BISTRO PASIL
Open bankruptcyFinancials · financial year 2023, micro format
2023 annual accounts filed late (26 days) Filed on 26 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00379138.
Turnover
€125,999▲ 26.4%
2018 · €99,700
EBIT margin
5.3%▲ 14.2pp
2018 · -8.9%
Net result
€11,693
2022 · -€16,394
Working capital
-€13,629▲ 51.0%
2022 · -€27,805
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result returns to profit in 2023: €12,100 after a loss of €15,475 in 2022, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€125,999
2019
Operating result€12,100
2023
Net result€11,693
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€22,499
2023
Equity-€56,596
2023
Debt€79,095
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€13,629
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin5.3%
2019
Return on assets (ROA)52.0%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-251.6%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.61
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)0.2
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€99,700-€125,999▲ 26.4%
Operating result-€8,833-€6,683-€9,144-€8,152▲ 10.8%-€15,475▼ 89.8%€12,100
Net result-€9,093-€5,729-€10,047below the sector's middle half-€9,008below the sector's middle half▲ 10.3%-€16,394below the sector's middle half▼ 82.0%€11,693within the sector's middle half
EBIT margin-8.9%-5.3%▲ 14.2pp
Equity-€37,757--€32,840▲ 13.0%-€42,887below the sector's middle half▼ 30.6%-€51,894below the sector's middle half▼ 21.0%-€68,289below the sector's middle half▼ 31.6%-€56,596below the sector's middle half▲ 17.1%
Total assets€34,929-€44,112▲ 26.3%€25,150below the sector's middle half▼ 43.0%€31,113below the sector's middle half▲ 23.7%€18,713below the sector's middle half▼ 39.9%€22,499below the sector's middle half▲ 20.2%
Debt€72,686-€76,951▲ 5.9%€68,036▼ 11.6%€83,007▲ 22.0%€87,002▲ 4.8%€79,095▼ 9.1%
Working capital€467-€5,675▲ 1,115%-€3,451within the sector's middle half-€12,562within the sector's middle half▼ 264%-€27,805within the sector's middle half▼ 121%-€13,629within the sector's middle half▲ 51.0%
Solvency-108.1%--74.4%▲ 33.6pp-170.5%below the sector's middle half▼ 96.1pp-166.8%below the sector's middle half▲ 3.7pp-364.9%below the sector's middle half▼ 198.1pp-251.6%below the sector's middle half▲ 113.4pp
Current ratio1.02-1.21▲ 0.190.84within the sector's middle half▼ 0.370.68within the sector's middle half▼ 0.160.35below the sector's middle half▼ 0.330.61within the sector's middle half▲ 0.26
Return on assets (ROA)-26.0%-13.0%▲ 39.0pp-39.9%below the sector's middle half▼ 52.9pp-29.0%below the sector's middle half▲ 11.0pp-87.6%below the sector's middle half▼ 58.7pp52.0%above the sector's middle half▲ 139.6pp
Staff (FTE)0.3-0.3=0.1below the sector's middle half▼ 66.7%0.1=0.2▲ 100%
above
within
below
the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €22,499
Fixed assets
€1,102 ▼ 69.3%
Current assets
€21,397 ▲ 41.4%
Equity and liabilities
Equity-€56,596
Debt€79,095
Equity is negative: debt (€79,095) exceeds the balance-sheet total (€22,499).
Key figures and ratios
EBITDA
€14,584▲
2022 · -€12,922
Cash flow
€14,176▲
2022 · -€13,841
Quick ratio
0.46▲
2022 · 0.23
Interest coverage
35.79▲
2022 · -14.02
Debt ≤ 1 year
€35,025▼
2022 · €42,932
Debt > 1 year
€44,000=
2022 · €44,000
Staff costs
€1,692▼
2022 · €3,844
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €99,700 | €125,999 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €2,895 | €3,844 | €1,692 | ▼ 56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,421 | €5,102 | €4,105 | €2,925 | €2,553 | €2,483 | ▼ 2.7% |
| Other operating charges640/8 | - | - | - | €594 | €724 | €650 | ▼ 10.2% |
| Non-recurring operating charges66A | - | - | - | - | €23 | €0 | ▼ 100% |
| Gross operating margin9900 | €2,383 | €20,293 | -€751 | -€1,737 | -€8,331 | €16,925 | - |
| Operating profit (loss)9901 | -€8,833 | €6,683 | -€9,144 | -€8,152 | -€15,475 | €12,100 | - |
| Financial income75/76B | - | - | - | €0 | €2 | €0 | ▼ 99.0% |
| Recurring financial income75 | €1 | €0 | €5 | €0 | €2 | €0 | ▼ 99.0% |
| Financial charges65/66B | - | - | - | €856 | €922 | €407 | ▼ 55.8% |
| Recurring financial charges65 | €261 | €954 | €908 | €856 | €922 | €407 | ▼ 55.8% |
| Profit (loss) for the period before taxes9903 | -€9,093 | €5,729 | -€10,047 | -€9,008 | -€16,394 | €11,693 | - |
| Profit (loss) for the period9904 | -€9,093 | €5,729 | -€10,047 | -€9,008 | -€16,394 | €11,693 | - |
| Profit (loss) for the period to be appropriated9905 | -€9,093 | €5,729 | -€10,047 | -€9,008 | -€16,394 | €11,693 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €34,929 | €44,112 | €25,150 | €31,113 | €18,713 | €22,499 | ▲ 20.2% |
| Fixed assets21/28 | €5,776 | €11,497 | €7,593 | €4,667 | €3,585 | €1,102 | ▼ 69.3% |
| Tangible fixed assets22/27 | €5,776 | €11,497 | €7,392 | €4,466 | €3,134 | €651 | ▼ 79.2% |
| Land and buildings22 | - | - | - | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,508 | €589 | €0 | ▼ 100.0% |
| Furniture and vehicles24 | - | - | - | €2,959 | €2,545 | €651 | ▼ 74.4% |
| Financial fixed assets28 | - | - | €201 | €201 | €451 | €451 | = |
| Current assets29/58 | €29,153 | €32,615 | €17,557 | €26,445 | €15,128 | €21,397 | ▲ 41.4% |
| Stocks and contracts in progress3 | €6,611 | €6,320 | €6,186 | €5,763 | €5,347 | €5,129 | ▼ 4.1% |
| Stocks30/36 | - | - | - | €5,763 | €5,347 | €5,129 | ▼ 4.1% |
| Amounts receivable within one year40/41 | €3,322 | €4,651 | €5,493 | €4,015 | €3,321 | €3,804 | ▲ 14.5% |
| Trade receivables40 | - | - | - | €792 | €0 | €669 | - |
| Other amounts receivable41 | - | - | - | €3,223 | €3,321 | €3,134 | ▼ 5.6% |
| Cash at bank and in hand54/58 | €18,328 | €21,488 | €4,709 | €15,525 | €5,254 | €11,620 | ▲ 121% |
| Deferred charges and accrued income490/1 | - | - | - | €1,142 | €1,205 | €844 | ▼ 30.0% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €34,929 | €44,112 | €25,150 | €31,113 | €18,713 | €22,499 | ▲ 20.2% |
| Equity10/15 | -€37,757 | -€32,840 | -€42,887 | -€51,894 | -€68,289 | -€56,596 | ▲ 17.1% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€56,357 | -€51,440 | -€61,487 | -€70,494 | -€86,889 | -€75,196 | ▲ 13.5% |
| Amounts payable17/49 | €72,686 | €76,951 | €68,036 | €83,007 | €87,002 | €79,095 | ▼ 9.1% |
| Amounts payable after more than one year17 | €44,000 | €50,011 | €47,028 | €44,000 | €44,000 | €44,000 | = |
| Financial debts170/4 | - | - | - | €0 | - | - | - |
| Other amounts payable178/9 | - | - | - | €44,000 | €44,000 | €44,000 | = |
| Amounts payable within one year42/48 | €28,686 | €26,940 | €21,008 | €39,007 | €42,932 | €35,025 | ▼ 18.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,028 | €0 | - | - |
| Trade debts44 | €6,055 | €5,923 | €1,039 | €4,463 | €4,215 | €2,933 | ▼ 30.4% |
| Suppliers440/4 | - | - | - | €4,463 | €4,215 | €2,933 | ▼ 30.4% |
| Taxes, remuneration and social security45 | - | - | - | €1,979 | €4,559 | €4,676 | ▲ 2.6% |
| Taxes450/3 | - | - | - | €292 | €2,756 | €3,284 | ▲ 19.1% |
| Remuneration and social security454/9 | - | - | - | €1,687 | €1,803 | €1,393 | ▼ 22.7% |
| Other amounts payable47/48 | - | - | - | €29,537 | €34,159 | €27,416 | ▼ 19.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €69 | €69 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,093 | €5,729 | -€10,047 | -€9,008 | -€16,394 | €11,693 | - |
| + Depreciation and write-downs630 | €3,421 | €5,102 | €4,105 | €2,925 | €2,553 | €2,483 | ▼ 2.7% |
| Operating cash flow (approximation) | -€5,672 | €10,831 | -€5,942 | -€6,082 | -€13,841 | €14,176 | - |
| Investment in fixed assets (approximation) | - | -€10,823 | -€201 | €0 | -€1,471 | €0 | - |
| Change in cash | - | €3,161 | -€16,779 | €10,816 | -€10,270 | €6,366 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 26-08-2024 | 2024-00379138 |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00334786 |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20248134 |
| 31-12-2020 | micro format | 24-08-2021 | 2021-52600320 |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35200571 |
| 31-12-2018 | micro format | 18-06-2019 | 2019-19000289 |
| 31-12-2017 | micro format | 27-08-2018 | 2018-49600315 |
| 31-12-2016 | micro format | 11-08-2017 | 2017-42600136 |
| 31-12-2015 | abbreviated format | 12-08-2016 | 2016-41800492 |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-48600037 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 13,723 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 4,906. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.