BELGA BELGA
ActiveThe computed 12-month bankruptcy probability of BELGA BELGA is 2.9% (moderate). The 2025 annual accounts show negative equity (€-103k) and a net result of €-36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 13204 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-53
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.1 in 2024; short-term debt: 181.5% and cash: 4.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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
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 2025Solvency, return and age of the figures
Solvency
-108%
Return on assets
-37.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-103k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
61 d late
2023
82 d late
2022
on the day
2021
18 d early
2020
30 d late
2019
106 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-103k▼ 52.3%
2024 · €-68k
2018: €1k
2019: €4k
2020: €-8k
2021: €-15k
2022: €-15k
2023: €-68k
2024: €-68k
2018 → 2025
Total assets
€96k▲ 29.5%
2024 · €74k
2018: €47k
2019: €39k
2020: €64k
2021: €116k
2022: €128k
2023: €130k
2024: €74k
2018 → 2025
Net result
€-36k
2024 · €350
2018: €-12k
2019: €3k
2020: €-12k
2021: €-7k
2022: €-624
2023: €-53k
2024: €350
2018 → 2025
Working capital
€-125k▼ 17.8%
2024 · €-106k
2018: €-28k
2019: €-15k
2020: €-52k
2021: €-54k
2022: €-61k
2023: €-121k
2024: €-106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-15k-€-15k▼ 4.2%€-68k▼ 341%€-68k▲ 0.5%€-103k▼ 52.3%
Operating result€-5k-€1k€-51k€6k€-30k
Net result€-7k-€-624▲ 90.7%€-53k▼ 8,361%€350€-36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €30k after €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€47k▼ 23.9%
Current assets
€49k▲ 307%
Key figures and ratios
EBITDA
€-13k▼
2024 · €23k
Cash flow
€-19k▼
2024 · €17k
Solvency
-108.0%▼
2024 · -91.8%
Current ratio
0.28▲
2024 · 0.10
Quick ratio
0.26▲
2024 · 0.04
Debt / equity
-1.93▲
2024 · -2.09
ROA
-37.1%▼
2024 · 0.5%
Interest coverage
-2.38▼
2024 · 4.04
Debt
€199k▲
2024 · €142k
Debt ≤ 1 year
€174k▲
2024 · €118k
Debt > 1 year
€24k=
2024 · €24k
Income taxes
€240▲
2024 · €0
Staff costs
€98k▲
2024 · €95k
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€74k€96k▲
Fixed assets21/28€62k€47k▼
Intangible fixed assets21€38-
Tangible fixed assets22/27€61k€46k▼
Plant, machinery and equipment23€610€1k▲
Furniture and vehicles24€41k€28k▼
Other tangible fixed assets26€20k€17k▼
Financial fixed assets28€1k€1k=
Current assets29/58€12k€49k▲
Stocks and contracts in progress3€7k€4k▼
Stocks30/36€7k€4k▼
Amounts receivable within one year40/41€60€39k▲
Trade receivables40€60€39k▲
Cash at bank and in hand54/58€4k€4k▲
Deferred charges and accrued income490/1€973€1k▲
Equity and liabilities
Total equity and liabilities10/49€74k€96k▲
Equity10/15€-68k€-103k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-87k€-122k▼
Amounts payable17/49€142k€199k▲
Amounts payable after more than one year17€24k€24k=
Financial debts170/4€24k€24k=
Amounts payable within one year42/48€118k€174k▲
Financial debts43€587-
Credit institutions430/8€587-
Trade debts44€14k€63k▲
Suppliers440/4€14k€63k▲
Taxes, remuneration and social security45€30k€44k▲
Taxes450/3€12k€2k▼
Remuneration and social security454/9€18k€42k▲
Other amounts payable47/48€74k€67k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€95k€98k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k▼
Other operating charges640/8€7k€11k▲
Gross operating margin9900€125k€96k▼
Operating profit (loss)9901€6k€-30k▼
Financial income75/76B€96€1▼
Recurring financial income75€96€1▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€350€-35k▼
Income taxes67/77€0€240▲
Profit (loss) for the period9904€350€-36k▼
Profit (loss) for the period to be appropriated9905€350€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-87k€-122k▼
Profit (loss) brought forward from the previous period14P€-87k€-87k▲
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €350
Net result €350 after 4 loss-making years.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 106 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wemmel · 1 establishment unit since 2015
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.
J. Bogemansstraat 981780 WemmelGround area
496 m²
Building footprint
156 m²
Volume, LiDAR
1,169 m³
2 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
J. Vanden Broeckstraat 57, 1780 Wemmel
since 20152.244.335.322
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0313/00C005 | Flanders | 269 m² | 1 · 94 m² | 10.7 m · 2 fl. |
| 22662B0138/00N000 | Flanders | 227 m² | 1 · 62 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteWemmel2.244.335.322
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MESOPOTAMIA
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 4,750 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2015
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.