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STRANDCAFE

Active
Private limited companyfounded 200620 yrs activeScharebrugstraat 74, 8370 Blankenberge, BelgiumKBO/BCE: BE 0878.516.132

The computed 12-month bankruptcy probability of STRANDCAFE is 1.9% (moderate). The 2024 annual accounts show equity of €44k and a net result of €-28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 18939 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
30 / 100
Weak▼ -25 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency33▼-21
Growth78=
Stability100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.73 against 1.22 in 2023), and 73.9% 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 riskneutral
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 2024
Solvency, return and age of the figures
Solvency
26.1%
Return on assets
-16.7%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€28k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
31 d late
2022
29 d late
2021
23 d late
2020
31 d late
2019
27 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€44k▼ 39.0%
2023 · €73k
2018: €34k 2019: €17k 2020: €51k 2021: €104k 2022: €101k 2023: €73k
2018 → 2024
Total assets
€170k▼ 26.4%
2023 · €231k
2018: €327k 2019: €309k 2020: €326k 2021: €290k 2022: €266k 2023: €231k
2018 → 2024
Net result
€-28k▼ 1.2%
2023 · €-28k
2018: €-33k 2019: €-17k 2020: €34k 2021: €53k 2022: €-4k 2023: €-28k
2018 → 2024
Working capital
€-14k
2023 · €13k
2018: €-15k 2019: €-55k 2020: €-20k 2021: €42k 2022: €25k 2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€51k-€104k▲ 104%€101k▼ 3.6%€73k▼ 27.8%€44k▼ 39.0%
Operating result€36k-€55k▲ 54.3%€-2k€-24k▼ 1,365%€-26k▼ 5.9%
Net result€34k-€53k▲ 58.9%€-4k€-28k▼ 643%€-28k▼ 1.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50kOperating result 2020: €36k€36kNet result 2020: €34k€34kOperating result 2021: €55k€55kNet result 2021: €53k€53kOperating result 2022: €-2k€-2kNet result 2022: €-4k€-4kOperating result 2023: €-24k€-24kNet result 2023: €-28k€-28kOperating result 2024: €-26k€-26kNet result 2024: €-28k€-28k20202021202220232024
The operating result stays negative: a loss of €26k in 2024 against €24k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170k
Fixed assets €133k▼ 17.1%
Current assets €37k▼ 47.7%
Equity and liabilities €170k
Equity €44k▼ 39.0%
Debt €125k▼ 20.6%
The debt ratio rises from 68.5% to 73.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€7k
2023 · €15k
Cash flow
€4k
2023 · €11k
Solvency
26.1%
2023 · 31.5%
Current ratio
0.73
2023 · 1.22
Quick ratio
0.67
2023 · 1.12
Debt / equity
2.83
2023 · 2.17
ROE
-63.9%
2023 · -38.5%
ROA
-16.7%
2023 · -12.1%
Interest coverage
2.57
2023 · 4.69
Debt
€125k
2023 · €158k
Debt ≤ 1 year
€50k
2023 · €57k
Debt > 1 year
€75k
2023 · €100k
Income taxes
€589
2023 · €613
Staff costs
€63k
2023 · €62k
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€231k€170k
Fixed assets21/28€161k€133k
Tangible fixed assets22/27€161k€133k
Land and buildings22€138k€117k
Plant, machinery and equipment23€6k€7k
Furniture and vehicles24€16k€9k
Current assets29/58€70k€37k
Stocks and contracts in progress3€6k€3k
Stocks30/36€6k€3k
Amounts receivable within one year40/41€32k€17k
Trade receivables40€30k€13k
Other amounts receivable41€2k€3k
Cash at bank and in hand54/58€30k€14k
Deferred charges and accrued income490/1€2k€3k
Equity and liabilities
Total equity and liabilities10/49€231k€170k
Equity10/15€73k€44k
Contributions10/11€107k€107k=
Reserves13€41k€22k
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Distributable reserves133€38k€22k
Profit (loss) carried forward14€-75k€-85k
Amounts payable17/49€158k€125k
Amounts payable after more than one year17€100k€75k
Financial debts170/4€23k-
Other amounts payable178/9€77k€75k
Amounts payable within one year42/48€57k€50k
Current portion of amounts payable after more than one year42€23k€23k
Trade debts44€24k€20k
Suppliers440/4€24k€20k
Taxes, remuneration and social security45€10k€6k
Taxes450/3€5k€2k
Remuneration and social security454/9€5k€4k
Other amounts payable47/48€156€609
Accrued charges and deferred income492/3€72-
Income statement Code20232024
Non-recurring operating income76A-€207
Remuneration, social security and pensions62€62k€63k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€33k
Other operating charges640/8€5k€7k
Gross operating margin9900€81k€77k
Operating profit (loss)9901€-24k€-26k
Financial income75/76B-€661
Recurring financial income75-€661
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€-27k€-28k
Income taxes67/77€613€589
Profit (loss) for the period9904€-28k€-28k
Profit (loss) for the period to be appropriated9905€-28k€-28k
Appropriation of the result
Profit (loss) to be appropriated9906€-75k€-103k
Profit (loss) brought forward from the previous period14P€-47k€-75k
Transfer from equity791/2-€19k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial Highest result since 2018net €53k ▲58.9%
Operating result €55k, net result €53k, both a record.
31-12
Financial Liquidity triplescurrent ratio 2.11
Current ratio from 0.81 to 2.11; short-term debt falls from €104k to €38k.
31-12
Financial Equity above €100kEq €104k ▲104%
2 profitable years in a row build equity to €104k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Back to profitnet €34k
Net result €34k after 2 loss-making years.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Blankenberge · 1 establishment unit since 2006
exact location from the address register On OpenStreetMap
Ground area
706 m²
Building footprint
282 m²
Volume, LiDAR
1,415 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bistro Zee Zee
Wenduinse Steenweg 15, 8370 BlankenbergeLogistics services
since 20062.151.050.719
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31034C0143/03S002 Flanders 489 m² 1 · 116 m² 9.7 m · 2 fl.
31004A0741/12B000 Flanders 218 m² 1 · 167 m² 7.5 m · 1 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.

Similar companies · same sector, comparable size

Of 21,642 companies in sector 56112 we hold annual accounts for 9,658. 8,320 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-01-2006
Fiscal year end31-12
Activities, NACEBEL
55302
55401
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.