Thirteen BV
ActiveThe computed 12-month bankruptcy probability of Thirteen BV is 1.5% (moderate). The 2025 annual accounts show equity of €138k and a net result of €46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 13044 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency45▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 3.56 in 2024), but 82.2% 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
17.8%
Return on assets
6%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
9 d late
2023
177 d late
2022
94 d early
2021
8 d early
2020
4 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€138k▲ 50.3%
2024 · €92k
2018: €61k
2019: €71k
2020: €115k
2021: €52k
2022: €26k
2023: €-16k
2024: €92k
2018 → 2025
Total assets
€772k=
2024 · €772k
2018: €255k
2019: €809k
2020: €795k
2021: €771k
2022: €722k
2023: €687k
2024: €772k
2018 → 2025
Net result
€46k▼ 57.2%
2024 · €108k
2018: €24k
2019: €10k
2020: €44k
2021: €50k
2022: €-25k
2023: €-43k
2024: €108k
2018 → 2025
Working capital
€148k▲ 36.3%
2024 · €109k
2018: €-63k
2019: €-80k
2020: €-50k
2021: €-110k
2022: €-163k
2023: €77k
2024: €109k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€26k▼ 48.9%€-16k€92k€138k▲ 50.3%
Operating result€64k-€-11k€-32k▼ 182%€122k€73k▼ 40.0%
Net result€50k-€-25k€-43k▼ 68.4%€108k€46k▼ 57.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €772k
Fixed assets
€543k▼ 12.5%
Current assets
€229k▲ 51.2%
Equity and liabilities €772k
Equity
€138k▲ 50.3%
Debt
€635k▼ 6.7%
The debt ratio falls from 88.1% to 82.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€96k▼
2024 · €165k
Cash flow
€68k▼
2024 · €150k
Solvency
17.8%▲
2024 · 11.9%
Current ratio
2.85▼
2024 · 3.56
Quick ratio
2.85▼
2024 · 3.56
Debt / equity
4.61▼
2024 · 7.43
ROE
33.5%▼
2024 · 117.6%
ROA
6.0%▼
2024 · 14.0%
Interest coverage
9.61▼
2024 · 22.70
Debt
€635k▼
2024 · €680k
Debt ≤ 1 year
€80k▲
2024 · €42k
Debt > 1 year
€554k▼
2024 · €638k
Income taxes
€17k▲
2024 · €7k
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€772k€772k=
Fixed assets21/28€621k€543k▼
Tangible fixed assets22/27€621k€543k▼
Land and buildings22€581k€530k▼
Plant, machinery and equipment23€14k€7k▼
Furniture and vehicles24€15k-
Leasing and similar rights25€10k€6k▼
Current assets29/58€151k€229k▲
Amounts receivable within one year40/41€150k€224k▲
Trade receivables40€53k€63k▲
Other amounts receivable41€97k€161k▲
Cash at bank and in hand54/58€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€772k€772k=
Equity10/15€92k€138k▲
Contributions10/11€50k€50k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€40k€86k▲
Amounts payable17/49€680k€635k▼
Amounts payable after more than one year17€638k€554k▼
Financial debts170/4€388k€304k▼
Other amounts payable178/9€250k€250k=
Amounts payable within one year42/48€42k€80k▲
Current portion of amounts payable after more than one year42-€41k
Trade debts44€17k€10k▼
Suppliers440/4€17k€10k▼
Taxes, remuneration and social security45€7k€25k▲
Taxes450/3€7k€25k▲
Other amounts payable47/48€18k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€102-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€22k▼
Other operating charges640/8€5k€64k▲
Gross operating margin9900€170k€160k▼
Operating profit (loss)9901€122k€73k▼
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€115k€63k▼
Income taxes67/77€7k€17k▲
Profit (loss) for the period9904€108k€46k▼
Profit (loss) for the period to be appropriated9905€108k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€86k▲
Profit (loss) brought forward from the previous period14P€-68k€40k▲
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €100kEq €138k ▲50.3%
2 profitable years in a row build equity to €138k.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 9 days late
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 177 days late
30-09
Financial
Back to profitnet €108k
Net result €108k after 2 loss-making years.
2023
30-09
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 21current ratio 7.64
Current ratio from 0.36 to 7.64; short-term debt falls from €254k to €12k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €100kEq €115k ▲61.8%
3 profitable years in a row build equity to €115k.
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
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.
21-12-2022
Bekaert Ken: Resigned as Director
21-12-2022
Bekaert Tom: Resigned as Director
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2016
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.
Nauwstraat 122800 MechelenGround area
252 m²
Building footprint
67 m²
Volume, LiDAR
509 m³
Parcel 12025E0621/00B000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nauwstraat 12, 2800 Mechelen
since 20162.255.582.966
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025E0621/00B000 | Flanders | 252 m² | 1 · 67 m² | 11.8 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Mommies
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2016
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.