OLD JERUSALEM
ActiveThe computed 12-month bankruptcy probability of OLD JERUSALEM is 4.4% (elevated). The 2024 annual accounts show equity of €36k and a net result of €9k. Equity is growing by ~59.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 18936 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
86
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency91▲+14
Growth78=
Stability94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.89 in 2023), but 53.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
Sector 56
higher
← 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 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 2024Solvency, return and age of the figures
Solvency
46.1%
Return on assets
12%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
70 d late
2022
63 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 35.2%
2023 · €27k
2022: €5k
2023: €27k
2022 → 2024
Total assets
€79k▲ 7.3%
2023 · €73k
2022: €37k
2023: €73k
2022 → 2024
Net result
€9k▼ 57.6%
2023 · €22k
2022: €3k
2023: €22k
2022 → 2024
Working capital
€34k▲ 22.6%
2023 · €28k
2022: €9k
2023: €28k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€5k-€27k▲ 488%€36k▲ 35.2%
Operating result€-854-€34k€13k▼ 62.7%
Net result€3k-€22k▲ 769%€9k▼ 57.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 63% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79k
Fixed assets
€12k▼ 16.0%
Current assets
€67k▲ 12.9%
Equity and liabilities €79k
Equity
€36k▲ 35.2%
Debt
€42k▼ 8.8%
The debt ratio falls from 63.4% to 53.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€17k▼
2023 · €38k
Cash flow
€13k▼
2023 · €26k
Solvency
46.1%▲
2023 · 36.6%
Current ratio
2.04▲
2023 · 1.89
Quick ratio
2.04▲
2023 · 1.89
Debt / equity
1.17▼
2023 · 1.73
ROE
26.0%▼
2023 · 83.0%
ROA
12.0%▼
2023 · 30.3%
Interest coverage
40.02▲
2023 · 11.47
Debt
€42k▼
2023 · €46k
Debt ≤ 1 year
€33k▲
2023 · €31k
Income taxes
€3k▼
2023 · €9k
Staff costs
€21k▲
2023 · €4k
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€73k€79k▲
Fixed assets21/28€14k€12k▼
Intangible fixed assets21€8k€7k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24-€1k
Financial fixed assets28€600€600=
Current assets29/58€59k€67k▲
Amounts receivable within one year40/41€17k€17k▲
Trade receivables40€14k€8k▼
Other amounts receivable41€2k€9k▲
Cash at bank and in hand54/58€42k€49k▲
Equity and liabilities
Total equity and liabilities10/49€73k€79k▲
Equity10/15€27k€36k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€25k€34k▲
Amounts payable17/49€46k€42k▼
Amounts payable within one year42/48€31k€33k▲
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€14k€11k▼
Taxes450/3€7k€8k▲
Remuneration and social security454/9€7k€2k▼
Other amounts payable47/48€11k€16k▲
Accrued charges and deferred income492/3€15k€10k▼
Income statement
Code20232024
Remuneration, social security and pensions62€4k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€47k€41k▼
Operating profit (loss)9901€34k€13k▼
Financial income75/76B€516€0▼
Recurring financial income75€516€0▼
Financial charges65/66B€3k€415▼
Recurring financial charges65€3k€415▼
Profit (loss) for the period before taxes9903€32k€12k▼
Income taxes67/77€9k€3k▼
Profit (loss) for the period9904€22k€9k▼
Profit (loss) for the period to be appropriated9905€22k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€34k▲
Profit (loss) brought forward from the previous period14P€3k€25k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
31-12
Financial
Highest result since 2022net €22k ▲769%
Operating result €34k, net result €22k, both a record.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 2022
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.
Mallebergplaats 78000 BruggeGround area
84 m²
Building footprint
68 m²
Volume, LiDAR
667 m³
Parcel 31005A0849/00Z000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
OLD JERUSALEM
since 20222.330.583.663
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31005A0849/00Z000 | Flanders | 84 m² | 1 · 68 m² | 11.6 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 siteBrugge2.330.583.663
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Of 21,621 companies in sector 56112 we hold annual accounts for 9,654. 8,330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.