FOLKGRILL
ActiveSummary
The computed 12-month bankruptcy probability of FOLKGRILL is 7.2% (elevated). The 2025 annual accounts show equity of €1,698 and a net result of €303. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 13604 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €558 | €1,310 | €1,384 | €1,281 | ▼ 7.5% |
| Other operating charges640/8 | - | €250 | - | - | - |
| Gross operating margin9900 | -€2,371 | €2,053 | €597 | €1,734 | ▲ 190% |
| Operating profit (loss)9901 | -€2,930 | €493 | -€787 | €453 | ▲ 158% |
| Financial income75/76B | - | €1 | €0 | €0 | = |
| Recurring financial income75 | - | €1 | €0 | €0 | = |
| Financial charges65/66B | €142 | €100 | €140 | €150 | ▲ 7.1% |
| Recurring financial charges65 | €142 | €100 | €140 | €150 | ▲ 7.1% |
| Profit (loss) for the period before taxes9903 | -€3,072 | €394 | -€927 | €303 | ▲ 133% |
| Profit (loss) for the period9904 | -€3,072 | €394 | -€927 | €303 | ▲ 133% |
| Profit (loss) for the period to be appropriated9905 | -€3,072 | €394 | -€927 | €303 | ▲ 133% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €15,971 | €11,682 | €11,349 | €5,506 | ▼ 51.5% |
| Fixed assets21/28 | €959 | €2,570 | €1,186 | €774 | ▼ 34.7% |
| Tangible fixed assets22/27 | €959 | €2,570 | €1,186 | €774 | ▼ 34.7% |
| Plant, machinery and equipment23 | €295 | €1,044 | €523 | €85 | ▼ 83.7% |
| Furniture and vehicles24 | €663 | €1,526 | €663 | €689 | ▲ 3.9% |
| Current assets29/58 | €15,012 | €9,112 | €10,164 | €4,731 | ▼ 53.4% |
| Stocks and contracts in progress3 | €1,751 | €1,698 | €1,443 | €1,217 | ▼ 15.6% |
| Stocks30/36 | €1,751 | €1,698 | €1,443 | €1,217 | ▼ 15.6% |
| Amounts receivable within one year40/41 | €178 | €337 | €2,188 | - | - |
| Trade receivables40 | - | €297 | €2,188 | - | - |
| Other amounts receivable41 | €178 | €40 | - | - | - |
| Cash at bank and in hand54/58 | €12,632 | €6,777 | €6,058 | €2,787 | ▼ 54.0% |
| Deferred charges and accrued income490/1 | €451 | €300 | €476 | €728 | ▲ 53.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €15,971 | €11,682 | €11,349 | €5,506 | ▼ 51.5% |
| Equity10/15 | €1,928 | €2,322 | €1,395 | €1,698 | ▲ 21.7% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | €5,000 | €5,000 | - | - | - |
| Other1109/19 | €5,000 | €5,000 | - | - | - |
| Profit (loss) carried forward14 | -€3,072 | -€2,678 | -€3,605 | -€3,302 | ▲ 8.4% |
| Amounts payable17/49 | €14,043 | €9,360 | €9,954 | €3,807 | ▼ 61.8% |
| Amounts payable within one year42/48 | €14,043 | €9,360 | €9,954 | €3,807 | ▼ 61.8% |
| Trade debts44 | €11,833 | - | - | €442 | - |
| Suppliers440/4 | €11,833 | - | - | €442 | - |
| Advances received on contracts in progress46 | - | - | €2,215 | - | - |
| Taxes, remuneration and social security45 | €459 | €65 | €1,512 | €550 | ▼ 63.6% |
| Taxes450/3 | €459 | €65 | €1,512 | €550 | ▼ 63.6% |
| Other amounts payable47/48 | €1,750 | €9,294 | €6,226 | €2,815 | ▼ 54.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,072 | €394 | -€927 | €303 | ▲ 133% |
| + Depreciation and write-downs630 | €558 | €1,310 | €1,384 | €1,281 | ▼ 7.5% |
| Operating cash flow (approximation) | -€2,514 | €1,704 | €457 | €1,584 | ▲ 247% |
| Investment in fixed assets (approximation) | - | -€2,921 | €0 | -€869 | - |
| Change in cash | - | -€5,856 | -€719 | -€3,271 | ▼ 355% |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0223/02G002 | Brussels | 130 m² | 1 · 123 m² | 16.3 m · 5 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.