LE CABARET
ActiveThe computed 12-month bankruptcy probability of LE CABARET is 2.7% (moderate). The 2024 annual accounts show equity of €15k and a net result of €-22k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 18939 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-73
Solvency52▼-48
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 10.83 in 2023; short-term debt: 72.9% and cash: 45.7% of total assets), and 72.9% 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
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 →
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
27.1%
Return on assets
-38.6%
Age of the figures
21 mo
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 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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
not confirmed
2024
28 d late
2023
30 d late
2022
30 d late
2021
153 d late
2020
142 d late
2019
130 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€15k▼ 90.8%
2023 · €167k
2018: €126k
2019: €144k
2020: €157k
2021: €167k
2022: €161k
2023: €167k
2018 → 2024
Total assets
€57k▼ 69.0%
2023 · €183k
2018: €131k
2019: €163k
2020: €173k
2021: €180k
2022: €174k
2023: €183k
2018 → 2024
Net result
€-22k
2023 · €6k
2018: €4k
2019: €18k
2020: €17k
2021: €11k
2022: €-6k
2023: €6k
2018 → 2024
Working capital
€7k▼ 95.7%
2023 · €153k
2018: €120k
2019: €138k
2020: €151k
2021: €163k
2022: €144k
2023: €153k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€157k-€167k▲ 6.8%€161k▼ 3.6%€167k▲ 3.6%€15k▼ 90.8%
Operating result€18k-€9k▼ 47.8%€-7k€4k€-23k
Net result€17k-€11k▼ 38.2%€-6k€6k€-22k
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 2024: a loss of €23k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57k
Fixed assets
€9k▼ 36.4%
Current assets
€48k▼ 71.7%
Equity and liabilities €57k
Equity
€15k▼ 90.8%
Debt
€41k▲ 165%
The debt ratio rises from 8.5% to 72.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-18k▼
2023 · €9k
Cash flow
€-17k▼
2023 · €11k
Solvency
27.1%▼
2023 · 91.5%
Current ratio
1.16▼
2023 · 10.83
Quick ratio
1.13▼
2023 · 10.79
Debt / equity
2.69▲
2023 · 0.09
ROE
-142.3%▼
2023 · 3.4%
ROA
-38.6%▼
2023 · 3.1%
Interest coverage
-21.05▼
2023 · 25.83
Debt
€41k▲
2023 · €16k
Debt ≤ 1 year
€41k▲
2023 · €16k
Income taxes
€128▲
2023 · €123
Staff costs
€70k▲
2023 · €48k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€183k€57k▼
Fixed assets21/28€14k€9k▼
Tangible fixed assets22/27€10k€5k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€8k€4k▼
Financial fixed assets28€4k€4k=
Current assets29/58€169k€48k▼
Stocks and contracts in progress3€650€1k▲
Stocks30/36€650€1k▲
Amounts receivable within one year40/41€60k€15k▼
Trade receivables40€971€1k▲
Other amounts receivable41€59k€14k▼
Cash at bank and in hand54/58€102k€26k▼
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€183k€57k▼
Equity10/15€167k€15k▼
Contributions10/11€19k€19k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€137k€-15k▼
Amounts payable17/49€16k€41k▲
Amounts payable within one year42/48€16k€41k▲
Trade debts44€5k€610▼
Suppliers440/4€5k€610▼
Taxes, remuneration and social security45€11k€41k▲
Taxes450/3€5k€33k▲
Remuneration and social security454/9€6k€8k▲
Income statement
Code20232024
Remuneration, social security and pensions62€48k€70k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€1k-
Other operating charges640/8€732€884▲
Gross operating margin9900€59k€54k▼
Operating profit (loss)9901€4k€-23k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€338€834▲
Recurring financial charges65€338€834▲
Profit (loss) for the period before taxes9903€6k€-22k▼
Income taxes67/77€123€128▲
Profit (loss) for the period9904€6k€-22k▼
Profit (loss) for the period to be appropriated9905€6k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€115k▼
Profit (loss) brought forward from the previous period14P€131k€137k▲
Profit to be distributed694/7-€130k
Return on contributions (dividend)694-€130k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-22k ▼480%
Net result drops to €-22k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 142 days late
2020
31-12
Financial
Equity above €150kEq €157k ▲8.6%
3 profitable years in a row build equity to €157k.
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 130 days late
2019
31-12
Financial
Highest result since 2018net €18k ▲390%
Net result €18k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 134 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
28-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 28 days late
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, Tournai · 1 establishment unit since 2013
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.
Rue Royale(TOU) 327500 TournaiGround area
188 m²
Building footprint
94 m²
Volume, LiDAR
2,405 m³
Parcel 57462D0170/00V000, Wallonia · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LE CABARET
since 20132.224.728.751
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462D0170/00V000 | Wallonia | 188 m² | 1 · 94 m² | 19.5 m · 5 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 siteTournai2.224.728.751
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 8,216 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2013
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.