Equity
La Citadelle de Dinant has made a profit without a break since 2008.
La Citadelle de Dinant has made a profit without a break since 2008.
The result fell in 2025 from €789,914 to €89,864.
In 2025, 126 people joined and 131 left.
Short-term debts fell from €784,230 to €435,558.
Nine of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.
More equity than 95% of companies in food and beverage service. Sector median €109,727 · 967 companies.
The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small). It does better than 93% of them on solvency, 76% on liquidity, 50% on profitability and 41% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 14,766 companies had the same profile as La Citadelle de Dinant has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of La Citadelle de Dinant itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for La Citadelle de Dinant. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 6.07 (3.16 in 2024), above the usual 1.5. Short-term debt is 9.7% and cash 12.2% of total assets. 26.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| La Citadelle de Dinant Dinant | €4.5m | €2.1m | 73.7% | 21.5 |
| ESTHIO Harelbeke | €4.4m | €2.7m | 61.5% | 26.7 |
| ANTOON & C° Diksmuide | €5.8m | €1.8m | 52.7% | 14.9 |
| DE PALETHOEVE Brecht | €3.2m | €1.9m | 56.0% | 37.6 |
| L'HUITRIERE-EOLE Evere | €1.5m | €1.3m | 1.5% | 25.3 |
| Hof Ter Velden Dendermonde | €2.8m | €1.8m | 49.2% | 27.9 |
| De Montil Affligem | €5.8m | €1.4m | 41.6% | 10.1 |
These companies have the same main activity as La Citadelle de Dinant: event catering (NACE 56210). They are comparable in size and age: total assets between €1.5m and €5.8m, founded between 1966 and 1985.
La Citadelle de Dinant has existed since 1906. The gross margin grew from €487,592 in 2006 to €2.1m in 2025 and staff from 14.2 to 21.5 full-time equivalents.
Solvency fell in 2025 from 79.7% to 73.7%.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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