BARDEEF
ActiveSummary
The computed 12-month bankruptcy probability of BARDEEF is 4.1% (elevated). The 2024 annual accounts show equity of €15,332 and a net result of €6,431. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 68% of 18940 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▼-5
Solvency75▲+5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.66 against 1.34 in 2023; short-term debt: 49.7% and cash: 40.4% of total assets), and 49.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
50.3%
Return on assets
21.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
33 d early
2022
3 d early
2021
54 d early
2020
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€15,332▲ 3.7%
2023 · €14,784
Total assets
€30,503▼ 7.0%
2023 · €32,794
Net result
€6,431▼ 68.8%
2023 · €20,584
Working capital
€9,939▲ 63.4%
2023 · €6,083
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€15,261-€45,439▲ 198%€35,902▼ 21.0%€27,129▼ 24.4%€11,144▼ 58.9%
Net result€12,564within the sector's middle half-€38,082above the sector's middle half▲ 203%€27,945above the sector's middle half▼ 26.6%€20,584above the sector's middle half▼ 26.3%€6,431within the sector's middle half▼ 68.8%
Equity€18,564within the sector's middle half-€56,646within the sector's middle half▲ 205%€84,591above the sector's middle half▲ 49.3%€14,784within the sector's middle half▼ 82.5%€15,332within the sector's middle half▲ 3.7%
Total assets€27,765below the sector's middle half-€81,021within the sector's middle half▲ 192%€105,882within the sector's middle half▲ 30.7%€32,794below the sector's middle half▼ 69.0%€30,503below the sector's middle half▼ 7.0%
Debt€9,200-€24,375▲ 165%€21,291▼ 12.7%€18,011▼ 15.4%€15,171▼ 15.8%
Working capital€11,398within the sector's middle half-€45,408above the sector's middle half▲ 298%€73,715above the sector's middle half▲ 62.3%€6,083within the sector's middle half▼ 91.7%€9,939within the sector's middle half▲ 63.4%
Solvency66.9%above the sector's middle half-69.9%above the sector's middle half▲ 3.1pp79.9%above the sector's middle half▲ 10.0pp45.1%within the sector's middle half▼ 34.8pp50.3%within the sector's middle half▲ 5.2pp
Current ratio2.24above the sector's middle half-2.87above the sector's middle half▲ 0.634.46above the sector's middle half▲ 1.601.34within the sector's middle half▼ 3.121.66within the sector's middle half▲ 0.32
Return on assets (ROA)45.3%above the sector's middle half-47.0%above the sector's middle half▲ 1.7pp26.4%above the sector's middle half▼ 20.6pp62.8%above the sector's middle half▲ 36.4pp21.1%above the sector's middle half▼ 41.7pp
Staff (FTE)1.41.1▼ 21.4%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 59% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30,503
Fixed assets
€5,393 ▼ 38.0%
Current assets
€25,110 ▲ 4.2%
Equity and liabilities €30,503
Equity
€15,332 ▲ 3.7%
Debt
€15,171 ▼ 15.8%
Debt's share of the balance-sheet total falls from 54.9% to 49.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,453▼
2023 · €31,132
Cash flow
€9,739▼
2023 · €24,586
Quick ratio
1.29▲
2023 · 1.09
Debt to equity
0.99▼
2023 · 1.22
ROE
41.9%▼
2023 · 139.2%
Interest coverage
6.05▼
2023 · 28.86
Debt ≤ 1 year
€15,171▼
2023 · €18,011
Income taxes
€2,324▼
2023 · €5,467
Staff costs
€41,284▼
2023 · €42,231
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7,837 | €13,900 | €42,231 | €41,284 | ▼ 2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €532 | €1,820 | €3,395 | €4,003 | €3,308 | ▼ 17.3% |
| Other operating charges640/8 | - | - | €1,472 | €511 | €1,055 | ▲ 106% |
| Gross operating margin9900 | €21,658 | €55,097 | €54,670 | €73,875 | €56,791 | ▼ 23.1% |
| Operating profit (loss)9901 | €15,261 | €45,439 | €35,902 | €27,129 | €11,144 | ▼ 58.9% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | - | €432 | €640 | €1,079 | €2,390 | ▲ 122% |
| Recurring financial charges65 | €342 | €432 | €640 | €1,079 | €2,390 | ▲ 122% |
| Profit (loss) for the period before taxes9903 | €14,919 | €45,007 | €35,262 | €26,051 | €8,755 | ▼ 66.4% |
| Income taxes67/77 | €2,355 | €6,926 | €7,317 | €5,467 | €2,324 | ▼ 57.5% |
| Profit (loss) for the period9904 | €12,564 | €38,082 | €27,945 | €20,584 | €6,431 | ▼ 68.8% |
| Profit (loss) for the period to be appropriated9905 | €12,564 | €38,082 | €27,945 | €20,584 | €6,431 | ▼ 68.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,765 | €81,021 | €105,882 | €32,794 | €30,503 | ▼ 7.0% |
| Fixed assets21/28 | €7,166 | €11,282 | €10,876 | €8,701 | €5,393 | ▼ 38.0% |
| Tangible fixed assets22/27 | €4,052 | €8,168 | €8,176 | €6,001 | €2,693 | ▼ 55.1% |
| Plant, machinery and equipment23 | - | €7,262 | €5,878 | €4,350 | €1,689 | ▼ 61.2% |
| Furniture and vehicles24 | - | - | €1,650 | €1,260 | €870 | ▼ 30.9% |
| Other tangible fixed assets26 | - | €906 | €649 | €391 | €134 | ▼ 65.9% |
| Financial fixed assets28 | €3,114 | €3,114 | €2,700 | €2,700 | €2,700 | = |
| Current assets29/58 | €20,599 | €69,739 | €95,006 | €24,094 | €25,110 | ▲ 4.2% |
| Stocks and contracts in progress3 | €3,379 | €2,985 | €5,000 | €4,500 | €5,500 | ▲ 22.2% |
| Stocks30/36 | - | €2,985 | €5,000 | €4,500 | €5,500 | ▲ 22.2% |
| Amounts receivable within one year40/41 | - | €7,888 | €2,114 | €3,090 | €5,619 | ▲ 81.8% |
| Trade receivables40 | - | €7,888 | €1,307 | €2,057 | €410 | ▼ 80.1% |
| Other amounts receivable41 | - | - | €807 | €1,033 | €5,209 | ▲ 404% |
| Cash at bank and in hand54/58 | €14,680 | €58,132 | €86,800 | €15,024 | €12,327 | ▼ 18.0% |
| Deferred charges and accrued income490/1 | - | €735 | €1,091 | €1,479 | €1,664 | ▲ 12.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,765 | €81,021 | €105,882 | €32,794 | €30,503 | ▼ 7.0% |
| Equity10/15 | €18,564 | €56,646 | €84,591 | €14,784 | €15,332 | ▲ 3.7% |
| Contributions10/11 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | €12,564 | €50,646 | €78,591 | €8,784 | €9,332 | ▲ 6.2% |
| Amounts payable17/49 | €9,200 | €24,375 | €21,291 | €18,011 | €15,171 | ▼ 15.8% |
| Amounts payable within one year42/48 | €9,200 | €24,331 | €21,291 | €18,011 | €15,171 | ▼ 15.8% |
| Trade debts44 | €1,894 | €6,768 | €6,708 | €6,330 | €5,135 | ▼ 18.9% |
| Suppliers440/4 | - | €6,768 | €6,708 | €6,330 | €5,135 | ▼ 18.9% |
| Advances received on contracts in progress46 | - | €2,246 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €11,885 | €14,248 | €11,395 | €9,439 | ▼ 17.2% |
| Taxes450/3 | - | €11,877 | €14,248 | €7,171 | €5,538 | ▼ 22.8% |
| Remuneration and social security454/9 | - | €8 | €0 | €4,224 | €3,901 | ▼ 7.7% |
| Other amounts payable47/48 | - | €3,432 | €334 | €286 | €597 | ▲ 109% |
| Accrued charges and deferred income492/3 | - | €44 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,564 | €38,082 | €27,945 | €20,584 | €6,431 | ▼ 68.8% |
| + Depreciation and write-downs630 | €532 | €1,820 | €3,395 | €4,003 | €3,308 | ▼ 17.3% |
| Operating cash flow (approximation) | €13,096 | €39,902 | €31,341 | €24,586 | €9,739 | ▼ 60.4% |
| Investment in fixed assets (approximation) | - | -€5,936 | -€2,989 | -€1,827 | €0 | ▲ 100% |
| Change in cash | - | €43,452 | €28,669 | -€71,776 | -€2,697 | ▲ 96.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €6,431 ▼68.8%
Net result drops to €6,431, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €38,082 ▲203%
Operating result €45,439, net result €38,082, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Tervuren · 1 establishment unit since 2020
Ground area
4,424 m²
Building footprint
2,799 m²
Volume, LiDAR
20,630 m³
Parcel 24302F0082/00C000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Lindeboomstraat 30, 3080 Tervuren
since 20202.302.123.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302F0082/00C000 | Flanders | 4,424 m² | 1 · 2,798 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 siteTervuren2.302.123.269
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Of 618 companies in sector 56309 we hold annual accounts for 118. 85 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56309Food and beverage service activities
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0746718371
Also
9925:BE0746718371
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.