SAN MARCO PRIMO
ActiveSummary
SAN MARCO PRIMO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €349k and a net result of €18k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-6
Solvency97▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 2.08 in 2024; short-term debt: 26% and cash: 16.8% of total assets), and 27.7% 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
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
72.3%
Return on assets
3.8%
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
14 d early
2023
30 d late
2022
4 d early
2021
38 d early
2020
15 d early
2019
92 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
Equity
€349k▼ 6.0%
2024 · €371k
2018: €139k
2019: €155k
2020: €196k
2021: €272k
2022: €332k
2023: €341k
2024: €371k
2018 → 2025
Total assets
€482k▼ 11.3%
2024 · €544k
2018: €282k
2019: €309k
2020: €317k
2021: €422k
2022: €426k
2023: €454k
2024: €544k
2018 → 2025
Net result
€18k▼ 60.6%
2024 · €46k
2018: €21k
2019: €16k
2020: €41k
2021: €76k
2022: €60k
2023: €29k
2024: €46k
2018 → 2025
Working capital
€162k▼ 6.2%
2024 · €172k
2018: €-69k
2019: €-83k
2020: €-32k
2021: €55k
2022: €75k
2023: €107k
2024: €172k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€272k-€332k▲ 22.1%€341k▲ 2.6%€371k▲ 8.9%€349k▼ 6.0%
Operating result€102k-€84k▼ 17.8%€41k▼ 50.8%€72k▲ 73.0%€23k▼ 67.8%
Net result€76k-€60k▼ 20.6%€29k▼ 52.2%€46k▲ 61.1%€18k▼ 60.6%
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 2025; 2025 is 68% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €482k
Fixed assets
€195k ▼ 7.4%
Current assets
€287k ▼ 13.7%
Equity and liabilities €482k
Equity
€349k ▼ 6.0%
Debt
€134k ▼ 22.5%
Debt's share of the balance-sheet total falls from 31.8% to 27.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€70k▼
2024 · €117k
Cash flow
€65k▼
2024 · €92k
Current ratio
2.29▲
2024 · 2.08
Quick ratio
2.12▲
2024 · 1.95
Debt to equity
0.38▼
2024 · 0.47
ROE
5.2%▼
2024 · 12.5%
ROA
3.8%▼
2024 · 8.5%
Interest coverage
22.28▲
2024 · 20.73
Debt ≤ 1 year
€125k▼
2024 · €160k
Debt > 1 year
€5k▼
2024 · €8k
Income taxes
€9k▼
2024 · €21k
Staff costs
€198k▲
2024 · €185k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€544k€482k▼
Fixed assets21/28€211k€195k▼
Tangible fixed assets22/27€206k€190k▼
Land and buildings22€96k€93k▼
Plant, machinery and equipment23€12k€11k▼
Furniture and vehicles24€59k€43k▼
Other tangible fixed assets26€39k€44k▲
Financial fixed assets28€5k€5k=
Current assets29/58€333k€287k▼
Stocks and contracts in progress3€20k€21k▲
Stocks30/36€20k€21k▲
Amounts receivable within one year40/41€41k€62k▲
Trade receivables40€766€27k▲
Other amounts receivable41€40k€35k▼
Current investments50/53€132k€109k▼
Cash at bank and in hand54/58€128k€81k▼
Deferred charges and accrued income490/1€13k€14k▲
Equity and liabilities
Total equity and liabilities10/49€544k€482k▼
Equity10/15€371k€349k▼
Contributions10/11€25k€25k=
Reserves13€346k€324k▼
Distributable reserves133€346k€324k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€173k€134k▼
Amounts payable after more than one year17€8k€5k▼
Financial debts170/4€8k€5k▼
Amounts payable within one year42/48€160k€125k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€23k€28k▲
Suppliers440/4€23k€28k▲
Taxes, remuneration and social security45€54k€49k▼
Taxes450/3€34k€27k▼
Remuneration and social security454/9€20k€22k▲
Other amounts payable47/48€81k€45k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€185k€198k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€47k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€249€0▼
Gross operating margin9900€304k€270k▼
Operating profit (loss)9901€72k€23k▼
Financial income75/76B€1k€7k▲
Recurring financial income75€1k€7k▲
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€67k€27k▼
Income taxes67/77€21k€9k▼
Profit (loss) for the period9904€46k€18k▼
Profit (loss) for the period to be appropriated9905€46k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€18k▼
Transfer from equity791/2€16k€41k▲
Transfer to equity691/2€46k€18k▼
To other reserves6921€46k€18k▼
Profit to be distributed694/7€16k€41k▲
Return on contributions (dividend)694€16k€41k▲
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
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €76k ▲86.7%
Operating result €102k, net result €76k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.44
Current ratio from 0.64 to 1.44.
31-12
Financial
Equity above €200kEq €272k ▲38.7%
4 profitable years in a row build equity to €272k.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €16k ▼22.5%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €155k ▲11.9%
2 profitable years in a row build equity to €155k.
Show earlier events
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
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, Roeselare · 1 establishment unit since 1996
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.
Ooststraat 79-8800 RoeselareGround area
1,470 m²
Building footprint
707 m²
Volume, LiDAR
4,369 m³
Parcel 36015A0229/00S000, Flanders · tallest building 14.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SAN MARCO
since 19962.075.588.281
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0229/00S000 | Flanders | 1,470 m² | 1 · 707 m² | 14.1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteRoeselare2.075.588.281
Dual-learning approval
5 live approvals · 9 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Restaurant en keuken duaal (so)
Show 9 ended approvals
Hulpkelner (so)
Hulpkok (so)
Keukenmedewerker (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Hulpkelner (so)
Hulpkelner (vwo)
Hulpkelner duaal (so)
Kelner (so)
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HSIM
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 5,353 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
Founded06-03-1996
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.