Fish Off The Hook
ActiveSummary
The computed 12-month bankruptcy probability of Fish Off The Hook is 2.1% (moderate). The 2024 annual accounts show equity of €126k and a net result of €65k. Its solvency ranks better than 42% of 26043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability84=
Solvency48▲+9
Growth78
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.3 in 2023; short-term debt: 31.8% and cash: 24.7% of total assets), and 76.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€126k▲ 106%
2023 · €61k
2023: €61k
2024: €126k▲ +106% vs 2023
2023 → 2024
Total assets
€541k▲ 21.4%
2023 · €446k
2023: €446k
2024: €541k▲ +21.4% vs 2023
2023 → 2024
Net result
€65k▲ 15.5%
2023 · €56k
2023: €56k
2024: €65k▲ +15.5% vs 2023
2023 → 2024
Working capital
€-36k▲ 75.9%
2023 · €-148k
2023: €-148k
2024: €-36k▲ +75.9% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€61k-€126k▲ 106%
2023: €61k
2024: €126k▲ +106% vs 2023
Operating result€76k-€98k▲ 28.8%
2023: €76k
2024: €98k▲ +28.8% vs 2023
Net result€56k-€65k▲ 15.5%
2023: €56k
2024: €65k▲ +15.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 29% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €541k
Fixed assets
€405k ▲ 6.0%
Current assets
€136k ▲ 115%
Equity and liabilities €541k
Equity
€126k ▲ 106%
Debt
€415k ▲ 8.0%
Debt's share of the balance-sheet total falls from 86.3% to 76.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€199k▲
2023 · €136k
Cash flow
€165k▲
2023 · €116k
Current ratio
0.79▲
2023 · 0.30
Debt to equity
3.30▼
2023 · 6.29
ROE
51.5%▼
2023 · 91.8%
ROA
12.0%▼
2023 · 12.6%
Interest coverage
10.49▼
2023 · 15.14
Debt ≤ 1 year
€172k▼
2023 · €212k
Debt > 1 year
€239k▲
2023 · €168k
Income taxes
€14k▲
2023 · €11k
Staff costs
€9k
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 · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€446k€541k▲
Fixed assets21/28€382k€405k▲
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€378k€402k▲
Plant, machinery and equipment23€15k€10k▼
Furniture and vehicles24€302k€326k▲
Other tangible fixed assets26€61k€65k▲
Financial fixed assets28-€135
Current assets29/58€63k€136k▲
Amounts receivable within one year40/41€36k€2k▼
Trade receivables40€2k€0▼
Other amounts receivable41€34k€2k▼
Cash at bank and in hand54/58€28k€134k▲
Deferred charges and accrued income490/1€209€324▲
Equity and liabilities
Total equity and liabilities10/49€446k€541k▲
Equity10/15€61k€126k▲
Contributions10/11€5k€5k=
Reserves13€56k€121k▲
Distributable reserves133€56k€121k▲
Amounts payable17/49€384k€415k▲
Amounts payable after more than one year17€168k€239k▲
Financial debts170/4€168k€239k▲
Amounts payable within one year42/48€212k€172k▼
Current portion of amounts payable after more than one year42€11k€42k▲
Trade debts44€113k€57k▼
Suppliers440/4€113k€57k▼
Taxes, remuneration and social security45€14k€20k▲
Taxes450/3€14k€20k▲
Remuneration and social security454/9-€308
Other amounts payable47/48€73k€53k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€101k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€139k€212k▲
Operating profit (loss)9901€76k€98k▲
Financial income75/76B€142€98▼
Recurring financial income75€142€98▼
Financial charges65/66B€9k€19k▲
Recurring financial charges65€9k€19k▲
Profit (loss) for the period before taxes9903€67k€79k▲
Income taxes67/77€11k€14k▲
Profit (loss) for the period9904€56k€65k▲
Profit (loss) for the period to be appropriated9905€56k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€65k▲
Transfer to equity691/2€56k€65k▲
To other reserves6921€56k€65k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €9k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60k | €101k | ▲ 67.5% |
| Other operating charges640/8 | €3k | €4k | ▲ 37.7% |
| Gross operating margin9900 | €139k | €212k | ▲ 52.5% |
| Operating profit (loss)9901 | €76k | €98k | ▲ 28.8% |
| Financial income75/76B | €142 | €98 | ▼ 30.8% |
| Recurring financial income75 | €142 | €98 | ▼ 30.8% |
| Financial charges65/66B | €9k | €19k | ▲ 111% |
| Recurring financial charges65 | €9k | €19k | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €67k | €79k | ▲ 17.7% |
| Income taxes67/77 | €11k | €14k | ▲ 28.9% |
| Profit (loss) for the period9904 | €56k | €65k | ▲ 15.5% |
| Profit (loss) for the period to be appropriated9905 | €56k | €65k | ▲ 15.5% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €446k | €541k | ▲ 21.4% |
| Fixed assets21/28 | €382k | €405k | ▲ 6.0% |
| Intangible fixed assets21 | €4k | €3k | ▼ 28.4% |
| Tangible fixed assets22/27 | €378k | €402k | ▲ 6.3% |
| Plant, machinery and equipment23 | €15k | €10k | ▼ 31.9% |
| Furniture and vehicles24 | €302k | €326k | ▲ 8.2% |
| Other tangible fixed assets26 | €61k | €65k | ▲ 6.6% |
| Financial fixed assets28 | - | €135 | - |
| Current assets29/58 | €63k | €136k | ▲ 115% |
| Amounts receivable within one year40/41 | €36k | €2k | ▼ 93.7% |
| Trade receivables40 | €2k | €0 | ▼ 100.0% |
| Other amounts receivable41 | €34k | €2k | ▼ 93.4% |
| Cash at bank and in hand54/58 | €28k | €134k | ▲ 384% |
| Deferred charges and accrued income490/1 | €209 | €324 | ▲ 55.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €446k | €541k | ▲ 21.4% |
| Equity10/15 | €61k | €126k | ▲ 106% |
| Contributions10/11 | €5k | €5k | = |
| Reserves13 | €56k | €121k | ▲ 116% |
| Distributable reserves133 | €56k | €121k | ▲ 116% |
| Amounts payable17/49 | €384k | €415k | ▲ 8.0% |
| Amounts payable after more than one year17 | €168k | €239k | ▲ 42.4% |
| Financial debts170/4 | €168k | €239k | ▲ 42.4% |
| Amounts payable within one year42/48 | €212k | €172k | ▼ 18.8% |
| Current portion of amounts payable after more than one year42 | €11k | €42k | ▲ 284% |
| Trade debts44 | €113k | €57k | ▼ 49.6% |
| Suppliers440/4 | €113k | €57k | ▼ 49.6% |
| Taxes, remuneration and social security45 | €14k | €20k | ▲ 37.5% |
| Taxes450/3 | €14k | €20k | ▲ 35.4% |
| Remuneration and social security454/9 | - | €308 | - |
| Other amounts payable47/48 | €73k | €53k | ▼ 28.0% |
| Accrued charges and deferred income492/3 | €5k | €4k | ▼ 13.5% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €56k | €65k | ▲ 15.5% |
| + Depreciation and write-downs630 | €60k | €101k | ▲ 67.5% |
| Operating cash flow (approximation) | €116k | €165k | ▲ 42.4% |
| Investment in fixed assets (approximation) | - | €-123k | - |
| Change in cash | - | €106k | - |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €126k ▲106%
2 profitable years in a row build equity to €126k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Wielsbeke · 1 establishment unit since 2022
Ground area
486 m²
Building footprint
120 m²
Volume, LiDAR
896 m³
Parcel 37017C0137/00H004, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Fish Off The Hook
since 20222.334.425.853
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37017C0137/00H004 | Flanders | 486 m² | 1 · 120 m² | 11.3 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWielsbeke2.334.425.853
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Of 3,826 companies in sector 47210 we hold annual accounts for 965. 763 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
Founded11-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
10200Manufacture of food products
10850Manufacture of food products
46170Agents in the wholesale of food, beverages and tobacco
47230Retail trade
56210Event catering
Scores and ratios are computed by Checked and are not a credit decision.