LE PIGEON NOIR
ActiveSummary
The computed 12-month bankruptcy probability of LE PIGEON NOIR is 2.6% (moderate). The 2024 annual accounts show equity of €49k and a net result of €100k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 18941 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 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▲+6
Solvency44▼-13
Growth38▼-14
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.4 in 2023; short-term debt: 78.5% and cash: 57.2% of total assets), and 81% 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.
−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
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
8 d late
2022
8 d late
2021
26 d late
2020
36 d early
2019
11 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€592k▼ 46.1%
2019 · €1.10M
2018: €1.03M
2019: €1.10M
2018 → 2020
EBIT margin
5.2%▲ 2.3pp
2019 · 3.0%
2018: 4.7%
2019: 3.0%
2018 → 2020
Net result
€100k▲ 38.2%
2023 · €72k
2018: €37k
2019: €-734
2020: €4k
2021: €29k
2022: €91k
2023: €72k
2018 → 2024
Working capital
€34k▼ 64.7%
2023 · €95k
2018: €46k
2019: €22k
2020: €48k
2021: €22k
2022: €119k
2023: €95k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€592k-
Equity€89k-€52k▼ 41.1%€143k▲ 174%€115k▼ 19.5%€49k▼ 57.5%
Operating result€31k-€53k▲ 71.2%€136k▲ 157%€109k▼ 19.6%€147k▲ 34.3%
Net result€4k-€29k▲ 596%€91k▲ 219%€72k▼ 20.8%€100k▲ 38.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 34% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €258k
Fixed assets
€22k ▼ 15.4%
Current assets
€236k ▼ 29.6%
Equity and liabilities €258k
Equity
€49k ▼ 57.5%
Debt
€209k ▼ 15.0%
Debt's share of the balance-sheet total rises from 68.0% to 81.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€152k▲
2023 · €121k
Cash flow
€104k▲
2023 · €84k
Current ratio
1.17▼
2023 · 1.40
Quick ratio
0.98▼
2023 · 1.29
Debt to equity
4.26▲
2023 · 2.13
ROE
203.1%▲
2023 · 62.5%
ROA
38.6%▲
2023 · 20.0%
Interest coverage
13.09▲
2023 · 10.79
Debt ≤ 1 year
€202k▼
2023 · €240k
Income taxes
€36k▲
2023 · €27k
Staff costs
€455k▲
2023 · €454k
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 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€361k€258k▼
Fixed assets21/28€26k€22k▼
Tangible fixed assets22/27€25k€21k▼
Furniture and vehicles24€25k€21k▼
Financial fixed assets28€820€820=
Current assets29/58€335k€236k▼
Stocks and contracts in progress3€25k€38k▲
Stocks30/36€25k€38k▲
Amounts receivable within one year40/41€15k€46k▲
Trade receivables40€6k€4k▼
Other amounts receivable41€9k€42k▲
Cash at bank and in hand54/58€289k€147k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€361k€258k▼
Equity10/15€115k€49k▼
Contributions10/11€28k€28k=
Reserves13€21k€21k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€67k€348▼
Amounts payable17/49€245k€209k▼
Amounts payable within one year42/48€240k€202k▼
Trade debts44€35k€24k▼
Suppliers440/4€35k€24k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€104k€96k▼
Taxes450/3€60k€66k▲
Remuneration and social security454/9€44k€30k▼
Other amounts payable47/48€100k€80k▼
Accrued charges and deferred income492/3€6k€6k▲
Income statement
Code20232024
Remuneration, social security and pensions62€454k€455k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€5k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€577k€608k▲
Operating profit (loss)9901€109k€147k▲
Financial income75/76B€1k€688▼
Recurring financial income75€360€688▲
Non-recurring financial income76B€755-
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€99k€136k▲
Income taxes67/77€27k€36k▲
Profit (loss) for the period9904€72k€100k▲
Profit (loss) for the period to be appropriated9905€72k€100k▲
Appropriation of the result
Profit (loss) to be appropriated9906€167k€166k▼
Profit (loss) brought forward from the previous period14P€95k€67k▼
Profit to be distributed694/7€100k€166k▲
Return on contributions (dividend)694€100k€166k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €100k ▲38.2%
Operating result €147k, net result €100k, both a record.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-12
Financial
Equity above €100kEq €143k ▲174%
3 profitable years in a row build equity to €143k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.43
Current ratio from 1.18 to 2.43; short-term debt falls from €125k to €33k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Weakest financial yearnet €-734 ▼102%
Net result drops to €-734, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
Show earlier events
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 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, Ukkel · 1 establishment unit since 2006
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.
Geleytsbeekstraat 21180 UkkelGround area
93 m²
Building footprint
65 m²
Volume, LiDAR
533 m³
Parcel 21614E0288/00S000, Brussels · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Le Pigeon Noir
since 20062.157.358.390
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0288/00S000 | Brussels | 93 m² | 1 · 64 m² | 10.0 m · 3 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 siteUkkel2.157.358.390
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,823 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
Founded25-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@demol.be
Phone:023752374
Fax:023801735