DU PHARE
ActiveDU PHARE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €336k and a net result of €184k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+6
Solvency49▼-16
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.45 in 2023; short-term debt: 75.6% and cash: 38.4% of total assets), and 75.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
58 d early
2022
6 d early
2021
19 d early
2020
2 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€336k▼ 55.4%
2023 · €752k
2018: €256k
2019: €521k
2020: €455k
2021: €888k
2022: €1.17M
2023: €752k
2018 → 2024
Total assets
€1.39M▼ 27.0%
2023 · €1.90M
2018: €918k
2019: €1.22M
2020: €655k
2021: €1.40M
2022: €1.63M
2023: €1.90M
2018 → 2024
Net result
€184k▲ 21.0%
2023 · €152k
2018: €281k
2019: €265k
2020: €-66k
2021: €433k
2022: €283k
2023: €152k
2018 → 2024
Working capital
€131k▼ 74.3%
2023 · €512k
2018: €101k
2019: €355k
2020: €305k
2021: €754k
2022: €941k
2023: €512k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€455k-€888k▲ 95.1%€1.17M▲ 31.8%€752k▼ 35.8%€336k▼ 55.4%
Operating result€-55k-€548k€407k▼ 25.7%€233k▼ 42.8%€293k▲ 25.8%
Net result€-66k-€433k€283k▼ 34.7%€152k▼ 46.3%€184k▲ 21.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 26% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.39M
Fixed assets
€208k▼ 16.5%
Current assets
€1.18M▼ 28.6%
Equity and liabilities €1.39M
Equity
€336k▼ 55.4%
Debt
€1.05M▼ 8.4%
The debt ratio rises from 60.4% to 75.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€359k▲
2023 · €297k
Cash flow
€249k▲
2023 · €216k
Solvency
24.2%▼
2023 · 39.6%
Current ratio
1.13▼
2023 · 1.45
Quick ratio
1.10▼
2023 · 1.43
Debt / equity
3.14▲
2023 · 1.53
ROE
54.7%▲
2023 · 20.2%
ROA
13.2%▲
2023 · 8.0%
Interest coverage
12.42▲
2023 · 9.45
Debt
€1.05M▼
2023 · €1.15M
Debt ≤ 1 year
€1.05M▼
2023 · €1.14M
Income taxes
€87k▲
2023 · €67k
Staff costs
€1.96M▲
2023 · €1.89M
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€1.90M€1.39M▼
Fixed assets21/28€249k€208k▼
Intangible fixed assets21€53k€46k▼
Tangible fixed assets22/27€172k€138k▼
Land and buildings22€51k€38k▼
Plant, machinery and equipment23€69k€59k▼
Furniture and vehicles24€51k€39k▼
Other tangible fixed assets26€1k€1k▼
Financial fixed assets28€24k€24k=
Current assets29/58€1.65M€1.18M▼
Amounts receivable after more than one year29€500k€500k=
Other amounts receivable291€500k€500k=
Stocks and contracts in progress3€26k€27k▲
Stocks30/36€26k€27k▲
Amounts receivable within one year40/41€602k€118k▼
Trade receivables40€4k€20k▲
Other amounts receivable41€598k€98k▼
Cash at bank and in hand54/58€522k€534k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.90M€1.39M▼
Equity10/15€752k€336k▼
Contributions10/11€19k€19k=
Reserves13€733k€317k▼
Distributable reserves133€733k€317k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.15M€1.05M▼
Amounts payable within one year42/48€1.14M€1.05M▼
Trade debts44€118k€139k▲
Suppliers440/4€118k€139k▲
Taxes, remuneration and social security45€295k€248k▼
Taxes450/3€92k€125k▲
Remuneration and social security454/9€203k€122k▼
Other amounts payable47/48€727k€662k▼
Accrued charges and deferred income492/3€9k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62€1.89M€1.96M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€66k▲
Other operating charges640/8€15k€24k▲
Gross operating margin9900€2.21M€2.34M▲
Operating profit (loss)9901€233k€293k▲
Financial income75/76B€17k€7k▼
Recurring financial income75€17k€7k▼
Financial charges65/66B€31k€29k▼
Recurring financial charges65€31k€29k▼
Profit (loss) for the period before taxes9903€219k€271k▲
Income taxes67/77€67k€87k▲
Profit (loss) for the period9904€152k€184k▲
Profit (loss) for the period to be appropriated9905€152k€184k▲
Appropriation of the result
Profit (loss) to be appropriated9906€152k€184k▲
Transfer from equity791/2€419k€416k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€571k€600k▲
Return on contributions (dividend)694€571k€600k▲
Social balance
Average headcount (FTE)908742.942.1▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.17M ▲31.8%
2 profitable years in a row build equity to €1.17M.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €433k
Net result €433k after one loss-making year.
31-12
Financial
Equity above €500kEq €888k ▲95.1%
Equity rises from €455k to €888k.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €-66k ▼125%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-12
Financial
Equity above €500kEq €521k ▲103%
2 profitable years in a row build equity to €521k.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 37 days late
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
3 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 · 2 establishment units since 1991
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.
Sasplein 28000 BruggeGround area
385 m²
Building footprint
234 m²
Volume, LiDAR
2,206 m³
2 parcels, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
DU PHARE
since 19912.055.346.658
Steenstraat 1, 8000 Brugge
since 20102.192.691.235
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E0006/00D000 | Flanders | 329 m² | 1 · 179 m² | 11.1 m · 3 fl. |
| 31803C0002/00_000 | Flanders | 56 m² | 1 · 56 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrugge2.055.346.658
Brugge2.192.691.235
Similar companies · same sector, comparable size
LE POT CHARLES QUINT
BE 0439.010.023
Walcourt · Eq €336k
MISMO
BE 0525.921.429
Machelen (Brab.) · Eq €338k
Kafkas
BE 0679.743.633
Aartselaar · Eq €332k
SIX NATIONS
BE 0831.957.419
Brussel · Eq €332k
VALOR CAFÉ
BE 0556.727.540
Diepenbeek · Eq €330k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 2,486 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-1991
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.