BASTONNE
ActiveThe file of BASTONNE contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.7% (moderate). The 2025 annual accounts show equity of €142k and a net result of €-1k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 13044 sector peers (fiscal year 2025).
Checked score
Score 2025
70
/ 100
Healthy▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability85
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 3.25 against 3.25 in 2024), and 30.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · 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 · 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 2025Solvency, return and age of the figures
Solvency
69.2%
Return on assets
-0.5%
Age of the figures
14 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192021232425
2018 to 2025 · latest year -€1k
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-05-2026, 100 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
100 d late
2024
245 d late
2023
1 d late
2021
38 d late
2020
on the day
2019
280 d late
2018
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€142k▼ 0.8%
2024 · €143k
2018: €90k
2019: €108k
2020: €122k
2021: €202k
2023: €190k
2024: €143k
2018 → 2025
Total assets
€205k▼ 0.5%
2024 · €206k
2018: €163k
2019: €413k
2020: €417k
2021: €517k
2023: €266k
2024: €206k
2018 → 2025
Net result
€-1k▲ 97.7%
2024 · €-47k
2018: €6k
2019: €18k
2020: €15k
2021: €80k
2023: €-12k
2024: €-47k
2018 → 2025
Working capital
€140k=
2024 · €140k
2018: €58k
2019: €300k
2020: €112k
2021: €195k
2023: €186k
2024: €140k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€122k-€202k▲ 65.4%€190k▼ 6.0%€143k▼ 24.9%€142k▼ 0.8%
Operating result€21k-€108k▲ 421%€-4k€-45k▼ 1,007%€-1k▲ 97.6%
Net result€15k-€80k▲ 447%€-12k€-47k▼ 287%€-1k▲ 97.7%
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 €1k in 2025 against €45k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205k
Fixed assets
€2k▼ 35.4%
Current assets
€203k=
Equity and liabilities €205k
Equity
€142k▼ 0.8%
Debt
€63k=
The debt ratio rises from 30.7% to 30.8%: equity shrinks.
Key figures and ratios
EBITDA
€0▲
2024 · €-43k
Cash flow
€0▲
2024 · €-45k
Solvency
69.2%▼
2024 · 69.3%
Current ratio
3.25=
2024 · 3.25
Quick ratio
3.25=
2024 · 3.25
Debt / equity
0.45▲
2024 · 0.44
ROE
-0.8%▲
2024 · -33.2%
ROA
-0.5%▲
2024 · -23.0%
Debt
€63k=
2024 · €63k
Debt ≤ 1 year
€62k=
2024 · €62k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€206k€205k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€1k€0▼
Furniture and vehicles24€1k€0▼
Financial fixed assets28€2k€2k=
Current assets29/58€203k€203k=
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€202k€202k=
Trade receivables40€156k€156k=
Other amounts receivable41€46k€46k=
Deferred charges and accrued income490/1€597€597=
Equity and liabilities
Total equity and liabilities10/49€206k€205k▼
Equity10/15€143k€142k▼
Contributions10/11€19k€19k=
Reserves13€171k€171k=
Distributable reserves133€171k€171k=
Profit (loss) carried forward14€-47k€-48k▼
Amounts payable17/49€63k€63k=
Amounts payable within one year42/48€62k€62k=
Financial debts43€20k€20k=
Credit institutions430/8€20k€20k=
Trade debts44€39k€39k=
Suppliers440/4€39k€39k=
Taxes, remuneration and social security45€4k€4k=
Taxes450/3€4k€4k=
Accrued charges and deferred income492/3€708€708=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€207-
Gross operating margin9900€-43k-
Operating profit (loss)9901€-45k€-1k▲
Financial charges65/66B€2k-
Recurring financial charges65€2k-
Profit (loss) for the period before taxes9903€-47k€-1k▲
Profit (loss) for the period9904€-47k€-1k▲
Profit (loss) for the period to be appropriated9905€-47k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-48k▼
Profit (loss) brought forward from the previous period14P€622€-47k▼
The notes to these accounts (10 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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 100 days late
2025
28-11
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Gent · BASTONNE BV DE PINTELAAN 254, 9000 GENT · event 25-11-2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 245 days late
22-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · BASTONNE BV DE PINTE- LAAN 254, 9000 GENT · event 16-09-2025
2024
30-06
Financial
Weakest financial yearnet €-47k
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-06
Financial
Liquidity doublescurrent ratio 3.47
Current ratio from 1.62 to 3.47; short-term debt falls from €315k to €75k.
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 38 days late
2021
30-09
Financial
Highest result since 2018net €80k ▲447%
Operating result €108k, net result €80k, both a record.
30-09
Financial
Equity above €200kEq €202k ▲65.4%
4 profitable years in a row build equity to €202k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 280 days late
2019
30-09
Financial
Liquidity doublescurrent ratio 4.11
Current ratio from 1.80 to 4.11.
30-09
Financial
Equity above €100kEq €108k ▲19.6%
2 profitable years in a row build equity to €108k.
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
01-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
2016
22-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2013
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.
De Pintelaan 2549000 GentGround area
190 m²
Building footprint
88 m²
Volume, LiDAR
870 m³
Parcel 44808H0698/00H006, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BASTONNE
since 20132.217.644.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0698/00H006 | Flanders | 190 m² | 1 · 88 m² | 9.9 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MATTHIAS GESQUIERE MAALTEMEERS 84, 9051 1
GENT (SINT-DENIJS-WESTREM) |
16-09-2025 → present |
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Of 21,633 companies in sector 56112 we hold annual accounts for 9,658. 7,273 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2013
Fiscal year end30-06
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0478814104