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BURGERKOT

Active
Private limited companyfounded 2024active for 2 yearsZuiderdijk 10, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 1007.572.157
Summary

The computed 12-month bankruptcy probability of BURGERKOT is 9.8% (elevated). The 2024 annual accounts show negative equity (-€5,181) and a net result of -€8,181. Its solvency ranks better than 15% of 18,737 sector peers (NACE 56, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (243 days) Filed on 31 March 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00067474.

Equity
-€5,181
Total assets
€11,272
Net result
-€8,181
Working capital
-€12,676

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €11,272
Fixed assets €7,495
Current assets €3,777
Equity and liabilities
Equity-€5,181
Debt€16,453
Equity is negative: debt (€16,453) exceeds the balance-sheet total (€11,272).
Key figures and ratios
2024 value
EBITDA
-€5,776
Cash flow
-€5,682
Solvency
-46.0%
Current ratio
0.23
ROA
-72.6%
Interest coverage
-33.93
Debt
€16,453
Debt ≤ 1 year
€16,453
Staff costs
€8,512
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 9.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€11,272
Fixed assets21/28€7,495
Tangible fixed assets22/27€7,495
Plant, machinery and equipment23€5,913
Furniture and vehicles24€1,582
Current assets29/58€3,777
Amounts receivable within one year40/41€877
Trade receivables40€86
Other amounts receivable41€791
Cash at bank and in hand54/58€2,892
Deferred charges and accrued income490/1€9
Equity and liabilities
Total equity and liabilities10/49€11,272
Equity10/15-€5,181
Contributions10/11€3,000
Profit (loss) carried forward14-€8,181
Amounts payable17/49€16,453
Amounts payable within one year42/48€16,453
Trade debts44€8,553
Suppliers440/4€8,553
Taxes, remuneration and social security45€713
Remuneration and social security454/9€713
Other amounts payable47/48€7,188
Income statement Code2024
Remuneration, social security and pensions62€8,512
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,499
Other operating charges640/8€95
Gross operating margin9900€2,831
Operating profit (loss)9901-€8,275
Financial income75/76B€264
Recurring financial income75€264
Financial charges65/66B€170
Recurring financial charges65€170
Profit (loss) for the period before taxes9903-€8,181
Profit (loss) for the period9904-€8,181
Profit (loss) for the period to be appropriated9905-€8,181
Appropriation of the result
Profit (loss) to be appropriated9906-€8,181

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€8,512
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,499
Other operating charges640/8€95
Gross operating margin9900€2,831
Operating profit (loss)9901-€8,275
Financial income75/76B€264
Recurring financial income75€264
Financial charges65/66B€170
Recurring financial charges65€170
Profit (loss) for the period before taxes9903-€8,181
Profit (loss) for the period9904-€8,181
Profit (loss) for the period to be appropriated9905-€8,181
Line2024
Assets
Total assets20/58€11,272
Fixed assets21/28€7,495
Tangible fixed assets22/27€7,495
Plant, machinery and equipment23€5,913
Furniture and vehicles24€1,582
Current assets29/58€3,777
Amounts receivable within one year40/41€877
Trade receivables40€86
Other amounts receivable41€791
Cash at bank and in hand54/58€2,892
Deferred charges and accrued income490/1€9
Equity and liabilities
Total equity and liabilities10/49€11,272
Equity10/15-€5,181
Contributions10/11€3,000
Profit (loss) carried forward14-€8,181
Amounts payable17/49€16,453
Amounts payable within one year42/48€16,453
Trade debts44€8,553
Suppliers440/4€8,553
Taxes, remuneration and social security45€713
Remuneration and social security454/9€713
Other amounts payable47/48€7,188
Line2024
Profit (loss) for the period9904-€8,181
+ Depreciation and write-downs630€2,499
Operating cash flow (approximation)-€5,682

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 31-03-2026 2026-00067474

Similar companies · same sector and region

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 the 21,397 active companies whose main activity is limited-service restaurants, excluding mobile food services (NACE 56112), figures are known for 9,820. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.