SPARRENBOS
ActiveThe computed 12-month bankruptcy probability of SPARRENBOS is 3.5% (moderate). The 2024 annual accounts show equity of €106k and a net result of €116k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 2936 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+15
Solvency45▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.94 in 2023; short-term debt: 49.9% and cash: 27.8% of total assets), and 80.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
35 d early
2022
40 d early
2021
26 d early
2020
33 d early
2019
79 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€106k
2023 · €-10k
2019: €-18k
2020: €7k
2021: €12k
2022: €-52k
2023: €-10k
2019 → 2024
Total assets
€533k▲ 26.4%
2023 · €422k
2019: €375k
2020: €328k
2021: €436k
2022: €389k
2023: €422k
2019 → 2024
Net result
€116k▲ 175%
2023 · €42k
2019: €-68k
2020: €25k
2021: €5k
2022: €-64k
2023: €42k
2019 → 2024
Working capital
€87k
2023 · €-16k
2019: €-90k
2020: €-9k
2021: €-66k
2022: €-225k
2023: €-16k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€12k▲ 76.2%€-52k€-10k▲ 80.8%€106k
Operating result€29k-€5k▼ 81.6%€-43k€52k€136k▲ 160%
Net result€25k-€5k▼ 79.9%€-64k€42k€116k▲ 175%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 160% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €533k
Fixed assets
€180k▼ 5.9%
Current assets
€353k▲ 53.4%
Equity and liabilities €533k
Equity
€106k
Debt
€427k
Debt finances 80.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€186k▲
2023 · €107k
Cash flow
€166k▲
2023 · €97k
Solvency
19.8%▲
2023 · -2.4%
Current ratio
1.33▲
2023 · 0.94
Quick ratio
1.07▲
2023 · 0.72
Debt / equity
4.04▲
2023 · -43.00
ROE
109.5%
ROA
21.7%▲
2023 · 10.0%
Interest coverage
8.82▼
2023 · 10.21
Debt
€427k▼
2023 · €432k
Debt ≤ 1 year
€266k▲
2023 · €246k
Debt > 1 year
€155k▼
2023 · €184k
Income taxes
€-48▼
2023 · €276
Staff costs
€342k▼
2023 · €480k
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€422k€533k▲
Fixed assets21/28€191k€180k▼
Intangible fixed assets21€70k€56k▼
Tangible fixed assets22/27€122k€124k▲
Plant, machinery and equipment23€82k€80k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€35k€41k▲
Current assets29/58€230k€353k▲
Stocks and contracts in progress3€54k€69k▲
Stocks30/36€54k€69k▲
Amounts receivable within one year40/41€79k€126k▲
Trade receivables40€42k€102k▲
Other amounts receivable41€37k€24k▼
Cash at bank and in hand54/58€96k€148k▲
Deferred charges and accrued income490/1€1k€9k▲
Equity and liabilities
Total equity and liabilities10/49€422k€533k▲
Equity10/15€-10k€106k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-60k€56k▲
Amounts payable17/49€432k€427k▼
Amounts payable after more than one year17€184k€155k▼
Financial debts170/4€184k€155k▼
Amounts payable within one year42/48€246k€266k▲
Current portion of amounts payable after more than one year42€34k€32k▼
Trade debts44€95k€171k▲
Suppliers440/4€95k€171k▲
Taxes, remuneration and social security45€61k€48k▼
Taxes450/3€21k€18k▼
Remuneration and social security454/9€40k€29k▼
Other amounts payable47/48€56k€15k▼
Accrued charges and deferred income492/3€2k€6k▲
Income statement
Code20232024
Non-recurring operating income76A€77-
Remuneration, social security and pensions62€480k€342k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€50k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€29k
Other operating charges640/8€3k€6k▲
Gross operating margin9900€590k€563k▼
Operating profit (loss)9901€52k€136k▲
Financial income75/76B€539€598▲
Recurring financial income75€539€598▲
Financial charges65/66B€10k€21k▲
Recurring financial charges65€10k€21k▲
Profit (loss) for the period before taxes9903€42k€116k▲
Income taxes67/77€276€-48▼
Profit (loss) for the period9904€42k€116k▲
Profit (loss) for the period to be appropriated9905€42k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€56k▲
Profit (loss) brought forward from the previous period14P€-102k€-60k▲
Social balance
Average headcount (FTE)908714.97.5▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €116k ▲175%
Operating result €136k, net result €116k, both a record.
31-12
Financial
Equity above €100kEq €106k
2 profitable years in a row build equity to €106k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
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, Knokke-Heist · 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.
Oosthoekplein 78300 Knokke-HeistGround area
593 m²
Building footprint
354 m²
Volume, LiDAR
1,349 m³
Parcel 31332E1183/00A000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SPARRENBOS
since 20192.286.162.217
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332E1183/00A000 | Flanders | 593 m² | 1 · 354 m² | 7.5 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
Food safety, FASFC
1 siteKnokke-Heist2.286.162.217
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,503 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:nicolasdecru@gmail.com
Phone:050631163