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SUITE

Active
Private limited companyfounded 198243 yrs activeBiarritzsquare 1, 1050 Elsene, BelgiumKBO/BCE: BE 0423.400.842

The computed 12-month bankruptcy probability of SUITE is 3.6% (moderate). The 2025 annual accounts show negative equity (€-11k) and a net result of €-64k. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 3614 sector peers (fiscal year 2025). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
7 / 100
Critical▼ -54 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency34▼-15
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.9 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Nine 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 · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 43 years 0 50 y
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 2025
Solvency, return and age of the figures
Solvency
-7%
Return on assets
-42.7%
Age of the figures
8 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€11k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
20 d late
2023
30 d late
2022
on the day
2021
11 d late
2020
30 d late
2019
31 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-64k
2024 · €29k
2018: €-10k 2019: €6k 2020: €10k 2021: €3k 2022: €47k 2023: €-13k 2024: €29k
2018 → 2025
Working capital
€-77k▼ 588%
2024 · €-11k
2018: €-96k 2019: €-78k 2020: €-60k 2021: €-48k 2022: €-16k 2023: €-23k 2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-9k-€38k€25k▼ 34.1%€54k▲ 115%€-11k
Operating result€13k-€59k▲ 338%€213▼ 99.6%€48k▲ 22,487%€-52k
Net result€3k-€47k▲ 1,652%€-13k€29k€-64k
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €13k€13kNet result 2021: €3k€3kOperating result 2022: €59k€59kNet result 2022: €47k€47kOperating result 2023: €213€213Net result 2023: €-13k€-13kOperating result 2024: €48k€48kNet result 2024: €29k€29kOperating result 2025: €-52k€-52kNet result 2025: €-64k€-64k20212022202320242025
The operating result turns negative in 2025: a loss of €52k after €48k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets €67k▲ 2.7%
Current assets €84k▼ 15.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-39k
2024 · €57k
Cash flow
€-52k
2024 · €37k
Solvency
-7.0%
2024 · 32.6%
Current ratio
0.52
2024 · 0.90
Quick ratio
0.27
2024 · 0.46
Debt / equity
-15.20
2024 · 2.06
ROE
606.0%
2024 · 53.4%
ROA
-42.7%
2024 · 17.4%
Interest coverage
-3.12
2024 · 4.04
Debt
€161k
2024 · €111k
Debt ≤ 1 year
€161k
2024 · €111k
Income taxes
€388
2024 · €6k
Staff costs
€270k
2024 · €230k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€165k€151k
Fixed assets21/28€65k€67k
Tangible fixed assets22/27€38k€40k
Furniture and vehicles24€38k€40k
Financial fixed assets28€27k€27k=
Current assets29/58€100k€84k
Stocks and contracts in progress3€49k€40k
Stocks30/36€49k€40k
Amounts receivable within one year40/41€12k€8k
Trade receivables40€7k€3k
Other amounts receivable41€5k€5k=
Cash at bank and in hand54/58€32k€30k
Deferred charges and accrued income490/1€7k€6k
Equity and liabilities
Total equity and liabilities10/49€165k€151k
Equity10/15€54k€-11k
Contributions10/11€19k€19k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€25k€-40k
Amounts payable17/49€111k€161k
Amounts payable within one year42/48€111k€161k
Trade debts44€55k€61k
Suppliers440/4€55k€61k
Taxes, remuneration and social security45€56k€99k
Taxes450/3€20k€32k
Remuneration and social security454/9€36k€67k
Accrued charges and deferred income492/3-€614
Income statement Code20242025
Remuneration, social security and pensions62€230k€270k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k
Other operating charges640/8€1k€1k
Gross operating margin9900€288k€233k
Operating profit (loss)9901€48k€-52k
Financial income75/76B€409€381
Recurring financial income75€409€381
Financial charges65/66B€14k€13k
Recurring financial charges65€14k€13k
Profit (loss) for the period before taxes9903€35k€-64k
Income taxes67/77€6k€388
Profit (loss) for the period9904€29k€-64k
Profit (loss) for the period to be appropriated9905€29k€-64k
Appropriation of the result
Profit (loss) to be appropriated9906€25k€-40k
Profit (loss) brought forward from the previous period14P€-4k€25k
Social balance
Average headcount (FTE)90876.55.4

The notes to these accounts (9 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €-64k ▼324%
Net result drops to €-64k, the lowest in the series.
20-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
31-12
Financial Back to profitnet €29k
Net result €29k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €47k ▲1652%
Operating result €59k, net result €47k, both a record.
11-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Elsene · 2 establishment units since 1982
establishment All 2 establishment units on the map
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.

Biarritzsquare 11050 Elsene
Ground area
983 m²
Building footprint
328 m²
Volume, LiDAR
2,904 m³
2 parcels, Brussels · tallest building 22.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Kif Kif
Biarritzsquare 1, 1050 ElseneNACE 55301
since 19822.021.901.751
Bab Dar
Charleroise Steenweg 85, 1060 Sint-Gillis (bij-Brussel)Full-service restaurants
since 20102.185.469.782
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21444B0055/00W004 Brussels 633 m² 1 · 173 m² 3.2 m
21013B0040/00P018 Brussels 350 m² 1 · 155 m² 22.0 m · 6 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

2 sites
Elsene2.021.901.751
1 permission
Toelating · Eetgelegenheid · since 07-11-2008
Sint-Gillis2.185.469.782
1 permission
Toelating · Eetgelegenheid · since 06-11-2012

Similar companies · same sector, comparable size

Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,729 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-10-1982
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.