BISTRO M
The computed 12-month bankruptcy probability of BISTRO M is 4.0% (moderate). The 2024 annual accounts show negative equity (€-97k) and a net result of €-48k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 5% of 548 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-97k |
| Net result | €-48k |
| Staff (FTE) | 0.9 |
| Better than sector | 5% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -348.2% | 19.1% | |
| Net result | €-48k | €19k | |
| Equity | €-97k | €64k | |
| Gross operating margin | €21k | €293k | |
| Staff costs | €47k | €239k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-35k |
| Net profit | €-48k |
| Cash flow | €-36k |
| Staff costs | €47k |
| Income taxes | - |
| Dividends | - |
| Total assets | €28k |
| Equity | €-97k |
| Debt | €125k |
| of which ≤ 1y | €124k |
| of which > 1y | - |
| Working capital | €-111k |
| Employees (FTE) | 0.9 |
| 2024 | |
|---|---|
| Current ratio | 0.10 |
| Quick ratio | 0.10 |
| Working capital ratio | -399.1% |
| Solvency | -348.2% |
| Debt / equity | -1.29 |
| Long-term debt ratio | - |
| Interest coverage | -32.69 |
| Gross margin | - |
| Net margin | - |
| ROA | -170.4% |
| ROE | 48.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €28k |
| Fixed assets | 21/28 | €15k |
| Tangible fixed assets | 22/27 | €14k |
| Financial fixed assets | 28 | €900 |
| Current assets | 29/58 | €13k |
| Stocks & contracts in progress | 3 | €500 |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €28k |
| Equity | 10/15 | €-97k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-116k |
| Amounts payable | 17/49 | €125k |
| Amounts payable within one year | 42/48 | €124k |
| Trade debts payable within one year | 44 | €32k |
| Income statement | ||
| Gross operating margin | 9900 | €21k |
| Operating result | 9901 | €-47k |
| Financial income | 75 | €14 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-48k |
| Net result for the period | 9904 | €-48k |
| Result to be appropriated | 9905 | €-48k |
-
Current01-12-2025 → present
2 events
- 01-12-2025 Resigned· Director
- 01-12-2025 Mandate renewed· Director
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 01-07-2015 |
| Status | Active |
| Postal code | 2275 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13047D0004/00D000 | Flanders | 1,068 m² | 1 · 142 m² | 7.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
01-12-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": true,
"effective_date": "2025-11-27",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0633.631.417",
"name_full": "BISTRO M",
"legal_form": "BVBA"
},
"signature_regime": "solo",
"special_mandates": [
{
"quote": "Er werd aan KAMA Accounting \u0026 Fiscaliteit BV (BE0472.463.541), kantoorhoudende te 2470 Retie, Provinciebaan 64 A, een bijzondere volmacht gegeven om de vennootschap te vertegenwoordigen tegenover alle belastingadministraties, waaronder de B.T.W., alsook tegenover de kruispuntbank van ondernemingen en het ondernemingsloket, teneinde aldaar alle aanvragen, inschrijvingen, wijzigingen, doorhalingen, schrappingen en alle administratieve verrichtingen van de vennootschap uit te voeren.",
"holder_kbo": "BE0472.463.541",
"holder_name": "KAMA Accounting \u0026 Fiscaliteit BV",
"scope_categories": [
"tax",
"kbo",
"filing"
],
"with_substitution": false
}
],
"governance_change": {
"admin_delegated_added": []
}
}31-07-2023 Registered office moved from Arendonk to Lille
- Vrijheid 27, 2370 Arendonk → Blommerschotsebaan 13, 2275 Lille
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Lille",
"region": null,
"street": "Blommerschotsebaan",
"country": "BE",
"postcode": "2275",
"box_number": null,
"street_number": "13"
},
"old_address": {
"city": "Arendonk",
"region": null,
"street": "Vrijheid",
"country": "BE",
"postcode": "2370",
"box_number": null,
"street_number": "27"
},
"effective_date": "2023-07-03",
"evidence_quote": "wordt besloten de zetel van de vennootschap te 2370 Arendonk, Vrijheid 27 te verplaatsen naar Blommerschotsebaan 13, 2275 Lille."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0633.631.417",
"name_full": "BISTRO M",
"legal_form": "BVBA"
}
}17-07-2015 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2370 Arendonk, Vrijheid 27",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1986-06-13",
"name": "Maarten Bertels",
"niss": null,
"address": "2275 Lille, Blommerschotsebaan 13"
},
"share_class": "gelijke aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 18600,
"holder_person_name": "Maarten Bertels",
"is_subscriber_only": false,
"n_shares_subscribed": 186,
"amount_subscribed_eur": 18600,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0633.631.417",
"name_full": "BISTRO M",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2015-07-01",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BISTRO M |