WIMAR

Active

Private limited companyfounded 199333 yrs activeMinderbroedersstraat 9-11, 3500 Hasselt, BelgiumKBO/BCE: BE 0449.374.175

The computed 12-month bankruptcy probability of WIMAR is 1.5% (moderate). The 2024 annual accounts show equity of €274k and a net result of €28k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 2935 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

69 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability73▲+58

Solvency86▼-1

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €18k at 30 days acceptable

Liquidity ample (current ratio 2.93 against 3.03 in 2023; short-term debt: 28.2% and cash: 20.4% of total assets), and 39.3% of the assets are financed with debt.

How do we compute the score and the probability?

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

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 →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

29 d early

2023

26 d early

2022

31 d late

2021

23 d early

2020

17 d early

2019

31 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€274k▼ 21.4%

2023 · €349k

2018: €326k 2019: €350k 2020: €434k 2021: €449k 2022: €366k 2023: €349k

2018 → 2024

Total assets

€452k▼ 19.8%

2023 · €563k

2018: €546k 2019: €486k 2020: €495k 2021: €581k 2022: €519k 2023: €563k

2018 → 2024

Net result

€28k

2023 · €-17k

2018: €103k 2019: €53k 2020: €84k 2021: €65k 2022: €-54k 2023: €-17k

2018 → 2024

Working capital

€246k▼ 22.2%

2023 · €316k

2018: €218k 2019: €257k 2020: €361k 2021: €411k 2022: €342k 2023: €316k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€434k-€449k▲ 3.3%€366k▼ 18.5%€349k▼ 4.6%€274k▼ 21.4%

Operating result€90k-€76k▼ 16.1%€-63k€-22k▲ 66.0%€22k

Net result€84k-€65k▼ 22.4%€-54k€-17k▲ 69.1%€28k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €22k after a loss of €22k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €452k

17.4%

82.6%

Fixed assets €79k▼ 15.2%

Current assets €373k▼ 20.7%

Equity and liabilities €452k

60.7%

39.3%

Equity €274k▼ 21.4%

Debt €178k▼ 17.2%

The debt ratio rises from 38.1% to 39.3%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€42k▲

2023 · €-2k

Cash flow

€48k▲

2023 · €2k

Solvency

60.7%▼

2023 · 61.9%

Current ratio

2.93▼

2023 · 3.03

Quick ratio

2.81▼

2023 · 2.96

Debt / equity

0.65▲

2023 · 0.62

ROE

10.3%▲

2023 · -4.8%

ROA

6.2%▲

2023 · -3.0%

Interest coverage

5.56▲

2023 · -0.24

Debt

€178k▼

2023 · €215k

Debt ≤ 1 year

€128k▼

2023 · €155k

Debt > 1 year

€50k▼

2023 · €59k

Income taxes

€1k▲

2023 · €419

Staff costs

€385k▼

2023 · €410k

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€563k€452k▼

Fixed assets21/28€93k€79k▼

Tangible fixed assets22/27€92k€78k▼

Plant, machinery and equipment23€9k€11k▲

Furniture and vehicles24€32k€24k▼

Other tangible fixed assets26€51k€43k▼

Financial fixed assets28€320€320=

Current assets29/58€471k€373k▼

Amounts receivable after more than one year29€90k€0▼

Other amounts receivable291€90k€0▼

Stocks and contracts in progress3€12k€15k▲

Stocks30/36€12k€15k▲

Amounts receivable within one year40/41€253k€249k▼

Trade receivables40€20k€11k▼

Other amounts receivable41€233k€238k▲

Cash at bank and in hand54/58€98k€92k▼

Deferred charges and accrued income490/1€17k€17k▲

Equity and liabilities

Total equity and liabilities10/49€563k€452k▼

Equity10/15€349k€274k▼

Contributions10/11€30k€30k=

Reserves13€340k€244k▼

Non-distributable reserves130/1€3k€0▼

Reserves not available under the articles1311€3k€0▼

Distributable reserves133€337k€244k▼

Profit (loss) carried forward14€-21k€0▲

Amounts payable17/49€215k€178k▼

Amounts payable after more than one year17€59k€50k▼

Financial debts170/4€59k€50k▼

Amounts payable within one year42/48€155k€128k▼

Current portion of amounts payable after more than one year42€20k€9k▼

Trade debts44€41k€29k▼

Suppliers440/4€41k€29k▼

Advances received on contracts in progress46€3k€2k▼

Taxes, remuneration and social security45€91k€88k▼

Taxes450/3€33k€32k▼

Remuneration and social security454/9€58k€56k▼

Accrued charges and deferred income492/3€123€88▼

Income statement Code20232024

Remuneration, social security and pensions62€410k€385k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲

Other operating charges640/8€1k€1k▲

Non-recurring operating charges66A-€16k

Gross operating margin9900€409k€444k▲

Operating profit (loss)9901€-22k€22k▲

Financial income75/76B€15k€16k▲

Recurring financial income75€15k€16k▲

Financial charges65/66B€10k€8k▼

Recurring financial charges65€10k€8k▼

Profit (loss) for the period before taxes9903€-16k€30k▲

Income taxes67/77€419€1k▲

Profit (loss) for the period9904€-17k€28k▲

Profit (loss) for the period to be appropriated9905€-17k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-21k€7k▲

Profit (loss) brought forward from the previous period14P€-4k€-21k▼

Transfer from equity791/2€0€106k▲

Transfer to equity691/2-€10k

To other reserves6921-€10k

Profit to be distributed694/7€0€103k▲

Return on contributions (dividend)694€0€103k▲

Social balance

Average headcount (FTE)908711.910.4▼

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Back to profitnet €28k

Net result €28k after 2 loss-making years.

05-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 31 days late

2022

31-12

Financial Weakest financial yearnet €-54k ▼183%

Net result drops to €-54k, the lowest in the series; recovery starts the following year.

08-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

14-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-12

Financial Liquidity doublescurrent ratio 7.13

Current ratio from 2.98 to 7.13; short-term debt falls from €129k to €59k.

31-08

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 31 days late

2019

08-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

29-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

28-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Hasselt · 2 establishment units since 1993

establishment All 2 establishment units on the map

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.

Minderbroedersstraat 9-113500 Hasselt

Ground area

715 m²

Building footprint

389 m²

Volume, LiDAR

2,857 m³

2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

Bar Gustaf

Minderbroedersstraat 9 11, 3500 HasseltNACE 5530101

since 19932.061.125.680

Cy’an Thai

Minderbroedersstraat 13, 3500 HasseltFull-service restaurants

since 20252.374.115.184

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71022H1409/00E000	Flanders	484 m²	1 · 200 m²	11.6 m · 3 fl.
71022H1407/00N000	Flanders	231 m²	1 · 189 m²	13.1 m · 3 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 1,380 EUR awarded · 1,380 EUR paid

Year	Entries	awarded	paid
2022	1	1,380 EUR	1,380 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 1,380 EUR · 1,380 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

2 sites

Hasselt2.061.125.680

1 permission

Toelating · Eetgelegenheid · since 01-01-2006

Hasselt2.374.115.184

1 permission

Toelating · Eetgelegenheid · since 10-06-2025

Similar companies · same sector, comparable size

Huys54

BE 0454.668.296

Lichtervelde · Eq €274k

Bekkevoort · Eq €274k

Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 7,876 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-02-1993

Fiscal year end31-12

Activities, NACEBEL

55401

56101Full-service restaurants

56111Full-service restaurants

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.