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El Sol

Active
Private limited companyfounded 20232 yrs activeJan Palfijnstraat 7, 2060 Antwerpen, BelgiumKBO/BCE: BE 1002.671.578

The computed 12-month bankruptcy probability of El Sol is 6.7% (elevated). The 2025 annual accounts show negative equity (€-1k) and a net result of €-2k. Its solvency ranks better than 17% of 810 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
19 / 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency8▼-26
Growth58
Track record82
Bankruptcy probability, 12 months
6.7% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29 against 0.18 in 2024; short-term debt: 116.9% and cash: 23.5% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-16.9%
Return on assets
-25%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year €-1k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
4 d early
2024
46 d early
← 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 months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k▲ 58.4%
2024 · €-4k
2024: €-4k
2024 → 2025
Working capital
€-6k▼ 29.3%
2024 · €-5k
2024: €-5k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20242025Trend
Equity€597-€-1k
Operating result€-4k-€-2k▲ 60.7%
Net result€-4k-€-2k▲ 58.4%
Result per fiscal year
Operating resultNet result
€-6k€-4k€-2k€0Operating result 2024: €-4k€-4kNet result 2024: €-4k€-4kOperating result 2025: €-2k€-2kNet result 2025: €-2k€-2k20242025
The operating result stays negative: a loss of €2k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7k
Fixed assets €5k▼ 8.7%
Current assets €2k▲ 142%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-130
2024 · €-3k
Cash flow
€-250
2024 · €-3k
Solvency
-16.9%
2024 · 9.5%
Current ratio
0.29
2024 · 0.18
Quick ratio
0.28
2024 · 0.18
Debt / equity
-6.93
ROA
-25.0%
2024 · -69.8%
Interest coverage
-1.08
2024 · -58.94
Debt
€9k
2024 · €6k
Debt ≤ 1 year
€9k
2024 · €6k
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€6k€7k
Fixed assets21/28€5k€5k
Tangible fixed assets22/27€5k€5k
Plant, machinery and equipment23€1k€838
Furniture and vehicles24€1k€2k
Other tangible fixed assets26€3k€2k
Current assets29/58€1k€2k
Stocks and contracts in progress3-€82
Stocks30/36-€82
Amounts receivable within one year40/41€5-
Other amounts receivable41€5-
Cash at bank and in hand54/58€1k€2k
Deferred charges and accrued income490/1-€698
Equity and liabilities
Total equity and liabilities10/49€6k€7k
Equity10/15€597€-1k
Contributions10/11€5k€5k=
Outside capital11€5k€5k=
Other1109/19€5k€5k=
Profit (loss) carried forward14€-4k€-6k
Amounts payable17/49€6k€9k
Amounts payable within one year42/48€6k€9k
Trade debts44€2k€299
Suppliers440/4€2k€299
Taxes, remuneration and social security45€181€724
Taxes450/3€181€724
Other amounts payable47/48€4k€8k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€645€3k
Gross operating margin9900€-2k€2k
Operating profit (loss)9901€-4k€-2k
Financial charges65/66B€48€120
Recurring financial charges65€48€120
Profit (loss) for the period before taxes9903€-4k€-2k
Profit (loss) for the period9904€-4k€-2k
Profit (loss) for the period to be appropriated9905€-4k€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-6k
Profit (loss) brought forward from the previous period14P-€-4k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
15-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing

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, Antwerpen · 1 establishment unit since 2023
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.

Jan Palfijnstraat 72060 Antwerpen
Ground area
93 m²
Building footprint
92 m²
Volume, LiDAR
637 m³
Parcel 11805E0451/00S005, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
El Sol
Jan Palfijnstraat 7, 2060 AntwerpenLimited-service restaurants
since 20232.352.532.288
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11805E0451/00S005 Flanders 93 m² 1 · 92 m² 10.8 m · 2 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 site
Antwerpen2.352.532.288
1 permission
Toelating · Eetgelegenheid · since 19-12-2023

Similar companies · same sector, comparable size

Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 730 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-11-2023
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.