Gastrobar Cirk
ActiveThe computed 12-month bankruptcy probability of Gastrobar Cirk is 4.2% (elevated). The 2025 annual accounts show equity of €67k and a net result of €55k. Its solvency ranks better than 40% of 13270 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
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+77
Solvency44▲+10
Growth78
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 0.72 in 2024; short-term debt: 47.5% and cash: 42.6% of total assets), and 81% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-10-2025, 22 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
22 d early
2024
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€67k▲ 456%
2024 · €12k
2024: €12k
2024 → 2025
Total assets
€353k▲ 159%
2024 · €136k
2024: €136k
2024 → 2025
Net result
€55k
2024 · €-8k
2024: €-8k
2024 → 2025
Working capital
€2k
2024 · €-20k
2024: €-20k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€12k-€67k▲ 456%
Operating result€-8k-€68k
Net result€-8k-€55k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €68k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353k
Fixed assets
€183k▲ 119%
Current assets
€169k▲ 222%
Equity and liabilities €353k
Equity
€67k▲ 456%
Debt
€286k▲ 130%
The debt ratio falls from 91.1% to 81.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▲
2024 · €-5k
Cash flow
€78k▲
2024 · €-5k
Solvency
19.0%▲
2024 · 8.9%
Current ratio
1.01▲
2024 · 0.72
Quick ratio
0.95▲
2024 · 0.72
Debt / equity
4.26▼
2024 · 10.29
ROE
82.0%▲
2024 · -65.6%
ROA
15.6%▲
2024 · -5.8%
Interest coverage
13.00▲
2024 · -75.94
Debt
€286k▲
2024 · €124k
Debt ≤ 1 year
€168k▲
2024 · €73k
Debt > 1 year
€118k▲
2024 · €51k
Income taxes
€7k
Staff costs
€97k
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€136k€353k▲
Formation expenses20€0€0=
Fixed assets21/28€84k€183k▲
Tangible fixed assets22/27€83k€181k▲
Land and buildings22€71k€140k▲
Plant, machinery and equipment23€4k€23k▲
Furniture and vehicles24€9k€18k▲
Financial fixed assets28€550€3k▲
Current assets29/58€53k€169k▲
Stocks and contracts in progress3-€11k
Stocks30/36-€11k
Amounts receivable within one year40/41€9k€8k▼
Trade receivables40€1k€5k▲
Other amounts receivable41€8k€2k▼
Cash at bank and in hand54/58€43k€150k▲
Deferred charges and accrued income490/1€41€880▲
Equity and liabilities
Total equity and liabilities10/49€136k€353k▲
Equity10/15€12k€67k▲
Contributions10/11€20k€20k=
Reserves13-€47k
Distributable reserves133-€47k
Profit (loss) carried forward14€-8k-
Amounts payable17/49€124k€286k▲
Amounts payable after more than one year17€51k€118k▲
Financial debts170/4€51k€118k▲
Amounts payable within one year42/48€73k€168k▲
Current portion of amounts payable after more than one year42€13k€26k▲
Trade debts44€523€28k▲
Suppliers440/4€523€28k▲
Taxes, remuneration and social security45-€32k
Taxes450/3-€21k
Remuneration and social security454/9-€11k
Other amounts payable47/48€60k€82k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€97k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€23k▲
Other operating charges640/8€104€334▲
Gross operating margin9900€-5k€189k▲
Operating profit (loss)9901€-8k€68k▲
Financial income75/76B-€424
Recurring financial income75-€424
Financial charges65/66B€68€7k▲
Recurring financial charges65€68€7k▲
Profit (loss) for the period before taxes9903€-8k€62k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€-8k€55k▲
Profit (loss) for the period to be appropriated9905€-8k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€47k▲
Profit (loss) brought forward from the previous period14P-€-8k
Transfer to equity691/2-€47k
To other reserves6921-€47k
The notes to these accounts (8 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
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Poperinge · 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.
Ieperstraat 1238970 PoperingeGround area
1,512 m²
Building footprint
1,098 m²
Volume, LiDAR
7,792 m³
2 parcels, Flanders · tallest building 15.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gastrobar Cirk
since 20222.337.184.118
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021F1082/00F000 | Flanders | 1,401 m² | 1 · 1,020 m² | 15.3 m · 2 fl. |
| 33021F0465/00C000 | Flanders | 110 m² | 1 · 78 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 sitePoperinge2.337.184.118
Similar companies · same sector, comparable size
E.P. EVENTS
BE 0479.416.362
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DEMAKENGI
BE 0472.369.907
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ZITTA
BE 0721.402.559
Turnhout · Eq €67k
VIEUX MILA
BE 0863.231.902
Sint-Gillis (bij-Brussel) · Eq €67k
DUINDOORN
BE 0469.003.413
Bredene · Eq €67k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,848 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2022
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56301Cafés and bars
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.