BALCATHERINE
ActiveThe computed 12-month bankruptcy probability of BALCATHERINE is 8.7% (elevated). The 2024 annual accounts show negative equity (€-138k) and a net result of €-3k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 18936 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
8
/ 100
Critical▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-13
Solvency33=
Growth78=
Stability100
Bankruptcy probability, 12 months
8.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2023), 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.
+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
-5150.6%
Return on assets
-107%
Age of the figures
20 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
2021222324
2020 to 2024 · latest year -€138k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
167 d late
2022
71 d late
2021
61 d late
2020
89 d late
2019
104 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k▲ 53.9%
2023 · €-6k
2020: €-173k
2021: €14k
2022: €12k
2023: €-6k
2020 → 2024
Working capital
€-139k▼ 1.6%
2023 · €-136k
2020: €-144k
2021: €-130k
2022: €-131k
2023: €-136k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-155k-€-141k▲ 8.8%€-129k▲ 8.4%€-135k▼ 4.8%€-138k▼ 2.1%
Operating result€4k-€14k▲ 233%€10k▼ 27.9%€315▼ 96.9%€-3k
Net result€-173k-€14k€12k▼ 12.9%€-6k€-3k▲ 53.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €315 in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3k
Fixed assets
€625▼ 50.0%
Current assets
€2k▲ 22.6%
Key figures and ratios
EBITDA
€-2k▼
2023 · €940
Cash flow
€-2k▲
2023 · €-6k
Solvency
-5150.6%▼
2023 · -4619.4%
Current ratio
0.01▲
2023 · 0.01
Quick ratio
0.01▲
2023 · 0.01
Debt / equity
-1.02▲
2023 · -1.02
ROE
2.1%▼
2023 · 4.6%
ROA
-107.0%▲
2023 · -212.4%
Interest coverage
-6.68▼
2023 · 0.17
Debt
€141k▲
2023 · €138k
Debt ≤ 1 year
€141k▲
2023 · €138k
Income taxes
€250▼
2023 · €5k
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
Total assets
20/58€3k€3k▼
Fixed assets
21/28€1k€625▼
Tangible fixed assets
22/27€1k€625▼
Current assets
29/58€2k€2k▲
Amounts receivable within one year
40/41€2k€2k▲
Cash & bank
54/58€24-
Total equity & liabilities
10/49€3k€3k▼
Equity
10/15€-135k€-138k▼
Contributions / capital
10/11€19k€19k=
Accumulated profits (losses)
14€-154k€-157k▼
Amounts payable
17/49€138k€141k▲
Amounts payable within one year
42/48€138k€141k▲
Trade debts payable within one year
44€617€681▲
Income statement
Code20232024
Gross operating margin
9900€940€-2k▼
Operating result
9901€315€-3k▼
Financial income
75€4k€303▼
Financial charges
65€6k€299▼
Result before taxes
9903€-1k€-3k▼
Income taxes
67/77€5k€250▼
Net result for the period
9904€-6k€-3k▲
Result to be appropriated
9905€-6k€-3k▲
Timeline · acts, filings and financial milestones
2025
18-12
State Gazette act
Registered-office change
v3.2
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 167 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 104 days late
2018
28-03
State Gazette act
Incorporation
oprichting
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Comparable companies · same sector, comparable size
Similar companies · same sector and region
A LA BECASSE
BE 0417.998.635
Brussel
A PROPOS
BE 0432.232.691
Brussel
ARVAN
BE 0445.082.916
Brussel
BEJA
BE 0445.060.546
Brussel
Biscuiterie Dandoy
BE 0441.923.189
Brussel
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 20,236 companies in sector 56111 we hold annual accounts for 10,942.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-03-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 25-08-2026. Scores and ratios are computed by Checked and are not a credit decision.