Summary
Conclusion
the dossier summarised in one paragraphThe file of BUFFON contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 5.0% (elevated). The 2024 annual accounts show equity of €72k and a net result of €27k. Equity is growing by ~95.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 550 sector peers (fiscal year 2024).
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 eventsTrust signals
1 signalAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.7% | 19.1% | |
| Net result | €27k | €19k | |
| Equity | €72k | €64k | |
| Gross operating margin | €672k | €293k | |
| Staff costs | €296k | €239k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €148k |
| Net profit | €27k |
| Cash flow | €131k |
| Staff costs | €296k |
| Income taxes | €11k |
| Dividends | - |
| Total assets | €831k |
| Equity | €72k |
| Debt | €759k |
| of which ≤ 1y | €717k |
| of which > 1y | €42k |
| Working capital | €-125k |
| Employees (FTE) | 12.2 |
| 2024 | |
|---|---|
| Current ratio | 0.83 |
| Quick ratio | 0.79 |
| Working capital ratio | -15.0% |
| Solvency | 8.7% |
| Debt / equity | 10.50 |
| Long-term debt ratio | 0.58 |
| Interest coverage | 23.29 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.3% |
| ROE | 37.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €831k |
| Fixed assets | 21/28 | €238k |
| Formation expenses | 20 | €385 |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €232k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €593k |
| Stocks & contracts in progress | 3 | €25k |
| Amounts receivable within one year | 40/41 | €383k |
| Cash & bank | 54/58 | €184k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €831k |
| Equity | 10/15 | €72k |
| Contributions / capital | 10/11 | €50k |
| Reserves | 13 | €38k |
| Accumulated profits (losses) | 14 | €-16k |
| Amounts payable | 17/49 | €759k |
| Amounts payable after one year | 17 | €42k |
| Amounts payable within one year | 42/48 | €717k |
| Trade debts payable within one year | 44 | €92k |
| Income statement | ||
| Gross operating margin | 9900 | €672k |
| Operating result | 9901 | €44k |
| Financial income | 75 | €181 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €38k |
| Income taxes | 67/77 | €11k |
| Net result for the period | 9904 | €27k |
| Result to be appropriated | 9905 | €27k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | LAURENT SAMYN MEXICOSTRAAT 8, 8730 BEERNEM- |
17-04-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 07-09-2020 |
| Status | Active |
| Postal code | 9000 |
| First BS signal | 24-04-2023 |
| Latest BS signal | 22-06-2023 |
Structure & network
Company structure: linked entities
1 linked entityLocations & real estate
Establishment units
2 locationsReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44802B1489/00M000 | Flanders | 252 m² | 1 · 250 m² | 17.5 m · 5 fl. |
| 44802B1630/00A000 | Flanders | 132 m² | 1 · 132 m² | 17.0 m · 3 fl. |
Publications
Lifecycle & Insolvency Signals
2 events from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
2 acts18-10-2023 All shares are now held by a single shareholder
01-09-2022 Registered office moved from Gent to Beernem
- Serpentstraat 11 te 9000 Gent → Wellingstraat 109B te 8730 Beernem
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by profitability.
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | BUFFON |