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PROCAF

Active
Private limited company (pre-2019)founded 2010active for 15 yearsHeirbaan 10, 1830 Machelen (Brab.), BelgiumKBO/BCE: BE 0831.490.829
Summary

The computed 12-month bankruptcy probability of PROCAF is 4.5% (elevated). The 2024 annual accounts show equity of €43,092 and a net result of -€1,458. Equity has been stable since 2018 (±1% per year). Its solvency ranks better than 95% of 18,734 sector peers (NACE 56, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-11-2010 Normal situation
Activity
Cafés and bars NACE 56301and 2 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2020
Establishment unit
2.194.021.521 1830 Machelen (Brab.), since 15-12-2010
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board
  • COX PatrickDirector · since 30-11-2010
  • VAN CAUTER ChristianDirector · since 30-11-2010

Financial position

39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.5%
Annual accounts 2024
Gross margin
€109
Turnover
≈ €1,100
estimated
Loss
€1,458
▼ 81.7%
Equity
€43,092
▼ 3.3%
Total assets
€46,890
▼ 17.6%
  • 2025 accounts not filed, 94 days past the deadline
Filed on 25-11-2025
Score breakdownraises riskLiquidity: current ratio 11.43, cash €2Figures for financial year 2024 (filed on 28-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 117 days late; 3 of the last 3 accounts latelowers riskFounded in 2010Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 51% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2023
Average
Solvency 100=
equity 91.9% of total assets
Liquidity 50+6
short-term debt 8.1% · cash 0.0%
Profitability 15+14
return on assets -3.1%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 5.6% 01-2025: 8.5%▲ +2.9 percentage points vs 12-2024 02-2025: 8.5%● unchanged vs 01-2025 03-2025: 8.7%▲ +0.2 percentage points vs 02-2025 04-2025: 8.0%▼ -0.7 percentage points vs 03-2025 05-2025: 8.0%● unchanged vs 04-2025 06-2025: 8.0%● unchanged vs 05-2025 07-2025: 8.0%● unchanged vs 06-2025 08-2025: 9.8%▲ +1.8 percentage points vs 07-2025 09-2025: 9.8%● unchanged vs 08-2025 10-2025: 10.7%▲ +0.9 percentage points vs 09-2025highest value 11-2025: 10.7%● unchanged vs 10-2025highest value 12-2025: 3.5%▼ -7.2 percentage points vs 11-2025 01-2026: 3.6%▲ +0.1 percentage points vs 12-2025 02-2026: 3.6%● unchanged vs 01-2026 03-2026: 3.3%▼ -0.3 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.2%▼ -0.1 percentage points vs 04-2026 06-2026: 3.0%▼ -0.2 percentage points vs 05-2026 07-2026: 2.6%▼ -0.4 percentage points vs 06-2026lowest value 08-2026: 3.3%▲ +0.7 percentage points vs 07-2026 09-2026: 3.6%▲ +0.3 percentage points vs 08-2026 10-2026: 4.5%▲ +0.9 percentage points vs 09-2026 11-2026: 4.5%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 11.43 (4.43 in 2023), above the usual 1.5. Short-term debt is 8.1% and cash 0% of total assets. 8.1% of the assets are financed with debt and provisions.
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 94% of them on solvency, 51% on liquidity, 23% on profitability and 37% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 11.43, cash €2
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 28-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 117 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€1,458
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 117 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-11-2025, 117 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
117 days late
2023
482 days late
2022
58 days late
2021
281 days late
2020
279 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 218 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2024 -€1,458 View
  • Positive: Higher solvency than 95% of companies in food and beverage servicesector median 29.2% · 18,734 companies 91.9% View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as PROCAF: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €43,900 and €52,200, founded between 2009 and 2012.

CompanyTotal assetsGross margin
PROCAF Machelen (Brab.)€46,890€109
HET ©ONCEPT Londerzeel€46,892-€7,811
M.N.B. Vorst€46,008€372
VIA VIA JOKERREISCAFE XV,BRUSSEL Ganshoren€49,515-€332
GELATI FRATELLI Waregem€43,858-€18,329
HOME BAR Elsene€47,627-€46,668
'T FABRIEKJE Poperinge€52,162€99
Full comparison

Key facts about PROCAF

What is the company number of PROCAF?
The company number of PROCAF is 0831.490.829. The VAT number is the same number with BE in front: BE 0831.490.829.
Where is PROCAF based?
The registered office is at Heirbaan 10, 1830 Machelen (Brab.).Company details
What does PROCAF do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of PROCAF?
The legal form of PROCAF is Private limited company (pre-2019) (BVBA).
When was PROCAF founded?
PROCAF was founded on 30-11-2010.
Is PROCAF still active?
Yes, PROCAF is an active enterprise in the KBO register.
How many employees does PROCAF have?
PROCAF had an average of 1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
Which joint committee does PROCAF fall under?
In its 2020 annual accounts, PROCAF states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of PROCAF?
The turnover in financial year 2024 is ≈ €1,100. This figure is estimated from the gross margin of €109 and 101 comparable companies (NACE 56301). It probably lies between €550 and €2,400. It is a rough estimate.
Is PROCAF profitable?
In financial year 2024, PROCAF made a loss of €1,458.
Where can I find the annual accounts of PROCAF?
PROCAF filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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