Antalan
ActiveSummary
The computed 12-month bankruptcy probability of Antalan is 2.5% (moderate). The 2024 annual accounts show equity of €88,749 and a net result of -€1,819. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 2090 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-17
Solvency58▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.91 in 2023; short-term debt: 37.3% and cash: 12.2% of total assets), and 67.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← 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
32.9%
Return on assets
-0.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
21 d early
2022
28 d early
2021
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€88,749▼ 42.8%
2023 · €155,274
Total assets
€269,446▼ 21.5%
2023 · €343,454
Net result
-€1,819
2023 · €45,981
Working capital
€6,859▼ 91.0%
2023 · €75,907
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€98,953-€42,366▼ 57.2%€65,037▲ 53.5%€4,814▼ 92.6%
Net result€76,642-€30,650▼ 60.0%€45,981▲ 50.0%-€1,819
Equity€78,642-€109,293▲ 39.0%€155,274▲ 42.1%€88,749▼ 42.8%
Total assets€288,338-€333,449▲ 15.6%€343,454▲ 3.0%€269,446▼ 21.5%
Debt€209,695-€224,156▲ 6.9%€188,180▼ 16.0%€180,698▼ 4.0%
Working capital€4,166-€28,824▲ 592%€75,907▲ 163%€6,859▼ 91.0%
Staff (FTE)10.5-13.9▲ 32.4%16.8▲ 20.9%15.7▼ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 93% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €269,446
Fixed assets
€162,121 ▼ 11.8%
Current assets
€107,326 ▼ 32.8%
Equity and liabilities €269,446
Equity
€88,749 ▼ 42.8%
Debt
€180,698 ▼ 4.0%
Debt's share of the balance-sheet total rises from 54.8% to 67.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€39,409▼
2023 · €97,904
Cash flow
€32,776▼
2023 · €78,848
Current ratio
1.07▼
2023 · 1.91
Quick ratio
0.98▼
2023 · 1.73
Debt to equity
2.04▲
2023 · 1.21
ROE
-2.1%▼
2023 · 29.6%
ROA
-0.7%▼
2023 · 13.4%
Interest coverage
6.90▼
2023 · 16.66
Debt ≤ 1 year
€100,466▲
2023 · €83,712
Debt > 1 year
€80,231▼
2023 · €104,468
Income taxes
€1,255▼
2023 · €13,264
Staff costs
€191,102▲
2023 · €173,673
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 925 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a small loss
1.5%
went bankrupt
5.6%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 925 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €186,296 | €159,772 | €173,673 | €191,102 | ▲ 10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,034 | €22,033 | €32,867 | €34,595 | ▲ 5.3% |
| Other operating charges640/8 | €2,434 | €2,133 | €3,125 | €3,256 | ▲ 4.2% |
| Gross operating margin9900 | €304,717 | €226,304 | €274,702 | €233,768 | ▼ 14.9% |
| Operating profit (loss)9901 | €98,953 | €42,366 | €65,037 | €4,814 | ▼ 92.6% |
| Financial income75/76B | €24 | - | €85 | €330 | ▲ 286% |
| Recurring financial income75 | €24 | - | €85 | €330 | ▲ 286% |
| Financial charges65/66B | €6,157 | €4,839 | €5,877 | €5,708 | ▼ 2.9% |
| Recurring financial charges65 | €6,157 | €4,839 | €5,877 | €5,708 | ▼ 2.9% |
| Profit (loss) for the period before taxes9903 | €92,820 | €37,527 | €59,246 | -€564 | ▼ 101% |
| Income taxes67/77 | €16,177 | €6,877 | €13,264 | €1,255 | ▼ 90.5% |
| Profit (loss) for the period9904 | €76,642 | €30,650 | €45,981 | -€1,819 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €76,642 | €30,650 | €45,981 | -€1,819 | ▼ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €288,338 | €333,449 | €343,454 | €269,446 | ▼ 21.5% |
| Fixed assets21/28 | €148,026 | €210,849 | €183,835 | €162,121 | ▼ 11.8% |
| Intangible fixed assets21 | €84,973 | €74,973 | €64,973 | €54,973 | ▼ 15.4% |
| Tangible fixed assets22/27 | €63,054 | €135,877 | €118,862 | €107,148 | ▼ 9.9% |
| Land and buildings22 | €6,898 | - | - | - | - |
| Plant, machinery and equipment23 | €53,009 | €70,946 | €65,528 | €56,280 | ▼ 14.1% |
| Furniture and vehicles24 | - | €1,868 | €1,239 | €610 | ▼ 50.8% |
| Leasing and similar rights25 | - | €39,957 | €31,281 | €22,605 | ▼ 27.7% |
| Other tangible fixed assets26 | €3,147 | €23,106 | €20,814 | €27,653 | ▲ 32.9% |
| Current assets29/58 | €140,311 | €122,600 | €159,619 | €107,326 | ▼ 32.8% |
| Stocks and contracts in progress3 | €11,861 | €10,311 | €15,090 | €8,530 | ▼ 43.5% |
| Stocks30/36 | €11,861 | €10,311 | €15,090 | €8,530 | ▼ 43.5% |
| Amounts receivable within one year40/41 | €475 | €4,879 | €2,442 | €4,928 | ▲ 102% |
| Trade receivables40 | €475 | €1,556 | €2,442 | €4,100 | ▲ 67.9% |
| Other amounts receivable41 | - | €3,323 | - | €828 | - |
| Current investments50/53 | - | €13,000 | €37,077 | €55,929 | ▲ 50.8% |
| Cash at bank and in hand54/58 | €127,976 | €92,247 | €102,824 | €32,939 | ▼ 68.0% |
| Deferred charges and accrued income490/1 | - | €2,162 | €2,187 | €5,000 | ▲ 129% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €288,338 | €333,449 | €343,454 | €269,446 | ▼ 21.5% |
| Equity10/15 | €78,642 | €109,293 | €155,274 | €88,749 | ▼ 42.8% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €76,642 | €107,293 | €153,274 | €86,749 | ▼ 43.4% |
| Distributable reserves133 | €76,642 | €107,293 | €153,274 | €86,749 | ▼ 43.4% |
| Amounts payable17/49 | €209,695 | €224,156 | €188,180 | €180,698 | ▼ 4.0% |
| Amounts payable after more than one year17 | €73,550 | €130,381 | €104,468 | €80,231 | ▼ 23.2% |
| Financial debts170/4 | €73,550 | €130,381 | €104,468 | €80,231 | ▼ 23.2% |
| Amounts payable within one year42/48 | €136,145 | €93,776 | €83,712 | €100,466 | ▲ 20.0% |
| Current portion of amounts payable after more than one year42 | €9,875 | €25,394 | €25,912 | €24,237 | ▼ 6.5% |
| Trade debts44 | €77,834 | €22,352 | €27,425 | €37,470 | ▲ 36.6% |
| Suppliers440/4 | €77,834 | €22,352 | €27,425 | €37,470 | ▲ 36.6% |
| Taxes, remuneration and social security45 | €28,168 | €28,762 | €30,238 | €38,688 | ▲ 27.9% |
| Taxes450/3 | €9,029 | €8,103 | €5,969 | €11,822 | ▲ 98.1% |
| Remuneration and social security454/9 | €19,139 | €20,660 | €24,269 | €26,866 | ▲ 10.7% |
| Other amounts payable47/48 | €20,268 | €17,268 | €137 | €71 | ▼ 47.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,642 | €30,650 | €45,981 | -€1,819 | ▼ 104% |
| + Depreciation and write-downs630 | €17,034 | €22,033 | €32,867 | €34,595 | ▲ 5.3% |
| Operating cash flow (approximation) | €93,677 | €52,683 | €78,848 | €32,776 | ▼ 58.4% |
| Investment in fixed assets (approximation) | - | -€84,856 | -€5,852 | -€12,881 | ▼ 120% |
| Change in cash | - | -€35,729 | €10,576 | -€69,885 | ▼ 761% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€1,819
Net result drops to -€1,819, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €155,274 ▲42.1%
3 profitable years in a row build equity to €155,274.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €109,293 ▲39%
2 profitable years in a row build equity to €109,293.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Lier · 1 establishment unit since 2020
Ground area
225 m²
Building footprint
225 m²
Volume, LiDAR
1,171 m³
Parcel 12392A0533/00H000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Antalan
since 20202.299.624.827
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0533/00H000 | Flanders | 225 m² | 1 · 225 m² | 9.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2025 · 4 entries · 20,776 EUR awarded · 20,776 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,288 EUR | 4,288 EUR |
| 2024 | 1 | 5,028 EUR | 5,028 EUR |
| 2023 | 1 | 7,049 EUR | 7,049 EUR |
| 2022 | 1 | 4,411 EUR | 4,411 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLier2.299.624.827
Similar companies · same sector, comparable size
Oud Huis Daelemans
BE 0446.307.688
Antwerpen · Eq €88,375
FIRAT
BE 0649.872.779
Antwerpen · Eq €89,227
LE FOURNIL LIÉGEOIS
BE 0727.637.679
Liège · Eq €88,207
PATISSERIE DEDRIE
BE 0440.432.260
Veurne · Eq €88,200
MARLES
BE 1007.809.016
Mons · Eq €89,390
Of 4,228 companies in sector 10712 we hold annual accounts for 1,874. 1,598 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47221Retail sale of meat and meat products, excluding game and poultry
47241Retail sale of bread and pastry (bakery outlets)
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743961888
Also
9925:BE0743961888
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.