LA STRADELLA
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 25-07-2025 PDF all 13 filings
Turnover
€614,059
EBIT margin
4.4%
Net result
€12,833
2023 · -€6,395
Working capital
€93,855▲ 16.9%
2023 · €80,311
Multi-year overview
2018 to 2024, 7 financial yearsTurnover
€614,059
2024
20182024
Operating result
€26,982
2024
20182024
Net result
€12,833
2024
middle half of the sector
20182024
EBIT margin
4.4%
2024
20182024
Equity
€118,150
▲ 12.2%
2024
highest quarter of the sector
20182024
Total assets
€192,378
▼ 3.1%
2024
middle half of the sector
20182024
Debt
€74,228
▼ 20.3%
2024
20182024
Working capital
€93,855
▲ 16.9%
2024
highest quarter of the sector
20182024
Solvency
61.4%
▲ 8.4pp
2024
highest quarter of the sector
20182024
Current ratio
2.72
▲ 0.42
2024
highest quarter of the sector
20182024
Return on assets (ROA)
6.7%
▲ 9.9pp
2024
middle half of the sector
20182024
Staff (FTE)
no figure
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€614,059
Operating result€34,669--€10,285€35,455€33,810▼ 4.6%-€5,371-€2,276▲ 57.6%€26,982
Net result€22,699--€12,618€27,519above the sector's middle half€21,816within the sector's middle half▼ 20.7%-€8,675within the sector's middle half-€6,395within the sector's middle half▲ 26.3%€12,833within the sector's middle half
EBIT margin4.4%
Equity€169,670-€157,052▼ 7.4%€184,571above the sector's middle half▲ 17.5%€145,387above the sector's middle half▼ 21.2%€111,712above the sector's middle half▼ 23.2%€105,317above the sector's middle half▼ 5.7%€118,150above the sector's middle half▲ 12.2%
Total assets€209,818-€194,652▼ 7.2%€214,432above the sector's middle half▲ 10.2%€297,465above the sector's middle half▲ 38.7%€214,965within the sector's middle half▼ 27.7%€198,479within the sector's middle half▼ 7.7%€192,378within the sector's middle half▼ 3.1%
Debt€40,148-€37,600▼ 6.3%€29,861▼ 20.6%€152,078▲ 409%€103,253▼ 32.1%€93,162▼ 9.8%€74,228▼ 20.3%
Working capital€142,180-€138,839▼ 2.3%€160,120above the sector's middle half▲ 15.3%€118,937above the sector's middle half▼ 25.7%€81,514above the sector's middle half▼ 31.5%€80,311above the sector's middle half▼ 1.5%€93,855above the sector's middle half▲ 16.9%
Solvency80.9%-80.7%▼ 0.2pp86.1%above the sector's middle half▲ 5.4pp48.9%within the sector's middle half▼ 37.2pp52.0%within the sector's middle half▲ 3.1pp53.1%within the sector's middle half▲ 1.1pp61.4%above the sector's middle half▲ 8.4pp
Current ratio4.73-4.69▼ 0.046.36above the sector's middle half▲ 1.672.05within the sector's middle half▼ 4.322.35above the sector's middle half▲ 0.312.30above the sector's middle half▼ 0.052.72above the sector's middle half▲ 0.42
Return on assets (ROA)10.8%--6.5%▼ 17.3pp12.8%within the sector's middle half▲ 19.3pp7.3%within the sector's middle half▼ 5.5pp-4.0%within the sector's middle half▼ 11.4pp-3.2%within the sector's middle half▲ 0.8pp6.7%within the sector's middle half▲ 9.9pp
Staff (FTE)3.6-5.9▲ 63.9%5.8above the sector's middle half▼ 1.7%4▼ 31.0%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a profit of €26,982, after a loss of €2,276 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €192,378
Fixed assets
€43,831 ▼ 22.2%
Current assets
€148,547 ▲ 4.5%
Equity and liabilities €192,378
Equity
€118,150 ▲ 12.2%
Debt
€74,228 ▼ 20.3%
Debt's share of the balance-sheet total falls from 46.9% to 38.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43,791▲
2023 · €14,529
Cash flow
€29,642▲
2023 · €10,410
Quick ratio
2.49▲
2023 · 2.08
Debt to equity
0.63▼
2023 · 0.88
ROE
10.9%▲
2023 · -6.1%
Interest coverage
9.53▲
2023 · 4.78
Debt ≤ 1 year
€54,692▼
2023 · €61,837
Debt > 1 year
€19,536▼
2023 · €31,325
Income taxes
€9,590▲
2023 · €1,089
Customer credit
2 days
Supplier credit
2 days▼
2023 · 12 days
Staff costs
€185,740=
2023 · €185,730
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 4 |
| full-time | 2 |
| part-time | 2 |
| in full-time equivalents | 3 |
| Average over the year, in full-time equivalents | 4 |
| On a permanent contract | 4 |
| Joined | 249 |
| Left | 250 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €48,421 | €21,115 | €0 | €4,309 |
| Depreciation and write-downs of the year | €8,131 | €12,719 | €16,806 | €16,809 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | €614,059 | - |
| Non-recurring operating income76A | - | - | - | - | - | €209 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €401,001 | €397,281 | ▼ 0.9% |
| Remuneration, social security and pensions62 | - | - | - | €115,804 | €157,718 | €185,730 | €185,740 | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,654 | €11,292 | €11,733 | €8,131 | €12,719 | €16,806 | €16,809 | = |
| Other operating charges640/8 | - | - | - | €2,108 | €2,317 | €1,279 | €1,101 | ▼ 13.9% |
| Non-recurring operating charges66A | - | - | - | - | €833 | - | - | - |
| Gross operating margin9900 | €165,887 | €138,319 | €163,463 | €159,852 | €168,216 | €201,538 | €230,632 | ▲ 14.4% |
| Operating profit (loss)9901 | €34,669 | -€10,285 | €35,455 | €33,810 | -€5,371 | -€2,276 | €26,982 | - |
| Financial income75/76B | - | - | - | - | €100 | €12 | €35 | ▲ 182% |
| Recurring financial income75 | €12 | €36 | €1 | - | €100 | €12 | €35 | ▲ 182% |
| Financial charges65/66B | - | - | - | €2,243 | €2,935 | €3,042 | €4,593 | ▲ 51.0% |
| Recurring financial charges65 | €2,194 | €2,198 | €2,027 | €2,243 | €2,935 | €3,042 | €4,593 | ▲ 51.0% |
| Profit (loss) for the period before taxes9903 | €32,487 | -€12,447 | €33,429 | €31,567 | -€8,206 | -€5,307 | €22,423 | - |
| Income taxes67/77 | €9,788 | €171 | €5,910 | €9,751 | €470 | €1,089 | €9,590 | ▲ 781% |
| Profit (loss) for the period9904 | €22,699 | -€12,618 | €27,519 | €21,816 | -€8,675 | -€6,395 | €12,833 | - |
| Profit (loss) for the period to be appropriated9905 | €22,699 | -€12,618 | €27,519 | €21,816 | -€8,675 | -€6,395 | €12,833 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €209,818 | €194,652 | €214,432 | €297,465 | €214,965 | €198,479 | €192,378 | ▼ 3.1% |
| Fixed assets21/28 | €29,504 | €18,213 | €24,451 | €64,741 | €73,136 | €56,331 | €43,831 | ▼ 22.2% |
| Intangible fixed assets21 | - | - | - | €0 | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €29,069 | €17,778 | €24,016 | €64,306 | €72,701 | €55,896 | €43,396 | ▼ 22.4% |
| Land and buildings22 | - | - | - | €7,488 | €6,874 | €5,997 | €5,120 | ▼ 14.6% |
| Plant, machinery and equipment23 | - | - | - | €10,519 | €13,087 | €10,443 | €12,104 | ▲ 15.9% |
| Furniture and vehicles24 | - | - | - | - | - | €0 | €0 | - |
| Leasing and similar rights25 | - | - | - | €46,298 | €52,740 | €39,456 | €26,172 | ▼ 33.7% |
| Financial fixed assets28 | €435 | €435 | €435 | €435 | €435 | €435 | €435 | = |
| Current assets29/58 | €180,314 | €176,439 | €189,981 | €232,724 | €141,829 | €142,148 | €148,547 | ▲ 4.5% |
| Stocks and contracts in progress3 | €3,186 | €3,821 | €7,916 | €8,926 | €12,024 | €13,680 | €12,243 | ▼ 10.5% |
| Stocks30/36 | - | - | - | €8,926 | €12,024 | €13,680 | €12,243 | ▼ 10.5% |
| Amounts receivable within one year40/41 | €24,779 | €30,791 | €11,523 | €14,894 | €15,684 | €23,363 | €15,136 | ▼ 35.2% |
| Trade receivables40 | - | - | - | €3,259 | €3,069 | €13,333 | €3,136 | ▼ 76.5% |
| Other amounts receivable41 | - | - | - | €11,636 | €12,614 | €10,029 | €12,000 | ▲ 19.7% |
| Cash at bank and in hand54/58 | €152,105 | €141,582 | €170,347 | €208,903 | €114,121 | €105,105 | €121,168 | ▲ 15.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €209,818 | €194,652 | €214,432 | €297,465 | €214,965 | €198,479 | €192,378 | ▼ 3.1% |
| Equity10/15 | €169,670 | €157,052 | €184,571 | €145,387 | €111,712 | €105,317 | €118,150 | ▲ 12.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | - | €18,600 | - | - | - |
| Issued capital100 | - | - | - | - | €18,600 | - | - | - |
| Reserves13 | €146,067 | €146,067 | €165,567 | €126,787 | €101,787 | €101,787 | €114,620 | ▲ 12.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | - | - | - | - | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €124,927 | €99,927 | €101,787 | €114,620 | ▲ 12.6% |
| Profit (loss) carried forward14 | €5,003 | -€7,615 | €404 | - | -€8,675 | -€15,070 | -€15,070 | = |
| Amounts payable17/49 | €40,148 | €37,600 | €29,861 | €152,078 | €103,253 | €93,162 | €74,228 | ▼ 20.3% |
| Amounts payable after more than one year17 | €2,014 | - | - | €38,291 | €42,938 | €31,325 | €19,536 | ▼ 37.6% |
| Financial debts170/4 | - | - | - | €38,291 | €42,938 | €31,325 | €19,536 | ▼ 37.6% |
| Amounts payable within one year42/48 | €38,134 | €37,600 | €29,861 | €113,787 | €60,314 | €61,837 | €54,692 | ▼ 11.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,082 | €11,440 | €10,052 | €10,228 | ▲ 1.8% |
| Trade debts44 | €7,828 | €8,908 | €2,866 | €9,094 | €17,325 | €12,929 | €2,466 | ▼ 80.9% |
| Suppliers440/4 | - | - | - | €9,094 | €17,325 | €12,929 | €2,466 | ▼ 80.9% |
| Taxes, remuneration and social security45 | - | - | - | €22,222 | €18,867 | €27,073 | €31,695 | ▲ 17.1% |
| Taxes450/3 | - | - | - | €10,122 | €4,456 | €7,932 | €13,022 | ▲ 64.2% |
| Remuneration and social security454/9 | - | - | - | €12,100 | €14,411 | €19,142 | €18,673 | ▼ 2.4% |
| Other amounts payable47/48 | - | - | - | €74,389 | €12,682 | €11,784 | €10,303 | ▼ 12.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,699 | -€12,618 | €27,519 | €21,816 | -€8,675 | -€6,395 | €12,833 | - |
| + Depreciation and write-downs630 | €12,654 | €11,292 | €11,733 | €8,131 | €12,719 | €16,806 | €16,809 | = |
| Operating cash flow (approximation) | €35,353 | -€1,326 | €39,252 | €29,947 | €4,044 | €10,410 | €29,642 | ▲ 185% |
| Investment in fixed assets (approximation) | - | -€1 | -€17,971 | -€48,421 | -€21,115 | €0 | -€4,309 | - |
| Change in cash | - | -€10,523 | €28,765 | €38,556 | -€94,782 | -€9,016 | €16,063 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as LA STRADELLA has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of LA STRADELLA itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for LA STRADELLA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 25-07-2025 | 2025-00314380 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00404408 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00430716 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20108657 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-59000055 | |
| 31-12-2019 | micro format | 16-07-2020 | 2020-32100352 | |
| 31-12-2018 | micro format | 07-08-2019 | 2019-45200322 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61900361 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-55100257 | |
| 31-12-2015 | full format | 29-08-2016 | 2016-52200049 |