Tea & Lunch Georges
ActiveThe computed 12-month bankruptcy probability of Tea & Lunch Georges is 1.5% (moderate). The 2025 annual accounts show equity of €120k and a net result of €66k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 13270 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+9
Solvency59▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.01 in 2024; short-term debt: 38.7% and cash: 34.6% of total assets), and 65.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.1%
Return on assets
18.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
on the day
2023
29 d late
2022
29 d late
2021
30 d late
2020
1 d early
2019
31 d early
← 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 35.0%
2024 · €89k
2018: €61k
2019: €64k
2020: €18k
2021: €56k
2022: €70k
2023: €48k
2024: €89k
2018 → 2025
Total assets
€350k▲ 1.5%
2024 · €345k
2018: €418k
2019: €335k
2020: €230k
2021: €442k
2022: €409k
2023: €379k
2024: €345k
2018 → 2025
Net result
€66k▲ 63.7%
2024 · €40k
2018: €41k
2019: €4k
2020: €-47k
2021: €38k
2022: €15k
2023: €-2k
2024: €40k
2018 → 2025
Working capital
€23k▲ 1,477%
2024 · €1k
2018: €-2k
2019: €13k
2020: €14k
2021: €45k
2022: €31k
2023: €-7k
2024: €1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€70k▲ 26.1%€48k▼ 31.3%€89k▲ 83.5%€120k▲ 35.0%
Operating result€45k-€20k▼ 54.8%€3k▼ 86.4%€48k▲ 1,657%€77k▲ 61.0%
Net result€38k-€15k▼ 61.9%€-2k€40k€66k▲ 63.7%
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 2023 the operating result has climbed two years in a row; 2025 is 61% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €350k
Fixed assets
€192k▼ 16.2%
Current assets
€159k▲ 36.4%
Equity and liabilities €350k
Equity
€120k▲ 35.0%
Debt
€231k▼ 10.0%
The debt ratio falls from 74.3% to 65.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€130k▲
2024 · €111k
Cash flow
€119k▲
2024 · €104k
Solvency
34.1%▲
2024 · 25.7%
Current ratio
1.17▲
2024 · 1.01
Quick ratio
0.97▲
2024 · 0.89
Debt / equity
1.93▼
2024 · 2.89
ROE
55.2%▲
2024 · 45.5%
ROA
18.8%▲
2024 · 11.7%
Interest coverage
37.49▲
2024 · 28.55
Debt
€231k▼
2024 · €256k
Debt ≤ 1 year
€136k▲
2024 · €115k
Debt > 1 year
€88k▼
2024 · €138k
Income taxes
€8k▲
2024 · €4k
Staff costs
€220k▲
2024 · €210k
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€345k€350k▲
Fixed assets21/28€229k€192k▼
Intangible fixed assets21€10k€5k▼
Tangible fixed assets22/27€218k€185k▼
Plant, machinery and equipment23€30k€25k▼
Furniture and vehicles24€38k€28k▼
Other tangible fixed assets26€150k€132k▼
Financial fixed assets28€700€700=
Current assets29/58€116k€159k▲
Stocks and contracts in progress3€15k€28k▲
Stocks30/36€15k€28k▲
Amounts receivable within one year40/41€1k€2k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€83k€121k▲
Deferred charges and accrued income490/1€18k€8k▼
Equity and liabilities
Total equity and liabilities10/49€345k€350k▲
Equity10/15€89k€120k▲
Reserves13€88k€113k▲
Tax-exempt reserves132€2k€2k=
Distributable reserves133€86k€111k▲
Profit (loss) carried forward14€596€7k▲
Amounts payable17/49€256k€231k▼
Amounts payable after more than one year17€138k€88k▼
Financial debts170/4€138k€88k▼
Amounts payable within one year42/48€115k€136k▲
Current portion of amounts payable after more than one year42€49k€49k▲
Trade debts44€27k€14k▼
Suppliers440/4€27k€14k▼
Taxes, remuneration and social security45€34k€43k▲
Taxes450/3€8k€14k▲
Remuneration and social security454/9€26k€29k▲
Other amounts payable47/48€4k€29k▲
Accrued charges and deferred income492/3€4k€7k▲
Income statement
Code20242025
Remuneration, social security and pensions62€210k€220k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€53k▼
Other operating charges640/8€15k€14k▼
Non-recurring operating charges66A€2k€3k▲
Gross operating margin9900€338k€367k▲
Operating profit (loss)9901€48k€77k▲
Financial income75/76B-€17
Recurring financial income75-€17
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€44k€74k▲
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€40k€66k▲
Profit (loss) for the period to be appropriated9905€40k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€67k▲
Profit (loss) brought forward from the previous period14P€-2k€596▲
Transfer from equity791/2-€35k
Transfer to equity691/2€38k€60k▲
To other reserves6921€38k€60k▲
Profit to be distributed694/7-€35k
Return on contributions (dividend)694-€35k
The notes to these accounts (9 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €66k ▲63.7%
Operating result €77k, net result €66k, both a record.
31-12
Financial
Equity above €100kEq €120k ▲35%
2 profitable years in a row build equity to €120k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-47k ▼1432%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial 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, Oostende · 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.
Adolf Buylstraat 158400 OostendeGround area
145 m²
Building footprint
144 m²
Volume, LiDAR
1,784 m³
Parcel 35013A0065/00R000, Flanders · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Tea & Lunch Georges
since 20172.261.563.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0065/00R000 | Flanders | 145 m² | 1 · 144 m² | 16.2 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 46,183 EUR awarded · 46,183 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 8,837 EUR | 8,837 EUR |
| 2024 | 1 | 12,477 EUR | 12,477 EUR |
| 2023 | 2 | 14,278 EUR | 14,278 EUR |
| 2022 | 2 | 10,591 EUR | 10,591 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.261.563.215
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,365 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.
Contact details
2 entriesE-mail:francoissven@gmail.com
Phone:059 70 29 25