PLACE 31
ActiveSummary
The computed 12-month bankruptcy probability of PLACE 31 is 4.8% (elevated). The 2025 annual accounts show negative equity (-€40,943) and a net result of €8,532. Equity is shrinking by ~47.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 13617 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+60
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.35 in 2024; short-term debt: 142.8% and cash: 25.2% of total assets), and equity is negative.
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Signals
Six 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-44.1%
Return on assets
9.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 13617 sector peers (2025).
NBB · sector comparisonPosition among 13617 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
56 d early
2024
6 d early
2023
40 d early
2022
10 d early
2021
78 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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. Usually files around 21 July (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€40,943▲ 17.2%
2024 · -€49,475
Total assets
€92,817▼ 19.0%
2024 · €114,555
Net result
€8,532
2024 · -€16,051
Working capital
-€87,349▲ 11.2%
2024 · -€98,399
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
Operating result€7,779--€887-€33,894▼ 3,720%-€6,986▲ 79.4%€13,551
Net result€2,921within the sector's middle half--€6,398within the sector's middle half-€39,948below the sector's middle half▼ 524%-€16,051below the sector's middle half▲ 59.8%€8,532within the sector's middle half
Equity€12,921within the sector's middle half-€6,523within the sector's middle half▼ 49.5%-€33,424below the sector's middle half-€49,475below the sector's middle half▼ 48.0%-€40,943below the sector's middle half▲ 17.2%
Total assets€134,937within the sector's middle half-€163,683within the sector's middle half▲ 21.3%€156,606within the sector's middle half▼ 4.3%€114,555within the sector's middle half▼ 26.9%€92,817within the sector's middle half▼ 19.0%
Debt€122,016-€157,160▲ 28.8%€190,030▲ 20.9%€164,030▼ 13.7%€133,761▼ 18.5%
Working capital-€11,835within the sector's middle half--€29,577within the sector's middle half▼ 150%-€71,224below the sector's middle half▼ 141%-€98,399below the sector's middle half▼ 38.2%-€87,349below the sector's middle half▲ 11.2%
Solvency9.6%within the sector's middle half-4.0%within the sector's middle half▼ 5.6pp-21.3%below the sector's middle half▼ 25.3pp-43.2%below the sector's middle half▼ 21.8pp-44.1%below the sector's middle half▼ 0.9pp
Current ratio0.82within the sector's middle half-0.74within the sector's middle half▼ 0.080.53within the sector's middle half▼ 0.210.35below the sector's middle half▼ 0.180.34below the sector's middle half▼ 0.01
Return on assets (ROA)2.2%within the sector's middle half--3.9%within the sector's middle half▼ 6.1pp-25.5%below the sector's middle half▼ 21.6pp-14.0%below the sector's middle half▲ 11.5pp9.2%within the sector's middle half▲ 23.2pp
Staff (FTE)10.5-9.3▼ 11.4%11.6▲ 24.7%12▲ 3.4%14.7▲ 22.5%
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 returns to profit in 2025: €13,551 after a loss of €6,986 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92,817
Fixed assets
€47,656 ▼ 22.5%
Current assets
€45,161 ▼ 14.5%
Key figures and ratios
EBITDA
€27,836▲
2024 · €7,557
Cash flow
€22,817▲
2024 · -€1,508
Quick ratio
0.27▼
2024 · 0.27
Debt to equity
-3.27▲
2024 · -3.32
Interest coverage
4.73▲
2024 · 1.08
Debt ≤ 1 year
€132,511▼
2024 · €151,231
Staff costs
€189,714▼
2024 · €203,802
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 178 companies that looked in July 2024 the way this one looks now, 6.2% went bankrupt within 24 months and 90% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
6.2%
went bankrupt
2.8%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 178 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €148,881 | €275,558 | €259,455 | €203,802 | €189,714 | ▼ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,612 | €12,337 | €14,458 | €14,543 | €14,286 | ▼ 1.8% |
| Other operating charges640/8 | €695 | €743 | €1,279 | €4,199 | €5,299 | ▲ 26.2% |
| Gross operating margin9900 | €168,967 | €287,751 | €241,299 | €215,559 | €222,849 | ▲ 3.4% |
| Operating profit (loss)9901 | €7,779 | -€887 | -€33,894 | -€6,986 | €13,551 | ▲ 294% |
| Financial income75/76B | €2 | €984 | €123 | €176 | €2,198 | ▲ 1,146% |
| Recurring financial income75 | €2 | €984 | €123 | €176 | €49 | ▼ 72.2% |
| Non-recurring financial income76B | - | - | - | - | €2,149 | - |
| Financial charges65/66B | €4,859 | €6,495 | €6,177 | €9,241 | €7,217 | ▼ 21.9% |
| Recurring financial charges65 | €4,859 | €6,495 | €6,177 | €7,006 | €5,888 | ▼ 16.0% |
| Non-recurring financial charges66B | - | - | - | €2,236 | €1,329 | ▼ 40.5% |
| Profit (loss) for the period before taxes9903 | €2,921 | -€6,398 | -€39,948 | -€16,051 | €8,532 | ▲ 153% |
| Profit (loss) for the period9904 | €2,921 | -€6,398 | -€39,948 | -€16,051 | €8,532 | ▲ 153% |
| Profit (loss) for the period to be appropriated9905 | €2,921 | -€6,398 | -€39,948 | -€16,051 | €8,532 | ▲ 153% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €134,937 | €163,683 | €156,606 | €114,555 | €92,817 | ▼ 19.0% |
| Formation expenses20 | €1,050 | €767 | €484 | €200 | €0 | ▼ 100% |
| Fixed assets21/28 | €80,704 | €80,781 | €75,882 | €61,523 | €47,656 | ▼ 22.5% |
| Intangible fixed assets21 | €34,858 | €30,858 | €26,858 | €22,858 | €18,858 | ▼ 17.5% |
| Tangible fixed assets22/27 | €45,846 | €49,923 | €48,924 | €38,665 | €28,579 | ▼ 26.1% |
| Land and buildings22 | €36,368 | €32,447 | €28,526 | €24,605 | €20,684 | ▼ 15.9% |
| Plant, machinery and equipment23 | €9,478 | €17,476 | €20,398 | €14,060 | €7,895 | ▼ 43.8% |
| Financial fixed assets28 | - | - | €100 | - | €219 | - |
| Current assets29/58 | €53,182 | €82,135 | €80,241 | €52,832 | €45,161 | ▼ 14.5% |
| Stocks and contracts in progress3 | - | €22,857 | €10,107 | €11,902 | €9,989 | ▼ 16.1% |
| Stocks30/36 | - | €22,857 | €10,107 | €11,902 | €9,989 | ▼ 16.1% |
| Amounts receivable within one year40/41 | €9,190 | €14,958 | €15,010 | €8,794 | €7,312 | ▼ 16.9% |
| Trade receivables40 | €1,366 | €4,285 | €10,562 | €5,784 | €3,565 | ▼ 38.4% |
| Other amounts receivable41 | €7,825 | €10,673 | €4,448 | €3,010 | €3,747 | ▲ 24.5% |
| Cash at bank and in hand54/58 | €43,992 | €34,412 | €43,816 | €30,386 | €23,365 | ▼ 23.1% |
| Deferred charges and accrued income490/1 | - | €9,908 | €11,307 | €1,750 | €4,495 | ▲ 157% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €134,937 | €163,683 | €156,606 | €114,555 | €92,817 | ▼ 19.0% |
| Equity10/15 | €12,921 | €6,523 | -€33,424 | -€49,475 | -€40,943 | ▲ 17.2% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €2,921 | -€3,477 | -€43,424 | -€59,475 | -€50,943 | ▲ 14.3% |
| Amounts payable17/49 | €122,016 | €157,160 | €190,030 | €164,030 | €133,761 | ▼ 18.5% |
| Amounts payable after more than one year17 | €56,999 | €41,198 | €35,316 | €10,548 | - | - |
| Financial debts170/4 | €56,999 | €41,198 | €35,316 | €10,548 | - | - |
| Amounts payable within one year42/48 | €65,017 | €111,711 | €151,465 | €151,231 | €132,511 | ▼ 12.4% |
| Current portion of amounts payable after more than one year42 | €20,012 | €15,800 | €23,989 | €33,837 | €11,557 | ▼ 65.8% |
| Trade debts44 | €23,678 | €59,190 | €54,565 | €20,143 | €27,166 | ▲ 34.9% |
| Suppliers440/4 | €23,678 | €59,190 | €54,565 | €20,143 | €27,166 | ▲ 34.9% |
| Taxes, remuneration and social security45 | €19,514 | €19,909 | €46,804 | €42,236 | €38,773 | ▼ 8.2% |
| Taxes450/3 | €6,304 | €7,548 | €18,425 | €18,307 | €26,041 | ▲ 42.2% |
| Remuneration and social security454/9 | €13,211 | €12,360 | €28,378 | €23,928 | €12,731 | ▼ 46.8% |
| Other amounts payable47/48 | €1,813 | €16,813 | €26,107 | €55,015 | €55,015 | = |
| Accrued charges and deferred income492/3 | - | €4,250 | €3,250 | €2,250 | €1,250 | ▼ 44.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,921 | -€6,398 | -€39,948 | -€16,051 | €8,532 | ▲ 153% |
| + Depreciation and write-downs630 | €11,612 | €12,337 | €14,458 | €14,543 | €14,286 | ▼ 1.8% |
| Operating cash flow (approximation) | €14,533 | €5,939 | -€25,490 | -€1,508 | €22,817 | ▲ 1,613% |
| Investment in fixed assets (approximation) | - | -€12,414 | -€9,558 | -€183 | -€419 | ▼ 128% |
| Change in cash | - | -€9,580 | €9,404 | -€13,430 | -€7,022 | ▲ 47.7% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €8,532
Net result €8,532 after 3 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€39,948
Net result drops to -€39,948, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Bertrix · 1 establishment unit since 2020
Ground area
300 m²
Building footprint
84 m²
Volume, LiDAR
670 m³
Parcel 84009A0356/00F000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Place 31
since 20202.307.158.757
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84009A0356/00F000 | Wallonia | 300 m² | 1 · 84 m² | 9.8 m · 3 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 siteBertrix2.307.158.757
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 5,789 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
Founded15-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
place31bertrix@gmail.com
Phone
+32496520117
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754446006
Registered
28-07-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.