BORRELHUIS
ActiveBORRELHUIS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €7k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 41% of 801 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-12
Solvency47=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.89 in 2024; short-term debt: 74.7% and cash: 31.1% of total assets), and 77.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
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
22.1%
Return on assets
1.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €111k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
1 d early
2022
30 d late
2021
2 d early
2020
2 d early
2019
68 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▼ 86.1%
2024 · €49k
2018: €-21k
2019: €-23k
2020: €15k
2021: €-9k
2022: €-76k
2023: €-31k
2024: €49k
2018 → 2025
Working capital
€-25k▲ 35.2%
2024 · €-39k
2018: €-8k
2019: €-28k
2020: €-29k
2021: €-18k
2022: €-87k
2023: €-94k
2024: €-39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€162k-€86k▼ 46.7%€55k▼ 36.4%€104k▲ 89.3%€111k▲ 6.6%
Operating result€-25-€-64k▼ 255,656%€-16k▲ 75.6%€65k€20k▼ 68.4%
Net result€-9k-€-76k▼ 756%€-31k▲ 58.4%€49k€7k▼ 86.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 68% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €501k
Fixed assets
€152k▼ 10.7%
Current assets
€349k▲ 15.1%
Equity and liabilities €501k
Equity
€111k▲ 6.6%
Debt
€391k▲ 5.6%
The debt ratio falls from 78.1% to 77.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92k▼
2024 · €134k
Cash flow
€78k▼
2024 · €119k
Solvency
22.1%▲
2024 · 21.9%
Current ratio
0.93▲
2024 · 0.89
Quick ratio
0.76▲
2024 · 0.76
Debt / equity
3.53▼
2024 · 3.56
ROE
6.2%▼
2024 · 47.2%
ROA
1.4%▼
2024 · 10.3%
Interest coverage
6.48▼
2024 · 8.60
Debt
€391k▲
2024 · €370k
Debt ≤ 1 year
€375k▲
2024 · €342k
Debt > 1 year
€16k▼
2024 · €27k
Income taxes
€401▲
2024 · €323
Staff costs
€668k▼
2024 · €714k
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€474k€501k▲
Fixed assets21/28€170k€152k▼
Intangible fixed assets21€1k€934▼
Tangible fixed assets22/27€147k€129k▼
Land and buildings22€56k€42k▼
Plant, machinery and equipment23€50k€51k▲
Furniture and vehicles24€37k€22k▼
Other tangible fixed assets26€4k€14k▲
Financial fixed assets28€22k€22k=
Current assets29/58€303k€349k▲
Stocks and contracts in progress3€42k€63k▲
Stocks30/36€42k€63k▲
Amounts receivable within one year40/41€121k€119k▼
Trade receivables40€63k€75k▲
Other amounts receivable41€58k€44k▼
Cash at bank and in hand54/58€124k€156k▲
Deferred charges and accrued income490/1€17k€12k▼
Equity and liabilities
Total equity and liabilities10/49€474k€501k▲
Equity10/15€104k€111k▲
Contributions10/11€112k€112k=
Capital10€112k€112k=
Issued capital100€112k€112k=
Reserves13€23k€23k=
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-31k€-24k▲
Amounts payable17/49€370k€391k▲
Amounts payable after more than one year17€27k€16k▼
Financial debts170/4€27k€16k▼
Amounts payable within one year42/48€342k€375k▲
Current portion of amounts payable after more than one year42€105k€33k▼
Financial debts43-€75k
Credit institutions430/8-€75k
Trade debts44€60k€107k▲
Suppliers440/4€60k€107k▲
Advances received on contracts in progress46€901€1k▲
Taxes, remuneration and social security45€112k€104k▼
Taxes450/3€34k€23k▼
Remuneration and social security454/9€77k€80k▲
Other amounts payable47/48€65k€55k▼
Accrued charges and deferred income492/3-€212
Income statement
Code20242025
Remuneration, social security and pensions62€714k€668k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€71k▲
Other operating charges640/8€27k€28k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€875k€792k▼
Operating profit (loss)9901€65k€20k▼
Financial income75/76B€344€915▲
Recurring financial income75€344€915▲
Financial charges65/66B€16k€14k▼
Recurring financial charges65€16k€14k▼
Profit (loss) for the period before taxes9903€49k€7k▼
Income taxes67/77€323€401▲
Profit (loss) for the period9904€49k€7k▼
Profit (loss) for the period to be appropriated9905€49k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-24k▲
Profit (loss) brought forward from the previous period14P€-80k€-31k▲
Social balance
Average headcount (FTE)908715.429.4▲
The notes to these accounts (19 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
26-08
State Gazette act
Registered office · Other addresses · Resignations & appointmentsGeneral meeting · Director resignation · Company attribute change3 facts ▸
State Gazette act
Registered office · Other addresses · Resignations & appointments
General meeting · Director resignation · Company attribute change3 facts ▸
- General meeting, 2026-07-24
- Director resignation, Alfred Baerts (bestuurder)
- Company attribute change, info@borrelhuis.be, 2026-07-24
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €49k
Net result €49k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €104k ▲89.3%
Equity rises from €55k to €104k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-76k
Net result drops to €-76k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-07-2026
Resigned as Director
Location & real-estate footprint
Registered office, Hasselt · 2 establishment units since 1994
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.
Witte Nonnenstraat 283500 HasseltGround area
2,126 m²
Building footprint
396 m²
Volume, LiDAR
5,033 m³
2 parcels, Flanders · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
BORRELHUIS
since 19942.066.007.453
De KwiZien
since 20062.300.678.167
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0008/00R002 | Flanders | 1,516 m² | 1 · 188 m² | 16.2 m · 5 fl. |
| 71022H0008/00S002 | Flanders | 610 m² | 1 · 208 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 445 EUR awarded · 116 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 329 EUR | 0 EUR |
| 2022 | 1 | 116 EUR | 116 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHasselt2.066.007.453
Hasselt2.300.678.167
Dual-learning approval
5 live approvals · 10 endedKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Kok duaal (so)
Restaurant en keuken duaal (so)
Similar companies · same sector, comparable size
DA NONNA PEPPA
BE 0733.854.587
Gerpinnes · Eq €111k
FOBO
BE 0567.620.343
Gent · Eq €111k
BROTHERS
BE 0786.724.339
Oudenaarde · Eq €111k
XIN HAI
BE 0845.442.595
Genappe · Eq €111k
Fezan
BE 0674.734.176
Brugge · Eq €111k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-01-1994
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 32 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.
Contact details
1 entryE-mail:info@borrelhuis.be