Modern Sushi
ActiveThe computed 12-month bankruptcy probability of Modern Sushi is 3.4% (moderate). The 2025 annual accounts show equity of €158k and a net result of €73k. Its solvency ranks better than 87% of 13204 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+29
Growth52
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.88 against 1.64 in 2024; short-term debt: 24.5% and cash: 94.6% of total assets), and 24.5% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
75.5%
Return on assets
34.8%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
23 d early
2024
8 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
Equity
€158k▲ 85.4%
2024 · €85k
2024: €85k
2024 → 2025
Total assets
€210k▲ 12.4%
2024 · €187k
2024: €187k
2024 → 2025
Net result
€73k▼ 9.3%
2024 · €80k
2024: €80k
2024 → 2025
Working capital
€148k▲ 128%
2024 · €65k
2024: €65k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€85k-€158k▲ 85.4%
Operating result€105k-€94k▼ 10.7%
Net result€80k-€73k▼ 9.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210k
Fixed assets
€11k▼ 49.2%
Current assets
€199k▲ 20.1%
Equity and liabilities €210k
Equity
€158k▲ 85.4%
Debt
€51k▼ 49.3%
The debt ratio falls from 54.2% to 24.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€104k▼
2024 · €120k
Cash flow
€83k▼
2024 · €96k
Solvency
75.5%▲
2024 · 45.8%
Current ratio
3.88▲
2024 · 1.64
Quick ratio
3.86▲
2024 · 1.63
Debt / equity
0.32▼
2024 · 1.18
ROE
46.1%▼
2024 · 94.1%
ROA
34.8%▼
2024 · 43.1%
Interest coverage
85.81▲
2024 · 81.53
Debt
€51k▼
2024 · €101k
Debt ≤ 1 year
€51k▼
2024 · €101k
Income taxes
€20k▼
2024 · €23k
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€187k€210k▲
Fixed assets21/28€21k€11k▼
Intangible fixed assets21€8k€6k▼
Tangible fixed assets22/27€12k€5k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€10k€3k▼
Current assets29/58€166k€199k▲
Stocks and contracts in progress3€750€750=
Stocks30/36€750€750=
Amounts receivable within one year40/41€3k€28▼
Trade receivables40€3k-
Other amounts receivable41-€28
Cash at bank and in hand54/58€162k€198k▲
Equity and liabilities
Total equity and liabilities10/49€187k€210k▲
Equity10/15€85k€158k▲
Contributions10/11€5k€5k=
Reserves13€80k€153k▲
Distributable reserves133€80k€153k▲
Amounts payable17/49€101k€51k▼
Amounts payable within one year42/48€101k€51k▼
Trade debts44€27k€2k▼
Suppliers440/4€27k€2k▼
Taxes, remuneration and social security45€49k€44k▼
Taxes450/3€25k€44k▲
Remuneration and social security454/9€24k-
Other amounts payable47/48€25k€6k▼
Accrued charges and deferred income492/3€221-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€10k▼
Other operating charges640/8€7k€1k▼
Gross operating margin9900€127k€105k▼
Operating profit (loss)9901€105k€94k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€103k€92k▼
Income taxes67/77€23k€20k▼
Profit (loss) for the period9904€80k€73k▼
Profit (loss) for the period to be appropriated9905€80k€73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€73k▼
Transfer to equity691/2€80k€73k▼
To other reserves6921€80k€73k▼
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
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 3.88
Current ratio from 1.64 to 3.88; short-term debt falls from €101k to €51k.
31-12
Financial
Equity above €150kEq €158k ▲85.4%
2 profitable years in a row build equity to €158k.
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tervuren · 1 establishment unit since 2023
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.
Kerkstraat 253080 TervurenGround area
218 m²
Building footprint
187 m²
Volume, LiDAR
1,529 m³
Parcel 24302D0173/00P000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Modern Sushi
since 20232.347.419.202
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302D0173/00P000 | Flanders | 218 m² | 1 · 187 m² | 12.8 m · 3 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 siteTervuren2.347.419.202
Similar companies · same sector, comparable size
't KANTIENTJE
BE 0898.160.612
Knokke-Heist · Eq €158k
FORTEZZIO
BE 0540.668.397
Martelange · Eq €158k
PIZZA ANGELO THE SECOND
BE 0841.323.956
Tienen · Eq €158k
LA BONNE AUBERGE
BE 0787.769.464
Viroinval · Eq €158k
La Table d'Hôte
BE 0419.723.354
Brussel · Eq €159k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 8,972 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2023
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.modernsushi.be