EIRIN
ActiveSummary
The computed 12-month bankruptcy probability of EIRIN is 1.8% (moderate). The 2024 annual accounts show equity of €101,249 and a net result of €26,152. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 18934 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2022
Profitability71▲+71
Solvency48▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.34 in 2022; short-term debt: 68.2% and cash: 4.8% of total assets), and 76.9% of the assets are financed with debt.
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Signals
Three 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 · 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
23.1%
Return on assets
6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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
30 d late
2022
25 d early
2021
45 d early
2020
17 d early
2019
28 d late
2018
22 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€101,249▼ 11.2%
2022 · €113,997
Total assets
€438,869▼ 19.0%
2022 · €541,751
Net result
€26,152
2022 · -€208,599
Working capital
€101,419▼ 17.6%
2022 · €123,129
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222024
Operating result-€23,504-€42,080▼ 79.0%€41,406-€65,674€34,970-
Net result-€30,104-€41,320below the sector's middle half▼ 37.3%€39,274above the sector's middle half-€208,599below the sector's middle half€26,152above the sector's middle half-
Equity€324,613▲ 494%€283,323above the sector's middle half▼ 12.7%€322,596above the sector's middle half▲ 13.9%€113,997above the sector's middle half▼ 64.7%€101,249above the sector's middle half-
Total assets€458,789▲ 324%€503,876above the sector's middle half▲ 9.8%€486,836above the sector's middle half▼ 3.4%€541,751above the sector's middle half▲ 11.3%€438,869above the sector's middle half-
Debt€134,176▲ 151%€220,554▲ 64.4%€164,240▼ 25.5%€427,753▲ 160%€337,620-
Working capital€284,419▲ 3,018%€212,327above the sector's middle half▼ 25.3%€253,404above the sector's middle half▲ 19.3%€123,129above the sector's middle half▼ 51.4%€101,419above the sector's middle half-
Solvency70.8%▲ 20.2pp56.2%within the sector's middle half▼ 14.5pp66.3%above the sector's middle half▲ 10.0pp21.0%within the sector's middle half▼ 45.2pp23.1%within the sector's middle half-
Current ratio3.13▲ 1.961.97within the sector's middle half▼ 1.162.55above the sector's middle half▲ 0.581.34within the sector's middle half▼ 1.201.34within the sector's middle half-
Return on assets (ROA)-6.6%▼ 26.0pp-8.2%within the sector's middle half▼ 1.6pp8.1%within the sector's middle half▲ 16.3pp-38.5%below the sector's middle half▼ 46.6pp6.0%within the sector's middle half-
Staff (FTE)7.8▲ 8.3%4.3above the sector's middle half▼ 44.9%9▲ 109%18.1▲ 101%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €34,970 in 2024, compared with -€65,674 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €438,869
Fixed assets
€38,213 ▼ 36.7%
Current assets
€400,656 ▼ 16.8%
Equity and liabilities €438,869
Equity
€101,249 ▼ 11.2%
Debt
€337,620 ▼ 21.1%
Debt's share of the balance-sheet total falls from 79.0% to 76.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€47,200▲
2022 · -€49,610
Cash flow
€38,382▲
2022 · -€192,535
Quick ratio
1.32▼
2022 · 1.33
Debt to equity
3.33▼
2022 · 3.75
ROE
25.8%▲
2022 · -183.0%
Interest coverage
5.35▲
2022 · -4.79
Debt ≤ 1 year
€299,237▼
2022 · €358,220
Debt > 1 year
€35,208▼
2022 · €69,533
Staff costs
€102,796▼
2022 · €182,078
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €24,452 | €9,638 | €2,000 | - |
| Remuneration, social security and pensions62 | - | - | €81,562 | €182,078 | €102,796 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,566 | €13,316 | €15,887 | €16,064 | €12,230 | - |
| Other operating charges640/8 | - | - | €5,186 | €1,967 | €1,125 | - |
| Gross operating margin9900 | €109,758 | €19,450 | €144,040 | €134,435 | €151,121 | - |
| Operating profit (loss)9901 | -€23,504 | -€42,080 | €41,406 | -€65,674 | €34,970 | - |
| Financial income75/76B | - | - | €5,100 | €132 | €8 | - |
| Recurring financial income75 | €2,025 | €5,105 | €5,100 | €132 | €8 | - |
| Financial charges65/66B | - | - | €6,853 | €10,349 | €8,826 | - |
| Recurring financial charges65 | €8,145 | €4,036 | €6,853 | €10,349 | €8,826 | - |
| Profit (loss) for the period before taxes9903 | -€29,624 | -€41,011 | €39,653 | -€75,891 | €26,152 | - |
| Income taxes67/77 | €450 | €280 | €380 | €132,708 | - | - |
| Profit (loss) for the period9904 | -€30,104 | -€41,320 | €39,274 | -€208,599 | €26,152 | - |
| Profit (loss) for the period to be appropriated9905 | -€30,104 | -€41,320 | €39,274 | -€208,599 | €26,152 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €458,789 | €503,876 | €486,836 | €541,751 | €438,869 | - |
| Formation expenses20 | €137 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €40,918 | €73,260 | €69,746 | €60,401 | €38,213 | - |
| Intangible fixed assets21 | €13,750 | €11,250 | €8,750 | €6,250 | €1,250 | - |
| Tangible fixed assets22/27 | €27,168 | €62,010 | €60,996 | €54,151 | €36,963 | - |
| Plant, machinery and equipment23 | - | - | €13,411 | €9,965 | €6,828 | - |
| Furniture and vehicles24 | - | - | €11,468 | €6,474 | €2,152 | - |
| Other tangible fixed assets26 | - | - | €36,117 | €37,712 | €27,983 | - |
| Current assets29/58 | €417,733 | €430,616 | €417,090 | €481,349 | €400,656 | - |
| Amounts receivable after more than one year29 | - | - | €345,000 | €345,000 | €328,390 | - |
| Other amounts receivable291 | - | - | €345,000 | €345,000 | €328,390 | - |
| Stocks and contracts in progress3 | €3,100 | €1,000 | €2,350 | €5,500 | €4,725 | - |
| Stocks30/36 | - | - | €2,350 | €5,500 | €4,725 | - |
| Amounts receivable within one year40/41 | €27,080 | €38,900 | €14,709 | €11,455 | €46,409 | - |
| Trade receivables40 | - | - | €14,487 | €7,545 | - | - |
| Other amounts receivable41 | - | - | €222 | €3,909 | €46,409 | - |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €41,933 | €45,716 | €54,248 | €113,397 | €21,132 | - |
| Deferred charges and accrued income490/1 | - | - | €784 | €5,997 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €458,789 | €503,876 | €486,836 | €541,751 | €438,869 | - |
| Equity10/15 | €324,613 | €283,323 | €322,596 | €113,997 | €101,249 | - |
| Contributions10/11 | €40,000 | €0 | €40,000 | €40,000 | €40,000 | - |
| Outside capital11 | - | - | €40,000 | €40,000 | €40,000 | - |
| Other1109/19 | - | - | €40,000 | €40,000 | €40,000 | - |
| Reserves13 | €314,717 | €314,747 | €314,747 | €314,747 | €314,747 | - |
| Non-distributable reserves130/1 | - | - | €4,000 | €4,000 | €4,000 | - |
| Reserves not available under the articles1311 | - | - | €4,000 | €4,000 | €4,000 | - |
| Tax-exempt reserves132 | - | - | €121 | €121 | €121 | - |
| Distributable reserves133 | - | - | €310,626 | €310,626 | €310,626 | - |
| Profit (loss) carried forward14 | -€30,104 | -€71,424 | -€32,151 | -€240,750 | -€253,498 | - |
| Amounts payable17/49 | €134,176 | €220,554 | €164,240 | €427,753 | €337,620 | - |
| Amounts payable after more than one year17 | - | - | - | €69,533 | €35,208 | - |
| Financial debts170/4 | - | - | - | €69,533 | €35,208 | - |
| Amounts payable within one year42/48 | €133,314 | €218,290 | €163,686 | €358,220 | €299,237 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €16,250 | - |
| Financial debts43 | - | - | €189 | €0 | - | - |
| Credit institutions430/8 | - | - | €189 | €0 | - | - |
| Trade debts44 | €43,944 | €105,281 | €48,130 | €99,681 | €90,029 | - |
| Suppliers440/4 | - | - | €48,130 | €99,681 | €90,029 | - |
| Taxes, remuneration and social security45 | - | - | €50,852 | €193,274 | €156,303 | - |
| Taxes450/3 | - | - | €43,607 | €172,133 | €135,696 | - |
| Remuneration and social security454/9 | - | - | €7,245 | €21,140 | €20,607 | - |
| Other amounts payable47/48 | - | - | €64,515 | €65,265 | €36,655 | - |
| Accrued charges and deferred income492/3 | - | - | €554 | €0 | €3,175 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,104 | -€41,320 | €39,274 | -€208,599 | €26,152 | - |
| + Depreciation and write-downs630 | €11,566 | €13,316 | €15,887 | €16,064 | €12,230 | - |
| Operating cash flow (approximation) | -€18,538 | -€28,004 | €55,160 | -€192,535 | €38,382 | - |
| Investment in fixed assets (approximation) | - | -€45,658 | -€12,372 | -€6,719 | - | - |
| Change in cash | - | €3,784 | €8,532 | €59,149 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €26,152
Net result €26,152 after one loss-making year.
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€208,599
Net result drops to -€208,599, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €39,274
Net result €39,274 after 2 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 3.13
Current ratio from 1.17 to 3.13.
31-12
Financial
Equity above €200,000Eq €324,613 ▲494%
Equity rises from €54,687 to €324,613.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Mechelen · 1 establishment unit since 2015
Ground area
92 m²
Building footprint
92 m²
Volume, LiDAR
1,030 m³
Parcel 12025C0057/00_000, Flanders · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
O'Fiach
since 20152.243.415.802
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025C0057/00_000 | Flanders | 92 m² | 1 · 92 m² | 17.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.243.415.802
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Of 14,002 companies in sector 56301 we hold annual accounts for 4,896. 3,689 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
Founded06-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0633584006
Also
9925:BE0633584006
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.