GUSTO
ActiveThe file of GUSTO contains 2 judicial reorganisations, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 11.7% (high). The 2025 annual accounts show negative equity (€-397k) and a net result of €54k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 810 sector peers (fiscal year 2025).
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-20
Solvency0=
Growth52=
Track record60
Bankruptcy probability, 12 months
11.7%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.89 against 1.51 in 2024; short-term debt: 44.2% and cash: 2.1% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-51.5%
Return on assets
7.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 810 sector peers (2025).
NBB · sector comparisonPosition among 810 sector peers
Solvency
better than 13%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
on the day
2023
78 d late
2023
1 d early
2022
8 d late
2021
34 d early
2020
32 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€114k▼ 94.3%
2020 · €2.01M
2019: €2.35M
2020: €2.01M
2019 → 2021
EBIT margin
5.1%▲ 4.8pp
2020 · 0.4%
2019: -6.5%
2020: 0.4%
2019 → 2021
Net result
€54k▼ 76.3%
2024 · €229k
2019: €-212k
2020: €-5k
2021: €-13k
2022: €456k
2023: €1.12M
2023: €248k
2024: €229k
2019 → 2025
Working capital
€304k▲ 34.4%
2024 · €226k
2019: €-1.24M
2020: €434k
2021: €434k
2022: €-692k
2023: €19k
2023: €276k
2024: €226k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Equity€-610k-€510k€752k▲ 47.6%€-451k€-397k▲ 12.1%
Operating result€610k-€1.13M▲ 85.1%€248k▼ 78.1%€233k▼ 6.0%€64k▼ 72.5%
Net result€456k-€1.12M▲ 145%€248k▼ 77.9%€229k▼ 7.4%€54k▼ 76.3%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €771k
Fixed assets
€126k ▼ 60.8%
Current assets
€644k ▼ 3.3%
Key figures and ratios
EBITDA
€94k▼
2024 · €285k
Cash flow
€85k▼
2024 · €281k
Solvency
-51.5%▼
2024 · -45.6%
Current ratio
1.89▲
2024 · 1.51
Quick ratio
1.88▲
2024 · 1.51
Debt to equity
-2.94▲
2024 · -3.19
ROA
7.1%▼
2024 · 23.2%
Interest coverage
10.51▼
2024 · 129.27
Debt
€1.17M▼
2024 · €1.44M
Debt ≤ 1 year
€340k▼
2024 · €440k
Debt > 1 year
€827k▼
2024 · €1.00M
Income taxes
€770▼
2024 · €1k
Staff costs
€442k▼
2024 · €450k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€989k€771k▼
Fixed assets21/28€322k€126k▼
Tangible fixed assets22/27€301k€108k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€54k€36k▼
Other tangible fixed assets26€236k€64k▼
Financial fixed assets28€21k€19k▼
Current assets29/58€666k€644k▼
Stocks and contracts in progress3€2k€5k▲
Stocks30/36€2k€5k▲
Amounts receivable within one year40/41€568k€615k▲
Trade receivables40€131k€166k▲
Other amounts receivable41€437k€450k▲
Cash at bank and in hand54/58€89k€16k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€989k€771k▼
Equity10/15€-451k€-397k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.34M€1.34M=
Tax-exempt reserves132€1.34M€1.34M=
Profit (loss) carried forward14€-1.86M€-1.80M▲
Amounts payable17/49€1.44M€1.17M▼
Amounts payable after more than one year17€1.00M€827k▼
Financial debts170/4€1.00M€827k▼
Amounts payable within one year42/48€440k€340k▼
Financial debts43€1k€2k▲
Other loans439€1k€2k▲
Trade debts44€354k€302k▼
Suppliers440/4€354k€302k▼
Taxes, remuneration and social security45€58k€36k▼
Taxes450/3€21k€13k▼
Remuneration and social security454/9€37k€23k▼
Other amounts payable47/48€27k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€450k€442k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€30k▼
Other operating charges640/8€4k€10k▲
Non-recurring operating charges66A€58k€113k▲
Gross operating margin9900€797k€660k▼
Operating profit (loss)9901€233k€64k▼
Financial income75/76B€23€60▲
Recurring financial income75€23€60▲
Financial charges65/66B€2k€9k▲
Recurring financial charges65€2k€9k▲
Profit (loss) for the period before taxes9903€231k€55k▼
Income taxes67/77€1k€770▼
Profit (loss) for the period9904€229k€54k▼
Profit (loss) for the period to be appropriated9905€229k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.86M€-1.80M▲
Profit (loss) brought forward from the previous period14P€-2.09M€-1.86M▲
Social balance
Average headcount (FTE)90878.34.1▼
The notes to these accounts (18 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 78 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
Financial
Highest result since 2019net €1.12M ▲145%
Operating result €1.13M, net result €1.12M, both a record.
31-07
Financial
Liquidity doublescurrent ratio 1.03
Current ratio from 0.50 to 1.03; short-term debt falls from €1.38M to €570k.
31-07
Financial
Equity above €500kEq €510k
2 profitable years in a row build equity to €510k.
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
18-10
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Antwerpen · 20220031 · event 12-10-2022
31-07
Financial
Back to profitnet €456k
Net result €456k after 3 loss-making years.
20-07
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif · event 15-07-2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
Financial
Liquidity triplescurrent ratio 1.22
Current ratio from 0.45 to 1.22; short-term debt falls from €2.26M to €2.00M.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Schoten · 1 establishment unit since 2023
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.
Kopstraat 346-3482900 SchotenGround area
1,123 m²
Building footprint
535 m²
Volume, LiDAR
2,637 m³
Parcel 11442C0012/00D008, Flanders · tallest building 15.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kopstraat 346-348, 2900 Schoten
since 20232.359.956.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0012/00D008 | Flanders | 1,123 m² | 1 · 535 m² | 15.2 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 siteSchoten2.359.956.748
Similar companies · same sector, comparable size
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BE 0444.282.566
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Raymond
BE 0763.659.719
Gent · Eq €751,526
't Zonneken
BE 0466.596.229
Sint-Niklaas · Eq €751,372
VENISE
BE 0425.195.639
Koksijde · Eq €753,388
CHALET WESTHINDER
BE 0675.384.472
De Haan · Eq €754,040
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 5,083 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 formPublic limited company
Founded13-08-1999
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.