SCHNITZELHAUS
ActiveThe computed 12-month bankruptcy probability of SCHNITZELHAUS is 2.2% (moderate). The 2024 annual accounts show equity of €97k and a net result of €34k. Equity is growing by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 2935 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+2
Solvency98▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 1.71 in 2023; short-term debt: 25.9% and cash: 15.2% of total assets), and 26.9% 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
84 d late
2023
84 d late
2022
92 d late
2021
31 d late
2020
31 d late
2019
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€97k▲ 36.9%
2023 · €71k
2018: €-1k
2019: €2k
2020: €37k
2021: €38k
2022: €53k
2023: €71k
2018 → 2024
Total assets
€133k▲ 10.1%
2023 · €121k
2018: €26k
2019: €22k
2020: €54k
2021: €65k
2022: €87k
2023: €121k
2018 → 2024
Net result
€34k▲ 20.2%
2023 · €28k
2018: €-7k
2019: €3k
2020: €35k
2021: €17k
2022: €15k
2023: €28k
2018 → 2024
Working capital
€75k▲ 117%
2023 · €34k
2018: €-14k
2019: €-7k
2020: €27k
2021: €-3k
2022: €23k
2023: €34k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€38k▲ 0.8%€53k▲ 40.0%€71k▲ 35.1%€97k▲ 36.9%
Operating result€46k-€31k▼ 32.3%€24k▼ 23.7%€44k▲ 82.7%€50k▲ 14.4%
Net result€35k-€17k▼ 50.8%€15k▼ 13.6%€28k▲ 89.3%€34k▲ 20.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €133k
Fixed assets
€24k▼ 36.6%
Current assets
€109k▲ 31.5%
Equity and liabilities €133k
Equity
€97k▲ 36.9%
Debt
€36k▼ 28.1%
The debt ratio falls from 41.2% to 26.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63k▼
2023 · €64k
Cash flow
€47k▼
2023 · €49k
Solvency
73.1%▲
2023 · 58.8%
Current ratio
3.16▲
2023 · 1.71
Quick ratio
3.13▲
2023 · 1.68
Debt / equity
0.37▼
2023 · 0.70
ROE
35.2%▼
2023 · 40.0%
ROA
25.7%▲
2023 · 23.5%
Interest coverage
17.76▼
2023 · 20.16
Debt
€36k▼
2023 · €50k
Debt ≤ 1 year
€35k▼
2023 · €49k
Income taxes
€13k▼
2023 · €14k
Staff costs
€21k▼
2023 · €26k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€121k€133k▲
Fixed assets21/28€38k€24k▼
Tangible fixed assets22/27€38k€24k▼
Furniture and vehicles24€38k€24k▼
Financial fixed assets28€500-
Current assets29/58€83k€109k▲
Amounts receivable after more than one year29€52k€62k▲
Trade receivables290€52k-
Other amounts receivable291-€62k
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€17k€21k▲
Trade receivables40€3k€2k▼
Other amounts receivable41€14k€19k▲
Cash at bank and in hand54/58€13k€20k▲
Deferred charges and accrued income490/1€728€5k▲
Equity and liabilities
Total equity and liabilities10/49€121k€133k▲
Equity10/15€71k€97k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€63k€89k▲
Amounts payable17/49€50k€36k▼
Amounts payable within one year42/48€49k€35k▼
Trade debts44€12k-
Suppliers440/4€12k-
Taxes, remuneration and social security45€27k€27k▼
Taxes450/3€23k€22k▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€10k€8k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20232024
Remuneration, social security and pensions62€26k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€13k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€94k€86k▼
Operating profit (loss)9901€44k€50k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Non-recurring financial charges66B-€868
Profit (loss) for the period before taxes9903€42k€47k▲
Income taxes67/77€14k€13k▼
Profit (loss) for the period9904€28k€34k▲
Profit (loss) for the period to be appropriated9905€28k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€97k▲
Profit (loss) brought forward from the previous period14P€45k€63k▲
Profit to be distributed694/7€10k€8k▼
Directors or managers695€10k€8k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 84 days late
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 84 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €35k ▲1062%
Net result €35k, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 2.58
Current ratio from 0.64 to 2.58; short-term debt falls from €20k to €17k.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 176 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 157 days late
2018
02-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 155 days late
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 138 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, Raeren · 2 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.
Aachener Strasse 64730 Raeren2 establishment units
LA SERA
since 20172.264.581.497
Haus des Döners & Haus der Pizza
since 20252.373.267.128
Recognitions · licences · registrations
Food safety, FASFC
2 sitesRaeren2.264.581.497
Raeren2.373.267.128
Similar companies · same sector, comparable size
ATLAS T LIBRAMONT
BE 0785.771.561
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Charleroi · Eq €97k
Gong Li
BE 0695.453.475
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FRITERIE LUCKY LUKE
BE 0479.943.825
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COLLU
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Châtelet · Eq €97k
Of 21,904 companies in sector 56112 we hold annual accounts for 9,781. 7,861 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2010
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.