Equity
€222,916 from €1.5m in 2010
Equity fell by 85% in 15 years.
NATURAL CAFFè
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €421,158 (2010)
€249,763▼ 30.7%
lowest -€716,700 (2017)
€1,282▼ 99.1%
peak €1.5m (2010)
€222,916▲ 0.6%
€182,541▲ 22.6%
peak 13.4 FTE (2013)
-not published
Board7 names since 2017
1 directorRodolphe RENWART
Owners
Documentsfilings and deeds
22-09-202653 days late
2025abbreviated format
Gross margin from €360,339 to €249,763Result from €142,232 to €1,282Resignation: Thomas Delaval (director) 17-06Debts from €148,906 to €182,541Cash from €13,673 to €7,461
Key points
from the 2025 annual accountsResult
€1,282 ▼ 99.1%
The result fell in 2025: different schema filed.
Staff
8.7 FTE from 13.4 in 2013
Between 2013 and 2025, 35% of the full-time equivalents disappeared.
2025 accounts filed 53 days after the deadline
Checked score
55
Fair
Financially stronger than 45% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.1%
01-2025: 3.0%▼ -0.1 percentage points vs 12-2024
02-2025: 3.0%● unchanged vs 01-2025
03-2025: 3.0%● unchanged vs 02-2025
04-2025: 3.1%▲ +0.1 percentage points vs 03-2025
05-2025: 3.6%▲ +0.5 percentage points vs 04-2025
06-2025: 3.5%▼ -0.1 percentage points vs 05-2025
07-2025: 3.5%● unchanged vs 06-2025
08-2025: 4.1%▲ +0.6 percentage points vs 07-2025
09-2025: 4.9%▲ +0.8 percentage points vs 08-2025highest value
10-2025: 2.7%▼ -2.2 percentage points vs 09-2025
11-2025: 2.8%▲ +0.1 percentage points vs 10-2025
12-2025: 3.4%▲ +0.6 percentage points vs 11-2025
01-2026: 1.7%▼ -1.7 percentage points vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.6%▼ -0.1 percentage points vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 2.0%▲ +0.4 percentage points vs 07-2026
09-2026: 2.2%▲ +0.2 percentage points vs 08-2026
10-2026: 1.5%▼ -0.7 percentage points vs 09-2026lowest value
11-2026: 1.7%▲ +0.2 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 53 days late; 2 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
Liquidity: current ratio 1.11, cash €7,461
lowers risk
Founded in 2003
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 72% of them on solvency, 31% on liquidity, 36% on profitability and 42% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as NATURAL CAFFè has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NATURAL CAFFè itself is higher: 1.7% within 12 months. It rests on far more data about NATURAL CAFFè than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for NATURAL CAFFè. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11 (1.4 in 2024), below the usual 1.5. Short-term debt is 35.4% and cash 1.8% of total assets. 45% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
53 days late
2024
119 days late
2023
26 days early
2022
70 days late
2021
78 days late
2020
88 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 72 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 October (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
New establishment in Brussels
Infante Isabellastraat 15
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0860477201
Resignation: Thomas Delaval (director)
General meeting of 26-12-2024 · Gazette deed
Amendment of the articles · Resignations & appointments
Reappointments: Rodolphe RENWWART, Thomas DELAVAL and Rodolphe RENWART (managing director) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NATURAL CAFFè Ixelles | €405,458 | €249,763 | 55.0% | - |
| ORCHID CONSULT Auderghem | €447,568 | €205,769 | 18.4% | - |
| M 126 Merelbeke-Melle | €377,014 | €249,312 | 16.8% | - |
| SNACK ISTANBUL Ternat | €380,617 | €245,991 | 74.5% | - |
| GÔK'S 2 Ghent | €433,859 | €222,367 | 64.4% | - |
| MMC Bredene | €361,951 | €271,945 | 39.0% | 2.5 |
| Gate21 Projects Leuven | €363,895 | €279,165 | 16.0% | 7.3 |
These companies have the same main activity as NATURAL CAFFè: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €362,000 and €448,000, founded between 2002 and 2005.
Official details
Source: KBO- Status
- Active since 15-09-2003Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 2023
- Establishment units
- 2.191.938.6921050 Ixelles, since 01-09-2010
- 2.396.204.6581000 Brussels, since 01-05-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 21-12-2025
Insights on NATURAL CAFFè
NATURAL CAFFè files the abbreviated format. That format states no turnover. The gross margin rose from €172,027 in 2006 to €249,763 in 2025.
In November 2023, the Official Gazette published the appointment of Rodolphe RENWART as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NATURAL CAFFè
- What is the company number of NATURAL CAFFè?
- The company number of NATURAL CAFFè is 0860.477.201. The VAT number is the same number with BE in front: BE 0860.477.201.
- Where is NATURAL CAFFè based?
- The registered office is at Louizalaan 196, 1050 Ixelles.Company details
- What does NATURAL CAFFè do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of NATURAL CAFFè?
- NATURAL CAFFè is a public limited company (NV).
- When was NATURAL CAFFè founded?
- NATURAL CAFFè was founded on 15-09-2003.
- Is NATURAL CAFFè still active?
- Yes, NATURAL CAFFè is an active enterprise in the KBO register.
- How many employees does NATURAL CAFFè have?
- NATURAL CAFFè had an average of 8.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NATURAL CAFFè fall under?
- In its 2023 annual accounts, NATURAL CAFFè states joint committee 302 (Hotels and catering).
- What is the turnover of NATURAL CAFFè?
- The turnover in financial year 2025 is ≈ €780,000. This figure is estimated from the gross margin of €249,763 and 97 comparable companies (NACE 56112). It probably lies between €590,000 and €970,000. In financial year 2024 turnover was €813,877.
- Is NATURAL CAFFè profitable?
- In financial year 2025, NATURAL CAFFè made a profit of €1,282.
- Where can I find the annual accounts of NATURAL CAFFè?
- NATURAL CAFFè filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NATURAL CAFFè due?
- NATURAL CAFFè must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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