NATALE
ActiveSummary
NATALE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €716. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▼-46
Solvency41▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.77 in 2024; short-term debt: 42.9% and cash: 7.4% of total assets), and 84.2% of the assets are financed with debt.
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Signals
Five 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
15.8%
Return on assets
0.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €33k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
30 d early
2023
48 d early
2022
35 d early
2021
26 d early
2020
33 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€33k▲ 2.2%
2024 · €33k
Total assets
€212k▼ 4.2%
2024 · €221k
Net result
€716▼ 96.4%
2024 · €20k
Working capital
€-32k▼ 76.4%
2024 · €-18k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13k▼ 57.9%€3k▼ 74.4%€19k▲ 477%€31k▲ 62.9%€9k▼ 69.7%
Net result€5k▼ 77.5%€-9k€11k€20k▲ 84.6%€716▼ 96.4%
Equity€12k▲ 71.7%€2k▼ 79.3%€13k▲ 444%€33k▲ 151%€33k▲ 2.2%
Total assets€242k▲ 3.0%€223k▼ 8.0%€203k▼ 9.0%€221k▲ 9.0%€212k▼ 4.2%
Debt€230k▲ 1.0%€220k▼ 4.4%€190k▼ 13.9%€188k▼ 0.7%€178k▼ 5.3%
Working capital€-729▲ 78.6%€-25k▼ 3,359%€-18k▲ 28.4%€-18k▼ 1.1%€-32k▼ 76.4%
Staff (FTE)3.2▲ 39.1%3.2=3.1▼ 3.1%3.1=3▼ 3.2%
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 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212k
Fixed assets
€153k ▼ 3.2%
Current assets
€59k ▼ 6.5%
Equity and liabilities €212k
Equity
€33k ▲ 2.2%
Debt
€178k ▼ 5.3%
Debt's share of the balance-sheet total falls from 85.2% to 84.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €44k
Cash flow
€8k▼
2024 · €33k
Current ratio
0.65▼
2024 · 0.77
Quick ratio
0.54▼
2024 · 0.67
Debt to equity
5.33▼
2024 · 5.75
ROE
2.1%▼
2024 · 60.1%
ROA
0.3%▼
2024 · 8.9%
Interest coverage
1.77▼
2024 · 6.64
Debt ≤ 1 year
€91k▲
2024 · €81k
Debt > 1 year
€88k▼
2024 · €101k
Income taxes
€-859▼
2024 · €4k
Staff costs
€123k▲
2024 · €73k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €26k | - |
| Remuneration, social security and pensions62 | €39k | €74k | €79k | €73k | €123k | ▲ 69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €12k | €14k | €13k | €8k | ▼ 42.8% |
| Other operating charges640/8 | €7k | €6k | €4k | €4k | €2k | ▼ 44.6% |
| Gross operating margin9900 | €70k | €95k | €115k | €121k | €142k | ▲ 17.6% |
| Operating profit (loss)9901 | €13k | €3k | €19k | €31k | €9k | ▼ 69.7% |
| Financial income75/76B | €1k | €1k | €642 | €146 | €92 | ▼ 37.3% |
| Recurring financial income75 | €1k | €1k | €642 | €146 | €92 | ▼ 37.3% |
| Financial charges65/66B | €9k | €13k | €9k | €7k | €10k | ▲ 41.3% |
| Recurring financial charges65 | €9k | €9k | €8k | €7k | €10k | ▲ 44.0% |
| Non-recurring financial charges66B | - | €4k | €231 | €123 | - | - |
| Profit (loss) for the period before taxes9903 | €5k | €-9k | €11k | €24k | €-143 | ▼ 101% |
| Income taxes67/77 | - | €243 | €225 | €4k | €-859 | ▼ 119% |
| Profit (loss) for the period9904 | €5k | €-9k | €11k | €20k | €716 | ▼ 96.4% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-9k | €11k | €20k | €716 | ▼ 96.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €242k | €223k | €203k | €221k | €212k | ▼ 4.2% |
| Fixed assets21/28 | €178k | €184k | €171k | €158k | €153k | ▼ 3.2% |
| Tangible fixed assets22/27 | €178k | €184k | €171k | €158k | €153k | ▼ 3.2% |
| Land and buildings22 | €174k | €168k | €161k | €155k | €148k | ▼ 4.2% |
| Plant, machinery and equipment23 | €4k | €3k | €2k | €1k | €5k | ▲ 283% |
| Furniture and vehicles24 | - | €13k | €8k | €2k | - | - |
| Current assets29/58 | €63k | €39k | €32k | €63k | €59k | ▼ 6.5% |
| Stocks and contracts in progress3 | €6k | €6k | €7k | €9k | €10k | ▲ 9.3% |
| Stocks30/36 | €6k | €6k | €7k | €9k | €10k | ▲ 9.3% |
| Amounts receivable within one year40/41 | €2k | €799 | €579 | €13k | €4k | ▼ 68.9% |
| Trade receivables40 | €727 | - | €433 | €8k | - | - |
| Other amounts receivable41 | €927 | €799 | €146 | €4k | €4k | ▼ 9.2% |
| Cash at bank and in hand54/58 | €56k | €32k | €24k | €37k | €16k | ▼ 57.8% |
| Deferred charges and accrued income490/1 | - | - | - | €4k | €29k | ▲ 637% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €242k | €223k | €203k | €221k | €212k | ▼ 4.2% |
| Equity10/15 | €12k | €2k | €13k | €33k | €33k | ▲ 2.2% |
| Contributions10/11 | €46k | €46k | €46k | €46k | €46k | = |
| Reserves13 | €150 | €150 | €150 | €150 | €150 | = |
| Non-distributable reserves130/1 | €150 | €150 | - | - | - | - |
| Reserves not available under the articles1311 | €150 | €150 | - | - | - | - |
| Distributable reserves133 | - | - | €150 | €150 | €150 | = |
| Profit (loss) carried forward14 | €-35k | €-44k | €-33k | €-14k | €-13k | ▲ 5.3% |
| Amounts payable17/49 | €230k | €220k | €190k | €188k | €178k | ▼ 5.3% |
| Amounts payable after more than one year17 | €165k | €156k | €140k | €101k | €88k | ▼ 13.7% |
| Financial debts170/4 | €140k | €131k | €115k | €101k | €88k | ▼ 13.7% |
| Other amounts payable178/9 | €25k | €25k | €25k | - | - | - |
| Amounts payable within one year42/48 | €64k | €64k | €50k | €81k | €91k | ▲ 12.2% |
| Current portion of amounts payable after more than one year42 | €12k | €20k | €16k | €13k | €14k | ▲ 4.6% |
| Trade debts44 | €11k | €18k | €20k | €23k | €22k | ▼ 4.1% |
| Suppliers440/4 | €11k | €18k | €20k | €23k | €22k | ▼ 4.1% |
| Advances received on contracts in progress46 | - | - | - | - | €5k | - |
| Taxes, remuneration and social security45 | €11k | €14k | €13k | €20k | €28k | ▲ 41.9% |
| Taxes450/3 | €3k | €6k | €5k | €4k | €15k | ▲ 268% |
| Remuneration and social security454/9 | €8k | €8k | €8k | €16k | €13k | ▼ 16.5% |
| Other amounts payable47/48 | €30k | €12k | €414 | €25k | €22k | ▼ 11.0% |
| Accrued charges and deferred income492/3 | €1k | - | - | €6k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-9k | €11k | €20k | €716 | ▼ 96.4% |
| + Depreciation and write-downs630 | €11k | €12k | €14k | €13k | €8k | ▼ 42.8% |
| Operating cash flow (approximation) | €16k | €3k | €24k | €33k | €8k | ▼ 74.7% |
| Investment in fixed assets (approximation) | - | €-17k | €-413 | €-689 | €-3k | ▼ 268% |
| Change in cash | - | €-24k | €-8k | €14k | €-22k | ▼ 258% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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 2005
Ground area
417 m²
Building footprint
119 m²
Volume, LiDAR
1,467 m³
Parcel 11006A0220/00N007, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RISTRETTO
since 20052.144.985.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0220/00N007 | Flanders | 417 m² | 1 · 119 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 siteAntwerpen2.144.985.546
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. 8,431 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-10-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.