Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KAFA from Malmedy, company number BE0881223026, closed financial year 2025 with a result of € 1,361 after tax. For that financial year KAFA recorded a gross margin of € 125,405 and equity of € -7,242. Compared with financial year 2024, the result moved from € -16,687 to € 1,361. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 7, 2026.
€ -7,242
▲ € 1,361 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,361
▲ still € 16,687 loss in 2024
Profit after tax over the fiscal year.
€ 8,582
▲ 53% 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 € -13,442.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 105,963
▲ 38% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,529
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 20,604
▲ 228% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,843
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 85,820 | € 124,908 | € 75,512 | € 125,405 | ▲ 66% |
| Profit after taxes | € -28,548 | € 21,530 | € -16,687 | € 1,361 | ▲ € 18,048 |
| Equity | € 273 | € 11,802 | € -8,603 | € -7,242 | ▲ € 1,361 |
| Total debts | € 90,371 | € 89,313 | € 47,785 | € 56,447 | ▲ 18% |
| Cash | € 4,611 | € 8,262 | € 5,598 | € 8,582 | ▲ 53% |
| Land & buildings | - | € 1,440 | € 1,115 | € 1,723 | ▲ 55% |
| Retained profit | € -5,927 | € 5,602 | € -14,803 | € -13,442 | ▲ € 1,361 |
| Dividend | € 0 | € 10,000 | € 3,719 | € 0 | ▼ 100% |
| Balance sheet total | € 90,644 | € 101,115 | € 39,182 | € 49,205 | ▲ 26% |
Key figures of KAFA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to KAFA?
What happened at KAFA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,361. Source: NBB ↗
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,548 loss in 2022 to € 1,361 profit in 2025.
Paid € 1,454 in corporate taxes since 2022.
Best year ever: 2023, with € 21,530 profit.
Paid out € 13,719 in dividends to the owners in total.
Management
Behind KAFA is Farouk Yildirim.
Directors
According to the 2025 annual accounts
Farouk Yildirim
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Place Albert Ier 24
4960 Malmedy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.223.026
- VAT number
- BE 0881.223.026
- Registered office
- Place Albert Ier 24, 4960 Malmedy
- Names & denominations
- KAFA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2006
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Uitzendkoks en verzorgen van feesten en recepties
Catering van evenementen