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47 SRL

Active
Private limited companyfounded 2023active for 3 yearsGrand-Rue 47, 6700 Arlon, BelgiumKBO/BCE: BE 0801.253.454
Summary

The computed 12-month bankruptcy probability of 47 SRL is 2.9% (moderate). The annual accounts of 47 SRL for financial year 2025 show a net loss of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €8,049 and a net result of -€18,671. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 26% of 16,350 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00435824.

Equity
€8,049▼ 75.4%
2024 · €32,719
Total assets
€539,601▼ 3.7%
2024 · €560,065
Net result
-€18,671
2024 · €34,526
Working capital
-€257,730▲ 21.1%
2024 · -€326,693
Trend over the years

2023 to 2025, 3 financial years

The operating result turns negative in 2025: a loss of €20,621 after €41,471 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€20,621 2025 Net result-€18,671 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result-€22,466-€41,471-€20,621
Net result-€24,308below the sector's middle half-€34,526above the sector's middle half-€18,671below the sector's middle half
Equity€10,178within the sector's middle half-€32,719within the sector's middle half▲ 221%€8,049within the sector's middle half▼ 75.4%
Total assets€493,433above the sector's middle half-€560,065above the sector's middle half▲ 13.5%€539,601above the sector's middle half▼ 3.7%
Debt€483,255-€527,345▲ 9.1%€531,552▲ 0.8%
Working capital-€282,120below the sector's middle half--€326,693below the sector's middle half▼ 15.8%-€257,730below the sector's middle half▲ 21.1%
Solvency2.1%within the sector's middle half-5.8%within the sector's middle half▲ 3.8pp1.5%within the sector's middle half▼ 4.4pp
Current ratio0.13below the sector's middle half-0.14below the sector's middle half▲ 0.010.19below the sector's middle half▲ 0.05
Return on assets (ROA)-4.9%within the sector's middle half-6.2%within the sector's middle half▲ 11.1pp-3.5%within the sector's middle half▼ 9.6pp
Staff (FTE)3.75▲ 35.1%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €539,601
Fixed assets €478,255 ▼ 5.4%
Current assets €61,346 ▲ 12.7%
Equity and liabilities €539,601
Equity €8,049 ▼ 75.4%
Debt €531,552 ▲ 0.8%
Debt's share of the balance-sheet total rises from 94.2% to 98.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,782▼
2024 · €83,459
Cash flow
€26,732▼
2024 · €76,515
Quick ratio
0.14▲
2024 · 0.11
Debt to equity
66.04▲
2024 · 16.12
ROE
-232.0%▼
2024 · 105.5%
Interest coverage
2.68▼
2024 · 8.68
Debt ≤ 1 year
€319,075▼
2024 · €381,121
Debt > 1 year
€212,477▲
2024 · €146,225
Income taxes
-€413▼
2024 · €3,010
Staff costs
€112,316▲
2024 · €43,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,301 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 92.6% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
92.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,301 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€560,065€539,601▼
Fixed assets21/28€505,637€478,255▼
Tangible fixed assets22/27€505,637€478,255▼
Land and buildings22€459,368€431,604▼
Furniture and vehicles24€46,270€46,652▲
Current assets29/58€54,427€61,346▲
Stocks and contracts in progress3€10,608€16,152▲
Stocks30/36€10,608€16,152▲
Amounts receivable within one year40/41€1,130€14,143▲
Trade receivables40-€14,143
Other amounts receivable41€1,130-
Cash at bank and in hand54/58€41,128€29,225▼
Deferred charges and accrued income490/1€1,562€1,826▲
Equity and liabilities
Total equity and liabilities10/49€560,065€539,601▼
Equity10/15€32,719€8,049▼
Contributions10/11€1€1=
Profit (loss) carried forward14€10,218-€8,452▼
Investment grants15€22,500€16,500▼
Amounts payable17/49€527,345€531,552▲
Amounts payable after more than one year17€146,225€212,477▲
Financial debts170/4€143,706€212,477▲
Trade debts175€2,519-
Amounts payable within one year42/48€381,121€319,075▼
Current portion of amounts payable after more than one year42€17,397€17,548▲
Trade debts44€22,372€31,665▲
Suppliers440/4€22,372€31,665▲
Taxes, remuneration and social security45€21,072€29,373▲
Taxes450/3€15,547€15,067▼
Remuneration and social security454/9€5,525€14,305▲
Other amounts payable47/48€320,279€240,490▼
Income statement Code20242025
Remuneration, social security and pensions62€43,400€112,316▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,988€45,402▲
Other operating charges640/8€60,122€53,570▼
Gross operating margin9900€186,982€190,668▲
Operating profit (loss)9901€41,471-€20,621▼
Financial income75/76B€5,685€10,775▲
Recurring financial income75€5,685€10,775▲
Financial charges65/66B€9,620€9,239▼
Recurring financial charges65€9,620€9,239▼
Profit (loss) for the period before taxes9903€37,536-€19,084▼
Income taxes67/77€3,010-€413▼
Profit (loss) for the period9904€34,526-€18,671▼
Profit (loss) for the period to be appropriated9905€34,526-€18,671▼
Appropriation of the result
Profit (loss) to be appropriated9906€10,218-€8,452▼
Profit (loss) brought forward from the previous period14P-€24,308€10,218▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62-€43,400€112,316▲ 159%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,378€41,988€45,402▲ 8.1%
Other operating charges640/8€3,639€60,122€53,570▼ 10.9%
Gross operating margin9900-€11,449€186,982€190,668▲ 2.0%
Operating profit (loss)9901-€22,466€41,471-€20,621-
Financial income75/76B€1,815€5,685€10,775▲ 89.5%
Recurring financial income75€1,815€5,685€10,775▲ 89.5%
Financial charges65/66B€3,657€9,620€9,239▼ 4.0%
Recurring financial charges65€3,657€9,620€9,239▼ 4.0%
Profit (loss) for the period before taxes9903-€24,308€37,536-€19,084-
Income taxes67/77-€3,010-€413-
Profit (loss) for the period9904-€24,308€34,526-€18,671-
Profit (loss) for the period to be appropriated9905-€24,308€34,526-€18,671-
Line202320242025Change
Assets
Total assets20/58€493,433€560,065€539,601▼ 3.7%
Fixed assets21/28€451,509€505,637€478,255▼ 5.4%
Tangible fixed assets22/27€451,509€505,637€478,255▼ 5.4%
Land and buildings22€288,500€459,368€431,604▼ 6.0%
Plant, machinery and equipment23€137,176---
Furniture and vehicles24€25,834€46,270€46,652▲ 0.8%
Current assets29/58€41,924€54,427€61,346▲ 12.7%
Stocks and contracts in progress3-€10,608€16,152▲ 52.3%
Stocks30/36-€10,608€16,152▲ 52.3%
Amounts receivable within one year40/41€3,983€1,130€14,143▲ 1,152%
Trade receivables40€611-€14,143-
Other amounts receivable41€3,372€1,130--
Cash at bank and in hand54/58€37,941€41,128€29,225▼ 28.9%
Deferred charges and accrued income490/1-€1,562€1,826▲ 16.9%
Equity and liabilities
Total equity and liabilities10/49€493,433€560,065€539,601▼ 3.7%
Equity10/15€10,178€32,719€8,049▼ 75.4%
Contributions10/11€1€1€1=
Profit (loss) carried forward14-€24,308€10,218-€8,452-
Investment grants15€34,485€22,500€16,500▼ 26.7%
Amounts payable17/49€483,255€527,345€531,552▲ 0.8%
Amounts payable after more than one year17€159,211€146,225€212,477▲ 45.3%
Financial debts170/4€159,211€143,706€212,477▲ 47.9%
Trade debts175-€2,519--
Amounts payable within one year42/48€324,044€381,121€319,075▼ 16.3%
Current portion of amounts payable after more than one year42€16,707€17,397€17,548▲ 0.9%
Trade debts44€4,723€22,372€31,665▲ 41.5%
Suppliers440/4€4,723€22,372€31,665▲ 41.5%
Taxes, remuneration and social security45-€21,072€29,373▲ 39.4%
Taxes450/3-€15,547€15,067▼ 3.1%
Remuneration and social security454/9-€5,525€14,305▲ 159%
Other amounts payable47/48€302,613€320,279€240,490▼ 24.9%
Line202320242025Change
Profit (loss) for the period9904-€24,308€34,526-€18,671-
+ Depreciation and write-downs630€7,378€41,988€45,402▲ 8.1%
Operating cash flow (approximation)-€16,930€76,515€26,732▼ 65.1%
Investment in fixed assets (approximation)--€96,117-€18,020▲ 81.3%
Change in cash-€3,187-€11,903-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00435824
31-12-2024 micro format 28-08-2025 2025-00426928
31-12-2023 micro format 27-08-2024 2024-00375511

Similar companies · same sector, comparable size

Of the 13,723 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 4,906. 3,322 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.