A.S. Restauration
ActiveThe computed 12-month bankruptcy probability of A.S. Restauration is 2.0% (moderate). The 2024 annual accounts show equity of €188k and a net result of €60k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 86% of 1763 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▼-2
Solvency88▲+3
Growth85=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.04 in 2023; short-term debt: 36.6% and cash: 65.3% of total assets), and 36.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €188k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
91 d late
2022
153 d late
2021
149 d late
2020
13 d late
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€631k▲ 5.0%
2023 · €601k
2021: €133k
2022: €354k
2023: €601k
2021 → 2024
EBIT margin
13.5%▼ 0.5pp
2023 · 14.0%
2021: 10.7%
2022: 7.1%
2023: 14.0%
2021 → 2024
Net result
€60k▼ 21.7%
2023 · €77k
2018: €-22k
2019: €-1k
2020: €17k
2021: €13k
2022: €25k
2023: €77k
2018 → 2024
Working capital
€95k▲ 2,874%
2023 · €3k
2018: €-43k
2019: €-39k
2020: €-15k
2021: €-1k
2022: €9k
2023: €3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€133k€354k▲ 167%€601k▲ 69.6%€631k▲ 5.0%
Equity€13k-€26k▲ 106%€51k▲ 96.2%€128k▲ 149%€188k▲ 46.9%
Operating result€21k-€14k▼ 31.1%€25k▲ 77.3%€84k▲ 234%€85k▲ 1.0%
Net result€17k-€13k▼ 23.1%€25k▲ 87.0%€77k▲ 205%€60k▼ 21.7%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 1% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €296k
Fixed assets
€93k▼ 25.6%
Current assets
€203k▲ 129%
Equity and liabilities €296k
Equity
€188k▲ 46.9%
Debt
€108k▲ 26.4%
The debt ratio falls from 40.1% to 36.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€124k▲
2023 · €111k
Cash flow
€99k▼
2023 · €104k
Solvency
63.4%▲
2023 · 59.9%
Current ratio
1.88▲
2023 · 1.04
Quick ratio
1.88▲
2023 · 1.04
Debt / equity
0.58▼
2023 · 0.67
ROE
31.9%▼
2023 · 59.9%
ROA
20.3%▼
2023 · 35.9%
Interest coverage
2175.56▲
2023 · 1902.57
Debt
€108k▲
2023 · €86k
Debt ≤ 1 year
€108k▲
2023 · €86k
Income taxes
€25k▲
2023 · €7k
Staff costs
€153k▲
2023 · €116k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€213k€296k▲
Fixed assets21/28€125k€93k▼
Tangible fixed assets22/27€117k€85k▼
Plant, machinery and equipment23€11k€14k▲
Furniture and vehicles24€95k€63k▼
Other tangible fixed assets26€10k€8k▼
Financial fixed assets28€8k€8k=
Current assets29/58€89k€203k▲
Amounts receivable within one year40/41€10k€10k▼
Other amounts receivable41€10k€10k▼
Cash at bank and in hand54/58€79k€193k▲
Equity and liabilities
Total equity and liabilities10/49€213k€296k▲
Equity10/15€128k€188k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€109k€169k▲
Amounts payable17/49€86k€108k▲
Amounts payable within one year42/48€86k€108k▲
Trade debts44€63k€33k▼
Suppliers440/4€63k€33k▼
Taxes, remuneration and social security45€20k€41k▲
Taxes450/3€4k€12k▲
Remuneration and social security454/9€16k€29k▲
Other amounts payable47/48€3k€35k▲
Income statement
Code20232024
Turnover70€601k€631k▲
Non-recurring operating income76A€2k-
Goods, raw materials, services and sundry goods60/61€362k€346k▼
Remuneration, social security and pensions62€116k€153k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€39k▲
Other operating charges640/8€13k€7k▼
Gross operating margin9900€241k€285k▲
Operating profit (loss)9901€84k€85k▲
Financial charges65/66B€59€57▼
Recurring financial charges65€59€57▼
Profit (loss) for the period before taxes9903€84k€85k▲
Income taxes67/77€7k€25k▲
Profit (loss) for the period9904€77k€60k▼
Profit (loss) for the period to be appropriated9905€77k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109k€169k▲
Profit (loss) brought forward from the previous period14P€33k€109k▲
Social balance
Average headcount (FTE)9087116,165.2-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 67 days late
2024
31-12
Financial
Equity above €150kEq €188k ▲46.9%
5 profitable years in a row build equity to €188k.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 91 days late
2023
31-12
Financial
Highest result since 2018net €77k ▲205%
Net result €77k, the highest in the series.
31-12
Financial
Equity above €100kEq €128k ▲149%
4 profitable years in a row build equity to €128k.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 153 days late
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 149 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2017
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.
Grand'Place 511400 NivellesGround area
316 m²
Building footprint
218 m²
Volume, LiDAR
2,910 m³
Parcel 25782D0201/00C000, Wallonia · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Libano's
since 20172.267.806.253
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782D0201/00C000 | Wallonia | 316 m² | 1 · 218 m² | 16.6 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNivelles2.267.806.253
Similar companies · same sector, comparable size
BISTRO RACINE
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BO(U)FFÉ
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Délices d'Asie
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BC RUE NEUVE BRUSSEL
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,671 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-09-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
46389Wholesale of other food products
47279Other retail sale of food
47299Retail trade
56210Event catering
56301Cafés and bars
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.