S & I
ActiveThe computed 12-month bankruptcy probability of S & I is 1.5% (moderate). The 2024 annual accounts show equity of €238k and a net result of €41k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 18942 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▼-12
Solvency91▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity ample (current ratio 2.79 against 4.72 in 2023; short-term debt: 33% and cash: 18.5% of total assets), and 34% 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.
−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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-11-2025, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
101 d late
2023
138 d late
2022
95 d late
2021
53 d late
2020
59 d late
2019
63 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€238k▲ 20.9%
2023 · €197k
2018: €47k
2019: €61k
2020: €104k
2021: €138k
2022: €143k
2023: €197k
2018 → 2024
Total assets
€361k▲ 42.0%
2023 · €254k
2018: €63k
2019: €80k
2020: €129k
2021: €246k
2022: €195k
2023: €254k
2018 → 2024
Net result
€41k▼ 24.0%
2023 · €54k
2018: €9k
2019: €15k
2020: €43k
2021: €34k
2022: €5k
2023: €54k
2018 → 2024
Working capital
€213k▲ 13.7%
2023 · €188k
2018: €57k
2019: €63k
2020: €111k
2021: €123k
2022: €133k
2023: €188k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€104k-€138k▲ 32.3%€143k▲ 3.3%€197k▲ 37.9%€238k▲ 20.9%
Operating result€50k-€40k▼ 21.0%€17k▼ 57.4%€83k▲ 390%€66k▼ 20.7%
Net result€43k-€34k▼ 21.3%€5k▼ 86.4%€54k▲ 1,078%€41k▼ 24.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 21% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €361k
Fixed assets
€28k▲ 78.1%
Current assets
€333k▲ 39.6%
Equity and liabilities €361k
Equity
€238k▲ 20.9%
Debt
€123k▲ 115%
The debt ratio rises from 22.5% to 34.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▼
2023 · €91k
Cash flow
€49k▼
2023 · €62k
Solvency
66.0%▼
2023 · 77.5%
Current ratio
2.79▼
2023 · 4.72
Quick ratio
2.73▼
2023 · 4.67
Debt / equity
0.52▲
2023 · 0.29
ROE
17.3%▼
2023 · 27.5%
ROA
11.4%▼
2023 · 21.3%
Interest coverage
22.33▼
2023 · 26.28
Debt
€123k▲
2023 · €57k
Debt ≤ 1 year
€119k▲
2023 · €50k
Debt > 1 year
€4k▼
2023 · €7k
Income taxes
€21k▼
2023 · €25k
Staff costs
€65k▲
2023 · €36k
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€254k€361k▲
Fixed assets21/28€16k€28k▲
Tangible fixed assets22/27€16k€28k▲
Plant, machinery and equipment23€13k€7k▼
Furniture and vehicles24€2k€21k▲
Current assets29/58€238k€333k▲
Stocks and contracts in progress3€3k€8k▲
Stocks30/36€3k€8k▲
Amounts receivable within one year40/41€182k€223k▲
Trade receivables40€22k€44k▲
Other amounts receivable41€160k€179k▲
Cash at bank and in hand54/58€25k€67k▲
Deferred charges and accrued income490/1€28k€35k▲
Equity and liabilities
Total equity and liabilities10/49€254k€361k▲
Equity10/15€197k€238k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€176k€218k▲
Amounts payable17/49€57k€123k▲
Amounts payable after more than one year17€7k€4k▼
Financial debts170/4€7k€4k▼
Amounts payable within one year42/48€50k€119k▲
Trade debts44€14k€45k▲
Suppliers440/4€14k€45k▲
Taxes, remuneration and social security45€36k€74k▲
Taxes450/3€36k€45k▲
Remuneration and social security454/9-€29k
Income statement
Code20232024
Remuneration, social security and pensions62€36k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€14k€3k▼
Gross operating margin9900€140k€141k▲
Operating profit (loss)9901€83k€66k▼
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€79k€62k▼
Income taxes67/77€25k€21k▼
Profit (loss) for the period9904€54k€41k▼
Profit (loss) for the period to be appropriated9905€54k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€176k€218k▲
Profit (loss) brought forward from the previous period14P€122k€176k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 101 days late
2024
31-12
Financial
Equity above €200kEq €238k ▲20.9%
7 profitable years in a row build equity to €238k.
16-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 138 days late
2023
31-12
Financial
Highest result since 2018net €54k ▲1078%
Operating result €83k, net result €54k, both a record.
31-12
Financial
Equity above €150kEq €197k ▲37.9%
6 profitable years in a row build equity to €197k.
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 95 days late
2022
31-12
Financial
Weakest financial yearnet €5k ▼86.4%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Equity above €100kEq €104k ▲69.7%
3 profitable years in a row build equity to €104k.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 427 days late
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Kapellen · 1 establishment unit since 2012
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.
Ertbrandstraat 2762950 KapellenGround area
290 m²
Building footprint
131 m²
Volume, LiDAR
671 m³
Parcel 11023A0030/00G000, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ertbrandstraat 276, 2950 Kapellen
since 20122.209.967.628
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023A0030/00G000 | Flanders | 290 m² | 1 · 131 m² | 9.7 m · 1 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 siteKapellen (Antw.)2.209.967.628
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 6,296 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-05-2012
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.