GAZETTE
ActiveSummary
GAZETTE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €19k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 48% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-4
Solvency54▲+3
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.9 in 2024; short-term debt: 35.2% and cash: 22.8% of total assets), and 71.5% 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.
−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
28.5%
Return on assets
10.2%
Age of the figures
12 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 €53k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
2 d early
2023
25 d early
2022
27 d early
2021
11 d late
2020
4 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€53k▲ 56.0%
2024 · €34k
2018: €34k
2019: €37k
2020: €37k
2021: €16k
2022: €6k
2023: €16k
2024: €34k
2018 → 2025
Total assets
€185k▲ 40.5%
2024 · €132k
2018: €71k
2019: €70k
2020: €70k
2021: €69k
2022: €70k
2023: €82k
2024: €132k
2018 → 2025
Net result
€19k▲ 4.3%
2024 · €18k
2018: €313
2019: €3k
2020: €-22k
2021: €1k
2022: €-11k
2023: €10k
2024: €18k
2018 → 2025
Working capital
€-8k▲ 14.9%
2024 · €-9k
2018: €-12k
2019: €5k
2020: €816
2021: €-2k
2022: €-32k
2023: €-19k
2024: €-9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€6k▼ 66.4%€16k▲ 184%€34k▲ 116%€53k▲ 56.0%
Operating result€4k-€-10k€12k€27k▲ 130%€28k▲ 4.1%
Net result€1k-€-11k€10k€18k▲ 78.8%€19k▲ 4.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185k
Fixed assets
€128k ▲ 151%
Current assets
€57k ▼ 29.0%
Equity and liabilities €185k
Equity
€53k ▲ 56.0%
Debt
€132k ▲ 35.2%
Debt's share of the balance-sheet total falls from 74.3% to 71.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▲
2024 · €39k
Cash flow
€30k▲
2024 · €30k
Current ratio
0.88▼
2024 · 0.90
Quick ratio
0.84▼
2024 · 0.87
Debt to equity
2.51▼
2024 · 2.89
ROE
35.9%▼
2024 · 53.7%
ROA
10.2%▼
2024 · 13.8%
Interest coverage
9.40▼
2024 · 28.63
Debt ≤ 1 year
€65k▼
2024 · €90k
Debt > 1 year
€39k▲
2024 · €319
Income taxes
€5k▼
2024 · €8k
Staff costs
€27
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€132k€185k▲
Fixed assets21/28€51k€128k▲
Tangible fixed assets22/27€41k€118k▲
Land and buildings22€6k€67k▲
Plant, machinery and equipment23€13k€22k▲
Furniture and vehicles24€21k€29k▲
Financial fixed assets28€10k€10k=
Current assets29/58€81k€57k▼
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€37k€12k▼
Trade receivables40€26k-
Other amounts receivable41€11k€12k▲
Cash at bank and in hand54/58€40k€42k▲
Deferred charges and accrued income490/1€673€709▲
Equity and liabilities
Total equity and liabilities10/49€132k€185k▲
Equity10/15€34k€53k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€13k€32k▲
Amounts payable17/49€98k€132k▲
Amounts payable after more than one year17€319€39k▲
Financial debts170/4€319€39k▲
Amounts payable within one year42/48€90k€65k▼
Current portion of amounts payable after more than one year42-€9k
Trade debts44€69k€37k▼
Suppliers440/4€69k€37k▼
Taxes, remuneration and social security45€21k€18k▼
Taxes450/3€21k€18k▼
Accrued charges and deferred income492/3€8k€28k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€27
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€41k€42k▲
Operating profit (loss)9901€27k€28k▲
Financial income75/76B€319€32▼
Recurring financial income75€319€32▼
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€26k€24k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€18k€19k▲
Profit (loss) for the period to be appropriated9905€18k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€32k▲
Profit (loss) brought forward from the previous period14P€-5k€13k▲
The notes to these accounts (6 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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €19k ▲4.3%
Operating result €28k, net result €19k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
30-09
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-22k ▼832%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Antwerpen · 1 establishment unit since 2011
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.
Oudevaartplaats 282000 AntwerpenGround area
129 m²
Building footprint
129 m²
Volume, LiDAR
1,459 m³
Parcel 11803C0915/00F000, Flanders · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GAZETTE
since 20112.203.753.886
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C0915/00F000 | Flanders | 129 m² | 1 · 129 m² | 15.2 m · 4 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 siteAntwerpen2.203.753.886
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,837 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-10-2011
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
73110Advertising agencies
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.