Buckingham Palace
ActiveThe computed 12-month bankruptcy probability of Buckingham Palace is 3.0% (moderate). The 2025 annual accounts show negative equity (€-250k) and a net result of €-11k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 13009 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
0
/ 100
Critical▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▲+1
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.03 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 2025Solvency, return and age of the figures
Return on assets
-49.7%
Age of the figures
14 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 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€250k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
50 d early
2023
58 d early
2022
42 d early
2021
45 d early
2020
13 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-250k▼ 4.6%
2024 · €-239k
2019: €-148k
2020: €-195k
2021: €-185k
2022: €-205k
2023: €-229k
2024: €-239k
2019 → 2025
Total assets
€22k▼ 21.3%
2024 · €28k
2019: €42k
2020: €27k
2021: €17k
2022: €44k
2023: €39k
2024: €28k
2019 → 2025
Net result
€-11k▼ 10.9%
2024 · €-10k
2019: €-39k
2020: €-46k
2021: €10k
2022: €-20k
2023: €-24k
2024: €-10k
2019 → 2025
Working capital
€-266k▼ 2.4%
2024 · €-260k
2019: €-153k
2020: €-193k
2021: €-185k
2022: €-198k
2023: €-255k
2024: €-260k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-185k-€-205k▼ 10.9%€-229k▼ 11.6%€-239k▼ 4.4%€-250k▼ 4.6%
Operating result€10k-€-20k€-22k▼ 9.8%€-9k▲ 57.5%€-11k▼ 16.7%
Net result€10k-€-20k€-24k▼ 18.1%€-10k▲ 58.1%€-11k▼ 10.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €9k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€16k▼ 24.0%
Current assets
€7k▼ 13.9%
Key figures and ratios
EBITDA
€-6k▼
2024 · €-5k
Cash flow
€-6k▼
2024 · €-6k
Current ratio
0.02▼
2024 · 0.03
Quick ratio
0.02▼
2024 · 0.03
Debt / equity
-1.09▲
2024 · -1.12
ROE
4.4%▲
2024 · 4.2%
ROA
-49.7%▼
2024 · -35.3%
Interest coverage
-10.38▼
2024 · -6.12
Debt
€272k▲
2024 · €267k
Debt ≤ 1 year
€272k▲
2024 · €267k
Staff costs
€3k
A ratio outside any meaningful range has been withheld (balance sheet total €22k, equity €-250k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€28k€22k▼
Fixed assets21/28€21k€16k▼
Tangible fixed assets22/27€21k€16k▼
Furniture and vehicles24€21k€16k▼
Financial fixed assets28€135€135=
Current assets29/58€8k€7k▼
Amounts receivable within one year40/41€7k€6k▼
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€1k€271▼
Equity and liabilities
Total equity and liabilities10/49€28k€22k▼
Equity10/15€-239k€-250k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-245k€-256k▼
Amounts payable17/49€267k€272k▲
Amounts payable within one year42/48€267k€272k▲
Trade debts44€834€879▲
Suppliers440/4€834€879▲
Other amounts payable47/48€266k€271k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€803€852▲
Gross operating margin9900€-4k€-2k▲
Operating profit (loss)9901€-9k€-11k▼
Financial income75/76B-€196
Recurring financial income75-€196
Financial charges65/66B€802€554▼
Recurring financial charges65€802€554▼
Profit (loss) for the period before taxes9903€-10k€-11k▼
Profit (loss) for the period9904€-10k€-11k▼
Profit (loss) for the period to be appropriated9905€-10k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-245k€-256k▼
Profit (loss) brought forward from the previous period14P€-235k€-245k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
18-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Gent · 1 establishment unit since 2020
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.
Lammerstraat 109000 GentGround area
64 m²
Building footprint
64 m²
Volume, LiDAR
839 m³
Parcel 44805E0334/00C000, Flanders · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Lammerstraat 10, 9000 Gent
since 20202.323.276.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44805E0334/00C000 | Flanders | 64 m² | 1 · 64 m² | 16.5 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
6 connected companiesNetwork connections
Shared address
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Shared address
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Shared address
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Shared address
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Show 2 more network connections
Shared address
→
Shared address
→
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 13,834 companies in sector 56301 we hold annual accounts for 4,807.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2011
Fiscal year end30-06
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.