Fish is king
ActiveSummary
The computed 12-month bankruptcy probability of Fish is king is 1.5% (moderate). The 2025 annual accounts show equity of €5k and a net result of €36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 11322 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+20
Solvency30▼-62
Growth58▲+6
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
4.8%
Return on assets
33.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11322 sector peers (2025).
NBB · sector comparisonPosition among 11322 sector peers
Solvency
better than 22%
← weakest
strongest →
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 20-04-2026, 102 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
102 d early
2024
35 d early
2023
120 d early
2022
129 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 88.6%
2024 · €44k
2022: €16k
2023: €38k
2024: €44k
2022 → 2025
Total assets
€105k▲ 60.0%
2024 · €66k
2022: €27k
2023: €47k
2024: €66k
2022 → 2025
Net result
€36k▲ 497%
2024 · €6k
2022: €11k
2023: €22k
2024: €6k
2022 → 2025
Working capital
€-518
2024 · €36k
2022: €15k
2023: €37k
2024: €36k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€16k-€38k▲ 141%€44k▲ 15.7%€5k▼ 88.6%
Operating result€13k-€28k▲ 109%€8k▼ 70.6%€44k▲ 433%
Net result€11k-€22k▲ 107%€6k▼ 73.2%€36k▲ 497%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 433% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets
€6k ▼ 26.2%
Current assets
€100k ▲ 71.0%
Equity and liabilities €105k
Equity
€5k ▼ 88.6%
Debt
€100k ▲ 358%
Debt's share of the balance-sheet total rises from 33.3% to 95.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46k▲
2024 · €10k
Cash flow
€37k▲
2024 · €8k
Current ratio
0.99▼
2024 · 2.67
Debt to equity
20.02▲
2024 · 0.50
ROE
710.8%▲
2024 · 13.6%
ROA
33.8%▲
2024 · 9.1%
Interest coverage
35.20▼
2024 · 58.73
Debt ≤ 1 year
€100k▲
2024 · €22k
Income taxes
€10k▲
2024 · €4k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€66k€105k▲
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€7k€6k▼
Furniture and vehicles24€7k€6k▼
Current assets29/58€58k€100k▲
Amounts receivable within one year40/41€48k€80k▲
Trade receivables40€4k€15k▲
Other amounts receivable41€45k€65k▲
Cash at bank and in hand54/58€7k€16k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€66k€105k▲
Equity10/15€44k€5k▼
Contributions10/11€5k€5k=
Reserves13€39k€0▼
Distributable reserves133€39k€0▼
Profit (loss) carried forward14-€0
Amounts payable17/49€22k€100k▲
Amounts payable within one year42/48€22k€100k▲
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€13k€14k▲
Taxes450/3€13k€14k▲
Other amounts payable47/48-€74k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€12k€48k▲
Operating profit (loss)9901€8k€44k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€169€1k▲
Recurring financial charges65€169€1k▲
Profit (loss) for the period before taxes9903€10k€46k▲
Income taxes67/77€4k€10k▲
Profit (loss) for the period9904€6k€36k▲
Profit (loss) for the period to be appropriated9905€6k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€36k▲
Transfer from equity791/2-€39k
Transfer to equity691/2€6k€0▼
To other reserves6921€6k€0▼
Profit to be distributed694/7-€74k
Return on contributions (dividend)694-€74k
The notes to these accounts (5 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
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €36k ▲497%
Operating result €44k, net result €36k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €6k ▼73.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 4.99
Current ratio from 2.29 to 4.99; short-term debt falls from €12k to €9k.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Blankenberge · 1 establishment unit since 2022
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.
Schorreveld 158370 BlankenbergeGround area
628 m²
Building footprint
165 m²
Volume, LiDAR
640 m³
Parcel 31602B0138/00M002, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Fish is king
since 20222.330.949.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31602B0138/00M002 | Flanders | 628 m² | 1 · 165 m² | 6.0 m · 1 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 siteBlankenberge2.330.949.491
Similar companies · same sector, comparable size
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Gerluk
BE 0642.936.982
Lier · Eq €5,059
EXPRESS BREAD
BE 0471.394.759
Gesves · Eq €5,140
FALUGO
BE 0807.590.128
Chaudfontaine · Eq €5,261
AADHYA
BE 0777.900.606
Aarschot · Eq €5,298
Of 1,641 companies in sector 46170 we hold annual accounts for 671. 272 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
Founded10-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
46323Wholesale trade
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.