SODA
ActiveSODA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €205k and a net result of €44k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 69% of 34 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2026
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability85▼-12
Solvency86▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.93 in 2025; short-term debt: 24.4% and cash: 14.8% of total assets), and 39.3% 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
60.7%
Return on assets
12.9%
Age of the figures
6 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-08-2026, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
61 d early
2025
28 d early
2024
59 d early
2023
63 d early
2022
27 d early
2021
51 d early
2020
61 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€205k▼ 3.3%
2025 · €212k
2019: €154k
2020: €174k
2021: €198k
2022: €235k
2023: €239k
2024: €238k
2025: €212k
2019 → 2026
Total assets
€338k▲ 10.8%
2025 · €305k
2019: €226k
2020: €241k
2021: €226k
2022: €276k
2023: €337k
2024: €330k
2025: €305k
2019 → 2026
Net result
€44k▼ 35.5%
2025 · €68k
2019: €42k
2020: €40k
2021: €24k
2022: €37k
2023: €13k
2024: €66k
2025: €68k
2019 → 2026
Working capital
€119k▼ 29.3%
2025 · €169k
2019: €123k
2020: €134k
2021: €157k
2022: €194k
2023: €185k
2024: €191k
2025: €169k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€235k-€239k▲ 1.4%€238k▼ 0.4%€212k▼ 10.7%€205k▼ 3.3%
Operating result€53k-€22k▼ 58.6%€92k▲ 318%€89k▼ 2.5%€56k▼ 37.2%
Net result€37k-€13k▼ 63.8%€66k▲ 397%€68k▲ 1.9%€44k▼ 35.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 37% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €338k
Fixed assets
€136k▲ 181%
Current assets
€202k▼ 21.3%
Equity and liabilities €338k
Equity
€205k▼ 3.3%
Debt
€133k▲ 43.3%
The debt ratio rises from 30.4% to 39.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€94k▼
2025 · €108k
Cash flow
€82k▼
2025 · €87k
Solvency
60.7%▼
2025 · 69.6%
Current ratio
2.45▼
2025 · 2.93
Quick ratio
2.39▼
2025 · 2.87
Debt / equity
0.65▲
2025 · 0.44
ROE
21.3%▼
2025 · 31.9%
ROA
12.9%▼
2025 · 22.2%
Interest coverage
33.46▼
2025 · 85.69
Debt
€133k▲
2025 · €93k
Debt ≤ 1 year
€82k▼
2025 · €87k
Debt > 1 year
€50k▲
2025 · €5k
Income taxes
€10k▼
2025 · €21k
Staff costs
€153k▼
2025 · €159k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€305k€338k▲
Fixed assets21/28€48k€136k▲
Tangible fixed assets22/27€48k€136k▲
Plant, machinery and equipment23€2k€7k▲
Furniture and vehicles24€30k€99k▲
Other tangible fixed assets26€16k€30k▲
Current assets29/58€256k€202k▼
Stocks and contracts in progress3€5k€5k▼
Stocks30/36€5k€5k▼
Amounts receivable within one year40/41€153k€134k▼
Trade receivables40€2k€5k▲
Other amounts receivable41€151k€128k▼
Cash at bank and in hand54/58€93k€50k▼
Deferred charges and accrued income490/1€6k€14k▲
Equity and liabilities
Total equity and liabilities10/49€305k€338k▲
Equity10/15€212k€205k▼
Contributions10/11€8k€8k=
Reserves13€204k€197k▼
Distributable reserves133€204k€197k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€93k€133k▲
Amounts payable after more than one year17€5k€50k▲
Financial debts170/4€5k€50k▲
Amounts payable within one year42/48€87k€82k▼
Current portion of amounts payable after more than one year42€15k€23k▲
Trade debts44€4k€21k▲
Suppliers440/4€4k€21k▲
Advances received on contracts in progress46€788€1k▲
Taxes, remuneration and social security45€38k€16k▼
Taxes450/3€19k€370▼
Remuneration and social security454/9€18k€16k▼
Other amounts payable47/48€30k€21k▼
Accrued charges and deferred income492/3€0€360▲
Income statement
Code20252026
Non-recurring operating income76A-€24k
Remuneration, social security and pensions62€159k€153k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€38k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€271k€249k▼
Operating profit (loss)9901€89k€56k▼
Financial income75/76B€265€393▲
Recurring financial income75€265€393▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€88k€54k▼
Income taxes67/77€21k€10k▼
Profit (loss) for the period9904€68k€44k▼
Profit (loss) for the period to be appropriated9905€68k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€44k▼
Transfer from equity791/2€63k€31k▼
Transfer to equity691/2€38k€24k▼
To other reserves6921€38k€24k▼
Profit to be distributed694/7€93k€51k▼
Return on contributions (dividend)694€63k€31k▼
Directors or managers695€30k€20k▼
Social balance
Average headcount (FTE)90873.43.5▲
The notes to these accounts (18 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 2027, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €68k ▲1.9%
Net result €68k, the highest in the series.
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €13k ▼63.8%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
2022
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €200kEq €235k ▲18.6%
4 profitable years in a row build equity to €235k.
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Liquidity triplescurrent ratio 10.72
Current ratio from 3.98 to 10.72; short-term debt falls from €45k to €16k.
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Brugge · 1 establishment unit since 2011
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.
Noordzandstraat 288000 BruggeGround area
215 m²
Building footprint
199 m²
Volume, LiDAR
1,567 m³
Parcel 31804D0754/00V000, Flanders · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Café au Lait
since 20112.194.559.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0754/00V000 | Flanders | 215 m² | 1 · 199 m² | 14.1 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 siteBrugge2.194.559.276
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 6,628 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2010
Fiscal year end31-03
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.