FRAME
ActiveFRAME has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €21k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 3657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-3
Solvency97▲+9
Growth38=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 2.17 in 2024; short-term debt: 21.9% and cash: 45.8% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
72.4%
Return on assets
8.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €171k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
13 d late
2023
13 d early
2022
29 d late
2021
30 d late
2020
30 d late
2019
31 d late
← 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€123k▼ 51.8%
2019 · €256k
2018: €291k
2019: €256k
2018 → 2020
EBIT margin
-30.0%▼ 31.5pp
2019 · 1.5%
2018: 0.0%
2019: 1.5%
2018 → 2020
Net result
€21k▼ 21.6%
2024 · €26k
2018: €-1k
2019: €2k
2020: €-38k
2021: €-42k
2022: €864
2023: €-10k
2024: €26k
2018 → 2025
Working capital
€93k▲ 27.6%
2024 · €72k
2018: €106k
2019: €118k
2020: €101k
2021: €75k
2022: €71k
2023: €70k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€134k▲ 0.6%€124k▼ 7.6%€150k▲ 21.2%€171k▲ 13.7%
Operating result€-40k-€2k€2k▼ 14.9%€29k▲ 1,396%€6k▼ 79.3%
Net result€-42k-€864€-10k€26k€21k▼ 21.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€92k▼ 11.1%
Current assets
€144k▲ 7.1%
Equity and liabilities €236k
Equity
€171k▲ 13.7%
Debt
€65k▼ 25.6%
The debt ratio falls from 36.9% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €47k
Cash flow
€34k▼
2024 · €44k
Solvency
72.4%▲
2024 · 63.1%
Current ratio
2.79▲
2024 · 2.17
Quick ratio
2.62▲
2024 · 2.03
Debt / equity
0.38▼
2024 · 0.58
ROE
12.0%▼
2024 · 17.5%
ROA
8.7%▼
2024 · 11.0%
Interest coverage
8.94▼
2024 · 15.92
Debt
€65k▼
2024 · €88k
Debt ≤ 1 year
€52k▼
2024 · €62k
Debt > 1 year
€12k▼
2024 · €24k
Income taxes
€-112▼
2024 · €485
Staff costs
€26k▼
2024 · €27k
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€238k€236k▼
Fixed assets21/28€104k€92k▼
Tangible fixed assets22/27€104k€92k▼
Land and buildings22€23k€17k▼
Plant, machinery and equipment23€80k€75k▼
Furniture and vehicles24€939€0▼
Assets under construction and advance payments27€0-
Current assets29/58€135k€144k▲
Stocks and contracts in progress3€8k€8k▲
Stocks30/36€8k€8k▲
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€6k€4k▼
Other amounts receivable41€678€260▼
Current investments50/53€34k€23k▼
Cash at bank and in hand54/58€83k€108k▲
Deferred charges and accrued income490/1€2k€288▼
Equity and liabilities
Total equity and liabilities10/49€238k€236k▼
Equity10/15€150k€171k▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€76k€97k▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€12k€12k=
Distributable reserves133€57k€78k▲
Amounts payable17/49€88k€65k▼
Amounts payable after more than one year17€24k€12k▼
Financial debts170/4€24k€12k▼
Amounts payable within one year42/48€62k€52k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Advances received on contracts in progress46€0€210▲
Taxes, remuneration and social security45€15k€12k▼
Taxes450/3€10k€7k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€31k€23k▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€27k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€13k▼
Other operating charges640/8€5k€4k▼
Gross operating margin9900€80k€50k▼
Operating profit (loss)9901€29k€6k▼
Financial income75/76B€728€17k▲
Recurring financial income75€728€17k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€27k€20k▼
Income taxes67/77€485€-112▼
Profit (loss) for the period9904€26k€21k▼
Profit (loss) for the period to be appropriated9905€26k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€21k▼
Transfer from equity791/2€0-
Transfer to equity691/2€26k€21k▼
To other reserves6921€26k€21k▼
The notes to these accounts (10 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Equity above €150kEq €150k ▲21.2%
Equity rises from €124k to €150k.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €864
Net result €864 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waimes · 1 establishment unit since 1994
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.
Merkem,Thirimont 44950 WaimesGround area
439 m²
Building footprint
329 m²
Volume, LiDAR
2,206 m³
Parcel 63080L0201/00H000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LA FAITAFONDUE
since 19942.068.907.555
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63080L0201/00H000 | Wallonia | 439 m² | 1 · 329 m² | 8.6 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 siteWaimes/Weismes2.068.907.555
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OP 'T HOF
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 8,846 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-06-1994
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56111Full-service restaurants
56302Nightclubs
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 32 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.