SFZZ
ActiveSFZZ has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €-638. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 13061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency50▲+8
Growth32=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.14 in 2024), and 63% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37%
Return on assets
-1.1%
Age of the figures
11 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€638
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
40 d early
2023
33 d early
2022
30 d early
2021
30 d early
2020
31 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 2.9%
2024 · €22k
2018: €32k
2019: €36k
2020: €20k
2021: €13k
2022: €8k
2023: €28k
2024: €22k
2018 → 2025
Total assets
€58k▼ 11.8%
2024 · €65k
2018: €43k
2019: €43k
2020: €27k
2021: €22k
2022: €19k
2023: €46k
2024: €65k
2018 → 2025
Net result
€-638▲ 89.8%
2024 · €-6k
2018: €-89
2019: €4k
2020: €-16k
2021: €-7k
2022: €-5k
2023: €20k
2024: €-6k
2018 → 2025
Working capital
€-8k▲ 53.5%
2024 · €-16k
2018: €17k
2019: €22k
2020: €10k
2021: €8k
2022: €2k
2023: €22k
2024: €-16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€8k▼ 37.4%€28k▲ 259%€22k▼ 22.1%€21k▼ 2.9%
Operating result€-7k-€-4k▲ 37.4%€22k€-1k€4k
Net result€-7k-€-5k▲ 34.8%€20k€-6k€-638▲ 89.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€43k▼ 31.2%
Current assets
€14k▲ 444%
Equity and liabilities €58k
Equity
€21k▼ 2.9%
Debt
€36k▼ 16.3%
The debt ratio falls from 66.4% to 63.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€23k▲
2024 · €21k
Cash flow
€19k▲
2024 · €16k
Solvency
37.0%▲
2024 · 33.6%
Current ratio
0.65▲
2024 · 0.14
Quick ratio
0.63▲
2024 · 0.12
Debt / equity
1.70▼
2024 · 1.97
ROE
-3.0%▲
2024 · -28.4%
ROA
-1.1%▲
2024 · -9.6%
Interest coverage
16.47▲
2024 · 6.90
Debt
€36k▼
2024 · €43k
Debt ≤ 1 year
€22k▲
2024 · €19k
Debt > 1 year
€14k▼
2024 · €24k
Income taxes
€3k▲
2024 · €2k
Staff costs
€31k▼
2024 · €43k
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€65k€58k▼
Fixed assets21/28€63k€43k▼
Tangible fixed assets22/27€58k€38k▼
Plant, machinery and equipment23€661€330▼
Furniture and vehicles24€57k€38k▼
Financial fixed assets28€5k€5k=
Current assets29/58€3k€14k▲
Stocks and contracts in progress3€335€646▲
Stocks30/36€335€646▲
Amounts receivable within one year40/41€556-
Other amounts receivable41€556-
Cash at bank and in hand54/58€2k€14k▲
Equity and liabilities
Total equity and liabilities10/49€65k€58k▼
Equity10/15€22k€21k▼
Contributions10/11€14k€14k=
Reserves13€14k€14k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-6k€-7k▼
Amounts payable17/49€43k€36k▼
Amounts payable after more than one year17€24k€14k▼
Financial debts170/4€24k€14k▼
Amounts payable within one year42/48€19k€22k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€151€1k▲
Suppliers440/4€151€1k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€741€3k▲
Remuneration and social security454/9€2k€520▼
Other amounts payable47/48€6k€7k▲
Income statement
Code20242025
Remuneration, social security and pensions62€43k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€19k▼
Other operating charges640/8€8k€4k▼
Gross operating margin9900€73k€59k▼
Operating profit (loss)9901€-1k€4k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€-4k€2k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€-6k€-638▲
Profit (loss) for the period to be appropriated9905€-6k€-638▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-7k▼
Profit (loss) brought forward from the previous period14P-€-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
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-16k ▼525%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
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
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 1998
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.
Antwerpse Steenweg 1839100 Sint-NiklaasGround area
212 m²
Building footprint
139 m²
Volume, LiDAR
830 m³
Parcel 46445D1490/00K005, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CHINA SERVICE
since 19982.089.563.310
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1490/00K005 | Flanders | 212 m² | 1 · 139 m² | 11.2 m · 2 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-Niklaas2.089.563.310
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NO LIMIT RENOVATION
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DELICE DU LIBAN
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Ukkel · Eq €21k
Of 21,621 companies in sector 56112 we hold annual accounts for 9,652. 8,020 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-1998
Fiscal year end30-09
Activities, NACEBEL
55302
55522
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.