CATAX
ActiveSummary
The computed 12-month bankruptcy probability of CATAX is 4.0% (elevated). The 2024 annual accounts show negative equity (-€77,886) and a net result of -€14,071. Equity is shrinking by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 18940 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability10▼-10
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.17 in 2023; short-term debt: 128.7% and cash: 6.3% of total assets), and equity is negative.
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Signals
Six 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
-76.2%
Return on assets
-13.8%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€77,886
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
149 d late
2022
153 d late
2021
30 d late
2020
139 d late
2019
199 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 117 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
-€77,886▼ 22.0%
2023 · -€63,815
Total assets
€102,154▼ 14.9%
2023 · €119,987
Net result
-€14,071▲ 8.9%
2023 · -€15,453
Working capital
-€113,805▼ 4.0%
2023 · -€109,466
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€3,491€23,351▲ 569%-€40,700-€11,738▲ 71.2%-€10,265▲ 12.5%
Net result€669within the sector's middle half€20,919within the sector's middle half▲ 3,025%-€43,829below the sector's middle half-€15,453below the sector's middle half▲ 64.7%-€14,071below the sector's middle half▲ 8.9%
Equity-€25,453below the sector's middle half▲ 2.6%-€4,533below the sector's middle half▲ 82.2%-€48,362below the sector's middle half▼ 967%-€63,815below the sector's middle half▼ 32.0%-€77,886below the sector's middle half▼ 22.0%
Total assets€62,802within the sector's middle half▼ 10.9%€64,064within the sector's middle half▲ 2.0%€124,889within the sector's middle half▲ 94.9%€119,987within the sector's middle half▼ 3.9%€102,154within the sector's middle half▼ 14.9%
Debt€88,255▼ 8.7%€68,597▼ 22.3%€173,251▲ 153%€183,802▲ 6.1%€180,040▼ 2.0%
Working capital-€42,983below the sector's middle half▼ 4.3%-€27,681below the sector's middle half▲ 35.6%-€97,103below the sector's middle half▼ 251%-€109,466below the sector's middle half▼ 12.7%-€113,805below the sector's middle half▼ 4.0%
Solvency-40.5%below the sector's middle half▼ 3.5pp-7.1%below the sector's middle half▲ 33.5pp-38.7%below the sector's middle half▼ 31.6pp-53.2%below the sector's middle half▼ 14.5pp-76.2%below the sector's middle half▼ 23.1pp
Current ratio0.20below the sector's middle half=0.43below the sector's middle half▲ 0.230.14below the sector's middle half▼ 0.290.17below the sector's middle half▲ 0.030.13below the sector's middle half▼ 0.03
Return on assets (ROA)1.1%within the sector's middle half▲ 66.5pp32.7%above the sector's middle half▲ 31.6pp-35.1%below the sector's middle half▼ 67.7pp-12.9%below the sector's middle half▲ 22.2pp-13.8%below the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,265 in 2024 against €11,738 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €102,154
Fixed assets
€84,489 ▼ 13.6%
Current assets
€17,664 ▼ 20.6%
Key figures and ratios
EBITDA
€3,989▼
2023 · €7,644
Cash flow
€184▼
2023 · €3,929
Quick ratio
0.08▼
2023 · 0.13
Debt to equity
-2.31▲
2023 · -2.88
Interest coverage
1.05▼
2023 · 2.06
Debt ≤ 1 year
€131,470▼
2023 · €131,709
Debt > 1 year
€48,465▼
2023 · €52,093
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,200 | €9,512 | €12,737 | €19,382 | €14,255 | ▼ 26.5% |
| Other operating charges640/8 | - | €263 | €20,092 | €515 | €576 | ▲ 11.9% |
| Non-recurring operating charges66A | - | - | - | €630 | €490 | ▼ 22.2% |
| Gross operating margin9900 | €13,821 | €33,125 | -€7,870 | €8,789 | €5,055 | ▼ 42.5% |
| Operating profit (loss)9901 | €3,491 | €23,351 | -€40,700 | -€11,738 | -€10,265 | ▲ 12.5% |
| Financial income75/76B | - | €1 | €4 | €5 | €3 | ▼ 36.6% |
| Recurring financial income75 | €0 | €1 | €4 | €5 | €3 | ▼ 36.6% |
| Financial charges65/66B | - | €2,432 | €3,133 | €3,720 | €3,809 | ▲ 2.4% |
| Recurring financial charges65 | €2,822 | €2,432 | €3,133 | €3,720 | €3,809 | ▲ 2.4% |
| Profit (loss) for the period before taxes9903 | €669 | €20,919 | -€43,829 | -€15,453 | -€14,071 | ▲ 8.9% |
| Profit (loss) for the period9904 | €669 | €20,919 | -€43,829 | -€15,453 | -€14,071 | ▲ 8.9% |
| Profit (loss) for the period to be appropriated9905 | €669 | €20,919 | -€43,829 | -€15,453 | -€14,071 | ▲ 8.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62,802 | €64,064 | €124,889 | €119,987 | €102,154 | ▼ 14.9% |
| Fixed assets21/28 | €51,966 | €43,032 | €109,351 | €97,744 | €84,489 | ▼ 13.6% |
| Intangible fixed assets21 | €449 | €299 | €150 | - | - | - |
| Tangible fixed assets22/27 | €46,933 | €38,148 | €109,117 | €97,659 | €84,405 | ▼ 13.6% |
| Plant, machinery and equipment23 | - | €6,042 | €18,251 | €12,583 | €8,800 | ▼ 30.1% |
| Furniture and vehicles24 | - | €5,812 | €5,672 | €2,778 | €2,052 | ▼ 26.1% |
| Other tangible fixed assets26 | - | €26,294 | €85,194 | €82,298 | €73,552 | ▼ 10.6% |
| Financial fixed assets28 | €4,585 | €4,585 | €85 | €85 | €85 | = |
| Current assets29/58 | €10,836 | €21,032 | €15,538 | €22,243 | €17,664 | ▼ 20.6% |
| Stocks and contracts in progress3 | €2,705 | €4,151 | €7,091 | €5,358 | €7,669 | ▲ 43.1% |
| Stocks30/36 | - | €4,151 | €7,091 | €5,358 | €7,669 | ▲ 43.1% |
| Amounts receivable within one year40/41 | €1,661 | €4,537 | €5,312 | €3,768 | €3,578 | ▼ 5.0% |
| Trade receivables40 | - | €4,441 | €5,207 | €3,768 | €3,522 | ▼ 6.5% |
| Other amounts receivable41 | - | €96 | €105 | - | €56 | - |
| Cash at bank and in hand54/58 | €6,470 | €11,865 | €3,105 | €12,860 | €6,418 | ▼ 50.1% |
| Deferred charges and accrued income490/1 | - | €479 | €30 | €257 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62,802 | €64,064 | €124,889 | €119,987 | €102,154 | ▼ 14.9% |
| Equity10/15 | -€25,453 | -€4,533 | -€48,362 | -€63,815 | -€77,886 | ▼ 22.0% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€45,453 | -€24,533 | -€68,362 | -€83,815 | -€97,886 | ▼ 16.8% |
| Amounts payable17/49 | €88,255 | €68,597 | €173,251 | €183,802 | €180,040 | ▼ 2.0% |
| Amounts payable after more than one year17 | €34,435 | €19,810 | €60,512 | €52,093 | €48,465 | ▼ 7.0% |
| Financial debts170/4 | - | €19,810 | €60,512 | €52,093 | €48,465 | ▼ 7.0% |
| Amounts payable within one year42/48 | €53,820 | €48,713 | €112,641 | €131,709 | €131,470 | ▼ 0.2% |
| Current portion of amounts payable after more than one year42 | - | €14,625 | €18,438 | €8,418 | €3,629 | ▼ 56.9% |
| Trade debts44 | €9,202 | €7,741 | €13,196 | €11,342 | €9,975 | ▼ 12.1% |
| Suppliers440/4 | - | €7,741 | €13,196 | €11,342 | €9,975 | ▼ 12.1% |
| Taxes, remuneration and social security45 | - | €2,999 | €10,160 | €7,185 | €16,237 | ▲ 126% |
| Taxes450/3 | - | €2,999 | €9,360 | €6,185 | €12,637 | ▲ 104% |
| Remuneration and social security454/9 | - | - | €800 | €1,000 | €3,600 | ▲ 260% |
| Other amounts payable47/48 | - | €23,348 | €70,848 | €104,764 | €101,629 | ▼ 3.0% |
| Accrued charges and deferred income492/3 | - | €74 | €98 | - | €105 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €669 | €20,919 | -€43,829 | -€15,453 | -€14,071 | ▲ 8.9% |
| + Depreciation and write-downs630 | €9,200 | €9,512 | €12,737 | €19,382 | €14,255 | ▼ 26.5% |
| Operating cash flow (approximation) | €9,870 | €30,431 | -€31,091 | €3,929 | €184 | ▼ 95.3% |
| Investment in fixed assets (approximation) | - | -€578 | -€79,056 | -€7,775 | -€1,000 | ▲ 87.1% |
| Change in cash | - | €5,395 | -€8,761 | €9,756 | -€6,443 | ▼ 166% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 149 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2019net €20,919 ▲3,025%
Operating result €23,351, net result €20,919, both a record.
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 139 days late
15-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 199 days late
2020
31-12
Financial
Back to profitnet €669
Net result €669 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Namur · 1 establishment unit since 2018
Ground area
375 m²
Building footprint
317 m²
Volume, LiDAR
1,543 m³
Parcel 92302G0435/00F013, Wallonia · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Be belge
since 20182.278.000.359
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302G0435/00F013 | Wallonia | 375 m² | 1 · 317 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 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 siteNamur2.278.000.359
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
47110Non-specialised retail sale with food, beverages or tobacco predominating
Contact
E-mail
devaux14@hotmail.comNamur
Phone
0478721755Namur
E-invoicing
Reachable via Peppol
Peppol ID
0208:0697768609
Also
9925:BE0697768609
Registered
17-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.