LA BELVA
ActiveSummary
The computed 12-month bankruptcy probability of LA BELVA is 2.7% (moderate). The 2024 annual accounts show equity of €69k and a net result of €-3k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 1763 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
Profitability66▲+2
Solvency76▲+7
Growth68=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.71 in 2023; short-term debt: 42.4% and cash: 25.4% of total assets), and 49.3% 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
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
50.7%
Return on assets
-2.3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
26 d early
2022
25 d early
2021
5 d late
2020
27 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€179k▲ 66.9%
2019 · €107k
2019: €107k
2021: €179k
2019 → 2021
EBIT margin
18.6%▲ 9.9pp
2019 · 8.6%
2019: 8.6%
2021: 18.6%
2019 → 2021
Net result
€-3k▲ 51.5%
2023 · €-6k
2018: €-2k
2019: €7k▲ +417% vs 2018
2020: €22k▲ +197% vs 2019
2021: €29k▲ +30.9% vs 2020highest in 7 years
2022: €3k▼ -89.0% vs 2021
2023: €-6k▼ -306% vs 2022lowest in 7 years
2024: €-3k▲ +51.5% vs 2023
2018 → 2024
Working capital
€-11k▲ 39.5%
2023 · €-18k
2019: €-9k
2020: €-25k▼ -169% vs 2019lowest in 6 years
2021: €-16k▲ +37.1% vs 2020
2022: €-9k▲ +44.2% vs 2021highest in 6 years
2023: €-18k▼ -107% vs 2022
2024: €-11k▲ +39.5% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€179k
Equity€47k-€75k▲ 60.9%€79k▲ 4.2%€72k▼ 8.2%€69k▼ 4.4%
2020: €47klowest in 5 years
2021: €75k▲ +60.9% vs 2020
2022: €79k▲ +4.2% vs 2021highest in 5 years
2023: €72k▼ -8.2% vs 2022
2024: €69k▼ -4.4% vs 2023
Operating result€24k-€33k▲ 40.0%€5k▼ 83.7%€-5k€-2k▲ 60.7%
2020: €24k
2021: €33k▲ +40.0% vs 2020highest in 5 years
2022: €5k▼ -83.7% vs 2021
2023: €-5k▼ -195% vs 2022lowest in 5 years
2024: €-2k▲ +60.7% vs 2023
Net result€22k-€29k▲ 30.9%€3k▼ 89.0%€-6k€-3k▲ 51.5%
2020: €22k
2021: €29k▲ +30.9% vs 2020highest in 5 years
2022: €3k▼ -89.0% vs 2021
2023: €-6k▼ -306% vs 2022lowest in 5 years
2024: €-3k▲ +51.5% vs 2023
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €5k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €136k
Fixed assets
€90k ▼ 25.2%
Current assets
€46k ▲ 4.5%
Equity and liabilities €136k
Equity
€69k ▼ 4.4%
Debt
€67k ▼ 27.2%
Debt's share of the balance-sheet total falls from 56.1% to 49.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€31k▲
2023 · €31k
Cash flow
€30k▲
2023 · €30k
Current ratio
0.81▲
2023 · 0.71
Quick ratio
0.62▲
2023 · 0.55
Debt to equity
0.97▼
2023 · 1.28
ROE
-4.6%▲
2023 · -9.0%
ROA
-2.3%▲
2023 · -3.9%
Interest coverage
36.75▲
2023 · 27.31
Debt ≤ 1 year
€58k▼
2023 · €63k
Debt > 1 year
€9k▼
2023 · €29k
Income taxes
€283▲
2023 · €258
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€164k€136k▼
Fixed assets21/28€120k€90k▼
Tangible fixed assets22/27€120k€90k▼
Land and buildings22€31k€27k▼
Plant, machinery and equipment23€27k€23k▼
Furniture and vehicles24€34k€15k▼
Other tangible fixed assets26€28k€24k▼
Current assets29/58€44k€46k▲
Stocks and contracts in progress3€10k€11k▲
Stocks30/36€10k€11k▲
Cash at bank and in hand54/58€33k€35k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€164k€136k▼
Equity10/15€72k€69k▼
Contributions10/11€20k€20k=
Reserves13€55k€55k=
Distributable reserves133€55k€55k=
Profit (loss) carried forward14€-3k€-6k▼
Amounts payable17/49€92k€67k▼
Amounts payable after more than one year17€29k€9k▼
Financial debts170/4€29k€9k▼
Amounts payable within one year42/48€63k€58k▼
Current portion of amounts payable after more than one year42€24k€20k▼
Trade debts44€2k€219▼
Suppliers440/4€2k€219▼
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€5k€6k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€29k€29k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€33k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€34k€34k▲
Operating profit (loss)9901€-5k€-2k▲
Financial income75/76B€24€2▼
Recurring financial income75€24€2▼
Financial charges65/66B€1k€853▼
Recurring financial charges65€1k€853▼
Profit (loss) for the period before taxes9903€-6k€-3k▲
Income taxes67/77€258€283▲
Profit (loss) for the period9904€-6k€-3k▲
Profit (loss) for the period to be appropriated9905€-6k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-6k▼
Profit (loss) brought forward from the previous period14P€3k€-3k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €179k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €123k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €32k | €35k | €36k | €33k | ▼ 7.4% |
| Other operating charges640/8 | - | €2k | €2k | €3k | €3k | ▼ 10.5% |
| Gross operating margin9900 | €48k | €67k | €43k | €34k | €34k | ▲ 0.3% |
| Operating profit (loss)9901 | €24k | €33k | €5k | €-5k | €-2k | ▲ 60.7% |
| Financial income75/76B | - | - | €13 | €24 | €2 | ▼ 91.7% |
| Recurring financial income75 | €11 | - | €13 | €24 | €2 | ▼ 91.7% |
| Financial charges65/66B | - | €1k | €2k | €1k | €853 | ▼ 24.6% |
| Recurring financial charges65 | €1k | €1k | €2k | €1k | €853 | ▼ 24.6% |
| Profit (loss) for the period before taxes9903 | €23k | €32k | €4k | €-6k | €-3k | ▲ 54.0% |
| Income taxes67/77 | €760 | €3k | €690 | €258 | €283 | ▲ 9.7% |
| Profit (loss) for the period9904 | €22k | €29k | €3k | €-6k | €-3k | ▲ 51.5% |
| Profit (loss) for the period to be appropriated9905 | €22k | €29k | €3k | €-6k | €-3k | ▲ 51.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €206k | €225k | €195k | €164k | €136k | ▼ 17.2% |
| Fixed assets21/28 | €150k | €166k | €140k | €120k | €90k | ▼ 25.2% |
| Tangible fixed assets22/27 | €150k | €166k | €140k | €120k | €90k | ▼ 25.2% |
| Land and buildings22 | - | €39k | €35k | €31k | €27k | ▼ 12.6% |
| Plant, machinery and equipment23 | - | €39k | €35k | €27k | €23k | ▼ 13.9% |
| Furniture and vehicles24 | - | €75k | €54k | €34k | €15k | ▼ 54.2% |
| Other tangible fixed assets26 | - | €13k | €16k | €28k | €24k | ▼ 15.3% |
| Current assets29/58 | €56k | €59k | €55k | €44k | €46k | ▲ 4.5% |
| Stocks and contracts in progress3 | €9k | €8k | €11k | €10k | €11k | ▲ 7.7% |
| Stocks30/36 | - | €8k | €11k | €10k | €11k | ▲ 7.7% |
| Cash at bank and in hand54/58 | €47k | €50k | €44k | €33k | €35k | ▲ 3.7% |
| Deferred charges and accrued income490/1 | - | €975 | €1k | €1k | €1k | ▼ 0.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €206k | €225k | €195k | €164k | €136k | ▼ 17.2% |
| Equity10/15 | €47k | €75k | €79k | €72k | €69k | ▼ 4.4% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €2k | €2k | €55k | €55k | €55k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | €53k | €55k | €55k | = |
| Profit (loss) carried forward14 | €25k | €53k | €3k | €-3k | €-6k | ▼ 94.3% |
| Amounts payable17/49 | €159k | €150k | €116k | €92k | €67k | ▼ 27.2% |
| Amounts payable after more than one year17 | €78k | €75k | €52k | €29k | €9k | ▼ 67.6% |
| Financial debts170/4 | - | €75k | €52k | €29k | €9k | ▼ 67.6% |
| Amounts payable within one year42/48 | €82k | €75k | €64k | €63k | €58k | ▼ 8.4% |
| Current portion of amounts payable after more than one year42 | - | €22k | €23k | €24k | €20k | ▼ 16.3% |
| Trade debts44 | €6k | €2k | €1k | €2k | €219 | ▼ 89.9% |
| Suppliers440/4 | - | €2k | €1k | €2k | €219 | ▼ 89.9% |
| Advances received on contracts in progress46 | - | €400 | €400 | - | - | - |
| Taxes, remuneration and social security45 | - | €16k | €11k | €8k | €8k | ▲ 5.9% |
| Taxes450/3 | - | €14k | €8k | €5k | €6k | ▲ 8.5% |
| Remuneration and social security454/9 | - | €2k | €2k | €2k | €2k | = |
| Other amounts payable47/48 | - | €34k | €29k | €29k | €29k | ▲ 0.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €29k | €3k | €-6k | €-3k | ▲ 51.5% |
| + Depreciation and write-downs630 | €18k | €32k | €35k | €36k | €33k | ▼ 7.4% |
| Operating cash flow (approximation) | €40k | €60k | €39k | €30k | €30k | ▲ 2.3% |
| Investment in fixed assets (approximation) | - | €-48k | €-9k | €-16k | €-3k | ▲ 80.7% |
| Change in cash | - | €3k | €-6k | €-10k | €1k | ▲ 112% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
31-12
Financial
Highest result since 2018net €29k ▲30.9%
Operating result €33k, net result €29k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 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, Hannut · 1 establishment unit since 2017
Ground area
1,221 m²
Building footprint
106 m²
Volume, LiDAR
857 m³
Parcel 64060B0154/00D000, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LA BELVA
since 20172.271.195.414
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64060B0154/00D000 | Wallonia | 1,220 m² | 1 · 106 m² | 9.9 m · 3 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 siteHannut2.271.195.414
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,848 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
Founded28-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.