NUDE
ActiveSummary
The computed 12-month bankruptcy probability of NUDE is 2.9% (moderate). The 2025 annual accounts show equity of €251k and a net result of €43k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 3674 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
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 = 2024
Profitability75▲+18
Solvency55=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.78 against 1.31 in 2024; short-term debt: 34.2% and cash: 10.4% of total assets), and 70.3% of the assets are financed with debt.
Credit check 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 · 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
29.7%
Return on assets
5.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-03-2026, 59 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
59 d early
2024
14 d early
2023
on the day
2022
2 d early
2021
39 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€251k▲ 20.7%
2024 · €208k
2018: €29k
2019: €35k
2020: €67k
2021: €157k
2022: €190k
2023: €193k
2024: €208k
2018 → 2025
Total assets
€845k▲ 22.0%
2024 · €692k
2018: €330k
2019: €339k
2020: €308k
2021: €613k
2022: €616k
2023: €641k
2024: €692k
2018 → 2025
Net result
€43k▲ 181%
2024 · €15k
2018: €9k
2019: €6k
2020: €32k
2021: €90k
2022: €33k
2023: €3k
2024: €15k
2018 → 2025
Working capital
€-64k
2024 · €74k
2018: €-97k
2019: €-118k
2020: €-64k
2021: €-337k
2022: €-243k
2023: €-135k
2024: €74k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€190k▲ 20.9%€193k▲ 1.4%€208k▲ 7.9%€251k▲ 20.7%
Operating result€104k-€56k▼ 45.7%€21k▼ 63.7%€60k▲ 191%€78k▲ 29.8%
Net result€90k-€33k▼ 63.6%€3k▼ 92.0%€15k▲ 485%€43k▲ 181%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €842k
Fixed assets
€617k ▲ 65.3%
Current assets
€225k ▼ 28.6%
Equity and liabilities €845k
Equity
€251k ▲ 20.7%
Debt
€594k ▲ 22.6%
Debt's share of the balance-sheet total rises from 70.0% to 70.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€214k▲
2024 · €154k
Cash flow
€180k▲
2024 · €109k
Current ratio
0.78▼
2024 · 1.31
Quick ratio
0.51▼
2024 · 1.16
Debt to equity
2.37▲
2024 · 2.33
ROE
17.2%▲
2024 · 7.4%
ROA
5.1%▲
2024 · 2.2%
Interest coverage
8.87▲
2024 · 4.25
Debt ≤ 1 year
€289k▲
2024 · €242k
Debt > 1 year
€300k▲
2024 · €236k
Income taxes
€11k▼
2024 · €13k
Staff costs
€863k▲
2024 · €491k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€692k€845k▲
Formation expenses20€4k€3k▼
Fixed assets21/28€373k€617k▲
Intangible fixed assets21€3k€54k▲
Tangible fixed assets22/27€357k€546k▲
Plant, machinery and equipment23€123k€171k▲
Other tangible fixed assets26€234k€375k▲
Financial fixed assets28€13k€17k▲
Current assets29/58€316k€225k▼
Amounts receivable after more than one year29€43k€43k=
Other amounts receivable291€43k€43k=
Stocks and contracts in progress3€35k€79k▲
Stocks30/36€35k€79k▲
Amounts receivable within one year40/41€150k€13k▼
Trade receivables40€2k€6k▲
Other amounts receivable41€148k€7k▼
Cash at bank and in hand54/58€86k€88k▲
Deferred charges and accrued income490/1€246€2k▲
Equity and liabilities
Total equity and liabilities10/49€692k€845k▲
Equity10/15€208k€251k▲
Contributions10/11€20k€20k=
Reserves13€172k€172k=
Distributable reserves133€172k€172k=
Profit (loss) carried forward14€16k€59k▲
Amounts payable17/49€485k€594k▲
Amounts payable after more than one year17€236k€300k▲
Financial debts170/4€236k€300k▲
Amounts payable within one year42/48€242k€289k▲
Current portion of amounts payable after more than one year42€41k€41k▲
Financial debts43€15k€16k▲
Credit institutions430/8€15k€16k▲
Trade debts44€91k€135k▲
Suppliers440/4€91k€135k▲
Taxes, remuneration and social security45€95k€94k▼
Taxes450/3€49k€31k▼
Remuneration and social security454/9€46k€63k▲
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3€7k€4k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€491k€863k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€137k▲
Other operating charges640/8€5k€11k▲
Non-recurring operating charges66A€8k€0▼
Gross operating margin9900€658k€1.09M▲
Operating profit (loss)9901€60k€78k▲
Financial income75/76B€5k€437▼
Recurring financial income75€5k€437▼
Financial charges65/66B€36k€24k▼
Recurring financial charges65€36k€24k▼
Profit (loss) for the period before taxes9903€29k€54k▲
Income taxes67/77€13k€11k▼
Profit (loss) for the period9904€15k€43k▲
Profit (loss) for the period to be appropriated9905€15k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€59k▲
Profit (loss) brought forward from the previous period14P€16k€16k=
Transfer to equity691/2€15k€0▼
To other reserves6921€15k€0▼
Social balance
Average headcount (FTE)908710.118.3▲
The notes to these accounts (25 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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity doublescurrent ratio 1.31
Current ratio from 0.58 to 1.31; short-term debt falls from €321k to €242k.
30-09
Financial
Equity above €200kEq €208k ▲7.9%
7 profitable years in a row build equity to €208k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €3k ▼92%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €90k ▲186%
Operating result €104k, net result €90k, both a record.
30-09
Financial
Equity above €150kEq €157k ▲135%
4 profitable years in a row build equity to €157k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
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, Kortrijk · 4 establishment units since 2017
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.
Koning Albertstraat(Kor) 158500 KortrijkGround area
764 m²
Building footprint
647 m²
Volume, LiDAR
8,288 m³
4 parcels, Flanders · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
4 establishment units
NUDE
since 20172.262.571.619
Spicy Lemon
since 20212.322.029.055
Choclo
since 20242.363.954.831
FelFeli
since 20252.377.841.370
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0028/00P006 | Flanders | 284 m² | 1 · 159 m² | 15.6 m · 2 fl. |
| 34022G0395/00D000 | Flanders | 198 m² | 1 · 198 m² | 20.7 m · 6 fl. |
| 34022E0024/00P026 | Flanders | 162 m² | 1 · 163 m² | 15.5 m · 4 fl. |
| 34022G0394/00B000 | Flanders | 121 m² | 1 · 127 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,184 EUR awarded · 2,184 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,184 EUR | 2,184 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
4 sitesKortrijk2.262.571.619
Kortrijk2.322.029.055
Kortrijk2.363.954.831
Kortrijk2.377.841.370
Dual-learning approval
5 live approvalsKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Kok duaal (so)
Restaurant en keuken duaal (so)
Similar companies · same sector, comparable size
PPA
BE 0545.932.133
Brugge · Eq €250,877
VERBO
BE 0806.168.186
Dendermonde · Eq €250,834
ZAARINE COMPANY
BE 1001.420.278
Brussel · Eq €251,212
JAXX
BE 0871.755.331
Kapellen · Eq €250,677
LIU LING FENG YE
BE 0793.858.391
Brasschaat · Eq €251,287
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,079 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
Founded10-03-2017
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.