BURCHTHOEVE 'T WITHOF
ActiveSummary
The computed 12-month bankruptcy probability of BURCHTHOEVE 'T WITHOF is 2.7% (moderate). The 2024 annual accounts show negative equity (€-505k) and a net result of €-13k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 18941 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
18
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-55
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.11 in 2023; short-term debt: 612.2% and cash: 6.8% of total assets), and equity is negative.
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 →
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
-512.2%
Return on assets
-13.1%
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 €-505k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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
14 d late
2023
83 d late
2022
60 d late
2021
249 d late
2020
61 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-505k▼ 2.6%
2023 · €-492k
2018: €-383k
2019: €-405k
2020: €-442k
2021: €-484k
2022: €-483k
2023: €-492k
2018 → 2024
Total assets
€99k▲ 0.9%
2023 · €98k
2018: €189k
2019: €169k
2020: €133k
2021: €96k
2022: €135k
2023: €98k
2018 → 2024
Net result
€-13k▼ 41.5%
2023 · €-9k
2018: €9k
2019: €-22k
2020: €-37k
2021: €-42k
2022: €833
2023: €-9k
2018 → 2024
Working capital
€-535k▼ 2.2%
2023 · €-523k
2018: €-451k
2019: €-454k
2020: €-474k
2021: €-501k
2022: €-524k
2023: €-523k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-442k-€-484k▼ 9.6%€-483k▲ 0.2%€-492k▼ 1.9%€-505k▼ 2.6%
Operating result€-36k-€-43k▼ 18.0%€1k€-9k€-12k▼ 36.6%
Net result€-37k-€-42k▼ 15.1%€833€-9k€-13k▼ 41.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2024 against €9k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99k
Fixed assets
€30k ▼ 4.4%
Current assets
€69k ▲ 3.4%
Key figures and ratios
EBITDA
€-1k▼
2023 · €4k
Cash flow
€-2k▼
2023 · €4k
Solvency
-512.2%▼
2023 · -503.7%
Current ratio
0.11▲
2023 · 0.11
Quick ratio
0.10▲
2023 · 0.10
Debt to equity
-1.20▲
2023 · -1.20
ROA
-13.1%▼
2023 · -9.4%
Interest coverage
-1.41▼
2023 · 28.83
Debt
€604k▲
2023 · €590k
Debt ≤ 1 year
€604k▲
2023 · €590k
Income taxes
€146▼
2023 · €193
Staff costs
€93k▲
2023 · €82k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€98k€99k▲
Fixed assets21/28€31k€30k▼
Tangible fixed assets22/27€31k€30k▼
Land and buildings22-€1k
Plant, machinery and equipment23€29k€28k▼
Furniture and vehicles24€213€0▼
Other tangible fixed assets26€2k€204▼
Current assets29/58€67k€69k▲
Stocks and contracts in progress3€8k€8k▲
Stocks30/36€8k€8k▲
Amounts receivable within one year40/41€49k€53k▲
Trade receivables40€48k€53k▲
Other amounts receivable41€893€843▼
Current investments50/53€5k€0▼
Cash at bank and in hand54/58€3k€7k▲
Deferred charges and accrued income490/1€2k€632▼
Equity and liabilities
Total equity and liabilities10/49€98k€99k▲
Equity10/15€-492k€-505k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-499k€-512k▼
Amounts payable17/49€590k€604k▲
Amounts payable within one year42/48€590k€604k▲
Trade debts44€34k€18k▼
Suppliers440/4€34k€18k▼
Taxes, remuneration and social security45€9k€16k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€5k€11k▲
Other amounts payable47/48€547k€570k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€82k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€11k▼
Other operating charges640/8€8k€4k▼
Gross operating margin9900€94k€96k▲
Operating profit (loss)9901€-9k€-12k▼
Financial income75/76B€51€66▲
Recurring financial income75€51€66▲
Financial charges65/66B€155€769▲
Recurring financial charges65€155€769▲
Profit (loss) for the period before taxes9903€-9k€-13k▼
Income taxes67/77€193€146▼
Profit (loss) for the period9904€-9k€-13k▼
Profit (loss) for the period to be appropriated9905€-9k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-499k€-512k▼
Profit (loss) brought forward from the previous period14P€-489k€-499k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
06-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 249 days late
2022
31-12
Financial
Back to profitnet €833
Net result €833 after 3 loss-making years.
2021
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Wommelgem · 1 establishment unit since 2004
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.
Oelegemsteenweg 122160 WommelgemGround area
6,369 m²
Building footprint
655 m²
Volume, LiDAR
3,972 m³
Parcel 11052B0130/00C000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BURCHTHOEVE 'T WITHOF
since 20042.135.862.992
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052B0130/00C000 | Flanders | 6,369 m² | 1 · 655 m² | 9.7 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteWommelgem2.135.862.992
Dual-learning approval
2 endedHulpkok (so)
Kelner (so)
Similar companies · same sector and region
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BOSNA
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C.N.E.
BE 0860.561.036
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Clubhouse Projects
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:03/354.14.30
Fax:03/354.14.30