SUMMERTOWN
ActiveSUMMERTOWN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-26k) and a net result of €-45k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 2295 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-25
Solvency22▼-5
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 0.56 in 2024; short-term debt: 23% and cash: 5.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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 2025Solvency, return and age of the figures
Solvency
-3.3%
Return on assets
-5.6%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-26k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
161 d late
2022
39 d early
2021
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-26k
2024 · €19k
2021: €-21k
2022: €23k
2023: €6k
2024: €19k
2021 → 2025
Total assets
€789k▼ 4.5%
2024 · €826k
2021: €109k
2022: €159k
2023: €835k
2024: €826k
2021 → 2025
Net result
€-45k
2024 · €13k
2021: €-31k
2022: €44k
2023: €-17k
2024: €13k
2021 → 2025
Working capital
€-74k▲ 5.9%
2024 · €-79k
2021: €-116k
2022: €-63k
2023: €-70k
2024: €-79k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-21k-€23k€6k▼ 73.1%€19k▲ 210%€-26k
Operating result€-43k-€42k€-9k€41k€-18k
Net result€-31k-€44k€-17k€13k€-45k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €41k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €789k
Fixed assets
€682k▼ 5.9%
Current assets
€107k▲ 5.6%
Key figures and ratios
EBITDA
€31k▼
2024 · €88k
Cash flow
€5k▼
2024 · €60k
Solvency
-3.3%▼
2024 · 2.3%
Current ratio
0.59▲
2024 · 0.56
Quick ratio
0.59▲
2024 · 0.56
Debt / equity
-31.72▼
2024 · 42.74
ROA
-5.6%▼
2024 · 1.5%
Interest coverage
1.18▼
2024 · 3.10
Debt
€814k▲
2024 · €807k
Debt ≤ 1 year
€181k▲
2024 · €180k
Debt > 1 year
€602k▼
2024 · €627k
Income taxes
€140▲
2024 · €132
Staff costs
€503▼
2024 · €15k
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€826k€789k▼
Fixed assets21/28€725k€682k▼
Tangible fixed assets22/27€725k€682k▼
Land and buildings22€643k€609k▼
Plant, machinery and equipment23€60k€55k▼
Furniture and vehicles24€22k€17k▼
Current assets29/58€101k€107k▲
Amounts receivable within one year40/41€22k€57k▲
Trade receivables40€4k€15k▲
Other amounts receivable41€18k€42k▲
Cash at bank and in hand54/58€80k€46k▼
Deferred charges and accrued income490/1€145€4k▲
Equity and liabilities
Total equity and liabilities10/49€826k€789k▼
Equity10/15€19k€-26k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€9k€-36k▼
Amounts payable17/49€807k€814k▲
Amounts payable after more than one year17€627k€602k▼
Financial debts170/4€627k€602k▼
Amounts payable within one year42/48€180k€181k▲
Current portion of amounts payable after more than one year42€26k€27k▲
Trade debts44€20k€15k▼
Suppliers440/4€20k€15k▼
Advances received on contracts in progress46€1k€7k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€5k€5k=
Other amounts payable47/48€125k€121k▼
Accrued charges and deferred income492/3-€31k
Income statement
Code20242025
Remuneration, social security and pensions62€15k€503▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€49k▲
Other operating charges640/8€902€23k▲
Gross operating margin9900€103k€55k▼
Operating profit (loss)9901€41k€-18k▼
Financial income75/76B€149€147▼
Recurring financial income75€149€147▼
Financial charges65/66B€28k€27k▼
Recurring financial charges65€28k€27k▼
Profit (loss) for the period before taxes9903€13k€-44k▼
Income taxes67/77€132€140▲
Profit (loss) for the period9904€13k€-45k▼
Profit (loss) for the period to be appropriated9905€13k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-36k▼
Profit (loss) brought forward from the previous period14P€-4k€9k▲
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-45k ▼448%
Net result drops to €-45k, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 161 days late
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wevelgem · 1 establishment unit since 2020
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.
Goedendagstraat 358560 WevelgemGround area
3,895 m²
Building footprint
1,756 m²
Volume, LiDAR
7,802 m³
2 parcels, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SUMMERTOWN
since 20202.304.403.759
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34009A0213/00G005 | Flanders | 2,736 m² | 1 · 1,612 m² | 15.9 m · 1 fl. |
| 34302B0439/00H000 | Flanders | 1,160 m² | 1 · 144 m² | 8.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 3,126 EUR awarded · 3,126 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 3,126 EUR | 3,126 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Vlaams beschermingsmechanisme 12 (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDeerlijk2.304.403.759
Similar companies · same sector, comparable size
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LE P’TIT TRAIN DE BOUILLON
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Bouillon · Eq €20k
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BE 0635.480.454
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JUNGLE WOOD
BE 0778.298.009
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Of 183 companies in sector 93210 we hold annual accounts for 127. 59 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2020
Fiscal year end30-06
Activities, NACEBEL
93210Sports, amusement and recreation activities
93212Sports, amusement and recreation activities
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.