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LE PRESIDENT

Active
Private limited companyfounded 199233 yrs activeNieuwpoortlaan 33, 8660 De Panne, BelgiumKBO/BCE: BE 0448.952.820

LE PRESIDENT has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €18k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 13090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
84 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 8.67 against 8.74 in 2024; short-term debt: 8.6% and cash: 35.8% of total assets), and 8.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
91.4%
Return on assets
8.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
85 d early
2024
114 d early
2023
16 d early
2022
39 d early
2021
52 d early
2020
30 d late
2019
45 d late
← before the deadline after the deadline →
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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€191k▼ 27.5%
2024 · €263k
2018: €146k 2019: €158k 2020: €161k 2021: €196k 2022: €227k 2023: €241k 2024: €263k
2018 → 2025
Total assets
€209k▼ 27.9%
2024 · €290k
2018: €188k 2019: €188k 2020: €183k 2021: €217k 2022: €259k 2023: €267k 2024: €290k
2018 → 2025
Net result
€18k▼ 21.5%
2024 · €22k
2018: €6k 2019: €13k 2020: €3k 2021: €35k 2022: €31k 2023: €13k 2024: €22k
2018 → 2025
Working capital
€138k▼ 32.6%
2024 · €204k
2018: €61k 2019: €66k 2020: €92k 2021: €132k 2022: €163k 2023: €181k 2024: €204k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€196k-€227k▲ 16.1%€241k▲ 5.9%€263k▲ 9.3%€191k▼ 27.5%
Operating result€43k-€46k▲ 6.0%€25k▼ 45.5%€37k▲ 50.4%€34k▼ 9.5%
Net result€35k-€31k▼ 10.1%€13k▼ 57.3%€22k▲ 67.1%€18k▼ 21.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €43k€43kNet result 2021: €35k€35kOperating result 2022: €46k€46kNet result 2022: €31k€31kOperating result 2023: €25k€25kNet result 2023: €13k€13kOperating result 2024: €37k€37kNet result 2024: €22k€22kOperating result 2025: €34k€34kNet result 2025: €18k€18k20212022202320242025
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets €53k▼ 9.7%
Current assets €156k▼ 32.5%
Equity and liabilities €209k
Equity €191k▼ 27.5%
Debt €18k▼ 32.0%
The debt ratio falls from 9.1% to 8.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41k
2024 · €43k
Cash flow
€24k
2024 · €28k
Solvency
91.4%
2024 · 90.9%
Current ratio
8.67
2024 · 8.74
Quick ratio
7.93
2024 · 8.29
Debt / equity
0.09
2024 · 0.10
ROE
9.2%
2024 · 8.5%
ROA
8.4%
2024 · 7.7%
Interest coverage
7.19
2024 · 8.43
Debt
€18k
2024 · €26k
Debt ≤ 1 year
€18k
2024 · €26k
Income taxes
€11k
2024 · €10k
Staff costs
€104k
2024 · €106k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€290k€209k
Fixed assets21/28€59k€53k
Tangible fixed assets22/27€59k€53k
Land and buildings22€41k€41k=
Plant, machinery and equipment23€18k€12k
Current assets29/58€231k€156k
Stocks and contracts in progress3€12k€13k
Stocks30/36€12k€13k
Amounts receivable within one year40/41€6k€9k
Trade receivables40€0-
Other amounts receivable41€6k€9k
Current investments50/53€56k€57k
Cash at bank and in hand54/58€152k€75k
Deferred charges and accrued income490/1€4k€2k
Equity and liabilities
Total equity and liabilities10/49€290k€209k
Equity10/15€263k€191k
Contributions10/11€19k€19k=
Reserves13€245k€172k
Distributable reserves133€245k€172k
Profit (loss) carried forward14-€0
Amounts payable17/49€26k€18k
Amounts payable within one year42/48€26k€18k
Trade debts44€3k€6k
Suppliers440/4€3k€6k
Taxes, remuneration and social security45€15k€10k
Taxes450/3€3k€2k
Remuneration and social security454/9€12k€8k
Other amounts payable47/48€9k€2k
Income statement Code20242025
Remuneration, social security and pensions62€106k€104k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k
Other operating charges640/8€4k€3k
Gross operating margin9900€153k€148k
Operating profit (loss)9901€37k€34k
Financial income75/76B€367€339
Recurring financial income75€367€339
Financial charges65/66B€5k€6k
Recurring financial charges65€5k€6k
Profit (loss) for the period before taxes9903€33k€29k
Income taxes67/77€10k€11k
Profit (loss) for the period9904€22k€18k
Profit (loss) for the period to be appropriated9905€22k€18k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€18k
Transfer from equity791/2-€90k
Transfer to equity691/2€22k€18k
To other reserves6921€22k€18k
Profit to be distributed694/7-€90k
Return on contributions (dividend)694-€90k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
08-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200kEq €227k ▲16.1%
5 profitable years in a row build equity to €227k.
09-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €35k ▲945%
Net result €35k, the highest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Weakest financial yearnet €3k ▼74.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
14-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial Equity above €150kEq €158k ▲7.6%
2 profitable years in a row build equity to €158k.
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, De Panne · 1 establishment unit since 1993
establishment The establishment unit on the map
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.

Nieuwpoortlaan 338660 De Panne
Ground area
55 m²
Building footprint
55 m²
Volume, LiDAR
592 m³
Parcel 38008A0271/00_000, Flanders · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LE PRESIDENT
Nieuwpoortlaan 33, 8660 De PanneNACE 55232
since 19932.060.378.582
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38008A0271/00_000 Flanders 55 m² 1 · 55 m² 12.9 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
De Panne2.060.378.582
1 permission
Toelating · Eetgelegenheid · since 01-01-2006

Similar companies · same sector, comparable size

Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 8,631 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-12-1992
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.