Financials
- Fiscal year
- 2024
- Total assets
- €447,203
- Profit
- €38,865
- Solvency
- 12.3%
Total assets▲ 7.4%
Net result
20182024
Schwenroe
ActiveSummary
The computed 12-month bankruptcy probability of Schwenroe is 2.3% (moderate). The 2024 annual accounts show equity of €54,847 and a net result of €38,865. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 2961 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112NACE 55302Full-service restaurants NACE 56101
#5 company by staff growth in Knokke-Heist, Accommodation and food service sector2 sites
Size
€447,203total assets 2024
- Staff
- 20.5 FTE
- Equity
- €54,847
- Profit
- €38,865
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue
Why 53- Figures for FY 2024 (filed 02-10-2025)- Sector Food and beverage service activities (NACE 56)+ Founded in 1998+ Liquidity: current ratio 0.96, cash €116,848Show the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 55% of its sector peers (NACE 56, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
37+8
equity 12.3% of total assets
Liquidity
34+6
short-term debt 87.7% · cash 26.1%
Profitability
80+80
return on assets 8.7%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.1%
12-2024: 4.1%● 0.0% vs 11-2024
01-2025: 4.0%▼ -0.5% vs 12-2024
02-2025: 4.0%● 0.0% vs 01-2025
03-2025: 4.0%▼ -2.1% vs 02-2025
04-2025: 3.9%▼ -0.8% vs 03-2025
05-2025: 3.7%▼ -5.3% vs 04-2025
06-2025: 3.6%▼ -3.1% vs 05-2025
07-2025: 3.6%▲ +0.9% vs 06-2025
08-2025: 4.0%▲ +10.6% vs 07-2025
09-2025: 4.2%▲ +3.5% vs 08-2025
10-2025: 4.3%▲ +2.8% vs 09-2025highest value
11-2025: 1.4%▼ -66.4% vs 10-2025
12-2025: 1.4%● 0.0% vs 11-2025
01-2026: 1.4%▼ -0.6% vs 12-2025
02-2026: 1.4%● 0.0% vs 01-2026
03-2026: 1.4%▲ +0.2% vs 02-2026
04-2026: 1.4%▼ -1.0% vs 03-2026
05-2026: 1.4%▼ -1.2% vs 04-2026
06-2026: 1.3%▼ -5.8% vs 05-2026lowest value
07-2026: 1.4%▲ +7.0% vs 06-2026
08-2026: 1.8%▲ +29.0% vs 07-2026
09-2026: 2.1%▲ +17.0% vs 08-2026
10-2026: 2.3%▲ +9.7% vs 09-2026
- Founded in 1998 lowers the probability for this profile
- Liquidity: current ratio 0.96, cash €116,848 lowers the probability
- Figures for FY 2024 (filed 02-10-2025) raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.81 in 2023; short-term debt: 87.7% and cash: 26.1% of total assets), and 87.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, small). Better than this share of them on solvency 29%, liquidity 25%, profitability 69%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
69 d late
2022
61 d late
2021
246 d late
2020
91 d late
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 106 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Back to profitnet €38,865
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2016
- 30-09-2025Annual accounts filed
- 31-12-2024Back to profit
- 08-10-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company (pre-2019)
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 17-02-1998
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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