THE TREASURE POT
ActiveSummary
THE TREASURE POT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €128k and a net result of €74k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 74% of 18941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+9
Solvency82▲+16
Growth76▲+2
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 1.64 in 2023; short-term debt: 42.8% and cash: 92.6% of total assets), and 42.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €128k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-10-2025, 80 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
80 d late
2023
57 d late
2022
122 d late
2021
31 d late
2020
92 d late
2019
121 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€389k▲ 20.6%
2023 · €322k
2018: €199k
2019: €248k
2020: €147k
2021: €178k
2022: €287k
2023: €322k
2018 → 2024
EBIT margin
26.4%▲ 13.8pp
2023 · 12.7%
2018: -18.3%
2019: 11.9%
2020: -25.8%
2021: 8.8%
2022: 11.9%
2023: 12.7%
2018 → 2024
Net result
€74k▲ 120%
2023 · €33k
2018: €-39k
2019: €27k
2020: €-43k
2021: €13k
2022: €34k
2023: €33k
2018 → 2024
Working capital
€117k▲ 134%
2023 · €50k
2018: €-23k
2019: €14k
2020: €-28k
2021: €-17k
2022: €15k
2023: €50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€147k-€178k▲ 21.3%€287k▲ 61.0%€322k▲ 12.3%€389k▲ 20.6%
Equity€-25k-€-13k▲ 50.6%€21k€55k▲ 157%€128k▲ 134%
Operating result€-38k-€16k€34k▲ 116%€41k▲ 19.7%€103k▲ 152%
Net result€-43k-€13k€34k▲ 164%€33k▼ 1.2%€74k▲ 120%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 152% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €225k
Fixed assets
€11k ▲ 100%
Current assets
€213k ▲ 66.5%
Equity and liabilities €225k
Equity
€128k ▲ 134%
Debt
€96k ▲ 21.8%
Debt's share of the balance-sheet total falls from 59.1% to 42.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€107k▲
2023 · €43k
Cash flow
€78k▲
2023 · €36k
Current ratio
2.22▲
2023 · 1.64
Quick ratio
2.20▲
2023 · 1.63
Debt to equity
0.75▼
2023 · 1.44
ROE
57.4%▼
2023 · 61.1%
ROA
32.8%▲
2023 · 25.0%
Interest coverage
95.72▲
2023 · 26.47
Debt ≤ 1 year
€96k▲
2023 · €78k
Income taxes
€28k▲
2023 · €6k
Staff costs
€64k▲
2023 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€134k€225k▲
Fixed assets21/28€6k€11k▲
Tangible fixed assets22/27€6k€11k▲
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€2k€7k▲
Furniture and vehicles24€713€2k▲
Current assets29/58€128k€213k▲
Stocks and contracts in progress3€990€1k▲
Stocks30/36€990€1k▲
Amounts receivable within one year40/41€17k€4k▼
Trade receivables40€15k€4k▼
Other amounts receivable41€3k-
Cash at bank and in hand54/58€110k€208k▲
Equity and liabilities
Total equity and liabilities10/49€134k€225k▲
Equity10/15€55k€128k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Other1319-€2k
Profit (loss) carried forward14€34k€108k▲
Amounts payable17/49€79k€96k▲
Amounts payable within one year42/48€78k€96k▲
Financial debts43€236€114▼
Credit institutions430/8€236€114▼
Trade debts44€16k€9k▼
Suppliers440/4€16k€9k▼
Taxes, remuneration and social security45€41k€66k▲
Taxes450/3€13k€38k▲
Remuneration and social security454/9€28k€28k▼
Other amounts payable47/48€21k€21k=
Accrued charges and deferred income492/3€855-
Income statement
Code20232024
Turnover70€322k€389k▲
Goods, raw materials, services and sundry goods60/61€226k€225k▼
Remuneration, social security and pensions62€61k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€913€1k▲
Gross operating margin9900€104k€172k▲
Operating profit (loss)9901€41k€103k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€39k€102k▲
Income taxes67/77€6k€28k▲
Profit (loss) for the period9904€33k€74k▲
Profit (loss) for the period to be appropriated9905€33k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€108k▲
Profit (loss) brought forward from the previous period14P€871€34k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 80 days late
2024
31-12
Financial
Highest result since 2018net €74k ▲120%
Operating result €103k, net result €74k, both a record.
31-12
Financial
Equity above €100kEq €128k ▲134%
4 profitable years in a row build equity to €128k.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
31-12
Financial
Weakest financial yearnet €-43k ▼258%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.23
Current ratio from 0.30 to 1.23.
Show earlier events
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 84 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
10-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Stabroek · 1 establishment unit since 2006
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.
Dorpsstraat 862940 StabroekGround area
520 m²
Building footprint
444 m²
Volume, LiDAR
1,917 m³
Parcel 11044C0295/00P000, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
The Treasure Pot
since 20062.151.011.622
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11044C0295/00P000 | Flanders | 520 m² | 1 · 444 m² | 10.4 m · 1 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 siteStabroek2.151.011.622
Similar companies · same sector, comparable size
PIZZERIA ROMEO E GIULIETTA
BE 0760.929.168
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Miss MAKI
BE 0717.708.245
Namur · Eq €128,405
BAST
BE 0777.319.594
Bornem · Eq €128,397
NYDE
BE 0696.925.994
Heers · Eq €128,379
LA GRANDE PLACE
BE 0870.303.893
Zonnebeke · Eq €128,367
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,275 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/510711