MOKAFINA
ActiveMOKAFINA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.66M and a net result of €864k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 38% of 4828 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+1
Solvency59▼-4
Growth77▲+12
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.62 in 2024; short-term debt: 45.6% and cash: 2.5% of total assets), and 65.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
34.5%
Return on assets
18%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
1 d early
2023
34 d early
2022
31 d late
2021
31 d late
2020
16 d early
2019
39 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€12.26M▲ 40.0%
2024 · €8.76M
2022: €8.45M
2023: €7.97M
2024: €8.76M
2022 → 2025
EBIT margin
7.8%▼ 0.1pp
2024 · 7.9%
2022: 1.3%
2023: 2.1%
2024: 7.9%
2022 → 2025
Net result
€864k▲ 46.5%
2024 · €590k
2018: €64k
2019: €25k
2020: €24k
2021: €60k
2022: €63k
2023: €101k
2024: €590k
2018 → 2025
Working capital
€829k▼ 2.8%
2024 · €852k
2018: €546k
2019: €269k
2020: €374k
2021: €936k
2022: €512k
2023: €1.12M
2024: €852k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€8.45M€7.97M▼ 5.7%€8.76M▲ 9.9%€12.26M▲ 40.0%
Equity€1.29M-€1.35M▲ 4.9%€1.45M▲ 7.5%€1.54M▲ 6.2%€1.66M▲ 7.4%
Operating result€243k-€114k▼ 53.2%€164k▲ 43.9%€694k▲ 323%€957k▲ 37.9%
Net result€60k-€63k▲ 4.8%€101k▲ 59.3%€590k▲ 485%€864k▲ 46.5%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.81M
Fixed assets
€1.78M▼ 0.8%
Current assets
€3.02M▲ 35.4%
Equity and liabilities €4.81M
Equity
€1.66M▲ 7.4%
Debt
€3.15M▲ 26.7%
The debt ratio rises from 61.7% to 65.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.48M▲
2024 · €1.22M
Cash flow
€1.39M▲
2024 · €1.11M
Solvency
34.5%▼
2024 · 38.3%
Current ratio
1.38▼
2024 · 1.62
Quick ratio
0.71▼
2024 · 0.81
Debt / equity
1.90▲
2024 · 1.61
ROE
52.1%▲
2024 · 38.2%
ROA
18.0%▲
2024 · 14.6%
Interest coverage
24.54▲
2024 · 21.66
Debt
€3.15M▲
2024 · €2.49M
Debt ≤ 1 year
€2.19M▲
2024 · €1.38M
Debt > 1 year
€955k▼
2024 · €1.11M
Income taxes
€41k▼
2024 · €53k
Staff costs
€1.12M▲
2024 · €1.05M
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€4.03M€4.81M▲
Fixed assets21/28€1.80M€1.78M▼
Intangible fixed assets21€60k€46k▼
Tangible fixed assets22/27€1.73M€1.73M=
Plant, machinery and equipment23€853k€846k▼
Furniture and vehicles24€70k€38k▼
Other tangible fixed assets26€808k€847k▲
Financial fixed assets28€7k€7k▼
Current assets29/58€2.23M€3.02M▲
Stocks and contracts in progress3€1.11M€1.46M▲
Stocks30/36€1.11M€1.46M▲
Amounts receivable within one year40/41€952k€1.41M▲
Trade receivables40€854k€1.33M▲
Other amounts receivable41€98k€82k▼
Cash at bank and in hand54/58€141k€121k▼
Deferred charges and accrued income490/1€25k€29k▲
Equity and liabilities
Total equity and liabilities10/49€4.03M€4.81M▲
Equity10/15€1.54M€1.66M▲
Contributions10/11€640k€640k=
Capital10€640k€640k=
Issued capital100€640k€640k=
Reserves13€64k€64k=
Non-distributable reserves130/1€64k€64k=
Legal reserve130€64k€64k=
Profit (loss) carried forward14€839k€953k▲
Amounts payable17/49€2.49M€3.15M▲
Amounts payable after more than one year17€1.11M€955k▼
Financial debts170/4€634k€532k▼
Other amounts payable178/9€473k€423k▼
Amounts payable within one year42/48€1.38M€2.19M▲
Current portion of amounts payable after more than one year42€294k€351k▲
Trade debts44€446k€816k▲
Suppliers440/4€446k€816k▲
Taxes, remuneration and social security45€131k€145k▲
Taxes450/3€23k€40k▲
Remuneration and social security454/9€107k€105k▼
Other amounts payable47/48€508k€881k▲
Income statement
Code20242025
Turnover70€8.76M€12.26M▲
Non-recurring operating income76A€13k€52k▲
Goods, raw materials, services and sundry goods60/61€6.50M€9.69M▲
Remuneration, social security and pensions62€1.05M€1.12M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€525k€528k▲
Other operating charges640/8€38k€48k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€2.30M€2.65M▲
Operating profit (loss)9901€694k€957k▲
Financial income75/76B€5k€9k▲
Recurring financial income75€5k€9k▲
Financial charges65/66B€56k€60k▲
Recurring financial charges65€56k€60k▲
Profit (loss) for the period before taxes9903€643k€905k▲
Income taxes67/77€53k€41k▼
Profit (loss) for the period9904€590k€864k▲
Profit (loss) for the period to be appropriated9905€590k€864k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.34M€1.70M▲
Profit (loss) brought forward from the previous period14P€749k€839k▲
Profit to be distributed694/7€500k€750k▲
Directors or managers695€500k€750k▲
Social balance
Average headcount (FTE)908714.914.8▼
The notes to these accounts (24 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €864k ▲46.5%
Operating result €957k, net result €864k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €24k ▼1%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 39 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-06
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
10 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, Wijnegem · 1 establishment unit since 1991
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.
Simon De Heuvellaan 22110 WijnegemGround area
5,007 m²
Building footprint
1,843 m²
Volume, LiDAR
14,879 m³
Parcel 11050A0154/00K000, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MOKAFINA
since 19912.053.333.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0154/00K000 | Flanders | 5,006 m² | 1 · 1,843 m² | 11.2 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 66,173 EUR awarded · 64,911 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 22,029 EUR | 20,767 EUR |
| 2024 | 1 | 17,502 EUR | 17,502 EUR |
| 2023 | 1 | 11,397 EUR | 11,397 EUR |
| 2022 | 1 | 15,245 EUR | 15,245 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWijnegem2.053.333.414
Legal Entity Identifier
894500NYJYF2702V0223
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Of 231 companies in sector 10830 we hold annual accounts for 113. 61 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-03-1991
Fiscal year end31-12
Activities, NACEBEL
10830Manufacture of food products
15860
46370Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 35 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.
General meetings
1 convocationExtraordinary general meeting
Agenda
1. Goedkeuring jaarrekening. 2. Bestemming resul- taat. 3. Kwijting bestuurders. 4. Statutaire benoemingen. 5. Rondvraag. Zich schikken naar de statuten. (80267) Kama, naamloze vennootschap, Waalse Kaai 57-58, 2000 Antwerpen BTW 422.843.487 — RPR Antwerpen De aandeelhouders worden uitgenodigd tot de jaarvergadering die zal gehouden worden op 28.06.2005, om 16 uur, op de maatschappelijke zetel. — Agenda : 1. Verslag van de bestuurders. 2. Goedkeuring jaar- rekening. 3. Kwijting aan bestuurders. 4. Rondvraag. Om toegelaten te worden zich schikken naar artikel 25 van de statuten. (80268) Kordekor, naamloze vennootschap, Vierschaarstraat 8, 8500 Kortrijk BTW 405.344.885 — RPR Kortrijk Jaarvergad ...