BRASSERIE 'T VERTIER
ActiveThe computed 12-month bankruptcy probability of BRASSERIE 'T VERTIER is 2.9% (moderate). The 2024 annual accounts show negative equity (€-12k) and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 2935 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency13▼-17
Growth58=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 1.14 in 2023; short-term debt: 111.5% and cash: 40.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 →
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
-11.5%
Return on assets
-16.1%
Age of the figures
21 mo
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 · 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 €-12k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
99 d late
2022
130 d late
2021
73 d late
2020
61 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-12k
2023 · €5k
2018: €21k
2019: €5k
2020: €35k
2021: €46k
2022: €19k
2023: €5k
2018 → 2024
Total assets
€102k▲ 6.5%
2023 · €96k
2018: €82k
2019: €71k
2020: €85k
2021: €96k
2022: €87k
2023: €96k
2018 → 2024
Net result
€-16k▼ 16.0%
2023 · €-14k
2018: €-22k
2019: €-16k
2020: €30k
2021: €10k
2022: €-27k
2023: €-14k
2018 → 2024
Working capital
€-18k
2023 · €12k
2018: €-13k
2019: €-22k
2020: €10k
2021: €26k
2022: €21k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€46k▲ 29.4%€19k▼ 59.0%€5k▼ 75.2%€-12k
Operating result€38k-€6k▼ 84.9%€-24k€-12k▲ 50.7%€-14k▼ 18.4%
Net result€30k-€10k▼ 65.8%€-27k€-14k▲ 47.7%€-16k▼ 16.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2024 against €12k in 2023; the loss grows.
Balance-sheet composition
Assets €102k
Fixed assets
€6k
Current assets
€95k
Key figures and ratios
EBITDA
€-13k▼
2023 · €-2k
Cash flow
€-16k▼
2023 · €-4k
Solvency
-11.5%▼
2023 · 4.9%
Current ratio
0.84▼
2023 · 1.14
Quick ratio
0.54▼
2023 · 0.77
Debt / equity
-9.69▼
2023 · 19.60
ROA
-16.1%▼
2023 · -14.8%
Interest coverage
-5.74▼
2023 · -0.87
Debt
€113k▲
2023 · €91k
Debt ≤ 1 year
€113k▲
2023 · €84k
Staff costs
€5k▲
2023 · €194
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€96k€102k▲
Fixed assets21/28-€6k
Tangible fixed assets22/27-€6k
Plant, machinery and equipment23-€1k
Furniture and vehicles24-€5k
Current assets29/58€96k€95k▼
Stocks and contracts in progress3€31k€34k▲
Stocks30/36€31k€34k▲
Amounts receivable within one year40/41€10k€19k▲
Trade receivables40-€5k
Other amounts receivable41€10k€13k▲
Cash at bank and in hand54/58€54k€42k▼
Deferred charges and accrued income490/1€616€683▲
Equity and liabilities
Total equity and liabilities10/49€96k€102k▲
Equity10/15€5k€-12k▼
Contributions10/11€20k€20k=
Outside capital11€20k-
Other1109/19€20k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-17k€-34k▼
Amounts payable17/49€91k€113k▲
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€84k€113k▲
Current portion of amounts payable after more than one year42-€2k
Financial debts43-€260
Credit institutions430/8-€260
Trade debts44€62k€79k▲
Suppliers440/4€62k€79k▲
Taxes, remuneration and social security45€18k€27k▲
Taxes450/3€7k€27k▲
Remuneration and social security454/9€11k-
Other amounts payable47/48€4k€5k▲
Income statement
Code20232024
Non-recurring operating income76A€649-
Remuneration, social security and pensions62€194€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€740▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€175€-5k▼
Operating profit (loss)9901€-12k€-14k▼
Financial income75/76B-€53
Recurring financial income75-€53
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-14k€-16k▼
Profit (loss) for the period9904€-14k€-16k▼
Profit (loss) for the period to be appropriated9905€-14k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-34k▼
Profit (loss) brought forward from the previous period14P€-3k€-17k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 99 days late
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 130 days late
2022
31-12
Financial
Weakest financial yearnet €-27k ▼359%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 73 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 126 days late
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 35 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 45 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
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, Aalst · 1 establishment unit since 2014
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.
Meldert-Dorp 19310 AalstGround area
753 m²
Building footprint
134 m²
Volume, LiDAR
765 m³
Parcel 41039B0141/00C000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
' T Vertier
since 20142.232.324.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41039B0141/00C000 | Flanders | 753 m² | 1 · 134 m² | 7.7 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 siteAalst2.232.324.148
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 4,824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2014
Fiscal year end31-12
Trade name NL
'T VERTIER
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56220Contract catering and other food service activities
56290Food and beverage service activities
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.