Equity
Debts exceed assets in financial year 2024.
Debts exceed assets in financial year 2024.
Every financial year from 2020 to 2024 closed with a loss. 2024 was the heaviest.
Of this, €736,166 falls due within a year.
Green is investment, beige is depreciation.
2025 accounts not filed: deadline was 31-07-2026.
Lower net result than 95% of companies in food and beverage service. Sector median €10,892 · 1,722 companies.
In July 2024, 598 companies had the same profile as ROLLUPP has now. Each dot stands for 2 companies, two years later.
Another 1.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 598 companies, not a prediction for ROLLUPP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| ROLLUPP Ixelles | €0.7m | -€96,473 | -104.9% | - |
| WATERLOOS Deinze | €0.7m | -€249 | 25.4% | - |
| RAYCIMO Antwerp | €0.7m | -€2,027 | 86.8% | - |
| INDEX Antwerp | €0.6m | -€48,494 | 4.4% | - |
| RESTO PATSON Sint-Pieters-Leeuw | €0.6m | -€32,870 | 97.7% | - |
| Gaumi Ostend | €0.5m | -€39,471 | 73.7% | - |
| INNOVATIVE FOOD CONCEPT Watermael-Boitsfort | €1.1m | -€44,243 | 87.1% | - |
These companies have the same main activity as ROLLUPP: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €502,000 and €1.1m, founded between 2012 and 2016.
The gross margin has fallen every year since 2021. Solvency fell in 2024 from -21.2% to -104.9% because of the loss and higher debts to suppliers.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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