Restaurant d'Afspanning
ActiveThe computed 12-month bankruptcy probability of Restaurant d'Afspanning is 4.1% (elevated). The 2024 annual accounts show equity of €115k and a net result of €42k. Equity is growing by ~48.5% per year across the filed fiscal years. Its solvency ranks better than 48% of 18941 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
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+4
Solvency52▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.15 against 1.1 in 2023; short-term debt: 33.9% and cash: 18.7% of total assets), and 72.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
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 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
37 d early
2022
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€115k▲ 57.5%
2023 · €73k
2022: €44k
2023: €73k
2022 → 2024
Total assets
€423k▼ 1.1%
2023 · €428k
2022: €449k
2023: €428k
2022 → 2024
Net result
€42k▲ 45.5%
2023 · €29k
2022: €24k
2023: €29k
2022 → 2024
Working capital
€21k▲ 61.1%
2023 · €13k
2022: €-621
2023: €13k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€44k-€73k▲ 65.4%€115k▲ 57.5%
Operating result€44k-€51k▲ 16.3%€68k▲ 31.5%
Net result€24k-€29k▲ 19.2%€42k▲ 45.5%
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 has risen two years in a row; 2024 is 32% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €423k
Fixed assets
€259k▼ 10.2%
Current assets
€164k▲ 17.6%
Equity and liabilities €423k
Equity
€115k▲ 57.5%
Debt
€308k▼ 13.2%
The debt ratio falls from 82.9% to 72.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€136k▲
2023 · €115k
Cash flow
€111k▲
2023 · €93k
Solvency
27.2%▲
2023 · 17.1%
Current ratio
1.15▲
2023 · 1.10
Quick ratio
1.15▲
2023 · 1.10
Debt / equity
2.67▼
2023 · 4.85
ROE
36.5%▼
2023 · 39.5%
ROA
9.9%▲
2023 · 6.8%
Interest coverage
15.98▲
2023 · 11.01
Debt
€308k▼
2023 · €355k
Debt ≤ 1 year
€143k▲
2023 · €127k
Debt > 1 year
€164k▼
2023 · €217k
Income taxes
€17k▲
2023 · €13k
Staff costs
€212k▼
2023 · €219k
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€428k€423k▼
Fixed assets21/28€288k€259k▼
Intangible fixed assets21€35k€28k▼
Tangible fixed assets22/27€253k€231k▼
Plant, machinery and equipment23€57k€57k▼
Furniture and vehicles24€75k€50k▼
Leasing and similar rights25€2k€2k▼
Other tangible fixed assets26€118k€123k▲
Current assets29/58€140k€164k▲
Amounts receivable within one year40/41€12k€11k▼
Trade receivables40€3k€3k▼
Other amounts receivable41€9k€9k▼
Current investments50/53€68k€74k▲
Cash at bank and in hand54/58€59k€79k▲
Deferred charges and accrued income490/1-€112
Equity and liabilities
Total equity and liabilities10/49€428k€423k▼
Equity10/15€73k€115k▲
Contributions10/11€20k€20k=
Reserves13€53k€95k▲
Distributable reserves133€53k€95k▲
Amounts payable17/49€355k€308k▼
Amounts payable after more than one year17€217k€164k▼
Financial debts170/4€217k€164k▼
Amounts payable within one year42/48€127k€143k▲
Current portion of amounts payable after more than one year42€59k€60k▲
Trade debts44€35k€39k▲
Suppliers440/4€35k€39k▲
Taxes, remuneration and social security45€24k€30k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€20k€24k▲
Other amounts payable47/48€8k€15k▲
Accrued charges and deferred income492/3€11k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€219k€212k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€69k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€335k€350k▲
Operating profit (loss)9901€51k€68k▲
Financial income75/76B€515€391▼
Recurring financial income75€11€6▼
Non-recurring financial income76B€505€384▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€42k€60k▲
Income taxes67/77€13k€17k▲
Profit (loss) for the period9904€29k€42k▲
Profit (loss) for the period to be appropriated9905€29k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€42k▲
Transfer to equity691/2€29k€42k▲
To other reserves6921€29k€42k▲
Social balance
Average headcount (FTE)90875.0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €42k ▲45.5%
Operating result €68k, net result €42k, both a record.
31-12
Financial
Equity above €100kEq €115k ▲57.5%
3 profitable years in a row build equity to €115k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Beernem · 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.
Akkerstraat 38730 BeernemGround area
2,575 m²
Building footprint
581 m²
Volume, LiDAR
1,113 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Restaurant d'Afspanning
since 20212.324.585.697
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003C0143/00L000 | Flanders | 1,612 m² | 1 · 209 m² | 8.4 m · 2 fl. |
| 31003C0156/00P000 | Flanders | 963 m² | 1 · 372 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteBeernem2.324.585.697
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HERBERG NOPPE
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De Afspraak
BE 0794.265.296
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ACL Concept
BE 0845.140.412
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GERLO
BE 0474.127.090
Scherpenheuvel-Zichem · Eq €115k
Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.