BERZAN
ActiveSummary
The computed 12-month bankruptcy probability of BERZAN is 7.7% (elevated). The annual accounts of BERZAN for fiscal year 2024 show a net loss of 88% of the equity at the start of that year. The 2024 annual accounts show equity of €6k and a net result of €-42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 18941 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▲+2
Solvency27▼-12
Growth32=
Track record94
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78 against 0.93 in 2023; short-term debt: 98.2% and cash: 10.7% of total assets), and 98.2% of the assets are financed with debt.
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 · 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 · 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
1.8%
Return on assets
-13.1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-42k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
24 d late
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€6k▼ 88.0%
2023 · €48k
2021: €52k
2022: €102k
2023: €48k
2021 → 2024
Total assets
€319k▼ 5.9%
2023 · €339k
2021: €159k
2022: €328k
2023: €339k
2021 → 2024
Net result
€-42k▲ 22.8%
2023 · €-54k
2021: €52k
2022: €50k
2023: €-54k
2021 → 2024
Working capital
€-68k▼ 236%
2023 · €-20k
2021: €52k
2022: €39k
2023: €-20k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€52k-€102k▲ 94.5%€48k▼ 53.3%€6k▼ 88.0%
Operating result€82k-€84k▲ 2.5%€-49k€-32k▲ 34.4%
Net result€52k-€50k▼ 5.5%€-54k€-42k▲ 22.8%
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 €32k in 2024 against €49k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €319k
Fixed assets
€73k ▲ 8.2%
Current assets
€246k ▼ 9.4%
Equity and liabilities €319k
Equity
€6k ▼ 88.0%
Debt
€314k ▲ 7.5%
Debt's share of the balance-sheet total rises from 86.0% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▲
2023 · €-26k
Cash flow
€-15k▲
2023 · €-31k
Current ratio
0.78▼
2023 · 0.93
Quick ratio
0.71▼
2023 · 0.77
Debt to equity
54.93▲
2023 · 6.12
ROE
-734.4%▼
2023 · -114.0%
ROA
-13.1%▲
2023 · -16.0%
Interest coverage
-0.53▲
2023 · -5.11
Debt ≤ 1 year
€314k▲
2023 · €292k
Staff costs
€312k▼
2023 · €385k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€339k€319k▼
Fixed assets21/28€68k€73k▲
Tangible fixed assets22/27€68k€73k▲
Plant, machinery and equipment23€13k€18k▲
Furniture and vehicles24€36k€39k▲
Other tangible fixed assets26€18k€16k▼
Current assets29/58€272k€246k▼
Stocks and contracts in progress3€47k€22k▼
Stocks30/36€47k€22k▼
Amounts receivable within one year40/41€186k€186k▼
Trade receivables40€2k€102▼
Other amounts receivable41€185k€186k▲
Cash at bank and in hand54/58€32k€34k▲
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€339k€319k▼
Equity10/15€48k€6k▼
Reserves13€100k€100k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€-52k€-94k▼
Amounts payable17/49€292k€314k▲
Amounts payable within one year42/48€292k€314k▲
Current portion of amounts payable after more than one year42-€35k
Trade debts44€121k€161k▲
Suppliers440/4€121k€161k▲
Advances received on contracts in progress46€15k€1k▼
Taxes, remuneration and social security45€119k€90k▼
Taxes450/3€55k€41k▼
Remuneration and social security454/9€64k€48k▼
Other amounts payable47/48€37k€27k▼
Income statement
Code20232024
Remuneration, social security and pensions62€385k€312k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€27k▲
Other operating charges640/8€26k€67k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€385k€379k▼
Operating profit (loss)9901€-49k€-32k▲
Financial income75/76B€129€27▼
Recurring financial income75€129€27▼
Financial charges65/66B€5k€10k▲
Recurring financial charges65€5k€10k▲
Profit (loss) for the period before taxes9903€-54k€-42k▲
Profit (loss) for the period9904€-54k€-42k▲
Profit (loss) for the period to be appropriated9905€-54k€-42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-94k▼
Profit (loss) brought forward from the previous period14P€2k€-52k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-54k ▼210%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €100kEq €102k ▲94.5%
2 profitable years in a row build equity to €102k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
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, Gembloux · 2 establishment units since 2023
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.
Chaussée de Namur 4825030 GemblouxGround area
1,921 m²
Building footprint
749 m²
Volume, LiDAR
1,147 m³
2 parcels, Wallonia · tallest building 21.9 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Alla Grappa
since 20232.347.399.505
Primo Piano
since 20262.387.420.220
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92011C0198/00M004 | Wallonia | 1,852 m² | 1 · 692 m² | - |
| 62810C1113/00A000 | Wallonia | 69 m² | 1 · 57 m² | 21.9 m · 7 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesGembloux2.387.420.220
Liège2.347.399.505
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 5,402 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.