VAN RAEMDONCK
ActiveThe computed 12-month bankruptcy probability of VAN RAEMDONCK is 2.2% (moderate). The 2024 annual accounts show negative equity (€-154k) and a net result of €-4k. Equity is shrinking by ~53.8% per year across the filed fiscal years. Its solvency ranks better than 17% of 18938 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
13
/ 100
Critical▼ -2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-86
Solvency38▲+5
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.19 in 2023), and equity is negative.
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 →
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
-35.7%
Return on assets
-1%
Age of the figures
20 mo
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
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€154k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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
82 d late
2023
72 d late
2022
95 d late
2021
96 d late
2020
144 d late
2019
175 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-154k▼ 2.8%
2023 · €-150k
2018: €89k
2019: €70k
2020: €67k
2021: €13k
2022: €-89k
2023: €-150k
2018 → 2024
Total assets
€432k▲ 45.7%
2023 · €296k
2018: €321k
2019: €333k
2020: €208k
2021: €227k
2022: €247k
2023: €296k
2018 → 2024
Net result
€-4k▲ 93.2%
2023 · €-61k
2018: €-8k
2019: €-19k
2020: €-3k
2021: €-54k
2022: €-101k
2023: €-61k
2018 → 2024
Working capital
€-101k▲ 66.5%
2023 · €-303k
2018: €-60k
2019: €-62k
2020: €-66k
2021: €-115k
2022: €-241k
2023: €-303k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€67k-€13k▼ 81.1%€-89k€-150k▼ 69.1%€-154k▼ 2.8%
Operating result€8k-€-41k€-82k▼ 101%€-33k▲ 59.9%€61k
Net result€-3k-€-54k▼ 1,532%€-101k▼ 87.0%€-61k▲ 39.5%€-4k▲ 93.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €61k after a loss of €33k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €432k
Fixed assets
€203k▼ 9.8%
Current assets
€229k▲ 222%
Key figures and ratios
EBITDA
€83k▲
2023 · €-13k
Cash flow
€18k▲
2023 · €-41k
Solvency
-35.7%▲
2023 · -50.7%
Current ratio
0.69▲
2023 · 0.19
Quick ratio
0.66▲
2023 · 0.16
Debt / equity
-3.80▼
2023 · -2.97
ROE
2.7%▼
2023 · 40.9%
ROA
-1.0%▲
2023 · -20.7%
Interest coverage
1.28▲
2023 · -0.50
Debt
€586k▲
2023 · €446k
Debt ≤ 1 year
€330k▼
2023 · €374k
Debt > 1 year
€252k▲
2023 · €73k
Income taxes
€513▼
2023 · €2k
Staff costs
€212k▼
2023 · €320k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€296k€432k▲
Fixed assets21/28€225k€203k▼
Intangible fixed assets21€49k€43k▼
Tangible fixed assets22/27€176k€159k▼
Plant, machinery and equipment23€18k€13k▼
Furniture and vehicles24€28k€20k▼
Other tangible fixed assets26€129k€126k▼
Financial fixed assets28€100€100=
Current assets29/58€71k€229k▲
Stocks and contracts in progress3€11k€11k=
Stocks30/36€11k€11k=
Amounts receivable within one year40/41€53k€211k▲
Trade receivables40€44k€147k▲
Other amounts receivable41€8k€64k▲
Cash at bank and in hand54/58€6k€6k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€296k€432k▲
Equity10/15€-150k€-154k▼
Contributions10/11€19k€19k=
Reserves13€79k€79k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€77k€77k=
Profit (loss) carried forward14€-247k€-251k▼
Amounts payable17/49€446k€586k▲
Amounts payable after more than one year17€73k€252k▲
Financial debts170/4€73k€252k▲
Amounts payable within one year42/48€374k€330k▼
Current portion of amounts payable after more than one year42€36k€38k▲
Financial debts43€28k€33k▲
Credit institutions430/8€28k€33k▲
Trade debts44€217k€168k▼
Suppliers440/4€217k€168k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€93k€91k▼
Taxes450/3€60k€73k▲
Remuneration and social security454/9€33k€19k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Remuneration, social security and pensions62€320k€212k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k▲
Other operating charges640/8€18k€16k▼
Gross operating margin9900€325k€312k▼
Operating profit (loss)9901€-33k€61k▲
Financial income75/76B€193€41▼
Recurring financial income75€193€41▼
Financial charges65/66B€26k€65k▲
Recurring financial charges65€26k€65k▲
Profit (loss) for the period before taxes9903€-59k€-4k▲
Income taxes67/77€2k€513▼
Profit (loss) for the period9904€-61k€-4k▲
Profit (loss) for the period to be appropriated9905€-61k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-247k€-251k▼
Profit (loss) brought forward from the previous period14P€-186k€-247k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 82 days late
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 72 days late
2023
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 95 days late
2022
31-12
Financial
Weakest financial yearnet €-101k
Net result drops to €-101k, the lowest in the series; recovery starts the following year.
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 96 days late
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 175 days late
2019
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 79 days late
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 65 days late
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, Nieuwpoort · 1 establishment unit since 2004
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.
Zeedijk 308620 NieuwpoortGround area
230 m²
Building footprint
281 m²
Volume, LiDAR
7,511 m³
Parcel 38402D0009/00R000, Flanders · tallest building 42.5 m, ±13 floors. Linked by address, not a title deed.
1 establishment unit
DE KRONE
since 20042.138.898.894
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0009/00R000 | Flanders | 230 m² | 1 · 281 m² | 42.5 m · 13 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.
Similar companies · same sector, comparable size
G C
BE 0872.882.709
Blankenberge · Eq €13k
ALMUNEER
BE 0630.748.933
Stekene · Eq €13k
DENVER
BE 0437.312.226
Meise · Eq €13k
SSL FISH
BE 0675.989.733
Schaarbeek · Eq €13k
PRESTIGE BAR
BE 0545.761.491
Etterbeek · Eq €13k
Of 20,231 companies in sector 56111 we hold annual accounts for 11,311. 7,606 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-07-2004
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.