Eat-It

Active

Private limited companyfounded 20197 yrs activeKruisstraat 16, 8870 Izegem, BelgiumKBO/BCE: BE 0727.623.031

The computed 12-month bankruptcy probability of Eat-It is 3.4% (moderate). The 2024 annual accounts show equity of €94k and a net result of €193k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 38% of 2924 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

76 / 100

Excellent▲ +8 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency34▲+12

Growth78=

Stability100

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days acceptable

Liquidity tight (current ratio 1.16 against 1.07 in 2023), and 78.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

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

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

70 d late

2023

61 d late

2022

74 d late

2021

30 d late

2020

16 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, abbreviated schema

Equity

€94k▲ 5.4%

2023 · €90k

2020: €59k 2021: €75k 2022: €83k 2023: €90k

2020 → 2024

Total assets

€431k▼ 32.2%

2023 · €635k

2020: €183k 2021: €469k 2022: €417k 2023: €635k

2020 → 2024

Net result

€193k▲ 31.2%

2023 · €147k

2020: €9k 2021: €254k 2022: €181k 2023: €147k

2020 → 2024

Working capital

€55k▲ 45.2%

2023 · €38k

2020: €2k 2021: €14k 2022: €31k 2023: €38k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€59k-€75k▲ 27.2%€83k▲ 11.1%€90k▲ 8.1%€94k▲ 5.4%

Operating result€11k-€258k▲ 2,310%€184k▼ 28.4%€150k▼ 18.7%€196k▲ 30.6%

Net result€9k-€254k▲ 2,825%€181k▼ 28.8%€147k▼ 18.9%€193k▲ 31.2%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 31% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €431k

90.8%

Fixed assets €40k▼ 23.8%

Current assets €391k▼ 32.9%

Equity and liabilities €431k

21.9%

78.1%

Equity €94k▲ 5.4%

Debt €336k▼ 38.4%

The debt ratio falls from 85.9% to 78.1%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€208k▲

2023 · €162k

Cash flow

€205k▲

2023 · €159k

Solvency

21.9%▲

2023 · 14.1%

Current ratio

1.16▲

2023 · 1.07

Quick ratio

1.13▲

2023 · 1.05

Debt / equity

3.56▼

2023 · 6.08

ROE

203.9%▲

2023 · 163.7%

ROA

44.7%▲

2023 · 23.1%

Interest coverage

81.41▲

2023 · 65.93

Debt

€336k▼

2023 · €545k

Debt ≤ 1 year

€336k▼

2023 · €545k

Income taxes

€482▼

2023 · €670

Staff costs

€302k▲

2023 · €280k

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€635k€431k▼

Fixed assets21/28€52k€40k▼

Tangible fixed assets22/27€52k€40k▼

Land and buildings22€12k€9k▼

Plant, machinery and equipment23€39k€30k▼

Furniture and vehicles24€1k€812▼

Current assets29/58€583k€391k▼

Stocks and contracts in progress3€12k€12k▲

Stocks30/36€12k€12k▲

Amounts receivable within one year40/41€54k€47k▼

Trade receivables40€14k€2k▼

Other amounts receivable41€40k€45k▲

Cash at bank and in hand54/58€511k€323k▼

Deferred charges and accrued income490/1€6k€8k▲

Equity and liabilities

Total equity and liabilities10/49€635k€431k▼

Equity10/15€90k€94k▲

Contributions10/11€50k€50k=

Reserves13€40k€44k▲

Distributable reserves133€40k€44k▲

Profit (loss) carried forward14-€0

Amounts payable17/49€545k€336k▼

Amounts payable within one year42/48€545k€336k▼

Trade debts44€300k€89k▼

Suppliers440/4€300k€89k▼

Taxes, remuneration and social security45€32k€15k▼

Taxes450/3€2k€482▼

Remuneration and social security454/9€30k€14k▼

Other amounts payable47/48€213k€233k▲

Accrued charges and deferred income492/3€198€12▼

Income statement Code20232024

Remuneration, social security and pensions62€280k€302k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼

Other operating charges640/8€1k€663▼

Gross operating margin9900€443k€511k▲

Operating profit (loss)9901€150k€196k▲

Financial income75/76B€68€28▼

Recurring financial income75€68€28▼

Financial charges65/66B€2k€3k▲

Recurring financial charges65€2k€3k▲

Profit (loss) for the period before taxes9903€147k€193k▲

Income taxes67/77€670€482▼

Profit (loss) for the period9904€147k€193k▲

Profit (loss) for the period to be appropriated9905€147k€193k▲

Appropriation of the result

Profit (loss) to be appropriated9906€147k€193k▲

Transfer to equity691/2€7k€5k▼

To other reserves6921€7k€5k▼

Profit to be distributed694/7€140k€188k▲

Employees696€140k€0▼

Other beneficiaries697-€188k

Social balance

Average headcount (FTE)90878.09.0▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

2025

09-10

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 70 days late

2024

30-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 61 days late

2023

13-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 74 days late

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Highest result since 2020net €254k ▲2825%

Operating result €258k, net result €254k, both a record.

16-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 16 days late

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, Izegem · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Kruisstraat 168870 Izegem

Ground area

700 m²

Building footprint

488 m²

Volume, LiDAR

4,754 m³

Parcel 36008A0730/00Y000, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Brasserie De Gilde

Kruisstraat 16, 8870 IzegemAgents in the wholesale of food, beverages and tobacco

since 20192.289.761.511

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36008A0730/00Y000	Flanders	700 m²	1 · 488 m²	15.6 m · 4 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 7,886 EUR awarded · 7,886 EUR paid

Year	Entries	awarded	paid
2022	1	7,886 EUR	7,886 EUR

Schemes

Vlaams Beschermingsmechanisme 3 (stopgezet)

1 entry · 7,886 EUR · 7,886 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Izegem2.289.761.511

1 permission

Toelating · Eetgelegenheid · since 11-06-2019

Similar companies · same sector, comparable size

Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,536 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded29-05-2019

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56102Limited-service restaurants

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

56210Event catering

56220Contract catering and other food service activities

56290Food and beverage service activities

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.