KAFFA
ActiveSummary
KAFFA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €-3k. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+60
Solvency37▼-1
Growth22=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.01 in 2024; short-term debt: 87.7% and cash: 1.4% of total assets), and 87.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.2%
Return on assets
-0.6%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d late
2023
46 d early
2022
3 d late
2021
2 d early
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€156k▼ 15.8%
2019 · €185k
2019: €185k
2019 → 2020
EBIT margin
5.7%▼ 7.5pp
2019 · 13.2%
2019: 13.2%
2019 → 2020
Net result
€-3k▲ 93.3%
2024 · €-45k
2019: €20k
2020: €10k
2021: €291
2022: €-21k
2023: €-22k
2024: €-45k
2019 → 2025
Working capital
€-445k▲ 0.3%
2024 · €-446k
2019: €-500k
2020: €-531k
2021: €-471k
2022: €-453k
2023: €-438k
2024: €-446k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€136k▼ 13.2%€114k▼ 16.2%€69k▼ 39.5%€66k▼ 4.3%
Operating result€-2k-€-20k▼ 1,247%€-22k▼ 7.8%€-45k▼ 105%€-2k▲ 94.5%
Net result€291-€-21k€-22k▼ 6.8%€-45k▼ 104%€-3k▲ 93.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €45k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €543k
Fixed assets
€512k ▼ 0.9%
Current assets
€31k ▲ 1,079%
Equity and liabilities €543k
Equity
€66k ▼ 4.3%
Provisions
€914 ▼ 15.9%
Debt
€476k ▲ 6.0%
Debt's share of the balance-sheet total rises from 86.5% to 87.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▲
2024 · €-7k
Cash flow
€3k▲
2024 · €-7k
Current ratio
0.07▲
2024 · 0.01
Debt to equity
7.21▲
2024 · 6.50
ROE
-4.5%▲
2024 · -65.3%
ROA
-0.6%▲
2024 · -8.7%
Interest coverage
6.66▲
2024 · -10.19
Debt ≤ 1 year
€476k▲
2024 · €449k
Income taxes
€175▲
2024 · €166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€519k€543k▲
Fixed assets21/28€516k€512k▼
Tangible fixed assets22/27€516k€512k▼
Land and buildings22€514k€510k▼
Plant, machinery and equipment23€2k€2k▼
Financial fixed assets28€25€25=
Current assets29/58€3k€31k▲
Amounts receivable within one year40/41€495€495=
Trade receivables40€495€495=
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1€523€23k▲
Equity and liabilities
Total equity and liabilities10/49€519k€543k▲
Equity10/15€69k€66k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€16k€15k▼
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Tax-exempt reserves132€12k€11k▼
Distributable reserves133€0-
Profit (loss) carried forward14€-8k€-11k▼
Provisions and deferred taxes16€1k€914▼
Deferred taxes168€1k€914▼
Amounts payable17/49€449k€476k▲
Amounts payable within one year42/48€449k€476k▲
Trade debts44€347€14k▲
Suppliers440/4€347€14k▲
Taxes, remuneration and social security45€379€582▲
Taxes450/3€379€582▲
Other amounts payable47/48€448k€462k▲
Accrued charges and deferred income492/3€115€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€6k▼
Other operating charges640/8€7k€4k▼
Gross operating margin9900€29€8k▲
Operating profit (loss)9901€-45k€-2k▲
Financial income75/76B€0€51▲
Recurring financial income75€0€51▲
Financial charges65/66B€695€561▼
Recurring financial charges65€695€561▼
Profit (loss) for the period before taxes9903€-46k€-3k▲
Transfer from deferred taxes780€944€172▼
Income taxes67/77€166€175▲
Profit (loss) for the period9904€-45k€-3k▲
Transfer from tax-exempt reserves789€6k€517▼
Profit (loss) for the period to be appropriated9905€-39k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-11k▲
Profit (loss) brought forward from the previous period14P-€-8k
Transfer from equity791/2€31k€0▼
The notes to these accounts (9 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
24-09
State Gazette act
Reappointments: Eddy Sesoye (director) and Anita Van Looy (director)Registered-office move5 facts ▸
State Gazette act
Reappointments: Eddy Sesoye (director) and Anita Van Looy (director)
Registered-office move5 facts ▸
- Registered-office move, Troon 2 bus 0008, 2280 Grobbendonk
- Board meeting, 14-09-2026
- Director reappointment, Eddy Sesoye (director)
- Director reappointment, Anita Van Looy (director)
- General meeting, 14-09-2026
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
31-03
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Equity above €150kEq €154k ▲6.7%
2 profitable years in a row build equity to €154k.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
Anita Van Looy
CurrentDirector · since 25-04-2025
Eddy Sesoye
CurrentDirector · since 25-04-2025
25-04-2025
Anita Van Looy: Mandate renewed as Director
25-04-2025
Eddy Sesoye: Mandate renewed as Director
Location & real-estate footprint
Registered office, Grobbendonk · 1 establishment unit since 1995
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.
Troon 22280 GrobbendonkGround area
382 m²
Building footprint
219 m²
Volume, LiDAR
1,635 m³
Parcel 38008A1251/00A000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KAFFA
since 19952.070.070.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38008A1251/00A000 | Flanders | 382 m² | 1 · 219 m² | 11.8 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.
Similar companies · same sector, comparable size
ROCK & ROELL EXPERIENCE
BE 0775.911.017
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La Cantina
BE 0791.620.166
Antwerpen · Eq €66,049
WYNDONCK
BE 0746.598.310
Berlaar · Eq €66,061
EntyWay
BE 1006.028.966
Putte · Eq €65,961
FiBaMiSh
BE 0727.812.180
Lievegem · Eq €66,084
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,208 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-01-1995
Fiscal year end31-03
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
10830Manufacture of food products
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.