PERLE DE SIAM
ActiveThe file of PERLE DE SIAM contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 3.1% (moderate). The 2024 annual accounts show equity of €50k and a net result of €-21k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 41% of 18939 sector peers (fiscal year 2024).
Checked score
Score 2024
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-4
Solvency44=
Growth52=
Track record85
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 1.43 in 2023; short-term debt: 80.3% and cash: 12.4% of total assets), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 56
higher
← 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
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
18.9%
Return on assets
-7.9%
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
18192021222324
2018 to 2024 · latest year €-21k
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
57 d late
2022
72 d late
2021
91 d late
2020
59 d late
2019
132 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€50k▼ 29.4%
2023 · €71k
2018: €47k
2019: €80k
2020: €14k
2021: €68k
2022: €75k
2023: €71k
2018 → 2024
Total assets
€268k▼ 27.5%
2023 · €369k
2018: €122k
2019: €254k
2020: €209k
2021: €255k
2022: €290k
2023: €369k
2018 → 2024
Net result
€-21k▼ 34.7%
2023 · €-16k
2018: €80k
2019: €32k
2020: €-66k
2021: €54k
2022: €7k
2023: €-16k
2018 → 2024
Working capital
€7k▼ 92.7%
2023 · €96k
2018: €3k
2019: €14k
2020: €14k
2021: €78k
2022: €113k
2023: €96k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€68k▲ 392%€75k▲ 11.1%€71k▼ 4.8%€50k▼ 29.4%
Operating result€-65k-€56k€13k▼ 76.6%€-17k€-19k▼ 10.1%
Net result€-66k-€54k€7k▼ 86.1%€-16k€-21k▼ 34.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €17k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €268k
Fixed assets
€46k▼ 4.4%
Current assets
€222k▼ 30.9%
Equity and liabilities €268k
Equity
€50k▼ 29.4%
Debt
€217k▼ 27.0%
The debt ratio rises from 80.6% to 81.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2023 · €-2k
Cash flow
€-12k▼
2023 · €-684
Solvency
18.9%▼
2023 · 19.4%
Current ratio
1.03▼
2023 · 1.43
Quick ratio
1.03▼
2023 · 1.42
Debt / equity
4.30▲
2023 · 4.16
ROE
-41.7%▼
2023 · -21.8%
ROA
-7.9%▼
2023 · -4.2%
Interest coverage
-1.74▼
2023 · -1.36
Debt
€217k▼
2023 · €297k
Debt ≤ 1 year
€215k▼
2023 · €225k
Income taxes
€346▲
2023 · €345
Staff costs
€242k▼
2023 · €251k
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€369k€268k▼
Fixed assets21/28€48k€46k▼
Tangible fixed assets22/27€26k€24k▼
Plant, machinery and equipment23€22k€21k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€21k€21k=
Current assets29/58€321k€222k▼
Amounts receivable after more than one year29€140k€160k▲
Other amounts receivable291€140k€160k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€134k€27k▼
Trade receivables40€111k€14k▼
Other amounts receivable41€23k€13k▼
Cash at bank and in hand54/58€41k€33k▼
Deferred charges and accrued income490/1€4k€282▼
Equity and liabilities
Total equity and liabilities10/49€369k€268k▼
Equity10/15€71k€50k▼
Contributions10/11€18k€20k▲
Outside capital11€18k-
Other1109/19€18k-
Reserves13€21k€19k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€33k€12k▼
Amounts payable17/49€297k€217k▼
Amounts payable within one year42/48€225k€215k▼
Trade debts44€67k€74k▲
Suppliers440/4€67k€74k▲
Advances received on contracts in progress46€53k-
Taxes, remuneration and social security45€104k€140k▲
Taxes450/3€21k€50k▲
Remuneration and social security454/9€83k€90k▲
Accrued charges and deferred income492/3€73k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€251k€242k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€9k▼
Other operating charges640/8€9k€34k▲
Gross operating margin9900€258k€265k▲
Operating profit (loss)9901€-17k€-19k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€-15k€-21k▼
Income taxes67/77€345€346▲
Profit (loss) for the period9904€-16k€-21k▼
Profit (loss) for the period to be appropriated9905€-16k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€12k▼
Profit (loss) brought forward from the previous period14P€48k€33k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-07
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · SRL PERLE DE SIAM PLACE SAINT-GERY 37, 1000 BRUXELLES. déclarée le 24 avril 2026 · event 15-06-2026
04-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL PERLE DE SIAM PLACE SAINT- GERY 37, 1000 BRUXELLES · event 24-04-2026
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 91 days late
2021
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Weakest financial yearnet €-66k ▼305%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 132 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brussel · 1 establishment unit since 2003
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-Goriksplein 371000 BrusselGround area
114 m²
Building footprint
106 m²
Volume, LiDAR
1,976 m³
Parcel 21811M0917/00K000, Brussels · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
PERLE DE SIAM
since 20032.146.005.333
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0917/00K000 | Brussels | 114 m² | 1 · 106 m² | 20.6 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BAUDOUX RUE DE CLAIRVAUX,
40/202, 1348 LOUVAIN-LA-NEUVE |
24-04-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.146.005.333
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,825 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2003
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.