BTL
ActiveThe computed 12-month bankruptcy probability of BTL is 4.8% (elevated). The 2025 annual accounts show equity of €40k and a net result of €-3k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 3668 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▲+18
Solvency73▲+19
Growth52=
Track record94
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.86 against 1.08 in 2024; short-term debt: 52% and cash: 14.7% of total assets), and 52% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
48%
Return on assets
-4.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 4 filingsDeviation from the deadline
2025
26 d late
2024
52 d early
2023
56 d late
2022
422 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€40k▼ 8.0%
2024 · €43k
2022: €8k
2023: €64k
2024: €43k
2022 → 2025
Total assets
€82k▼ 44.8%
2024 · €149k
2022: €73k
2023: €114k
2024: €149k
2022 → 2025
Net result
€-3k▲ 83.6%
2024 · €-21k
2022: €5k
2023: €55k
2024: €-21k
2022 → 2025
Working capital
€-6k
2024 · €8k
2022: €-29k
2023: €24k
2024: €8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€8k-€64k▲ 655%€43k▼ 32.6%€40k▼ 8.0%
Operating result€6k-€74k▲ 1,198%€6k▼ 92.4%€-4k
Net result€5k-€55k▲ 914%€-21k€-3k▲ 83.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€46k▲ 31.8%
Current assets
€37k▼ 67.9%
Equity and liabilities €82k
Equity
€40k▼ 8.0%
Debt
€43k▼ 59.7%
The debt ratio falls from 71.2% to 52.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €12k
Cash flow
€7k▲
2024 · €-14k
Solvency
48.0%▲
2024 · 28.8%
Current ratio
0.86▼
2024 · 1.08
Quick ratio
0.58▼
2024 · 0.96
Debt / equity
1.08▼
2024 · 2.47
ROE
-8.7%▲
2024 · -48.5%
ROA
-4.2%▲
2024 · -14.0%
Interest coverage
1.80▲
2024 · 1.12
Debt
€43k▼
2024 · €106k
Debt ≤ 1 year
€43k▼
2024 · €106k
Income taxes
€-1k▼
2024 · €16k
Staff costs
€103k▲
2024 · €101k
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€149k€82k▼
Fixed assets21/28€35k€46k▲
Intangible fixed assets21€7k€6k▼
Tangible fixed assets22/27€22k€34k▲
Plant, machinery and equipment23€22k€32k▲
Furniture and vehicles24-€2k
Financial fixed assets28€5k€5k=
Current assets29/58€115k€37k▼
Stocks and contracts in progress3€13k€12k▼
Stocks30/36€13k€12k▼
Amounts receivable within one year40/41€10k-
Trade receivables40€7k-
Other amounts receivable41€2k-
Cash at bank and in hand54/58€85k€12k▼
Deferred charges and accrued income490/1€7k€13k▲
Equity and liabilities
Total equity and liabilities10/49€149k€82k▼
Equity10/15€43k€40k▼
Contributions10/11€3k€3k=
Capital10-€3k
Issued capital100-€3k
Profit (loss) carried forward14€40k€37k▼
Amounts payable17/49€106k€43k▼
Amounts payable within one year42/48€106k€43k▼
Trade debts44€63k€12k▼
Suppliers440/4€63k€12k▼
Taxes, remuneration and social security45€43k€26k▼
Taxes450/3€30k€9k▼
Remuneration and social security454/9€13k€17k▲
Other amounts payable47/48-€4k
Income statement
Code20242025
Remuneration, social security and pensions62€101k€103k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€11k▲
Other operating charges640/8€4k€10k▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€120k€119k▼
Operating profit (loss)9901€6k€-4k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€11k€4k▼
Recurring financial charges65€11k€4k▼
Profit (loss) for the period before taxes9903€-5k€-4k▲
Income taxes67/77€16k€-1k▼
Profit (loss) for the period9904€-21k€-3k▲
Profit (loss) for the period to be appropriated9905€-21k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€37k▼
Profit (loss) brought forward from the previous period14P€61k€40k▼
The notes to these accounts (8 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
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
09-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-21k ▼138%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 422 days late
2023
31-12
Financial
Highest result since 2022net €55k ▲914%
Operating result €74k, net result €55k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.48
Current ratio from 0.55 to 1.48; short-term debt falls from €65k to €50k.
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, Verviers · 1 establishment unit since 2022
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.
Rue de la Station 274800 VerviersGround area
6,748 m²
Building footprint
4,827 m²
Volume, LiDAR
77,033 m³
2 parcels, Wallonia · tallest building 25.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BTL
since 20222.332.208.216
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0604/00D002 | Wallonia | 6,611 m² | 1 · 4,730 m² | 25.6 m · 5 fl. |
| 63079A1460/00W003 | Wallonia | 137 m² | 1 · 98 m² | 16.8 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.332.208.216
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.