NewCo
ActiveSummary
The computed 12-month bankruptcy probability of NewCo is 3.8% (moderate). The 2024 annual accounts show negative equity (-€24,259) and a net result of €17,138. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 1765 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability59▲+59
Solvency15▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.86 against 0.64 in 2023; short-term debt: 77.1% and cash: 38.9% of total assets), and equity is negative.
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Signals
Six 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 · 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
-10.1%
Return on assets
7.1%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1765 sector peers (2024).
NBB · sector comparisonPosition among 1765 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
on the day
2022
on the day
2021
2 d early
2020
69 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 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 (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17,138
2023 · -€58,816
Working capital
-€26,450▲ 63.4%
2023 · -€72,294
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
Line20202021202220232024
Operating result€90,948€131,093▲ 44.1%€3,795▼ 97.1%-€53,397€27,641
Net result€84,868above the sector's middle half€125,133above the sector's middle half▲ 47.4%-€1,763within the sector's middle half-€58,816below the sector's middle half▼ 3,236%€17,138within the sector's middle half
Equity-€105,952below the sector's middle half▲ 44.5%€19,181within the sector's middle half€17,418within the sector's middle half▼ 9.2%-€41,398below the sector's middle half-€24,259below the sector's middle half▲ 41.4%
Total assets€125,010within the sector's middle half▲ 19.6%€197,251within the sector's middle half▲ 57.8%€177,697within the sector's middle half▼ 9.9%€220,977within the sector's middle half▲ 24.4%€240,202within the sector's middle half▲ 8.7%
Debt€230,962▼ 21.8%€178,070▼ 22.9%€160,279▼ 10.0%€262,375▲ 63.7%€264,461▲ 0.8%
Working capital-€119,454below the sector's middle half▲ 39.3%€7,236within the sector's middle half€11,742within the sector's middle half▲ 62.3%-€72,294within the sector's middle half-€26,450within the sector's middle half▲ 63.4%
Solvency-84.8%below the sector's middle half▲ 97.8pp9.7%within the sector's middle half▲ 94.5pp9.8%within the sector's middle half▲ 0.1pp-18.7%below the sector's middle half▼ 28.5pp-10.1%below the sector's middle half▲ 8.6pp
Current ratio0.45below the sector's middle half▲ 0.211.04within the sector's middle half▲ 0.601.08within the sector's middle half▲ 0.040.64within the sector's middle half▼ 0.440.86within the sector's middle half▲ 0.22
Return on assets (ROA)67.9%above the sector's middle half▲ 193.0pp63.4%above the sector's middle half▼ 4.5pp-1.0%within the sector's middle half▼ 64.4pp-26.6%below the sector's middle half▼ 25.6pp7.1%within the sector's middle half▲ 33.8pp
Staff (FTE)3within the sector's middle half▼ 38.8%5within the sector's middle half▲ 66.7%8.8within the sector's middle half▲ 76.0%7.8within the sector's middle half▼ 11.4%7.3within the sector's middle half▼ 6.4%
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.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €27,641 after a loss of €53,397 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240,202
Fixed assets
€81,401 ▼ 12.9%
Current assets
€158,801 ▲ 24.5%
Key figures and ratios
EBITDA
€39,652▲
2023 · -€43,465
Cash flow
€29,150▲
2023 · -€48,884
Quick ratio
0.82▲
2023 · 0.62
Debt to equity
-10.90▼
2023 · -6.34
Interest coverage
3.77▲
2023 · -8.02
Debt ≤ 1 year
€185,251▼
2023 · €199,859
Debt > 1 year
€47,742▼
2023 · €62,478
Staff costs
€280,489▲
2023 · €279,594
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.8% 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%.
| 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 3,640 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,103 | - | €8,525 | €11,515 | ▲ 35.1% |
| Remuneration, social security and pensions62 | - | €106,573 | €230,602 | €279,594 | €280,489 | ▲ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,468 | €15,630 | €14,884 | €9,932 | €12,011 | ▲ 20.9% |
| Other operating charges640/8 | - | €2,489 | €4,178 | €5,330 | €5,454 | ▲ 2.3% |
| Non-recurring operating charges66A | - | €11,511 | €970 | €21,260 | €89 | ▼ 99.6% |
| Gross operating margin9900 | €172,730 | €267,295 | €254,429 | €262,719 | €325,684 | ▲ 24.0% |
| Operating profit (loss)9901 | €90,948 | €131,093 | €3,795 | -€53,397 | €27,641 | ▲ 152% |
| Financial income75/76B | - | €5 | €50 | €0 | €15 | ▲ 4,134% |
| Recurring financial income75 | €170 | €5 | €50 | €0 | €15 | ▲ 4,134% |
| Financial charges65/66B | - | €3,563 | €3,456 | €5,419 | €10,517 | ▲ 94.1% |
| Recurring financial charges65 | €6,250 | €3,563 | €3,456 | €5,419 | €10,517 | ▲ 94.1% |
| Profit (loss) for the period before taxes9903 | €84,868 | €127,534 | €389 | -€58,816 | €17,138 | ▲ 129% |
| Income taxes67/77 | - | €2,401 | €2,153 | - | - | - |
| Profit (loss) for the period9904 | €84,868 | €125,133 | -€1,763 | -€58,816 | €17,138 | ▲ 129% |
| Profit (loss) for the period to be appropriated9905 | €84,868 | €125,133 | -€1,763 | -€58,816 | €17,138 | ▲ 129% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,010 | €197,251 | €177,697 | €220,977 | €240,202 | ▲ 8.7% |
| Fixed assets21/28 | €29,022 | €26,221 | €22,331 | €93,412 | €81,401 | ▼ 12.9% |
| Intangible fixed assets21 | €0 | €9,148 | €5,389 | €1,630 | - | - |
| Tangible fixed assets22/27 | €24,987 | €13,039 | €10,407 | €85,247 | €74,866 | ▼ 12.2% |
| Plant, machinery and equipment23 | - | €1,519 | €1,131 | €6,109 | €4,522 | ▼ 26.0% |
| Furniture and vehicles24 | - | €0 | €1,501 | €1,188 | €874 | ▼ 26.4% |
| Other tangible fixed assets26 | - | €11,519 | €7,774 | €77,950 | €69,470 | ▼ 10.9% |
| Financial fixed assets28 | €4,035 | €4,035 | €6,535 | €6,535 | €6,535 | = |
| Current assets29/58 | €95,988 | €171,030 | €155,367 | €127,565 | €158,801 | ▲ 24.5% |
| Stocks and contracts in progress3 | €2,488 | €4,456 | €7,570 | €4,274 | €6,472 | ▲ 51.4% |
| Stocks30/36 | - | €4,456 | €7,570 | €4,274 | €6,472 | ▲ 51.4% |
| Amounts receivable within one year40/41 | €47,152 | €48,308 | €28,076 | €82,380 | €39,674 | ▼ 51.8% |
| Trade receivables40 | - | €41,882 | €23,444 | €77,337 | €30,629 | ▼ 60.4% |
| Other amounts receivable41 | - | €6,426 | €4,631 | €5,043 | €9,044 | ▲ 79.4% |
| Cash at bank and in hand54/58 | €44,553 | €115,527 | €117,399 | €37,706 | €93,354 | ▲ 148% |
| Deferred charges and accrued income490/1 | - | €2,738 | €2,323 | €3,205 | €19,301 | ▲ 502% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,010 | €197,251 | €177,697 | €220,977 | €240,202 | ▲ 8.7% |
| Equity10/15 | -€105,952 | €19,181 | €17,418 | -€41,398 | -€24,259 | ▲ 41.4% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€127,952 | -€2,819 | -€4,582 | -€63,398 | -€46,259 | ▲ 27.0% |
| Amounts payable17/49 | €230,962 | €178,070 | €160,279 | €262,375 | €264,461 | ▲ 0.8% |
| Amounts payable after more than one year17 | €11,552 | €11,552 | €11,863 | €62,478 | €47,742 | ▼ 23.6% |
| Financial debts170/4 | - | €0 | €311 | €50,926 | €36,190 | ▼ 28.9% |
| Other amounts payable178/9 | - | €11,552 | €11,552 | €11,552 | €11,552 | = |
| Amounts payable within one year42/48 | €215,443 | €163,794 | €143,625 | €199,859 | €185,251 | ▼ 7.3% |
| Current portion of amounts payable after more than one year42 | - | €9,075 | €7,774 | €14,084 | €20,733 | ▲ 47.2% |
| Financial debts43 | - | €33 | €0 | - | - | - |
| Credit institutions430/8 | - | €33 | €0 | - | - | - |
| Trade debts44 | €81,468 | €115,284 | €92,132 | €106,508 | €96,861 | ▼ 9.1% |
| Suppliers440/4 | - | €115,284 | €92,132 | €106,508 | €96,861 | ▼ 9.1% |
| Taxes, remuneration and social security45 | - | €13,347 | €38,448 | €43,177 | €28,495 | ▼ 34.0% |
| Taxes450/3 | - | €2,605 | €2,484 | €259 | €450 | ▲ 73.8% |
| Remuneration and social security454/9 | - | €10,742 | €35,964 | €42,918 | €28,044 | ▼ 34.7% |
| Other amounts payable47/48 | - | €26,054 | €5,271 | €36,090 | €39,163 | ▲ 8.5% |
| Accrued charges and deferred income492/3 | - | €2,724 | €4,791 | €37 | €31,468 | ▲ 83,836% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,868 | €125,133 | -€1,763 | -€58,816 | €17,138 | ▲ 129% |
| + Depreciation and write-downs630 | €13,468 | €15,630 | €14,884 | €9,932 | €12,011 | ▲ 20.9% |
| Operating cash flow (approximation) | €98,336 | €140,763 | €13,121 | -€48,884 | €29,150 | ▲ 160% |
| Investment in fixed assets (approximation) | - | -€12,829 | -€10,993 | -€81,013 | €0 | ▲ 100% |
| Change in cash | - | €70,974 | €1,871 | -€79,693 | €55,648 | ▲ 170% |
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
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €17,138
Net result €17,138 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €125,133 ▲47.4%
Operating result €131,093, net result €125,133, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.04
Current ratio from 0.45 to 1.04; short-term debt falls from €215,443 to €163,794.
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 69 days late
2020
31-12
Financial
Back to profitnet €84,868
Net result €84,868 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet -€130,728
Net result drops to -€130,728, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
10-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 102 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2013
Ground area
120 m²
Building footprint
118 m²
Volume, LiDAR
1,006 m³
Parcel 21673D0143/00W025, Brussels · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sushiria
since 20132.218.127.902
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0143/00W025 | Brussels | 120 m² | 1 · 118 m² | 13.5 m · 3 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 siteSint-Lambrechts-Woluwe2.218.127.902
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,783. 7,905 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 (pre-2019)
Founded26-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0524828002
Registered
22-12-2025
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.