Equity
New Cafetaria paid out €190,000 in dividends. That is 86% of the 2024 profit.
New Cafetaria paid out €190,000 in dividends. That is 86% of the 2024 profit.
The result rose in 2024: different schema filed.
Debts rose by €181,151 in 2024. A dividend stands under other debts on the balance sheet date until it is paid.
Short-term debts rose from €173,776 to €352,878.
2025 accounts not filed: deadline was 31-07-2026.
The dashed line is the sector median: 1.8% across 23,779 companies (NACE 56, micro).
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
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 41% of them on solvency, 28% on liquidity, 93% on profitability and 89% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% 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).
In July 2024, 6,713 companies had the same profile as New Cafetaria has now. Each dot stands for 17 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of New Cafetaria itself is higher: 10.4% within 12 months. It rests on far more data about New Cafetaria than the profile alone.
The method was tested on the 497,446 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 6,713 companies, not a prediction for New Cafetaria. 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.
Liquidity is insufficient, with a current ratio of 0.89 (0.3 in 2023), below 1. Short-term debt is 80% and cash 21.4% of total assets. 80.5% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 225 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.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| New Cafetaria Châtelet | €440,967 | €554,068 | 19.5% | - |
| LE LUXEMBOURG Charleroi | €409,678 | €574,522 | 16.0% | 8.8 |
| BK RIVE Charleroi | €425,500 | €504,974 | -27.3% | 9 |
| R&F PRIME Mons | €378,713 | €518,107 | 63.4% | - |
| GROUPE ANTICA Boussu | €509,999 | €598,656 | 4.9% | - |
| FRIT'HOUSE'L2 Rumes | €454,273 | €474,521 | 41.1% | 4.2 |
| FRIT FLAGEY Uccle | €435,182 | €564,924 | 4.7% | 3.4 |
These companies have the same main activity as New Cafetaria: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €379,000 and €510,000, founded between 2016 and 2018.
New Cafetaria files the micro format. That format states no turnover. The gross margin rose from €133,056 in 2017 to €554,068 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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