DE CASTILLION
ActiveDE CASTILLION has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €547k and a net result of €-140k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-28
Solvency46▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.34 in 2024; short-term debt: 13.3% and cash: 6.8% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
13 d early
2023
27 d early
2022
27 d early
2021
12 d early
2020
11 d late
2019
11 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€547k▼ 20.3%
2024 · €687k
2018: €393k
2019: €429k
2020: €83k
2021: €63k
2022: €334k
2023: €564k
2024: €687k
2018 → 2025
Total assets
€2.58M▼ 12.5%
2024 · €2.95M
2018: €2.67M
2019: €2.53M
2020: €2.44M
2021: €2.28M
2022: €2.29M
2023: €2.32M
2024: €2.95M
2018 → 2025
Net result
€-140k
2024 · €122k
2018: €71k
2019: €36k
2020: €-345k
2021: €-20k
2022: €272k
2023: €230k
2024: €122k
2018 → 2025
Working capital
€-50k
2024 · €127k
2018: €-296k
2019: €-192k
2020: €-377k
2021: €-326k
2022: €27k
2023: €312k
2024: €127k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€334k▲ 432%€564k▲ 68.8%€687k▲ 21.7%€547k▼ 20.3%
Operating result€11k-€303k▲ 2,535%€315k▲ 4.1%€235k▼ 25.5%€-91k
Net result€-20k-€272k€230k▼ 15.3%€122k▼ 46.8%€-140k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €91k after €235k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.58M
Fixed assets
€2.29M▼ 6.8%
Current assets
€294k▼ 40.9%
Equity and liabilities €2.58M
Equity
€547k▼ 20.3%
Provisions
€54k▼ 15.5%
Debt
€1.98M▼ 10.0%
The debt ratio rises from 74.6% to 76.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€241k▼
2024 · €554k
Cash flow
€192k▼
2024 · €441k
Solvency
21.2%▼
2024 · 23.3%
Current ratio
0.85▼
2024 · 1.34
Quick ratio
0.85▼
2024 · 1.34
Debt / equity
3.62▲
2024 · 3.20
ROE
-25.5%▼
2024 · 17.8%
ROA
-5.4%▼
2024 · 4.1%
Interest coverage
4.06▼
2024 · 9.23
Debt
€1.98M▼
2024 · €2.20M
Debt ≤ 1 year
€344k▼
2024 · €371k
Debt > 1 year
€1.64M▼
2024 · €1.83M
Income taxes
€1k▼
2024 · €68k
Staff costs
€239k▲
2024 · €148k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.95M€2.58M▼
Fixed assets21/28€2.45M€2.29M▼
Tangible fixed assets22/27€2.44M€2.28M▼
Land and buildings22€2.33M€2.11M▼
Plant, machinery and equipment23€89k€126k▲
Furniture and vehicles24€21k€41k▲
Leasing and similar rights25€4k€802▼
Financial fixed assets28€9k€9k=
Current assets29/58€498k€294k▼
Amounts receivable within one year40/41€6k€114k▲
Trade receivables40€6k€8k▲
Other amounts receivable41€246€106k▲
Cash at bank and in hand54/58€485k€176k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€2.95M€2.58M▼
Equity10/15€687k€547k▼
Contributions10/11€460k€460k=
Revaluation surpluses12€78k€78k=
Reserves13€1.92M€1.90M▼
Non-distributable reserves130/1€1.47M€1.47M=
Reserves not available under the articles1311€1.47M€0▼
Other1319-€1.47M
Tax-exempt reserves132€124k€105k▼
Distributable reserves133€321k€321k=
Profit (loss) carried forward14€-1.77M€-1.89M▼
Provisions and deferred taxes16€64k€54k▼
Deferred taxes168€64k€54k▼
Amounts payable17/49€2.20M€1.98M▼
Amounts payable after more than one year17€1.83M€1.64M▼
Financial debts170/4€1.83M€1.64M▼
Amounts payable within one year42/48€371k€344k▼
Current portion of amounts payable after more than one year42€209k€240k▲
Trade debts44€33k€28k▼
Suppliers440/4€33k€28k▼
Taxes, remuneration and social security45€117k€75k▼
Taxes450/3€99k€38k▼
Remuneration and social security454/9€18k€37k▲
Other amounts payable47/48€12k€994▼
Income statement
Code20242025
Remuneration, social security and pensions62€148k€239k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€319k€332k▲
Other operating charges640/8€43k€43k▲
Gross operating margin9900€745k€522k▼
Operating profit (loss)9901€235k€-91k▼
Financial income75/76B€6k€2k▼
Recurring financial income75€6k€2k▼
Financial charges65/66B€60k€59k▼
Recurring financial charges65€60k€59k▼
Profit (loss) for the period before taxes9903€180k€-148k▼
Transfer from deferred taxes780€10k€10k=
Income taxes67/77€68k€1k▼
Profit (loss) for the period9904€122k€-140k▼
Transfer from tax-exempt reserves789€19k€19k=
Profit (loss) for the period to be appropriated9905€142k€-120k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.64M€-1.89M▼
Profit (loss) brought forward from the previous period14P€-1.78M€-1.77M▲
Transfer to equity691/2€135k€0▼
To other reserves6921€135k€0▼
Social balance
Average headcount (FTE)90873.25.2▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €564k ▲68.8%
2 profitable years in a row build equity to €564k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €272k
Net result €272k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.07
Current ratio from 0.28 to 1.07; short-term debt falls from €451k to €366k.
31-12
Financial
Equity above €200kEq €334k ▲432%
Equity rises from €63k to €334k.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
31-12
Financial
Weakest financial yearnet €-345k ▼1065%
Net result drops to €-345k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brugge · 3 establishment units since 1987
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.
Heilige-Geeststraat 18000 BruggeGround area
3,264 m²
Building footprint
945 m²
Volume, LiDAR
7,288 m³
3 parcels, Flanders · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
DE CASTILLION-RESTAURANT
since 19872.033.637.266
Le Manoir Quatre Saisons
since 20032.134.989.301
Riche Terre
since 20242.356.763.468
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026D0235/00H000 | Flanders | 1,455 m² | 1 · 211 m² | 9.3 m · 2 fl. |
| 31026D0234/00L000 | Flanders | 928 m² | 1 · 204 m² | 9.1 m · 2 fl. |
| 31803C1180/00F000 | Flanders | 881 m² | 1 · 529 m² | 14.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.033.637.266
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Of 2,395 companies in sector 55100 we hold annual accounts for 1,516. 1,089 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-1987
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55101Hotels
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesWebsite:www.richeterre.be
E-mail:christiaens.marc@telenet.be
E-mail:info@richeterre.be
Phone:0499706961