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Dirk 5

Active
Private limited companyfounded 20206 yrs activeAntwerpsestraat 84, 2640 Mortsel, BelgiumKBO/BCE: BE 0753.391.278
Summary

The computed 12-month bankruptcy probability of Dirk 5 is 6.6% (elevated). The 2024 annual accounts show equity of €36k and a net result of €14k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 18936 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability78▲+8
Solvency45▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.44 against 0.35 in 2023; short-term debt: 50.7% and cash: 0.5% of total assets), and 79.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
20.3%
Return on assets
7.8%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
26 d late
2023
27 d early
2022
24 d early
2021
30 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

Dirk 5 was incorporated on 27 August 2020 as a Private limited company.1 Total assets rose from EUR 63,308 in 2021 to EUR 179,642 in 2024 and headcount from 4.4 to 12.1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

Financials · fiscal year 2024, micro schema

Equity
€36k▲ 62.2%
2023 · €22k
Total assets
€180k▲ 95.0%
2023 · €92k
Net result
€14k▲ 1,249%
2023 · €1k
Working capital
€-51k▼ 13.9%
2023 · €-45k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€17k-€2k▼ 87.8%€3k▲ 27.0%€16k▲ 497%
Net result€17k-€444▼ 97.4%€1k▲ 133%€14k▲ 1,249%
Equity€21k-€21k▲ 2.1%€22k▲ 4.8%€36k▲ 62.2%
Total assets€63k-€113k▲ 78.8%€92k▼ 18.6%€180k▲ 95.0%
Debt€42k-€92k▲ 117%€70k▼ 24.1%€143k▲ 106%
Working capital€-41k-€-58k▼ 42.2%€-45k▲ 22.4%€-51k▼ 13.9%
Staff (FTE)4.4-5.7▲ 29.5%9.6▲ 68.4%12.1▲ 26.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2021: €17k€17kNet result 2021: €17k€17kOperating result 2022: €2k€2kNet result 2022: €444€444Operating result 2023: €3k€3kNet result 2023: €1k€1kOperating result 2024: €16k€16kNet result 2024: €14k€14k2021202220232024€0€5k€10k€15kOperating result 2022: €2k€2.1kNet result 2022: €444€444Operating result 2023: €3k€2.6kNet result 2023: €1k€1kOperating result 2024: €16k€16kNet result 2024: €14k€14k202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 497% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180k
Fixed assets €140k ▲ 107%
Current assets €40k ▲ 61.3%
Equity and liabilities €180k
Equity €36k ▲ 62.2%
Debt €143k ▲ 106%
Debt's share of the balance-sheet total rises from 75.6% to 79.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€44k▲
2023 · €30k
Cash flow
€43k▲
2023 · €28k
Current ratio
0.44▲
2023 · 0.35
Quick ratio
0.01▼
2023 · 0.17
Debt to equity
3.93▲
2023 · 3.10
ROE
38.4%▲
2023 · 4.6%
ROA
7.8%▲
2023 · 1.1%
Interest coverage
51.96▲
2023 · 14.32
Debt ≤ 1 year
€91k▲
2023 · €70k
Debt > 1 year
€52k
Income taxes
€934
Staff costs
€209k▲
2023 · €151k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€92k€180k▲
Fixed assets21/28€67k€140k▲
Intangible fixed assets21€25k€9k▼
Tangible fixed assets22/27€42k€120k▲
Plant, machinery and equipment23€39k€108k▲
Furniture and vehicles24€3k€11k▲
Financial fixed assets28-€11k
Current assets29/58€25k€40k▲
Stocks and contracts in progress3€13k€39k▲
Stocks30/36€13k€39k▲
Amounts receivable within one year40/41€9k€0▼
Trade receivables40€9k€0▼
Cash at bank and in hand54/58€2k€821▼
Equity and liabilities
Total equity and liabilities10/49€92k€180k▲
Equity10/15€22k€36k▲
Contributions10/11€4k€4k=
Reserves13€18k€32k▲
Distributable reserves133€18k€32k▲
Amounts payable17/49€70k€143k▲
Amounts payable after more than one year17-€52k
Financial debts170/4-€52k
Amounts payable within one year42/48€70k€91k▲
Current portion of amounts payable after more than one year42-€10k
Trade debts44€28k€35k▲
Suppliers440/4€28k€35k▲
Taxes, remuneration and social security45€41k€46k▲
Taxes450/3€22k€14k▼
Remuneration and social security454/9€19k€32k▲
Income statement Code20232024
Remuneration, social security and pensions62€151k€209k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€29k▲
Other operating charges640/8€982€4k▲
Gross operating margin9900€182k€257k▲
Operating profit (loss)9901€3k€16k▲
Financial income75/76B€464€0▼
Recurring financial income75€464€0▼
Financial charges65/66B€2k€854▼
Recurring financial charges65€2k€854▼
Profit (loss) for the period before taxes9903€1k€15k▲
Income taxes67/77-€934
Profit (loss) for the period9904€1k€14k▲
Profit (loss) for the period to be appropriated9905€1k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€14k▲
Transfer to equity691/2€1k€14k▲
To the legal reserve6920€1k-
To other reserves6921-€14k

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Non-recurring operating income76A€21k----
Remuneration, social security and pensions62€50k€63k€151k€209k▲ 38.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€19k€27k€29k▲ 6.1%
Other operating charges640/8€623€1k€982€4k▲ 257%
Gross operating margin9900€91k€85k€182k€257k▲ 41.4%
Operating profit (loss)9901€17k€2k€3k€16k▲ 497%
Financial income75/76B€8€1€464€0▼ 100%
Recurring financial income75€8€1€464€0▼ 100%
Financial charges65/66B€138€2k€2k€854▼ 58.7%
Recurring financial charges65€138€2k€2k€854▼ 58.7%
Profit (loss) for the period before taxes9903€17k€444€1k€15k▲ 1,339%
Income taxes67/77---€934-
Profit (loss) for the period9904€17k€444€1k€14k▲ 1,249%
Profit (loss) for the period to be appropriated9905€17k€444€1k€14k▲ 1,249%
Line2021202220232024Change
Assets
Total assets20/58€63k€113k€92k€180k▲ 95.0%
Formation expenses20€57k----
Fixed assets21/28€4k€79k€67k€140k▲ 107%
Intangible fixed assets21-€41k€25k€9k▼ 63.2%
Tangible fixed assets22/27€4k€38k€42k€120k▲ 184%
Plant, machinery and equipment23€4k€34k€39k€108k▲ 178%
Furniture and vehicles24-€4k€3k€11k▲ 258%
Leasing and similar rights25€788€338---
Financial fixed assets28---€11k-
Current assets29/58€2k€34k€25k€40k▲ 61.3%
Stocks and contracts in progress3€1k€5k€13k€39k▲ 201%
Stocks30/36€1k€5k€13k€39k▲ 201%
Amounts receivable within one year40/41-€27k€9k€0▼ 100%
Trade receivables40-€27k€9k€0▼ 100%
Cash at bank and in hand54/58€610€2k€2k€821▼ 63.8%
Equity and liabilities
Total equity and liabilities10/49€63k€113k€92k€180k▲ 95.0%
Equity10/15€21k€21k€22k€36k▲ 62.2%
Contributions10/11€4k€4k€4k€4k=
Reserves13€17k€17k€18k€32k▲ 75.7%
Distributable reserves133€17k€17k€18k€32k▲ 75.7%
Amounts payable17/49€42k€92k€70k€143k▲ 106%
Amounts payable after more than one year17---€52k-
Financial debts170/4---€52k-
Amounts payable within one year42/48€42k€92k€70k€91k▲ 30.7%
Current portion of amounts payable after more than one year42---€10k-
Financial debts43-€19k---
Other loans439-€19k---
Trade debts44€34k€60k€28k€35k▲ 21.9%
Suppliers440/4€34k€60k€28k€35k▲ 21.9%
Taxes, remuneration and social security45€8k€13k€41k€46k▲ 12.3%
Taxes450/3€2k€6k€22k€14k▼ 37.4%
Remuneration and social security454/9€6k€7k€19k€32k▲ 70.3%
Line2021202220232024Change
Profit (loss) for the period9904€17k€444€1k€14k▲ 1,249%
+ Depreciation and write-downs630€24k€19k€27k€29k▲ 6.1%
Operating cash flow (approximation)€41k€19k€28k€43k▲ 52.0%
Investment in fixed assets (approximation)-€-94k€-15k€-101k▼ 571%
Change in cash-€939€716€-1k▼ 302%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €444 ▼97.4%
Net result drops to €444, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Mortsel · 3 establishment units since 2020
seat establishment approximate All 3 establishment units on the map
Ground area
1,421 m²
Building footprint
682 m²
Volume, LiDAR
7,372 m³
3 parcels, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
3 establishment units
Dirk 5
Antwerpsestraat 80, 2640 MortselFood and beverage service activities
since 20202.306.361.971
Dirk 5
Antwerpsestraat 84, 2640 MortselFood and beverage service activities
since 20202.306.362.070
Albasha 2
Turnhoutsebaan 369, 2140 AntwerpenLimited-service restaurants, excluding mobile food services
since 20252.369.978.333
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11312A1146/00A002indicative Flanders 1,084 m² 1 · 371 m² 17.3 m · 5 fl.
11029A0139/00L006 Flanders 174 m² 1 · 174 m² 11.4 m · 2 fl.
11029A0139/00T006 Flanders 162 m² 1 · 137 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 3 parcels 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

2 sites
Antwerpen2.369.978.333
1 permission
Toelating · Eetgelegenheid · since 02-04-2025
Mortsel2.306.362.070
1 permission
Toelating · Eetgelegenheid · since 15-09-2020

Similar companies · same sector, comparable size

Of 21,861 companies in sector 56112 we hold annual accounts for 9,773. 8,444 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56111Full-service restaurants

Scores and ratios are computed by Checked and are not a credit decision.