B.P.Z
ActiveThe file of B.P.Z contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show negative equity (€-232k) and a net result of €-55k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 18942 sector peers (fiscal year 2024).
Checked score
Score 2024
3
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.18 in 2023; short-term debt: 357.8% and cash: 11.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine 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
-257.8%
Return on assets
-60.8%
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 €-232k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2023
29 d late
2022
29 d late
2021
31 d late
2020
30 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-232k▼ 30.9%
2023 · €-177k
2018: €56k
2019: €86k
2020: €33k
2021: €94k
2022: €-34k
2023: €-177k
2018 → 2024
Total assets
€90k▲ 19.4%
2023 · €75k
2018: €142k
2019: €137k
2020: €118k
2021: €213k
2022: €107k
2023: €75k
2018 → 2024
Net result
€-55k▲ 61.8%
2023 · €-143k
2018: €57k
2019: €30k
2020: €-52k
2021: €61k
2022: €-128k
2023: €-143k
2018 → 2024
Working capital
€-259k▼ 24.9%
2023 · €-207k
2018: €-511
2019: €40k
2020: €-3k
2021: €65k
2022: €-71k
2023: €-207k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€94k▲ 183%€-34k€-177k▼ 419%€-232k▼ 30.9%
Operating result€-28k-€70k€-113k€-119k▼ 5.0%€-48k▲ 59.3%
Net result€-52k-€61k€-128k€-143k▼ 11.7%€-55k▲ 61.8%
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 €48k in 2024 against €119k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €90k
Fixed assets
€27k▼ 10.1%
Current assets
€63k▲ 38.9%
Key figures and ratios
EBITDA
€-41k▲
2023 · €-111k
Cash flow
€-47k▲
2023 · €-136k
Solvency
-257.8%▼
2023 · -235.2%
Current ratio
0.20▲
2023 · 0.18
Quick ratio
0.04▼
2023 · 0.06
Debt / equity
-1.39▲
2023 · -1.43
ROA
-60.8%▲
2023 · -189.9%
Interest coverage
-6.23▼
2023 · -4.54
Debt
€322k▲
2023 · €253k
Debt ≤ 1 year
€322k▲
2023 · €253k
Staff costs
€148k▼
2023 · €173k
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€75k€90k▲
Fixed assets21/28€30k€27k▼
Tangible fixed assets22/27€30k€27k▼
Plant, machinery and equipment23€30k€27k▼
Current assets29/58€45k€63k▲
Stocks and contracts in progress3€31k€51k▲
Stocks30/36€31k€51k▲
Amounts receivable within one year40/41€2k€2k=
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€75k€90k▲
Equity10/15€-177k€-232k▼
Contributions10/11€19k€19k=
Reserves13€42k€42k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€-238k€-292k▼
Amounts payable17/49€253k€322k▲
Amounts payable within one year42/48€253k€322k▲
Trade debts44€238k€303k▲
Suppliers440/4€238k€303k▲
Taxes, remuneration and social security45€15k€19k▲
Taxes450/3€15k€19k▲
Income statement
Code20232024
Remuneration, social security and pensions62€173k€148k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€67k€111k▲
Operating profit (loss)9901€-119k€-48k▲
Financial charges65/66B€25k€7k▼
Recurring financial charges65€25k€7k▼
Profit (loss) for the period before taxes9903€-143k€-55k▲
Profit (loss) for the period9904€-143k€-55k▲
Profit (loss) for the period to be appropriated9905€-143k€-55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-238k€-292k▼
Profit (loss) brought forward from the previous period14P€-95k€-238k▼
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
08-01
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · 20240073 · event 27-11-2024
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
21-08
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 12-08-2024
2023
31-12
Financial
Weakest financial yearnet €-143k
Net result drops to €-143k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Elsene · 1 establishment unit since 2011
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.
Boondaalse Steenweg 81050 ElseneGround area
1,470 m²
Building footprint
697 m²
Volume, LiDAR
13,884 m³
Parcel 21443C0059/00B002, Brussels · tallest building 24.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Boondaalse Steenweg 8, 1050 Elsene
since 20112.200.830.525
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0059/00B002 | Brussels | 1,470 m² | 1 · 697 m² | 24.8 m · 7 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 siteElsene2.200.830.525
Similar companies · same sector, comparable size
Dondurmacci
BE 0538.955.853
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Le Napoléon
BE 0461.043.968
Courcelles · Eq €94k
AS MEAT
BE 0887.832.090
Antwerpen · Eq €94k
HonFleur
BE 0865.658.484
Middelkerke · Eq €94k
STERI
BE 0768.585.438
Namur · Eq €94k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,642 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-06-2011
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.