Badran
ActiveSummary
Badran has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €34k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 73% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency83▲+25
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.15 in 2024; short-term debt: 42.4% and cash: 77.4% of total assets), and 42.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
57.6%
Return on assets
35.8%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
19 d late
2023
292 d late
2022
66 d late
2021
3 d early
2020
32 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▲ 165%
2024 · €21k
2018: €6k
2019: €14k
2020: €11k
2021: €6k
2022: €6k
2023: €-10k
2024: €21k
2018 → 2025
Total assets
€95k▲ 52.5%
2024 · €63k
2018: €36k
2019: €60k
2020: €64k
2021: €66k
2022: €51k
2023: €29k
2024: €63k
2018 → 2025
Net result
€34k▲ 9.5%
2024 · €31k
2018: €11k
2019: €8k
2020: €-3k
2021: €-5k
2022: €174
2023: €-16k
2024: €31k
2018 → 2025
Working capital
€39k▲ 530%
2024 · €6k
2018: €-7k
2019: €-3k
2020: €-3k
2021: €-5k
2022: €-3k
2023: €-16k
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€6k▲ 3.0%€-10k€21k€55k▲ 165%
Operating result€-3k-€683€-16k€33k€42k▲ 25.7%
Net result€-5k-€174€-16k€31k€34k▲ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95k
Fixed assets
€16k ▲ 10.1%
Current assets
€79k ▲ 65.4%
Equity and liabilities €95k
Equity
€55k ▲ 165%
Debt
€40k ▼ 3.3%
Debt's share of the balance-sheet total falls from 66.8% to 42.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▲
2024 · €34k
Cash flow
€37k▲
2024 · €32k
Current ratio
1.96▲
2024 · 1.15
Quick ratio
1.88▲
2024 · 1.06
Debt to equity
0.74▼
2024 · 2.01
ROE
62.2%▼
2024 · 150.3%
ROA
35.8%▼
2024 · 49.9%
Interest coverage
63.66▲
2024 · 16.24
Debt ≤ 1 year
€40k▼
2024 · €42k
Income taxes
€7k
Staff costs
€37k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€63k€95k▲
Fixed assets21/28€15k€16k▲
Tangible fixed assets22/27€13k€15k▲
Plant, machinery and equipment23€2k€5k▲
Furniture and vehicles24€12k€9k▼
Financial fixed assets28€1k€1k=
Current assets29/58€48k€79k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€10k-
Trade receivables40€10k-
Cash at bank and in hand54/58€32k€74k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€63k€95k▲
Equity10/15€21k€55k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€305€34k▲
Amounts payable17/49€42k€40k▼
Amounts payable within one year42/48€42k€40k▼
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45€2k€11k▲
Taxes450/3€2k€11k▲
Other amounts payable47/48€31k€28k▼
Income statement
Code20242025
Remuneration, social security and pensions62€37k€37k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€605€3k▲
Other operating charges640/8€739€739▲
Gross operating margin9900€71k€83k▲
Operating profit (loss)9901€33k€42k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€708▼
Recurring financial charges65€2k€708▼
Profit (loss) for the period before taxes9903€31k€41k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€31k€34k▲
Profit (loss) for the period to be appropriated9905€31k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€305€34k▲
Profit (loss) brought forward from the previous period14P€-31k€305▲
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €34k ▲9.5%
Operating result €42k, net result €34k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
19-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 292 days late
2024
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
2023
31-12
Financial
Weakest financial yearnet €-16k ▼9534%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Back to profitnet €174
Net result €174 after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 77 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · 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
4 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, Niel · 1 establishment unit since 2012
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.
Dorpsstraat 112845 NielGround area
150 m²
Building footprint
63 m²
Volume, LiDAR
427 m³
Parcel 11030A0373/00H000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dorpsstraat 11, 2845 Niel
since 20122.208.518.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030A0373/00H000 | Flanders | 150 m² | 1 · 63 m² | 8.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNiel2.208.518.269
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,348 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.