BeNaZo
ActiveThe computed 12-month bankruptcy probability of BeNaZo is 1.6% (moderate). The 2025 annual accounts show negative equity (€-8k) and a net result of €-36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 3614 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
7
/ 100
Critical▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▲+11
Growth52=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.45 against 0.71 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
-5.3%
Return on assets
-24.3%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€8k
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
16 d early
2023
120 d early
2022
21 d early
2021
18 d early
2020
60 d late
2019
27 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-8k
2024 · €28k
2018: €-139k
2019: €-154k
2020: €-121k
2021: €-23k
2022: €7k
2023: €31k
2024: €28k
2018 → 2025
Total assets
€147k▲ 13.4%
2024 · €130k
2018: €172k
2019: €152k
2020: €168k
2021: €133k
2022: €128k
2023: €147k
2024: €130k
2018 → 2025
Net result
€-36k▼ 1,061%
2024 · €-3k
2018: €14k
2019: €-15k
2020: €33k
2021: €98k
2022: €30k
2023: €24k
2024: €-3k
2018 → 2025
Working capital
€-77k▼ 166%
2024 · €-29k
2018: €-228k
2019: €-229k
2020: €-176k
2021: €-77k
2022: €-44k
2023: €-26k
2024: €-29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€7k€31k▲ 315%€28k▼ 9.9%€-8k
Operating result€114k-€41k▼ 64.0%€31k▼ 24.4%€4k▼ 86.6%€-27k
Net result€98k-€30k▼ 69.2%€24k▼ 21.8%€-3k€-36k▼ 1,061%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €4k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€85k▲ 44.7%
Current assets
€62k▼ 12.5%
Key figures and ratios
EBITDA
€-7k▼
2024 · €23k
Cash flow
€-15k▼
2024 · €16k
Solvency
-5.3%▼
2024 · 21.6%
Current ratio
0.45▼
2024 · 0.71
Quick ratio
0.29▼
2024 · 0.47
Debt / equity
-20.00▼
2024 · 3.63
ROE
461.9%▲
2024 · -11.0%
ROA
-24.3%▼
2024 · -2.4%
Interest coverage
-0.71▼
2024 · 2.57
Debt
€155k▲
2024 · €102k
Debt ≤ 1 year
€139k▲
2024 · €100k
Debt > 1 year
€14k
Income taxes
€141▲
2024 · €128
Staff costs
€637k▲
2024 · €582k
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€130k€147k▲
Fixed assets21/28€59k€85k▲
Tangible fixed assets22/27€58k€84k▲
Plant, machinery and equipment23€15k€42k▲
Furniture and vehicles24€7k€15k▲
Leasing and similar rights25€2k-
Other tangible fixed assets26€34k€28k▼
Financial fixed assets28€773€773=
Current assets29/58€71k€62k▼
Stocks and contracts in progress3€24k€22k▼
Stocks30/36€24k€22k▼
Amounts receivable within one year40/41€12k€11k▼
Trade receivables40€9k€4k▼
Other amounts receivable41€3k€8k▲
Current investments50/53€6k€6k=
Cash at bank and in hand54/58€17k€3k▼
Deferred charges and accrued income490/1€12k€20k▲
Equity and liabilities
Total equity and liabilities10/49€130k€147k▲
Equity10/15€28k€-8k▼
Contributions10/11€124k€124k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-108k€-144k▼
Amounts payable17/49€102k€155k▲
Amounts payable after more than one year17-€14k
Financial debts170/4-€14k
Amounts payable within one year42/48€100k€139k▲
Current portion of amounts payable after more than one year42€2k€12k▲
Financial debts43€10k€33k▲
Credit institutions430/8€10k€33k▲
Trade debts44€26k€28k▲
Suppliers440/4€26k€28k▲
Advances received on contracts in progress46€3k€1k▼
Taxes, remuneration and social security45€59k€65k▲
Taxes450/3€13k€16k▲
Remuneration and social security454/9€46k€49k▲
Other amounts payable47/48€336€541▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€582k€637k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€21k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€108-
Gross operating margin9900€608k€632k▲
Operating profit (loss)9901€4k€-27k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€-3k€-36k▼
Income taxes67/77€128€141▲
Profit (loss) for the period9904€-3k€-36k▼
Profit (loss) for the period to be appropriated9905€-3k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-108k€-144k▼
Profit (loss) brought forward from the previous period14P€-105k€-108k▼
Social balance
Average headcount (FTE)908710.810.7▼
The notes to these accounts (13 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €98k ▲193%
Operating result €114k, net result €98k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 60 days late
2020
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Wijnegem · 1 establishment unit since 1990
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.
Turnhoutsebaan 3872110 WijnegemGround area
475 m²
Building footprint
475 m²
Volume, LiDAR
2,082 m³
Parcel 11050B0181/00C000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Turnhoutsebaan 387, 2110 Wijnegem
since 19902.050.622.461
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0181/00C000 | Flanders | 475 m² | 1 · 475 m² | 9.6 m · 1 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).
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 332 EUR awarded · 332 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 92 EUR | 92 EUR |
| 2023 | 1 | 240 EUR | 240 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWijnegem2.050.622.461
Similar companies · same sector, comparable size
FITRAW
BE 0677.480.959
Elsene · Eq €28k
BARINMA
BE 0792.140.008
Geraardsbergen · Eq €28k
ALEXANDROS
BE 0468.011.835
Genk · Eq €28k
PASTA & BASTA
BE 0829.321.888
Schaarbeek · Eq €28k
CLAIR DE LUNE
BE 0808.596.156
Brussel · Eq €28k
Of 20,231 companies in sector 56111 we hold annual accounts for 11,311. 9,244 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-1990
Fiscal year end31-12
Trade name NL
De Swaen
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.