IPO
ActiveSummary
The computed 12-month bankruptcy probability of IPO is 5.9% (elevated). The 2025 annual accounts show equity of €148k and a net result of €-15k. Its solvency ranks better than 61% of 13305 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability34
Solvency68
Growth-
Track record79
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity tight (current ratio 1.05; short-term debt: 56.8% and cash: 57.7% of total assets), and 56.8% of the assets are financed with debt.
Credit check for your own amount and term
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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
7 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€148k
Total assets
€342k
Net result
€-15k
Working capital
€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €342k
Fixed assets
€139k
Current assets
€203k
Equity and liabilities €342k
Equity
€148k
Debt
€194k
Debt finances 56.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€6k
Cash flow
€4k
Current ratio
1.05
Quick ratio
1.03
Debt to equity
1.31
ROE
-10.0%
ROA
-4.3%
Interest coverage
2.51
Debt ≤ 1 year
€194k
Staff costs
€228k
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet
Code2025
Assets
Total assets20/58€342k
Fixed assets21/28€139k
Intangible fixed assets21€82k
Tangible fixed assets22/27€28k
Plant, machinery and equipment23€18k
Furniture and vehicles24€10k
Financial fixed assets28€29k
Current assets29/58€203k
Stocks and contracts in progress3€3k
Stocks30/36€3k
Amounts receivable within one year40/41€1k
Trade receivables40€1k
Cash at bank and in hand54/58€197k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€342k
Equity10/15€148k
Contributions10/11€239k
Profit (loss) carried forward14€-91k
Amounts payable17/49€194k
Amounts payable within one year42/48€194k
Trade debts44€36k
Suppliers440/4€36k
Taxes, remuneration and social security45€35k
Taxes450/3€12k
Remuneration and social security454/9€23k
Other amounts payable47/48€123k
Accrued charges and deferred income492/3€69
Income statement
Code2025
Remuneration, social security and pensions62€228k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k
Other operating charges640/8€2k
Gross operating margin9900€236k
Operating profit (loss)9901€-12k
Financial income75/76B€38
Recurring financial income75€38
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€-15k
Profit (loss) for the period9904€-15k
Profit (loss) for the period to be appropriated9905€-15k
Appropriation of the result
Profit (loss) to be appropriated9906€-91k
Profit (loss) brought forward from the previous period14P€-76k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 6 acts read
About the unread acts
We know of 6 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
6 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 2021
Ground area
27 m²
Parcel 52011D0126/02S000, Wallonia. Linked by address, not a title deed.
2 establishment units
IPO
since 20212.321.340.751
COSY PASTA
since 20222.337.330.014
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011D0126/02S000indicative | Wallonia | 27 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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 siteCharleroi2.337.330.014
Similar companies · same sector, comparable size
SWEET COFFEE
BE 0835.994.696
Hasselt · Eq €147,879
HK KONINGSLO
BE 0876.606.024
Brussel · Eq €147,858
TEXSOI
BE 0772.755.448
Lasne · Eq €147,827
Frituur De Vier Seizoenen
BE 0747.982.440
Brugge · Eq €148,160
De Food Faktorie
BE 0767.769.054
Maaseik · Eq €148,237
Of 21,853 companies in sector 56112 we hold annual accounts for 9,765. 7,272 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 formPrivate limited company
Founded06-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
47252Retail sale of beverages, general range
47279Other retail sale of food
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:iporivegauche@gmail.com
Phone:+32475420204