L'Envolée du Papillon
ActiveSummary
L'Envolée du Papillon has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €1k. Equity is growing by ~53.9% per year across the filed fiscal years. Its solvency ranks better than 19% of 19908 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▼-25
Solvency53▲+14
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.21 in 2023; short-term debt: 72.4% and cash: 67.7% of total assets), and 72.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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
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
27.6%
Return on assets
5.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 19908 sector peers (2024).
NBB · sector comparisonPosition among 19908 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
5 d late
2023
64 d early
2022
61 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€7k▲ 23.5%
2023 · €6k
2022: €953
2023: €6k
2022 → 2024
Total assets
€27k▼ 39.5%
2023 · €45k
2022: €44k
2023: €45k
2022 → 2024
Net result
€1k▼ 72.1%
2023 · €5k
2022: €-1k
2023: €5k
2022 → 2024
Working capital
€4k▼ 42.7%
2023 · €7k
2022: €3k
2023: €7k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€953-€6k▲ 535%€7k▲ 23.5%
Operating result€-938-€8k€4k▼ 57.1%
Net result€-1k-€5k€1k▼ 72.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 57% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27k
Fixed assets
€3k ▲ 4.5%
Current assets
€24k ▼ 42.9%
Equity and liabilities €27k
Equity
€7k ▲ 23.5%
Debt
€20k ▼ 49.3%
Debt's share of the balance-sheet total falls from 86.5% to 72.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2023 · €9k
Cash flow
€2k▼
2023 · €5k
Current ratio
1.21▲
2023 · 1.21
Debt to equity
2.62▼
2023 · 6.40
ROE
19.0%▼
2023 · 84.2%
ROA
5.3%▼
2023 · 11.4%
Interest coverage
3.66▼
2023 · 5.75
Debt ≤ 1 year
€20k▼
2023 · €34k
Income taxes
€1k▼
2023 · €2k
Staff costs
€2k▼
2023 · €2k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€45k€27k▼
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Land and buildings22€1k€1k▼
Plant, machinery and equipment23€386€253▼
Furniture and vehicles24€2k€2k▲
Current assets29/58€41k€24k▼
Amounts receivable within one year40/41€18k€5k▼
Trade receivables40€18k€5k▼
Other amounts receivable41€5€0▼
Cash at bank and in hand54/58€23k€18k▼
Deferred charges and accrued income490/1€240€174▼
Equity and liabilities
Total equity and liabilities10/49€45k€27k▼
Equity10/15€6k€7k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€4k€5k▲
Amounts payable17/49€39k€20k▼
Amounts payable within one year42/48€34k€20k▼
Trade debts44€1k€936▼
Suppliers440/4€1k€936▼
Advances received on contracts in progress46€19k€5k▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€9k€8k▼
Accrued charges and deferred income492/3€4k-
Income statement
Code20232024
Remuneration, social security and pensions62€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€305€735▲
Other operating charges640/8€428€395▼
Gross operating margin9900€11k€6k▼
Operating profit (loss)9901€8k€4k▼
Financial income75/76B€31€14▼
Recurring financial income75€31€14▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€7k€2k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€5k€1k▼
Profit (loss) for the period to be appropriated9905€5k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€5k▲
Profit (loss) brought forward from the previous period14P€-1k€4k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tournai · 1 establishment unit since 2022
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.
Chaussée de Saint-Amand(CH) 2837521 TournaiGround area
1,258 m²
Building footprint
157 m²
Volume, LiDAR
743 m³
Parcel 57021B0022/00D006, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L'envolée du Papillon
since 20222.330.466.669
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57021B0022/00D006 | Wallonia | 1,258 m² | 1 · 157 m² | 6.5 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.
Similar companies · same sector, comparable size
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In-Mind-Set
BE 0805.425.444
Balen · Eq €7,490
KINTSUGIE
BE 1020.460.190
Houthalen-Helchteren · Eq €7,541
CLEMENTINE GILSON
BE 0763.891.727
Hoeilaart · Eq €7,357
Of 10,451 companies in sector 86995 we hold annual accounts for 886. 423 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
Founded04-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.