YEREVAN

Active

Private limited companyfounded 201511 yrs activeStalingradlaan 2, 1000 Brussel, BelgiumKBO/BCE: BE 0612.978.830

The computed 12-month bankruptcy probability of YEREVAN is 4.0% (moderate). The 2024 annual accounts show equity of €43k and a net result of €-8k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 91% of 18941 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

52 / 100

Fair

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

Axes · tick = 2023

Profitability9▼-82

Solvency100=

Growth32▼-30

Track record100

Bankruptcy probability, 12 months

4.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity ample (current ratio 4.98 against 31.68 in 2023; short-term debt: 19.1% and cash: 19.2% of total assets), and 19.1% 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

Six 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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

80.9%

Return on assets

-15.2%

Age of the figures

20 mo

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

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

45 d early

2023

51 d early

2022

30 d late

2021

31 d late

2020

25 d early

2019

14 d early

← 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, micro schema

Turnover

€202k▼ 1.4%

2023 · €205k

2018: €211k 2019: €206k 2020: €86k 2022: €145k 2023: €205k

2018 → 2024

EBIT margin

-5.0%▼ 13.7pp

2023 · 8.7%

2018: 5.9% 2019: 0.1% 2020: 8.9% 2022: -9.8% 2023: 8.7%

2018 → 2024

Net result

€-8k

2023 · €18k

2018: €8k 2019: €487 2020: €8k 2021: €7k 2022: €-14k 2023: €18k

2018 → 2024

Working capital

€41k▼ 8.1%

2023 · €44k

2018: €-3k 2019: €1k 2020: €11k 2021: €23k 2022: €17k 2023: €44k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€86k-€145k€205k▲ 41.4%€202k▼ 1.4%

Equity€46k-€53k▲ 15.1%€39k▼ 26.8%€56k▲ 45.6%€43k▼ 23.3%

Operating result€8k-€6k▼ 19.2%€-14k€18k€-10k

Net result€8k-€7k▼ 10.9%€-14k€18k€-8k

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €10k after €18k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €53k

95.2%

Fixed assets €3k▼ 78.9%

Current assets €51k▲ 11.4%

Equity and liabilities €53k

80.9%

19.1%

Equity €43k▼ 23.3%

Debt €10k▲ 608%

The debt ratio rises from 2.5% to 19.1%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-611▼

2023 · €27k

Cash flow

€1k▼

2023 · €27k

Solvency

80.9%▼

2023 · 97.5%

Current ratio

4.98▼

2023 · 31.68

Quick ratio

4.77▼

2023 · 30.17

Debt / equity

0.24▲

2023 · 0.03

ROE

-18.8%▼

2023 · 31.3%

ROA

-15.2%▼

2023 · 30.5%

Debt

€10k▲

2023 · €1k

Debt ≤ 1 year

€10k▲

2023 · €1k

Staff costs

€163▼

2023 · €349

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€58k€53k▼

Fixed assets21/28€12k€3k▼

Intangible fixed assets21€1k€250▼

Tangible fixed assets22/27€11k€2k▼

Plant, machinery and equipment23€10k€2k▼

Furniture and vehicles24€471€94▼

Financial fixed assets28€160€160=

Current assets29/58€46k€51k▲

Stocks and contracts in progress3€2k€2k=

Stocks30/36€2k€2k=

Amounts receivable within one year40/41€30k€38k▲

Other amounts receivable41€30k€38k▲

Cash at bank and in hand54/58€13k€10k▼

Equity and liabilities

Total equity and liabilities10/49€58k€53k▼

Equity10/15€56k€43k▼

Contributions10/11€30k€30k=

Reserves13€18k€13k▼

Non-distributable reserves130/1€3k€3k=

Reserves not available under the articles1311€3k€3k=

Distributable reserves133€15k€10k▼

Profit (loss) carried forward14€8k€160▼

Amounts payable17/49€1k€10k▲

Amounts payable within one year42/48€1k€10k▲

Trade debts44-€9k

Suppliers440/4-€9k

Taxes, remuneration and social security45€1k€1k▼

Taxes450/3€1k€1k▼

Income statement Code20232024

Turnover70€205k€202k▼

Non-recurring operating income76A-€13k

Goods, raw materials, services and sundry goods60/61€180k€214k▲

Remuneration, social security and pensions62€349€163▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=

Other operating charges640/8-€2k

Non-recurring operating charges66A-€10

Gross operating margin9900€28k€2k▼

Operating profit (loss)9901€18k€-10k▼

Financial income75/76B€977€2k▲

Recurring financial income75€977€2k▲

Financial charges65/66B€145-

Recurring financial charges65€145-

Profit (loss) for the period before taxes9903€19k€-8k▼

Income taxes67/77€1k-

Profit (loss) for the period9904€18k€-8k▼

Profit (loss) for the period to be appropriated9905€18k€-8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€18k€160▼

Profit (loss) brought forward from the previous period14P€633€8k▲

Transfer to equity691/2€10k-

To other reserves6921€10k-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 3Filings 9

2025

16-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

10-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €18k

Net result €18k after one loss-making year.

31-12

Financial Liquidity times 8current ratio 31.68

Current ratio from 4.03 to 31.68; short-term debt falls from €6k to €1k.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

31-12

Financial Weakest financial yearnet €-14k ▼304%

Net result drops to €-14k, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

06-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

17-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

08-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 8 days late

2018

08-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 8 days late

2017

11-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

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, Brussel · 1 establishment unit since 2015

establishment The establishment unit 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.

Stalingradlaan 21000 Brussel

Ground area

78 m²

Building footprint

84 m²

Volume, LiDAR

1,451 m³

Parcel 21809K0136/02G000, Brussels · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

YEREVAN

Stalingradlaan 2, 1000 BrusselFull-service restaurants

since 20152.240.673.175

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21809K0136/02G000	Brussels	78 m²	1 · 84 m²	20.9 m · 6 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 site

Brussel2.240.673.175

1 permission

Drankgelegenheid · since 24-11-2021

Similar companies · same sector, comparable size

CL-GROUP

BE 1020.440.988

Blankenberge · Eq €43k

Sint-Lambrechts-Woluwe · Eq €43k

SUSHI TOKYO

BE 0732.553.403

Jette · Eq €43k

DE LA TERRE A L'ASSIETTE

BE 0788.998.592

Arlon · Eq €43k

Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,767 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-03-2015

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.