MIDNIGHTCOFFEE
ActiveMIDNIGHTCOFFEE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €461k and a net result of €111k. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 2273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+9
Solvency72▲+24
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.37 against 1.29 in 2024; short-term debt: 6% and cash: 4.1% of total assets), but 52.6% 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.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.4%
Return on assets
11.4%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
30 d late
2023
24 d late
2022
2 d late
2021
65 d early
2020
30 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€461k▲ 31.8%
2024 · €350k
2019: €122k
2021: €128k
2022: €235k
2023: €283k
2024: €350k
2019 → 2025
Total assets
€973k▼ 35.9%
2024 · €1.52M
2019: €931k
2021: €740k
2022: €1.12M
2023: €1.38M
2024: €1.52M
2019 → 2025
Net result
€111k▲ 64.7%
2024 · €68k
2019: €79k
2021: €-94k
2022: €107k
2023: €47k
2024: €68k
2019 → 2025
Working capital
€256k▲ 70.6%
2024 · €150k
2019: €196k
2021: €243k
2022: €575k
2023: €16k
2024: €150k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€235k▲ 84.0%€283k▲ 20.1%€350k▲ 23.9%€461k▲ 31.8%
Operating result€-71k-€126k€68k▼ 45.8%€109k▲ 59.3%€188k▲ 72.4%
Net result€-94k-€107k€47k▼ 56.1%€68k▲ 43.0%€111k▲ 64.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 72% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €973k
Fixed assets
€659k▼ 23.4%
Current assets
€314k▼ 52.3%
Equity and liabilities €973k
Equity
€461k▲ 31.8%
Provisions
€40k
Debt
€472k▼ 59.6%
The debt ratio falls from 77.0% to 48.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€206k▲
2024 · €143k
Cash flow
€130k▲
2024 · €102k
Solvency
47.4%▲
2024 · 23.0%
Current ratio
5.37▲
2024 · 1.29
Quick ratio
5.37▲
2024 · 1.29
Debt / equity
1.02▼
2024 · 3.34
ROE
24.1%▲
2024 · 19.3%
ROA
11.4%▲
2024 · 4.4%
Interest coverage
6.21▼
2024 · 6.55
Debt
€472k▼
2024 · €1.17M
Debt ≤ 1 year
€59k▼
2024 · €509k
Income taxes
€4k▼
2024 · €24k
Staff costs
€108k▲
2024 · €59k
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€1.52M€973k▼
Fixed assets21/28€861k€659k▼
Tangible fixed assets22/27€861k€659k▼
Land and buildings22€622k€626k▲
Plant, machinery and equipment23€276€13k▲
Furniture and vehicles24€8k€20k▲
Assets under construction and advance payments27€231k-
Current assets29/58€659k€314k▼
Amounts receivable after more than one year29€207k-
Other amounts receivable291€207k-
Amounts receivable within one year40/41€183k€270k▲
Trade receivables40€159k€266k▲
Other amounts receivable41€24k€4k▼
Cash at bank and in hand54/58€261k€39k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.52M€973k▼
Equity10/15€350k€461k▲
Contributions10/11€6k€6k=
Reserves13€334k€455k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132-€119k
Distributable reserves133€332k€336k▲
Profit (loss) carried forward14€10k-
Provisions and deferred taxes16-€40k
Deferred taxes168-€40k
Amounts payable17/49€1.17M€472k▼
Amounts payable after more than one year17€24k-
Financial debts170/4€24k-
Amounts payable within one year42/48€509k€59k▼
Current portion of amounts payable after more than one year42€23k-
Financial debts43€444k-
Credit institutions430/8€444k-
Trade debts44€31k€10k▼
Suppliers440/4€31k€10k▼
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€5k€783▼
Remuneration and social security454/9€6k€13k▲
Other amounts payable47/48-€35k
Accrued charges and deferred income492/3€637k€414k▼
Income statement
Code20242025
Non-recurring operating income76A-€241k
Remuneration, social security and pensions62€59k€108k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€19k▼
Other operating charges640/8€5k€9k▲
Gross operating margin9900€207k€324k▲
Operating profit (loss)9901€109k€188k▲
Financial income75/76B€4k€0▼
Recurring financial income75€4k€0▼
Financial charges65/66B€22k€33k▲
Recurring financial charges65€22k€33k▲
Profit (loss) for the period before taxes9903€91k€155k▲
Transfer from deferred taxes780-€2k
Transfer to deferred taxes680-€41k
Income taxes67/77€24k€4k▼
Profit (loss) for the period9904€68k€111k▲
Transfer from tax-exempt reserves789-€5k
Transfer to tax-exempt reserves689-€124k
Profit (loss) for the period to be appropriated9905€68k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€2k▼
Profit (loss) brought forward from the previous period14P€10k€10k=
Transfer to equity691/2€68k€2k▼
To other reserves6921€68k€2k▼
Social balance
Average headcount (FTE)90871.51.8▲
The notes to these accounts (8 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
31-03
Financial
Highest result since 2019net €111k ▲64.7%
Operating result €188k, net result €111k, both a record.
31-03
Financial
Liquidity quadruplescurrent ratio 5.37
Current ratio from 1.29 to 5.37; short-term debt falls from €509k to €59k.
2024
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 24 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
31-03
Financial
Back to profitnet €107k
Net result €107k after one loss-making year.
31-03
Financial
Equity above €200kEq €235k ▲84%
Equity rises from €128k to €235k.
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-94k ▼219%
Net result drops to €-94k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 4.47
Current ratio from 1.83 to 4.47; short-term debt falls from €237k to €70k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
14-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Antwerpen · 1 establishment unit since 2012
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.
Gijzelaarsstraat 272000 AntwerpenGround area
560 m²
Building footprint
300 m²
Parcel 11811L3708/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Midnightcoffee
since 20122.242.790.448
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3708/00K000 | Flanders | 560 m² | 1 · 300 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.
Similar companies · same sector, comparable size
TMAB Business Events
BE 0467.127.353
Londerzeel · Eq €461k
Bifurcation
BE 0781.729.631
Anderlecht · Eq €464k
TEMPORA
BE 0465.174.782
Vorst · Eq €464k
FAIRPAK
BE 0653.774.951
Mons · Eq €458k
Bouwinnovatie
BE 0423.082.326
Hasselt · Eq €468k
Of 4,572 companies in sector 82300 we hold annual accounts for 1,671. 997 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2008
Fiscal year end31-03
Activities, NACEBEL
82300Organisation of conventions and trade shows
68203Renting and operating of own or leased non-residential real estate, excluding land
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
79110Travel agency activities
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
94110Activities of business and employers' organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.