PISTACHE
ActiveThe computed 12-month bankruptcy probability of PISTACHE is 3.5% (moderate). The 2024 annual accounts show equity of €561k and a net result of €193k. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 94% of 2936 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+5
Solvency100=
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 5.87 against 3.89 in 2023; short-term debt: 12.3% and cash: 61% of total assets), and 17.6% 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.
−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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
82.4%
Return on assets
28.4%
Age of the figures
21 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 21-08-2025, 21 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
61 d late
2022
61 d late
2021
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€561k▲ 15.5%
2023 · €486k
2021: €176k
2022: €350k
2023: €486k
2021 → 2024
Total assets
€681k▲ 6.7%
2023 · €639k
2021: €720k
2022: €727k
2023: €639k
2021 → 2024
Net result
€193k▲ 42.1%
2023 · €136k
2021: €171k
2022: €174k
2023: €136k
2021 → 2024
Working capital
€409k▲ 36.9%
2023 · €298k
2021: €-159k
2022: €214k
2023: €298k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€176k-€350k▲ 99.0%€486k▲ 38.8%€561k▲ 15.5%
Operating result€250k-€230k▼ 8.0%€182k▼ 21.0%€256k▲ 40.9%
Net result€171k-€174k▲ 1.9%€136k▼ 21.9%€193k▲ 42.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 41% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €681k
Fixed assets
€189k▼ 20.3%
Current assets
€492k▲ 22.6%
Equity and liabilities €681k
Equity
€561k▲ 15.5%
Debt
€120k▼ 21.3%
The debt ratio falls from 23.9% to 17.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€320k▲
2023 · €242k
Cash flow
€257k▲
2023 · €196k
Solvency
82.4%▲
2023 · 76.1%
Current ratio
5.87▲
2023 · 3.89
Quick ratio
5.79▲
2023 · 3.83
Debt / equity
0.21▼
2023 · 0.31
ROE
34.4%▲
2023 · 28.0%
ROA
28.4%▲
2023 · 21.3%
Interest coverage
54.50▲
2023 · 31.10
Debt
€120k▼
2023 · €153k
Debt ≤ 1 year
€84k▼
2023 · €103k
Debt > 1 year
€36k▼
2023 · €48k
Income taxes
€59k▲
2023 · €38k
Staff costs
€321k▲
2023 · €319k
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€639k€681k▲
Fixed assets21/28€237k€189k▼
Intangible fixed assets21€113k€98k▼
Tangible fixed assets22/27€124k€91k▼
Plant, machinery and equipment23€124k€91k▼
Current assets29/58€402k€492k▲
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€20k€65k▲
Trade receivables40€2k€11k▲
Other amounts receivable41€17k€54k▲
Cash at bank and in hand54/58€373k€416k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€639k€681k▲
Equity10/15€486k€561k▲
Contributions10/11€5k€5k=
Reserves13€170k€170k=
Distributable reserves133€170k€170k=
Profit (loss) carried forward14€311k€386k▲
Amounts payable17/49€153k€120k▼
Amounts payable after more than one year17€48k€36k▼
Financial debts170/4€48k€36k▼
Amounts payable within one year42/48€103k€84k▼
Current portion of amounts payable after more than one year42€11k€15k▲
Trade debts44€27k€48k▲
Suppliers440/4€27k€48k▲
Taxes, remuneration and social security45€65k€21k▼
Taxes450/3€58k€15k▼
Remuneration and social security454/9€8k€6k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€319k€321k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€64k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€565k€646k▲
Operating profit (loss)9901€182k€256k▲
Financial income75/76B€162€1k▲
Recurring financial income75€162€1k▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€174k€252k▲
Income taxes67/77€38k€59k▲
Profit (loss) for the period9904€136k€193k▲
Profit (loss) for the period to be appropriated9905€136k€193k▲
Appropriation of the result
Profit (loss) to be appropriated9906€311k€504k▲
Profit (loss) brought forward from the previous period14P€175k€311k▲
Profit to be distributed694/7-€118k
Return on contributions (dividend)694-€118k
Social balance
Average headcount (FTE)908711.810.8▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
31-12
Financial
Highest result since 2021net €193k ▲42.1%
Operating result €256k, net result €193k, both a record.
31-12
Financial
Equity above €500kEq €561k ▲15.5%
4 profitable years in a row build equity to €561k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €136k ▼21.9%
Net result drops to €136k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.89
Current ratio from 1.94 to 3.89; short-term debt falls from €227k to €103k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 1.94
Current ratio from 0.71 to 1.94; short-term debt falls from €544k to €227k.
31-12
Financial
Equity above €200kEq €350k ▲99%
2 profitable years in a row build equity to €350k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 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, Knokke-Heist · 1 establishment unit since 2021
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.
Van Bunnenplein 208300 Knokke-HeistGround area
1,883 m²
Building footprint
1,507 m²
Volume, LiDAR
30,024 m³
Parcel 31334B0020/00E000, Flanders · tallest building 29.2 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
PISTACHE
since 20212.319.630.185
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0020/00E000 | Flanders | 1,883 m² | 1 · 1,507 m² | 29.2 m · 8 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 siteKnokke-Heist2.319.630.185
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INCONTRI
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 5,959 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56220Contract catering and other food service activities
56290Food and beverage service activities
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.