AS BXL
ActiveThe computed 12-month bankruptcy probability of AS BXL is 1.7% (moderate). The 2025 annual accounts show equity of €25k and a net result of €188. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 13240 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-42
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 5.75 against 4.75 in 2024; short-term debt: 17.3% and cash: 72.9% of total assets), and 17.3% of the assets are financed with debt.
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.7%
Return on assets
0.6%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
53 d early
2024
59 d early
2023
7 d late
2022
25 d late
2021
60 d late
2020
87 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 0.8%
2024 · €25k
2019: €10k
2020: €8k
2021: €7k
2022: €17k
2023: €20k
2024: €25k
2019 → 2025
Total assets
€30k▼ 3.7%
2024 · €32k
2019: €11k
2020: €13k
2021: €16k
2022: €22k
2023: €23k
2024: €32k
2019 → 2025
Net result
€188▼ 96.6%
2024 · €6k
2019: €3k
2020: €-2k
2021: €-957
2022: €11k
2023: €2k
2024: €6k
2019 → 2025
Working capital
€25k▲ 0.8%
2024 · €25k
2019: €4k
2020: €7k
2021: €8k
2022: €16k
2023: €19k
2024: €25k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€17k▲ 163%€20k▲ 12.5%€25k▲ 28.2%€25k▲ 0.8%
Operating result€-789-€11k€3k▼ 71.6%€7k▲ 133%€-1k
Net result€-957-€11k€2k▼ 79.9%€6k▲ 155%€188▼ 96.6%
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 2025: a loss of €1k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets
€120=
Current assets
€30k▼ 3.7%
Equity and liabilities €30k
Equity
€25k▲ 0.8%
Debt
€5k▼ 20.4%
The debt ratio falls from 21.0% to 17.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
82.7%▲
2024 · 79.0%
Current ratio
5.75▲
2024 · 4.75
Quick ratio
4.21▲
2024 · 3.61
Debt / equity
0.21▼
2024 · 0.27
ROE
0.7%▼
2024 · 22.0%
ROA
0.6%▼
2024 · 17.4%
Debt
€5k▼
2024 · €7k
Debt ≤ 1 year
€5k▼
2024 · €7k
Income taxes
€189▼
2024 · €2k
Staff costs
€3k▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€32k€30k▼
Fixed assets21/28€120€120=
Financial fixed assets28€120€120=
Current assets29/58€32k€30k▼
Stocks and contracts in progress3€8k€8k▲
Stocks30/36€8k€8k▲
Cash at bank and in hand54/58€24k€22k▼
Equity and liabilities
Total equity and liabilities10/49€32k€30k▼
Equity10/15€25k€25k▲
Contributions10/11€6k€6k=
Reserves13€169€169=
Non-distributable reserves130/1€169€169=
Reserves not available under the articles1311€169€169=
Profit (loss) carried forward14€19k€19k▲
Amounts payable17/49€7k€5k▼
Amounts payable within one year42/48€7k€5k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€709€691▼
Income statement
Code20242025
Remuneration, social security and pensions62€3k€3k▼
Other operating charges640/8€716€400▼
Gross operating margin9900€11k€2k▼
Operating profit (loss)9901€7k€-1k▼
Financial income75/76B€186€2k▲
Recurring financial income75€186€2k▲
Financial charges65/66B€276€231▼
Recurring financial charges65€276€231▼
Profit (loss) for the period before taxes9903€7k€378▼
Income taxes67/77€2k€189▼
Profit (loss) for the period9904€6k€188▼
Profit (loss) for the period to be appropriated9905€6k€188▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€19k▲
Profit (loss) brought forward from the previous period14P€13k€19k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet €-2k ▼160%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
22-12-2023
ALTIKAT Serhan: Resigned as Manager
02-06-2020
Altikat Haydar: Resigned as Manager
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
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.
Dendermondsesteenweg 2359040 GentGround area
67 m²
Building footprint
64 m²
Volume, LiDAR
452 m³
Parcel 44432C0937/00D000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AS BXL
since 20182.274.729.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0937/00D000 | Flanders | 67 m² | 1 · 64 m² | 9.5 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.274.729.083
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 9,210 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
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.