PUT 19
ActivePUT 19 has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €105k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 30% of 3616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency16▼-23
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.91 against 0.77 in 2024), and 89.3% 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 · 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
10.7%
Return on assets
21%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 9 filingsDeviation from the deadline
2025
28 d late
2024
70 d late
2023
1 d early
2022
60 d late
2021
19 d early
2020
24 d late
2019
106 d early
← 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€53k
2024 · €-3k
2018: €45k
2019: €54k
2020: €9k
2021: €20k
2022: €49k
2023: €53k
2024: €-3k
2018 → 2025
Total assets
€499k▲ 9.5%
2024 · €455k
2018: €238k
2019: €359k
2020: €770k
2021: €747k
2022: €619k
2023: €637k
2024: €455k
2018 → 2025
Net result
€105k
2024 · €-57k
2018: €68k
2019: €9k
2020: €-45k
2021: €92k
2022: €79k
2023: €54k
2024: €-57k
2018 → 2025
Working capital
€-38k▲ 62.9%
2024 · €-103k
2018: €-107k
2019: €-98k
2020: €-131k
2021: €-18k
2022: €-22k
2023: €-20k
2024: €-103k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€49k▲ 141%€53k▲ 7.7%€-3k€53k
Operating result€34k-€91k▲ 171%€78k▼ 14.8%€147k▲ 89.3%€131k▼ 10.9%
Net result€92k-€79k▼ 14.6%€54k▼ 31.8%€-57k€105k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €499k
Fixed assets
€97k▼ 10.0%
Current assets
€402k▲ 15.6%
Equity and liabilities €499k
Equity
€53k
Debt
€445k
Debt finances 89.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€177k▼
2024 · €192k
Cash flow
€150k▲
2024 · €-12k
Solvency
10.7%▲
2024 · -0.7%
Current ratio
0.91▲
2024 · 0.77
Quick ratio
0.77▲
2024 · 0.66
Debt / equity
8.35
ROE
196.3%
ROA
21.0%▲
2024 · -12.4%
Interest coverage
11.68▲
2024 · 0.92
Debt
€445k▼
2024 · €459k
Debt ≤ 1 year
€440k▼
2024 · €451k
Debt > 1 year
€0▼
2024 · €6k
Income taxes
€16k▲
2024 · €43
Staff costs
€494k▼
2024 · €506k
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€455k€499k▲
Fixed assets21/28€108k€97k▼
Tangible fixed assets22/27€89k€78k▼
Plant, machinery and equipment23€35k€30k▼
Furniture and vehicles24€20k€12k▼
Other tangible fixed assets26€34k€36k▲
Financial fixed assets28€19k€19k=
Current assets29/58€348k€402k▲
Amounts receivable after more than one year29€200k€200k=
Other amounts receivable291€200k€200k=
Stocks and contracts in progress3€50k€62k▲
Stocks30/36€50k€62k▲
Amounts receivable within one year40/41€72k€86k▲
Trade receivables40€64k€67k▲
Other amounts receivable41€8k€19k▲
Cash at bank and in hand54/58€6k€18k▲
Deferred charges and accrued income490/1€21k€36k▲
Equity and liabilities
Total equity and liabilities10/49€455k€499k▲
Equity10/15€-3k€53k▲
Contributions10/11€19k€19k=
Reserves13€2k€35k▲
Distributable reserves133€2k€35k▲
Profit (loss) carried forward14€-24k€0▲
Amounts payable17/49€459k€445k▼
Amounts payable after more than one year17€6k€0▼
Financial debts170/4€6k€0▼
Amounts payable within one year42/48€451k€440k▼
Current portion of amounts payable after more than one year42€28k€6k▼
Financial debts43€796€9k▲
Credit institutions430/8€796€9k▲
Trade debts44€207k€194k▼
Suppliers440/4€207k€194k▼
Taxes, remuneration and social security45€126k€139k▲
Taxes450/3€83k€107k▲
Remuneration and social security454/9€43k€32k▼
Other amounts payable47/48€89k€91k▲
Accrued charges and deferred income492/3€2k€5k▲
Income statement
Code20242025
Non-recurring operating income76A-€63
Remuneration, social security and pensions62€506k€494k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€46k▲
Other operating charges640/8€56k€23k▼
Non-recurring operating charges66A-€16k
Gross operating margin9900€754k€710k▼
Operating profit (loss)9901€147k€131k▼
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€209k€15k▼
Recurring financial charges65€209k€15k▼
Profit (loss) for the period before taxes9903€-57k€121k▲
Income taxes67/77€43€16k▲
Profit (loss) for the period9904€-57k€105k▲
Profit (loss) for the period to be appropriated9905€-57k€105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€81k▲
Profit (loss) brought forward from the previous period14P€33k€-24k▼
Transfer to equity691/2-€33k
To other reserves6921-€33k
Profit to be distributed694/7€0€48k▲
Return on contributions (dividend)694€0-
Directors or managers695-€48k
Social balance
Average headcount (FTE)908710.99.5▼
The notes to these accounts (23 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Back to profitnet €105k
Net result €105k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 70 days late
2024
31-12
Financial
Weakest financial yearnet €-57k ▼205%
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €92k
Net result €92k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Knokke-Heist · 1 establishment unit since 2016
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.
Sparrendreef 748300 Knokke-HeistGround area
108 m²
Building footprint
108 m²
Volume, LiDAR
723 m³
Parcel 31332E0540/00_000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Put 19
since 20162.251.168.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332E0540/00_000 | Flanders | 108 m² | 1 · 108 m² | 11.0 m · 2 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 siteKnokke-Heist2.251.168.278
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,721 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2016
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:c.billiet@flamand.be
E-mail:put-19@telenet.be