The Old Fiddler
ActiveThe Old Fiddler has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €478k and a net result of €208k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 3619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
71
/ 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
Profitability96▲+5
Solvency75▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.02 in 2024; short-term debt: 30.8% and cash: 4% of total assets), and 49.8% 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 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
50.2%
Return on assets
21.9%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
15 d early
2023
16 d early
2022
14 d early
2021
9 d early
2020
8 d early
2019
11 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€478k▲ 8.7%
2024 · €440k
2018: €78k
2019: €84k
2020: €106k
2021: €264k
2022: €337k
2023: €403k
2024: €440k
2018 → 2025
Total assets
€951k▼ 4.8%
2024 · €1,000k
2018: €494k
2019: €480k
2020: €421k
2021: €1.09M
2022: €1.17M
2023: €1.09M
2024: €1,000k
2018 → 2025
Net result
€208k▲ 18.1%
2024 · €176k
2018: €56k
2019: €76k
2020: €52k
2021: €247k
2022: €183k
2023: €206k
2024: €176k
2018 → 2025
Working capital
€54k▲ 770%
2024 · €6k
2018: €-99k
2019: €-100k
2020: €-84k
2021: €-149k
2022: €-121k
2023: €-5k
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€264k-€337k▲ 27.7%€403k▲ 19.7%€440k▲ 9.0%€478k▲ 8.7%
Operating result€266k-€220k▼ 17.3%€255k▲ 15.7%€219k▼ 14.0%€247k▲ 12.9%
Net result€247k-€183k▼ 25.9%€206k▲ 12.8%€176k▼ 14.5%€208k▲ 18.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €951k
Fixed assets
€604k▼ 12.6%
Current assets
€348k▲ 12.6%
Equity and liabilities €951k
Equity
€478k▲ 8.7%
Debt
€473k▼ 15.5%
The debt ratio falls from 56.0% to 49.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€402k▲
2024 · €374k
Cash flow
€363k▲
2024 · €331k
Solvency
50.2%▲
2024 · 44.0%
Current ratio
1.19▲
2024 · 1.02
Quick ratio
1.09▲
2024 · 0.91
Debt / equity
0.99▼
2024 · 1.27
ROE
43.6%▲
2024 · 40.1%
ROA
21.9%▲
2024 · 17.7%
Interest coverage
58.71▲
2024 · 38.15
Debt
€473k▼
2024 · €560k
Debt ≤ 1 year
€293k▼
2024 · €302k
Debt > 1 year
€180k▼
2024 · €257k
Income taxes
€33k=
2024 · €33k
Staff costs
€217k▼
2024 · €247k
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€1,000k€951k▼
Fixed assets21/28€691k€604k▼
Tangible fixed assets22/27€691k€604k▼
Land and buildings22€503k€486k▼
Plant, machinery and equipment23€68k€53k▼
Furniture and vehicles24€115k€64k▼
Leasing and similar rights25€4k€905▼
Current assets29/58€309k€348k▲
Amounts receivable after more than one year29€130k€130k=
Other amounts receivable291€130k€130k=
Stocks and contracts in progress3€33k€29k▼
Stocks30/36€33k€29k▼
Amounts receivable within one year40/41€79k€147k▲
Trade receivables40€3k€9k▲
Other amounts receivable41€76k€138k▲
Cash at bank and in hand54/58€65k€38k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1,000k€951k▼
Equity10/15€440k€478k▲
Contributions10/11€35k€35k=
Reserves13€5k€5k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€400k€438k▲
Amounts payable17/49€560k€473k▼
Amounts payable after more than one year17€257k€180k▼
Financial debts170/4€257k€180k▼
Amounts payable within one year42/48€302k€293k▼
Current portion of amounts payable after more than one year42€82k€74k▼
Trade debts44€41k€13k▼
Suppliers440/4€41k€13k▼
Taxes, remuneration and social security45€31k€27k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€21k€21k▼
Other amounts payable47/48€148k€179k▲
Accrued charges and deferred income492/3€928€0▼
Income statement
Code20242025
Non-recurring operating income76A-€729
Remuneration, social security and pensions62€247k€217k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€155k€154k=
Other operating charges640/8€6k€6k▲
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€630k€625k▼
Operating profit (loss)9901€219k€247k▲
Financial income75/76B€612€1k▲
Recurring financial income75€612€1k▲
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€210k€242k▲
Income taxes67/77€33k€33k=
Profit (loss) for the period9904€176k€208k▲
Profit (loss) for the period to be appropriated9905€176k€208k▲
Appropriation of the result
Profit (loss) to be appropriated9906€540k€608k▲
Profit (loss) brought forward from the previous period14P€364k€400k▲
Profit to be distributed694/7€140k€170k▲
Return on contributions (dividend)694€60k€60k=
Directors or managers695€80k€110k▲
Social balance
Average headcount (FTE)90875.24.4▼
The notes to these accounts (20 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €247k ▲375%
Operating result €266k, net result €247k, both a record.
31-12
Financial
Equity above €200kEq €264k ▲148%
4 profitable years in a row build equity to €264k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €52k ▼31.4%
Net result drops to €52k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €106k ▲26.1%
3 profitable years in a row build equity to €106k.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Poperinge · 1 establishment unit since 2005
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.
Veurnestraat 98970 PoperingeGround area
825 m²
Building footprint
385 m²
Volume, LiDAR
2,757 m³
Parcel 33021F0239/00E000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
THE OLD FIDDLER
since 20052.147.044.718
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021F0239/00E000 | Flanders | 825 m² | 1 · 385 m² | 11.9 m · 3 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 sitePoperinge2.147.044.718
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 6,426 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2005
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56111Full-service restaurants
55522
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.