CUARTO
The file of CUARTO contains 1 judicial reorganisation, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show equity of €5k and a net result of €-76k. Equity is shrinking by ~38.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025.
| Equity | €5k |
| Net result | €-76k |
| Staff (FTE) | 15 |
| Active | 7 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-40k |
| Net profit | €-76k |
| Cash flow | €-50k |
| Staff costs | €247k |
| Income taxes | €205 |
| Dividends | - |
| Total assets | €219k |
| Equity | €5k |
| Debt | €215k |
| of which ≤ 1y | €101k |
| of which > 1y | €114k |
| Working capital | €31k |
| Employees (FTE) | 15.0 |
| 2024 | |
|---|---|
| Current ratio | 1.30 |
| Quick ratio | 1.29 |
| Working capital ratio | 13.9% |
| Solvency | 2.3% |
| Debt / equity | 43.16 |
| Long-term debt ratio | 22.93 |
| Interest coverage | -4.24 |
| Gross margin | - |
| Net margin | - |
| ROA | -34.6% |
| ROE | -1527.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €219k |
| Fixed assets | 21/28 | €88k |
| Tangible fixed assets | 22/27 | €88k |
| Financial fixed assets | 28 | €350 |
| Current assets | 29/58 | €131k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €116k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €219k |
| Equity | 10/15 | €5k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €68k |
| Accumulated profits (losses) | 14 | €-81k |
| Amounts payable | 17/49 | €215k |
| Amounts payable after one year | 17 | €114k |
| Amounts payable within one year | 42/48 | €101k |
| Trade debts payable within one year | 44 | €40k |
| Income statement | ||
| Gross operating margin | 9900 | €239k |
| Operating result | 9901 | €-66k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-76k |
| Income taxes | 67/77 | €205 |
| Net result for the period | 9904 | €-76k |
| Result to be appropriated | 9905 | €-76k |
-
Current30-05-2025 → present
2 events
- 30-05-2025 Appointed· Director
- 01-03-2021 Resigned· Director
-
I. Faes ManagementLegal entityDirector· perm. rep.: Van Craen IveState Gazette act 20098211 (26-08-2020)Current06-06-2020 → present
Former directors (2)
-
RVR INVEST & PROJECTSLegal entityDirector· perm. rep.: Van Rompaey RubenState Gazette act 20023238 (10-02-2020)Former01-01-2020 → 23-03-2022
2 events
- 23-03-2022 Resigned· Director
- 01-01-2020 Appointed· Director
-
Former- → 10-02-2020
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 22-08-2018 |
| Status | Active |
| Postal code | 3200 |
| First BS signal | 28-01-2026 |
| Latest BS signal | 28-01-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662H0083/00M000 | Flanders | 212 m² | 1 · 212 m² | 13.7 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-03-2026 General meeting · Officer resignation · Officer discharge · Officer appointment
- Publication: 26/03/2026 · CUARTO
- Filing: 18/03/2026 · CUARTO
- General meeting: 05/09/2025 · CUARTO
- Officer resignation: role: bestuurder · Ive Van Craen
- Officer discharge: role: bestuurder · Ive Van Craen
- Officer appointment: role: bestuurder, start_date: onmiddellijke ingang · Davy Geerts
- Mandate compensation: onbezoldigd · Davy Geerts
Technical details
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}25-08-2025 1 director appointed, 1 resigning
- Ive Van Craen, Bestuurder
- BV Quinto, Bestuurder
Technical details
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}19-04-2022 Van Rompaey Ruben resigns as director
- Van Rompaey Ruben, Bestuurder
Technical details
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}09-04-2021 Van Craen Ive resigns as director
- Van Craen Ive, Bestuurder
Technical details
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}26-08-2020 Van Craen Ive appointed as director
- Van Craen Ive, Bestuurder
Technical details
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}10-02-2020 1 director appointed, 1 resigning
- Van Rompaey Ruben, Bestuurder
- Van Rompaey Ruben, Bestuurder
Technical details
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}24-08-2018 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | CUARTO |