La Pipe d'Anvers
ActiveThe computed 12-month bankruptcy probability of La Pipe d'Anvers is 1.6% (moderate). The 2025 annual accounts show equity of €112k and a net result of €-9k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 13204 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-46
Solvency60▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity tight (current ratio 1.44 against 1.51 in 2024; short-term debt: 65.4% and cash: 12.3% of total assets), and 65.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 56
higher
← 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
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 2025Solvency, return and age of the figures
Solvency
34.6%
Return on assets
-2.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-9k
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
1 d early
2023
65 d late
2022
120 d late
2021
122 d late
2020
89 d late
2019
55 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€112k▼ 7.3%
2024 · €121k
2018: €79k
2019: €76k
2020: €84k
2021: €99k
2022: €104k
2023: €123k
2024: €121k
2018 → 2025
Total assets
€325k▼ 2.8%
2024 · €334k
2018: €133k
2019: €111k
2020: €111k
2021: €153k
2022: €176k
2023: €192k
2024: €334k
2018 → 2025
Net result
€-9k▼ 431%
2024 · €-2k
2018: €5k
2019: €-3k
2020: €7k
2021: €15k
2022: €20k
2023: €8k
2024: €-2k
2018 → 2025
Working capital
€93k▼ 13.5%
2024 · €108k
2018: €31k
2019: €40k
2020: €49k
2021: €75k
2022: €88k
2023: €103k
2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€104k▲ 5.3%€123k▲ 18.2%€121k▼ 1.4%€112k▼ 7.3%
Operating result€17k-€25k▲ 45.1%€16k▼ 34.9%€9k▼ 43.5%€-8k
Net result€15k-€20k▲ 32.1%€8k▼ 62.4%€-2k€-9k▼ 431%
Turnover and EBIT margin not published: the abbreviated or 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 €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €325k
Fixed assets
€19k▲ 41.7%
Current assets
€306k▼ 4.6%
Equity and liabilities €325k
Equity
€112k▼ 7.3%
Debt
€213k▼ 0.1%
The debt ratio rises from 63.7% to 65.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-266▼
2024 · €16k
Cash flow
€-2k▼
2024 · €5k
Solvency
34.6%▼
2024 · 36.3%
Current ratio
1.44▼
2024 · 1.51
Quick ratio
1.40▼
2024 · 1.48
Debt / equity
1.89▲
2024 · 1.75
ROE
-7.9%▼
2024 · -1.4%
ROA
-2.7%▼
2024 · -0.5%
Interest coverage
-0.11▼
2024 · 5.17
Debt
€213k▼
2024 · €213k
Debt ≤ 1 year
€213k▼
2024 · €213k
Income taxes
€290▼
2024 · €8k
Staff costs
€239k▲
2024 · €203k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€334k€325k▼
Fixed assets21/28€14k€19k▲
Intangible fixed assets21-€4k
Tangible fixed assets22/27€13k€15k▲
Plant, machinery and equipment23€3k€9k▲
Furniture and vehicles24€2k€776▼
Leasing and similar rights25€7k€5k▼
Other tangible fixed assets26€1k€385▼
Financial fixed assets28€1k€1k=
Current assets29/58€321k€306k▼
Amounts receivable after more than one year29€1k€1k=
Trade receivables290€1k€1k=
Stocks and contracts in progress3€7k€9k▲
Stocks30/36€7k€9k▲
Amounts receivable within one year40/41€242k€227k▼
Trade receivables40€41k€20k▼
Other amounts receivable41€200k€207k▲
Current investments50/53€49k€29k▼
Cash at bank and in hand54/58€22k€40k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€334k€325k▼
Equity10/15€121k€112k▼
Contributions10/11€30k€30k=
Reserves13€74k€74k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€17k€8k▼
Amounts payable17/49€213k€213k▼
Amounts payable within one year42/48€213k€213k▼
Current portion of amounts payable after more than one year42€2k€5k▲
Trade debts44€46k€44k▼
Suppliers440/4€46k€44k▼
Advances received on contracts in progress46€22k€0▼
Taxes, remuneration and social security45€138k€160k▲
Taxes450/3€84k€90k▲
Remuneration and social security454/9€53k€69k▲
Other amounts payable47/48€5k€4k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€10k€0▼
Remuneration, social security and pensions62€203k€239k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€224k€244k▲
Operating profit (loss)9901€9k€-8k▼
Financial income75/76B€347€1k▲
Recurring financial income75€347€1k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€6k€-9k▼
Income taxes67/77€8k€290▼
Profit (loss) for the period9904€-2k€-9k▼
Profit (loss) for the period to be appropriated9905€-2k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€8k▼
Profit (loss) brought forward from the previous period14P€19k€17k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 120 days late
2022
31-12
Financial
Highest result since 2018net €20k ▲32.1%
Operating result €25k, net result €20k, both a record.
31-12
Financial
Equity above €100kEq €104k ▲5.3%
3 profitable years in a row build equity to €104k.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2010
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.
Cadixstraat 32000 AntwerpenGround area
128 m²
Building footprint
123 m²
Volume, LiDAR
1,288 m³
Parcel 11807G0155/00K003, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
La Pipe d'Anvers
since 20102.194.383.191
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0155/00K003 | Flanders | 128 m² | 1 · 123 m² | 15.6 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.194.383.191
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,434 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.