MARC NÜCHTERN CATERING SERVICE
ActiveMARC NÜCHTERN CATERING SERVICE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.67M and a net result of €-31k. Equity is growing by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 810 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68=
Solvency75▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.38 in 2024; short-term debt: 21.4% and cash: 1.7% of total assets), and 50.3% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.7%
Return on assets
-0.9%
Age of the figures
9 mo
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 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
106 d early
2024
55 d early
2023
110 d early
2022
87 d early
2021
34 d early
2020
102 d early
2019
100 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-31k▼ 47.8%
2024 · €-21k
2018: €16k
2019: €28k
2020: €-139k
2021: €1.29M
2022: €77k
2023: €516k
2024: €-21k
2018 → 2025
Working capital
€-445k▼ 82.6%
2024 · €-244k
2018: €-329k
2019: €-384k
2020: €-301k
2021: €1.48M
2022: €-111k
2023: €214k
2024: €-244k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.31M-€1.35M▲ 2.8%€1.85M▲ 37.0%€1.80M▼ 2.6%€1.67M▼ 7.4%
Operating result€1.69M-€93k▼ 94.5%€642k▲ 594%€-27k€-31k▼ 14.6%
Net result€1.29M-€77k▼ 94.0%€516k▲ 566%€-21k€-31k▼ 47.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €27k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.36M
Fixed assets
€3.08M▼ 0.5%
Current assets
€273k▲ 83.4%
Equity and liabilities €3.36M
Equity
€1.67M▼ 7.4%
Provisions
€393k▼ 7.9%
Debt
€1.30M▲ 26.9%
The debt ratio rises from 31.4% to 38.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€242k▲
2024 · €207k
Cash flow
€242k▲
2024 · €213k
Solvency
49.7%▼
2024 · 55.5%
Current ratio
0.38▲
2024 · 0.38
Quick ratio
0.28▲
2024 · 0.23
Debt / equity
0.78▲
2024 · 0.57
ROE
-1.8%▼
2024 · -1.2%
ROA
-0.9%▼
2024 · -0.6%
Interest coverage
7.25▼
2024 · 13.07
Debt
€1.30M▲
2024 · €1.02M
Debt ≤ 1 year
€718k▲
2024 · €393k
Debt > 1 year
€567k▼
2024 · €611k
Income taxes
€2k▲
2024 · €100
Staff costs
€566k▲
2024 · €506k
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€3.25M€3.36M▲
Fixed assets21/28€3.10M€3.08M▼
Tangible fixed assets22/27€3.10M€3.08M▼
Land and buildings22€2.70M€2.68M▼
Plant, machinery and equipment23€31k€23k▼
Furniture and vehicles24€367k€374k▲
Financial fixed assets28€4k€4k=
Current assets29/58€149k€273k▲
Stocks and contracts in progress3€58k€74k▲
Stocks30/36€58k€74k▲
Amounts receivable within one year40/41€65k€134k▲
Trade receivables40€54k€106k▲
Other amounts receivable41€11k€29k▲
Cash at bank and in hand54/58€12k€57k▲
Deferred charges and accrued income490/1€14k€7k▼
Equity and liabilities
Total equity and liabilities10/49€3.25M€3.36M▲
Equity10/15€1.80M€1.67M▼
Contributions10/11€19k€19k=
Reserves13€1.75M€1.65M▼
Tax-exempt reserves132€1.28M€1.18M▼
Distributable reserves133€472k€472k=
Profit (loss) carried forward14€32k-
Provisions and deferred taxes16€426k€393k▼
Deferred taxes168€426k€393k▼
Amounts payable17/49€1.02M€1.30M▲
Amounts payable after more than one year17€611k€567k▼
Financial debts170/4€611k€567k▼
Amounts payable within one year42/48€393k€718k▲
Current portion of amounts payable after more than one year42€186k€246k▲
Trade debts44€67k€72k▲
Suppliers440/4€67k€72k▲
Advances received on contracts in progress46€41k€51k▲
Taxes, remuneration and social security45€95k€104k▲
Taxes450/3€50k€54k▲
Remuneration and social security454/9€45k€49k▲
Other amounts payable47/48€3k€246k▲
Accrued charges and deferred income492/3€17k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€51k-
Remuneration, social security and pensions62€506k€566k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€234k€273k▲
Other operating charges640/8€12k€16k▲
Gross operating margin9900€725k€824k▲
Operating profit (loss)9901€-27k€-31k▼
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€16k€33k▲
Recurring financial charges65€16k€33k▲
Profit (loss) for the period before taxes9903€-38k€-62k▼
Transfer from deferred taxes780€17k€34k▲
Income taxes67/77€100€2k▲
Profit (loss) for the period9904€-21k€-31k▼
Transfer from tax-exempt reserves789€50k€101k▲
Profit (loss) for the period to be appropriated9905€29k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€102k▲
Profit (loss) brought forward from the previous period14P€3k€32k▲
Transfer from equity791/2€27k-
Profit to be distributed694/7€27k€102k▲
Return on contributions (dividend)694€27k€102k▲
Social balance
Average headcount (FTE)908730.536.9▲
The notes to these accounts (9 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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €1.29M
Net result €1.29M after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 3.59
Current ratio from 0.35 to 3.59.
31-12
Financial
Equity above €1MEq €1.31M ▲6361%
Equity rises from €20k to €1.31M.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-139k ▼601%
Net result drops to €-139k, the lowest in the series; recovery starts the following year.
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €150kEq €159k ▲21.1%
2 profitable years in a row build equity to €159k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Eupen · 1 establishment unit since 2009
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.
Hütte 644700 Eupen1 establishment unit
Atelier
since 20092.180.154.776
Recognitions · licences · registrations
Food safety, FASFC
1 siteEupen2.180.154.776
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HOEVE DEWALLEFF
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 2,712 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2003
Fiscal year end31-12
Abbreviation DE
MNCS
Trade name DE
Atelier SRL
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55302
56210Event catering
55522
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filings
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.