AL PICCOLO
ActiveAL PICCOLO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €894k and a net result of €205k. Equity is growing by ~50% per year across the filed fiscal years. Its solvency ranks better than 95% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days only on tighter terms
Liquidity ample (current ratio 6.13 against 4.29 in 2023; short-term debt: 15.2% and cash: 57.5% of total assets), and 15.6% 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.4%
Return on assets
19.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
149 d late
2022
114 d late
2021
156 d late
2020
108 d late
2019
110 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€894k▲ 29.7%
2023 · €690k
2018: €80k
2019: €144k
2020: €197k
2021: €324k
2022: €528k
2023: €690k
2018 → 2024
Total assets
€1.06M▲ 19.9%
2023 · €884k
2018: €130k
2019: €239k
2020: €275k
2021: €456k
2022: €716k
2023: €884k
2018 → 2024
Net result
€205k▲ 26.3%
2023 · €162k
2018: €29k
2019: €64k
2020: €53k
2021: €127k
2022: €203k
2023: €162k
2018 → 2024
Working capital
€828k▲ 34.6%
2023 · €615k
2018: €51k
2019: €119k
2020: €184k
2021: €305k
2022: €482k
2023: €615k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€197k-€324k▲ 64.7%€528k▲ 62.8%€690k▲ 30.7%€894k▲ 29.7%
Operating result€64k-€174k▲ 171%€294k▲ 68.3%€227k▼ 22.7%€287k▲ 26.3%
Net result€53k-€127k▲ 141%€203k▲ 59.8%€162k▼ 20.4%€205k▲ 26.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 26% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.06M
Fixed assets
€71k▼ 13.3%
Current assets
€989k▲ 23.3%
Equity and liabilities €1.06M
Equity
€894k▲ 29.7%
Debt
€166k▼ 14.7%
The debt ratio falls from 22.0% to 15.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€307k▲
2023 · €237k
Cash flow
€225k▲
2023 · €172k
Solvency
84.4%▲
2023 · 78.0%
Current ratio
6.13▲
2023 · 4.29
Quick ratio
6.06▲
2023 · 4.23
Debt / equity
0.19▼
2023 · 0.28
ROE
22.9%▼
2023 · 23.5%
ROA
19.3%▲
2023 · 18.3%
Interest coverage
159.44▲
2023 · 148.26
Debt
€166k▼
2023 · €194k
Debt ≤ 1 year
€161k▼
2023 · €187k
Income taxes
€98k▲
2023 · €76k
Staff costs
€68k▼
2023 · €70k
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€884k€1.06M▲
Fixed assets21/28€82k€71k▼
Tangible fixed assets22/27€63k€52k▼
Plant, machinery and equipment23€55k€45k▼
Furniture and vehicles24€8k€7k▼
Financial fixed assets28€19k€19k=
Current assets29/58€802k€989k▲
Stocks and contracts in progress3€11k€11k▲
Stocks30/36€11k€11k▲
Amounts receivable within one year40/41€298k€366k▲
Trade receivables40€0-
Other amounts receivable41€298k€366k▲
Cash at bank and in hand54/58€486k€609k▲
Deferred charges and accrued income490/1€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€884k€1.06M▲
Equity10/15€690k€894k▲
Contributions10/11€19k€19k=
Reserves13€565k€769k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€565k€769k▲
Profit (loss) carried forward14€106k€106k=
Amounts payable17/49€194k€166k▼
Amounts payable within one year42/48€187k€161k▼
Financial debts43€13k€13k▲
Credit institutions430/8€13k€13k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€141k€103k▼
Taxes450/3€136k€96k▼
Remuneration and social security454/9€4k€7k▲
Other amounts payable47/48€27k€41k▲
Accrued charges and deferred income492/3€7k€5k▼
Income statement
Code20232024
Remuneration, social security and pensions62€70k€68k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€20k▲
Other operating charges640/8€13k€8k▼
Gross operating margin9900€320k€383k▲
Operating profit (loss)9901€227k€287k▲
Financial income75/76B€13k€18k▲
Recurring financial income75€13k€18k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€238k€303k▲
Income taxes67/77€76k€98k▲
Profit (loss) for the period9904€162k€205k▲
Profit (loss) for the period to be appropriated9905€162k€205k▲
Appropriation of the result
Profit (loss) to be appropriated9906€268k€311k▲
Profit (loss) brought forward from the previous period14P€106k€106k=
Transfer to equity691/2€162k€205k▲
To other reserves6921€162k€205k▲
Social balance
Average headcount (FTE)90872.92.1▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 153 days late
2024
31-12
Financial
Highest result since 2018net €205k ▲26.3%
Net result €205k, the highest in the series.
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 149 days late
2023
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 114 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 156 days late
2022
31-12
Financial
Equity above €500kEq €528k ▲62.8%
5 profitable years in a row build equity to €528k.
2021
31-12
Financial
Equity above €200kEq €324k ▲64.7%
4 profitable years in a row build equity to €324k.
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 108 days late
2020
31-12
Financial
Equity above €150kEq €197k ▲36.6%
3 profitable years in a row build equity to €197k.
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 110 days late
2019
31-12
Financial
Equity above €100kEq €144k ▲79.8%
2 profitable years in a row build equity to €144k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 97 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 121 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mol · 1 establishment unit since 1983
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.
Corbiestraat 432400 MolGround area
129 m²
Building footprint
124 m²
Volume, LiDAR
798 m³
Parcel 13434F0694/00G000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AL PICCOLO
since 19832.022.115.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13434F0694/00G000 | Flanders | 129 m² | 1 · 124 m² | 11.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,176 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 0 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMol2.022.115.052
Similar companies · same sector, comparable size
MIA MENSA
BE 0702.979.388
Hasselt · Eq €894k
RESTAURANT CÉCILE
BE 0786.947.934
Roosdaal · Eq €896k
LE GASTRONOME PAR JEAN VRIJDAGHS ET SEBASTIEN HANKARD
BE 0707.876.997
Paliseul · Eq €891k
In De Vrede
BE 0715.531.386
Vleteren · Eq €897k
TRIANON
BE 0453.677.908
Antwerpen · Eq €898k
Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 4,576 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-1983
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 40 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.