CUP28
ActiveThe computed 12-month bankruptcy probability of CUP28 is 3.5% (moderate). The 2024 annual accounts show equity of €45k and a net result of €6k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 50% of 18936 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
81
/ 100
Excellent▲ +40 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+48
Solvency45▲+16
Growth22=
Stability100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.84 in 2023), and 71.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 2024Solvency, return and age of the figures
Solvency
28.5%
Return on assets
3.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
37 d early
2022
9 d late
2021
4 d late
2020
20 d late
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€255k▼ 30.7%
2019 · €368k
2019: €368k
2019 → 2020
EBIT margin
-10.6%▼ 18.8pp
2019 · 8.2%
2019: 8.2%
2019 → 2020
Net result
€6k▲ 294%
2023 · €2k
2019: €24k
2020: €-37k
2021: €4k
2022: €4k
2023: €2k
2019 → 2024
Working capital
€355
2023 · €-19k
2019: €-10k
2020: €-31k
2021: €-19k
2022: €-32k
2023: €-19k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€255k-
Equity€29k-€34k▲ 15.0%€38k▲ 11.5%€39k▲ 4.2%€45k▲ 15.7%
Operating result€-27k-€14k€11k▼ 18.5%€6k▼ 44.5%€9k▲ 50.0%
Net result€-37k-€4k€4k▼ 12.2%€2k▼ 59.6%€6k▲ 294%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 50% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159k
Fixed assets
€50k▼ 29.2%
Current assets
€110k▲ 7.9%
Equity and liabilities €159k
Equity
€45k▲ 15.7%
Debt
€114k▼ 14.1%
The debt ratio falls from 77.2% to 71.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€31k▼
2023 · €31k
Cash flow
€28k▲
2023 · €27k
Solvency
28.5%▲
2023 · 22.8%
Current ratio
1.00▲
2023 · 0.84
Quick ratio
0.95▲
2023 · 0.79
Debt / equity
2.51▼
2023 · 3.38
ROE
13.6%▲
2023 · 4.0%
ROA
3.9%▲
2023 · 0.9%
Interest coverage
29.41▲
2023 · 6.89
Debt
€114k▼
2023 · €133k
Debt ≤ 1 year
€109k▼
2023 · €121k
Debt > 1 year
€5k▼
2023 · €12k
Income taxes
€2k▲
2023 · €157
Staff costs
€186k▼
2023 · €256k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€172k€159k▼
Fixed assets21/28€70k€50k▼
Intangible fixed assets21€18k€12k▼
Tangible fixed assets22/27€45k€31k▼
Plant, machinery and equipment23€17k€10k▼
Furniture and vehicles24€8k€6k▼
Other tangible fixed assets26€21k€14k▼
Financial fixed assets28€7k€7k=
Current assets29/58€101k€110k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€82k€83k▲
Trade receivables40€82k-
Other amounts receivable41-€83k
Cash at bank and in hand54/58€14k€20k▲
Equity and liabilities
Total equity and liabilities10/49€172k€159k▼
Equity10/15€39k€45k▲
Contributions10/11€19k€19k=
Reserves13€7k€13k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€5k€12k▲
Profit (loss) carried forward14€13k€13k=
Amounts payable17/49€133k€114k▼
Amounts payable after more than one year17€12k€5k▼
Financial debts170/4€12k€5k▼
Amounts payable within one year42/48€121k€109k▼
Current portion of amounts payable after more than one year42€7k€11k▲
Trade debts44€22k€28k▲
Suppliers440/4€22k€28k▲
Taxes, remuneration and social security45€31k€15k▼
Taxes450/3€11k€4k▼
Remuneration and social security454/9€20k€11k▼
Other amounts payable47/48€61k€55k▼
Income statement
Code20232024
Remuneration, social security and pensions62€256k€186k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€22k▼
Other operating charges640/8€7k€989▼
Gross operating margin9900€294k€219k▼
Operating profit (loss)9901€6k€9k▲
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€2k€8k▲
Income taxes67/77€157€2k▲
Profit (loss) for the period9904€2k€6k▲
Profit (loss) for the period to be appropriated9905€2k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€20k▲
Profit (loss) brought forward from the previous period14P€13k€13k=
Transfer to equity691/2€2k€6k▲
To other reserves6921€2k€6k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €-37k ▼255%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2016
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.
Baljuwstraat 341000 BrusselGround area
152 m²
Building footprint
94 m²
Volume, LiDAR
1,215 m³
Parcel 21807G0117/00A003, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CUP 28
since 20162.254.742.432
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0117/00A003 | Brussels | 152 m² | 1 · 94 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 siteBrussel2.254.742.432
Similar companies · same sector, comparable size
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BE 0518.882.593
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CAFE DE BRUNO
BE 1004.999.083
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Papa Jos
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Antwerpen · Eq €45k
Of 13,838 companies in sector 56301 we hold annual accounts for 4,809. 4,018 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2016
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.