L'Aurore
ActiveSummary
L'Aurore has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147k and a net result of €-6k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 49.43 against 15.03 in 2024; short-term debt: 0.5% and cash: 19.8% of total assets), and 0.5% 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.
−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 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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
5 d late
2024
20 d late
2023
19 d early
2022
19 d early
2021
12 d late
2020
17 d early
2019
35 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€147k▼ 5.4%
2024 · €155k
2018: €98klowest in 8 years
2019: €101k▲ +3.4% vs 2018
2020: €101k▲ +0.7% vs 2019
2021: €110k▲ +8.6% vs 2020
2022: €145k▲ +31.7% vs 2021
2023: €156k▲ +7.2% vs 2022highest in 8 years
2024: €155k▼ -0.1% vs 2023
2025: €147k▼ -5.4% vs 2024
2018 → 2025
Total assets
€148k▼ 6.5%
2024 · €158k
2018: €99klowest in 8 years
2019: €105k▲ +6.0% vs 2018
2020: €103k▼ -1.6% vs 2019
2021: €111k▲ +8.0% vs 2020
2022: €147k▲ +32.3% vs 2021
2023: €165k▲ +12.2% vs 2022highest in 8 years
2024: €158k▼ -4.2% vs 2023
2025: €148k▼ -6.5% vs 2024
2018 → 2025
Net result
€-6k
2024 · €2k
2018: €-10klowest in 8 years
2019: €4k▲ +138% vs 2018
2020: €955▼ -73.5% vs 2019
2021: €9k▲ +846% vs 2020highest in 8 years
2022: €5k▼ -41.8% vs 2021
2023: €7k▲ +41.7% vs 2022
2024: €2k▼ -74.9% vs 2023
2025: €-6k▼ -441% vs 2024
2018 → 2025
Working capital
€34k▼ 6.3%
2024 · €37k
2018: €51k
2019: €62k▲ +21.5% vs 2018
2020: €67k▲ +9.3% vs 2019
2021: €61k▼ -9.9% vs 2020
2022: €81k▲ +33.3% vs 2021highest in 8 years
2023: €39k▼ -52.2% vs 2022
2024: €37k▼ -5.1% vs 2023
2025: €34k▼ -6.3% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€145k▲ 31.7%€156k▲ 7.2%€155k▼ 0.1%€147k▼ 5.4%
2021: €110klowest in 5 years
2022: €145k▲ +31.7% vs 2021
2023: €156k▲ +7.2% vs 2022highest in 5 years
2024: €155k▼ -0.1% vs 2023
2025: €147k▼ -5.4% vs 2024
Operating result€8k-€5k▼ 40.7%€6k▲ 16.8%€129▼ 97.8%€-8k
2021: €8khighest in 5 years
2022: €5k▼ -40.7% vs 2021
2023: €6k▲ +16.8% vs 2022
2024: €129▼ -97.8% vs 2023
2025: €-8k▼ -6641% vs 2024lowest in 5 years
Net result€9k-€5k▼ 41.8%€7k▲ 41.7%€2k▼ 74.9%€-6k
2021: €9khighest in 5 years
2022: €5k▼ -41.8% vs 2021
2023: €7k▲ +41.7% vs 2022
2024: €2k▼ -74.9% vs 2023
2025: €-6k▼ -441% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €129 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€113k ▼ 5.1%
Current assets
€35k ▼ 10.7%
Equity and liabilities €148k
Equity
€147k ▼ 5.4%
Debt
€710 ▼ 72.9%
Debt's share of the balance-sheet total falls from 1.7% to 0.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2024 · €10k
Cash flow
€6k▼
2024 · €11k
Current ratio
49.43▲
2024 · 15.03
Quick ratio
49.32▲
2024 · 15.00
Debt to equity
0.00▼
2024 · 0.02
ROE
-4.3%▼
2024 · 1.2%
ROA
-4.3%▼
2024 · 1.2%
Interest coverage
72.43▲
2024 · 27.76
Debt ≤ 1 year
€710▼
2024 · €3k
Income taxes
€27▲
2024 · €18
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€158k€148k▼
Fixed assets21/28€119k€113k▼
Tangible fixed assets22/27€119k€113k▼
Land and buildings22€103k€97k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€7k€10k▲
Current assets29/58€39k€35k▼
Stocks and contracts in progress3€75€75=
Stocks30/36€75€75=
Amounts receivable within one year40/41€5k€5k▼
Trade receivables40€1k€3k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€33k€29k▼
Deferred charges and accrued income490/1€1k€683▼
Equity and liabilities
Total equity and liabilities10/49€158k€148k▼
Equity10/15€155k€147k▼
Contributions10/11€7k€7k=
Revaluation surpluses12€2k€2k=
Profit (loss) carried forward14€114k€107k▼
Investment grants15€33k€31k▼
Amounts payable17/49€3k€710▼
Amounts payable within one year42/48€3k€710▼
Trade debts44€2k€144▼
Suppliers440/4€2k€144▼
Taxes, remuneration and social security45€363€566▲
Taxes450/3€363€566▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€14k€9k▼
Operating profit (loss)9901€129€-8k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€344€54▼
Recurring financial charges65€344€54▼
Profit (loss) for the period before taxes9903€2k€-6k▼
Income taxes67/77€18€27▲
Profit (loss) for the period9904€2k€-6k▼
Profit (loss) for the period to be appropriated9905€2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€107k▼
Profit (loss) brought forward from the previous period14P€112k€114k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €5k | €8k | €9k | €12k | ▲ 31.2% |
| Other operating charges640/8 | €2k | €3k | €4k | €4k | €5k | ▲ 2.8% |
| Gross operating margin9900 | €17k | €13k | €17k | €14k | €9k | ▼ 39.2% |
| Operating profit (loss)9901 | €8k | €5k | €6k | €129 | €-8k | ▼ 6,641% |
| Financial income75/76B | €622 | €300 | €2k | €2k | €2k | ▲ 1.5% |
| Recurring financial income75 | €622 | €300 | €2k | €2k | €2k | ▲ 1.5% |
| Financial charges65/66B | €80 | €77 | €470 | €344 | €54 | ▼ 84.2% |
| Recurring financial charges65 | €80 | €77 | €470 | €344 | €54 | ▼ 84.2% |
| Profit (loss) for the period before taxes9903 | €9k | €5k | €7k | €2k | €-6k | ▼ 436% |
| Income taxes67/77 | - | - | - | €18 | €27 | ▲ 54.8% |
| Profit (loss) for the period9904 | €9k | €5k | €7k | €2k | €-6k | ▼ 441% |
| Profit (loss) for the period to be appropriated9905 | €9k | €5k | €7k | €2k | €-6k | ▼ 441% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111k | €147k | €165k | €158k | €148k | ▼ 6.5% |
| Fixed assets21/28 | €50k | €64k | €117k | €119k | €113k | ▼ 5.1% |
| Tangible fixed assets22/27 | €50k | €64k | €117k | €119k | €113k | ▼ 5.1% |
| Land and buildings22 | €39k | €56k | €109k | €103k | €97k | ▼ 6.1% |
| Plant, machinery and equipment23 | €11k | €8k | €7k | €9k | €6k | ▼ 36.4% |
| Furniture and vehicles24 | - | - | €648 | €7k | €10k | ▲ 47.0% |
| Current assets29/58 | €62k | €83k | €48k | €39k | €35k | ▼ 10.7% |
| Stocks and contracts in progress3 | €75 | €75 | €75 | €75 | €75 | = |
| Stocks30/36 | €75 | €75 | €75 | €75 | €75 | = |
| Amounts receivable within one year40/41 | €5k | €7k | €6k | €5k | €5k | ▼ 3.0% |
| Trade receivables40 | - | €995 | €206 | €1k | €3k | ▲ 149% |
| Other amounts receivable41 | €5k | €6k | €6k | €4k | €2k | ▼ 47.0% |
| Cash at bank and in hand54/58 | €56k | €75k | €41k | €33k | €29k | ▼ 11.2% |
| Deferred charges and accrued income490/1 | €814 | €846 | €1k | €1k | €683 | ▼ 35.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111k | €147k | €165k | €158k | €148k | ▼ 6.5% |
| Equity10/15 | €110k | €145k | €156k | €155k | €147k | ▼ 5.4% |
| Contributions10/11 | €6k | €6k | €7k | €7k | €7k | = |
| Revaluation surpluses12 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | €850 | €850 | - | - | - | - |
| Non-distributable reserves130/1 | €850 | €850 | - | - | - | - |
| Reserves not available under the articles1311 | €850 | €850 | - | - | - | - |
| Profit (loss) carried forward14 | €99k | €104k | €112k | €114k | €107k | ▼ 5.6% |
| Investment grants15 | €2k | €32k | €35k | €33k | €31k | ▼ 6.2% |
| Amounts payable17/49 | €875 | €2k | €9k | €3k | €710 | ▼ 72.9% |
| Amounts payable within one year42/48 | €875 | €2k | €9k | €3k | €710 | ▼ 72.9% |
| Trade debts44 | €288 | €1k | €9k | €2k | €144 | ▼ 93.6% |
| Suppliers440/4 | €288 | €1k | €9k | €2k | €144 | ▼ 93.6% |
| Taxes, remuneration and social security45 | €587 | €591 | €440 | €363 | €566 | ▲ 55.8% |
| Taxes450/3 | €587 | €591 | €440 | €363 | €566 | ▲ 55.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €5k | €7k | €2k | €-6k | ▼ 441% |
| + Depreciation and write-downs630 | €6k | €5k | €8k | €9k | €12k | ▲ 31.2% |
| Operating cash flow (approximation) | €15k | €11k | €15k | €11k | €6k | ▼ 47.0% |
| Investment in fixed assets (approximation) | - | €-20k | €-60k | €-11k | €-6k | ▲ 44.4% |
| Change in cash | - | €19k | €-34k | €-8k | €-4k | ▲ 53.0% |
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
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 49.43
Current ratio from 15.03 to 49.43; short-term debt falls from €3k to €710.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 15.03
Current ratio from 5.14 to 15.03; short-term debt falls from €9k to €3k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €156k ▲7.2%
5 profitable years in a row build equity to €156k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Highest result since 2018net €9k ▲846%
Operating result €8k, net result €9k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 47.98
Current ratio from 17.41 to 47.98; short-term debt falls from €4k to €1k.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial
Equity above €100kEq €101k ▲3.4%
Equity rises from €98k to €101k.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Stavelot · 1 establishment unit since 1948
Ground area
5,367 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ster 330, 4970 Stavelot
since 19482.006.576.642
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63027B1328/00C000 | Wallonia | 4,844 m² | - | - |
| 63073A1374/00T000 | Wallonia | 523 m² | - | - |
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.
Similar companies · same sector, comparable size
BUDHA LAXMI
BE 0889.424.573
Bonheiden · Eq €146,999
WOESTIJNEGOED
BE 0848.263.515
Aalter · Eq €147,182
Viraco
BE 0677.521.442
Waregem · Eq €147,339
MALEGI
BE 0698.889.255
Izegem · Eq €147,350
BUDDHA BAR
BE 0668.409.677
Blankenberge · Eq €146,497
Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 3,380 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
90311Arts creation and performing arts activities
Scores and ratios are computed by Checked and are not a credit decision.