Cafe du theatre
ActiveSummary
The computed 12-month bankruptcy probability of Cafe du theatre is 1.8% (moderate). The 2024 annual accounts show equity of €32k and a net result of €123k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 2935 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency34▼-17
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.23 in 2023; short-term debt: 91% and cash: 37.2% of total assets), and 91.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
8.8%
Return on assets
33.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2935 sector peers (2024).
NBB · sector comparisonPosition among 2935 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
15 d early
2022
6 d early
2021
30 d early
2020
3 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€32k▼ 70.3%
2023 · €109k
2018: €61k
2019: €81k
2020: €78k
2021: €92k
2022: €153k
2023: €109k
2018 → 2024
Total assets
€367k▼ 14.0%
2023 · €426k
2018: €216k
2019: €225k
2020: €156k
2021: €162k
2022: €252k
2023: €426k
2018 → 2024
Net result
€123k▲ 10.7%
2023 · €111k
2018: €53k
2019: €20k
2020: €-3k
2021: €14k
2022: €61k
2023: €111k
2018 → 2024
Working capital
€-21k
2023 · €73k
2018: €-52k
2019: €-12k
2020: €2k
2021: €33k
2022: €101k
2023: €73k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€78k-€92k▲ 17.9%€153k▲ 66.2%€109k▼ 28.7%€32k▼ 70.3%
Operating result€65-€20k▲ 30,679%€81k▲ 303%€157k▲ 94.8%€173k▲ 9.8%
Net result€-3k-€14k€61k▲ 337%€111k▲ 82.5%€123k▲ 10.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 10% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €367k
Fixed assets
€54k ▲ 29.4%
Current assets
€313k ▼ 18.6%
Equity and liabilities €367k
Equity
€32k ▼ 70.3%
Debt
€334k ▲ 5.5%
Debt's share of the balance-sheet total rises from 74.4% to 91.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€189k▲
2023 · €171k
Cash flow
€140k▲
2023 · €125k
Current ratio
0.94▼
2023 · 1.23
Quick ratio
0.88▼
2023 · 1.17
Debt to equity
10.30▲
2023 · 2.90
ROE
379.8%▲
2023 · 101.9%
ROA
33.6%▲
2023 · 26.1%
Interest coverage
21.26▲
2023 · 16.88
Debt ≤ 1 year
€334k▲
2023 · €312k
Income taxes
€45k▲
2023 · €41k
Staff costs
€179k▼
2023 · €182k
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€426k€367k▼
Fixed assets21/28€41k€54k▲
Intangible fixed assets21€10k€6k▼
Tangible fixed assets22/27€29k€45k▲
Land and buildings22€22k€14k▼
Plant, machinery and equipment23€7k€31k▲
Financial fixed assets28€3k€3k=
Current assets29/58€385k€313k▼
Stocks and contracts in progress3€19k€20k▲
Stocks30/36€19k€20k▲
Amounts receivable within one year40/41€245k€155k▼
Other amounts receivable41€245k€155k▼
Cash at bank and in hand54/58€119k€136k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€426k€367k▼
Equity10/15€109k€32k▼
Contributions10/11€6k€6k=
Reserves13€103k€26k▼
Distributable reserves133€103k€26k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€317k€334k▲
Amounts payable within one year42/48€312k€334k▲
Trade debts44€23k€23k▼
Suppliers440/4€23k€23k▼
Taxes, remuneration and social security45€96k€110k▲
Taxes450/3€77k€94k▲
Remuneration and social security454/9€19k€16k▼
Other amounts payable47/48€193k€201k▲
Accrued charges and deferred income492/3€5k€393▼
Income statement
Code20232024
Remuneration, social security and pensions62€182k€179k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€359k€375k▲
Operating profit (loss)9901€157k€173k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€152k€168k▲
Income taxes67/77€41k€45k▲
Profit (loss) for the period9904€111k€123k▲
Profit (loss) for the period to be appropriated9905€111k€123k▲
Appropriation of the result
Profit (loss) to be appropriated9906€256k€123k▼
Profit (loss) brought forward from the previous period14P€145k€0▼
Transfer from equity791/2-€77k
Transfer to equity691/2€101k€0▼
To other reserves6921€101k€0▼
Profit to be distributed694/7€155k€200k▲
Return on contributions (dividend)694€155k€200k▲
Social balance
Average headcount (FTE)90879.06.8▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €123k ▲10.7%
Operating result €173k, net result €123k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150kEq €153k ▲66.2%
2 profitable years in a row build equity to €153k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
30-09
Financial
Weakest financial yearnet €-3k ▼113%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
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, Brugge · 1 establishment unit since 2015
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.
Kuipersstraat 148000 BruggeGround area
148 m²
Building footprint
135 m²
Volume, LiDAR
1,521 m³
Parcel 31805E1276/00C000, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Café du theatre
since 20152.247.270.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E1276/00C000 | Flanders | 148 m² | 1 · 135 m² | 14.1 m · 4 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.
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HET WERREK
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,116 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
Founded07-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.