Skip to content

BASECAMP XL

Active
Private limited company·Activiteiten van eetgelegenheden met volledige bediening· 2 yrs active
Luxemburgplein 5 ·1050 Elsene, Belgium
KBO/BCE: BE 1001.775.220
Watch Print / PDF
Age2 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of BASECAMP XL is 10.6% (high). The 2024 annual accounts show negative equity (€-61k) and a net result of €-71k. Its solvency ranks better than 32% of 332 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
10.6% High
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 18-08-2025 18 d late 2025-00379644

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-71k
Working capital€-289k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 18-08-2025 with the NBB · fiscal year 2024 · volledig
Sector comparison
Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency -9.1% 11.6%
better than 32% of 332 sector peers
Net result €-71k €2k
better than 13% of 332 sector peers
Equity €-61k €17k
better than 18% of 332 sector peers
Gross operating margin €396k €182k
better than 67% of 322 sector peers
Staff costs €369k €218k
higher than 67% of 276 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositvolledig
Revenue-
EBITDA€-30k
Net profit€-71k
Cash flow€-57k
Staff costs€369k
Income taxes-
Dividends-
Total assets€677k
Equity€-61k
Debt€738k
of which ≤ 1y€433k
of which > 1y€305k
Working capital€-289k
Employees (FTE)13.3
Ratios (computed)
2024
Current ratio0.33
Quick ratio0.23
Working capital ratio-42.7%
Solvency-9.1%
Debt / equity-12.02
Long-term debt ratio-4.96
Interest coverage-1.12
Gross margin-
Net margin-
ROA-10.6%
ROE116.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€677k
Fixed assets 21/28€83k
Formation expenses 20€450k
Tangible fixed assets 22/27€70k
Financial fixed assets 28€13k
Current assets 29/58€144k
Stocks & contracts in progress 3€46k
Amounts receivable within one year 40/41€77k
Cash & bank 54/58€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€677k
Equity 10/15€-61k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€-71k
Amounts payable 17/49€738k
Amounts payable after one year 17€305k
Amounts payable within one year 42/48€433k
Trade debts payable within one year 44€91k
Income statement
Gross operating margin 9900€396k
Operating result 9901€-45k
Financial income 75€174
Financial charges 65€27k
Result before taxes 9903€-71k
Net result for the period 9904€-71k
Result to be appropriated 9905€-71k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
10 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Luxemburgplein 51050 Elsene

Establishment units

1 location
Ginette Bar XL
Hogeschoollaan 1, 1050 ElseneEetgelegenheden met volledige bediening
since 20232.353.916.321
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area395 m²
Buildings2
Building footprint346 m²
Volume (LiDAR)4,158 m³
Tallest building20.1 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21442A0007/00D013
ProtectedMonumentGeheel van neoclassicistisch huizen - LuxemburgpleinSource ↗
Brussels 220 m² 1 · 167 m² 20.1 m · 6 fl.
21445C0263/00Z003 Brussels 175 m² 1 · 179 m² 17.6 m · 4 fl.
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health10Profitability100Solvency33Growth-Stability67
52 / 100

Mixed profile: strong on profitability, weaker on health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 10
Profitability 100
Solvency 33
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111
Primary activity highlighted.
Names & trade names
Legal nameFR BASECAMP XL
Registered office
Luxemburgplein 5
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.