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NEW CHATELAIN

Active
Private limited companyfounded 20233 yrs activeKasteleinsplein 30, 1050 Elsene, BelgiumKBO/BCE: BE 0799.969.193
Summary

The computed 12-month bankruptcy probability of NEW CHATELAIN is 10.1% (high). The 2025 annual accounts show negative equity (-€22,886) and a net result of €1,058. Equity is shrinking by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 13604 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
Axes · tick = 2024
Profitability52▲+52
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
10.1% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.05 in 2024; short-term debt: 172.7% and cash: 25.3% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
-73.3%
Return on assets
3.4%
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 12% of 13604 sector peers (2025).
NBB · sector comparison
Position among 13604 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
27 d late
2024
29 d late
2023
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

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. Usually files around 29 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 March 2023, NEW CHATELAIN was incorporated as a Private limited company.1 Total assets went from EUR 7,142 in 2023 to EUR 31,216 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€22,886▲ 4.4%
2024 · -€23,945
Total assets
€31,216▲ 270%
2024 · €8,436
Net result
€1,058
2024 · -€21,263
Working capital
-€42,335▼ 37.9%
2024 · -€30,705
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€12,682--€21,045▼ 65.9%€2,519
Net result-€12,682below the sector's middle half--€21,263below the sector's middle half▼ 67.7%€1,058within the sector's middle half
Equity-€2,682within the sector's middle half--€23,945below the sector's middle half▼ 793%-€22,886below the sector's middle half▲ 4.4%
Total assets€7,142below the sector's middle half-€8,436below the sector's middle half▲ 18.1%€31,216below the sector's middle half▲ 270%
Debt€9,824-€32,380▲ 230%€54,102▲ 67.1%
Working capital-€9,442within the sector's middle half--€30,705within the sector's middle half▼ 225%-€42,335below the sector's middle half▼ 37.9%
Solvency-37.5%below the sector's middle half--283.9%below the sector's middle half▼ 246.3pp-73.3%below the sector's middle half▲ 210.5pp
Current ratio0.04below the sector's middle half-0.05below the sector's middle half▲ 0.010.21below the sector's middle half▲ 0.16
Return on assets (ROA)-177.6%below the sector's middle half--252.1%below the sector's middle half▼ 74.5pp3.4%within the sector's middle half▲ 255.5pp
Staff (FTE)1.3
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2023: -€12,682-€12,682Net result 2023: -€12,682-€12,682Operating result 2024: -€21,045-€21,045Net result 2024: -€21,263-€21,263Operating result 2025: €2,519€2,519Net result 2025: €1,058€1,058202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€12,682-€12,700Net result 2023: -€12,682-€12,700Operating result 2024: -€21,045-€21,000Net result 2024: -€21,263-€21,300Operating result 2025: €2,519€2,520Net result 2025: €1,058€1,060202320242025
The operating result returns to profit in 2025: €2,519 after a loss of €21,045 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31,216
Fixed assets €19,627 ▲ 190%
Current assets €11,589 ▲ 592%
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,046
Cash flow
€3,586
Quick ratio
0.16▲
2024 · 0.05
Debt to equity
-2.36▼
2024 · -1.35
Interest coverage
3.46
Debt ≤ 1 year
€53,924▲
2024 · €32,380
Staff costs
€22,999
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 516 companies that looked in July 2024 the way this one looks now, 3.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit under 5% of the balance sheet
3.7% went bankrupt
2.3% stopped otherwise
92% still going

A further 2.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 10.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 516 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€8,436€31,216▲
Fixed assets21/28€6,761€19,627▲
Tangible fixed assets22/27-€12,728
Plant, machinery and equipment23-€12,728
Financial fixed assets28€6,761€6,899▲
Current assets29/58€1,675€11,589▲
Stocks and contracts in progress3-€2,818
Stocks30/36-€2,818
Amounts receivable within one year40/41€402€860▲
Trade receivables40-€672
Other amounts receivable41€402€187▼
Cash at bank and in hand54/58€1,273€7,911▲
Equity and liabilities
Total equity and liabilities10/49€8,436€31,216▲
Equity10/15-€23,945-€22,886▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€33,945-€32,886▲
Amounts payable17/49€32,380€54,102▲
Amounts payable within one year42/48€32,380€53,924▲
Trade debts44€1,100€15,208▲
Suppliers440/4€1,100€15,208▲
Taxes, remuneration and social security45-€5,694
Remuneration and social security454/9-€5,694
Other amounts payable47/48€31,280€33,021▲
Accrued charges and deferred income492/3-€179
Income statement Code20242025
Non-recurring operating income76A-€190
Remuneration, social security and pensions62-€22,999
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,527
Other operating charges640/8€483€691▲
Gross operating margin9900-€20,562€28,736▲
Operating profit (loss)9901-€21,045€2,519▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€219€1,460▲
Recurring financial charges65€219€1,460▲
Profit (loss) for the period before taxes9903-€21,263€1,058▲
Profit (loss) for the period9904-€21,263€1,058▲
Profit (loss) for the period to be appropriated9905-€21,263€1,058▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,945-€32,886▲
Profit (loss) brought forward from the previous period14P-€12,682-€33,945▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Non-recurring operating income76A--€190-
Remuneration, social security and pensions62--€22,999-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,142-€2,527-
Other operating charges640/8€652€483€691▲ 43.1%
Gross operating margin9900-€10,888-€20,562€28,736▲ 240%
Operating profit (loss)9901-€12,682-€21,045€2,519▲ 112%
Financial income75/76B-€1--
Recurring financial income75-€1--
Financial charges65/66B-€219€1,460▲ 567%
Recurring financial charges65-€219€1,460▲ 567%
Profit (loss) for the period before taxes9903-€12,682-€21,263€1,058▲ 105%
Profit (loss) for the period9904-€12,682-€21,263€1,058▲ 105%
Profit (loss) for the period to be appropriated9905-€12,682-€21,263€1,058▲ 105%
Line202320242025Change
Assets
Total assets20/58€7,142€8,436€31,216▲ 270%
Fixed assets21/28€6,761€6,761€19,627▲ 190%
Tangible fixed assets22/27--€12,728-
Plant, machinery and equipment23--€12,728-
Financial fixed assets28€6,761€6,761€6,899▲ 2.1%
Current assets29/58€382€1,675€11,589▲ 592%
Stocks and contracts in progress3--€2,818-
Stocks30/36--€2,818-
Amounts receivable within one year40/41€368€402€860▲ 114%
Trade receivables40--€672-
Other amounts receivable41€368€402€187▼ 53.4%
Cash at bank and in hand54/58€14€1,273€7,911▲ 522%
Equity and liabilities
Total equity and liabilities10/49€7,142€8,436€31,216▲ 270%
Equity10/15-€2,682-€23,945-€22,886▲ 4.4%
Contributions10/11€10,000€10,000€10,000=
Profit (loss) carried forward14-€12,682-€33,945-€32,886▲ 3.1%
Amounts payable17/49€9,824€32,380€54,102▲ 67.1%
Amounts payable within one year42/48€9,824€32,380€53,924▲ 66.5%
Trade debts44-€1,100€15,208▲ 1,282%
Suppliers440/4-€1,100€15,208▲ 1,282%
Taxes, remuneration and social security45--€5,694-
Remuneration and social security454/9--€5,694-
Other amounts payable47/48€9,824€31,280€33,021▲ 5.6%
Accrued charges and deferred income492/3--€179-
Line202320242025Change
Profit (loss) for the period9904-€12,682-€21,263€1,058▲ 105%
+ Depreciation and write-downs630€1,142-€2,527-
Operating cash flow (approximation)-€11,540-€21,263€3,586▲ 117%
Investment in fixed assets (approximation)-€0-€15,394-
Change in cash-€1,259€6,638▲ 427%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Back to profitnet €1,058
Net result €1,058 after 2 loss-making years.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Weakest financial yearnet -€21,263
Net result drops to -€21,263, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
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, Elsene · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
27 m²
Parcel 21447B0232/00X007, Brussels. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
O'Caffe
Kasteleinsplein 30, 1050 ElseneWholesale of other food products
since 20232.344.833.359
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0232/00X007 Brussels 27 m² - -
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 site
Elsene2.344.833.359
2 permissions
Toelating · Detailhandel · since 17-05-2023
Toelating · Eetgelegenheid · since 17-05-2023

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46389Wholesale of other food products
47279Other retail sale of food
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799969193
Also 9925:BE0799969193
Registered 12-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.