BELGIAN WAFFEL
ActiveThe computed 12-month bankruptcy probability of BELGIAN WAFFEL is 6.9% (elevated). The 2025 annual accounts show equity of €22k and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 13071 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency9▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
6.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.61 against 0.61 in 2024), and 91.2% 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.
+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 · 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 2025Solvency, return and age of the figures
Solvency
8.8%
Return on assets
-4.7%
Age of the figures
9 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
202122232425
2020 to 2025 · latest year -€12k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
52 d early
2024
76 d early
2023
62 d early
2022
144 d early
2021
4 d early
2020
113 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 35.0%
2024 · €34k
2020: €-20k
2021: €-23k
2022: €87k
2023: €54k
2024: €34k
2020 → 2025
Total assets
€253k▼ 12.5%
2024 · €289k
2020: €301k
2021: €430k
2022: €604k
2023: €515k
2024: €289k
2020 → 2025
Net result
€-12k▲ 39.4%
2024 · €-20k
2020: €-40k
2021: €-3k
2022: €110k
2023: €-33k
2024: €-20k
2020 → 2025
Working capital
€-89k▲ 11.3%
2024 · €-100k
2020: €-271k
2021: €-243k
2022: €-104k
2023: €-108k
2024: €-100k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€87k€54k▼ 38.0%€34k▼ 36.6%€22k▼ 35.0%
Operating result€-2k-€129k€-33k€-19k▲ 43.0%€-12k▲ 36.4%
Net result€-3k-€110k€-33k€-20k▲ 40.2%€-12k▲ 39.4%
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 €12k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €253k
Fixed assets
€111k▼ 17.3%
Current assets
€142k▼ 8.3%
Equity and liabilities €253k
Equity
€22k▼ 35.0%
Debt
€231k▼ 9.5%
The debt ratio rises from 88.2% to 91.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€11k▲
2024 · €9k
Cash flow
€11k▲
2024 · €8k
Solvency
8.8%▼
2024 · 11.8%
Current ratio
0.61▲
2024 · 0.61
Quick ratio
0.61▲
2024 · 0.61
Debt / equity
10.36▲
2024 · 7.45
ROE
-53.8%▲
2024 · -57.7%
ROA
-4.7%▲
2024 · -6.8%
Debt
€231k▼
2024 · €255k
Debt ≤ 1 year
€231k▼
2024 · €255k
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€289k€253k▼
Fixed assets21/28€134k€111k▼
Intangible fixed assets21€113k€91k▼
Tangible fixed assets22/27€709€296▼
Plant, machinery and equipment23€532€296▼
Furniture and vehicles24€178-
Financial fixed assets28€20k€20k▼
Current assets29/58€155k€142k▼
Amounts receivable within one year40/41€36k€109k▲
Trade receivables40€36k€109k▲
Cash at bank and in hand54/58€110k€25k▼
Deferred charges and accrued income490/1€8k€8k=
Equity and liabilities
Total equity and liabilities10/49€289k€253k▼
Equity10/15€34k€22k▼
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Profit (loss) carried forward14€14k€2k▼
Amounts payable17/49€255k€231k▼
Amounts payable within one year42/48€255k€231k▼
Trade debts44€528€201▼
Suppliers440/4€528€201▼
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Other amounts payable47/48€248k€224k▼
Income statement
Code20242025
Remuneration, social security and pensions62€387-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€23k▼
Other operating charges640/8€372-
Gross operating margin9900€10k€11k▲
Operating profit (loss)9901€-19k€-12k▲
Financial charges65/66B€912-
Recurring financial charges65€912-
Profit (loss) for the period before taxes9903€-20k€-12k▲
Profit (loss) for the period9904€-20k€-12k▲
Profit (loss) for the period to be appropriated9905€-20k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€2k▼
Profit (loss) brought forward from the previous period14P€34k€14k▼
The notes to these accounts (8 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €110k
Net result €110k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-04
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.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel
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.
Heuvelstraat 71000 BrusselGround area
74 m²
Building footprint
47 m²
Volume, LiDAR
619 m³
Parcel 21004A0433/00A000, Brussels · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0433/00A000 | Brussels | 74 m² | 1 · 46 m² | 15.8 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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LE DOUBLE V GRILL
BE 0674.944.806
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CHLOE
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BARAVA
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Of 21,627 companies in sector 56112 we hold annual accounts for 9,656. 8,062 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2020
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.