UMBERTO
ActiveSummary
The computed 12-month bankruptcy probability of UMBERTO is 2.4% (moderate). The 2024 annual accounts show equity of €130k and a net result of €-2k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 36% of 18941 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-29
Solvency37▼-41
Growth52=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.41 against 1.19 in 2023; short-term debt: 30.4% and cash: 6.1% of total assets), and 88% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
12%
Return on assets
-0.2%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
12 d early
2022
7 d early
2021
26 d early
2020
18 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€130k▼ 1.8%
2023 · €133k
2019: €81k
2020: €46k
2021: €53k
2022: €104k
2023: €133k
2019 → 2024
Total assets
€1.09M▲ 331%
2023 · €253k
2019: €225k
2020: €162k
2021: €172k
2022: €222k
2023: €253k
2019 → 2024
Net result
€-2k
2023 · €28k
2019: €61k
2020: €-35k
2021: €7k
2022: €52k
2023: €28k
2019 → 2024
Working capital
€-197k
2023 · €23k
2019: €-9k
2020: €-33k
2021: €-20k
2022: €2k
2023: €23k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€46k-€53k▲ 15.0%€104k▲ 97.5%€133k▲ 27.0%€130k▼ 1.8%
Operating result€-32k-€10k€58k▲ 467%€38k▼ 34.9%€10k▼ 74.4%
Net result€-35k-€7k€52k▲ 648%€28k▼ 45.3%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 74% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.09M
Fixed assets
€954k ▲ 745%
Current assets
€134k ▼ 4.0%
Equity and liabilities €1.09M
Equity
€130k ▼ 1.8%
Debt
€958k ▲ 699%
Debt's share of the balance-sheet total rises from 47.5% to 88.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€47k▼
2023 · €66k
Cash flow
€35k▼
2023 · €56k
Current ratio
0.41▼
2023 · 1.19
Quick ratio
0.39▼
2023 · 1.15
Debt to equity
7.35▲
2023 · 0.90
ROE
-1.8%▼
2023 · 21.3%
ROA
-0.2%▼
2023 · 11.2%
Interest coverage
4.21▼
2023 · 10.61
Debt ≤ 1 year
€331k▲
2023 · €117k
Debt > 1 year
€627k
Income taxes
€1k▼
2023 · €5k
Staff costs
€257k▲
2023 · €231k
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 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€253k€1.09M▲
Fixed assets21/28€113k€954k▲
Intangible fixed assets21€79k€62k▼
Tangible fixed assets22/27€34k€892k▲
Land and buildings22€9k€875k▲
Plant, machinery and equipment23€18k€13k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€1k€1k▼
Current assets29/58€140k€134k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€28k€60k▲
Trade receivables40€25k€58k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€106k€66k▼
Deferred charges and accrued income490/1€398€2k▲
Equity and liabilities
Total equity and liabilities10/49€253k€1.09M▲
Equity10/15€133k€130k▼
Contributions10/11€20k€20k=
Reserves13€61k€61k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€52k€49k▼
Amounts payable17/49€120k€958k▲
Amounts payable after more than one year17-€627k
Financial debts170/4-€627k
Amounts payable within one year42/48€117k€331k▲
Current portion of amounts payable after more than one year42€27k€36k▲
Trade debts44€39k€65k▲
Suppliers440/4€39k€65k▲
Advances received on contracts in progress46€698€698=
Taxes, remuneration and social security45€34k€33k▼
Taxes450/3€17k€19k▲
Remuneration and social security454/9€18k€15k▼
Other amounts payable47/48€15k€196k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Remuneration, social security and pensions62€231k€257k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€37k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€32k
Other operating charges640/8€2k€2k▼
Gross operating margin9900€299k€338k▲
Operating profit (loss)9901€38k€10k▼
Financial income75/76B€2k€191▼
Recurring financial income75€2k€191▼
Financial charges65/66B€6k€11k▲
Recurring financial charges65€6k€11k▲
Profit (loss) for the period before taxes9903€33k€-1k▼
Income taxes67/77€5k€1k▼
Profit (loss) for the period9904€28k€-2k▼
Profit (loss) for the period to be appropriated9905€28k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€49k▼
Profit (loss) brought forward from the previous period14P€23k€52k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €104k ▲97.5%
2 profitable years in a row build equity to €104k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-35k ▼157%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brugge · 1 establishment unit since 2018
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.
Prinses Lilianelaan 108310 BruggeGround area
945 m²
Building footprint
366 m²
Volume, LiDAR
4,308 m³
2 parcels, Flanders · tallest building 23.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Benevenuto
since 20182.278.796.749
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31434C0203/00H003 | Flanders | 739 m² | 1 · 159 m² | 7.5 m · 2 fl. |
| 31804D0485/00E000 | Flanders | 206 m² | 1 · 207 m² | 23.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.278.796.749
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,255 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
Founded27-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.