CITRON
ActiveThe file of CITRON contains 3 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show negative equity (€-151k) and a net result of €-49k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 3644 sector peers (fiscal year 2025).
Checked score
Score 2025
11
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-59
Solvency0=
Growth32▼-26
Track record60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.06 in 2024; short-term debt: 119% and cash: 9.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Ten 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 →
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
-37.2%
Return on assets
-12%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-151k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
274 d late
2022
193 d late
2021
122 d early
2020
9 d early
2019
1 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-49k
2024 · €149k
2018: €7k
2019: €16k
2020: €10k
2021: €24k
2022: €-167k
2023: €-191k
2024: €149k
2018 → 2025
Working capital
€-382k▲ 12.6%
2024 · €-437k
2018: €-37k
2019: €-5k
2020: €16k
2021: €60k
2022: €-92k
2023: €-642k
2024: €-437k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€-60k€-252k▼ 318%€-102k▲ 59.3%€-151k▼ 47.7%
Operating result€47k-€-161k€-186k▼ 15.9%€169k€-25k
Net result€24k-€-167k€-191k▼ 14.4%€149k€-49k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €169k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €406k
Fixed assets
€305k▼ 11.6%
Current assets
€102k▲ 251%
Key figures and ratios
EBITDA
€25k▼
2024 · €220k
Cash flow
€1k▼
2024 · €201k
Solvency
-37.2%▼
2024 · -27.4%
Current ratio
0.21▲
2024 · 0.06
Quick ratio
0.19▲
2024 · 0.02
Debt / equity
-3.68▲
2024 · -4.65
ROA
-12.0%▼
2024 · 39.9%
Interest coverage
4.42▼
2024 · 11.26
Debt
€557k▲
2024 · €476k
Debt ≤ 1 year
€483k▲
2024 · €466k
Staff costs
€234k▼
2024 · €418k
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€374k€406k▲
Fixed assets21/28€345k€305k▼
Tangible fixed assets22/27€343k€299k▼
Plant, machinery and equipment23€31k€29k▼
Furniture and vehicles24€43k€30k▼
Other tangible fixed assets26€268k€240k▼
Financial fixed assets28€2k€6k▲
Current assets29/58€29k€102k▲
Stocks and contracts in progress3€18k€12k▼
Stocks30/36€18k€12k▼
Amounts receivable within one year40/41€9k€50k▲
Trade receivables40€9k€46k▲
Other amounts receivable41€662€4k▲
Cash at bank and in hand54/58€0€38k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€374k€406k▲
Equity10/15€-102k€-151k▼
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€-123k€-172k▼
Amounts payable17/49€476k€557k▲
Amounts payable within one year42/48€466k€483k▲
Current portion of amounts payable after more than one year42€1k€0▼
Financial debts43€124€191▲
Credit institutions430/8€124€191▲
Trade debts44€81k€114k▲
Suppliers440/4€81k€114k▲
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€298k€282k▼
Taxes450/3€207k€197k▼
Remuneration and social security454/9€91k€85k▼
Other amounts payable47/48€84k€85k▲
Accrued charges and deferred income492/3€10k€74k▲
Income statement
Code20242025
Non-recurring operating income76A€344k€0▼
Remuneration, social security and pensions62€418k€234k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€50k▼
Other operating charges640/8€536€2k▲
Non-recurring operating charges66A€0€964▲
Gross operating margin9900€639k€262k▼
Operating profit (loss)9901€169k€-25k▼
Financial income75/76B€20€0▼
Recurring financial income75€20€0▼
Financial charges65/66B€20k€24k▲
Recurring financial charges65€20k€6k▼
Non-recurring financial charges66B-€18k
Profit (loss) for the period before taxes9903€149k€-49k▼
Profit (loss) for the period9904€149k€-49k▼
Profit (loss) for the period to be appropriated9905€149k€-49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-123k€-172k▼
Profit (loss) brought forward from the previous period14P€-272k€-123k▲
Social balance
Average headcount (FTE)908710.38.4▼
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
05-06
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · 20250134 · event 27-05-2026
12-02
Judicial reorganisation
Extension
Tribunal de l’entreprise francophone de Bruxelles · collectif_pme · event 28-01-2026
2025
23-10
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif_pme · event 15-10-2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
01-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 274 days late
2024
31-12
Financial
Back to profitnet €149k
Net result €149k after 2 loss-making years.
09-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 193 days late
2023
31-12
Financial
Weakest financial yearnet €-191k
Net result drops to €-191k, the lowest in the series; recovery starts the following year.
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €100kEq €107k ▲28.5%
4 profitable years in a row build equity to €107k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Elsene · 1 establishment unit since 2011
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.
Louizalaan 651050 ElseneGround area
2,141 m²
Building footprint
2,830 m²
Volume, LiDAR
63,842 m³
2 parcels, Brussels · tallest building 35.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Le Capouillet
since 20112.199.502.120
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 fl. |
| 21445C0265/00C006 | Brussels | 458 m² | 1 · 397 m² | 13.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 siteElsene2.199.502.120
Similar companies · same sector, comparable size
BOLERO ATELIER
BE 0835.015.194
Antwerpen · Eq €107k
Finesse Kitchen
BE 0749.512.763
Lennik · Eq €107k
DEVhouse
BE 0758.732.614
Sint-Gillis-Waas · Eq €107k
SOREST-DEPOITRE
BE 0439.315.176
Ath · Eq €107k
TRAITEUR ROBERT
BE 0454.258.621
Menen · Eq €106k
Of 7,508 companies in sector 56210 we hold annual accounts for 2,445. 1,969 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2011
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.