Casse-Croûte
ActiveThe computed 12-month bankruptcy probability of Casse-Croûte is 1.7% (moderate). The 2025 annual accounts show equity of €102k and a net result of €80k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 799 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-2
Solvency14▼-4
Growth78▼-1
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.86 in 2024), and 86.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
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
13.1%
Return on assets
10.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
5 d late
2024
12 d late
2023
6 d late
2022
17 d late
2021
2 d late
2020
19 d late
2019
14 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, full schema
Turnover
€1.89M▲ 11.0%
2024 · €1.70M
2018: €998k
2021: €953k
2022: €1.42M
2023: €1.56M
2024: €1.70M
2018 → 2025
EBIT margin
6.9%▼ 1.5pp
2024 · 8.5%
2018: -5.3%
2021: 14.2%
2022: 7.9%
2023: 8.8%
2024: 8.5%
2018 → 2025
Net result
€80k▼ 16.2%
2024 · €96k
2018: €-60k
2021: €108k
2022: €70k
2023: €88k
2024: €96k
2018 → 2025
Working capital
€-64k▼ 82.3%
2024 · €-35k
2018: €-121k
2021: €61k
2022: €65k
2023: €39k
2024: €-35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€953k-€1.42M▲ 49.5%€1.56M▲ 9.3%€1.70M▲ 9.5%€1.89M▲ 11.0%
Equity€149k-€118k▼ 20.3%€107k▼ 10.1%€102k▼ 4.0%€102k▲ 0.2%
Operating result€135k-€113k▼ 16.7%€137k▲ 21.0%€145k▲ 5.9%€131k▼ 9.3%
Net result€108k-€70k▼ 35.6%€88k▲ 26.2%€96k▲ 8.7%€80k▼ 16.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €784k
Fixed assets
€583k▲ 35.1%
Current assets
€201k▼ 8.0%
Equity and liabilities €784k
Equity
€102k▲ 0.2%
Debt
€682k▲ 24.5%
The debt ratio rises from 84.3% to 86.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€246k▲
2024 · €220k
Cash flow
€195k▲
2024 · €171k
Solvency
13.1%▼
2024 · 15.7%
Current ratio
0.76▼
2024 · 0.86
Quick ratio
0.67▼
2024 · 0.78
Debt / equity
6.65▲
2024 · 5.36
ROE
78.3%▼
2024 · 93.6%
ROA
10.2%▼
2024 · 14.7%
Interest coverage
9.95▼
2024 · 10.04
Debt
€682k▲
2024 · €548k
Debt ≤ 1 year
€265k▲
2024 · €253k
Debt > 1 year
€415k▲
2024 · €293k
Income taxes
€27k▼
2024 · €33k
Staff costs
€298k▼
2024 · €333k
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€650k€784k▲
Fixed assets21/28€432k€583k▲
Tangible fixed assets22/27€426k€577k▲
Land and buildings22€73k€49k▼
Plant, machinery and equipment23€32k€23k▼
Furniture and vehicles24€16k€53k▲
Other tangible fixed assets26€304k€453k▲
Financial fixed assets28€6k€6k▲
Other financial fixed assets284/8€6k€6k▲
Amounts receivable and cash guarantees285/8€6k€6k▲
Current assets29/58€218k€201k▼
Stocks and contracts in progress3€20k€23k▲
Stocks30/36€20k€23k▲
Goods purchased for resale34€20k€23k▲
Amounts receivable within one year40/41€31k€34k▲
Trade receivables40€11k€15k▲
Other amounts receivable41€20k€19k▼
Current investments50/53€100k€50k▼
Other investments51/53€100k€50k▼
Cash at bank and in hand54/58€66k€92k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€650k€784k▲
Equity10/15€102k€102k▲
Contributions10/11€80k€80k=
Profit (loss) carried forward14€22k€22k▲
Amounts payable17/49€548k€682k▲
Amounts payable after more than one year17€293k€415k▲
Financial debts170/4€293k€415k▲
Credit institutions173€293k€415k▲
Amounts payable within one year42/48€253k€265k▲
Current portion of amounts payable after more than one year42€49k€67k▲
Trade debts44€79k€88k▲
Suppliers440/4€79k€88k▲
Taxes, remuneration and social security45€26k€29k▲
Taxes450/3€4k€10k▲
Remuneration and social security454/9€22k€19k▼
Other amounts payable47/48€100k€80k▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Operating income70/76A€1.72M€1.93M▲
Turnover70€1.70M€1.89M▲
Other operating income74€12k€40k▲
Operating charges60/66A€1.57M€1.80M▲
Goods for resale, raw materials and consumables60€639k€706k▲
Purchases600/8€636k€709k▲
Change in stocks: decrease (increase)609€3k€-3k▼
Services and other goods61€524k€646k▲
Remuneration, social security and pensions62€333k€298k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€114k▲
Other operating charges640/8€748€797▲
Non-recurring operating charges66A-€35k
Operating profit (loss)9901€145k€131k▼
Financial income75/76B€6k€1k▼
Recurring financial income75€6k€1k▼
Income from current assets751€6k€1k▼
Other financial income752/9€10-
Non-recurring financial income76B-€345
Financial charges65/66B€22k€25k▲
Recurring financial charges65€22k€25k▲
Debt charges650€22k€25k▲
Other financial charges652/9-€416
Profit (loss) for the period before taxes9903€129k€108k▼
Income taxes67/77€33k€27k▼
Taxes670/3€42k€27k▼
Tax adjustments and reversals of tax provisions77€9k-
Profit (loss) for the period9904€96k€80k▼
Profit (loss) for the period to be appropriated9905€96k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€102k▼
Profit (loss) brought forward from the previous period14P€27k€22k▼
Profit to be distributed694/7€100k€80k▼
Return on contributions (dividend)694€100k€80k▼
Social balance
Average headcount (FTE)90876.35.4▼
The notes to these accounts (52 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 12 days late
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 6 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 17 days late
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 2 days late
2021
31-12
Financial
Back to profitnet €108k
Net result €108k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.40
Current ratio from 0.40 to 1.40; short-term debt falls from €202k to €151k.
31-12
Financial
Equity above €100kEq €149k
Equity rises from €-40k to €149k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full 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, Herve · 1 establishment unit since 2017
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.
Avenue du Parc 224650 HerveGround area
2.0 ha
Building footprint
1.2 ha
Volume, LiDAR
96,195 m³
2 parcels, Wallonia · tallest building 25.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LE CASSE-CROÛTE
since 20172.269.394.380
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63014A0644/00C000 | Wallonia | 1.4 ha | 1 · 8,952 m² | 15.7 m · 2 fl. |
| 63003D0267/00R000 ProtectedSite or landscape |
Wallonia | 6,103 m² | 1 · 2,640 m² | 25.9 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyAubel2.269.394.380
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H W
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HMBK
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Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,432 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.