Café Sirène

Active

Private limited companyfounded 20197 yrs activede Meeûssquare 40, 1000 Brussel, BelgiumKBO/BCE: BE 0719.429.796

The computed 12-month bankruptcy probability of Café Sirène is 7.3% (elevated). The 2025 annual accounts show equity of €1.17M and a net result of €-93k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 88% of 799 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

56 / 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

Profitability31▲+31

Solvency100▲+58

Growth52=

Track record100

Bankruptcy probability, 12 months

7.3% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €65k at 30 days only on tighter terms

Liquidity short (current ratio 0.85 against 0.43 in 2024; short-term debt: 24.3% and cash: 18.2% of total assets), and 24.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

75.7%

Return on assets

-6%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-04-2026, 114 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

114 d early

2024

106 d early

2023

96 d early

2022

97 d early

2021

27 d early

2020

18 d early

2019

116 d late

← before the deadline after the deadline →

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 months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-93k▲ 90.2%

2024 · €-954k

2019: €-3k 2021: €-42k 2022: €-32k 2023: €-251k 2024: €-954k

2019 → 2025

Working capital

€-57k▲ 94.0%

2024 · €-941k

2021: €16k 2022: €44k 2023: €-839k 2024: €-941k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€16k-€44k▲ 175%€-207k€338k€1.17M▲ 246%

Operating result€-40k-€-30k▲ 26.5%€-236k▼ 695%€-904k▼ 284%€-78k▲ 91.4%

Net result€-42k-€-32k▲ 24.2%€-251k▼ 681%€-954k▼ 280%€-93k▲ 90.2%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €78k in 2025 against €904k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.55M

79.4%

20.6%

Fixed assets €1.23M▼ 4.1%

Current assets €319k▼ 55.3%

Equity and liabilities €1.55M

75.7%

24.3%

Equity €1.17M▲ 246%

Debt €376k▼ 77.3%

The debt ratio falls from 83.0% to 24.3%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€42k▲

2024 · €-812k

Cash flow

€27k▲

2024 · €-862k

Solvency

75.7%▲

2024 · 17.0%

Current ratio

0.85▲

2024 · 0.43

Quick ratio

0.77▲

2024 · 0.40

Debt / equity

0.32▼

2024 · 4.89

ROE

-8.0%▲

2024 · -282.0%

ROA

-6.0%▲

2024 · -47.9%

Interest coverage

2.34▲

2024 · -15.88

Debt

€376k▼

2024 · €1.65M

Debt ≤ 1 year

€376k▼

2024 · €1.65M

Staff costs

€739k▼

2024 · €820k

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€1.99M€1.55M▼

Fixed assets21/28€1.28M€1.23M▼

Intangible fixed assets21€95k€101k▲

Tangible fixed assets22/27€1.07M€1.01M▼

Plant, machinery and equipment23€934k€896k▼

Furniture and vehicles24€64k€78k▲

Other tangible fixed assets26€73k€39k▼

Assets under construction and advance payments27€0-

Financial fixed assets28€113k€114k▲

Current assets29/58€713k€319k▼

Stocks and contracts in progress3€49k€29k▼

Stocks30/36€49k€29k▼

Amounts receivable within one year40/41€49k€6k▼

Trade receivables40€29k€6k▼

Other amounts receivable41€20k€0▼

Cash at bank and in hand54/58€586k€282k▼

Deferred charges and accrued income490/1€29k€2k▼

Equity and liabilities

Total equity and liabilities10/49€1.99M€1.55M▼

Equity10/15€338k€1.17M▲

Contributions10/11€1.64M€2.56M▲

Profit (loss) carried forward14€-1.30M€-1.39M▼

Amounts payable17/49€1.65M€376k▼

Amounts payable within one year42/48€1.65M€376k▼

Current portion of amounts payable after more than one year42-€668

Financial debts43€925k€0▼

Other loans439€925k€0▼

Trade debts44€621k€234k▼

Suppliers440/4€621k€234k▼

Taxes, remuneration and social security45€108k€112k▲

Taxes450/3€25k€34k▲

Remuneration and social security454/9€83k€78k▼

Other amounts payable47/48-€29k

Income statement Code20242025

Non-recurring operating income76A-€153

Remuneration, social security and pensions62€820k€739k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€120k▲

Other operating charges640/8€26k€29k▲

Gross operating margin9900€34k€810k▲

Operating profit (loss)9901€-904k€-78k▲

Financial income75/76B€794€3k▲

Recurring financial income75€794€3k▲

Financial charges65/66B€51k€18k▼

Recurring financial charges65€51k€18k▼

Profit (loss) for the period before taxes9903€-954k€-93k▲

Profit (loss) for the period9904€-954k€-93k▲

Profit (loss) for the period to be appropriated9905€-954k€-93k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-1.30M€-1.39M▼

Profit (loss) brought forward from the previous period14P€-346k€-1.30M▼

Social balance

Average headcount (FTE)908716.416.7▲

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 11Financial 3Filings 8

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-04

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Equity above €1MEq €1.17M ▲246%

Equity rises from €338k to €1.17M.

16-04

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Weakest financial yearnet €-954k

Net result drops to €-954k, the lowest in the series; recovery starts the following year.

31-12

Financial Equity above €200kEq €338k

Equity rises from €-207k to €338k.

26-04

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

25-04

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

04-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

03-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema

13-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

24-11

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 116 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

20-02-2026 Hélène Hertzfeld: Resigned as Managing director

10-02-2025 Jorge Gurria Dubernard: Resigned as Managing director

07-02-2025 Food Service Project SL: Resigned as Director

14-02-2020 FOOD SERVICE PROJECT S.L.: Resigned as Director

Location & real-estate footprint

Registered office, Brussel · 2 establishment units since 2023

establishment All 2 establishment units on the map

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.

de Meeûssquare 401000 Brussel

Ground area

6.2 ha

Building footprint

5.3 ha

Volume, LiDAR

645,116 m³

3 parcels, Brussels, Flanders · tallest building 93.2 m, ±9 floors. Linked by address, not a title deed.

2 establishment units

Starbucks Wijnegem — Shop Eat Enjoy

Turnhoutsebaan 5, 2110 WijnegemRetail sale of bread and pastry (bakery outlets)

since 20232.346.446.529

Starbucks Antwerp Tower

De Keyserlei 3, 2018 AntwerpenRetail sale of bread and pastry (bakery outlets)

since 20232.346.446.430

3 parcels

Flanders 2 (66.7%) Brussels 1 (33.3%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11050B0010/00E002	Flanders	5.6 ha	1 · 4.9 ha	27.4 m · 4 fl.
11808H1294/00A000 ProtectedMonument · Townscape or village viewSite Vlaamse Opera, schermenmagazijn en hotel WagnerSource ↗	Flanders	2,975 m²	1 · 2,664 m²	93.2 m · 7 fl.
21805E0461/00L000 ProtectedArchitectural ensembleGeheel van neoclassicistische huizenSource ↗	Brussels	2,479 m²	1 · 1,096 m²	33.3 m · 9 fl.