Natobel
ActiveSummary
The computed 12-month bankruptcy probability of Natobel is 3.1% (moderate). The 2025 annual accounts show equity of €5k and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 13417 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-14
Solvency26▼-34
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four 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 →
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
1.2%
Return on assets
5.9%
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 30-05-2026, 62 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
62 d early
2024
27 d early
2023
37 d early
2022
33 d early
2021
34 d early
2020
33 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
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 96.5%
2024 · €142k
2020: €69k
2021: €129k▲ +86.5% vs 2020
2022: €149k▲ +16.1% vs 2021highest in 6 years
2023: €74k▼ -50.4% vs 2022
2024: €142k▲ +91.4% vs 2023
2025: €5k▼ -96.5% vs 2024lowest in 6 years
2020 → 2025
Total assets
€401k▼ 0.1%
2024 · €401k
2020: €400k
2021: €467k▲ +16.5% vs 2020
2022: €468k▲ +0.3% vs 2021highest in 6 years
2023: €392k▼ -16.2% vs 2022lowest in 6 years
2024: €401k▲ +2.3% vs 2023
2025: €401k▼ -0.1% vs 2024
2020 → 2025
Net result
€24k▼ 64.9%
2024 · €68k
2020: €34k
2021: €60k▲ +75.7% vs 2020
2022: €21k▼ -65.4% vs 2021lowest in 6 years
2023: €39k▲ +87.6% vs 2022
2024: €68k▲ +74.5% vs 2023highest in 6 years
2025: €24k▼ -64.9% vs 2024
2020 → 2025
Working capital
€-171k
2024 · €91k
2020: €15k
2021: €75k▲ +382% vs 2020
2022: €85k▲ +13.7% vs 2021
2023: €21k▼ -75.5% vs 2022
2024: €91k▲ +336% vs 2023highest in 6 years
2025: €-171k▼ -288% vs 2024lowest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€129k-€149k▲ 16.1%€74k▼ 50.4%€142k▲ 91.4%€5k▼ 96.5%
2021: €129k
2022: €149k▲ +16.1% vs 2021highest in 5 years
2023: €74k▼ -50.4% vs 2022
2024: €142k▲ +91.4% vs 2023
2025: €5k▼ -96.5% vs 2024lowest in 5 years
Operating result€75k-€33k▼ 55.6%€57k▲ 71.4%€98k▲ 72.8%€31k▼ 68.2%
2021: €75k
2022: €33k▼ -55.6% vs 2021
2023: €57k▲ +71.4% vs 2022
2024: €98k▲ +72.8% vs 2023highest in 5 years
2025: €31k▼ -68.2% vs 2024lowest in 5 years
Net result€60k-€21k▼ 65.4%€39k▲ 87.6%€68k▲ 74.5%€24k▼ 64.9%
2021: €60k
2022: €21k▼ -65.4% vs 2021lowest in 5 years
2023: €39k▲ +87.6% vs 2022
2024: €68k▲ +74.5% vs 2023highest in 5 years
2025: €24k▼ -64.9% vs 2024
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 68% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €401k
Fixed assets
€321k ▲ 48.3%
Current assets
€80k ▼ 56.8%
Equity and liabilities €401k
Equity
€5k ▼ 96.5%
Debt
€396k ▲ 52.4%
Debt's share of the balance-sheet total rises from 64.7% to 98.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64k▼
2024 · €130k
Cash flow
€57k▼
2024 · €99k
Current ratio
0.32▼
2024 · 1.96
Quick ratio
0.29▼
2024 · 1.91
Debt to equity
79.19▲
2024 · 1.83
ROE
474.3%▲
2024 · 47.8%
ROA
5.9%▼
2024 · 16.8%
Interest coverage
7.53▼
2024 · 12.59
Debt ≤ 1 year
€251k▲
2024 · €94k
Debt > 1 year
€145k▼
2024 · €166k
Staff costs
€120k▲
2024 · €91k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€401k€401k▼
Fixed assets21/28€217k€321k▲
Intangible fixed assets21€11k€9k▼
Tangible fixed assets22/27€205k€312k▲
Land and buildings22€174k€160k▼
Plant, machinery and equipment23€18k€141k▲
Furniture and vehicles24€13k€12k▼
Current assets29/58€185k€80k▼
Stocks and contracts in progress3€5k€8k▲
Stocks30/36€5k€8k▲
Amounts receivable within one year40/41€3k€19k▲
Trade receivables40€2k€135▼
Other amounts receivable41€566€19k▲
Current investments50/53€125k-
Cash at bank and in hand54/58€49k€50k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€401k€401k▼
Equity10/15€142k€5k▼
Contributions10/11€35k€5k▼
Reserves13€106k-
Distributable reserves133€106k-
Profit (loss) carried forward14€633-
Amounts payable17/49€260k€396k▲
Amounts payable after more than one year17€166k€145k▼
Financial debts170/4€166k€145k▼
Amounts payable within one year42/48€94k€251k▲
Current portion of amounts payable after more than one year42€22k€20k▼
Trade debts44-€13k
Suppliers440/4-€13k
Advances received on contracts in progress46€7k€5k▼
Taxes, remuneration and social security45€23k€32k▲
Taxes450/3€17k€18k▲
Remuneration and social security454/9€6k€14k▲
Other amounts payable47/48€43k€181k▲
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€91k€120k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€227k€190k▼
Operating profit (loss)9901€98k€31k▼
Financial income75/76B€3k€932▼
Recurring financial income75€3k€932▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€91k€24k▼
Income taxes67/77€23k-
Profit (loss) for the period9904€68k€24k▼
Profit (loss) for the period to be appropriated9905€68k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€24k▼
Profit (loss) brought forward from the previous period14P€994€633▼
Transfer from equity791/2-€136k
Transfer to equity691/2€68k-
To other reserves6921€68k-
Profit to be distributed694/7-€160k
Return on contributions (dividend)694-€160k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - | - |
| Remuneration, social security and pensions62 | €47k | €89k | €91k | €91k | €120k | ▲ 31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33k | €34k | €32k | €32k | €33k | ▲ 4.3% |
| Other operating charges640/8 | €4k | €3k | €5k | €5k | €6k | ▲ 2.4% |
| Gross operating margin9900 | €159k | €160k | €185k | €227k | €190k | ▼ 16.3% |
| Operating profit (loss)9901 | €75k | €33k | €57k | €98k | €31k | ▼ 68.2% |
| Financial income75/76B | €45 | €54 | €2k | €3k | €932 | ▼ 63.4% |
| Recurring financial income75 | €45 | €54 | €2k | €3k | €932 | ▼ 63.4% |
| Financial charges65/66B | €7k | €8k | €10k | €10k | €9k | ▼ 17.3% |
| Recurring financial charges65 | €7k | €8k | €10k | €10k | €9k | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | €67k | €25k | €49k | €91k | €24k | ▼ 73.8% |
| Income taxes67/77 | €8k | €4k | €10k | €23k | - | - |
| Profit (loss) for the period9904 | €60k | €21k | €39k | €68k | €24k | ▼ 64.9% |
| Profit (loss) for the period to be appropriated9905 | €60k | €21k | €39k | €68k | €24k | ▼ 64.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €467k | €468k | €392k | €401k | €401k | ▼ 0.1% |
| Fixed assets21/28 | €283k | €273k | €240k | €217k | €321k | ▲ 48.3% |
| Intangible fixed assets21 | €19k | €16k | €14k | €11k | €9k | ▼ 22.6% |
| Tangible fixed assets22/27 | €265k | €257k | €227k | €205k | €312k | ▲ 52.1% |
| Land and buildings22 | €224k | €206k | €189k | €174k | €160k | ▼ 7.9% |
| Plant, machinery and equipment23 | €35k | €30k | €23k | €18k | €141k | ▲ 672% |
| Furniture and vehicles24 | €6k | €21k | €15k | €13k | €12k | ▼ 13.7% |
| Current assets29/58 | €183k | €195k | €152k | €185k | €80k | ▼ 56.8% |
| Stocks and contracts in progress3 | €3k | €4k | €4k | €5k | €8k | ▲ 58.6% |
| Stocks30/36 | €3k | €4k | €4k | €5k | €8k | ▲ 58.6% |
| Amounts receivable within one year40/41 | €9k | €7k | €11k | €3k | €19k | ▲ 610% |
| Trade receivables40 | €6k | €140 | €10k | €2k | €135 | ▼ 93.4% |
| Other amounts receivable41 | €3k | €7k | €1k | €566 | €19k | ▲ 3,172% |
| Current investments50/53 | - | - | €100k | €125k | - | - |
| Cash at bank and in hand54/58 | €170k | €183k | €34k | €49k | €50k | ▲ 1.0% |
| Deferred charges and accrued income490/1 | €1k | €2k | €2k | €3k | €3k | ▲ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €467k | €468k | €392k | €401k | €401k | ▼ 0.1% |
| Equity10/15 | €129k | €149k | €74k | €142k | €5k | ▼ 96.5% |
| Contributions10/11 | €35k | €35k | €35k | €35k | €5k | ▼ 85.7% |
| Reserves13 | €93k | €114k | €38k | €106k | - | - |
| Distributable reserves133 | €93k | €114k | €38k | €106k | - | - |
| Profit (loss) carried forward14 | €573 | €232 | €994 | €633 | - | - |
| Amounts payable17/49 | €338k | €319k | €318k | €260k | €396k | ▲ 52.4% |
| Amounts payable after more than one year17 | €229k | €208k | €187k | €166k | €145k | ▼ 12.3% |
| Financial debts170/4 | €229k | €208k | €187k | €166k | €145k | ▼ 12.3% |
| Amounts payable within one year42/48 | €109k | €110k | €131k | €94k | €251k | ▲ 166% |
| Current portion of amounts payable after more than one year42 | €21k | €21k | €21k | €22k | €20k | ▼ 5.8% |
| Trade debts44 | €9k | €5k | €12k | - | €13k | - |
| Suppliers440/4 | €9k | €5k | €12k | - | €13k | - |
| Advances received on contracts in progress46 | - | €4k | €6k | €7k | €5k | ▼ 28.1% |
| Taxes, remuneration and social security45 | €10k | €16k | €19k | €23k | €32k | ▲ 38.7% |
| Taxes450/3 | €10k | €10k | €13k | €17k | €18k | ▲ 9.1% |
| Remuneration and social security454/9 | - | €5k | €6k | €6k | €14k | ▲ 116% |
| Other amounts payable47/48 | €69k | €64k | €74k | €43k | €181k | ▲ 324% |
| Accrued charges and deferred income492/3 | €75 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60k | €21k | €39k | €68k | €24k | ▼ 64.9% |
| + Depreciation and write-downs630 | €33k | €34k | €32k | €32k | €33k | ▲ 4.3% |
| Operating cash flow (approximation) | €93k | €55k | €71k | €99k | €57k | ▼ 42.9% |
| Investment in fixed assets (approximation) | - | €-24k | €0 | €-8k | €-137k | ▼ 1,668% |
| Change in cash | - | €13k | €-149k | €16k | €471 | ▼ 97.0% |
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
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €68k ▲74.5%
Operating result €98k, net result €68k, both a record.
31-12
Financial
Equity above €100kEq €142k ▲91.4%
5 profitable years in a row build equity to €142k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €21k ▼65.4%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €129k ▲86.5%
2 profitable years in a row build equity to €129k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Hooglede · 1 establishment unit since 2019
Ground area
620 m²
Building footprint
264 m²
Volume, LiDAR
3,659 m³
2 parcels, Flanders · tallest building 21.2 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kafe O Lait
since 20192.289.879.196
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006C0440/00N000 | Flanders | 441 m² | 1 · 91 m² | 6.0 m · 2 fl. |
| 34024A0172/00G002 | Flanders | 178 m² | 1 · 174 m² | 21.2 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteMenen2.289.879.196
Dual-learning approval
12 endedKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Kok duaal (so)
Restaurant en keuken duaal (so)
Hulpkok (so)
Show 6 more
Keukenmedewerker (so)
Kok (so)
Hulpkelner (so)
Hulpkelner (vwo)
Hulpkelner duaal (so)
Kelner (so)
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 5,041 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
Founded29-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.