NEGOCOM
ActiveNEGOCOM has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-38k) and a net result of €7k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 13090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.11 in 2024; short-term debt: 377.8% and cash: 26.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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
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 2025Solvency, return and age of the figures
Solvency
-277.8%
Return on assets
48.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 13090 sector peers (2025).
NBB · sector comparisonPosition among 13090 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 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
15 d late
2024
47 d early
2023
8 d early
2022
1 d early
2021
21 d late
2020
23 d late
2019
31 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-38k▲ 14.9%
2024 · €-45k
2018: €-36k
2019: €-36k
2020: €-39k
2021: €-34k
2022: €-43k
2023: €-43k
2024: €-45k
2018 → 2025
Total assets
€14k▲ 5.7%
2024 · €13k
2018: €33k
2019: €27k
2020: €15k
2021: €17k
2022: €25k
2023: €19k
2024: €13k
2018 → 2025
Net result
€7k
2024 · €-2k
2018: €-7k
2019: €-670
2020: €-3k
2021: €5k
2022: €-3k
2023: €8
2024: €-2k
2018 → 2025
Working capital
€-44k▲ 14.5%
2024 · €-52k
2018: €-48k
2019: €-51k
2020: €-49k
2021: €-42k
2022: €-53k
2023: €-50k
2024: €-52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-34k-€-43k▼ 24.3%€-43k=€-45k▼ 5.6%€-38k▲ 14.9%
Operating result€-14k-€-8k▲ 44.4%€238€-2k€7k
Net result€5k-€-3k€8€-2k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€6k▼ 11.9%
Current assets
€8k▲ 23.9%
Key figures and ratios
EBITDA
€8k▲
2024 · €-1k
Cash flow
€7k▲
2024 · €-1k
Solvency
-277.8%▲
2024 · -345.0%
Current ratio
0.15▲
2024 · 0.11
Quick ratio
0.10▲
2024 · 0.07
Debt / equity
-1.36▼
2024 · -1.29
ROA
48.5%▲
2024 · -18.3%
Interest coverage
12.79▲
2024 · -2.09
Debt
€52k▼
2024 · €58k
Debt ≤ 1 year
€52k▼
2024 · €58k
Staff costs
€335▼
2024 · €2k
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€13k€14k▲
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€222€194▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€2k€2k=
Current assets29/58€6k€8k▲
Stocks and contracts in progress3€2k€3k▲
Stocks30/36€2k€3k▲
Amounts receivable within one year40/41€353€894▲
Trade receivables40€353€639▲
Other amounts receivable41-€255
Cash at bank and in hand54/58€4k€4k▲
Deferred charges and accrued income490/1€207€881▲
Equity and liabilities
Total equity and liabilities10/49€13k€14k▲
Equity10/15€-45k€-38k▲
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-100k€-93k▲
Amounts payable17/49€58k€52k▼
Amounts payable within one year42/48€58k€52k▼
Current portion of amounts payable after more than one year42€1k-
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€713€1k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€47k€42k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2k€335▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€791▼
Other operating charges640/8€774€793▲
Non-recurring operating charges66A-€53
Gross operating margin9900€1k€9k▲
Operating profit (loss)9901€-2k€7k▲
Financial income75/76B€397€252▼
Recurring financial income75€4€1▼
Non-recurring financial income76B€394€251▼
Financial charges65/66B€528€614▲
Recurring financial charges65€528€614▲
Profit (loss) for the period before taxes9903€-2k€7k▲
Profit (loss) for the period9904€-2k€7k▲
Profit (loss) for the period to be appropriated9905€-2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-100k€-93k▲
Profit (loss) brought forward from the previous period14P€-97k€-100k▼
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
Next filing, fiscal year 2026, expected by
2026
15-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €8
Net result €8 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day 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, Thuin · 1 establishment unit since 1972
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.
Rue d'Anderlues(THN) 556530 ThuinGround area
773 m²
Building footprint
143 m²
Volume, LiDAR
1,164 m³
Parcel 56078A0501/00H004, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Les Caves de la Source
since 19722.038.129.653
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56078A0501/00H004 | Wallonia | 773 m² | 1 · 143 m² | 10.3 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 siteThuin2.038.129.653
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 20,506 companies in sector 56111 we hold annual accounts for 11,453.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-1971
Fiscal year end31-12
Activities, NACEBEL
55401
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 49 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
2 entriesE-mail:annickgoffin@hotmail.com
Phone:0476/96.23.63