EAT AT CANTINE
ActiveSummary
The computed 12-month bankruptcy probability of EAT AT CANTINE is 4.2% (elevated). The 2024 annual accounts show negative equity (€-143k) and a net result of €-48k. Equity is shrinking by ~27% per year across the filed fiscal years. Its solvency ranks better than 5% of 2935 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.51 against 1.42 in 2023; short-term debt: 173.3% and cash: 20.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-459.7%
Return on assets
-153.7%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-143k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
61 d late
2021
31 d late
2020
1 d early
2019
108 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-143k▼ 50.2%
2023 · €-95k
2018: €6k
2019: €-20k
2020: €-66k
2021: €-79k
2022: €-78k
2023: €-95k
2018 → 2024
Total assets
€31k▼ 21.0%
2023 · €39k
2018: €38k
2019: €62k
2020: €41k
2021: €49k
2022: €53k
2023: €39k
2018 → 2024
Net result
€-48k▼ 179%
2023 · €-17k
2018: €-10k
2019: €-26k
2020: €-46k
2021: €-13k
2022: €722
2023: €-17k
2018 → 2024
Working capital
€-27k
2023 · €9k
2018: €1k
2019: €-2k
2020: €9k
2021: €19k
2022: €25k
2023: €9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-66k-€-79k▼ 19.5%€-78k▲ 0.9%€-95k▼ 21.9%€-143k▼ 50.2%
Operating result€-42k-€-8k▲ 79.8%€6k€-12k€-42k▼ 262%
Net result€-46k-€-13k▲ 72.1%€722€-17k€-48k▼ 179%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42k in 2024 against €12k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€4k ▼ 49.0%
Current assets
€27k ▼ 14.5%
Key figures and ratios
EBITDA
€-38k▼
2023 · €-7k
Cash flow
€-44k▼
2023 · €-12k
Solvency
-459.7%▼
2023 · -241.6%
Current ratio
0.51▼
2023 · 1.42
Quick ratio
0.44▼
2023 · 1.31
Debt to equity
-1.22▲
2023 · -1.41
ROA
-153.7%▼
2023 · -43.4%
Interest coverage
-6.53▼
2023 · -1.25
Debt
€174k▲
2023 · €134k
Debt ≤ 1 year
€54k▲
2023 · €22k
Debt > 1 year
€120k▲
2023 · €112k
Staff costs
€116k▲
2023 · €105k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€39k€31k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€7k€4k▼
Current assets29/58€32k€27k▼
Stocks and contracts in progress3€2k€4k▲
Stocks30/36€2k€4k▲
Amounts receivable within one year40/41€17k€15k▼
Trade receivables40€14k€14k▲
Other amounts receivable41€4k€810▼
Cash at bank and in hand54/58€9k€6k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€39k€31k▼
Equity10/15€-95k€-143k▼
Contributions10/11€16k€16k=
Reserves13€18€0▼
Non-distributable reserves130/1€18€0▼
Reserves not available under the articles1311€18€0▼
Profit (loss) carried forward14€-111k€-159k▼
Amounts payable17/49€134k€174k▲
Amounts payable after more than one year17€112k€120k▲
Financial debts170/4€112k€120k▲
Amounts payable within one year42/48€22k€54k▲
Trade debts44€10k€38k▲
Suppliers440/4€10k€38k▲
Advances received on contracts in progress46€225€766▲
Taxes, remuneration and social security45€10k€10k▲
Taxes450/3€3k€2k▼
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€2k€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€105k€116k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€634€4k▲
Gross operating margin9900€99k€81k▼
Operating profit (loss)9901€-12k€-42k▼
Financial income75/76B€35€206▲
Recurring financial income75€35€206▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€-17k€-48k▼
Profit (loss) for the period9904€-17k€-48k▼
Profit (loss) for the period to be appropriated9905€-17k€-48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-111k€-159k▼
Profit (loss) brought forward from the previous period14P€-94k€-111k▼
Transfer from equity791/2-€18
Social balance
Average headcount (FTE)90872.52.6▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
31-12
Financial
Back to profitnet €722
Net result €722 after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 108 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
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, Vilvoorde · 1 establishment unit since 2016
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.
Schaarbeeklei 6361800 VilvoordeGround area
6,639 m²
Building footprint
4,688 m²
Volume, LiDAR
36,320 m³
2 parcels, Flanders · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Cantine
since 20162.251.346.343
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644H0304/00L000 | Flanders | 5,479 m² | 1 · 3,582 m² | 14.5 m · 2 fl. |
| 23644H0308/00Y003 | Flanders | 1,161 m² | 1 · 1,107 m² | 16.7 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVilvoorde2.251.346.343
Similar companies · same sector, comparable size
O'LYVES
BE 0551.832.901
Elsene · Eq €6,249
XERKI
BE 0783.868.777
Ans · Eq €6,275
AU RIAD
BE 0544.702.807
Antwerpen · Eq €6,247
Crêperie Vanilla
BE 1011.527.282
Charleroi · Eq €6,247
Les Pieds dans l’Eau
BE 0803.486.830
Lint · Eq €6,240
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 5,781 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.