EGYPAL
ActiveThe computed 12-month bankruptcy probability of EGYPAL is 2.6% (moderate). The 2025 annual accounts show equity of €21k and a net result of €40k. Equity is shrinking by ~20.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 28% of 13061 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency14▼-8
Growth58=
Stability100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.21 in 2024), and 95.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.3%
Return on assets
8%
Age of the figures
8 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 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 · 10 filingsDeviation from the deadline
2025
42 d late
2024
60 d late
2023
99 d late
2022
69 d late
2021
23 d late
2020
110 d late
2019
40 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€40k▼ 64.1%
2024 · €111k
2018: €9k
2019: €159k
2020: €-50k
2021: €7k
2022: €-30k
2023: €-16k
2024: €111k
2018 → 2025
Working capital
€4k▼ 94.4%
2024 · €66k
2018: €-64k
2019: €17k
2020: €-478
2021: €241k
2022: €164k
2023: €170k
2024: €66k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€146k-€117k▼ 20.4%€101k▼ 13.6%€52k▼ 47.9%€21k▼ 59.5%
Operating result€20k-€-4k€-10k▼ 127%€133k€72k▼ 45.6%
Net result€7k-€-30k€-16k▲ 46.8%€111k€40k▼ 64.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €493k
Fixed assets
€128k▼ 20.4%
Current assets
€365k▼ 6.2%
Equity and liabilities €493k
Equity
€21k▼ 59.5%
Debt
€472k▼ 5.2%
The debt ratio rises from 90.5% to 95.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€99k▼
2024 · €163k
Cash flow
€67k▼
2024 · €141k
Solvency
4.3%▼
2024 · 9.5%
Current ratio
1.01▼
2024 · 1.21
Quick ratio
0.98▼
2024 · 1.16
Debt / equity
22.20▲
2024 · 9.49
ROE
186.5%▼
2024 · 211.0%
ROA
8.0%▼
2024 · 20.1%
Interest coverage
13.43▼
2024 · 20.91
Debt
€472k▼
2024 · €497k
Debt ≤ 1 year
€361k▲
2024 · €323k
Debt > 1 year
€111k▼
2024 · €175k
Income taxes
€25k▲
2024 · €15k
Staff costs
€577k▲
2024 · €529k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€550k€493k▼
Fixed assets21/28€161k€128k▼
Tangible fixed assets22/27€152k€127k▼
Land and buildings22€91k€82k▼
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24€17k€5k▼
Other tangible fixed assets26€38k€33k▼
Financial fixed assets28€9k€900▼
Current assets29/58€389k€365k▼
Stocks and contracts in progress3€14k€11k▼
Stocks30/36€14k€11k▼
Amounts receivable within one year40/41€283k€273k▼
Trade receivables40€259k€249k▼
Other amounts receivable41€24k€24k▲
Cash at bank and in hand54/58€90k€80k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€550k€493k▼
Equity10/15€52k€21k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€32k€790▼
Amounts payable17/49€497k€472k▼
Amounts payable after more than one year17€175k€111k▼
Financial debts170/4€175k€111k▼
Amounts payable within one year42/48€323k€361k▲
Current portion of amounts payable after more than one year42€29k€50k▲
Trade debts44€14k€25k▲
Suppliers440/4€14k€25k▲
Taxes, remuneration and social security45€186k€222k▲
Taxes450/3€72k€91k▲
Remuneration and social security454/9€115k€131k▲
Other amounts payable47/48€93k€64k▼
Income statement
Code20242025
Remuneration, social security and pensions62€529k€577k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€27k▼
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A-€28k
Gross operating margin9900€698k€707k▲
Operating profit (loss)9901€133k€72k▼
Financial income75/76B€21€1▼
Recurring financial income75€21€1▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€125k€65k▼
Income taxes67/77€15k€25k▲
Profit (loss) for the period9904€111k€40k▼
Profit (loss) for the period to be appropriated9905€111k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€191k€72k▼
Profit (loss) brought forward from the previous period14P€80k€32k▼
Profit to be distributed694/7€159k€71k▼
Return on contributions (dividend)694€159k€71k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 42 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €111k
Net result €111k after 2 loss-making years.
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 99 days late
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 69 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 5.20
Current ratio from 1.00 to 5.20; short-term debt falls from €131k to €57k.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 110 days late
2020
31-12
Financial
Weakest financial yearnet €-50k ▼132%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 40 days late
2019
31-12
Financial
Highest result since 2018net €159k ▲1606%
Operating result €172k, net result €159k, both a record.
31-12
Financial
Equity above €150kEq €189k ▲170%
2 profitable years in a row build equity to €189k.
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 117 days late
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 34 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2014
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.
Charleroise Steenweg 571060 Sint-Gillis (bij-Brussel)Ground area
184 m²
Building footprint
188 m²
Volume, LiDAR
3,615 m³
Parcel 21013B0040/00E022, Brussels · tallest building 23.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
EGYPAL
since 20142.228.913.807
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0040/00E022 | Brussels | 184 m² | 1 · 188 m² | 23.8 m · 7 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 siteSint-Gillis2.228.913.807
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Of 21,621 companies in sector 56112 we hold annual accounts for 9,652. 8,016 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2014
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.