ABBOT&COSTELLO
ActiveThe computed 12-month bankruptcy probability of ABBOT&COSTELLO is 3.2% (moderate). The 2024 annual accounts show equity of €80k and a net result of €-35k. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 18936 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-11
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 2.99 in 2023), and 32.8% 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.
+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 →
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 2024Solvency, return and age of the figures
Solvency
67.2%
Return on assets
-29.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
27 d late
2022
22 d late
2021
31 d late
2020
87 d late
2019
98 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€80k▼ 30.5%
2023 · €116k
2018: €2k
2019: €-10k
2020: €64k
2021: €86k
2022: €113k
2023: €116k
2018 → 2024
Total assets
€120k▼ 25.4%
2023 · €161k
2018: €73k
2019: €24k
2020: €101k
2021: €125k
2022: €164k
2023: €161k
2018 → 2024
Net result
€-35k
2023 · €3k
2018: €2k
2019: €-12k
2020: €74k
2021: €21k
2022: €27k
2023: €3k
2018 → 2024
Working capital
€64k▼ 26.6%
2023 · €87k
2018: €-21k
2019: €-11k
2020: €54k
2021: €46k
2022: €76k
2023: €87k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€64k-€86k▲ 33.2%€113k▲ 31.9%€116k▲ 2.2%€80k▼ 30.5%
Operating result€76k-€24k▼ 68.9%€31k▲ 29.7%€6k▼ 80.8%€-36k
Net result€74k-€21k▼ 71.1%€27k▲ 27.8%€3k▼ 90.8%€-35k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €36k after €6k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120k
Fixed assets
€17k▼ 44.5%
Current assets
€103k▼ 21.0%
Equity and liabilities €120k
Equity
€80k▼ 30.5%
Debt
€39k▼ 12.2%
The debt ratio rises from 27.9% to 32.8%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-22k▼
2023 · €22k
Cash flow
€-22k▼
2023 · €19k
Solvency
67.2%▼
2023 · 72.1%
Current ratio
2.62▼
2023 · 2.99
Quick ratio
2.62▼
2023 · 2.99
Debt / equity
0.49▲
2023 · 0.39
ROE
-44.0%▼
2023 · 2.2%
ROA
-29.5%▼
2023 · 1.6%
Interest coverage
-53.78▼
2023 · 34.65
Debt
€39k▼
2023 · €45k
Debt ≤ 1 year
€39k▼
2023 · €44k
Staff costs
€26k▼
2023 · €35k
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€161k€120k▼
Fixed assets21/28€30k€17k▼
Tangible fixed assets22/27€30k€17k▼
Plant, machinery and equipment23€25k€13k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€131k€103k▼
Amounts receivable after more than one year29€2k€2k=
Other amounts receivable291€2k€2k=
Amounts receivable within one year40/41€122k€101k▼
Trade receivables40€503-
Other amounts receivable41€121k€101k▼
Cash at bank and in hand54/58€7k€589▼
Deferred charges and accrued income490/1€112€130▲
Equity and liabilities
Total equity and liabilities10/49€161k€120k▼
Equity10/15€116k€80k▼
Contributions10/11€19k€19k=
Reserves13€97k€97k=
Distributable reserves133€97k€97k=
Profit (loss) carried forward14-€-35k
Amounts payable17/49€45k€39k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€44k€39k▼
Current portion of amounts payable after more than one year42€4k€1k▼
Trade debts44€16k€18k▲
Suppliers440/4€16k€18k▲
Taxes, remuneration and social security45€4k€589▼
Taxes450/3€3k-
Remuneration and social security454/9€832€589▼
Other amounts payable47/48€20k€20k=
Income statement
Code20232024
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€35k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€13k▼
Other operating charges640/8€10k€2k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€67k€7k▼
Operating profit (loss)9901€6k€-36k▼
Financial income75/76B€338€636▲
Recurring financial income75€338€636▲
Financial charges65/66B€643€413▼
Recurring financial charges65€643€413▼
Profit (loss) for the period before taxes9903€6k€-35k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€3k€-35k▼
Profit (loss) for the period to be appropriated9905€3k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-35k▼
Transfer to equity691/2€3k-
To other reserves6921€3k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-35k ▼1497%
Net result drops to €-35k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Equity above €100kEq €113k ▲31.9%
3 profitable years in a row build equity to €113k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.50
Current ratio from 0.68 to 2.50.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 183 days late
2019
13-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 197 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Niklaas · 2 establishment units since 2016
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.
Apostelstraat 99100 Sint-NiklaasGround area
3.0 ha
Building footprint
181 m²
Volume, LiDAR
1,143 m³
2 parcels, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
De Komeet, Provinciaal Domein De Ster
since 20162.258.581.454
De Komeet
since 20202.304.941.021
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446B1259/00A000 | Flanders | 3.0 ha | 1 · 41 m² | 13.9 m · 1 fl. |
| 46443E2015/00A000 | Flanders | 179 m² | 1 · 141 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteSint-Niklaas2.304.941.021
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,648 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-2016
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:0495514684
E-mail:extratimebe@gmail.com