CASHBO
ActiveThe computed 12-month bankruptcy probability of CASHBO is 4.1% (elevated). The 2024 annual accounts show equity of €1k and a net result of €45k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 18942 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+71
Solvency25▲+12
Growth32=
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.01 against 0.88 in 2023; short-term debt: 95.8% and cash: 19.4% of total assets), and 99.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
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
0.4%
Return on assets
12.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
8 d early
2022
66 d late
2021
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1k
2023 · €-44k
2021: €61k
2022: €-26k
2023: €-44k
2021 → 2024
Total assets
€370k▼ 2.3%
2023 · €379k
2021: €286k
2022: €321k
2023: €379k
2021 → 2024
Net result
€45k
2023 · €-18k
2021: €51k
2022: €-87k
2023: €-18k
2021 → 2024
Working capital
€3k
2023 · €-51k
2021: €116k
2022: €14k
2023: €-51k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€61k-€-26k€-44k▼ 69.1%€1k
Operating result€53k-€-84k€-14k▲ 83.1%€48k
Net result€51k-€-87k€-18k▲ 79.3%€45k
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 returns to profit in 2024: €48k after a loss of €14k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €370k
Fixed assets
€13k▼ 19.4%
Current assets
€358k▼ 1.6%
Equity and liabilities €370k
Equity
€1k
Debt
€369k
Debt finances 99.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€51k▲
2023 · €-11k
Cash flow
€48k▲
2023 · €-15k
Solvency
0.4%▲
2023 · -11.6%
Current ratio
1.01▲
2023 · 0.88
Quick ratio
0.95▲
2023 · 0.84
ROA
12.2%▲
2023 · -4.7%
Interest coverage
16.89▲
2023 · -2.13
Debt
€369k▼
2023 · €423k
Debt ≤ 1 year
€355k▼
2023 · €415k
Debt > 1 year
€0▼
2023 · €8k
Staff costs
€652k▼
2023 · €768k
A ratio outside any meaningful range has been withheld (balance sheet total €370k, equity €1k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€379k€370k▼
Fixed assets21/28€16k€13k▼
Intangible fixed assets21€13k€11k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€3k€1k▼
Current assets29/58€363k€358k▼
Stocks and contracts in progress3€16k€20k▲
Stocks30/36€16k€20k▲
Amounts receivable within one year40/41€245k€265k▲
Trade receivables40€8k€19k▲
Other amounts receivable41€237k€246k▲
Cash at bank and in hand54/58€103k€72k▼
Deferred charges and accrued income490/1-€388
Equity and liabilities
Total equity and liabilities10/49€379k€370k▼
Equity10/15€-44k€1k▲
Contributions10/11€10k€10k=
Reserves13€51k€51k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€-105k€-59k▲
Amounts payable17/49€423k€369k▼
Amounts payable after more than one year17€8k€0▼
Financial debts170/4€8k€0▼
Amounts payable within one year42/48€415k€355k▼
Current portion of amounts payable after more than one year42€17k€7k▼
Trade debts44€329k€273k▼
Suppliers440/4€329k€273k▼
Taxes, remuneration and social security45€69k€63k▼
Taxes450/3€3k€0▼
Remuneration and social security454/9€66k€63k▼
Other amounts payable47/48€0€12k▲
Accrued charges and deferred income492/3-€14k
Income statement
Code20232024
Remuneration, social security and pensions62€768k€652k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€493€934▲
Gross operating margin9900€758k€705k▼
Operating profit (loss)9901€-14k€48k▲
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€-18k€45k▲
Profit (loss) for the period9904€-18k€45k▲
Profit (loss) for the period to be appropriated9905€-18k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-105k€-59k▲
Profit (loss) brought forward from the previous period14P€-87k€-105k▼
Social balance
Average headcount (FTE)908717.2-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €45k
Net result €45k after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet €-87k ▼271%
Net result drops to €-87k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Westerlo · 1 establishment unit since 2021
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.
Bell-Telephonelaan 22260 WesterloGround area
3,807 m²
Building footprint
503 m²
Volume, LiDAR
2,221 m³
Parcel 13028C0252/00K000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cashbo
since 20212.311.957.089
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13028C0252/00K000indicative | Flanders | 3,807 m² | 1 · 503 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel 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 siteWesterlo2.311.957.089
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ARIELLE A.M.
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KITCH & ART
BE 0704.907.116
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BAR BOCATA
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 2,120 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.