BUDHA LAXMI
ActiveThe computed 12-month bankruptcy probability of BUDHA LAXMI is 1.8% (moderate). The 2024 annual accounts show equity of €147k and a net result of €-12k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 18942 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability40▼-29
Solvency52▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 2.91 in 2023; short-term debt: 15.7% and cash: 25.6% of total assets), but 72.6% 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 · 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 · 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
27.4%
Return on assets
-2.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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
69 d late
2023
31 d late
2022
66 d late
2021
61 d late
2020
153 d late
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€147k▼ 27.5%
2023 · €203k
2018: €76k
2019: €98k
2020: €178k
2021: €211k
2022: €197k
2023: €203k
2018 → 2024
Total assets
€537k▼ 13.8%
2023 · €622k
2018: €120k
2019: €156k
2020: €592k
2021: €635k
2022: €557k
2023: €622k
2018 → 2024
Net result
€-12k
2023 · €5k
2018: €23k
2019: €31k
2020: €79k
2021: €33k
2022: €-13k
2023: €5k
2018 → 2024
Working capital
€108k▼ 37.6%
2023 · €173k
2018: €44k
2019: €65k
2020: €155k
2021: €181k
2022: €165k
2023: €173k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€178k-€211k▲ 18.6%€197k▼ 6.3%€203k▲ 2.7%€147k▼ 27.5%
Operating result€113k-€57k▼ 49.5%€-9k€11k€-4k
Net result€79k-€33k▼ 58.3%€-13k€5k€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €537k
Fixed assets
€344k▼ 4.0%
Current assets
€192k▼ 27.1%
Equity and liabilities €537k
Equity
€147k▼ 27.5%
Debt
€390k▼ 7.2%
The debt ratio rises from 67.4% to 72.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24k▼
2023 · €38k
Cash flow
€15k▼
2023 · €32k
Solvency
27.4%▼
2023 · 32.6%
Current ratio
2.29▼
2023 · 2.91
Quick ratio
2.16▼
2023 · 2.82
Debt / equity
2.65▲
2023 · 2.07
ROE
-8.2%▼
2023 · 2.6%
ROA
-2.2%▼
2023 · 0.8%
Interest coverage
2.91▼
2023 · 5.87
Debt
€390k▼
2023 · €420k
Debt ≤ 1 year
€84k▼
2023 · €91k
Debt > 1 year
€305k▼
2023 · €329k
Income taxes
€381▼
2023 · €1k
Staff costs
€225k▲
2023 · €197k
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€622k€537k▼
Fixed assets21/28€358k€344k▼
Tangible fixed assets22/27€358k€344k▼
Land and buildings22€301k€283k▼
Plant, machinery and equipment23€53k€56k▲
Furniture and vehicles24€4k€5k▲
Current assets29/58€264k€192k▼
Stocks and contracts in progress3€9k€10k▲
Stocks30/36€9k€10k▲
Amounts receivable within one year40/41€53k€29k▼
Other amounts receivable41€53k€29k▼
Cash at bank and in hand54/58€181k€137k▼
Deferred charges and accrued income490/1€21k€15k▼
Equity and liabilities
Total equity and liabilities10/49€622k€537k▼
Equity10/15€203k€147k▼
Contributions10/11€12k€12k=
Reserves13€190k€147k▼
Distributable reserves133€190k€147k▼
Profit (loss) carried forward14-€-12k
Amounts payable17/49€420k€390k▼
Amounts payable after more than one year17€329k€305k▼
Financial debts170/4€329k€305k▼
Amounts payable within one year42/48€91k€84k▼
Current portion of amounts payable after more than one year42€21k€24k▲
Trade debts44€19k€16k▼
Suppliers440/4€19k€16k▼
Taxes, remuneration and social security45€51k€36k▼
Taxes450/3€5k€6k▲
Remuneration and social security454/9€45k€30k▼
Other amounts payable47/48€10€8k▲
Income statement
Code20232024
Remuneration, social security and pensions62€197k€225k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€238k€252k▲
Operating profit (loss)9901€11k€-4k▼
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€6k€-12k▼
Income taxes67/77€1k€381▼
Profit (loss) for the period9904€5k€-12k▼
Profit (loss) for the period to be appropriated9905€5k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-12k▼
Transfer from equity791/2-€44k
Transfer to equity691/2€5k-
To other reserves6921€5k-
Profit to be distributed694/7-€44k
Return on contributions (dividend)694-€44k
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
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Equity above €200kEq €203k ▲2.7%
Equity rises from €197k to €203k.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet €-13k ▼140%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Equity above €200kEq €211k ▲18.6%
4 profitable years in a row build equity to €211k.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
31-12
Financial
Highest result since 2018net €79k ▲154%
Operating result €113k, net result €79k, both a record.
31-12
Financial
Equity above €150kEq €178k ▲80.5%
3 profitable years in a row build equity to €178k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 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
6 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, Bonheiden · 1 establishment unit since 2007
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.
Rijmenamseweg 2302820 BonheidenGround area
1,361 m²
Building footprint
209 m²
Volume, LiDAR
1,023 m³
Parcel 12031C0051/00T000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wabi Sabi Sushi Bar
since 20072.162.927.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031C0051/00T000 | Flanders | 1,361 m² | 1 · 209 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 siteBonheiden2.162.927.180
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Of 1,352 companies in sector 56220 we hold annual accounts for 405. 291 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2007
Fiscal year end31-12
Activities, NACEBEL
56220Contract catering and other food service activities
56290Food and beverage service activities
56301Cafés and bars
72100
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.