ATHLETICO
ActiveThe computed 12-month bankruptcy probability of ATHLETICO is 2.4% (moderate). The 2024 annual accounts show negative equity (€-200k) and a net result of €-58k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 18938 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
15
/ 100
Critical▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.2 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
-473.3%
Return on assets
-137.6%
Age of the figures
20 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
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€200k
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 15-12-2025, 137 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
137 d late
2023
138 d late
2022
101 d late
2021
121 d late
2020
73 d late
2019
85 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-200k▼ 41.0%
2023 · €-142k
2018: €-85k
2019: €-68k
2020: €-67k
2021: €-52k
2022: €-83k
2023: €-142k
2018 → 2024
Total assets
€42k▼ 29.0%
2023 · €59k
2018: €62k
2019: €63k
2020: €63k
2021: €60k
2022: €69k
2023: €59k
2018 → 2024
Net result
€-58k▲ 0.4%
2023 · €-58k
2018: €13k
2019: €17k
2020: €998
2021: €15k
2022: €-31k
2023: €-58k
2018 → 2024
Working capital
€-199k▼ 50.5%
2023 · €-132k
2018: €-111k
2019: €-94k
2020: €-90k
2021: €-78k
2022: €-97k
2023: €-132k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-67k-€-52k▲ 21.8%€-83k▼ 59.4%€-142k▼ 70.0%€-200k▼ 41.0%
Operating result€8k-€21k▲ 166%€-23k€-46k▼ 98.7%€-46k▼ 0.3%
Net result€998-€15k▲ 1,359%€-31k€-58k▼ 87.8%€-58k▲ 0.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46k in 2024 against €46k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42k
Fixed assets
€21k▼ 18.0%
Current assets
€21k▼ 37.5%
Key figures and ratios
EBITDA
€-41k▼
2023 · €-40k
Cash flow
€-53k▼
2023 · €-52k
Solvency
-473.3%▼
2023 · -238.5%
Current ratio
0.09▼
2023 · 0.20
Quick ratio
0.03▼
2023 · 0.11
Debt / equity
-1.21▲
2023 · -1.42
ROE
29.1%▼
2023 · 41.2%
ROA
-137.6%▼
2023 · -98.2%
Interest coverage
-2.64▲
2023 · -2.98
Debt
€242k▲
2023 · €201k
Debt ≤ 1 year
€220k▲
2023 · €166k
Debt > 1 year
€22k▼
2023 · €35k
Staff costs
€71k▼
2023 · €98k
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€59k€42k▼
Fixed assets21/28€26k€21k▼
Tangible fixed assets22/27€25k€20k▼
Land and buildings22€21k€18k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€800€800=
Current assets29/58€33k€21k▼
Stocks and contracts in progress3€15k€14k▼
Stocks30/36€15k€14k▼
Amounts receivable within one year40/41€1k-
Other amounts receivable41€1k-
Cash at bank and in hand54/58€16k€3k▼
Deferred charges and accrued income490/1€584€4k▲
Equity and liabilities
Total equity and liabilities10/49€59k€42k▼
Equity10/15€-142k€-200k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€102k€102k=
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€83k€83k=
Profit (loss) carried forward14€-306k€-364k▼
Amounts payable17/49€201k€242k▲
Amounts payable after more than one year17€35k€22k▼
Financial debts170/4€35k€22k▼
Amounts payable within one year42/48€166k€220k▲
Current portion of amounts payable after more than one year42€19k€28k▲
Financial debts43€39k€39k▲
Credit institutions430/8€39k€39k▲
Trade debts44€57k€78k▲
Suppliers440/4€57k€78k▲
Taxes, remuneration and social security45€24k€27k▲
Taxes450/3€5k€22k▲
Remuneration and social security454/9€19k€5k▼
Other amounts payable47/48€26k€47k▲
Income statement
Code20232024
Remuneration, social security and pensions62€98k€71k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€61k€34k▼
Operating profit (loss)9901€-46k€-46k▼
Financial income75/76B€857€4k▲
Recurring financial income75€857€4k▲
Financial charges65/66B€13k€16k▲
Recurring financial charges65€13k€16k▲
Profit (loss) for the period before taxes9903€-58k€-58k▲
Profit (loss) for the period9904€-58k€-58k▲
Profit (loss) for the period to be appropriated9905€-58k€-58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-306k€-364k▼
Profit (loss) brought forward from the previous period14P€-247k€-306k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-09
State Gazette act
Statutes amendment · Resignations & appointmentsGeneral meeting · Statutes amendment · Capital7 facts ▸
State Gazette act
Statutes amendment · Resignations & appointments
General meeting · Statutes amendment · Capital7 facts ▸
- General meeting, 2026-08-28
- Statutes amendment
- Capital, €61.973,38
- Corporate purpose, De uitbating van restauranten, snackbars, frituren, alsook frituurwagens (verplaatsbaar of op vaste standpaatsen); verder alle daden te stellen die de horecasek…
- Director resignation, Vandenheede Annemieke (bestuurder)
- Director appointment, Lybeer Anita (bestuurder)
- Mandate compensation, Lybeer Anita
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 137 days late
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 138 days late
2023
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 85 days late
2019
31-12
Financial
Highest result since 2018net €17k ▲35.3%
Operating result €27k, net result €17k, both a record.
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 139 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Lybeer Anita
CurrentDirector · since 28-08-2026
28-08-2026
Lybeer Anita: Appointed as Director
01-07-2025
Vandenheede Annemieke: Resigned as Director
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2000
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.
Waalvest 1048930 MenenGround area
278 m²
Building footprint
327 m²
Volume, LiDAR
1,328 m³
Parcel 34027E1007/00M030, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ATHLETICO
since 20002.097.465.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027E1007/00M030indicative | Flanders | 278 m² | 1 · 327 m² | 10.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
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Bistro Dhôme
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BRASSERIE HET APPLAUWS
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 20,234 companies in sector 56111 we hold annual accounts for 11,308.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-06-2000
Fiscal year end31-12
Activities, NACEBEL
55302
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.