DE AFFAIRE

Active

Private limited companyfounded 20233 yrs activeZingemkouterstraat 67, 9040 Gent, BelgiumKBO/BCE: BE 0803.774.266

The computed 12-month bankruptcy probability of DE AFFAIRE is 6.2% (elevated). The 2024 annual accounts show equity of €55k and a net result of €56k. Its solvency ranks better than 60% of 18939 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+89

Solvency66▲+40

Growth78

Track record94

Bankruptcy probability, 12 months

6.2% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days only on tighter terms

Liquidity tight (current ratio 1.11 against 0.28 in 2023; short-term debt: 59.4% and cash: 59.7% of total assets), and 59.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

35 d early

2023

33 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€55k▲ 13,198%

2023 · €413

2023: €413

2023 → 2024

Total assets

€135k▲ 84.2%

2023 · €73k

2023: €73k

2023 → 2024

Net result

€56k

2023 · €-5k

2023: €-5k

2023 → 2024

Working capital

€9k

2023 · €-53k

2023: €-53k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€413-€55k▲ 13,198%

Operating result€-6k-€79k

Net result€-5k-€56k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €79k after a loss of €6k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €133k

33.3%

66.7%

Fixed assets €44k▼ 12.7%

Current assets €89k▲ 340%

Equity and liabilities €135k

40.6%

59.4%

Equity €55k▲ 13,198%

Debt €80k▲ 10.0%

The debt ratio falls from 99.4% to 59.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€86k▲

2023 · €-3k

Cash flow

€64k▲

2023 · €-2k

Solvency

40.6%▲

2023 · 0.6%

Current ratio

1.11▲

2023 · 0.28

Quick ratio

1.02▲

2023 · 0.19

Debt / equity

1.46

ROE

102.4%

ROA

41.6%▲

2023 · -6.3%

Interest coverage

63.22▲

2023 · -44.77

Debt

€80k▲

2023 · €73k

Debt ≤ 1 year

€80k▲

2023 · €73k

Income taxes

€21k▲

2023 · €27

Staff costs

€4k

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€73k€135k▲

Formation expenses20€2k€2k▼

Fixed assets21/28€51k€44k▼

Tangible fixed assets22/27€51k€44k▼

Plant, machinery and equipment23€18k€15k▼

Furniture and vehicles24€3k€3k▼

Other tangible fixed assets26€29k€26k▼

Current assets29/58€20k€89k▲

Stocks and contracts in progress3€7k€7k▲

Stocks30/36€7k€7k▲

Amounts receivable within one year40/41€510€656▲

Other amounts receivable41€510€656▲

Current investments50/53€3k€0▼

Cash at bank and in hand54/58€10k€81k▲

Deferred charges and accrued income490/1€364€545▲

Equity and liabilities

Total equity and liabilities10/49€73k€135k▲

Equity10/15€413€55k▲

Contributions10/11€5k€5k=

Reserves13-€50k

Distributable reserves133-€50k

Profit (loss) carried forward14€-5k€0▲

Amounts payable17/49€73k€80k▲

Amounts payable within one year42/48€73k€80k▲

Financial debts43-€6k

Credit institutions430/8-€335

Other loans439-€6k

Trade debts44€7k€8k▲

Suppliers440/4€7k€8k▲

Taxes, remuneration and social security45€695€10k▲

Taxes450/3€695€10k▲

Remuneration and social security454/9-€521

Other amounts payable47/48€66k€56k▼

Income statement Code20232024

Non-recurring operating income76A-€173

Remuneration, social security and pensions62-€4k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲

Other operating charges640/8€554€5k▲

Non-recurring operating charges66A-€225

Gross operating margin9900€-3k€95k▲

Operating profit (loss)9901€-6k€79k▲

Financial income75/76B€1k€175▼

Recurring financial income75€1k€175▼

Financial charges65/66B€76€1k▲

Recurring financial charges65€76€1k▲

Profit (loss) for the period before taxes9903€-5k€78k▲

Income taxes67/77€27€21k▲

Profit (loss) for the period9904€-5k€56k▲

Profit (loss) for the period to be appropriated9905€-5k€56k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-5k€52k▲

Profit (loss) brought forward from the previous period14P-€-5k

Transfer to equity691/2-€50k

To other reserves6921-€50k

Profit to be distributed694/7-€2k

Return on contributions (dividend)694-€2k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 2Filings 2

2025

26-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €56k

Net result €56k after one loss-making year.

31-12

Financial Liquidity quadruplescurrent ratio 1.11

Current ratio from 0.28 to 1.11.

28-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Gent · 2 establishment units since 2023

establishment All 2 establishment units on the map

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.

Zingemkouterstraat 679040 Gent

Ground area

669 m²

Building footprint

455 m²

Volume, LiDAR

5,226 m³

3 parcels, Flanders · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.

2 establishment units

The Mistress

Baudelostraat 37, 9000 GentFull-service restaurants

since 20232.338.602.989

Sint-Jacobsnieuwstraat 83, 9000 Gent

Full-service restaurants

since 20252.375.742.608

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44061B0211/00M002	Flanders	410 m²	1 · 207 m²	10.8 m · 3 fl.
44802B1272/00X000	Flanders	213 m²	1 · 202 m²	18.6 m · 5 fl.
44802B0238/00H000	Flanders	46 m²	1 · 46 m²	16.6 m · 5 fl.