DE POSTHOORN
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed late (57 days) Filed on 26 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00508210.
Turnover
≈ €540,000
Estimated: probably between €480,000 and €680,000
Total assets
€599,053▼ 9.0%
2023 · €658,498
Net result
-€98,355▼ 13.5%
2023 · -€86,656
Working capital
-€398,587▼ 25.0%
2023 · -€318,770
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €86,298 in 2024 against €70,670 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€86,298
2024
Net result-€98,355
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€599,053
2024
Equity-€182,549
2024
Debt€781,602
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€398,587
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-16.4%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-30.5%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.22
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)4.4
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€52,688-€39,061▼ 25.9%-€60,708€60,698-€58,306-€70,670▼ 21.2%-€86,298▼ 22.1%
Net result€30,837-€12,566▼ 59.2%-€71,871below the sector's middle half€45,802within the sector's middle half-€73,224below the sector's middle half-€86,656below the sector's middle half▼ 18.3%-€98,355below the sector's middle half▼ 13.5%
Equity€101,189-€101,755▲ 0.6%€29,884within the sector's middle half▼ 70.6%€75,686within the sector's middle half▲ 153%€2,462within the sector's middle half▼ 96.7%-€84,194below the sector's middle half-€182,549below the sector's middle half▼ 117%
Total assets€422,358-€395,996▼ 6.2%€758,014above the sector's middle half▲ 91.4%€801,706within the sector's middle half▲ 5.8%€668,512above the sector's middle half▼ 16.6%€658,498above the sector's middle half▼ 1.5%€599,053above the sector's middle half▼ 9.0%
Debt€321,170-€294,241▼ 8.4%€728,130▲ 147%€726,020▼ 0.3%€666,050▼ 8.3%€742,693▲ 11.5%€781,602▲ 5.2%
Working capital-€152,009--€151,799▲ 0.1%-€182,759below the sector's middle half▼ 20.4%-€159,116below the sector's middle half▲ 12.9%-€248,961below the sector's middle half▼ 56.5%-€318,770below the sector's middle half▼ 28.0%-€398,587below the sector's middle half▼ 25.0%
Solvency24.0%-25.7%▲ 1.7pp3.9%within the sector's middle half▼ 21.8pp9.4%within the sector's middle half▲ 5.5pp0.4%within the sector's middle half▼ 9.1pp-12.8%below the sector's middle half▼ 13.2pp-30.5%below the sector's middle half▼ 17.7pp
Current ratio0.34-0.39▲ 0.050.34below the sector's middle half▼ 0.050.55below the sector's middle half▲ 0.210.29below the sector's middle half▼ 0.260.30below the sector's middle half▲ 0.010.22below the sector's middle half▼ 0.08
Return on assets (ROA)7.3%-3.2%▼ 4.1pp-9.5%below the sector's middle half▼ 12.7pp5.7%within the sector's middle half▲ 15.2pp-11.0%below the sector's middle half▼ 16.7pp-13.2%below the sector's middle half▼ 2.2pp-16.4%below the sector's middle half▼ 3.3pp
Staff (FTE)4.1-4.7▲ 14.6%6.5within the sector's middle half▲ 38.3%7.6within the sector's middle half▲ 16.9%8.6▲ 13.2%6.2▼ 27.9%4.4▼ 29.0%
above
within
below
the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €599,053
Fixed assets
€484,110 ▼ 7.2%
Current assets
€114,943 ▼ 16.0%
Equity and liabilities
Equity-€182,549
Debt€781,602
Equity is negative: debt (€781,602) exceeds the balance-sheet total (€599,053).
Key figures and ratios
EBITDA
-€48,699▼
2023 · -€23,904
Cash flow
-€60,756▼
2023 · -€39,891
Quick ratio
0.16▼
2023 · 0.18
Interest coverage
-3.22▼
2023 · -1.32
Debt ≤ 1 year
€513,530▲
2023 · €455,560
Debt > 1 year
€268,072▼
2023 · €286,058
Income taxes
€0▲
2023 · €0
Staff costs
€234,457▼
2023 · €305,087
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €117,808 | €252,023 | €305,087 | €234,457 | ▼ 23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,936 | €48,581 | €67,931 | €57,750 | €46,492 | €46,766 | €37,599 | ▼ 19.6% |
| Other operating charges640/8 | - | - | - | €6,826 | €11,092 | €16,412 | €18,693 | ▲ 13.9% |
| Gross operating margin9900 | €281,147 | €240,164 | €144,100 | €243,082 | €251,301 | €297,595 | €204,451 | ▼ 31.3% |
| Operating profit (loss)9901 | €52,688 | €39,061 | -€60,708 | €60,698 | -€58,306 | -€70,670 | -€86,298 | ▼ 22.1% |
| Financial income75/76B | - | - | - | €547 | €68 | €2,173 | €3,045 | ▲ 40.1% |
| Recurring financial income75 | €2,762 | €160 | €8 | €547 | €68 | €2,173 | €3,045 | ▲ 40.1% |
| Financial charges65/66B | - | - | - | €15,444 | €14,986 | €18,160 | €15,101 | ▼ 16.8% |
| Recurring financial charges65 | €7,443 | €13,434 | €10,071 | €15,444 | €14,986 | €18,160 | €15,101 | ▼ 16.8% |
| Profit (loss) for the period before taxes9903 | €48,007 | €18,923 | -€70,771 | €45,802 | -€73,224 | -€86,656 | -€98,354 | ▼ 13.5% |
| Income taxes67/77 | €17,169 | €6,356 | €1,100 | - | - | €0 | €0 | ▲ 550% |
| Profit (loss) for the period9904 | €30,837 | €12,566 | -€71,871 | €45,802 | -€73,224 | -€86,656 | -€98,355 | ▼ 13.5% |
| Profit (loss) for the period to be appropriated9905 | €30,837 | €12,566 | -€71,871 | €45,802 | -€73,224 | -€86,656 | -€98,355 | ▼ 13.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €422,358 | €395,996 | €758,014 | €801,706 | €668,512 | €658,498 | €599,053 | ▼ 9.0% |
| Fixed assets21/28 | €343,850 | €300,171 | €663,744 | €605,994 | €566,935 | €521,709 | €484,110 | ▼ 7.2% |
| Intangible fixed assets21 | - | - | €812 | €631 | €451 | €270 | €89 | ▼ 66.9% |
| Tangible fixed assets22/27 | €338,978 | €294,200 | €656,961 | €599,392 | €560,512 | €515,467 | €478,049 | ▼ 7.3% |
| Land and buildings22 | - | - | - | €583,294 | €543,167 | €503,606 | €472,761 | ▼ 6.1% |
| Plant, machinery and equipment23 | - | - | - | €3,636 | €4,140 | €3,613 | €1,995 | ▼ 44.8% |
| Furniture and vehicles24 | - | - | - | €11,408 | €7,708 | €4,008 | €308 | ▼ 92.3% |
| Other tangible fixed assets26 | - | - | - | €1,053 | €5,497 | €4,241 | €2,984 | ▼ 29.6% |
| Financial fixed assets28 | €4,872 | €5,972 | €5,972 | €5,972 | €5,972 | €5,972 | €5,972 | = |
| Current assets29/58 | €78,508 | €95,825 | €94,270 | €195,712 | €101,578 | €136,790 | €114,943 | ▼ 16.0% |
| Stocks and contracts in progress3 | €23,888 | €33,311 | €33,952 | €61,640 | €48,847 | €55,080 | €30,621 | ▼ 44.4% |
| Stocks30/36 | - | - | - | €61,640 | €48,847 | €55,080 | €30,621 | ▼ 44.4% |
| Amounts receivable within one year40/41 | €20,479 | €16,020 | €44,378 | €63,612 | €37,430 | €67,282 | €53,508 | ▼ 20.5% |
| Trade receivables40 | - | - | - | €49,733 | €37,180 | €31,011 | €48,659 | ▲ 56.9% |
| Other amounts receivable41 | - | - | - | €13,879 | €250 | €36,271 | €4,850 | ▼ 86.6% |
| Cash at bank and in hand54/58 | €28,820 | €44,116 | €15,940 | €65,100 | €14,357 | €3,642 | €27,913 | ▲ 666% |
| Deferred charges and accrued income490/1 | - | - | - | €5,360 | €943 | €10,784 | €2,901 | ▼ 73.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €422,358 | €395,996 | €758,014 | €801,706 | €668,512 | €658,498 | €599,053 | ▼ 9.0% |
| Equity10/15 | €101,189 | €101,755 | €29,884 | €75,686 | €2,462 | -€84,194 | -€182,549 | ▼ 117% |
| Contributions10/11 | €37,150 | €37,150 | - | €37,150 | €37,150 | €37,150 | €37,150 | = |
| Reserves13 | €64,039 | €64,605 | €53,605 | €38,536 | €38,536 | €38,536 | €38,536 | = |
| Non-distributable reserves130/1 | - | - | - | €3,715 | €3,715 | €3,715 | €3,715 | = |
| Reserves not available under the articles1311 | - | - | - | €3,715 | €3,715 | €3,715 | €3,715 | = |
| Distributable reserves133 | - | - | - | €34,821 | €34,821 | €34,821 | €34,821 | = |
| Profit (loss) carried forward14 | - | - | -€60,871 | - | -€73,224 | -€159,880 | -€258,235 | ▼ 61.5% |
| Amounts payable17/49 | €321,170 | €294,241 | €728,130 | €726,020 | €666,050 | €742,693 | €781,602 | ▲ 5.2% |
| Amounts payable after more than one year17 | €90,652 | €46,618 | €451,101 | €371,193 | €315,511 | €286,058 | €268,072 | ▼ 6.3% |
| Financial debts170/4 | - | - | - | €371,193 | €315,511 | €286,058 | €268,072 | ▼ 6.3% |
| Amounts payable within one year42/48 | €230,517 | €247,623 | €277,029 | €354,827 | €350,539 | €455,560 | €513,530 | ▲ 12.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €75,374 | €55,681 | €29,112 | €17,985 | ▼ 38.2% |
| Financial debts43 | - | - | - | €848 | - | - | €39,558 | - |
| Credit institutions430/8 | - | - | - | €848 | - | - | €39,558 | - |
| Trade debts44 | €10,130 | €31,114 | €56,712 | €88,552 | €82,207 | €154,015 | €122,472 | ▼ 20.5% |
| Suppliers440/4 | - | - | - | €88,552 | €82,207 | €154,015 | €122,472 | ▼ 20.5% |
| Advances received on contracts in progress46 | - | - | - | €2,730 | - | €2,848 | €13,821 | ▲ 385% |
| Taxes, remuneration and social security45 | - | - | - | €18,542 | €46,106 | €103,380 | €108,824 | ▲ 5.3% |
| Taxes450/3 | - | - | - | €1,833 | €20,919 | €45,185 | €32,600 | ▼ 27.9% |
| Remuneration and social security454/9 | - | - | - | €16,709 | €25,187 | €58,195 | €76,224 | ▲ 31.0% |
| Other amounts payable47/48 | - | - | - | €168,781 | €166,544 | €166,204 | €210,869 | ▲ 26.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €1,075 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,837 | €12,566 | -€71,871 | €45,802 | -€73,224 | -€86,656 | -€98,355 | ▼ 13.5% |
| + Depreciation and write-downs630 | €70,936 | €48,581 | €67,931 | €57,750 | €46,492 | €46,766 | €37,599 | ▼ 19.6% |
| Operating cash flow (approximation) | €101,774 | €61,147 | -€3,940 | €103,552 | -€26,732 | -€39,891 | -€60,756 | ▼ 52.3% |
| Investment in fixed assets (approximation) | - | -€4,903 | -€431,504 | €0 | -€7,432 | -€1,540 | €0 | - |
| Change in cash | - | €15,296 | -€28,176 | €49,159 | -€50,743 | -€10,714 | €24,270 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 26-09-2025 | 2025-00508210 |
| 31-12-2023 | micro format | 12-12-2024 | 2024-00616473 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00386145 |
| 31-12-2021 | abbreviated format | 10-10-2022 | 2022-20456710 |
| 31-12-2020 | abbreviated format | 23-08-2021 | 2021-52700356 |
| 31-12-2019 | abbreviated format | 09-09-2020 | 2020-51900170 |
| 31-12-2018 | abbreviated format | 11-07-2019 | 2019-31500142 |
| 31-12-2017 | abbreviated format | 19-09-2018 | 2018-63400431 |
| 31-12-2016 | abbreviated format | 03-07-2017 | 2017-25600350 |
| 31-12-2015 | abbreviated format | 27-06-2016 | 2016-22300170 |
Similar companies · same sector and region
BASIL
BE 0865.047.087
Kortrijk
Café DuDu
BE 0565.921.853
Kortrijk
D'Haene Jeldrik
BE 0718.978.846
Kortrijk
DELCOL
BE 0767.368.384
Kortrijk
DEN HERT
BE 0878.522.664
Kortrijk
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 13,714 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 5,119. See the whole sector
Subsidies and aid
Flemish government
2022 · 1 entry · €86 awarded · €86 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.