Gelkle Horeca
ActiveGelkle Horeca has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €286k and a net result of €10k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 18939 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+38
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 7.66 against 8.46 in 2023; short-term debt: 12.4% and cash: 79.8% of total assets), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
31 d early
2021
9 d early
2020
29 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€286k▲ 3.5%
2023 · €276k
2018: €211k
2019: €260k
2020: €273k
2021: €290k
2022: €297k
2023: €276k
2018 → 2024
Total assets
€326k▲ 5.0%
2023 · €310k
2018: €303k
2019: €295k
2020: €293k
2021: €381k
2022: €327k
2023: €310k
2018 → 2024
Net result
€10k
2023 · €-914
2018: €59k
2019: €49k
2020: €13k
2021: €77k
2022: €7k
2023: €-914
2018 → 2024
Working capital
€269k▲ 4.2%
2023 · €258k
2018: €179k
2019: €236k
2020: €245k
2021: €269k
2022: €276k
2023: €258k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€273k-€290k▲ 6.4%€297k▲ 2.3%€276k▼ 7.0%€286k▲ 3.5%
Operating result€14k-€101k▲ 617%€12k▼ 87.9%€263▼ 97.8%€16k▲ 6,065%
Net result€13k-€77k▲ 492%€7k▼ 91.4%€-914€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6,065% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €326k
Fixed assets
€17k▼ 6.4%
Current assets
€309k▲ 5.7%
Equity and liabilities €326k
Equity
€286k▲ 3.5%
Debt
€40k▲ 16.9%
The debt ratio rises from 11.1% to 12.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▲
2023 · €4k
Cash flow
€14k▲
2023 · €3k
Solvency
87.6%▼
2023 · 88.9%
Current ratio
7.66▼
2023 · 8.46
Quick ratio
7.06▼
2023 · 7.88
Debt / equity
0.14▲
2023 · 0.13
ROE
3.4%▲
2023 · -0.3%
ROA
3.0%▲
2023 · -0.3%
Interest coverage
7.75▲
2023 · 1.85
Debt
€40k▲
2023 · €35k
Debt ≤ 1 year
€40k▲
2023 · €35k
Income taxes
€5k▲
2023 · €366
Staff costs
€236k▲
2023 · €223k
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€310k€326k▲
Fixed assets21/28€18k€17k▼
Tangible fixed assets22/27€18k€17k▼
Land and buildings22€10k€8k▼
Plant, machinery and equipment23€4k€6k▲
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€761€0▼
Current assets29/58€292k€309k▲
Stocks and contracts in progress3€20k€24k▲
Stocks30/36€20k€24k▲
Amounts receivable within one year40/41€31k€25k▼
Trade receivables40€2k€1k▼
Other amounts receivable41€29k€24k▼
Cash at bank and in hand54/58€241k€260k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€310k€326k▲
Equity10/15€276k€286k▲
Contributions10/11€5k€5k=
Reserves13€271k€281k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€271k€281k▲
Amounts payable17/49€35k€40k▲
Amounts payable within one year42/48€35k€40k▲
Trade debts44€11k€23k▲
Suppliers440/4€11k€23k▲
Taxes, remuneration and social security45€23k€18k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€17k€15k▼
Income statement
Code20232024
Remuneration, social security and pensions62€223k€236k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€7k€5k▼
Gross operating margin9900€235k€261k▲
Operating profit (loss)9901€263€16k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-548€15k▲
Income taxes67/77€366€5k▲
Profit (loss) for the period9904€-914€10k▲
Profit (loss) for the period to be appropriated9905€-914€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-914€10k▲
Transfer from equity791/2€914€0▼
Transfer to equity691/2€0€10k▲
To other reserves6921€0€10k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-914 ▼114%
Net result drops to €-914, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 10.03
Current ratio from 3.95 to 10.03; short-term debt falls from €91k to €31k.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €77k ▲492%
Operating result €101k, net result €77k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 7.78
Current ratio from 2.95 to 7.78; short-term debt falls from €92k to €35k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Truiden · 1 establishment unit since 2000
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.
Grote Markt 343800 Sint-TruidenGround area
117 m²
Building footprint
117 m²
Volume, LiDAR
1,142 m³
Parcel 71053H0972/00A000, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KLEINE BACHUS
since 20002.092.896.447
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H0972/00A000 | Flanders | 117 m² | 1 · 117 m² | 15.8 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 siteSint-Truiden2.092.896.447
Similar companies · same sector, comparable size
RISTORANTE - PIZZERIA DAVIDE
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WUSHAN
BE 0785.902.017
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Les Années Folles
BE 0662.930.563
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ORIENTAL PALACE
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 7,788 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-1999
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.