DE PALINGBEEK
ActiveSummary
DE PALINGBEEK has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €51k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency88▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.64 against 2.65 in 2024; short-term debt: 33.9% and cash: 41.4% of total assets), and 37.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.6%
Return on assets
28.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €111k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
7 d late
2023
29 d late
2022
30 d late
2021
30 d late
2020
32 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€111k▲ 83.9%
2024 · €60k
2018: €136k
2019: €84k
2020: €56k
2021: €83k
2022: €28k
2023: €19k
2024: €60k
2018 → 2025
Total assets
€178k▲ 88.1%
2024 · €94k
2018: €421k
2019: €265k
2020: €189k
2021: €242k
2022: €114k
2023: €80k
2024: €94k
2018 → 2025
Net result
€51k▲ 22.0%
2024 · €42k
2018: €181k
2019: €-53k
2020: €-27k
2021: €27k
2022: €-56k
2023: €-9k
2024: €42k
2018 → 2025
Working capital
€99k▲ 116%
2024 · €46k
2018: €103k
2019: €79k
2020: €62k
2021: €90k
2022: €21k
2023: €1k
2024: €46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€28k▼ 67.0%€19k▼ 31.3%€60k▲ 220%€111k▲ 83.9%
Operating result€33k-€-52k€-7k▲ 87.5%€45k€54k▲ 19.1%
Net result€27k-€-56k€-9k▲ 84.6%€42k€51k▲ 22.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 19% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178k
Fixed assets
€19k ▼ 10.7%
Current assets
€159k ▲ 116%
Equity and liabilities €178k
Equity
€111k ▲ 83.9%
Debt
€66k ▲ 95.4%
Debt's share of the balance-sheet total rises from 36.0% to 37.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▲
2024 · €51k
Cash flow
€56k▲
2024 · €48k
Current ratio
2.64▼
2024 · 2.65
Quick ratio
2.59▲
2024 · 2.48
Debt to equity
0.60▲
2024 · 0.56
ROE
45.6%▼
2024 · 68.8%
ROA
28.6%▼
2024 · 44.0%
Interest coverage
14.65▲
2024 · 13.16
Debt ≤ 1 year
€60k▲
2024 · €28k
Debt > 1 year
€6k=
2024 · €6k
Staff costs
€103k▲
2024 · €85k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€178k▲
Fixed assets21/28€21k€19k▼
Tangible fixed assets22/27€14k€12k▼
Plant, machinery and equipment23€5k€5k▼
Other tangible fixed assets26€9k€7k▼
Financial fixed assets28€7k€7k=
Current assets29/58€73k€159k▲
Stocks and contracts in progress3€5k€3k▼
Stocks30/36€5k€3k▼
Amounts receivable within one year40/41€58k€82k▲
Trade receivables40€28k€21k▼
Other amounts receivable41€30k€61k▲
Cash at bank and in hand54/58€10k€74k▲
Deferred charges and accrued income490/1€406€488▲
Equity and liabilities
Total equity and liabilities10/49€94k€178k▲
Equity10/15€60k€111k▲
Contributions10/11€19k€19k=
Reserves13€46k€46k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-4k€47k▲
Amounts payable17/49€34k€66k▲
Amounts payable after more than one year17€6k€6k=
Financial debts170/4€6k€6k=
Amounts payable within one year42/48€28k€60k▲
Current portion of amounts payable after more than one year42€830-
Trade debts44€16k€40k▲
Suppliers440/4€16k€40k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€1k€1k▲
Remuneration and social security454/9€5k€3k▼
Other amounts payable47/48€6k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€85k€103k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€625€2k▲
Gross operating margin9900€137k€164k▲
Operating profit (loss)9901€45k€54k▲
Financial income75/76B€531€1k▲
Recurring financial income75€531€1k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€42k€51k▲
Profit (loss) for the period9904€42k€51k▲
Profit (loss) for the period to be appropriated9905€42k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€47k▲
Profit (loss) brought forward from the previous period14P€-45k€-4k▲
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
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Equity above €100kEq €111k ▲83.9%
2 profitable years in a row build equity to €111k.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Back to profitnet €42k
Net result €42k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.65
Current ratio from 1.02 to 2.65; short-term debt falls from €55k to €28k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-56k ▼305%
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ieper · 1 establishment unit since 1987
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.
Palingbeekstraat 188902 IeperGround area
4,114 m²
Building footprint
1,051 m²
Volume, LiDAR
3,623 m³
Parcel 33036D0024/02_000, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE PALINGBEEK
since 19872.032.774.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33036D0024/02_000 | Flanders | 4,114 m² | 1 · 1,051 m² | 8.6 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteIeper2.032.774.956
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TUINCAFE
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KAILLOU
BE 0788.280.101
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DE NIEUWE CHINESE MUUR
BE 0716.943.331
Schilde · Eq €111,239
SAILOR & LULA
BE 0475.270.108
Etterbeek · Eq €111,223
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,447 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
Founded16-12-1986
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.