BELHAJ
ActiveThe computed 12-month bankruptcy probability of BELHAJ is 2.0% (moderate). The 2024 annual accounts show equity of €17k and a net result of €4k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 18942 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+15
Solvency88▲+11
Growth85=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 1.71 in 2023; short-term debt: 36.8% and cash: 67.4% of total assets), and 36.8% of the assets are financed with debt.
Credit advice for your own amount and term
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
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 2024Solvency, return and age of the figures
Solvency
63.2%
Return on assets
13.1%
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 23-06-2025, 38 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
6 d early
2022
31 d early
2021
30 d early
2020
31 d late
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€252k▲ 38.3%
2019 · €182k
2018: €0
2019: €182k
2018 → 2020
EBIT margin
-3.3%▼ 3.7pp
2019 · 0.4%
2019: 0.4%
2019 → 2020
Net result
€4k▲ 1,041%
2023 · €311
2018: €0
2019: €521
2020: €6k
2021: €-945
2022: €41
2023: €311
2018 → 2024
Working capital
€15k▲ 71.1%
2023 · €9k
2018: €6k
2019: €-12k
2020: €189
2021: €-3k
2022: €3k
2023: €9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€252k-
Equity€12k-€11k▼ 7.7%€13k▲ 16.8%€14k▲ 2.3%€17k▲ 26.2%
Operating result€-8k-€-518▲ 93.8%€2k€2k▼ 9.2%€5k▲ 207%
Net result€6k-€-945€41€311▲ 659%€4k▲ 1,041%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 207% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27k
Fixed assets
€2k▼ 55.0%
Current assets
€25k▲ 18.3%
Equity and liabilities €27k
Equity
€17k▲ 26.2%
Debt
€10k▼ 19.1%
The debt ratio falls from 47.6% to 36.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8k▼
2023 · €9k
Cash flow
€6k▼
2023 · €8k
Solvency
63.2%▲
2023 · 52.4%
Current ratio
2.50▲
2023 · 1.71
Quick ratio
2.34▲
2023 · 1.57
Debt / equity
0.58▼
2023 · 0.91
ROE
20.7%▲
2023 · 2.3%
ROA
13.1%▲
2023 · 1.2%
Interest coverage
45.18▼
2023 · 52.57
Debt
€10k▼
2023 · €12k
Debt ≤ 1 year
€10k▼
2023 · €12k
Income taxes
€1k▲
2023 · €1k
Staff costs
€25k▼
2023 · €26k
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€26k€27k▲
Fixed assets21/28€5k€2k▼
Tangible fixed assets22/27€5k€2k▼
Plant, machinery and equipment23€1k€746▼
Furniture and vehicles24€4k€1k▼
Current assets29/58€21k€25k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€5k€5k▼
Other amounts receivable41€5k€5k▼
Cash at bank and in hand54/58€14k€18k▲
Deferred charges and accrued income490/1-€112
Equity and liabilities
Total equity and liabilities10/49€26k€27k▲
Equity10/15€14k€17k▲
Contributions10/11€6k€6k=
Reserves13€7k€11k▲
Distributable reserves133€7k€11k▲
Amounts payable17/49€12k€10k▼
Amounts payable within one year42/48€12k€10k▼
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€85€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€26k€25k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€38k€34k▼
Operating profit (loss)9901€2k€5k▲
Financial income75/76B€16€98▲
Recurring financial income75€16€98▲
Financial charges65/66B€172€171▼
Recurring financial charges65€172€171▼
Profit (loss) for the period before taxes9903€2k€5k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€311€4k▲
Profit (loss) for the period to be appropriated9905€311€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€311€4k▲
Transfer to equity691/2€311€4k▲
To other reserves6921€311€4k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €41
Net result €41 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-945 ▼117%
Net result drops to €-945, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €6k ▲966%
Net result €6k, the highest in the series.
31-12
Financial
Liquidity times 5current ratio 1.03
Current ratio from 0.19 to 1.03; short-term debt falls from €15k to €7k.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €521
Net result €521 after one loss-making year.
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Turnhout · 1 establishment unit since 2016
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.
Victoriestraat 22300 TurnhoutGround area
72 m²
Building footprint
100 m²
Volume, LiDAR
560 m³
Parcel 13453T0249/00M005, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pizza Phone
since 20162.253.325.737
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453T0249/00M005 | Flanders | 72 m² | 1 · 100 m² | 12.3 m · 2 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 siteTurnhout2.253.325.737
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NNFF PRODUCTIONS
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DE PERANNEL
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NEW BOSPORUS
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Of 21,904 companies in sector 56112 we hold annual accounts for 9,781. 7,883 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-2016
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.