Smaakbaron
ActiveSummary
The computed 12-month bankruptcy probability of Smaakbaron is 2.6% (moderate). The 2024 annual accounts show equity of €44k and a net result of €30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 18941 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+56
Solvency50▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.5 in 2023; short-term debt: 75% and cash: 28.9% of total assets), and 75% 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.
−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 →
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 2024Solvency, return and age of the figures
Solvency
25%
Return on assets
17%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €44k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
12 d early
2021
30 d early
2020
89 d late
2019
42 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€44k▲ 175%
2023 · €16k
2018: €3k
2019: €-16k
2020: €-736
2021: €39k
2022: €32k
2023: €16k
2018 → 2024
Total assets
€174k▲ 27.4%
2023 · €137k
2018: €64k
2019: €49k
2020: €79k
2021: €129k
2022: €180k
2023: €137k
2018 → 2024
Net result
€30k
2023 · €-16k
2018: €-5k
2019: €-19k
2020: €15k
2021: €39k
2022: €-7k
2023: €-16k
2018 → 2024
Working capital
€-27k▲ 54.8%
2023 · €-60k
2018: €-34k
2019: €-51k
2020: €-55k
2021: €-27k
2022: €-55k
2023: €-60k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-736-€39k€32k▼ 16.9%€16k▼ 50.6%€44k▲ 175%
Operating result€17k-€43k▲ 150%€-5k€-14k▼ 203%€45k
Net result€15k-€39k▲ 156%€-7k€-16k▼ 148%€30k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €45k after a loss of €14k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €174k
Fixed assets
€71k ▼ 7.0%
Current assets
€103k ▲ 70.9%
Equity and liabilities €174k
Equity
€44k ▲ 175%
Debt
€131k ▲ 8.1%
Debt's share of the balance-sheet total falls from 88.4% to 75.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69k▲
2023 · €10k
Cash flow
€54k▲
2023 · €7k
Current ratio
0.79▲
2023 · 0.50
Quick ratio
0.63▲
2023 · 0.43
Debt to equity
3.00▼
2023 · 7.64
ROE
67.8%▲
2023 · -102.4%
ROA
17.0%▲
2023 · -11.9%
Interest coverage
22.85▲
2023 · 3.61
Debt ≤ 1 year
€131k▲
2023 · €121k
Income taxes
€13k
Staff costs
€115k▲
2023 · €100k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€137k€174k▲
Fixed assets21/28€76k€71k▼
Intangible fixed assets21€3k€1k▼
Tangible fixed assets22/27€73k€69k▼
Plant, machinery and equipment23€62k€68k▲
Furniture and vehicles24€1k€620▼
Leasing and similar rights25€10k-
Financial fixed assets28€450€450=
Current assets29/58€60k€103k▲
Stocks and contracts in progress3€9k€21k▲
Stocks30/36€9k€21k▲
Amounts receivable within one year40/41€8k€26k▲
Trade receivables40€7k€7k▼
Other amounts receivable41€346€19k▲
Cash at bank and in hand54/58€39k€50k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€137k€174k▲
Equity10/15€16k€44k▲
Contributions10/11€19k€19k=
Reserves13-€25k
Distributable reserves133-€25k
Profit (loss) carried forward14€-3k-
Amounts payable17/49€121k€131k▲
Amounts payable within one year42/48€121k€131k▲
Financial debts43-€20k
Other loans439-€20k
Trade debts44€49k€82k▲
Suppliers440/4€49k€82k▲
Taxes, remuneration and social security45€19k€12k▼
Taxes450/3€8k€2k▼
Remuneration and social security454/9€11k€10k▼
Other amounts payable47/48€52k€17k▼
Income statement
Code20232024
Remuneration, social security and pensions62€100k€115k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€113k€188k▲
Operating profit (loss)9901€-14k€45k▲
Financial income75/76B€193€296▲
Recurring financial income75€193€296▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-16k€42k▲
Income taxes67/77-€13k
Profit (loss) for the period9904€-16k€30k▲
Profit (loss) for the period to be appropriated9905€-16k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€27k▲
Profit (loss) brought forward from the previous period14P-€-3k
Transfer from equity791/2€13k-
Transfer to equity691/2-€25k
To other reserves6921-€25k
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €39k ▲156%
Net result €39k, the highest in the series.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hasselt · 2 establishment units since 2016
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.
Sint-Truidersteenweg 2083500 HasseltGround area
430 m²
Building footprint
310 m²
Volume, LiDAR
6,755 m³
2 parcels, Flanders · tallest building 29.2 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
Café Kerkhof
since 20162.260.143.649
Lichttorenplein 11, 8300 Knokke-Heist
since 20262.391.225.489
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0047/00M000 | Flanders | 249 m² | 1 · 249 m² | 29.2 m · 9 fl. |
| 71325F0510/00C000 | Flanders | 182 m² | 1 · 61 m² | 13.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteHasselt2.260.143.649
Similar companies · same sector, comparable size
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BE 0691.910.797
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MAMO & CO
BE 0799.137.864
Elsene · Eq €43,613
MAYFAIR BEVERIDGE CY
BE 0444.721.343
Schaarbeek · Eq €43,628
LALE
BE 0885.072.342
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Bistro Houblon
BE 0841.981.873
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,437 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
Founded22-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.