NATURAL SPICES
ActiveThe computed 12-month bankruptcy probability of NATURAL SPICES is 2.5% (moderate). The 2024 annual accounts show negative equity (€-155k) and a net result of €-69k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 15868 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-93
Solvency0=
Growth55▼-17
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.51 in 2023; short-term debt: 156% and cash: 3.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-56%
Return on assets
-25%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-155k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-12-2025, 134 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
134 d late
2023
29 d late
2022
71 d late
2021
50 d late
2020
551 d late
2019
332 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€27k▲ 1,467%
2019 · €2k
2019: €2k
2019 → 2021
EBIT margin
50.6%▲ 511.5pp
2019 · -461.0%
2019: -461.0%
2019 → 2021
Net result
€-69k
2023 · €24k
2018: €-4k
2019: €-8k
2020: €8k
2021: €12k
2022: €-107k
2023: €24k
2018 → 2024
Working capital
€-169k▼ 63.7%
2023 · €-103k
2018: €3k
2019: €-9k
2020: €-10k
2021: €-118
2022: €-115k
2023: €-103k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€27k
Equity€3k-€15k▲ 448%€-110k€-86k▲ 21.8%€-155k▼ 80.4%
Operating result€9k-€14k▲ 51.3%€-106k€25k€-61k
Net result€8k-€12k▲ 53.4%€-107k€24k€-69k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €61k after €25k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €277k
Fixed assets
€14k▼ 22.4%
Current assets
€263k▲ 146%
Key figures and ratios
EBITDA
€-57k▼
2023 · €28k
Cash flow
€-65k▼
2023 · €27k
Solvency
-56.0%▲
2023 · -69.0%
Current ratio
0.61▲
2023 · 0.51
Quick ratio
0.58▲
2023 · 0.47
Debt / equity
-2.78▼
2023 · -2.45
ROA
-25.0%▼
2023 · 19.2%
Interest coverage
-7.38▼
2023 · 9.33
Debt
€432k▲
2023 · €211k
Debt ≤ 1 year
€432k▲
2023 · €210k
Income taxes
€1k▼
2023 · €1k
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€125k€277k▲
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€11k€7k▼
Furniture and vehicles24€8k€4k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€7k€7k=
Current assets29/58€107k€263k▲
Stocks and contracts in progress3€7k€14k▲
Stocks30/36€7k€14k▲
Amounts receivable within one year40/41€80k€229k▲
Trade receivables40€80k€229k▲
Cash at bank and in hand54/58€6k€10k▲
Deferred charges and accrued income490/1€14k€9k▼
Equity and liabilities
Total equity and liabilities10/49€125k€277k▲
Equity10/15€-86k€-155k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-92k€-161k▼
Amounts payable17/49€211k€432k▲
Amounts payable within one year42/48€210k€432k▲
Financial debts43-€13
Credit institutions430/8-€13
Trade debts44€90k€114k▲
Suppliers440/4€90k€114k▲
Taxes, remuneration and social security45€16k€18k▲
Taxes450/3€16k€18k▲
Other amounts payable47/48€103k€300k▲
Accrued charges and deferred income492/3€735€168▼
Income statement
Code20232024
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€14k€5k▼
Gross operating margin9900€42k€-52k▼
Operating profit (loss)9901€25k€-61k▼
Financial income75/76B€3k€622▼
Recurring financial income75€3k€622▼
Financial charges65/66B€3k€8k▲
Recurring financial charges65€3k€8k▲
Profit (loss) for the period before taxes9903€25k€-68k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€24k€-69k▼
Profit (loss) for the period to be appropriated9905€24k€-69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-161k▼
Profit (loss) brought forward from the previous period14P€-116k€-92k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 134 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 551 days late
2022
31-12
Financial
Weakest financial yearnet €-107k ▼971%
Net result drops to €-107k, the lowest in the series; recovery starts the following year.
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 50 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 332 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
2019
20-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 81 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
21-04-2020
Resigned as Managing director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2018
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.
Sterrewachtlaan 1041180 UkkelGround area
1,886 m²
Building footprint
411 m²
Volume, LiDAR
3,679 m³
2 parcels, Brussels · tallest building 15.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
de Henninstraat 71, 1050 Elsene
since 20182.275.830.232
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0291/00G011 | Brussels | 1,457 m² | 1 · 281 m² | 12.2 m · 3 fl. |
| 21444B0199/00E031 | Brussels | 429 m² | 1 · 130 m² | 15.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteElsene2.275.830.232
Similar companies · same sector, comparable size
ATLAS PACK & FOOD
BE 0743.668.316
Sint-Genesius-Rode · Eq €15k
VINATL
BE 0700.253.985
Liège · Eq €15k
FS FOOD
BE 1006.896.820
Overijse · Eq €15k
MAYIO
BE 0785.976.845
Ukkel · Eq €16k
M. JOBKENNE et FILS
BE 0422.335.129
Thimister-Clermont · Eq €14k
Of 1,428 companies in sector 46389 we hold annual accounts for 855. 386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-04-2018
Fiscal year end31-12
Activities, NACEBEL
46389Wholesale of other food products
46370Wholesale trade
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:majoralpierre@gmail.com