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CIRQUE CAFE

Active
Private limited companyfounded 20224 yrs activeGentsesteenweg 1031, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0787.826.773
Summary

The computed 12-month bankruptcy probability of CIRQUE CAFE is 7.2% (elevated). The 2024 annual accounts show equity of €75,411 and a net result of €85,056. Its solvency ranks better than 72% of 18935 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+7
Solvency80▲+1
Growth85
Track record94
Bankruptcy probability, 12 months
7.2% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.17 against 2.14 in 2023; short-term debt: 44.9% and cash: 56.4% of total assets), and 45.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2026, 306 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
306 d late
2023
70 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 188 days after 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 (1)
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

CIRQUE CAFE was incorporated on 29 June 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Turnover
€580,078▲ 101%
2023 · €288,131
EBIT margin
15.4%▲ 5.3pp
2023 · 10.1%
Net result
€85,056▲ 328%
2023 · €19,855
Working capital
€72,118▲ 259%
2023 · €20,065
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Turnover€288,131-€580,078▲ 101%
Operating result€29,189-€89,279▲ 206%
Net result€19,855above the sector's middle half-€85,056above the sector's middle half▲ 328%
EBIT margin10.1%-15.4%▲ 5.3pp
Equity€20,355within the sector's middle half-€75,411within the sector's middle half▲ 270%
Total assets€37,880below the sector's middle half-€137,787within the sector's middle half▲ 264%
Debt€17,525-€62,375▲ 256%
Working capital€20,065within the sector's middle half-€72,118above the sector's middle half▲ 259%
Solvency53.7%within the sector's middle half-54.7%within the sector's middle half▲ 1.0pp
Current ratio2.14above the sector's middle half-2.17above the sector's middle half▲ 0.02
Return on assets (ROA)52.4%above the sector's middle half-61.7%above the sector's middle half▲ 9.3pp
Staff (FTE)0.8-0.7▼ 12.5%
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
€0€25,000€50,000€75,000€100,000Operating result 2023: €29,189€29,189Net result 2023: €19,855€19,855Operating result 2024: €89,279€89,279Net result 2024: €85,056€85,05620232024€0€25,000€50,000€75,000€100,000Operating result 2023: €29,189€29,200Net result 2023: €19,855€19,900Operating result 2024: €89,279€89,300Net result 2024: €85,056€85,10020232024
The operating result rises in 2024; 2024 is 206% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €137,787
Fixed assets €3,793
Current assets €133,994
Equity and liabilities €137,787
Equity €75,411 ▲ 270%
Debt €62,375 ▲ 256%
Debt's share of the balance-sheet total falls from 46.3% to 45.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€90,362▲
2023 · €30,082
Cash flow
€86,140▲
2023 · €20,748
Quick ratio
2.16▲
2023 · 2.11
Debt to equity
0.83▼
2023 · 0.86
ROE
112.8%▲
2023 · 97.5%
Interest coverage
17.47▲
2023 · 7.35
Debt ≤ 1 year
€61,875▲
2023 · €17,525
Staff costs
€16,226▼
2023 · €16,302
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.2% 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 497,340 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% 1.8%
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 39,278 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 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€37,880€137,787▲
Formation expenses20€290-
Fixed assets21/28-€3,793
Tangible fixed assets22/27-€3,793
Furniture and vehicles24-€3,793
Current assets29/58€37,590€133,994▲
Stocks and contracts in progress3€525€627▲
Stocks30/36€525€627▲
Amounts receivable within one year40/41€17,334€55,657▲
Trade receivables40€6,174€6,770▲
Other amounts receivable41€11,159€48,887▲
Cash at bank and in hand54/58€13,031€77,668▲
Deferred charges and accrued income490/1€6,700€41▼
Equity and liabilities
Total equity and liabilities10/49€37,880€137,787▲
Equity10/15€20,355€75,411▲
Contributions10/11€500€500=
Capital10€500-
Issued capital100€500-
Outside capital11-€500
Other1109/19-€500
Profit (loss) carried forward14€19,855€74,911▲
Amounts payable17/49€17,525€62,375▲
Amounts payable within one year42/48€17,525€61,875▲
Trade debts44€8,701€12,261▲
Suppliers440/4€8,701€12,261▲
Taxes, remuneration and social security45€7,423€18,214▲
Taxes450/3€5,390€16,027▲
Remuneration and social security454/9€2,033€2,187▲
Other amounts payable47/48€1,400€31,400▲
Accrued charges and deferred income492/3-€500
Income statement Code20232024
Turnover70€288,131€580,078▲
Non-recurring operating income76A€65€4,446▲
Goods, raw materials, services and sundry goods60/61€232,415€450,143▲
Remuneration, social security and pensions62€16,302€16,226▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€893€1,084▲
Other operating charges640/8€4,199€27,682▲
Non-recurring operating charges66A€5,199€111▼
Gross operating margin9900€55,781€134,382▲
Operating profit (loss)9901€29,189€89,279▲
Financial income75/76B€15€949▲
Recurring financial income75€15€883▲
Non-recurring financial income76B-€66
Financial charges65/66B€4,093€5,171▲
Recurring financial charges65€4,093€5,171▲
Profit (loss) for the period before taxes9903€25,111€85,056▲
Income taxes67/77€5,256-
Profit (loss) for the period9904€19,855€85,056▲
Profit (loss) for the period to be appropriated9905€19,855€85,056▲
Appropriation of the result
Profit (loss) to be appropriated9906€19,855€104,911▲
Profit (loss) brought forward from the previous period14P-€19,855
Profit to be distributed694/7-€30,000
Directors or managers695-€30,000

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€288,131€580,078▲ 101%
Non-recurring operating income76A€65€4,446▲ 6,742%
Goods, raw materials, services and sundry goods60/61€232,415€450,143▲ 93.7%
Remuneration, social security and pensions62€16,302€16,226▼ 0.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€893€1,084▲ 21.4%
Other operating charges640/8€4,199€27,682▲ 559%
Non-recurring operating charges66A€5,199€111▼ 97.9%
Gross operating margin9900€55,781€134,382▲ 141%
Operating profit (loss)9901€29,189€89,279▲ 206%
Financial income75/76B€15€949▲ 6,153%
Recurring financial income75€15€883▲ 5,716%
Non-recurring financial income76B-€66-
Financial charges65/66B€4,093€5,171▲ 26.4%
Recurring financial charges65€4,093€5,171▲ 26.4%
Profit (loss) for the period before taxes9903€25,111€85,056▲ 239%
Income taxes67/77€5,256--
Profit (loss) for the period9904€19,855€85,056▲ 328%
Profit (loss) for the period to be appropriated9905€19,855€85,056▲ 328%
Line20232024Change
Assets
Total assets20/58€37,880€137,787▲ 264%
Formation expenses20€290--
Fixed assets21/28-€3,793-
Tangible fixed assets22/27-€3,793-
Furniture and vehicles24-€3,793-
Current assets29/58€37,590€133,994▲ 256%
Stocks and contracts in progress3€525€627▲ 19.4%
Stocks30/36€525€627▲ 19.4%
Amounts receivable within one year40/41€17,334€55,657▲ 221%
Trade receivables40€6,174€6,770▲ 9.6%
Other amounts receivable41€11,159€48,887▲ 338%
Cash at bank and in hand54/58€13,031€77,668▲ 496%
Deferred charges and accrued income490/1€6,700€41▼ 99.4%
Equity and liabilities
Total equity and liabilities10/49€37,880€137,787▲ 264%
Equity10/15€20,355€75,411▲ 270%
Contributions10/11€500€500=
Capital10€500--
Issued capital100€500--
Outside capital11-€500-
Other1109/19-€500-
Profit (loss) carried forward14€19,855€74,911▲ 277%
Amounts payable17/49€17,525€62,375▲ 256%
Amounts payable within one year42/48€17,525€61,875▲ 253%
Trade debts44€8,701€12,261▲ 40.9%
Suppliers440/4€8,701€12,261▲ 40.9%
Taxes, remuneration and social security45€7,423€18,214▲ 145%
Taxes450/3€5,390€16,027▲ 197%
Remuneration and social security454/9€2,033€2,187▲ 7.6%
Other amounts payable47/48€1,400€31,400▲ 2,143%
Accrued charges and deferred income492/3-€500-
Line20232024Change
Profit (loss) for the period9904€19,855€85,056▲ 328%
+ Depreciation and write-downs630€893€1,084▲ 21.4%
Operating cash flow (approximation)€20,748€86,140▲ 315%
Change in cash-€64,638-

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

2026
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 306 days late
2024
09-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
NBB filing
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, Sint-Agatha-Berchem · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
525 m²
Building footprint
387 m²
Volume, LiDAR
3,647 m³
2 parcels, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Cirque Café
Lakensestraat 87, 1000 BrusselCafés and bars
since 20222.332.844.060
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21342B0108/00S000 Brussels 379 m² 1 · 243 m² 14.4 m · 1 fl.
21812N0729/00C000 Brussels 146 m² 1 · 144 m² 16.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
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 site
Brussel2.332.844.060
1 permission
Drankgelegenheid · since 29-06-2022

Similar companies · same sector, comparable size

Of 14,001 companies in sector 56301 we hold annual accounts for 4,899. 3,889 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
Founded29-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787826773
Also 9925:BE0787826773
Registered 15-12-2025

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

Register as of 30 September 2026 · Peppol Directory

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