Catjan
ActiveCatjan has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €8k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 13061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
68
/ 100
Healthy▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-41
Solvency22▲+7
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.85 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
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
1.5%
Age of the figures
8 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
54 d late
2023
86 d early
2022
30 d late
2021
31 d early
2020
89 d late
2019
37 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▲ 10.3%
2024 · €65k
2018: €23k
2019: €23k
2020: €22k
2021: €26k
2022: €8k
2023: €31k
2024: €65k
2018 → 2025
Total assets
€545k▼ 4.2%
2024 · €569k
2018: €108k
2019: €90k
2020: €524k
2021: €632k
2022: €584k
2023: €556k
2024: €569k
2018 → 2025
Net result
€8k▼ 76.3%
2024 · €35k
2018: €3k
2019: €105
2020: €-670
2021: €4k
2022: €-18k
2023: €23k
2024: €35k
2018 → 2025
Working capital
€6k
2024 · €-13k
2018: €10k
2019: €21k
2020: €-31k
2021: €-25k
2022: €-38k
2023: €-13k
2024: €-13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€8k▼ 69.7%€31k▲ 292%€65k▲ 109%€71k▲ 10.3%
Operating result€10k-€-11k€29k€54k▲ 83.4%€24k▼ 56.1%
Net result€4k-€-18k€23k€35k▲ 53.1%€8k▼ 76.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €545k
Fixed assets
€465k▼ 6.8%
Current assets
€80k▲ 13.9%
Equity and liabilities €545k
Equity
€71k▲ 10.3%
Debt
€474k▼ 6.1%
The debt ratio falls from 88.7% to 86.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€84k▼
2024 · €106k
Cash flow
€68k▼
2024 · €87k
Solvency
13.1%▲
2024 · 11.3%
Current ratio
1.08▲
2024 · 0.85
Quick ratio
1.01▲
2024 · 0.79
Debt / equity
6.65▼
2024 · 7.82
ROE
11.7%▼
2024 · 54.6%
ROA
1.5%▼
2024 · 6.2%
Interest coverage
7.06▼
2024 · 11.13
Debt
€474k▼
2024 · €505k
Debt ≤ 1 year
€74k▼
2024 · €83k
Debt > 1 year
€400k▼
2024 · €422k
Income taxes
€4k▼
2024 · €9k
Staff costs
€4k▲
2024 · €3k
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€569k€545k▼
Fixed assets21/28€499k€465k▼
Tangible fixed assets22/27€498k€465k▼
Land and buildings22€443k€433k▼
Plant, machinery and equipment23€18k€14k▼
Furniture and vehicles24€34k€16k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€1k€0▼
Current assets29/58€71k€80k▲
Stocks and contracts in progress3€5k€5k▲
Stocks30/36€5k€5k▲
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€0-
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€61k€68k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€569k€545k▼
Equity10/15€65k€71k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€44k€51k▲
Amounts payable17/49€505k€474k▼
Amounts payable after more than one year17€422k€400k▼
Financial debts170/4€383k€361k▼
Other amounts payable178/9€39k€39k=
Amounts payable within one year42/48€83k€74k▼
Current portion of amounts payable after more than one year42€48k€45k▼
Trade debts44€12k€12k▼
Suppliers440/4€12k€12k▼
Advances received on contracts in progress46€150€461▲
Taxes, remuneration and social security45€17k€11k▼
Taxes450/3€14k€8k▼
Remuneration and social security454/9€3k€3k▼
Other amounts payable47/48€6k€6k▲
Income statement
Code20242025
Non-recurring operating income76A€25k€0▼
Remuneration, social security and pensions62€3k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€60k▲
Other operating charges640/8€7k€5k▼
Gross operating margin9900€116k€93k▼
Operating profit (loss)9901€54k€24k▼
Financial income75/76B€72€228▲
Recurring financial income75€72€228▲
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€44k€12k▼
Income taxes67/77€9k€4k▼
Profit (loss) for the period9904€35k€8k▼
Profit (loss) for the period to be appropriated9905€35k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€52k▲
Profit (loss) brought forward from the previous period14P€10k€44k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (12 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Highest result since 2018net €35k ▲53.1%
Operating result €54k, net result €35k, both a record.
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-18k ▼563%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 66 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
CLERE Cathy
CurrentDirector · since 19-12-2023
SCHELSTRAETE Jan Ann Bart
CurrentDirector · since 19-12-2023
19-12-2023
CLERE Cathy: Appointed as Director
19-12-2023
SCHELSTRAETE Jan Ann Bart: Appointed as Director
Location & real-estate footprint
Registered office, Middelkerke · 1 establishment unit since 2014
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.
Viooltjeslaan 118430 MiddelkerkeGround area
673 m²
Building footprint
249 m²
Volume, LiDAR
1,419 m³
2 parcels, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hotel Splendid
since 20142.227.720.410
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35322C0319/00C002 | Flanders | 437 m² | 1 · 110 m² | 6.9 m · 2 fl. |
| 38016B0921/00G000 | Flanders | 236 m² | 1 · 139 m² | 12.9 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNieuwpoort2.227.720.410
Similar companies · same sector, comparable size
BESSENVELD 3
BE 0462.529.949
Brussel · Eq €71k
NAMUR CASINO RESORT
BE 0654.871.150
Liège · Eq €71k
VILLA OSTINATO HOTEL
BE 0783.532.841
Oostende · Eq €71k
GRAND HOTEL D'OOSTDUINKERKE
BE 0458.128.426
Oudenaarde · Eq €71k
HOTEL BLA BLA
BE 0765.321.585
Brugge · Eq €72k
Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 980 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2013
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.