CAROLINE et DAVID
ActiveThe computed 12-month bankruptcy probability of CAROLINE et DAVID is 3.5% (moderate). The 2025 annual accounts show negative equity (€-146k) and a net result of €-20k. Equity is shrinking by ~50.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 3620 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
15
/ 100
Critical▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-33
Solvency33=
Growth22=
Stability100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.38 in 2024), and equity is negative.
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
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 2025Solvency, return and age of the figures
Solvency
-179.2%
Return on assets
-24.2%
Age of the figures
9 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
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€146k
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 12-07-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
41 d early
2023
41 d early
2022
68 d late
2021
53 d early
2020
38 d late
2019
32 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€55k▼ 8.7%
2020 · €60k
2018: €182k
2019: €199k
2020: €60k
2018 → 2021
EBIT margin
-57.3%▲ 27.8pp
2020 · -85.1%
2018: 1.3%
2019: -0.1%
2020: -85.1%
2018 → 2021
Net result
€-20k▲ 59.2%
2024 · €-48k
2018: €2k
2019: €-248
2020: €-52k
2021: €-31k
2022: €-28k
2023: €-9k
2024: €-48k
2018 → 2025
Working capital
€-70k▲ 3.4%
2024 · €-73k
2018: €-79k
2019: €14k
2020: €-27k
2021: €-30k
2022: €-51k
2023: €-43k
2024: €-73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€55k-
Equity€-41k-€-69k▼ 69.1%€-78k▼ 13.4%€-126k▼ 62.0%€-146k▼ 15.6%
Operating result€-31k-€-28k▲ 10.9%€-9k▲ 66.7%€-45k▼ 390%€-18k▲ 60.0%
Net result€-31k-€-28k▲ 10.9%€-9k▲ 67.2%€-48k▼ 425%€-20k▲ 59.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €45k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€62k▼ 13.2%
Current assets
€19k▼ 56.8%
Key figures and ratios
EBITDA
€-9k▲
2024 · €-36k
Cash flow
€-10k▲
2024 · €-39k
Solvency
-179.2%▼
2024 · -108.3%
Current ratio
0.22▼
2024 · 0.38
Quick ratio
0.15▼
2024 · 0.29
Debt / equity
-1.56▲
2024 · -1.92
ROE
13.5%▼
2024 · 38.3%
ROA
-24.2%▲
2024 · -41.4%
Interest coverage
-6.00▲
2024 · -13.50
Debt
€227k▼
2024 · €242k
Debt ≤ 1 year
€90k▼
2024 · €118k
Debt > 1 year
€137k▲
2024 · €125k
Staff costs
€133k▲
2024 · €118k
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€116k€81k▼
Fixed assets21/28€71k€62k▼
Tangible fixed assets22/27€64k€54k▼
Plant, machinery and equipment23€1k€949▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€58k€50k▼
Financial fixed assets28€8k€8k=
Current assets29/58€45k€19k▼
Stocks and contracts in progress3€12k€6k▼
Stocks30/36€12k€6k▼
Amounts receivable within one year40/41€18k€9k▼
Trade receivables40€2k€4k▲
Other amounts receivable41€16k€5k▼
Cash at bank and in hand54/58€11k€3k▼
Deferred charges and accrued income490/1€5k€1k▼
Equity and liabilities
Total equity and liabilities10/49€116k€81k▼
Equity10/15€-126k€-146k▼
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-146k€-166k▼
Amounts payable17/49€242k€227k▼
Amounts payable after more than one year17€125k€137k▲
Financial debts170/4€97k€95k▼
Other amounts payable178/9€27k€42k▲
Amounts payable within one year42/48€118k€90k▼
Current portion of amounts payable after more than one year42€4k€4k=
Trade debts44€39k€20k▼
Suppliers440/4€39k€20k▼
Taxes, remuneration and social security45€74k€66k▼
Taxes450/3€29k€49k▲
Remuneration and social security454/9€45k€16k▼
Income statement
Code20242025
Remuneration, social security and pensions62€118k€133k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€728€1k▲
Gross operating margin9900€82k€125k▲
Operating profit (loss)9901€-45k€-18k▲
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€-48k€-20k▲
Profit (loss) for the period9904€-48k€-20k▲
Profit (loss) for the period to be appropriated9905€-48k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-146k€-166k▼
Profit (loss) brought forward from the previous period14P€-98k€-146k▼
The notes to these accounts (6 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
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 68 days late
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2020
31-12
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Liquidity times 5current ratio 1.57
Current ratio from 0.31 to 1.57; short-term debt falls from €115k to €25k.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
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, Brussel · 1 establishment unit since 1994
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.
Magdalenasteenweg 531000 BrusselGround area
123 m²
Building footprint
124 m²
Volume, LiDAR
1,579 m³
Parcel 21004A0976/00A000, Brussels · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LA MADELEINE
since 19942.067.089.301
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0976/00A000 | Brussels | 123 m² | 1 · 124 m² | 17.1 m · 4 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).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.067.089.301
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Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,637 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-04-1994
Fiscal year end31-12
Activities, NACEBEL
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.