SaintgeorgesBK
ActiveThe computed 12-month bankruptcy probability of SaintgeorgesBK is 4.3% (elevated). The 2024 annual accounts show equity of €410k and a net result of €145k. Equity is growing by ~50.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 1775 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
66
/ 100
Healthy▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency38▲+20
Growth78=
Stability94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.8 in 2023), and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 24-06-2025, 37 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
23 d early
2022
19 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€145k▲ 18.6%
2023 · €122k
2022: €68k
2023: €122k
2022 → 2024
Working capital
€-51k▲ 39.0%
2023 · €-83k
2022: €-94k
2023: €-83k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€143k-€265k▲ 85.2%€410k▲ 54.5%
Operating result€90k-€151k▲ 68.8%€220k▲ 45.4%
Net result€68k-€122k▲ 78.6%€145k▲ 18.6%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 45% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.54M
Fixed assets
€1.16M▼ 4.2%
Current assets
€381k▲ 17.5%
Equity and liabilities €1.54M
Equity
€410k▲ 54.5%
Debt
€1.13M▼ 10.9%
The debt ratio falls from 82.7% to 73.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€273k▲
2023 · €204k
Cash flow
€198k▲
2023 · €175k
Solvency
26.6%▲
2023 · 17.3%
Current ratio
0.88▲
2023 · 0.80
Quick ratio
0.85▲
2023 · 0.76
Debt / equity
2.76▼
2023 · 4.79
ROE
35.3%▼
2023 · 46.0%
ROA
9.4%▲
2023 · 7.9%
Interest coverage
16.84▲
2023 · 12.12
Debt
€1.13M▼
2023 · €1.27M
Debt ≤ 1 year
€432k▲
2023 · €408k
Debt > 1 year
€701k▼
2023 · €864k
Income taxes
€59k▲
2023 · €12k
Staff costs
€670k▼
2023 · €696k
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€1.54M€1.54M▲
Fixed assets21/28€1.21M€1.16M▼
Intangible fixed assets21€23k€16k▼
Tangible fixed assets22/27€1.19M€1.15M▼
Land and buildings22€1.17M€1.12M▼
Plant, machinery and equipment23€22k€22k▼
Current assets29/58€324k€381k▲
Stocks and contracts in progress3€14k€16k▲
Stocks30/36€14k€16k▲
Amounts receivable within one year40/41€28k€9k▼
Trade receivables40€2k€2k▲
Other amounts receivable41€27k€6k▼
Cash at bank and in hand54/58€260k€339k▲
Deferred charges and accrued income490/1€23k€17k▼
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.54M▲
Equity10/15€265k€410k▲
Contributions10/11€75k€75k=
Reserves13€190k€335k▲
Distributable reserves133€190k€335k▲
Amounts payable17/49€1.27M€1.13M▼
Amounts payable after more than one year17€864k€701k▼
Financial debts170/4€789k€626k▼
Other amounts payable178/9€75k€75k=
Amounts payable within one year42/48€408k€432k▲
Current portion of amounts payable after more than one year42€161k€163k▲
Trade debts44€135k€136k▲
Suppliers440/4€135k€136k▲
Taxes, remuneration and social security45€109k€128k▲
Taxes450/3€23k€50k▲
Remuneration and social security454/9€86k€78k▼
Other amounts payable47/48€3k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€696k€670k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€53k▲
Other operating charges640/8€957€2k▲
Gross operating margin9900€901k€945k▲
Operating profit (loss)9901€151k€220k▲
Financial income75/76B€6€13▲
Recurring financial income75€6€13▲
Financial charges65/66B€17k€16k▼
Recurring financial charges65€17k€16k▼
Profit (loss) for the period before taxes9903€134k€204k▲
Income taxes67/77€12k€59k▲
Profit (loss) for the period9904€122k€145k▲
Profit (loss) for the period to be appropriated9905€122k€145k▲
Appropriation of the result
Profit (loss) to be appropriated9906€122k€145k▲
Transfer to equity691/2€122k€145k▲
To other reserves6921€122k€145k▲
Social balance
Average headcount (FTE)908715.715.4▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2022net €145k ▲18.6%
Operating result €220k, net result €145k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €200kEq €265k ▲85.2%
2 profitable years in a row build equity to €265k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Saint-Georges-sur-Meuse · 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.
Chaussée Verte 1174470 Saint-Georges-sur-MeuseGround area
2,706 m²
Building footprint
408 m²
Parcel 64065C1633/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chaussée Verte 117, 4470 Saint-Georges-sur-Meuse
since 20222.328.317.427
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64065C1633/00A000 | Wallonia | 2,706 m² | 1 · 408 m² | - |
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 siteSaint-Georges-sur-Meuse2.328.317.427
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Of 21,627 companies in sector 56112 we hold annual accounts for 9,656. 4,912 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:hubert.duchesne@skynet.be