Grote
ActiveGrote has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €10k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 88% of 13091 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-4
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.74 against 3.29 in 2024; short-term debt: 23.8% and cash: 49.6% of total assets), and 23.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
76.2%
Return on assets
5.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 filingsDeviation from the deadline
2025
24 d late
2024
13 d late
2023
34 d early
2022
30 d late
2021
45 d early
2020
89 d late
2019
30 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€140k▲ 7.6%
2024 · €130k
2019: €54k
2020: €65k
2021: €61k
2022: €107k
2023: €116k
2024: €130k
2019 → 2025
Total assets
€184k▲ 6.6%
2024 · €173k
2019: €56k
2020: €67k
2021: €65k
2022: €136k
2023: €157k
2024: €173k
2019 → 2025
Net result
€10k▼ 29.6%
2024 · €14k
2019: €11k
2020: €11k
2021: €-4k
2022: €46k
2023: €9k
2024: €14k
2019 → 2025
Working capital
€120k▲ 24.1%
2024 · €97k
2019: €31k
2020: €34k
2021: €56k
2022: €90k
2023: €84k
2024: €97k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€107k▲ 75.0%€116k▲ 8.3%€130k▲ 12.1%€140k▲ 7.6%
Operating result€-3k-€61k€11k▼ 81.5%€19k▲ 63.1%€13k▼ 32.4%
Net result€-4k-€46k€9k▼ 80.8%€14k▲ 58.1%€10k▼ 29.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets
€20k▼ 40.3%
Current assets
€164k▲ 17.9%
Equity and liabilities €184k
Equity
€140k▲ 7.6%
Debt
€44k▲ 3.5%
The debt ratio falls from 24.5% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2024 · €31k
Cash flow
€23k▼
2024 · €27k
Solvency
76.2%▲
2024 · 75.5%
Current ratio
3.74▲
2024 · 3.29
Quick ratio
3.74▲
2024 · 3.29
Debt / equity
0.31▼
2024 · 0.33
ROE
7.0%▼
2024 · 10.8%
ROA
5.4%▼
2024 · 8.1%
Interest coverage
41.58▼
2024 · 49.34
Debt
€44k▲
2024 · €42k
Debt ≤ 1 year
€44k▲
2024 · €42k
Income taxes
€5k▼
2024 · €6k
Staff costs
€61k▲
2024 · €46k
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€173k€184k▲
Fixed assets21/28€34k€20k▼
Tangible fixed assets22/27€34k€20k▼
Plant, machinery and equipment23€607€404▼
Furniture and vehicles24€33k€19k▼
Financial fixed assets28-€135
Current assets29/58€139k€164k▲
Amounts receivable within one year40/41€73k€72k▼
Trade receivables40€11k€3k▼
Other amounts receivable41€62k€69k▲
Cash at bank and in hand54/58€64k€91k▲
Deferred charges and accrued income490/1€2k€714▼
Equity and liabilities
Total equity and liabilities10/49€173k€184k▲
Equity10/15€130k€140k▲
Contributions10/11€19k€19k=
Reserves13€112k€121k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€110k€120k▲
Amounts payable17/49€42k€44k▲
Amounts payable within one year42/48€42k€44k▲
Trade debts44€26k€27k▲
Suppliers440/4€26k€27k▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€8k€7k▼
Income statement
Code20242025
Remuneration, social security and pensions62€46k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€82k€90k▲
Operating profit (loss)9901€19k€13k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€634€630▼
Recurring financial charges65€634€630▼
Profit (loss) for the period before taxes9903€20k€15k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€14k€10k▼
Profit (loss) for the period to be appropriated9905€14k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€10k▼
Transfer to equity691/2€14k€10k▼
To other reserves6921€14k€10k▼
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
31-12
Financial
Equity above €100kEq €107k ▲75%
Equity rises from €61k to €107k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-4k ▼133%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Stekene · 1 establishment unit since 2004
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.
Voorthoekdreef 2029190 StekeneGround area
1,963 m²
Building footprint
171 m²
Volume, LiDAR
787 m³
2 parcels, Flanders · tallest building 17.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Happy Kitchen
since 20042.137.649.871
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46322D1278/00F000 | Flanders | 1,053 m² | 1 · 60 m² | 17.3 m · 2 fl. |
| 46322D1280/00E003 | Flanders | 911 m² | 1 · 111 m² | 9.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 5,568 EUR awarded · 5,568 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 262 EUR | 262 EUR |
| 2022 | 1 | 5,306 EUR | 5,306 EUR |
Schemes
Vlaams Beschermingsmechanisme 10 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteStekene2.137.649.871
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POIVRE ET SEL CONCEPT
BE 0825.052.306
Ans · Eq €140k
CEMAB
BE 0826.300.636
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Woest
BE 0670.499.236
Gent · Eq €140k
Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 7,363 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-2003
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56120Mobile food service activities
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.