CHARPAU
ActiveCHARPAU has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €-154. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 94% of 3609 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-42
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 6.81 against 11.44 in 2024), and 14.7% 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 · 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 · 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 2025Solvency, return and age of the figures
Solvency
85.3%
Return on assets
-0.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-02-2026, 156 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
156 d early
2024
141 d early
2023
196 d early
2022
168 d early
2021
33 d early
2020
166 d early
2019
89 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€52k▼ 0.3%
2024 · €53k
2018: €47k
2019: €45k
2020: €61k
2021: €42k
2022: €50k
2023: €48k
2024: €53k
2018 → 2025
Total assets
€61k▲ 6.6%
2024 · €58k
2018: €59k
2019: €48k
2020: €61k
2021: €42k
2022: €54k
2023: €51k
2024: €58k
2018 → 2025
Net result
€-154
2024 · €4k
2018: €292
2019: €-1k
2020: €16k
2021: €-5k
2022: €8k
2023: €-2k
2024: €4k
2018 → 2025
Working capital
€52k▼ 0.3%
2024 · €53k
2018: €51k
2019: €45k
2020: €61k
2021: €42k
2022: €50k
2023: €48k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€50k▲ 20.1%€48k▼ 3.5%€53k▲ 9.1%€52k▼ 0.3%
Operating result€-4k-€9k€-2k€7k€-154
Net result€-5k-€8k€-2k€4k€-154
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 turns negative in 2025: a loss of €154 after €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €61k
Equity
€52k▼ 0.3%
Debt
€9k▲ 79.1%
The debt ratio rises from 8.7% to 14.7%: debt grows while equity shrinks.
Key figures and ratios
Solvency
85.3%▼
2024 · 91.3%
Current ratio
6.81▼
2024 · 11.44
Quick ratio
6.81▼
2024 · 11.44
Debt / equity
0.17▲
2024 · 0.10
ROE
-0.3%▼
2024 · 8.4%
ROA
-0.3%▼
2024 · 7.6%
Debt
€9k▲
2024 · €5k
Debt ≤ 1 year
€9k▲
2024 · €5k
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€58k€61k▲
Current assets29/58€58k€61k▲
Amounts receivable within one year40/41€42k€54k▲
Trade receivables40-€5k
Other amounts receivable41€42k€49k▲
Cash at bank and in hand54/58€11k€7k▼
Deferred charges and accrued income490/1€5k€57▼
Equity and liabilities
Total equity and liabilities10/49€58k€61k▲
Equity10/15€53k€52k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€32k€32k▼
Amounts payable17/49€5k€9k▲
Amounts payable within one year42/48€5k€9k▲
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€272€567▲
Taxes450/3€272€567▲
Income statement
Code20242025
Non-recurring operating income76A€5k-
Gross operating margin9900€7k€-154▼
Operating profit (loss)9901€7k€-154▼
Profit (loss) for the period before taxes9903€7k€-154▼
Income taxes67/77€3k-
Profit (loss) for the period9904€4k€-154▼
Profit (loss) for the period to be appropriated9905€4k€-154▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€32k▼
Profit (loss) brought forward from the previous period14P€28k€32k▲
The notes to these accounts (1 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
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-5k ▼129%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 169.85
Current ratio from 21.24 to 169.85; short-term debt falls from €2k to €362.
03-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 75 days late
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 99 days late
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, Tienen · 1 establishment unit since 2004
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.
Kapucijnenstraat 753300 TienenGround area
461 m²
Building footprint
142 m²
Volume, LiDAR
1,081 m³
Parcel 24593H0481/00V002, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Restaurant de Refugie
since 20042.144.664.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24593H0481/00V002 | Flanders | 461 m² | 1 · 142 m² | 11.0 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.
Similar companies · same sector, comparable size
L'EXCEL
BE 1004.111.633
Mons · Eq €52k
PASTA FIORINA II
BE 0862.710.080
Oupeye · Eq €52k
Bistoreca
BE 0866.813.081
Antwerpen · Eq €52k
TESTA ROSSI DMF
BE 0882.567.663
Machelen (Brab.) · Eq €52k
FESTOS
BE 0448.043.691
Ciney · Eq €53k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,701 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2004
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.