IL BACIO
ActiveSummary
The computed 12-month bankruptcy probability of IL BACIO is 1.8% (moderate). The 2024 annual accounts show equity of €93,614 and a net result of €29,242. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 18940 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability98▲+39
Solvency100▲+11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 4.1 against 7.12 in 2023; short-term debt: 21.5% and cash: 42.8% of total assets), and 25.3% of the assets are financed with debt.
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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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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
not confirmed
2024
18 d late
2023
25 d late
2022
on the day
2021
2 d early
2020
21 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€93,614▲ 45.4%
2023 · €64,371
Total assets
€125,357▲ 23.9%
2023 · €101,185
Net result
€29,242▲ 693%
2023 · €3,686
Working capital
€83,327▲ 22.9%
2023 · €67,801
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€33,605▲ 109%€18,034▼ 46.3%-€4,493€9,386€44,604▲ 375%
Net result€27,763above the sector's middle half▲ 134%€13,363within the sector's middle half▼ 51.9%-€8,061within the sector's middle half€3,686within the sector's middle half€29,242above the sector's middle half▲ 693%
Equity€55,383within the sector's middle half▲ 101%€68,746within the sector's middle half▲ 24.1%€60,685within the sector's middle half▼ 11.7%€64,371within the sector's middle half▲ 6.1%€93,614above the sector's middle half▲ 45.4%
Total assets€72,241within the sector's middle half▲ 48.1%€85,883within the sector's middle half▲ 18.9%€92,725within the sector's middle half▲ 8.0%€101,185within the sector's middle half▲ 9.1%€125,357within the sector's middle half▲ 23.9%
Debt€16,858▼ 20.4%€17,137▲ 1.7%€32,040▲ 87.0%€36,814▲ 14.9%€31,743▼ 13.8%
Working capital€43,542above the sector's middle half▲ 170%€52,656above the sector's middle half▲ 20.9%€45,364above the sector's middle half▼ 13.8%€67,801above the sector's middle half▲ 49.5%€83,327above the sector's middle half▲ 22.9%
Solvency76.7%above the sector's middle half▲ 20.1pp80.0%above the sector's middle half▲ 3.4pp65.4%above the sector's middle half▼ 14.6pp63.6%above the sector's middle half▼ 1.8pp74.7%above the sector's middle half▲ 11.1pp
Current ratio3.65above the sector's middle half▲ 1.774.71above the sector's middle half▲ 1.063.73above the sector's middle half▼ 0.987.12above the sector's middle half▲ 3.394.10above the sector's middle half▼ 3.02
Return on assets (ROA)38.4%above the sector's middle half▲ 14.1pp15.6%within the sector's middle half▼ 22.9pp-8.7%within the sector's middle half▼ 24.3pp3.6%within the sector's middle half▲ 12.3pp23.3%above the sector's middle half▲ 19.7pp
Staff (FTE)1.8within the sector's middle half▲ 5.9%2.3▲ 27.8%2.5▲ 8.7%1▼ 60.0%1.4▲ 40.0%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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 two years in a row; 2024 is 375% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125,357
Fixed assets
€15,137 ▼ 32.1%
Current assets
€110,220 ▲ 39.7%
Equity and liabilities €125,357
Equity
€93,614 ▲ 45.4%
Debt
€31,743 ▼ 13.8%
Debt's share of the balance-sheet total falls from 36.4% to 25.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51,775▲
2023 · €19,226
Cash flow
€36,413▲
2023 · €13,526
Quick ratio
3.96▼
2023 · 6.81
Debt to equity
0.34▼
2023 · 0.57
ROE
31.2%▲
2023 · 5.7%
Interest coverage
13.68▲
2023 · 4.28
Debt ≤ 1 year
€26,893▲
2023 · €11,076
Debt > 1 year
€4,850▼
2023 · €10,738
Income taxes
€11,701▲
2023 · €1,763
Staff costs
€27,483=
2023 · €27,495
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €33,694 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €148,553 | - | €248,326 | - | - |
| Remuneration, social security and pensions62 | - | €43,205 | €64,425 | €27,495 | €27,483 | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,948 | €7,436 | €11,176 | €9,840 | €7,171 | ▼ 27.1% |
| Other operating charges640/8 | - | €2,618 | €2,798 | €2,700 | €19,804 | ▲ 634% |
| Non-recurring operating charges66A | - | - | - | €15,000 | - | - |
| Gross operating margin9900 | €79,974 | €71,292 | €73,906 | €64,421 | €99,062 | ▲ 53.8% |
| Operating profit (loss)9901 | €33,605 | €18,034 | -€4,493 | €9,386 | €44,604 | ▲ 375% |
| Financial income75/76B | - | €492 | €713 | €554 | €124 | ▼ 77.6% |
| Recurring financial income75 | €397 | €492 | €713 | €554 | €124 | ▼ 77.6% |
| Financial charges65/66B | - | €881 | €4,280 | €4,492 | €3,785 | ▼ 15.7% |
| Recurring financial charges65 | €619 | €881 | €4,280 | €4,492 | €3,785 | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | €33,382 | €17,645 | -€8,061 | €5,449 | €40,943 | ▲ 651% |
| Income taxes67/77 | €5,620 | €4,281 | - | €1,763 | €11,701 | ▲ 564% |
| Profit (loss) for the period9904 | €27,763 | €13,363 | -€8,061 | €3,686 | €29,242 | ▲ 693% |
| Profit (loss) for the period to be appropriated9905 | €27,763 | €13,363 | -€8,061 | €3,686 | €29,242 | ▲ 693% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72,241 | €85,883 | €92,725 | €101,185 | €125,357 | ▲ 23.9% |
| Fixed assets21/28 | €12,264 | €19,038 | €30,770 | €22,308 | €15,137 | ▼ 32.1% |
| Tangible fixed assets22/27 | €11,189 | €17,963 | €29,695 | €21,233 | €14,062 | ▼ 33.8% |
| Plant, machinery and equipment23 | - | €6,976 | €4,352 | €2,545 | €723 | ▼ 71.6% |
| Furniture and vehicles24 | - | €7,448 | €5,969 | €4,050 | €2,701 | ▼ 33.3% |
| Leasing and similar rights25 | - | €3,539 | €19,374 | €14,638 | €10,638 | ▼ 27.3% |
| Financial fixed assets28 | €1,075 | €1,075 | €1,075 | €1,075 | €1,075 | = |
| Current assets29/58 | €59,977 | €66,845 | €61,955 | €78,877 | €110,220 | ▲ 39.7% |
| Stocks and contracts in progress3 | €3,369 | €3,019 | €3,204 | €3,466 | €3,720 | ▲ 7.3% |
| Stocks30/36 | - | €3,019 | €3,204 | €3,466 | €3,720 | ▲ 7.3% |
| Amounts receivable within one year40/41 | €14,513 | €10,740 | €15,478 | €45,791 | €52,853 | ▲ 15.4% |
| Trade receivables40 | - | €0 | €5,424 | €0 | - | - |
| Other amounts receivable41 | - | €10,740 | €10,054 | €45,791 | €52,853 | ▲ 15.4% |
| Cash at bank and in hand54/58 | €42,096 | €53,086 | €43,274 | €28,620 | €53,646 | ▲ 87.4% |
| Deferred charges and accrued income490/1 | - | - | - | €999 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72,241 | €85,883 | €92,725 | €101,185 | €125,357 | ▲ 23.9% |
| Equity10/15 | €55,383 | €68,746 | €60,685 | €64,371 | €93,614 | ▲ 45.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €12,400 | €12,400 | - | - | - |
| Reserves13 | €8,665 | €22,028 | €22,028 | €22,028 | €22,028 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €20,168 | €20,168 | €20,168 | €20,168 | = |
| Profit (loss) carried forward14 | €40,518 | €40,518 | €32,458 | €36,144 | €65,386 | ▲ 80.9% |
| Amounts payable17/49 | €16,858 | €17,137 | €32,040 | €36,814 | €31,743 | ▼ 13.8% |
| Amounts payable after more than one year17 | €423 | €2,948 | €15,448 | €10,738 | €4,850 | ▼ 54.8% |
| Financial debts170/4 | - | €2,948 | €15,448 | €10,738 | €4,850 | ▼ 54.8% |
| Amounts payable within one year42/48 | €16,435 | €14,189 | €16,591 | €11,076 | €26,893 | ▲ 143% |
| Current portion of amounts payable after more than one year42 | - | €1,013 | €4,459 | €4,710 | €5,411 | ▲ 14.9% |
| Trade debts44 | €1,811 | €1,271 | €2,578 | €4,704 | €988 | ▼ 79.0% |
| Suppliers440/4 | - | €1,271 | €2,578 | €4,704 | €988 | ▼ 79.0% |
| Taxes, remuneration and social security45 | - | €11,904 | €9,554 | €1,662 | €20,494 | ▲ 1,133% |
| Taxes450/3 | - | €8,378 | €5,679 | €358 | €13,826 | ▲ 3,764% |
| Remuneration and social security454/9 | - | €3,526 | €3,875 | €1,304 | €6,668 | ▲ 411% |
| Other amounts payable47/48 | - | €0 | €0 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €15,000 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,763 | €13,363 | -€8,061 | €3,686 | €29,242 | ▲ 693% |
| + Depreciation and write-downs630 | €4,948 | €7,436 | €11,176 | €9,840 | €7,171 | ▼ 27.1% |
| Operating cash flow (approximation) | €32,710 | €20,799 | €3,115 | €13,526 | €36,413 | ▲ 169% |
| Investment in fixed assets (approximation) | - | -€14,211 | -€22,908 | -€1,379 | €0 | ▲ 100% |
| Change in cash | - | €10,990 | -€9,812 | -€14,654 | €25,025 | ▲ 271% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Highest result since 2018net €29,242 ▲693%
Operating result €44,604, net result €29,242, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial
Back to profitnet €3,686
Net result €3,686 after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€8,061
Net result drops to -€8,061, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
03-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 34 days late
2016
04-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 35 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Liège · 1 establishment unit since 2013
Ground area
65 m²
Building footprint
53 m²
Volume, LiDAR
646 m³
Parcel 62817B0731/00R000, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
IL BACIO
since 20132.215.813.956
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0731/00R000 | Wallonia | 65 m² | 1 · 53 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 siteLiège2.215.813.956
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 7,904 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0502350825
Registered
26-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.