SWEETLAKE
Active1 interim measureThe file of SWEETLAKE contains 1 interim measure, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 4.0% (elevated). The 2024 annual accounts show equity of €2k and a net result of €-13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 18937 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency10▼-63
Growth32▼-20
Stability72
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.96 in 2023), and 96.3% 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.
+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 · 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
3.7%
Return on assets
-23.5%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
198 d late
2022
562 d late
2021
899 d late
2020
1256 d late
2019
1579 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
Strikeout withdrawn
Financials · fiscal year 2024, micro schema
Equity
€2k▼ 86.3%
2023 · €15k
2018: €8k
2019: €7k
2020: €17k
2021: €30k
2022: €23k
2023: €15k
2018 → 2024
Total assets
€56k▲ 87.7%
2023 · €30k
2018: €86k
2019: €118k
2020: €86k
2021: €111k
2022: €56k
2023: €30k
2018 → 2024
Net result
€-13k▼ 87.0%
2023 · €-7k
2018: €-1k
2019: €-703
2020: €10k
2021: €12k
2022: €-7k
2023: €-7k
2018 → 2024
Working capital
€-9k▼ 1,919%
2023 · €-446
2018: €-10k
2019: €-11k
2020: €-21k
2021: €-1k
2022: €-9k
2023: €-446
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€30k▲ 73.1%€23k▼ 23.9%€15k▼ 31.6%€2k▼ 86.3%
Operating result€14k-€17k▲ 24.2%€-5k€-5k▲ 8.1%€-13k▼ 163%
Net result€10k-€12k▲ 28.7%€-7k€-7k▼ 0.8%€-13k▼ 87.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €5k 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 €56k
Fixed assets
€14k▼ 24.7%
Current assets
€42k▲ 286%
Equity and liabilities €56k
Equity
€2k▼ 86.3%
Debt
€54k▲ 270%
The debt ratio rises from 48.8% to 96.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-8k▼
2023 · €10k
Cash flow
€-9k▼
2023 · €8k
Solvency
3.7%▼
2023 · 51.2%
Current ratio
0.82▼
2023 · 0.96
Quick ratio
0.81▼
2023 · 0.92
Debt / equity
25.82▲
2023 · 0.95
ROE
-631.2%▼
2023 · -46.2%
ROA
-23.5%▲
2023 · -23.6%
Interest coverage
-27.58▼
2023 · 5.76
Debt
€54k▲
2023 · €15k
Debt ≤ 1 year
€51k▲
2023 · €11k
Staff costs
€60k▲
2023 · €20k
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€30k€56k▲
Fixed assets21/28€19k€14k▼
Tangible fixed assets22/27€18k€13k▼
Plant, machinery and equipment23€158-
Leasing and similar rights25€13k€10k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€1k€1k=
Current assets29/58€11k€42k▲
Stocks and contracts in progress3€500€500=
Stocks30/36€500€500=
Amounts receivable within one year40/41€19€7k▲
Trade receivables40€19-
Other amounts receivable41-€7k
Cash at bank and in hand54/58€4k€28k▲
Deferred charges and accrued income490/1€6k€6k=
Equity and liabilities
Total equity and liabilities10/49€30k€56k▲
Equity10/15€15k€2k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14-€-13k
Amounts payable17/49€15k€54k▲
Amounts payable within one year42/48€11k€51k▲
Trade debts44€7k€20k▲
Suppliers440/4€7k€20k▲
Taxes, remuneration and social security45€5k€29k▲
Taxes450/3€4k€15k▲
Remuneration and social security454/9€447€13k▲
Other amounts payable47/48€6€2k▲
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20232024
Remuneration, social security and pensions62€20k€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€5k▼
Other operating charges640/8€185-
Gross operating margin9900€31k€51k▲
Operating profit (loss)9901€-5k€-13k▼
Financial charges65/66B€2k€299▼
Recurring financial charges65€2k€299▼
Profit (loss) for the period before taxes9903€-7k€-13k▼
Income taxes67/77€379-
Profit (loss) for the period9904€-7k€-13k▼
Profit (loss) for the period to be appropriated9905€-7k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-13k▼
Transfer from equity791/2€7k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
28-02
KBO administration
Strikeout withdrawn
14-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 198 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 562 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 899 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1256 days late
2024
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1579 days late
2023
09-03
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent · event 03-03-2023
2021
31-12
Financial
Highest result since 2018net €12k ▲28.7%
Operating result €17k, net result €12k, both a record.
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Berlare · 1 establishment unit since 2017
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.
Donklaan 2619290 BerlareGround area
202 m²
Building footprint
103 m²
Volume, LiDAR
567 m³
Parcel 42017B0321/00C000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sweetlake
since 20172.262.958.134
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017B0321/00C000 | Flanders | 202 m² | 1 · 103 m² | 7.2 m · 2 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 siteBerlare2.262.958.134
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 2,849 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-02-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
47242Retail sale of chocolate and confectionery
56220Contract catering and other food service activities
56290Food and beverage service activities
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.