DE MERODE · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DE MERODE is 2.0% (moderate). The 2023 annual accounts show equity of €244k and a net result of €25k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 4885 sector peers (fiscal year 2023). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2022 and 2023).

View the result trend

Growing equity

Equity grew over 2021-2023. 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

Annual accounts not filed

The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 398 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-07-2025, 343 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

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 31-12-2023, that is 31-07-2024.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not confirmed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	09-07-2025	343 d late	2025-00259835
31-12-2022	31-07-2023	31-08-2023	31 d late	2023-00441235
31-12-2021	31-07-2022	13-06-2023	317 d late	2023-00141101
31-12-2020	31-07-2021	28-07-2021	3 d early	2021-43800286
31-12-2019	31-07-2020	10-09-2020	41 d late	2020-52400213
31-12-2018	31-07-2019	31-07-2019	on the day	2019-44100069
31-12-2017	31-07-2018	26-07-2018	5 d early	2018-40400042
31-12-2016	31-07-2017	24-07-2017	7 d early	2017-37900009
31-12-2015	31-07-2016	19-07-2016	12 d early	2016-33400463
31-12-2014	31-07-2015	31-08-2015	31 d late	2015-56600270

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. 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

Established

Founded in 2012, 14 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

2.0% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: weaker financial profile +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 (micro schema)

EBIT marginNot published (micro schema)

Net result€25k-52.8%

Working capital€148k+41.1%

CSV export

Annual accounts & ratios

Source: NBB · 2023

Annual accounts filed on 09-07-2025 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Trajectory (indicative)

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

declining At this pace, net result would indicatively turn negative around fiscal year 2025, 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 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	42.4%	16.6%	better than 73% of 4885 sector peers
Net result	€25k	€2k	better than 82% of 4875 sector peers
Equity	€244k	€11k	better than 95% of 4900 sector peers
Gross operating margin	€142k	€41k	better than 80% of 4858 sector peers
Staff costs	€60k	€47k	higher than 57% of 3470 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 P73

Stable position over 2021-2023 · n=2241-4885

Net result P82

Improving position over 2021-2023 · n=2236-4875

Equity P95

Stable position over 2021-2023 · n=2248-4900

Gross operating margin P80

Stable position over 2021-2023 · n=2223-4858

Describes the position versus peers, not a forecast.

EBITDA

€75k

-25.4% 18-23

Net profit

€25k

-52.8% 18-23

Cash flow

€67k

-30.4% 18-23

Total assets

€574k

+52.6% 18-23

Equity

€244k

+10.6% 18-23

Working capital

€148k

+41.1% 18-23

Employees (FTE)

3

-20.6% 18-23

Staff costs

€60k

-31.2% 18-23

Show 12 other metrics

Income taxes

€10k

+4.4% 18-23

Dividends

€0

- 18-23

Debt

€331k

+112.0% 18-23

Debt ≤ 1y

€282k

+227.2% 18-23

Debt > 1y

€48k

-30.6% 18-23

Current ratio

1.53

-31.2% 18-23

Quick ratio

1.44

-25.9% 18-23

Solvency

42.4%

-27.5% 18-23

Debt / equity

1.36

+91.7% 18-23

ROE

10.4%

-57.3% 18-23

ROA

4.4%

-69.1% 18-23

Interest coverage

17.32

-43.5% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€75k
Net profit	€25k
Cash flow	€67k
Staff costs	€60k
Income taxes	€10k
Dividends	-
Total assets	€574k
Equity	€244k
Debt	€331k
of which ≤ 1y	€282k
of which > 1y	€48k
Working capital	€148k
Employees (FTE)	2.7

Ratios (computed)

	2023
Current ratio	1.53
Quick ratio	1.44
Working capital ratio	25.9%
Solvency	42.4%
Debt / equity	1.36
Long-term debt ratio	0.20
Interest coverage	17.32
Gross margin	-
Net margin	-
ROA	4.4%
ROE	10.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €144k · 25.0% Current assets €431k · 75.0%

Equity & liabilities

Equity €244k · 42.4% Debt €331k · 57.6%

Full annual accounts (24 line items)

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

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€574k
Fixed assets	21/28	€144k
Tangible fixed assets	22/27	€144k
Current assets	29/58	€431k
Stocks & contracts in progress	3	€24k
Amounts receivable within one year	40/41	€179k
Cash & bank	54/58	€13k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€574k
Equity	10/15	€244k
Contributions / capital	10/11	€13k
Reserves	13	€138k
Accumulated profits (losses)	14	€93k
Amounts payable	17/49	€331k
Amounts payable after one year	17	€48k
Amounts payable within one year	42/48	€282k
Trade debts payable within one year	44	€198k
Income statement
Gross operating margin	9900	€142k
Operating result	9901	€33k
Financial income	75	€6k
Financial charges	65	€4k
Result before taxes	9903	€35k
Income taxes	67/77	€10k
Net result for the period	9904	€25k
Result to be appropriated	9905	€25k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2023 · computed

86 / 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.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

under verification

4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Directors derived from a single State Gazette act, under verification

All 3 current directors first appear in the same act (24303628). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

De Witte Yannick
Director
State Gazette act 24303628 (03-01-2024)

Current
03-01-2024 → present
2 events
- 03-01-2024 Resigned· Director
- 03-01-2024 Appointed· Director
Jouhri Mohamed
Director
State Gazette act 24303628 (03-01-2024)

Current
03-01-2024 → present
2 events
- 03-01-2024 Resigned· Director
- 03-01-2024 Appointed· Director
LOCQUET Suzanna Maria
Director
State Gazette act 24303628 (03-01-2024)

Current
03-01-2024 → present
2 events
- 03-01-2024 Resigned· Director
- 03-01-2024 Appointed· Director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Cafés en bars(56301)
Legal form	Private limited company(610)
Incorporation	31-01-2012
Status	Active
Postal code	2600

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

2 companies at this address See who is registered here

Establishment units

1 location

De Merode

Grotesteenweg 31, 2600 AntwerpenEetgelegenheden met volledige bediening

since 20122.234.433.107

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

Parcels1

Ground area77 m²

Buildings1

Building footprint78 m²

Volume (LiDAR)953 m³

Tallest building15.0 m · ±5 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.

Flanders 1 (100%)