023 · €101k
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€605k€797k▲
Fixed assets21/28€465k€662k▲
Tangible fixed assets22/27€465k€662k▲
Land and buildings22€432k€638k▲
Plant, machinery and equipment23€31k€23k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€139k€134k▼
Stocks and contracts in progress3€132k€133k▲
Stocks30/36€132k€133k▲
Amounts receivable within one year40/41€6k€998▼
Trade receivables40€3k-
Other amounts receivable41€3k€998▼
Cash at bank and in hand54/58€628-
Equity and liabilities
Total equity and liabilities10/49€605k€797k▲
Equity10/15€9k€183k▲
Contributions10/11€110k€110k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Outside capital11€90k€90k=
Other1109/19€90k€90k=
Revaluation surpluses12-€172k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-103k€-100k▲
Amounts payable17/49€595k€614k▲
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€586k€614k▲
Financial debts43€18k€11k▼
Credit institutions430/8€11k€8k▼
Other loans439€7k€3k▼
Trade debts44€58k€53k▼
Suppliers440/4€58k€53k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€19k€42k▲
Taxes450/3€19k€39k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€491k€507k▲
Income statement
Code20232024
Remuneration, social security and pensions62€101k€87k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€114k€133k▲
Operating profit (loss)9901€-14k€19k▲
Financial income75/76B€60€285▲
Recurring financial income75€60€285▲
Financial charges65/66B€16k€17k▲
Recurring financial charges65€16k€17k▲
Profit (loss) for the period before taxes9903€-30k€2k▲
Profit (loss) for the period9904€-30k€2k▲
Profit (loss) for the period to be appropriated9905€-30k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-103k€-100k▲
Profit (loss) brought forward from the previous period14P€-73k€-103k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
31-12
Financial
Equity above €150kEq €183k ▲1860%
Equity rises from €9k to €183k.
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 151 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €15k ▲3047%
Operating result €23k, net result €15k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €488
Net result €488 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
27-11-2025
Resigned as Director
Location & real-estate footprint
Registered office, Herzele · 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.
Solleveld 309550 HerzeleGround area
703 m²
Building footprint
270 m²
Volume, LiDAR
1,362 m³
Parcel 41027A0762/00K002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KOKON
since 20172.270.480.780
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41027A0762/00K002 | Flanders | 703 m² | 1 · 270 m² | 9.5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerzele2.270.480.780
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 6,902 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2017
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
93299Other amusement and recreation activities
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.