B.H.Y.
ActiveThe computed 12-month bankruptcy probability of B.H.Y. is 5.1% (elevated). The 2024 annual accounts show negative equity (€-18k) and a net result of €-2k. Equity is shrinking by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 1763 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-78
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
5.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.47 in 2023; short-term debt: 199.4% and cash: 10.6% of total assets), 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
-99.4%
Return on assets
-12.8%
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 €-18k
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 14-11-2025, 106 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
106 d late
2023
115 d late
2022
173 d late
2021
122 d late
2020
111 d late
2019
116 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k
2023 · €2k
2018: €47k
2019: €3k
2020: €647
2021: €-20k
2022: €672
2023: €2k
2018 → 2024
Working capital
€-22k▼ 10.6%
2023 · €-19k
2018: €-7k
2019: €-4k
2020: €-3k
2021: €-23k
2022: €-22k
2023: €-19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€-19k€-18k▲ 3.6%€-16k▲ 11.6%€-18k▼ 14.8%
Operating result€1k-€-17k€586€2k▲ 290%€-1k
Net result€647-€-20k€672€2k▲ 209%€-2k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1k after €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €18k
Fixed assets
€3k▼ 7.4%
Current assets
€15k▼ 12.9%
Key figures and ratios
EBITDA
€-922▼
2023 · €3k
Cash flow
€-2k▼
2023 · €2k
Solvency
-99.4%▼
2023 · -76.2%
Current ratio
0.41▼
2023 · 0.47
Quick ratio
0.14▼
2023 · 0.19
Debt / equity
-2.01▲
2023 · -2.31
ROA
-12.8%▼
2023 · 10.0%
Interest coverage
-9.58▼
2023 · 29.74
Debt
€36k▼
2023 · €36k
Debt ≤ 1 year
€36k▼
2023 · €36k
Income taxes
€1k▲
2023 · €144
Staff costs
€15k
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€21k€18k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€1k€922▼
Plant, machinery and equipment23€520€390▼
Other tangible fixed assets26€676€532▼
Financial fixed assets28€2k€2k=
Current assets29/58€17k€15k▼
Stocks and contracts in progress3€10k€10k▼
Stocks30/36€10k€10k▼
Amounts receivable within one year40/41€6k€3k▼
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€113€179▲
Equity and liabilities
Total equity and liabilities10/49€21k€18k▼
Equity10/15€-16k€-18k▼
Contributions10/11€7k€7k=
Capital10€7k€7k=
Issued capital100€19k€19k=
Uncalled capital101€11k€11k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-25k€-27k▼
Amounts payable17/49€36k€36k▼
Amounts payable within one year42/48€36k€36k▼
Trade debts44€7k€7k▼
Suppliers440/4€7k€7k▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€3k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€24k€23k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€274€274=
Other operating charges640/8€543€767▲
Gross operating margin9900€3k€15k▲
Operating profit (loss)9901€2k€-1k▼
Financial income75/76B€16-
Recurring financial income75€16-
Financial charges65/66B€86€96▲
Recurring financial charges65€86€96▲
Profit (loss) for the period before taxes9903€2k€-1k▼
Income taxes67/77€144€1k▲
Profit (loss) for the period9904€2k€-2k▼
Profit (loss) for the period to be appropriated9905€2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-27k▼
Profit (loss) brought forward from the previous period14P€-27k€-25k▲
Social balance
Average headcount (FTE)9087-1.0
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
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 106 days late
2024
23-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 115 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 173 days late
2022
31-12
Financial
Back to profitnet €672
Net result €672 after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €-20k ▼3157%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 111 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 116 days late
04-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 278 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 51 days late
2017
30-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 152 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2004
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.
Masuistraat 2201030 SchaarbeekGround area
421 m²
Building footprint
415 m²
Volume, LiDAR
6,732 m³
2 parcels, Brussels · tallest building 18.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LA CAGE
since 20042.135.873.286
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0070/00D007 | Brussels | 327 m² | 1 · 327 m² | 18.5 m · 6 fl. |
| 21910E0119/00C003 | Brussels | 93 m² | 1 · 88 m² | 18.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Khammal Mohammed Karim Statutory auditor | - → 31-12-2023 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.135.873.286
Similar companies · same sector, comparable size
KOM & GO
BE 0691.678.591
Lille · Eq €1k
limonata
BE 0803.382.011
Genk · Eq €1k
Sweet and Salty
BE 0697.571.540
Lochristi · Eq €1k
T’verlore Boke
BE 1006.224.253
Beveren-Kruibeke-Zwijndrecht · Eq €1k
L'ATELIER DISTRIBUTION
BE 0736.410.142
Sint-Jans-Molenbeek · Eq €1k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 2,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2004
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.