IL CANTO
ActiveSummary
The computed 12-month bankruptcy probability of IL CANTO is 3.8% (moderate). The 2024 annual accounts show equity of €14,051 and a net result of -€2,745. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 18930 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability64▲+2
Solvency44▼-6
Growth60=
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.7 in 2023; short-term debt: 80.9% and cash: 25.9% of total assets), and 80.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
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 2024Solvency, return and age of the figures
Solvency
19.1%
Return on assets
-3.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
49 d late
2022
29 d late
2021
11 d early
2020
5 d late
2019
73 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 29 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
Turnover
€143,892▼ 18.3%
2022 · €176,040
EBIT margin
1.5%▼ 5.9pp
2022 · 7.5%
Net result
-€2,745
2023 · €35
Working capital
-€17,024▼ 12.6%
2023 · -€15,116
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€101,594▼ 36.2%€110,186▲ 8.5%€176,040▲ 59.8%€143,892▼ 18.3%
Operating result-€2,803€20,935€13,116▼ 37.4%€2,197▼ 83.2%€610▼ 72.2%
Net result-€3,545▲ 1.8%-€6,578▼ 85.6%€10,522€35▼ 99.7%-€2,745
EBIT margin-2.8%▼ 6.1pp19.0%▲ 21.8pp7.5%▼ 11.5pp1.5%▼ 5.9pp
Equity€12,816▼ 21.7%€6,238▼ 51.3%€16,760▲ 169%€16,795▲ 0.2%€14,051▼ 16.3%
Total assets€40,517▼ 22.9%€45,023▲ 11.1%€62,306▲ 38.4%€67,106▲ 7.7%€73,490▲ 9.5%
Debt€27,701▼ 23.5%€38,786▲ 40.0%€45,546▲ 17.4%€50,311▲ 10.5%€59,440▲ 18.1%
Working capital-€63▲ 68.8%-€10,987▼ 17,243%-€7,796▲ 29.0%-€15,116▼ 93.9%-€17,024▼ 12.6%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 72% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73,490
Fixed assets
€31,075 ▼ 2.6%
Current assets
€42,416 ▲ 20.5%
Equity and liabilities €73,490
Equity
€14,051 ▼ 16.3%
Debt
€59,440 ▲ 18.1%
Debt's share of the balance-sheet total rises from 75.0% to 80.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5,803▼
2023 · €10,077
Cash flow
€2,448▼
2023 · €7,915
Current ratio
0.71▲
2023 · 0.70
Quick ratio
0.70▲
2023 · 0.68
Debt to equity
4.23▲
2023 · 3.00
ROE
-19.5%▼
2023 · 0.2%
ROA
-3.7%▼
2023 · 0.1%
Interest coverage
54.39▼
2023 · 61.26
Debt ≤ 1 year
€59,440▲
2023 · €50,311
Income taxes
€3,248▲
2023 · €1,998
Staff costs
€3,500▼
2023 · €4,691
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,550 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 91% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
3.9%
went bankrupt
3.7%
stopped otherwise
91%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 1,550 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €101,594 | €110,186 | €176,040 | €143,892 | - | - |
| Non-recurring operating income76A | - | - | €1,471 | - | €731 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €87,752 | €149,933 | €125,289 | - | - |
| Remuneration, social security and pensions62 | - | €14 | €391 | €4,691 | €3,500 | ▼ 25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,587 | €9,225 | €7,524 | €7,880 | €5,192 | ▼ 34.1% |
| Other operating charges640/8 | - | €3,560 | €6,904 | €3,835 | €4,944 | ▲ 28.9% |
| Gross operating margin9900 | €8,733 | €33,734 | €27,935 | €18,604 | €14,248 | ▼ 23.4% |
| Operating profit (loss)9901 | -€2,803 | €20,935 | €13,116 | €2,197 | €610 | ▼ 72.2% |
| Financial charges65/66B | - | €27,513 | €493 | €165 | €107 | ▼ 35.1% |
| Recurring financial charges65 | €742 | €27,513 | €493 | €165 | €107 | ▼ 35.1% |
| Profit (loss) for the period before taxes9903 | -€3,545 | -€6,578 | €12,622 | €2,033 | €504 | ▼ 75.2% |
| Income taxes67/77 | - | - | €2,100 | €1,998 | €3,248 | ▲ 62.6% |
| Profit (loss) for the period9904 | -€3,545 | -€6,578 | €10,522 | €35 | -€2,745 | ▼ 7,948% |
| Profit (loss) for the period to be appropriated9905 | -€3,545 | -€6,578 | €10,522 | €35 | -€2,745 | ▼ 7,948% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €40,517 | €45,023 | €62,306 | €67,106 | €73,490 | ▲ 9.5% |
| Fixed assets21/28 | €12,879 | €17,225 | €24,556 | €31,911 | €31,075 | ▼ 2.6% |
| Tangible fixed assets22/27 | €12,879 | €17,225 | €24,556 | €31,911 | €31,075 | ▼ 2.6% |
| Land and buildings22 | - | €1,086 | €602 | €118 | €118 | = |
| Plant, machinery and equipment23 | - | €16,134 | €23,954 | €31,792 | €29,907 | ▼ 5.9% |
| Furniture and vehicles24 | - | €4 | - | - | €1,049 | - |
| Current assets29/58 | €27,638 | €27,799 | €37,750 | €35,195 | €42,416 | ▲ 20.5% |
| Stocks and contracts in progress3 | €471 | €471 | €655 | €973 | €718 | ▼ 26.2% |
| Stocks30/36 | - | €471 | €655 | €973 | €718 | ▼ 26.2% |
| Amounts receivable within one year40/41 | €21,968 | €23,597 | €29,285 | €22,617 | €22,632 | ▲ 0.1% |
| Trade receivables40 | - | €15,533 | €21,775 | €13,973 | €13,973 | = |
| Other amounts receivable41 | - | €8,064 | €7,510 | €8,644 | €8,659 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €5,199 | €3,731 | €7,810 | €9,516 | €19,067 | ▲ 100% |
| Deferred charges and accrued income490/1 | - | - | - | €2,089 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €40,517 | €45,023 | €62,306 | €67,106 | €73,490 | ▲ 9.5% |
| Equity10/15 | €12,816 | €6,238 | €16,760 | €16,795 | €14,051 | ▼ 16.3% |
| Contributions10/11 | €55,000 | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Capital10 | - | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Issued capital100 | - | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Profit (loss) carried forward14 | -€42,184 | -€48,762 | -€38,240 | -€38,205 | -€40,949 | ▼ 7.2% |
| Amounts payable17/49 | €27,701 | €38,786 | €45,546 | €50,311 | €59,440 | ▲ 18.1% |
| Amounts payable within one year42/48 | €27,701 | €38,786 | €45,546 | €50,311 | €59,440 | ▲ 18.1% |
| Trade debts44 | €5,732 | €12,840 | €15,987 | €7,810 | €5,644 | ▼ 27.7% |
| Suppliers440/4 | - | €12,840 | €15,987 | €7,810 | €5,644 | ▼ 27.7% |
| Taxes, remuneration and social security45 | - | €816 | €1,468 | €3,226 | €3,738 | ▲ 15.9% |
| Taxes450/3 | - | €684 | €1,339 | €2,802 | €2,207 | ▼ 21.2% |
| Remuneration and social security454/9 | - | €133 | €128 | €423 | €1,531 | ▲ 262% |
| Other amounts payable47/48 | - | €25,129 | €28,091 | €39,276 | €50,057 | ▲ 27.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,545 | -€6,578 | €10,522 | €35 | -€2,745 | ▼ 7,948% |
| + Depreciation and write-downs630 | €8,587 | €9,225 | €7,524 | €7,880 | €5,192 | ▼ 34.1% |
| Operating cash flow (approximation) | €5,042 | €2,647 | €18,047 | €7,915 | €2,448 | ▼ 69.1% |
| Investment in fixed assets (approximation) | - | -€13,570 | -€14,856 | -€15,234 | -€4,356 | ▲ 71.4% |
| Change in cash | - | -€1,468 | €4,079 | €1,706 | €9,550 | ▲ 460% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €10,522
Net result €10,522 after 4 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 149 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Charleroi · 2 establishment units since 2017
Ground area
3,466 m²
Building footprint
262 m²
Volume, LiDAR
2,158 m³
2 parcels, Wallonia · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
2 establishment units
IL CANTO DEI GRILLI
since 20172.264.322.567
IL CANTO DEI GRILLI
since 20212.318.890.215
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52050A0193/00S003 | Wallonia | 3,435 m² | 1 · 94 m² | 14.5 m · 4 fl. |
| 52028B0378/00D011 | Wallonia | 31 m² | 1 · 168 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 siteCharleroi2.264.322.567
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 7,593 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
Founded15-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0675715658
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.