13°
ActiveSummary
The computed 12-month bankruptcy probability of 13° is 3.9% (moderate). The 2024 annual accounts show equity of €37,113 and a net result of -€5,030. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 18930 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
How big
€141,883total assets 2024
- Staff
- 15.8 FTE
- Equity
- €37,113
- Loss
- -€5,030
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 35- Higher-failure-rate sector- Higher-failure-rate region- Annual accounts: weaker financial profile+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability19▼-39
Solvency51▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.34 against 1.63 in 2023; short-term debt: 73.8% and cash: 12.1% of total assets), and 73.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
26.2%
Return on assets
-3.5%
Age of the figures
21 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
27 d late
2023
232 d late
2022
67 d late
2021
26 d late
2020
31 d late
2019
102 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 81 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Financials
Fiscal year 2024Total assets €141,883Loss -€5,030Solvency 26.2%Liquidity 1.34
Total assets
€141,883▲ 34.1%
2018 - 2024
Net result
-€5,030
2018 - 2024
Equity
€37,113▼ 11.9%
2018 - 2024
Staff (FTE)
15.8▼ 16.4%
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€15,030€24,149€494▼ 98.0%€15,376▲ 3,010%€3,240▼ 78.9%
Net result-€19,305below the sector's middle half€23,866within the sector's middle half€1,913within the sector's middle half▼ 92.0%€7,001within the sector's middle half▲ 266%-€5,030below the sector's middle half
Equity€9,364within the sector's middle half▼ 67.3%€33,229within the sector's middle half▲ 255%€35,143within the sector's middle half▲ 5.8%€42,144within the sector's middle half▲ 19.9%€37,113within the sector's middle half▼ 11.9%
Total assets€101,548within the sector's middle half▼ 27.2%€114,099within the sector's middle half▲ 12.4%€139,823within the sector's middle half▲ 22.5%€105,811within the sector's middle half▼ 24.3%€141,883within the sector's middle half▲ 34.1%
Debt€92,185▼ 16.9%€80,870▼ 12.3%€104,681▲ 29.4%€63,668▼ 39.2%€104,770▲ 64.6%
Working capital-€481within the sector's middle half€26,397within the sector's middle half€32,686within the sector's middle half▲ 23.8%€39,895above the sector's middle half▲ 22.1%€35,757within the sector's middle half▼ 10.4%
Solvency9.2%within the sector's middle half▼ 11.3pp29.1%within the sector's middle half▲ 19.9pp25.1%within the sector's middle half▼ 4.0pp39.8%within the sector's middle half▲ 14.7pp26.2%within the sector's middle half▼ 13.7pp
Current ratio0.99within the sector's middle half▼ 0.131.33within the sector's middle half▲ 0.331.31within the sector's middle half▼ 0.011.63within the sector's middle half▲ 0.311.34within the sector's middle half▼ 0.29
Return on assets (ROA)-19.0%below the sector's middle half▼ 19.5pp20.9%within the sector's middle half▲ 39.9pp1.4%within the sector's middle half▼ 19.5pp6.6%within the sector's middle half▲ 5.2pp-3.5%within the sector's middle half▼ 10.2pp
Staff (FTE)4above the sector's middle half11.1▲ 178%17.7▲ 59.5%18.9▲ 6.8%15.8▼ 16.4%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 79% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141,883
Fixed assets
€1,356 ▼ 39.7%
Current assets
€140,527 ▲ 35.7%
Equity and liabilities €141,883
Equity
€37,113 ▼ 11.9%
Debt
€104,770 ▲ 64.6%
Debt's share of the balance-sheet total rises from 60.2% to 73.8%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
€4,047▼
2023 · €17,384
Cash flow
-€4,223▼
2023 · €9,009
Quick ratio
0.82▲
2023 · 0.70
Debt to equity
2.82▲
2023 · 1.51
ROE
-13.6%▼
2023 · 16.6%
Interest coverage
0.59▼
2023 · 3.75
Debt ≤ 1 year
€104,770▲
2023 · €63,668
Income taxes
€1,468▼
2023 · €3,759
Staff costs
€77,753▼
2023 · €82,434
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,423 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
1.0%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,423 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €55,398 | €75,241 | €82,434 | €77,753 | ▼ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,034 | €4,312 | €4,376 | €2,008 | €807 | ▼ 59.8% |
| Other operating charges640/8 | - | €1,023 | €3,431 | €1,187 | €7,686 | ▲ 548% |
| Gross operating margin9900 | €50,354 | €84,882 | €83,542 | €101,004 | €89,486 | ▼ 11.4% |
| Operating profit (loss)9901 | -€15,030 | €24,149 | €494 | €15,376 | €3,240 | ▼ 78.9% |
| Financial income75/76B | - | - | €2,547 | €17 | €10 | ▼ 38.3% |
| Recurring financial income75 | - | - | €2,547 | €17 | €10 | ▼ 38.3% |
| Financial charges65/66B | - | €283 | €421 | €4,633 | €6,812 | ▲ 47.1% |
| Recurring financial charges65 | €4,275 | €283 | €421 | €4,633 | €6,812 | ▲ 47.1% |
| Profit (loss) for the period before taxes9903 | -€19,305 | €23,866 | €2,620 | €10,760 | -€3,562 | ▼ 133% |
| Income taxes67/77 | - | - | €707 | €3,759 | €1,468 | ▼ 60.9% |
| Profit (loss) for the period9904 | -€19,305 | €23,866 | €1,913 | €7,001 | -€5,030 | ▼ 172% |
| Profit (loss) for the period to be appropriated9905 | -€19,305 | €23,866 | €1,913 | €7,001 | -€5,030 | ▼ 172% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,548 | €114,099 | €139,823 | €105,811 | €141,883 | ▲ 34.1% |
| Fixed assets21/28 | €10,144 | €6,832 | €2,457 | €2,249 | €1,356 | ▼ 39.7% |
| Tangible fixed assets22/27 | €10,059 | €6,747 | €2,372 | €2,164 | €1,356 | ▼ 37.3% |
| Plant, machinery and equipment23 | - | €4,058 | €880 | €1,869 | €1,356 | ▼ 27.4% |
| Furniture and vehicles24 | - | €2,689 | €1,492 | €294 | €0 | ▼ 100% |
| Financial fixed assets28 | €85 | €85 | €85 | €85 | €0 | ▼ 100% |
| Current assets29/58 | €91,404 | €107,267 | €137,367 | €103,563 | €140,527 | ▲ 35.7% |
| Amounts receivable after more than one year29 | - | - | €4,000 | €4,000 | €24,000 | ▲ 500% |
| Other amounts receivable291 | - | - | €4,000 | €4,000 | €24,000 | ▲ 500% |
| Stocks and contracts in progress3 | €53,426 | €56,018 | €59,271 | €59,271 | €54,351 | ▼ 8.3% |
| Stocks30/36 | - | €56,018 | €59,271 | €59,271 | €54,351 | ▼ 8.3% |
| Amounts receivable within one year40/41 | €2,644 | €3,381 | €47,721 | €17,150 | €44,972 | ▲ 162% |
| Trade receivables40 | - | €2,284 | €12,771 | €7,998 | €28,406 | ▲ 255% |
| Other amounts receivable41 | - | €1,097 | €34,950 | €9,152 | €16,566 | ▲ 81.0% |
| Cash at bank and in hand54/58 | €35,334 | €46,210 | €26,374 | €23,142 | €17,204 | ▼ 25.7% |
| Deferred charges and accrued income490/1 | - | €1,658 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,548 | €114,099 | €139,823 | €105,811 | €141,883 | ▲ 34.1% |
| Equity10/15 | €9,364 | €33,229 | €35,143 | €42,144 | €37,113 | ▼ 11.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€11,096 | €12,769 | €14,683 | €21,684 | €16,653 | ▼ 23.2% |
| Amounts payable17/49 | €92,185 | €80,870 | €104,681 | €63,668 | €104,770 | ▲ 64.6% |
| Amounts payable within one year42/48 | €91,885 | €80,870 | €104,681 | €63,668 | €104,770 | ▲ 64.6% |
| Trade debts44 | €86,849 | €64,125 | €84,799 | €32,247 | €45,533 | ▲ 41.2% |
| Suppliers440/4 | - | €64,125 | €84,799 | €32,247 | €45,533 | ▲ 41.2% |
| Taxes, remuneration and social security45 | - | €11,189 | €13,996 | €25,865 | €53,682 | ▲ 108% |
| Taxes450/3 | - | €5,211 | €7,776 | €19,723 | €45,951 | ▲ 133% |
| Remuneration and social security454/9 | - | €5,979 | €6,220 | €6,143 | €7,730 | ▲ 25.8% |
| Other amounts payable47/48 | - | €5,555 | €5,886 | €5,555 | €5,555 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,305 | €23,866 | €1,913 | €7,001 | -€5,030 | ▼ 172% |
| + Depreciation and write-downs630 | €5,034 | €4,312 | €4,376 | €2,008 | €807 | ▼ 59.8% |
| Operating cash flow (approximation) | -€14,271 | €28,178 | €6,289 | €9,009 | -€4,223 | ▼ 147% |
| Investment in fixed assets (approximation) | - | -€1,000 | €0 | -€1,800 | €85 | ▲ 105% |
| Change in cash | - | €10,876 | -€19,836 | -€3,232 | -€5,937 | ▼ 83.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
SHOW PAIN
BE 0661.802.987
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HET TEAM
BE 0845.754.876
Leuven · Eq €37,168
SAKTEO
BE 0755.832.413
Erquelinnes · Eq €37,170
Congé BV
BE 1012.546.772
Antwerpen · Eq €37,179
Frituur Denise
BE 0739.679.735
Turnhout · Eq €37,185
Of 21,835 companies in this sector we hold annual accounts for 9,786. 8,453 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 27-08-2025
History
Acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 232 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €23,866
Net result €23,866 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€19,305
Net result drops to -€19,305, the lowest in the series; recovery starts the following year.
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Back to profitnet €654
Net result €654 after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteEtterbeekunit no. 2.218.343.775
Company details
Private limited company (pre-2019) · founded 01-03-2013Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded01-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0521678668
Also
9925:BE0521678668
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2013
Ground area
92 m²
Building footprint
84 m²
Volume, LiDAR
1,226 m³
Parcel 21005A0151/00L000, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
13°
since 2013unit no. 2.218.343.775
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0151/00L000 | Brussels | 92 m² | 1 · 84 m² | 20.5 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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