Central Brugge
ActiveCentral Brugge has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.61M and a net result of €99k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 88% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+4
Solvency98▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.3 in 2023; short-term debt: 20.1% and cash: 12.4% of total assets), and 27.3% 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.
−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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.7%
Return on assets
4.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
30 d late
2022
31 d late
2021
29 d late
2020
5 d early
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.61M▲ 6.6%
2023 · €1.51M
2018: €1.09M
2019: €1.13M
2020: €1.03M
2021: €1.31M
2022: €1.50M
2023: €1.51M
2018 → 2024
Total assets
€2.22M▲ 3.2%
2023 · €2.15M
2018: €1.80M
2019: €1.86M
2020: €1.76M
2021: €2.13M
2022: €2.24M
2023: €2.15M
2018 → 2024
Net result
€99k▲ 409%
2023 · €20k
2018: €5k
2019: €33k
2020: €-91k
2021: €280k
2022: €181k
2023: €20k
2018 → 2024
Working capital
€76k▼ 36.3%
2023 · €120k
2018: €-98k
2019: €-184k
2020: €-353k
2021: €81k
2022: €170k
2023: €120k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.03M-€1.31M▲ 27.0%€1.50M▲ 13.8%€1.51M▲ 1.3%€1.61M▲ 6.6%
Operating result€-81k-€249k€174k▼ 30.2%€59k▼ 66.3%€176k▲ 201%
Net result€-91k-€280k€181k▼ 35.2%€20k▼ 89.2%€99k▲ 409%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 201% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.22M
Fixed assets
€1.70M▲ 3.6%
Current assets
€524k▲ 1.9%
Equity and liabilities €2.22M
Equity
€1.61M▲ 6.6%
Debt
€606k▼ 4.8%
The debt ratio falls from 29.6% to 27.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€237k▲
2023 · €112k
Cash flow
€160k▲
2023 · €73k
Solvency
72.7%▲
2023 · 70.4%
Current ratio
1.17▼
2023 · 1.30
Quick ratio
1.16▼
2023 · 1.29
Debt / equity
0.38▼
2023 · 0.42
ROE
6.2%▲
2023 · 1.3%
ROA
4.5%▲
2023 · 0.9%
Interest coverage
29.74▲
2023 · 7.51
Debt
€606k▼
2023 · €636k
Debt ≤ 1 year
€447k▲
2023 · €394k
Debt > 1 year
€159k▼
2023 · €242k
Income taxes
€70k▲
2023 · €25k
Staff costs
€877k▲
2023 · €875k
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€2.15M€2.22M▲
Fixed assets21/28€1.64M€1.70M▲
Intangible fixed assets21€806k€818k▲
Tangible fixed assets22/27€408k€455k▲
Land and buildings22€243k€307k▲
Plant, machinery and equipment23€124k€114k▼
Furniture and vehicles24€42k€34k▼
Financial fixed assets28€423k€423k▲
Current assets29/58€514k€524k▲
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€180k€242k▲
Trade receivables40€86k€124k▲
Other amounts receivable41€94k€117k▲
Cash at bank and in hand54/58€328k€276k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€2.15M€2.22M▲
Equity10/15€1.51M€1.61M▲
Contributions10/11€352k€352k=
Capital10€352k€352k=
Issued capital100€352k€352k=
Reserves13€680k€780k▲
Non-distributable reserves130/1€60k€60k=
Legal reserve130€60k€60k=
Distributable reserves133€620k€719k▲
Profit (loss) carried forward14€483k€483k=
Amounts payable17/49€636k€606k▼
Amounts payable after more than one year17€242k€159k▼
Financial debts170/4€242k€159k▼
Amounts payable within one year42/48€394k€447k▲
Current portion of amounts payable after more than one year42€97k€101k▲
Financial debts43€3k€99▼
Credit institutions430/8€3k€99▼
Trade debts44€114k€121k▲
Suppliers440/4€114k€121k▲
Taxes, remuneration and social security45€147k€171k▲
Taxes450/3€41k€81k▲
Remuneration and social security454/9€106k€90k▼
Other amounts payable47/48€34k€55k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€875k€877k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€61k▲
Other operating charges640/8€2k€57k▲
Non-recurring operating charges66A-€19k
Gross operating margin9900€989k€1.19M▲
Operating profit (loss)9901€59k€176k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Non-recurring financial income76B€0-
Financial charges65/66B€15k€8k▼
Recurring financial charges65€15k€8k▼
Profit (loss) for the period before taxes9903€45k€170k▲
Income taxes67/77€25k€70k▲
Profit (loss) for the period9904€20k€99k▲
Profit (loss) for the period to be appropriated9905€20k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€502k€582k▲
Profit (loss) brought forward from the previous period14P€483k€483k=
Transfer to equity691/2€20k€99k▲
To other reserves6921€20k€99k▲
Social balance
Average headcount (FTE)908719.219.2=
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Back to profitnet €280k
Net result €280k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 1.20
Current ratio from 0.18 to 1.20; short-term debt falls from €432k to €408k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-91k ▼378%
Net result drops to €-91k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brugge · 1 establishment unit since 2003
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.
Markt 308000 BruggeGround area
272 m²
Building footprint
265 m²
Volume, LiDAR
2,098 m³
Parcel 31805E1361/00M000, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Markt 30, 8000 Brugge
since 20032.123.561.513
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E1361/00M000 | Flanders | 272 m² | 1 · 265 m² | 13.4 m · 3 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 siteBrugge2.123.561.513
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LEYLAND
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VILLA LORRAINE
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 2,807 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2002
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
55100Hotels and similar accommodation
55102
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.