BURO BERNARD
ActiveThe computed 12-month bankruptcy probability of BURO BERNARD is 2.7% (moderate). The 2025 annual accounts show equity of €19k and a net result of €607k. Equity is shrinking by ~13.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 23% of 3644 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency27▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.98 in 2024; short-term debt: 98.2% and cash: 28.5% of total assets), and 98.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.8%
Return on assets
58.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3644 sector peers (2025).
NBB · sector comparisonPosition among 3644 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-03-2026, 144 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
144 d early
2024
66 d early
2023
16 d early
2022
39 d early
2021
17 d early
2020
33 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€19k▼ 63.0%
2024 · €50k
2020: €212k
2021: €353k
2022: €676k
2023: €1.09M
2024: €50k
2020 → 2025
Total assets
€1.03M▼ 12.4%
2024 · €1.18M
2020: €261k
2021: €399k
2022: €1.32M
2023: €1.54M
2024: €1.18M
2020 → 2025
Net result
€607k▲ 100%
2024 · €303k
2020: €193k
2021: €141k
2022: €323k
2023: €410k
2024: €303k
2020 → 2025
Working capital
€-54k▼ 148%
2024 · €-22k
2020: €176k
2021: €341k
2022: €237k
2023: €664k
2024: €-22k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€353k-€676k▲ 91.7%€1.09M▲ 60.7%€50k▼ 95.4%€19k▼ 63.0%
Operating result€183k-€439k▲ 139%€569k▲ 29.7%€402k▼ 29.3%€498k▲ 23.8%
Net result€141k-€323k▲ 130%€410k▲ 26.9%€303k▼ 26.1%€607k▲ 100%
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 recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets
€72k▲ 0.3%
Current assets
€959k▼ 13.2%
Equity and liabilities €1.03M
Equity
€19k▼ 63.0%
Debt
€1.01M▼ 10.2%
The debt ratio rises from 95.7% to 98.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€520k▲
2024 · €414k
Cash flow
€629k▲
2024 · €314k
Solvency
1.8%▼
2024 · 4.3%
Current ratio
0.95▼
2024 · 0.98
Quick ratio
0.95▼
2024 · 0.98
Debt / equity
54.45▲
2024 · 22.42
ROA
58.9%▲
2024 · 25.7%
Interest coverage
26.09▲
2024 · 12.00
Debt
€1.01M▼
2024 · €1.13M
Debt ≤ 1 year
€1.01M▼
2024 · €1.13M
Income taxes
€117k▲
2024 · €95k
Staff costs
€111k▲
2024 · €86k
A ratio outside any meaningful range has been withheld (balance sheet total €1.03M, equity €19k).
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€1.18M€1.03M▼
Fixed assets21/28€72k€72k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€42k€67k▲
Land and buildings22€0-
Plant, machinery and equipment23€21k€29k▲
Furniture and vehicles24€21k€18k▼
Other tangible fixed assets26-€20k
Financial fixed assets28€30k€5k▼
Current assets29/58€1.11M€959k▼
Stocks and contracts in progress3€525€955▲
Stocks30/36€525€955▲
Amounts receivable within one year40/41€67k€8k▼
Trade receivables40€27k€2k▼
Other amounts receivable41€40k€6k▼
Current investments50/53€210k€650k▲
Cash at bank and in hand54/58€817k€294k▼
Deferred charges and accrued income490/1€12k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.18M€1.03M▼
Equity10/15€50k€19k▼
Contributions10/11€19k€19k=
Reserves13€32k€0▼
Distributable reserves133€32k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.13M€1.01M▼
Amounts payable within one year42/48€1.13M€1.01M▼
Trade debts44€623€3k▲
Suppliers440/4€623€3k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€131k€14k▼
Taxes450/3€118k€1k▼
Remuneration and social security454/9€13k€13k▼
Other amounts payable47/48€996k€996k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€138k€0▼
Remuneration, social security and pensions62€86k€111k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€22k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€503k€634k▲
Operating profit (loss)9901€402k€498k▲
Financial income75/76B€30k€246k▲
Recurring financial income75€30k€142k▲
Non-recurring financial income76B-€104k
Financial charges65/66B€34k€20k▼
Recurring financial charges65€34k€20k▼
Profit (loss) for the period before taxes9903€398k€725k▲
Income taxes67/77€95k€117k▲
Profit (loss) for the period9904€303k€607k▲
Profit (loss) for the period to be appropriated9905€303k€607k▲
Appropriation of the result
Profit (loss) to be appropriated9906€303k€607k▲
Transfer from equity791/2€1.06M€32k▼
Transfer to equity691/2€28k€0▼
To other reserves6921€28k€0▼
Profit to be distributed694/7€1.34M€639k▼
Return on contributions (dividend)694€1.34M€639k▼
Social balance
Average headcount (FTE)90872.52.1▼
The notes to these accounts (15 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
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €607k ▲100%
Net result €607k, the highest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €1MEq €1.09M ▲60.7%
4 profitable years in a row build equity to €1.09M.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €676k ▲91.7%
3 profitable years in a row build equity to €676k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €141k ▼27.3%
Net result drops to €141k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 2019
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.
Rode-Beukendreef(Rol) 88510 KortrijkGround area
5,178 m²
Building footprint
442 m²
Volume, LiDAR
2,421 m³
2 parcels, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bar Botaniek
since 20192.288.173.976
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0385/00B000 | Flanders | 3,666 m² | 1 · 256 m² | 13.5 m · 2 fl. |
| 34033C0255/00R000 | Flanders | 1,512 m² | 1 · 186 m² | 8.9 m · 2 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 siteKortrijk2.288.173.976
Dual-learning approval
4 endedSimilar companies · same sector, comparable size
SALT AND PEPPER AGENCY
BE 0501.609.269
Brussel · Eq €18k
BARBOIS
BE 1016.773.893
Kruisem · Eq €17k
WYBECK
BE 0898.919.190
Elsene · Eq €17k
Flurkbrouwers
BE 0722.750.166
Kortenberg · Eq €16k
BARDEEF
BE 0746.718.371
Tervuren · Eq €15k
Of 619 companies in sector 56309 we hold annual accounts for 118. 86 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2019
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56309Food and beverage service activities
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473/47.03.08