SAN MARCO
ActiveSAN MARCO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248k and a net result of €27k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 13159 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 7.68 against 5.75 in 2024; short-term debt: 10.8% and cash: 78.9% of total assets), and 10.8% 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 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
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
89.2%
Return on assets
9.8%
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
34 d early
2023
33 d early
2022
32 d late
2021
20 d early
2020
31 d late
2019
7 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€248k▲ 12.3%
2024 · €221k
2018: €99k
2019: €100k
2020: €106k
2021: €118k
2022: €146k
2023: €190k
2024: €221k
2018 → 2025
Total assets
€278k▲ 8.3%
2024 · €256k
2018: €120k
2019: €124k
2020: €116k
2021: €137k
2022: €174k
2023: €215k
2024: €256k
2018 → 2025
Net result
€27k▼ 10.1%
2024 · €30k
2018: €3k
2019: €609
2020: €6k
2021: €12k
2022: €27k
2023: €44k
2024: €30k
2018 → 2025
Working capital
€200k▲ 17.7%
2024 · €170k
2018: €92k
2019: €96k
2020: €104k
2021: €117k
2022: €145k
2023: €179k
2024: €170k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€146k▲ 23.2%€190k▲ 30.4%€221k▲ 15.9%€248k▲ 12.3%
Operating result€15k-€40k▲ 168%€55k▲ 38.9%€40k▼ 27.5%€37k▼ 6.6%
Net result€12k-€27k▲ 125%€44k▲ 61.3%€30k▼ 31.9%€27k▼ 10.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €278k
Fixed assets
€48k▼ 5.8%
Current assets
€230k▲ 11.8%
Equity and liabilities €278k
Equity
€248k▲ 12.3%
Debt
€30k▼ 16.4%
The debt ratio falls from 14.0% to 10.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2024 · €51k
Cash flow
€41k▼
2024 · €42k
Solvency
89.2%▲
2024 · 86.0%
Current ratio
7.68▲
2024 · 5.75
Quick ratio
7.40▲
2024 · 5.44
Debt / equity
0.12▼
2024 · 0.16
ROE
11.0%▼
2024 · 13.7%
ROA
9.8%▼
2024 · 11.8%
Interest coverage
71.28▲
2024 · 50.72
Debt
€30k▼
2024 · €36k
Debt ≤ 1 year
€30k▼
2024 · €36k
Income taxes
€11k▲
2024 · €10k
Staff costs
€55k▲
2024 · €50k
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€256k€278k▲
Fixed assets21/28€51k€48k▼
Tangible fixed assets22/27€51k€48k▼
Plant, machinery and equipment23€16k€22k▲
Furniture and vehicles24€34k€26k▼
Financial fixed assets28€99€99=
Current assets29/58€205k€230k▲
Stocks and contracts in progress3€11k€8k▼
Stocks30/36€11k€8k▼
Amounts receivable within one year40/41€775€760▼
Other amounts receivable41€775€760▼
Cash at bank and in hand54/58€192k€219k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€256k€278k▲
Equity10/15€221k€248k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€202k€229k▲
Tax-exempt reserves132€6k€6k=
Distributable reserves133€196k€223k▲
Amounts payable17/49€36k€30k▼
Amounts payable within one year42/48€36k€30k▼
Trade debts44€865€901▲
Suppliers440/4€865€901▲
Taxes, remuneration and social security45€35k€29k▼
Taxes450/3€25k€16k▼
Remuneration and social security454/9€10k€13k▲
Other amounts payable47/48€231€231=
Income statement
Code20242025
Remuneration, social security and pensions62€50k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲
Other operating charges640/8€505€520▲
Gross operating margin9900€102k€106k▲
Operating profit (loss)9901€40k€37k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€1k€713▼
Recurring financial charges65€1k€713▼
Profit (loss) for the period before taxes9903€41k€38k▼
Income taxes67/77€10k€11k▲
Profit (loss) for the period9904€30k€27k▼
Profit (loss) for the period to be appropriated9905€30k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€27k▼
Transfer to equity691/2€30k€27k▼
To other reserves6921€30k€27k▼
The notes to these accounts (5 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €221k ▲15.9%
7 profitable years in a row build equity to €221k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €44k ▲61.3%
Operating result €55k, net result €44k, both a record.
31-12
Financial
Equity above €150kEq €190k ▲30.4%
6 profitable years in a row build equity to €190k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 11.65
Current ratio from 4.91 to 11.65; short-term debt falls from €24k to €10k.
31-12
Financial
Equity above €100kEq €106k ▲6.4%
3 profitable years in a row build equity to €106k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €609 ▼81.8%
Net result drops to €609, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 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, Bonheiden · 1 establishment unit since 1992
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.
Dorp 662820 BonheidenGround area
464 m²
Building footprint
193 m²
Volume, LiDAR
999 m³
Parcel 12005B0377/00B002, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SAN MARCO
since 19922.056.297.357
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12005B0377/00B002 | Flanders | 464 m² | 1 · 193 m² | 9.8 m · 1 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 siteBonheiden2.056.297.357
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,778. 6,208 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-1992
Fiscal year end31-12
Activities, NACEBEL
55302
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.