FOSCARI

Active

Private limited companyfounded 200719 yrs activeRue d'Havré 2, 7000 Mons, BelgiumKBO/BCE: BE 0889.065.871

The computed 12-month bankruptcy probability of FOSCARI is 2.9% (moderate). The 2024 annual accounts show negative equity (€-29k) and a net result of €-13k. Equity is shrinking by ~43.6% per year across the filed fiscal years. Its solvency ranks better than 15% of 18939 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

25 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency0▼-5

Growth32=

Track record100

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.49 against 0.61 in 2023; short-term debt: 147.4% and cash: 63% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

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 2024

Solvency, return and age of the figures

Solvency

-47.4%

Return on assets

-21%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-29k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

70 d late

2023

99 d late

2022

45 d late

2021

30 d late

2020

19 d late

2019

90 d late

← before the deadline after the deadline →

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 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-13k▲ 77.9%

2023 · €-58k

2018: €10k 2019: €-18k 2020: €-33k 2021: €17k 2022: €3k 2023: €-58k

2018 → 2024

Working capital

€-46k▼ 20.0%

2023 · €-38k

2018: €17k 2019: €12k 2020: €-16k 2021: €5k 2022: €14k 2023: €-38k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€22k-€39k▲ 75.8%€42k▲ 7.8%€-16k€-29k▼ 79.3%

Operating result€-41k-€19k€7k▼ 62.0%€-53k€-7k▲ 86.3%

Net result€-33k-€17k€3k▼ 82.0%€-58k€-13k▲ 77.9%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €7k in 2024 against €53k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €61k

27.6%

72.4%

Fixed assets €17k▼ 23.5%

Current assets €44k▼ 26.8%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-2k▲

2023 · €-48k

Cash flow

€-8k▲

2023 · €-52k

Solvency

-47.4%▼

2023 · -19.6%

Current ratio

0.49▼

2023 · 0.61

Quick ratio

0.49▼

2023 · 0.61

Debt / equity

-3.11▲

2023 · -6.10

ROA

-21.0%▲

2023 · -70.2%

Interest coverage

-0.38▲

2023 · -10.12

Debt

€90k▼

2023 · €99k

Debt ≤ 1 year

€90k▼

2023 · €99k

Staff costs

€209k▼

2023 · €245k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€82k€61k▼

Fixed assets21/28€22k€17k▼

Tangible fixed assets22/27€21k€16k▼

Plant, machinery and equipment23€20k€16k▼

Furniture and vehicles24€270-

Financial fixed assets28€1k€1k=

Current assets29/58€60k€44k▼

Amounts receivable within one year40/41€10k€6k▼

Other amounts receivable41€10k€6k▼

Cash at bank and in hand54/58€51k€38k▼

Deferred charges and accrued income490/1€14€14▲

Equity and liabilities

Total equity and liabilities10/49€82k€61k▼

Equity10/15€-16k€-29k▼

Contributions10/11€60k€60k=

Reserves13€65k€65k=

Non-distributable reserves130/1€6k€6k=

Reserves not available under the articles1311€6k€6k=

Distributable reserves133€59k€59k=

Profit (loss) carried forward14€-141k€-154k▼

Amounts payable17/49€99k€90k▼

Amounts payable within one year42/48€99k€90k▼

Current portion of amounts payable after more than one year42€5k€6k▲

Financial debts43€8k-

Credit institutions430/8€8k-

Trade debts44€41k€34k▼

Suppliers440/4€41k€34k▼

Taxes, remuneration and social security45€43k€47k▲

Taxes450/3€16k€13k▼

Remuneration and social security454/9€27k€33k▲

Other amounts payable47/48€2k€3k▲

Income statement Code20232024

Remuneration, social security and pensions62€245k€209k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼

Other operating charges640/8€7k€6k▼

Gross operating margin9900€204k€213k▲

Operating profit (loss)9901€-53k€-7k▲

Financial charges65/66B€5k€6k▲

Recurring financial charges65€5k€6k▲

Profit (loss) for the period before taxes9903€-58k€-13k▲

Profit (loss) for the period9904€-58k€-13k▲

Profit (loss) for the period to be appropriated9905€-58k€-13k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-141k€-154k▼

Profit (loss) brought forward from the previous period14P€-83k€-141k▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

09-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 70 days late

2024

07-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 99 days late

2023

31-12

Financial Weakest financial yearnet €-58k ▼2021%

Net result drops to €-58k, the lowest in the series; recovery starts the following year.

14-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 45 days late

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Back to profitnet €17k

Net result €17k after 2 loss-making years.

19-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 19 days late

2020

29-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 90 days late

2019

25-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

16-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 16 days late

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 29 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Mons · 1 establishment unit since 2007

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.

Rue d'Havré 27000 Mons

Ground area

77 m²

Building footprint

76 m²

Volume, LiDAR

1,219 m³

Parcel 53053H0260/00A000, Wallonia · tallest building 18.1 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

La Primavera

Rue d'Havré 2, 7000 MonsNACE 55301

since 20072.166.438.184

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53053H0260/00A000	Wallonia	77 m²	1 · 76 m²	18.1 m · 6 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

Mons2.166.438.184

1 permission

Toelating · Eetgelegenheid · since 10-09-2007

Similar companies · same sector, comparable size

Middelkerke · Eq €42k

Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 9,743 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded27-04-2007

Fiscal year end31-12

Activities, NACEBEL

55301

56101Full-service restaurants

56111Full-service restaurants

Sources

Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.