SOREB
ActiveThe computed 12-month bankruptcy probability of SOREB is 9.7% (elevated). The 2024 annual accounts show equity of €74k and a net result of €9k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 18939 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78=
Solvency84▲+6
Growth78=
Track record92
Bankruptcy probability, 12 months
9.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.95 against 1.62 in 2023; short-term debt: 41.4% and cash: 7.4% of total assets), and 41.4% 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.
+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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
58.6%
Return on assets
7.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
6 d late
2023
87 d late
2022
80 d late
2021
94 d late
2020
102 d late
2019
121 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€74k▲ 14.1%
2023 · €65k
2019: €17k
2020: €33k
2021: €47k
2022: €56k
2023: €65k
2019 → 2024
Total assets
€127k▲ 2.7%
2023 · €123k
2019: €47k
2020: €89k
2021: €106k
2022: €68k
2023: €123k
2019 → 2024
Net result
€9k▼ 1.4%
2023 · €9k
2019: €2k
2020: €36k
2021: €26k
2022: €9k
2023: €9k
2019 → 2024
Working capital
€50k▲ 37.6%
2023 · €36k
2019: €-6k
2020: €77
2021: €4k
2022: €23k
2023: €36k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€47k▲ 44.2%€56k▲ 18.2%€65k▲ 16.7%€74k▲ 14.1%
Operating result€39k-€31k▼ 21.6%€14k▼ 53.5%€11k▼ 22.8%€12k▲ 9.5%
Net result€36k-€26k▼ 26.7%€9k▼ 67.5%€9k▲ 8.2%€9k▼ 1.4%
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 recovers in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €127k
Fixed assets
€24k▼ 15.2%
Current assets
€102k▲ 8.1%
Equity and liabilities €127k
Equity
€74k▲ 14.1%
Debt
€52k▼ 10.1%
The debt ratio falls from 47.3% to 41.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2023 · €31k
Cash flow
€20k▼
2023 · €30k
Solvency
58.6%▲
2023 · 52.7%
Current ratio
1.95▲
2023 · 1.62
Quick ratio
1.95▲
2023 · 1.58
Debt / equity
0.71▼
2023 · 0.90
ROE
12.4%▼
2023 · 14.3%
ROA
7.2%▼
2023 · 7.5%
Interest coverage
20.70▼
2023 · 74.01
Debt
€52k▼
2023 · €58k
Debt ≤ 1 year
€52k▼
2023 · €58k
Income taxes
€3k▲
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€123k€127k▲
Fixed assets21/28€29k€24k▼
Tangible fixed assets22/27€29k€24k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€19k€17k▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€94k€102k▲
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€91k€65k▼
Trade receivables40€56k€47k▼
Other amounts receivable41€35k€18k▼
Cash at bank and in hand54/58€920€9k▲
Deferred charges and accrued income490/1-€28k
Equity and liabilities
Total equity and liabilities10/49€123k€127k▲
Equity10/15€65k€74k▲
Contributions10/11€4k€4k=
Outside capital11€4k€4k=
Other1109/19€4k€4k=
Reserves13€115€115=
Non-distributable reserves130/1€115€115=
Reserves not available under the articles1311€115€115=
Profit (loss) carried forward14€61k€70k▲
Amounts payable17/49€58k€52k▼
Amounts payable within one year42/48€58k€52k▼
Trade debts44€51k€40k▼
Suppliers440/4€51k€40k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€10k▼
Other operating charges640/8€7k€5k▼
Gross operating margin9900€38k€27k▼
Operating profit (loss)9901€11k€12k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€425€1k▲
Recurring financial charges65€425€1k▲
Profit (loss) for the period before taxes9903€13k€13k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€9k€9k▼
Profit (loss) for the period to be appropriated9905€9k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€70k▲
Profit (loss) brought forward from the previous period14P€51k€61k▲
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
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
28-04
KBO administration
Address struck
Zavelstraat 25 1933 Die Sitzadresse Zavelstraat 25 1933 Zaventem
Zaventem · event 19-02-2025
2024
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 87 days late
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 80 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 2.88
Current ratio from 1.07 to 2.88; short-term debt falls from €59k to €12k.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 94 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
31-12
Financial
Highest result since 2019net €36k ▲1464%
Operating result €39k, net result €36k, both a record.
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 121 days late
SignalFinancial 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, Zaventem · 1 establishment unit since 2019
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.
Zavelstraat 271933 ZaventemGround area
286 m²
Building footprint
111 m²
Volume, LiDAR
447 m³
Parcel 23082B0344/00A016, Flanders · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SOREB
since 20192.286.506.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23082B0344/00A016 | Flanders | 286 m² | 1 · 111 m² | 4.7 m · 1 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
Parcel delivery
Notified to the BIPT
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 8,120 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2019
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000