NL
ActiveSummary
The computed 12-month bankruptcy probability of NL is 1.9% (moderate). The 2025 annual accounts show equity of €190,001 and a net result of €15,980. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 13560 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+28
Solvency100=
Growth70=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 9.59 against 14.25 in 2024; short-term debt: 10.4% and cash: 0.3% of total assets), and 10.7% of the assets are financed with debt.
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Signals
Five 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 →
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
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
89.3%
Return on assets
7.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
28 d late
2022
25 d late
2021
5 d late
2020
76 d late
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
€121,226▲ 6.8%
2018 · €113,532
EBIT margin
-7.3%▲ 3.3pp
2018 · -10.6%
Net result
€15,980▲ 320%
2024 · €3,804
Working capital
€190,203▲ 10.7%
2024 · €171,824
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
Line20212022202320242025
Turnover
Operating result€15,382▲ 94.3%-€10,692€28,620€8,191▼ 71.4%€13,531▲ 65.2%
Net result€23,246within the sector's middle half▲ 175%-€5,558within the sector's middle half€25,895above the sector's middle half€3,804within the sector's middle half▼ 85.3%€15,980within the sector's middle half▲ 320%
EBIT margin
Equity€149,880above the sector's middle half▲ 18.4%€144,322above the sector's middle half▼ 3.7%€170,217above the sector's middle half▲ 17.9%€174,021above the sector's middle half▲ 2.2%€190,001above the sector's middle half▲ 9.2%
Total assets€162,796within the sector's middle half▲ 25.7%€157,136within the sector's middle half▼ 3.5%€197,420within the sector's middle half▲ 25.6%€186,993within the sector's middle half▼ 5.3%€212,834within the sector's middle half▲ 13.8%
Debt€12,916▲ 346%€12,814▼ 0.8%€27,204▲ 112%€12,973▼ 52.3%€22,833▲ 76.0%
Working capital€143,106▲ 16.9%€134,178▼ 6.2%€166,105▲ 23.8%€171,824▲ 3.4%€190,203▲ 10.7%
Solvency92.1%above the sector's middle half▼ 5.7pp91.8%above the sector's middle half▼ 0.2pp86.2%above the sector's middle half▼ 5.6pp93.1%above the sector's middle half▲ 6.8pp89.3%above the sector's middle half▼ 3.8pp
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
The operating result recovers in 2025; 2025 is 65% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212,834
Fixed assets
€498 ▼ 77.3%
Current assets
€212,336 ▲ 14.9%
Equity and liabilities €212,834
Equity
€190,001 ▲ 9.2%
Debt
€22,833 ▲ 76.0%
Debt's share of the balance-sheet total rises from 6.9% to 10.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,230▲
2024 · €10,107
Cash flow
€17,679▲
2024 · €5,719
Current ratio
9.59▼
2024 · 14.25
Quick ratio
9.52▼
2024 · 14.09
Debt to equity
0.12▲
2024 · 0.07
ROE
8.4%▲
2024 · 2.2%
ROA
7.5%▲
2024 · 2.0%
Interest coverage
38.05▲
2024 · 3.50
Debt ≤ 1 year
€22,133▲
2024 · €12,973
Income taxes
€7,832▲
2024 · €1,500
Staff costs
€17▼
2024 · €125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 31,349 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6,383 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €125 | €17 | ▼ 86.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,045 | €3,537 | €1,915 | €1,915 | €1,699 | ▼ 11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €20,959 | - |
| Other operating charges640/8 | €1,930 | €1,516 | €1,439 | €1,730 | €1,707 | ▼ 1.4% |
| Non-recurring operating charges66A | - | - | - | - | €2,488 | - |
| Gross operating margin9900 | €19,357 | -€5,639 | €31,974 | €11,962 | €40,401 | ▲ 238% |
| Operating profit (loss)9901 | €15,382 | -€10,692 | €28,620 | €8,191 | €13,531 | ▲ 65.2% |
| Financial income75/76B | €5,572 | €5,370 | €3,812 | €0 | €10,681 | - |
| Recurring financial income75 | €5,572 | €5,370 | €3,812 | €0 | €10,681 | - |
| Financial charges65/66B | €129 | €84 | €211 | €2,887 | €400 | ▼ 86.1% |
| Recurring financial charges65 | €129 | €84 | €211 | €2,887 | €400 | ▼ 86.1% |
| Profit (loss) for the period before taxes9903 | €20,826 | -€5,405 | €32,221 | €5,304 | €23,812 | ▲ 349% |
| Income taxes67/77 | -€2,421 | €153 | €6,326 | €1,500 | €7,832 | ▲ 422% |
| Profit (loss) for the period9904 | €23,246 | -€5,558 | €25,895 | €3,804 | €15,980 | ▲ 320% |
| Profit (loss) for the period to be appropriated9905 | €23,246 | -€5,558 | €25,895 | €3,804 | €15,980 | ▲ 320% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,796 | €157,136 | €197,420 | €186,993 | €212,834 | ▲ 13.8% |
| Fixed assets21/28 | €6,774 | €10,144 | €4,112 | €2,197 | €498 | ▼ 77.3% |
| Tangible fixed assets22/27 | €6,694 | €10,064 | €4,032 | €2,117 | €418 | ▼ 80.2% |
| Plant, machinery and equipment23 | €2,015 | €1,052 | €678 | €305 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €5,834 | €1,095 | €474 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €4,678 | €3,178 | €2,258 | €1,338 | €418 | ▼ 68.7% |
| Financial fixed assets28 | €80 | €80 | €80 | €80 | €80 | = |
| Current assets29/58 | €156,022 | €146,992 | €193,308 | €184,796 | €212,336 | ▲ 14.9% |
| Stocks and contracts in progress3 | €3,062 | €1,276 | €1,476 | €1,996 | €1,642 | ▼ 17.7% |
| Stocks30/36 | €3,062 | €1,276 | €1,476 | €1,996 | €1,642 | ▼ 17.7% |
| Amounts receivable within one year40/41 | €119,516 | €144,492 | €190,893 | €181,157 | €210,050 | ▲ 15.9% |
| Trade receivables40 | €29,567 | €53,415 | €36,803 | €40,383 | €5,638 | ▼ 86.0% |
| Other amounts receivable41 | €89,948 | €91,077 | €154,090 | €140,775 | €204,412 | ▲ 45.2% |
| Cash at bank and in hand54/58 | €32,210 | €1,224 | €939 | €1,451 | €644 | ▼ 55.6% |
| Deferred charges and accrued income490/1 | €1,235 | €0 | - | €191 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,796 | €157,136 | €197,420 | €186,993 | €212,834 | ▲ 13.8% |
| Equity10/15 | €149,880 | €144,322 | €170,217 | €174,021 | €190,001 | ▲ 9.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €12,860 | €12,860 | €12,860 | €12,860 | €12,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €11,000 | €11,000 | €11,000 | €11,000 | €11,000 | = |
| Profit (loss) carried forward14 | €118,420 | €112,862 | €138,757 | €142,561 | €158,541 | ▲ 11.2% |
| Amounts payable17/49 | €12,916 | €12,814 | €27,204 | €12,973 | €22,833 | ▲ 76.0% |
| Amounts payable within one year42/48 | €12,916 | €12,814 | €27,204 | €12,973 | €22,133 | ▲ 70.6% |
| Trade debts44 | €12,690 | €12,611 | €20,675 | €5,942 | €11,822 | ▲ 99.0% |
| Suppliers440/4 | €12,690 | €12,611 | €20,675 | €5,942 | €11,822 | ▲ 99.0% |
| Taxes, remuneration and social security45 | €226 | €203 | €6,529 | €7,030 | €10,310 | ▲ 46.7% |
| Taxes450/3 | €226 | €203 | €6,529 | €7,030 | €10,310 | ▲ 46.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €700 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,246 | -€5,558 | €25,895 | €3,804 | €15,980 | ▲ 320% |
| + Depreciation and write-downs630 | €2,045 | €3,537 | €1,915 | €1,915 | €1,699 | ▼ 11.3% |
| Operating cash flow (approximation) | €25,291 | -€2,021 | €27,810 | €5,719 | €17,679 | ▲ 209% |
| Investment in fixed assets (approximation) | - | -€6,908 | €4,117 | €0 | €0 | - |
| Change in cash | - | -€30,986 | -€285 | €512 | -€808 | ▼ 258% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 14.25
Current ratio from 7.11 to 14.25; short-term debt falls from €27,204 to €12,973.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €25,895
Net result €25,895 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €170,217 ▲17.9%
Equity rises from €144,322 to €170,217.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
31-12
Financial
Back to profitnet €8,456
Net result €8,456 after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 43.30
Current ratio from 6.64 to 43.30; short-term debt falls from €20,409 to €2,894.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
Show earlier events
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 37 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 20 acts read
About the unread acts
We know of 20 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
20 acts for this company are 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-Jans-Molenbeek · 1 establishment unit since 2004
Ground area
109 m²
Building footprint
109 m²
Volume, LiDAR
1,810 m³
Parcel 21012A0047/00S008, Brussels · tallest building 19.1 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NL
since 20042.136.702.637
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0047/00S008 | Brussels | 109 m² | 1 · 109 m² | 19.1 m · 6 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-Jans-Molenbeek2.136.702.637
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BE 1000.141.561
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 3,160 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
Founded12-03-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0864021461
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.