CUIS'ART · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CUIS'ART is 2.2% (moderate). The 2024 annual accounts show equity of €177k and a net result of €152k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 331 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	30-06-2025	31 d early	2025-00210861
31-12-2023	31-07-2024	17-07-2024	14 d early	2024-00270624
31-12-2022	31-07-2023	15-06-2023	46 d early	2023-00144999
31-12-2021	31-07-2022	19-07-2022	12 d early	2022-20207534
31-12-2020	31-07-2021	26-07-2021	5 d early	2021-39700540
31-12-2019	31-07-2020	12-08-2020	12 d late	2020-41800154
31-12-2018	31-07-2019	28-08-2019	28 d late	2019-58200385
31-12-2017	31-07-2018	21-08-2018	21 d late	2018-48400200
31-12-2016	31-07-2017	16-08-2017	16 d late	2017-44000283
31-12-2015	31-07-2016	18-07-2016	13 d early	2016-31900192

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2000, 25 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.2% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Higher-failure-rate region +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€152k+12.2%

Working capital€305k-6.3%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · volledig

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~38.7%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

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).

Sector comparison

Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	25.9%	11.6%	better than 68% of 331 sector peers
Net result	€152k	€2k	better than 93% of 331 sector peers
Equity	€177k	€17k	better than 82% of 331 sector peers
Gross operating margin	€991k	€184k	better than 91% of 321 sector peers
Staff costs	€757k	€219k	higher than 89% of 275 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P68

Improving position over 2020-2024 · n=184-331

Net result P93

Improving position over 2020-2024 · n=182-331

Equity P82

Improving position over 2020-2024 · n=186-331

Gross operating margin P91

Improving position over 2020-2024 · n=169-321

Describes the position versus peers, not a forecast.

EBITDA

€229k

+7.7% 18-24

Net profit

€152k

+12.2% 18-24

Cash flow

€161k

+5.1% 18-24

Total assets

€686k

+17.8% 18-24

Equity

€177k

+1.3% 18-24

Working capital

€305k

-6.3% 18-24

Employees (FTE)

20

+1.5% 18-24

Staff costs

€757k

+5.5% 18-24

Income taxes

€60k

+18.4% 18-24

Dividends

€150k

- 18-24

Debt

€508k

+24.9% 18-24

Debt ≤ 1y

€358k

+81.3% 18-24

Debt > 1y

€150k

-28.3% 18-24

Current ratio

1.85

-30.1% 18-24

Quick ratio

1.83

-29.9% 18-24

Solvency

25.9%

-14.0% 18-24

Debt / equity

2.86

+23.3% 18-24

ROE

85.9%

+10.8% 18-24

ROA

22.2%

-4.7% 18-24

Interest coverage

24.47

+2.3% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	-
EBITDA	€229k
Net profit	€152k
Cash flow	€161k
Staff costs	€757k
Income taxes	€60k
Dividends	€150k
Total assets	€686k
Equity	€177k
Debt	€508k
of which ≤ 1y	€358k
of which > 1y	€150k
Working capital	€305k
Employees (FTE)	20.3

Ratios (computed)

	2024
Current ratio	1.85
Quick ratio	1.83
Working capital ratio	44.5%
Solvency	25.9%
Debt / equity	2.86
Long-term debt ratio	0.85
Interest coverage	24.47
Gross margin	-
Net margin	-
ROA	22.2%
ROE	85.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €22k · 3.3% Current assets €663k · 96.8%

Equity & liabilities

Equity €177k · 25.9% Debt €508k · 74.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€686k
Fixed assets	21/28	€22k
Intangible fixed assets	21	€915
Tangible fixed assets	22/27	€21k
Financial fixed assets	28	€300
Current assets	29/58	€663k
Stocks & contracts in progress	3	€7k
Amounts receivable within one year	40/41	€376k
Cash & bank	54/58	€274k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€686k
Equity	10/15	€177k
Contributions / capital	10/11	€120k
Reserves	13	€28k
Accumulated profits (losses)	14	€29k
Amounts payable	17/49	€508k
Amounts payable after one year	17	€150k
Amounts payable within one year	42/48	€358k
Trade debts payable within one year	44	€74k
Income statement
Gross operating margin	9900	€991k
Operating result	9901	€220k
Financial income	75	€2k
Financial charges	65	€9k
Result before taxes	9903	€212k
Income taxes	67/77	€60k
Net result for the period	9904	€152k
Result to be appropriated	9905	€152k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

91 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Grote Haagstraat 971040 Etterbeek

Establishment units

1 location

TRAITEUR VINCENT DEHAENE

Grote Haagstraat 97, 1040 Etterbeekproductie van verse kant- en klaarmaaltijden die vlees bevatten.

since 20002.096.871.467

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area400 m²

Buildings1

Building footprint413 m²

Volume (LiDAR)1,957 m³

Tallest building11.4 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21362B0244/00X006	Brussels	400 m²	1 · 413 m²	11.4 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

85 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 91

Profitability 100

Solvency 58

Growth 78

Stability 100

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