BITTERSWEET BEVERAGES
ActiveSummary
BITTERSWEET BEVERAGES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-5k) and a net result of €-6k. Equity is shrinking by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-10
Solvency6▼-20
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.84 in 2023; short-term debt: 118.7% and cash: 36.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
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
-18.7%
Return on assets
-20.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-5k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-11-2025, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
121 d late
2023
78 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-5k
2023 · €566
2018: €14k
2019: €15k
2020: €17k
2021: €13k
2022: €8k
2023: €566
2018 → 2024
Total assets
€29k▼ 70.7%
2023 · €98k
2018: €19k
2019: €16k
2020: €18k
2021: €13k
2022: €15k
2023: €98k
2018 → 2024
Net result
€-6k▲ 17.6%
2023 · €-7k
2018: €-3k
2019: €710
2020: €2k
2021: €-4k
2022: €-5k
2023: €-7k
2018 → 2024
Working capital
€-18k▼ 17.2%
2023 · €-15k
2018: €14k
2019: €15k
2020: €17k
2021: €13k
2022: €8k
2023: €-15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€13k▼ 25.7%€8k▼ 37.8%€566▼ 92.7%€-5k
Operating result€2k-€-4k€-5k▼ 9.0%€-7k▼ 52.8%€-6k▲ 17.8%
Net result€2k-€-4k€-5k▼ 9.1%€-7k▼ 52.6%€-6k▲ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €7k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€13k ▼ 20.6%
Current assets
€16k ▼ 80.5%
Key figures and ratios
EBITDA
€-3k▲
2023 · €-7k
Cash flow
€-3k▲
2023 · €-7k
Solvency
-18.7%▼
2023 · 0.6%
Current ratio
0.47▼
2023 · 0.84
Quick ratio
0.36▼
2023 · 0.80
Debt to equity
-6.35
ROA
-20.7%▼
2023 · -7.3%
Interest coverage
-60.16▲
2023 · -192.56
Debt
€34k▼
2023 · €98k
Debt ≤ 1 year
€34k▼
2023 · €98k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€98k€29k▼
Fixed assets21/28€16k€13k▼
Tangible fixed assets22/27€16k€13k▼
Furniture and vehicles24€16k€13k▼
Current assets29/58€82k€16k▼
Stocks and contracts in progress3€4k€4k▼
Stocks30/36€4k€4k▼
Amounts receivable within one year40/41€4k€1k▼
Trade receivables40€3k€699▼
Other amounts receivable41€1k€424▼
Cash at bank and in hand54/58€74k€11k▼
Deferred charges and accrued income490/1€669€582▼
Equity and liabilities
Total equity and liabilities10/49€98k€29k▼
Equity10/15€566€-5k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-19k€-25k▼
Amounts payable17/49€98k€34k▼
Amounts payable within one year42/48€98k€34k▼
Trade debts44€319€1k▲
Suppliers440/4€319€1k▲
Taxes, remuneration and social security45€54€390▲
Taxes450/3€54€390▲
Other amounts payable47/48€98k€33k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€479€3k▲
Other operating charges640/8€740€685▼
Gross operating margin9900€-6k€-2k▲
Operating profit (loss)9901€-7k€-6k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€35€44▲
Recurring financial charges65€35€44▲
Profit (loss) for the period before taxes9903€-7k€-6k▲
Profit (loss) for the period9904€-7k€-6k▲
Profit (loss) for the period to be appropriated9905€-7k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-25k▼
Profit (loss) brought forward from the previous period14P€-12k€-19k▼
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
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 121 days late
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
2023
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity times 8current ratio 105.67
Current ratio from 13.20 to 105.67; short-term debt falls from €1k to €120.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €2k ▲234%
Operating result €2k, net result €2k, both a record.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €710
Net result €710 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 15.23
Current ratio from 3.84 to 15.23; short-term debt falls from €5k to €1k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 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.
Fazantenlaan 292610 AntwerpenGround area
806 m²
Building footprint
193 m²
Volume, LiDAR
799 m³
Parcel 11051C0128/00A002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BITTERSWEET BEVERAGES
since 20162.249.660.721
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0128/00A002 | Flanders | 805 m² | 1 · 193 m² | 8.1 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 siteAntwerpen2.249.660.721
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Of 406 companies in sector 46370 we hold annual accounts for 210. 14 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46370Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.