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REEF CAFÉ

Active
Private limited companyfounded 2003active for 23 yearsKoninginlaan 77, 8370 Blankenberge, BelgiumKBO/BCE: BE 0479.853.060
Summary

REEF CAFÉ has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,143 and a net result of €13,054. Equity has been shrinking by about 10% per year since 2018. Its solvency ranks better than 60% of 4,798 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 26-03-2003 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
Establishment units
2.126.560.989 8370 Blankenberge, since 03-04-2003
2.387.513.458 8370 Blankenberge, since 01-03-2026
Financial year end
31 December
Peppol
Reachable since 26-05-2025

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€361,611
▲ 8.8%
Turnover
≈ €1.0m
estimated
Profit
€13,054
▲ 253%
Equity
€74,143
▲ 21.4%
Total assets
€188,703
▼ 11.6%
Employees on 31-12-2025
1
=
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: 12.7 FTE, total assets €188,703Liquidity: current ratio 0.91, cash €2,776, halvedlowers riskFounded in 2003Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 54% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 64+10
equity 39.3% of total assets
Liquidity 23-14
short-term debt 56.9% · cash 1.5%
Profitability 77+6
return on assets 6.9%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)
Last 24 months 12-2024: 2.4% 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.1 percentage points vs 03-2025 05-2025: 2.4%▼ -0.1 percentage points vs 04-2025 06-2025: 2.3%▼ -0.1 percentage points vs 05-2025 07-2025: 2.7%▲ +0.4 percentage points vs 06-2025 08-2025: 3.5%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 0.6%▼ -2.9 percentage points vs 08-2025lowest value 10-2025: 0.6%● unchanged vs 09-2025lowest value 11-2025: 0.6%● unchanged vs 10-2025lowest value 12-2025: 0.6%● unchanged vs 11-2025lowest value 01-2026: 0.6%● unchanged vs 12-2025lowest value 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.91 (0.71 in 2024), below 1. Short-term debt is 56.9% and cash 1.5% of total assets. 60.7% 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, small). It does better than 64% of them on solvency, 13% on liquidity, 64% on profitability and 74% on growth.

The bankruptcy probability was computed on 02-11-2026 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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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 2003
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 · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: 12.7 FTE, total assets €188,703
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.91, cash €2,776, halved
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €74,143
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
28 days late
2023
85 days early
2022
4 days early
2021
9 days late
2020
72 days early
2019
78 days early
← 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 29 days before 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 28 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Change of role: Sven Vermoortele, from manager to director
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as REEF CAFÉ: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €141,000 and €255,000, founded between 1996 and 2009.

CompanyTotal assetsGross margin
REEF CAFÉ Blankenberge€188,703€361,611
DELI VELDSTRAAT Gent€247,867€420,789
FOOD INVEST COMPANY La Louvière€254,555€538,313
LAVANYA Elsene€229,862€568,944
H. MAD Brussel€218,899€366,806
MAASEIK BSS Maaseik€141,459€347,963
DOMINO Antwerpen€163,734€502,182
Full comparison

Key facts about REEF CAFÉ

What is the company number of REEF CAFÉ?
The company number of REEF CAFÉ is 0479.853.060. The VAT number is the same number with BE in front: BE 0479.853.060.
Where is REEF CAFÉ based?
The registered office is at Koninginlaan 77, 8370 Blankenberge.Company details
What does REEF CAFÉ 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 REEF CAFÉ?
The legal form of REEF CAFÉ is Private limited company (BV).
When was REEF CAFÉ founded?
REEF CAFÉ was founded on 26-03-2003.
Is REEF CAFÉ still active?
Yes, REEF CAFÉ is an active enterprise in the KBO register.
How many employees does REEF CAFÉ have?
REEF CAFÉ had an average of 12.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of REEF CAFÉ?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €361,611 and 36 comparable companies (NACE 56112). It probably lies between €860,000 and €1.1m.
Is REEF CAFÉ profitable?
In financial year 2025, REEF CAFÉ made a profit of €13,054.
Where can I find the annual accounts of REEF CAFÉ?
REEF CAFÉ filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of REEF CAFÉ due?
REEF CAFÉ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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