S&L
ActiveSummary
The computed 12-month bankruptcy probability of S&L is 3.7% (moderate). The 2025 annual accounts show equity of €11k and a net result of €32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 13305 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+10
Solvency30▲+16
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.21 in 2024; short-term debt: 94.5% and cash: 24.1% of total assets), and 94.5% 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 →
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 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
15.7%
Age of the figures
9 mo
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 09-05-2026, 83 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
83 d early
2024
29 d late
2023
1 d early
2022
32 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€11k
2024 · €-21k
2022: €-14k
2023: €-34k
2024: €-21k
2022 → 2025
Total assets
€202k▲ 5.5%
2024 · €192k
2022: €90k
2023: €126k
2024: €192k
2022 → 2025
Net result
€32k▲ 133%
2024 · €14k
2022: €-19k
2023: €-20k
2024: €14k
2022 → 2025
Working capital
€-127k▲ 24.1%
2024 · €-167k
2022: €-82k
2023: €-124k
2024: €-167k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-14k-€-34k▼ 145%€-21k▲ 39.7%€11k
Operating result€-19k-€-20k▼ 6.7%€14k€36k▲ 159%
Net result€-19k-€-20k▼ 6.6%€14k€32k▲ 133%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 159% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€138k ▼ 5.9%
Current assets
€64k ▲ 42.6%
Equity and liabilities €202k
Equity
€11k
Debt
€191k
Debt finances 94.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€64k▲
2024 · €35k
Cash flow
€60k▲
2024 · €35k
Current ratio
0.34▲
2024 · 0.21
Quick ratio
0.29▲
2024 · 0.16
Debt to equity
17.31▲
2024 · -10.25
ROE
287.6%
ROA
15.7%▲
2024 · 7.1%
Interest coverage
662.65▲
2024 · 187.01
Debt ≤ 1 year
€191k▼
2024 · €212k
Income taxes
€4k▲
2024 · €89
Staff costs
€83k▲
2024 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€192k€202k▲
Fixed assets21/28€146k€138k▼
Tangible fixed assets22/27€144k€136k▼
Plant, machinery and equipment23€32k€26k▼
Furniture and vehicles24€14k€12k▼
Other tangible fixed assets26€99k€98k▼
Financial fixed assets28€2k€2k=
Current assets29/58€45k€64k▲
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Amounts receivable within one year40/41€4k€408▼
Trade receivables40€2k€1▼
Other amounts receivable41€2k€407▼
Cash at bank and in hand54/58€15k€49k▲
Deferred charges and accrued income490/1€14k€6k▼
Equity and liabilities
Total equity and liabilities10/49€192k€202k▲
Equity10/15€-21k€11k▲
Contributions10/11€5k€5k=
Reserves13-€6k
Distributable reserves133-€6k
Profit (loss) carried forward14€-26k-
Amounts payable17/49€212k€191k▼
Amounts payable within one year42/48€212k€191k▼
Trade debts44€55k€9k▼
Suppliers440/4€55k€9k▼
Taxes, remuneration and social security45€4k€13k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€3k€9k▲
Other amounts payable47/48€153k€170k▲
Income statement
Code20242025
Remuneration, social security and pensions62€38k€83k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€28k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€76k€152k▲
Operating profit (loss)9901€14k€36k▲
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€188€97▼
Recurring financial charges65€188€97▼
Profit (loss) for the period before taxes9903€14k€36k▲
Income taxes67/77€89€4k▲
Profit (loss) for the period9904€14k€32k▲
Profit (loss) for the period to be appropriated9905€14k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€6k▲
Profit (loss) brought forward from the previous period14P€-39k€-26k▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
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
Next filing, fiscal year 2026, expected by
2026
09-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €32k ▲133%
Operating result €36k, net result €32k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Niklaas · 1 establishment unit since 2022
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.
Nieuwstraat 109100 Sint-NiklaasGround area
309 m²
Building footprint
205 m²
Volume, LiDAR
2,149 m³
Parcel 46443E1588/00D000, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TORO SUSHI
since 20222.328.393.344
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E1588/00D000 | Flanders | 309 m² | 1 · 205 m² | 14.3 m · 4 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 siteSint-Niklaas2.328.393.344
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 7,364 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@torosintniklaas.be