CUIS'ART
ActiveSummary
The computed 12-month bankruptcy probability of CUIS'ART is 2.4% (moderate). The 2025 annual accounts show equity of €142,727 and a net result of -€34,704. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 3757 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-87
Solvency55▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 1.85 in 2024; short-term debt: 51.5% and cash: 28.5% of total assets), and 70.1% of the assets are financed with debt.
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Signals
Four 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 dateAge against the risk zone
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d early
2023
14 d early
2022
46 d early
2021
12 d early
2020
5 d early
2019
12 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 9 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€34,704
2024 · €152,337
Working capital
€3,115▼ 99.0%
2024 · €305,074
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€69,474▲ 6.5%€189,590€194,804▲ 2.8%€220,012▲ 12.9%-€28,403
Net result-€80,280▼ 1.5%€178,961€135,737▼ 24.2%€152,337▲ 12.2%-€34,704
Equity-€139,605▲ 12.4%€39,356€175,093▲ 345%€177,430▲ 1.3%€142,727▼ 19.6%
Total assets€238,853▲ 212%€458,243▲ 91.9%€581,961▲ 27.0%€685,633▲ 17.8%€477,426▼ 30.4%
Debt€378,458▲ 60.4%€418,887▲ 10.7%€406,868▼ 2.9%€508,203▲ 24.9%€334,699▼ 34.1%
Working capital€121,680€275,609▲ 127%€325,572▲ 18.1%€305,074▼ 6.3%€3,115▼ 99.0%
Staff (FTE)13.1▼ 10.9%16.1▲ 22.9%20▲ 24.2%20.3▲ 1.5%17.1▼ 15.8%
Why a figure moved sharply
- 2023 Equity +345% on 2022. Cause not known from the registers.
- 2022 Total assets +92% on 2021. Cause not known from the registers.
- 2021 Total assets +212% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €28,403 after €220,012 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €477,426
Fixed assets
€228,662 ▲ 926%
Current assets
€248,764 ▼ 62.5%
Equity and liabilities €477,426
Equity
€142,727 ▼ 19.6%
Debt
€334,699 ▼ 34.1%
Debt's share of the balance-sheet total falls from 74.1% to 70.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€18,649▼
2024 · €228,968
Cash flow
-€24,949▼
2024 · €161,293
Current ratio
1.01▼
2024 · 1.85
Quick ratio
1.01▼
2024 · 1.83
Debt to equity
2.35▼
2024 · 2.86
ROE
-24.3%▼
2024 · 85.9%
ROA
-7.3%▼
2024 · 22.2%
Interest coverage
-1.75▼
2024 · 24.47
Debt ≤ 1 year
€245,649▼
2024 · €358,266
Debt > 1 year
€89,050▼
2024 · €149,937
Income taxes
€1,016▼
2024 · €59,861
Staff costs
€693,171▼
2024 · €756,878
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,501 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,501 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €11,833 | - |
| Remuneration, social security and pensions62 | €88,050 | €478,368 | €717,275 | €756,878 | €693,171 | ▼ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,006 | €15,119 | €17,759 | €8,956 | €9,754 | ▲ 8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €688 | -€688 | ▼ 200% |
| Other operating charges640/8 | €3,309 | €4,039 | €4,872 | €4,543 | €5,601 | ▲ 23.3% |
| Non-recurring operating charges66A | - | - | - | - | €35 | - |
| Gross operating margin9900 | €43,891 | €687,116 | €934,710 | €991,077 | €679,470 | ▼ 31.4% |
| Operating profit (loss)9901 | -€69,474 | €189,590 | €194,804 | €220,012 | -€28,403 | ▼ 113% |
| Financial income75/76B | - | €674 | €369 | €1,542 | €5,373 | ▲ 248% |
| Recurring financial income75 | - | €674 | €369 | €1,542 | €5,373 | ▲ 248% |
| Financial charges65/66B | €9,893 | €10,470 | €8,888 | €9,356 | €10,657 | ▲ 13.9% |
| Recurring financial charges65 | €9,893 | €10,470 | €8,888 | €9,356 | €10,657 | ▲ 13.9% |
| Profit (loss) for the period before taxes9903 | -€79,367 | €179,794 | €186,285 | €212,198 | -€33,688 | ▼ 116% |
| Income taxes67/77 | €913 | €833 | €50,548 | €59,861 | €1,016 | ▼ 98.3% |
| Profit (loss) for the period9904 | -€80,280 | €178,961 | €135,737 | €152,337 | -€34,704 | ▼ 123% |
| Profit (loss) for the period to be appropriated9905 | -€80,280 | €178,961 | €135,737 | €152,337 | -€34,704 | ▼ 123% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €238,853 | €458,243 | €581,961 | €685,633 | €477,426 | ▼ 30.4% |
| Fixed assets21/28 | €40,690 | €32,980 | €58,762 | €22,293 | €228,662 | ▲ 926% |
| Intangible fixed assets21 | €4,254 | €3,141 | €2,028 | €915 | €9,358 | ▲ 923% |
| Tangible fixed assets22/27 | €36,136 | €29,539 | €56,434 | €21,078 | €19,004 | ▼ 9.8% |
| Plant, machinery and equipment23 | €3,176 | €3,576 | €1,577 | €1,165 | €3,395 | ▲ 191% |
| Furniture and vehicles24 | €5,567 | €6,100 | €42,460 | €12,318 | €12,816 | ▲ 4.0% |
| Other tangible fixed assets26 | €27,393 | €19,863 | €12,397 | €7,595 | €2,793 | ▼ 63.2% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €200,300 | ▲ 66,667% |
| Current assets29/58 | €198,163 | €425,263 | €523,199 | €663,340 | €248,764 | ▼ 62.5% |
| Stocks and contracts in progress3 | €3,816 | €9,077 | €6,908 | €7,027 | €1,464 | ▼ 79.2% |
| Stocks30/36 | €3,816 | €9,077 | €6,908 | €7,027 | €1,464 | ▼ 79.2% |
| Amounts receivable within one year40/41 | €21,198 | €158,063 | €155,748 | €375,783 | €97,014 | ▼ 74.2% |
| Trade receivables40 | €20,677 | €152,633 | €149,601 | €224,640 | €96,076 | ▼ 57.2% |
| Other amounts receivable41 | €521 | €5,430 | €6,147 | €151,143 | €938 | ▼ 99.4% |
| Cash at bank and in hand54/58 | €170,236 | €251,046 | €355,940 | €274,013 | €135,889 | ▼ 50.4% |
| Deferred charges and accrued income490/1 | €2,913 | €7,077 | €4,603 | €6,517 | €14,397 | ▲ 121% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €238,853 | €458,243 | €581,961 | €685,633 | €477,426 | ▼ 30.4% |
| Equity10/15 | -€139,605 | €39,356 | €175,093 | €177,430 | €142,727 | ▼ 19.6% |
| Contributions10/11 | €118,600 | €118,600 | €120,460 | €120,460 | €120,460 | = |
| Reserves13 | €29,860 | €29,860 | €28,000 | €28,000 | €28,000 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €28,000 | €28,000 | €28,000 | €28,000 | €28,000 | = |
| Profit (loss) carried forward14 | -€288,065 | -€109,104 | €26,633 | €28,970 | -€5,733 | ▼ 120% |
| Amounts payable17/49 | €378,458 | €418,887 | €406,868 | €508,203 | €334,699 | ▼ 34.1% |
| Amounts payable after more than one year17 | €301,728 | €267,002 | €209,241 | €149,937 | €89,050 | ▼ 40.6% |
| Financial debts170/4 | €301,728 | €267,002 | €209,241 | €149,937 | €89,050 | ▼ 40.6% |
| Amounts payable within one year42/48 | €76,483 | €149,654 | €197,627 | €358,266 | €245,649 | ▼ 31.4% |
| Current portion of amounts payable after more than one year42 | €6,837 | €34,726 | €57,761 | €59,304 | €60,887 | ▲ 2.7% |
| Financial debts43 | - | - | - | - | €55,000 | - |
| Credit institutions430/8 | - | - | - | - | €55,000 | - |
| Trade debts44 | €10,042 | €53,406 | €63,731 | €74,322 | €60,708 | ▼ 18.3% |
| Suppliers440/4 | €10,042 | €53,406 | €63,731 | €74,322 | €60,708 | ▼ 18.3% |
| Taxes, remuneration and social security45 | €29,797 | €49,916 | €65,070 | €63,751 | €56,944 | ▼ 10.7% |
| Taxes450/3 | €910 | €7,551 | €10,306 | €44,776 | €43,190 | ▼ 3.5% |
| Remuneration and social security454/9 | €28,887 | €42,365 | €54,764 | €18,975 | €13,754 | ▼ 27.5% |
| Other amounts payable47/48 | €29,807 | €11,606 | €11,065 | €160,889 | €12,110 | ▼ 92.5% |
| Accrued charges and deferred income492/3 | €247 | €2,231 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€80,280 | €178,961 | €135,737 | €152,337 | -€34,704 | ▼ 123% |
| + Depreciation and write-downs630 | €22,006 | €15,119 | €17,759 | €8,956 | €9,754 | ▲ 8.9% |
| Operating cash flow (approximation) | -€58,274 | €194,080 | €153,496 | €161,293 | -€24,949 | ▼ 115% |
| Investment in fixed assets (approximation) | - | -€7,409 | -€43,541 | €27,513 | -€216,123 | ▼ 886% |
| Change in cash | - | €80,810 | €104,894 | -€81,927 | -€138,124 | ▼ 68.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €150,000Eq €175,093 ▲345%
2 profitable years in a row build equity to €175,093.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €178,961
Net result €178,961 after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet -€80,280
Net result drops to -€80,280, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 30current ratio 2.59
Current ratio from 0.09 to 2.59; short-term debt falls from €191,751 to €76,483.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 12 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
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, Etterbeek · 1 establishment unit since 2000
Ground area
400 m²
Building footprint
413 m²
Volume, LiDAR
1,957 m³
Parcel 21362B0244/00X006, Brussels · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TRAITEUR VINCENT DEHAENE
since 20002.096.871.467
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0244/00X006 | Brussels | 400 m² | 1 · 413 m² | 11.4 m · 1 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.
Structure & network
Owners and holdings
1 ownerChain of control
- COLMACHA
- GRIMOD TRAITEURS
- CUIS'ART
Highest known parent: COLMACHA. The sources do not say who stands above it.
Owners 1
- GRIMOD TRAITEURSparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEtterbeek2.096.871.467
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Of 7,501 companies in sector 56210 we hold annual accounts for 2,448. 1,886 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
Founded10-11-2000
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473249934
Registered
03-09-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.