SAN REMO
ActiveSAN REMO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €254k and a net result of €35k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 3609 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
78
/ 100
Excellent▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-30
Solvency62▼-28
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 2.09 in 2024), and 63.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
36.6%
Return on assets
5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
12 d late
2022
21 d early
2021
17 d late
2020
16 d early
2019
32 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€254k▼ 21.9%
2024 · €325k
2018: €70k
2019: €100k
2020: €-10k
2021: €175k
2022: €290k
2023: €303k
2024: €325k
2018 → 2025
Total assets
€694k▼ 4.0%
2024 · €723k
2018: €335k
2019: €351k
2020: €233k
2021: €494k
2022: €594k
2023: €641k
2024: €723k
2018 → 2025
Net result
€35k▼ 45.7%
2024 · €64k
2018: €41k
2019: €30k
2020: €-110k
2021: €185k
2022: €115k
2023: €21k
2024: €64k
2018 → 2025
Working capital
€73k▼ 75.6%
2024 · €298k
2018: €-38k
2019: €28k
2020: €57k
2021: €169k
2022: €232k
2023: €200k
2024: €298k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€290k▲ 65.4%€303k▲ 4.4%€325k▲ 7.4%€254k▼ 21.9%
Operating result€199k-€162k▼ 18.7%€35k▼ 78.2%€117k▲ 233%€106k▼ 9.4%
Net result€185k-€115k▼ 38.0%€21k▼ 81.8%€64k▲ 205%€35k▼ 45.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €694k
Fixed assets
€258k▲ 68.2%
Current assets
€436k▼ 23.4%
Equity and liabilities €694k
Equity
€254k▼ 21.9%
Debt
€440k▲ 10.6%
The debt ratio rises from 55.0% to 63.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€144k▲
2024 · €137k
Cash flow
€72k▼
2024 · €83k
Solvency
36.6%▼
2024 · 45.0%
Current ratio
1.20▼
2024 · 2.09
Quick ratio
1.16▼
2024 · 2.04
Debt / equity
1.73▲
2024 · 1.22
ROE
13.6%▼
2024 · 19.5%
ROA
5.0%▼
2024 · 8.8%
Interest coverage
11.55▼
2024 · 16.24
Debt
€440k▲
2024 · €398k
Debt ≤ 1 year
€364k▲
2024 · €272k
Debt > 1 year
€77k▼
2024 · €126k
Income taxes
€59k▲
2024 · €46k
Staff costs
€783k▲
2024 · €721k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€723k€694k▼
Fixed assets21/28€153k€258k▲
Tangible fixed assets22/27€151k€256k▲
Plant, machinery and equipment23€21k€29k▲
Furniture and vehicles24€122k€220k▲
Other tangible fixed assets26€9k€7k▼
Financial fixed assets28€2k€2k=
Current assets29/58€570k€436k▼
Stocks and contracts in progress3€15k€15k▲
Stocks30/36€15k€15k▲
Amounts receivable within one year40/41€276k€212k▼
Trade receivables40€31k€10k▼
Other amounts receivable41€245k€202k▼
Cash at bank and in hand54/58€275k€207k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€723k€694k▼
Equity10/15€325k€254k▼
Contributions10/11€19k€19k=
Reserves13€307k€236k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€305k€234k▼
Amounts payable17/49€398k€440k▲
Amounts payable after more than one year17€126k€77k▼
Financial debts170/4€126k€77k▼
Amounts payable within one year42/48€272k€364k▲
Current portion of amounts payable after more than one year42€70k€50k▼
Financial debts43-€21k
Credit institutions430/8-€21k
Trade debts44€31k€153k▲
Suppliers440/4€31k€153k▲
Taxes, remuneration and social security45€172k€139k▼
Taxes450/3€81k€35k▼
Remuneration and social security454/9€91k€105k▲
Income statement
Code20242025
Remuneration, social security and pensions62€721k€783k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€37k▲
Other operating charges640/8€3k€13k▲
Non-recurring operating charges66A€21k-
Gross operating margin9900€883k€940k▲
Operating profit (loss)9901€117k€106k▼
Financial income75/76B€347€30▼
Recurring financial income75€347€30▼
Financial charges65/66B€8k€12k▲
Recurring financial charges65€8k€12k▲
Profit (loss) for the period before taxes9903€109k€94k▼
Income taxes67/77€46k€59k▲
Profit (loss) for the period9904€64k€35k▼
Profit (loss) for the period to be appropriated9905€64k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€35k▼
Transfer from equity791/2€41k€106k▲
Transfer to equity691/2€64k€35k▼
To other reserves6921€64k€35k▼
Profit to be distributed694/7€41k€106k▲
Return on contributions (dividend)694€41k€106k▲
Social balance
Average headcount (FTE)908716.317.1▲
The notes to these accounts (9 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €290k ▲65.4%
2 profitable years in a row build equity to €290k.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
31-12
Financial
Back to profitnet €185k
Net result €185k after one loss-making year.
31-12
Financial
Equity above €150kEq €175k
Equity rises from €-10k to €175k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-110k ▼461%
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €100k ▲43.7%
2 profitable years in a row build equity to €100k.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
ARIF Muzaffar
CurrentDirector · since 08-05-2025
KOKHIDZE Susanna Ismetovna
CurrentDirector · since 08-05-2025
08-05-2025
ARIF Muzaffar: Appointed as Director
08-05-2025
KOKHIDZE Susanna Ismetovna: Appointed as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2000
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.
De Keyserlei 332018 AntwerpenGround area
102 m²
Building footprint
93 m²
Volume, LiDAR
1,273 m³
Parcel 11808H1167/00A007, Flanders · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SAN REMO
since 20002.115.903.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1167/00A007 | Flanders | 102 m² | 1 · 93 m² | 19.9 m · 5 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 siteAntwerpen2.115.903.956
Similar companies · same sector, comparable size
Domaine des Charmilles
BE 0729.571.345
Waimes · Eq €254k
BRABOHOEVE
BE 0643.588.268
Schilde · Eq €254k
TRENSON
BE 0430.064.841
Brugge · Eq €254k
MARJUS
BE 0459.324.001
Ronse · Eq €254k
DIVINA
BE 0450.315.768
Waremme · Eq €254k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 7,952 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2000
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.