ALCEDICA
ActiveThe computed 12-month bankruptcy probability of ALCEDICA is 2.4% (moderate). The 2024 annual accounts show negative equity (€-12k) and a net result of €-21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 18942 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-18
Solvency18▼-12
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.83 in 2023; short-term debt: 106.3% and cash: 14.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 →
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
-6.9%
Return on assets
-12.5%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-12k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
89 d late
2022
248 d late
2021
80 d late
2020
90 d late
2019
73 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-12k
2023 · €10k
2018: €8k
2019: €-13k
2020: €21k
2021: €77k
2022: €24k
2023: €10k
2018 → 2024
Total assets
€170k▼ 12.4%
2023 · €194k
2018: €94k
2019: €100k
2020: €115k
2021: €189k
2022: €177k
2023: €194k
2018 → 2024
Net result
€-21k▼ 48.0%
2023 · €-14k
2018: €-9k
2019: €-21k
2020: €34k
2021: €56k
2022: €-54k
2023: €-14k
2018 → 2024
Working capital
€-45k▼ 60.2%
2023 · €-28k
2018: €-11k
2019: €-30k
2020: €27k
2021: €60k
2022: €-27k
2023: €-28k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€77k▲ 266%€24k▼ 69.1%€10k▼ 60.1%€-12k
Operating result€35k-€73k▲ 107%€-54k€-11k▲ 79.5%€-21k▼ 90.9%
Net result€34k-€56k▲ 65.5%€-54k€-14k▲ 73.2%€-21k▼ 48.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2024 against €11k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170k
Fixed assets
€35k▼ 35.0%
Current assets
€136k▼ 3.8%
Key figures and ratios
EBITDA
€-2k▼
2023 · €8k
Cash flow
€-3k▼
2023 · €4k
Solvency
-6.9%▼
2023 · 4.9%
Current ratio
0.75▼
2023 · 0.83
Quick ratio
0.50▼
2023 · 0.59
Debt / equity
-15.57▼
2023 · 19.37
ROA
-12.5%▼
2023 · -7.4%
Interest coverage
-0.54▼
2023 · 1.36
Debt
€182k▼
2023 · €185k
Debt ≤ 1 year
€181k▲
2023 · €169k
Debt > 1 year
€897▼
2023 · €15k
Income taxes
€298▼
2023 · €311
Staff costs
€151k▼
2023 · €168k
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€194k€170k▼
Fixed assets21/28€53k€35k▼
Tangible fixed assets22/27€53k€35k▼
Plant, machinery and equipment23€37k€24k▼
Furniture and vehicles24€16k€11k▼
Current assets29/58€141k€136k▼
Stocks and contracts in progress3€42k€45k▲
Stocks30/36€42k€45k▲
Amounts receivable within one year40/41€59k€62k▲
Other amounts receivable41€59k€62k▲
Cash at bank and in hand54/58€36k€25k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€194k€170k▼
Equity10/15€10k€-12k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-12k€-34k▼
Amounts payable17/49€185k€182k▼
Amounts payable after more than one year17€15k€897▼
Financial debts170/4€15k€897▼
Amounts payable within one year42/48€169k€181k▲
Current portion of amounts payable after more than one year42€14k€10k▼
Trade debts44€118k€117k▼
Suppliers440/4€118k€117k▼
Taxes, remuneration and social security45€37k€54k▲
Taxes450/3€37k€54k▲
Other amounts payable47/48€219-
Income statement
Code20232024
Remuneration, social security and pensions62€168k€151k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Other operating charges640/8€6k€5k▼
Gross operating margin9900€183k€153k▼
Operating profit (loss)9901€-11k€-21k▼
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-14k€-21k▼
Income taxes67/77€311€298▼
Profit (loss) for the period9904€-14k€-21k▼
Profit (loss) for the period to be appropriated9905€-14k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-34k▼
Profit (loss) brought forward from the previous period14P-€-12k
Transfer from equity791/2€2k-
Social balance
Average headcount (FTE)90874.5-
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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 89 days late
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 248 days late
2022
31-12
Financial
Weakest financial yearnet €-54k ▼195%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 80 days late
2021
31-12
Financial
Highest result since 2018net €56k ▲65.5%
Operating result €73k, net result €56k, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 73 days late
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 72 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 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, Zulte · 1 establishment unit since 2007
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.
Karperstraat 169870 ZulteGround area
388 m²
Building footprint
130 m²
Volume, LiDAR
864 m³
Parcel 44037A0956/00R000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Restaurant DE KARPER
since 20072.165.836.784
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037A0956/00R000 | Flanders | 388 m² | 1 · 130 m² | 10.9 m · 2 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 siteZulte2.165.836.784
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 6,893 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-10-2007
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
46170Agents in the wholesale of food, beverages and tobacco
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.