DEMO
ActiveDEMO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €553k and a net result of €90k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 71% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+1
Solvency76▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.86 in 2023; short-term debt: 28.3% and cash: 17.1% of total assets), and 49.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
31 d early
2022
29 d early
2021
27 d early
2020
39 d early
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€553k▲ 11.6%
2023 · €495k
2018: €209k
2019: €269k
2020: €282k
2021: €409k
2022: €420k
2023: €495k
2018 → 2024
Total assets
€1.09M▲ 8.3%
2023 · €1.00M
2018: €1.02M
2019: €1.01M
2020: €918k
2021: €1.06M
2022: €1.01M
2023: €1.00M
2018 → 2024
Net result
€90k▲ 19.7%
2023 · €75k
2018: €41k
2019: €53k
2020: €13k
2021: €127k
2022: €11k
2023: €75k
2018 → 2024
Working capital
€-38k▲ 2.4%
2023 · €-38k
2018: €-203k
2019: €-141k
2020: €-2k
2021: €56k
2022: €9k
2023: €-38k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€282k-€409k▲ 45.0%€420k▲ 2.6%€495k▲ 17.9%€553k▲ 11.6%
Operating result€45k-€182k▲ 308%€47k▼ 73.9%€133k▲ 181%€146k▲ 9.7%
Net result€13k-€127k▲ 876%€11k▼ 91.5%€75k▲ 595%€90k▲ 19.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 10% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.09M
Fixed assets
€816k▲ 5.8%
Current assets
€270k▲ 16.8%
Equity and liabilities €1.09M
Equity
€553k▲ 11.6%
Debt
€533k▲ 5.1%
The debt ratio falls from 50.6% to 49.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€204k▲
2023 · €184k
Cash flow
€147k▲
2023 · €126k
Solvency
50.9%▲
2023 · 49.4%
Current ratio
0.88▲
2023 · 0.86
Quick ratio
0.68▲
2023 · 0.67
Debt / equity
0.96▼
2023 · 1.02
ROE
16.3%▲
2023 · 15.2%
ROA
8.3%▲
2023 · 7.5%
Interest coverage
9.26▲
2023 · 6.98
Debt
€533k▲
2023 · €507k
Debt ≤ 1 year
€308k▲
2023 · €270k
Debt > 1 year
€225k▼
2023 · €238k
Income taxes
€38k▲
2023 · €36k
Staff costs
€1.01M▲
2023 · €964k
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€1.00M€1.09M▲
Fixed assets21/28€771k€816k▲
Tangible fixed assets22/27€670k€711k▲
Land and buildings22€585k€649k▲
Plant, machinery and equipment23€81k€59k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€670€335▼
Financial fixed assets28€102k€105k▲
Current assets29/58€231k€270k▲
Stocks and contracts in progress3€51k€62k▲
Stocks30/36€51k€62k▲
Amounts receivable within one year40/41€9k€23k▲
Trade receivables40€9k€23k▲
Cash at bank and in hand54/58€171k€185k▲
Equity and liabilities
Total equity and liabilities10/49€1.00M€1.09M▲
Equity10/15€495k€553k▲
Contributions10/11€20k€20k=
Reserves13€475k€533k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€457k€514k▲
Amounts payable17/49€507k€533k▲
Amounts payable after more than one year17€238k€225k▼
Financial debts170/4€238k€225k▼
Amounts payable within one year42/48€270k€308k▲
Current portion of amounts payable after more than one year42€53k€96k▲
Trade debts44€33k€50k▲
Suppliers440/4€33k€50k▲
Taxes, remuneration and social security45€178k€155k▼
Taxes450/3€66k€29k▼
Remuneration and social security454/9€111k€126k▲
Other amounts payable47/48€6k€7k▲
Accrued charges and deferred income492/3-€362
Income statement
Code20232024
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€964k€1.01M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€58k▲
Other operating charges640/8€7k€4k▼
Non-recurring operating charges66A-€306
Gross operating margin9900€1.16M€1.21M▲
Operating profit (loss)9901€133k€146k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€26k€22k▼
Recurring financial charges65€26k€22k▼
Profit (loss) for the period before taxes9903€111k€128k▲
Income taxes67/77€36k€38k▲
Profit (loss) for the period9904€75k€90k▲
Profit (loss) for the period to be appropriated9905€75k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€90k▲
Transfer from equity791/2-€32k
Transfer to equity691/2€75k€90k▲
To other reserves6921€75k€90k▲
Profit to be distributed694/7-€32k
Return on contributions (dividend)694-€32k
Social balance
Average headcount (FTE)908725.825.3▼
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
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €553k ▲11.6%
7 profitable years in a row build equity to €553k.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €11k ▼91.5%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €127k ▲876%
Operating result €182k, net result €127k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Hasselt · 1 establishment unit since 2004
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.
Sint-Jozefsplein 133511 HasseltGround area
331 m²
Building footprint
210 m²
Volume, LiDAR
1,130 m³
Parcel 71483E0289/00W000, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
De Stroobander
since 20042.192.901.566
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71483E0289/00W000 | Flanders | 331 m² | 1 · 210 m² | 9.8 m · 1 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 siteHasselt2.192.901.566
Dual-learning approval
9 endedSimilar companies · same sector, comparable size
THE BOTANIST
BE 0690.980.290
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DE TWEE WIJZEN
BE 0799.669.978
Kortrijk · Eq €553k
CARPE DIEM HENA
BE 0863.450.448
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STELLA d'ORO
BE 0767.927.026
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BELFO
BE 0678.818.965
Lokeren · Eq €551k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 4,175 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2004
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
55302
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.