Bistro Time Out
ActiveThe computed 12-month bankruptcy probability of Bistro Time Out is 1.6% (moderate). The 2024 annual accounts show equity of €86k and a net result of €54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 18939 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+3
Solvency46▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.42 in 2023; short-term debt: 27.1% and cash: 16.9% of total assets), and 78.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 2024Solvency, return and age of the figures
Solvency
21.1%
Return on assets
13.4%
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
42 d early
2022
40 d early
2021
39 d early
2020
18 d early
2019
5 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€86k▲ 173%
2023 · €31k
2018: €-20k
2019: €498
2020: €14k
2021: €16k
2022: €-14k
2023: €31k
2018 → 2024
Total assets
€406k▲ 0.5%
2023 · €404k
2018: €336k
2019: €511k
2020: €521k
2021: €482k
2022: €471k
2023: €404k
2018 → 2024
Net result
€54k▲ 20.2%
2023 · €45k
2018: €-52k
2019: €21k
2020: €13k
2021: €2k
2022: €-29k
2023: €45k
2018 → 2024
Working capital
€-30k▲ 61.3%
2023 · €-77k
2018: €-80k
2019: €-76k
2020: €-42k
2021: €-63k
2022: €-130k
2023: €-77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€16k▲ 14.9%€-14k€31k€86k▲ 173%
Operating result€25k-€14k▼ 44.9%€3k▼ 81.5%€59k▲ 2,231%€85k▲ 43.3%
Net result€13k-€2k▼ 84.5%€-29k€45k€54k▲ 20.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 43% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €402k
Fixed assets
€322k▼ 6.6%
Current assets
€81k▲ 47.5%
Equity and liabilities €406k
Equity
€86k▲ 173%
Debt
€320k▼ 14.0%
The debt ratio falls from 92.2% to 78.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128k▲
2023 · €102k
Cash flow
€97k▲
2023 · €88k
Solvency
21.1%▲
2023 · 7.8%
Current ratio
0.73▲
2023 · 0.42
Quick ratio
0.68▲
2023 · 0.35
Debt / equity
3.73▼
2023 · 11.86
ROE
63.4%▼
2023 · 144.1%
ROA
13.4%▲
2023 · 11.2%
Interest coverage
9.75▲
2023 · 7.93
Debt
€320k▼
2023 · €373k
Debt ≤ 1 year
€110k▼
2023 · €131k
Debt > 1 year
€209k▼
2023 · €241k
Income taxes
€19k▲
2023 · €1k
Staff costs
€43k▲
2023 · €35k
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€404k€406k▲
Formation expenses20€5k€4k▼
Fixed assets21/28€345k€322k▼
Tangible fixed assets22/27€345k€322k▼
Land and buildings22€157k€147k▼
Plant, machinery and equipment23€9k€21k▲
Furniture and vehicles24€73k€58k▼
Other tangible fixed assets26€106k€95k▼
Current assets29/58€55k€81k▲
Stocks and contracts in progress3€8k€5k▼
Stocks30/36€8k€5k▼
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40-€3k
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€42k€69k▲
Deferred charges and accrued income490/1€1k€926▼
Equity and liabilities
Total equity and liabilities10/49€404k€406k▲
Equity10/15€31k€86k▲
Contributions10/11€19k€19k=
Reserves13€13k€25k▲
Distributable reserves133€13k€25k▲
Profit (loss) carried forward14-€42k
Amounts payable17/49€373k€320k▼
Amounts payable after more than one year17€241k€209k▼
Financial debts170/4€241k€209k▼
Amounts payable within one year42/48€131k€110k▼
Current portion of amounts payable after more than one year42€67k€48k▼
Financial debts43€313€313=
Credit institutions430/8€313€313=
Trade debts44€4k€20k▲
Suppliers440/4€4k€20k▲
Advances received on contracts in progress46€5k€6k▲
Taxes, remuneration and social security45€9k€19k▲
Taxes450/3€3k€14k▲
Remuneration and social security454/9€5k€5k▼
Other amounts payable47/48€46k€17k▼
Accrued charges and deferred income492/3-€773
Income statement
Code20232024
Remuneration, social security and pensions62€35k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€43k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€140k€174k▲
Operating profit (loss)9901€59k€85k▲
Financial income75/76B€51€2k▲
Recurring financial income75€51€2k▲
Financial charges65/66B€13k€13k▲
Recurring financial charges65€13k€13k▲
Profit (loss) for the period before taxes9903€47k€74k▲
Income taxes67/77€1k€19k▲
Profit (loss) for the period9904€45k€54k▲
Profit (loss) for the period to be appropriated9905€45k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€54k▲
Profit (loss) brought forward from the previous period14P€-34k-
Transfer to equity691/2€11k€13k▲
To other reserves6921€11k€13k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €54k ▲20.2%
Operating result €85k, net result €54k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 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, Malle · 1 establishment unit since 2011
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.
Antwerpsesteenweg 2202390 MalleGround area
562 m²
Building footprint
208 m²
Volume, LiDAR
1,518 m³
Parcel 11049A0355/00Y002, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BISTRO TIME OUT
since 20112.196.493.833
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049A0355/00Y002 | Flanders | 562 m² | 1 · 208 m² | 12.0 m · 3 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 siteMalle2.196.493.833
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MIEVERS STRO
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 7,987 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2011
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.