BANDHU

Active

Private limited companyfounded 199432 yrs activeArdense Jagersplein 20, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0452.408.691

The computed 12-month bankruptcy probability of BANDHU is 2.6% (moderate). The 2024 annual accounts show equity of €76k and a net result of €-21k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 18938 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

2 / 100

Critical▼ -34 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-17

Solvency8▼-10

Growth52=

Stability100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.22 against 0.41 in 2023), and 88.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

11.3%

Return on assets

-3.2%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

43 d early

2023

30 d late

2022

3 d late

2021

80 d late

2020

57 d late

2019

48 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-21k

2023 · €3k

2018: €12k 2019: €277 2020: €6k 2021: €43k 2022: €23k 2023: €3k

2018 → 2024

Working capital

€-144k▼ 85.6%

2023 · €-78k

2018: €-97k 2019: €-136k 2020: €-131k 2021: €-123k 2022: €-86k 2023: €-78k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€28k-€71k▲ 156%€94k▲ 32.7%€98k▲ 3.6%€76k▼ 22.0%

Operating result€17k-€73k▲ 338%€38k▼ 47.6%€8k▼ 79.5%€-13k

Net result€6k-€43k▲ 584%€23k▼ 46.4%€3k▼ 85.4%€-21k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €13k after €8k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €671k

94.0%

Fixed assets €631k▲ 59.6%

Current assets €40k▼ 26.8%

Equity and liabilities €671k

11%

88.7%

Equity €76k▼ 22.0%

Debt €595k▲ 68.7%

The debt ratio rises from 78.3% to 88.7%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€8k▼

2023 · €28k

Cash flow

€-241▼

2023 · €23k

Solvency

11.3%▼

2023 · 21.7%

Current ratio

0.22▼

2023 · 0.41

Quick ratio

0.10▼

2023 · 0.28

Debt / equity

7.82▲

2023 · 3.62

ROE

-28.3%▼

2023 · 3.5%

ROA

-3.2%▼

2023 · 0.8%

Interest coverage

1.03▼

2023 · 6.28

Debt

€595k▲

2023 · €353k

Debt ≤ 1 year

€184k▲

2023 · €132k

Debt > 1 year

€411k▲

2023 · €220k

Income taxes

€632▲

2023 · €304

Staff costs

€332k▲

2023 · €317k

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€450k€671k▲

Fixed assets21/28€395k€631k▲

Intangible fixed assets21€181k€161k▼

Tangible fixed assets22/27€2k€3k▲

Plant, machinery and equipment23-€1k

Furniture and vehicles24€2k€1k▼

Other tangible fixed assets26€0-

Financial fixed assets28€212k€467k▲

Current assets29/58€55k€40k▼

Stocks and contracts in progress3€18k€21k▲

Stocks30/36€18k€21k▲

Amounts receivable within one year40/41€5k€9k▲

Trade receivables40-€5k

Other amounts receivable41€5k€4k▼

Cash at bank and in hand54/58€29k€3k▼

Deferred charges and accrued income490/1€3k€7k▲

Equity and liabilities

Total equity and liabilities10/49€450k€671k▲

Equity10/15€98k€76k▼

Contributions10/11€19k€19k=

Outside capital11€19k-

Other1109/19€19k-

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€77k€56k▼

Amounts payable17/49€353k€595k▲

Amounts payable after more than one year17€220k€411k▲

Financial debts170/4€195k€364k▲

Other amounts payable178/9€25k€47k▲

Amounts payable within one year42/48€132k€184k▲

Financial debts43-€33k

Credit institutions430/8-€33k

Trade debts44€47k€60k▲

Suppliers440/4€47k€60k▲

Taxes, remuneration and social security45€86k€91k▲

Taxes450/3€39k€26k▼

Remuneration and social security454/9€47k€65k▲

Income statement Code20232024

Remuneration, social security and pensions62€317k€332k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲

Other operating charges640/8€5k€5k▼

Gross operating margin9900€350k€345k▼

Operating profit (loss)9901€8k€-13k▼

Financial income75/76B€272€164▼

Recurring financial income75€272€164▼

Financial charges65/66B€4k€8k▲

Recurring financial charges65€4k€8k▲

Profit (loss) for the period before taxes9903€4k€-21k▼

Income taxes67/77€304€632▲

Profit (loss) for the period9904€3k€-21k▼

Profit (loss) for the period to be appropriated9905€3k€-21k▼

Appropriation of the result

Profit (loss) to be appropriated9906€77k€56k▼

Profit (loss) brought forward from the previous period14P€74k€77k▲

Social balance

Average headcount (FTE)90877.5-

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

18-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-21k ▼736%

Net result drops to €-21k, the lowest in the series.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 30 days late

2023

03-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 3 days late

2022

19-10

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 80 days late

2021

31-12

Financial Highest result since 2018net €43k ▲584%

Operating result €73k, net result €43k, both a record.

26-09

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 57 days late

2020

17-09

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 48 days late

2019

30-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

24-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

21-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

08-11

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 100 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

9 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, Schaarbeek · 1 establishment unit since 1994

establishment The establishment unit on the map

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.

Ardense Jagersplein 201030 Schaarbeek

Ground area

231 m²

Building footprint

202 m²

Volume, LiDAR

3,103 m³

Parcel 21905C0060/00A004, Brussels · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

LE SAINT-HUBERT

Ardense Jagersplein 20, 1030 SchaarbeekNACE 1513103

since 19942.066.618.355

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21905C0060/00A004	Brussels	231 m²	1 · 202 m²	19.5 m · 5 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 site

Schaarbeek2.066.618.355

1 permission

Toelating · Eetgelegenheid · since 07-12-2007

Similar companies · same sector, comparable size

Destelbergen · Eq €76k

Saint-Hubert · Eq €76k

SOFRAN

BE 1012.058.408

Blankenberge · Eq €76k

Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,687 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-04-1994

Fiscal year end31-12

Activities, NACEBEL

55302

55401

56101Full-service restaurants

56111Full-service restaurants

56301Cafés and bars

56210Event catering

Sources

Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.