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KRUSTY SQUAD BURGER

Active
Ropsy Chaudronstraat 65 ·1070 Anderlecht, Belgium
KBO/BCE: BE 0774.938.245
Watch Print / PDF
Belgian State Gazette acts: 0 of 1 read
Age4 yrs
Real estate2 parcels · 430 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of KRUSTY SQUAD BURGER is 12.1% (high). The 2023 annual accounts show equity of €40k and a net result of €28k. Its solvency ranks better than 86% of 310 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
12.1% 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

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 86% of 310 peers (2023). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2022 and 2023).
View the result trend

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
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 388 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-12-2024, 135 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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. 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 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 13-12-2024 135 d late 2024-00615517
31-12-2022 31-07-2023 04-12-2023 126 d late 2023-00521449

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
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
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€28k+301.9%
Working capital€26k+141.9%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 13-12-2024 with the NBB · fiscal year 2023 · volledig
€0€10k€20k€30kOperating result 2022: €7k€7kNet result 2022: €7k€7kOperating result 2023: €30k€30kNet result 2023: €28k€28k20222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 53.3% 13.1%
better than 86% of 310 sector peers
Net result €28k €2k
better than 75% of 311 sector peers
Equity €40k €16k
better than 60% of 312 sector peers
Gross operating margin €33k €133k
better than 27% of 299 sector peers
Total assets €75k €219k
better than 26% of 311 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€33k
+353.2% 22-23
Net profit
€28k
+301.9% 22-23
Cash flow
€32k
+333.4% 22-23
Total assets
€75k
+100.3% 22-23
Equity
€40k
+233.9% 22-23
Working capital
€26k
+141.9% 22-23
Income taxes
€1k
- 22-23
Debt
€35k
+37.5% 22-23
Show 8 other metrics
Debt ≤ 1y
€35k
+37.5% 22-23
Current ratio
1.73
+22.4% 22-23
Quick ratio
1.73
+22.4% 22-23
Solvency
53.3%
+66.7% 22-23
Debt / equity
0.88
-58.8% 22-23
ROE
70.0%
+20.4% 22-23
ROA
37.3%
+100.6% 22-23
Interest coverage
220.22
-30.5% 22-23
Figures by fiscal year
Fiscal year2023
Depositvolledig
Revenue-
EBITDA€33k
Net profit€28k
Cash flow€32k
Staff costs-
Income taxes€1k
Dividends-
Total assets€75k
Equity€40k
Debt€35k
of which ≤ 1y€35k
of which > 1y-
Working capital€26k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.73
Quick ratio1.73
Working capital ratio34.3%
Solvency53.3%
Debt / equity0.88
Long-term debt ratio-
Interest coverage220.22
Gross margin-
Net margin-
ROA37.3%
ROE70.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€75k
Fixed assets 21/28€14k
Tangible fixed assets 22/27€14k
Current assets 29/58€61k
Amounts receivable within one year 40/41€14k
Cash & bank 54/58€47k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€75k
Equity 10/15€40k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€35k
Amounts payable 17/49€35k
Amounts payable within one year 42/48€35k
Trade debts payable within one year 44€35k
Income statement
Gross operating margin 9900€33k
Operating result 9901€30k
Financial charges 65€151
Result before taxes 9903€29k
Income taxes 67/77€1k
Net result for the period 9904€28k
Result to be appropriated 9905€28k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
100 / 100 Excellent
050100
Computed from 5 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 2023. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

2 locations
Ropsy Chaudronstraat 65, 1070 Anderlecht
Eetgelegenheden met beperkte bediening
since 20222.327.949.025
KRUSTY SQUAD BURGER
Jetsesteenweg 298, 1081 KoekelbergEetgelegenheden met beperkte bediening
since 20232.341.936.227
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area430 m²
Buildings1
Building footprint132 m²
Volume (LiDAR)1,693 m³
Tallest building19.8 m · ±5 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.
21304B0127/00F004 Brussels 286 m² - -
21492B0034/00D004 Brussels 144 m² 1 · 131 m² 19.8 m · 5 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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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

5 of 5 axes measured
Health100Profitability100Solvency90Growth78Stability94
92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 90
Growth 78
Stability 94

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
We hold annual accounts for 2,997 of the 21,790 companies in this sector. 2,566 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameFR KRUSTY SQUAD BURGER
Registered office
Ropsy Chaudronstraat 65
1070 Anderlecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.