OLD BACCHUS
ActiveOLD BACCHUS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €-5k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▲+46
Solvency75▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.98 in 2023; short-term debt: 48.4% and cash: 7.1% of total assets), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
50.4%
Return on assets
-5.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
181920222324
2018 to 2024 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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
not confirmed
2024
69 d late
2023
100 d late
2022
95 d late
2020
33 d late
2019
101 d late
2018
51 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€261k
EBIT margin
-2.1%
Net result
€-5k▲ 81.9%
2023 · €-26k
2018: €-8k
2019: €-8k
2020: €11k
2022: €3k
2023: €-26k
2018 → 2024
Working capital
€35k▲ 0.2%
2023 · €35k
2018: €28k
2019: €24k
2020: €29k
2022: €56k
2023: €35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Equity€32k-€42k▲ 34.4%€77k▲ 82.2%€51k▼ 33.9%€46k▼ 9.3%
Operating result€-5k-€12k€4k▼ 70.0%€-25k€-1k▲ 95.1%
Net result€-8k-€11k€3k▼ 71.9%€-26k€-5k▲ 81.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2024 against €25k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92k
Fixed assets
€12k▼ 23.3%
Current assets
€80k▲ 12.3%
Equity and liabilities €92k
Equity
€46k▼ 9.3%
Debt
€46k▲ 27.2%
The debt ratio rises from 41.2% to 49.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6k▲
2023 · €-17k
Cash flow
€2k▲
2023 · €-18k
Solvency
50.4%▼
2023 · 58.8%
Current ratio
1.79▼
2023 · 1.98
Quick ratio
0.84▼
2023 · 0.85
Debt / equity
0.98▲
2023 · 0.70
ROE
-10.2%▲
2023 · -51.3%
ROA
-5.2%▲
2023 · -30.2%
Interest coverage
4.09▲
2023 · -17.60
Debt
€46k▲
2023 · €36k
Debt ≤ 1 year
€44k▲
2023 · €36k
Income taxes
€2k
Staff costs
€38k▲
2023 · €37k
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€87k€92k▲
Fixed assets21/28€16k€12k▼
Tangible fixed assets22/27€16k€12k▼
Plant, machinery and equipment23€16k€12k▼
Current assets29/58€71k€80k▲
Stocks and contracts in progress3€41k€42k▲
Stocks30/36€41k€42k▲
Amounts receivable within one year40/41€28k€31k▲
Trade receivables40€13k€15k▲
Other amounts receivable41€15k€15k▲
Cash at bank and in hand54/58€2k€7k▲
Deferred charges and accrued income490/1€40€40=
Equity and liabilities
Total equity and liabilities10/49€87k€92k▲
Equity10/15€51k€46k▼
Contributions10/11€19k€19k=
Reserves13€59k€59k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€57k€59k▲
Profit (loss) carried forward14€-26k€-31k▼
Amounts payable17/49€36k€46k▲
Amounts payable within one year42/48€36k€44k▲
Financial debts43€3k€11k▲
Credit institutions430/8€3k€11k▲
Trade debts44€15k€19k▲
Suppliers440/4€15k€19k▲
Taxes, remuneration and social security45€18k€5k▼
Taxes450/3€11k-
Remuneration and social security454/9€7k€5k▼
Other amounts payable47/48€458€10k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€37k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€21k€45k▲
Operating profit (loss)9901€-25k€-1k▲
Financial charges65/66B€992€1k▲
Recurring financial charges65€992€1k▲
Profit (loss) for the period before taxes9903€-26k€-3k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-26k€-5k▲
Profit (loss) for the period to be appropriated9905€-26k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-31k▼
Profit (loss) brought forward from the previous period14P€3k€-26k▼
Transfer to equity691/2€3k-
To the legal reserve6920€3k-
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 69 days late
2024
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 100 days late
2023
31-12
Financial
Weakest financial yearnet €-26k ▼959%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 95 days late
2021
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 33 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 51 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 203 days late
2015
08-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 312 days 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, Schoten · 1 establishment unit since 1989
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.
Sint-Cordulastraat 342900 SchotenGround area
358 m²
Building footprint
200 m²
Volume, LiDAR
1,216 m³
Parcel 11442C0415/00E002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OLD BACCHUS
since 19892.044.232.834
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0415/00E002 ProtectedTownscape or village viewPastorie Sint-Cordulaparochie met tuin, bibliotheek en woningenSource ↗ |
Flanders | 358 m² | 1 · 200 m² | 10.1 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchoten2.044.232.834
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Of 1,508 companies in sector 47252 we hold annual accounts for 651. 448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-1989
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
47260Retail trade
52250Logistics services
47241Retail sale of bread and pastry (bakery outlets)
52240
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.