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CINDERELLA

Active
Private limited company (pre-2019)founded 200719 yrs activeGrote Markt (DEN) 33, 9200 Dendermonde, BelgiumKBO/BCE: BE 0887.750.037
Summary

CINDERELLA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €119,132 and a net result of €2,074. Equity is growing by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 2940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability41▼-42
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 4.1 against 4.78 in 2023; short-term debt: 19.2% and cash: 11.1% of total assets), and 23.6% of the assets are financed with debt.
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Signals

Three 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
38 d early
2023
49 d early
2022
41 d early
2021
40 d early
2020
17 d early
2019
11 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CINDERELLA was incorporated on 7 March 2007.1 Total assets fell from EUR 173,800 in 2018 to EUR 156,022 in 2024 and headcount from 0.4 full-time equivalents in 2018 to 0.1 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€119,132▲ 1.8%
2023 · €117,058
Total assets
€156,022▼ 0.3%
2023 · €156,535
Net result
€2,074▼ 88.1%
2023 · €17,397
Working capital
€93,034▲ 4.6%
2023 · €88,985
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€31,087▲ 410%€83,940▲ 170%€37,867▼ 54.9%€27,718▼ 26.8%€13,331▼ 51.9%
Net result€28,228within the sector's middle half▲ 606%€81,586within the sector's middle half▲ 189%€28,258within the sector's middle half▼ 65.4%€17,397within the sector's middle half▼ 38.4%€2,074within the sector's middle half▼ 88.1%
Equity-€10,183below the sector's middle half▲ 73.5%€71,403within the sector's middle half€99,661within the sector's middle half▲ 39.6%€117,058within the sector's middle half▲ 17.5%€119,132within the sector's middle half▲ 1.8%
Total assets€160,988within the sector's middle half▼ 0.5%€205,333within the sector's middle half▲ 27.5%€144,167below the sector's middle half▼ 29.8%€156,535below the sector's middle half▲ 8.6%€156,022below the sector's middle half▼ 0.3%
Debt€171,171▼ 14.5%€133,930▼ 21.8%€44,506▼ 66.8%€39,477▼ 11.3%€36,890▼ 6.6%
Working capital-€41,956within the sector's middle half▲ 49.9%€41,958within the sector's middle half€69,395within the sector's middle half▲ 65.4%€88,985within the sector's middle half▲ 28.2%€93,034within the sector's middle half▲ 4.6%
Solvency-6.3%below the sector's middle half▲ 17.4pp34.8%within the sector's middle half▲ 41.1pp69.1%above the sector's middle half▲ 34.4pp74.8%above the sector's middle half▲ 5.7pp76.4%above the sector's middle half▲ 1.6pp
Current ratio0.68within the sector's middle half▲ 0.201.42within the sector's middle half▲ 0.744.52above the sector's middle half▲ 3.104.78above the sector's middle half▲ 0.274.10above the sector's middle half▼ 0.68
Return on assets (ROA)17.5%above the sector's middle half▲ 15.1pp39.7%above the sector's middle half▲ 22.2pp19.6%above the sector's middle half▼ 20.1pp11.1%within the sector's middle half▼ 8.5pp1.3%within the sector's middle half▼ 9.8pp
Staff (FTE)0.1below the sector's middle half▼ 66.7%0.1below the sector's middle half0below the sector's middle half▼ 100%0below the sector's middle half
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2020: €31,087€31,087Net result 2020: €28,228€28,228Operating result 2021: €83,940€83,940Net result 2021: €81,586€81,586Operating result 2022: €37,867€37,867Net result 2022: €28,258€28,258Operating result 2023: €27,718€27,718Net result 2023: €17,397€17,397Operating result 2024: €13,331€13,331Net result 2024: €2,074€2,07420202021202220232024€0€10,000€20,000€30,000€40,000Operating result 2022: €37,867€37,900Net result 2022: €28,258€28,300Operating result 2023: €27,718€27,700Net result 2023: €17,397€17,400Operating result 2024: €13,331€13,300Net result 2024: €2,074€2,070202220232024
The operating result has fallen three years in a row; 2024 is 52% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €156,022
Fixed assets €33,022 ▼ 25.0%
Current assets €123,000 ▲ 9.3%
Equity and liabilities €156,022
Equity €119,132 ▲ 1.8%
Debt €36,890 ▼ 6.6%
Debt's share of the balance-sheet total falls from 25.2% to 23.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€24,346▼
2023 · €38,733
Cash flow
€13,089▼
2023 · €28,412
Debt to equity
0.31▼
2023 · 0.34
ROE
1.7%▼
2023 · 14.9%
Interest coverage
2.42▼
2023 · 20.80
Debt ≤ 1 year
€29,965▲
2023 · €23,512
Debt > 1 year
€6,925▼
2023 · €15,965
Income taxes
€2,516▼
2023 · €8,459
Staff costs
€2,786▼
2023 · €3,541
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.8% went bankrupt
4.0% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 10,905 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€156,535€156,022▼
Fixed assets21/28€44,038€33,022▼
Tangible fixed assets22/27€43,538€32,522▼
Plant, machinery and equipment23€13,200€9,917▼
Furniture and vehicles24€9,495€7,059▼
Other tangible fixed assets26€20,843€15,546▼
Financial fixed assets28€500€500=
Current assets29/58€112,497€123,000▲
Amounts receivable within one year40/41€86,876€102,691▲
Trade receivables40€7,709€8,255▲
Other amounts receivable41€79,167€94,436▲
Current investments50/53€3,000€3,000=
Cash at bank and in hand54/58€22,246€17,309▼
Deferred charges and accrued income490/1€375€0▼
Equity and liabilities
Total equity and liabilities10/49€156,535€156,022▼
Equity10/15€117,058€119,132▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€96,598€98,672▲
Amounts payable17/49€39,477€36,890▼
Amounts payable after more than one year17€15,965€6,925▼
Financial debts170/4€15,965€6,925▼
Amounts payable within one year42/48€23,512€29,965▲
Current portion of amounts payable after more than one year42€8,822€9,040▲
Trade debts44€6,231€18,682▲
Suppliers440/4€6,231€18,682▲
Taxes, remuneration and social security45€8,459€2,243▼
Taxes450/3€8,459€2,243▼
Other amounts payable47/48€0-
Income statement Code20232024
Remuneration, social security and pensions62€3,541€2,786▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,015€11,015=
Other operating charges640/8€4,488€2,469▼
Gross operating margin9900€46,763€29,601▼
Operating profit (loss)9901€27,718€13,331▼
Financial income75/76B€0€1,330▲
Recurring financial income75€0€1,330▲
Financial charges65/66B€1,862€10,070▲
Recurring financial charges65€1,862€10,070▲
Profit (loss) for the period before taxes9903€25,856€4,590▼
Income taxes67/77€8,459€2,516▼
Profit (loss) for the period9904€17,397€2,074▼
Profit (loss) for the period to be appropriated9905€17,397€2,074▼
Appropriation of the result
Profit (loss) to be appropriated9906€96,598€98,672▲
Profit (loss) brought forward from the previous period14P€79,201€96,598▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€987€5,546€3,541€2,786▼ 21.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,556€10,734€10,833€11,015€11,015=
Other operating charges640/8-€1,285€2,619€4,488€2,469▼ 45.0%
Gross operating margin9900€46,297€96,946€56,865€46,763€29,601▼ 36.7%
Operating profit (loss)9901€31,087€83,940€37,867€27,718€13,331▼ 51.9%
Financial income75/76B-€0€0€0€1,330-
Recurring financial income75€62€0€0€0€1,330-
Financial charges65/66B-€2,354€2,099€1,862€10,070▲ 441%
Recurring financial charges65€2,921€2,354€2,099€1,862€10,070▲ 441%
Profit (loss) for the period before taxes9903€28,228€81,586€35,768€25,856€4,590▼ 82.2%
Income taxes67/77--€7,510€8,459€2,516▼ 70.3%
Profit (loss) for the period9904€28,228€81,586€28,258€17,397€2,074▼ 88.1%
Profit (loss) for the period to be appropriated9905€28,228€81,586€28,258€17,397€2,074▼ 88.1%
Line20202021202220232024Change
Assets
Total assets20/58€160,988€205,333€144,167€156,535€156,022▼ 0.3%
Fixed assets21/28€73,580€62,846€55,053€44,038€33,022▼ 25.0%
Tangible fixed assets22/27€73,080€62,346€54,553€43,538€32,522▼ 25.3%
Plant, machinery and equipment23-€19,765€16,482€13,200€9,917▼ 24.9%
Furniture and vehicles24-€12,699€11,931€9,495€7,059▼ 25.7%
Other tangible fixed assets26-€29,882€26,139€20,843€15,546▼ 25.4%
Financial fixed assets28€500€500€500€500€500=
Current assets29/58€87,408€142,487€89,114€112,497€123,000▲ 9.3%
Stocks and contracts in progress3€3,250€0----
Stocks30/36-€0----
Amounts receivable within one year40/41€82,075€92,040€79,781€86,876€102,691▲ 18.2%
Trade receivables40-€3,206€5,508€7,709€8,255▲ 7.1%
Other amounts receivable41-€88,835€74,273€79,167€94,436▲ 19.3%
Current investments50/53-€3,000€3,000€3,000€3,000=
Cash at bank and in hand54/58€1,767€47,123€6,333€22,246€17,309▼ 22.2%
Deferred charges and accrued income490/1-€324€0€375€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€160,988€205,333€144,167€156,535€156,022▼ 0.3%
Equity10/15-€10,183€71,403€99,661€117,058€119,132▲ 1.8%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€30,643€50,943€79,201€96,598€98,672▲ 2.1%
Amounts payable17/49€171,171€133,930€44,506€39,477€36,890▼ 6.6%
Amounts payable after more than one year17€41,807€33,400€24,787€15,965€6,925▼ 56.6%
Financial debts170/4-€33,400€24,787€15,965€6,925▼ 56.6%
Amounts payable within one year42/48€129,364€100,530€19,719€23,512€29,965▲ 27.4%
Current portion of amounts payable after more than one year42-€8,620€8,826€8,822€9,040▲ 2.5%
Trade debts44€2,062€5,332€4,067€6,231€18,682▲ 200%
Suppliers440/4-€5,332€4,067€6,231€18,682▲ 200%
Advances received on contracts in progress46-€7,000€0---
Taxes, remuneration and social security45-€0€4,442€8,459€2,243▼ 73.5%
Taxes450/3--€4,442€8,459€2,243▼ 73.5%
Remuneration and social security454/9-€0----
Other amounts payable47/48-€79,578€2,384€0--
Line20202021202220232024Change
Profit (loss) for the period9904€28,228€81,586€28,258€17,397€2,074▼ 88.1%
+ Depreciation and write-downs630€11,556€10,734€10,833€11,015€11,015=
Operating cash flow (approximation)€39,784€92,320€39,090€28,412€13,089▼ 53.9%
Investment in fixed assets (approximation)-€0-€3,040€0€0-
Change in cash-€45,356-€40,790€15,913-€4,938▼ 131%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €100,000Eq €117,058 ▲17.5%
5 profitable years in a row build equity to €117,058.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Liquidity triplescurrent ratio 4.52
Current ratio from 1.42 to 4.52; short-term debt falls from €100,530 to €19,719.
21-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €81,586 ▲189%
Operating result €83,940, net result €81,586, both a record.
31-12
Financial Liquidity doublescurrent ratio 1.42
Current ratio from 0.68 to 1.42; short-term debt falls from €129,364 to €100,530.
14-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
31-12
Financial Back to profitnet €4,000
Net result €4,000 after one loss-making year.
Show earlier events
13-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Dendermonde · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
151 m²
Building footprint
151 m²
Volume, LiDAR
1,544 m³
Parcel 42006C0307/00A000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CINDERELLA
Grote Markt (DEN) 33, 9200 DendermondeNACE 5530105
since 20072.161.283.229
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42006C0307/00A000
ProtectedMonument · Townscape or village viewBurgerhuis ontworpen door Alexis SterckSource ↗
Flanders 151 m² 1 · 151 m² 11.8 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Dendermonde2.161.283.229
1 permission
Toelating · Eetgelegenheid · since 18-12-2008

Similar companies · same sector, comparable size

Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 9,379 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-03-2007
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
55203Holiday cottages, homes and apartments
56302Nightclubs
E-invoicing
Reachable via Peppol
Peppol ID 0208:0887750037
Also 9925:BE0887750037
Registered 28-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.