Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
KAFIJAMA from Menen, company number BE0480100411, closed financial year 2025 with a result of € 3,910 after tax. For that financial year KAFIJAMA recorded a gross margin of € 55,282 and equity of € 191,509. Compared with financial year 2024, the result moved from € -85 to € 3,910. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 191,509
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,910
▲ still € 85 loss in 2024
Profit after tax over the fiscal year.
€ 11,307
▲ € 8,845 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 45,009.
People and assets in 2025
€ 124
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 341,734
▼ 7% vs 2024
€ 33,173 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 128
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,908
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,454 | € 41,940 | € 49,045 | € 55,282 | ▲ 13% |
| Profit after taxes | € 8,045 | € 3,616 | € -85 | € 3,910 | ▲ € 3,995 |
| Equity | € 184,067 | € 187,683 | € 187,598 | € 191,509 | ▲ 2% |
| Total debts | € 325,505 | € 306,286 | € 497,654 | € 472,077 | ▼ 5% |
| Cash | € 384 | € 4,391 | € 2,462 | € 11,307 | ▲ € 8,845 |
| Land & buildings | € 410,422 | € 391,286 | € 674,755 | € 646,991 | ▼ 4% |
| Retained profit | € 37,567 | € 41,183 | € 41,098 | € 45,009 | ▲ 10% |
| Bank debt | € 240,773 | € 214,414 | € 368,584 | € 341,734 | ▼ 7% |
| Balance sheet total | € 509,572 | € 493,969 | € 685,252 | € 663,586 | ▼ 3% |
Key figures of KAFIJAMA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KAFIJAMA?
What happened at KAFIJAMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martine Butaeye stepped down as director. NBB
- Karin Vandelanotte stepped down as director. NBB
- Jan Nevejans stepped down as director. NBB
- Filip Nevejans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3,910. Source: NBB ↗
- Martine Butaeye became a director. NBB
- Karin Vandelanotte became a director. NBB
- Jan Nevejans became a director. NBB
In short
From € 8,045 profit in 2022 to € 3,910 profit in 2025.
Paid € 7,356 in corporate taxes since 2022.
Best year ever: 2022, with € 8,045 profit.
Management
Directors
According to the 2025 annual accounts
Martine Butaeye
Director
since 2023 · until 2029
Karin Vandelanotte
Director
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Grondwetstraat 158
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.100.411
- VAT number
- BE 0480.100.411
- Registered office
- Grondwetstraat 158, 8930 Menen
- Names & denominations
- KAFIJAMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2003
- Peppol
- Not registered