BORD'O
ActiveThe computed 12-month bankruptcy probability of BORD'O is 1.5% (moderate). The 2025 annual accounts show equity of €142k and a net result of €128k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 46% of 13204 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+10
Solvency51▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.85 in 2024; short-term debt: 46.6% and cash: 27% of total assets), and 74.2% 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.8%
Return on assets
23.3%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
50 d early
2024
29 d early
2023
96 d early
2022
64 d late
2021
54 d early
2020
20 d late
2019
67 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€142k=
2024 · €142k
2018: €86k
2019: €146k
2020: €222k
2021: €233k
2022: €233k
2023: €233k
2024: €142k
2018 → 2025
Total assets
€551k▼ 14.1%
2024 · €641k
2018: €364k
2019: €781k
2020: €775k
2021: €1.01M
2022: €921k
2023: €766k
2024: €641k
2018 → 2025
Net result
€128k▲ 32.5%
2024 · €97k
2018: €36k
2019: €60k
2020: €76k
2021: €151k
2022: €122k
2023: €134k
2024: €97k
2018 → 2025
Working capital
€-57k▼ 23.0%
2024 · €-46k
2018: €-4k
2019: €51k
2020: €121k
2021: €212k
2022: €188k
2023: €79k
2024: €-46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€233k-€233k=€233k=€142k▼ 39.0%€142k=
Operating result€194k-€169k▼ 13.1%€188k▲ 11.6%€131k▼ 30.5%€173k▲ 32.2%
Net result€151k-€122k▼ 19.1%€134k▲ 9.2%€97k▼ 27.6%€128k▲ 32.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 32% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €551k
Fixed assets
€351k▼ 7.0%
Current assets
€200k▼ 24.1%
Equity and liabilities €551k
Equity
€142k=
Debt
€409k▼ 18.1%
The debt ratio falls from 77.9% to 74.2%. Debt is lower.
Key figures and ratios
EBITDA
€221k▲
2024 · €178k
Cash flow
€176k▲
2024 · €144k
Solvency
25.8%▲
2024 · 22.1%
Current ratio
0.78▼
2024 · 0.85
Quick ratio
0.65▼
2024 · 0.75
Debt / equity
2.88▼
2024 · 3.52
ROE
90.3%▲
2024 · 68.1%
ROA
23.3%▲
2024 · 15.1%
Interest coverage
27.24▲
2024 · 21.72
Debt
€409k▼
2024 · €499k
Debt ≤ 1 year
€257k▼
2024 · €309k
Debt > 1 year
€153k▼
2024 · €190k
Income taxes
€37k▲
2024 · €27k
Staff costs
€164k▲
2024 · €159k
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€641k€551k▼
Fixed assets21/28€378k€351k▼
Tangible fixed assets22/27€378k€351k▼
Land and buildings22€265k€253k▼
Plant, machinery and equipment23€106k€91k▼
Furniture and vehicles24€7k€8k▲
Current assets29/58€263k€200k▼
Amounts receivable after more than one year29€9k€10k▲
Other amounts receivable291€9k€10k▲
Stocks and contracts in progress3€32k€32k▼
Stocks30/36€32k€32k▼
Amounts receivable within one year40/41€11k€3k▼
Trade receivables40€11k€644▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€205k€149k▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€641k€551k▼
Equity10/15€142k€142k=
Contributions10/11€50k€50k=
Reserves13€92k€92k=
Distributable reserves133€92k€92k=
Amounts payable17/49€499k€409k▼
Amounts payable after more than one year17€190k€153k▼
Financial debts170/4€182k€145k▼
Other amounts payable178/9€8k€8k▲
Amounts payable within one year42/48€309k€257k▼
Current portion of amounts payable after more than one year42€69k€57k▼
Trade debts44€43k€13k▼
Suppliers440/4€43k€13k▼
Advances received on contracts in progress46€7k€9k▲
Taxes, remuneration and social security45€34k€49k▲
Taxes450/3€21k€35k▲
Remuneration and social security454/9€13k€13k▲
Other amounts payable47/48€157k€128k▼
Income statement
Code20242025
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€159k€164k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€48k▲
Other operating charges640/8€4k€7k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€340k€403k▲
Operating profit (loss)9901€131k€173k▲
Financial income75/76B€998€620▼
Recurring financial income75€998€620▼
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€124k€165k▲
Income taxes67/77€27k€37k▲
Profit (loss) for the period9904€97k€128k▲
Profit (loss) for the period to be appropriated9905€97k€128k▲
Appropriation of the result
Profit (loss) to be appropriated9906€97k€128k▲
Transfer from equity791/2€91k-
Profit to be distributed694/7€188k€128k▼
Return on contributions (dividend)694€188k€128k▼
The notes to these accounts (6 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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €151k ▲99.8%
Operating result €194k, net result €151k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Equity above €200kEq €222k ▲51.9%
3 profitable years in a row build equity to €222k.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €146k ▲69.6%
2 profitable years in a row build equity to €146k.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Middelkerke · 1 establishment unit since 2017
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.
Leopoldlaan 1048430 MiddelkerkeGround area
208 m²
Building footprint
238 m²
Volume, LiDAR
3,255 m³
Parcel 35011B0180/00Z088, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BORD’O
since 20172.270.254.910
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35011B0180/00Z088 | Flanders | 208 m² | 1 · 238 m² | 18.4 m · 5 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 siteMiddelkerke2.270.254.910
Similar companies · same sector, comparable size
DISORDER
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BE 0416.156.823
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TRATTORIA ROMA
BE 0727.622.833
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LA CASTELLANA
BE 0424.818.824
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Kaïsha
BE 0666.505.410
Sint-Genesius-Rode · Eq €142k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.