Active BE 0462.606.559Private limited company (pre-2019)

Schwenroe

Vlamingstraat 83A ·8301 Knokke-Heist, Belgium· 28 yrs active

Sector: Full-service restaurants (56111)

Conclusion Checked

The computed 12-month bankruptcy probability of Schwenroe is 1.7% (moderate). The 2024 annual accounts show equity of €55k and a net result of €39k. Its solvency ranks better than 40% of 552 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€55k
Net result	€39k
Staff (FTE)	20.5
Better than sector	40%

Financial profile 5 of 5 axes measured · computed by Checked

71 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 56

Profitability 100

Solvency 19

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.7% Moderate

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1998, 28 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

56 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€3k

estimate, not credit advice

Score history

10 2023

56 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.96 (< 1.0) -10

Leverage Debt/equity 7.15 (> 3.0) -10

Profitability ROE 71% (≥ 10%) +10

Interest coverage Interest coverage 9.5× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview26 NBB filings

Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · abbreviated schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 56, Food and beverage service activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	12.3%	18.9%	better than 40% of 552 sector peers
Net result	€39k	€19k	better than 63% of 551 sector peers
Equity	€55k	€64k	better than 47% of 552 sector peers
Gross operating margin	€924k	€293k	better than 88% of 549 sector peers
Staff costs	€850k	€239k	higher than 92% of 478 sector peers

EBITDA

€69k

- 23-24

Net profit

€39k

- 23-24

Cash flow

€69k

- 23-24

Total assets

€447k

+7.4% 23-24

Equity

€55k

+243.2% 23-24

Working capital

€-15k

+80.6% 23-24

Employees (FTE)

21

+8.5% 23-24

Staff costs

€850k

-2.3% 23-24

Income taxes

€140

+13.2% 23-24

Debt

€392k

-2.0% 23-24

Debt ≤ 1y

€392k

-2.0% 23-24

Current ratio

0.96

+19.2% 23-24

Quick ratio

0.86

+20.4% 23-24

Solvency

12.3%

+219.5% 23-24

Debt / equity

7.15

-71.4% 23-24

ROE

70.9%

- 23-24

ROA

8.7%

- 23-24

Interest coverage

9.45

- 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023
Deposit	abbreviated schema	abbreviated schema
Revenue	-	-
EBITDA	€69k	€-103k
Net profit	€39k	€-155k
Cash flow	€69k	€-109k
Staff costs	€850k	€870k
Income taxes	€140	€123
Dividends	-	-
Total assets	€447k	€416k
Equity	€55k	€16k
Debt	€392k	€400k
of which ≤ 1y	€392k	€400k
of which > 1y	-	-
Working capital	€-15k	€-77k
Employees (FTE)	20.5	18.9

Ratios (computed)

	2024	2023
Current ratio	0.96	0.81
Quick ratio	0.86	0.72
Working capital ratio	-3.4%	-18.6%
Solvency	12.3%	3.8%
Debt / equity	7.15	25.05
Long-term debt ratio	-	-
Interest coverage	9.45	-9.54
Gross margin	-	-
Net margin	-	-
ROA	8.7%	-37.3%
ROE	70.9%	-971.9%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €70k · 15.6% Current assets €377k · 84.4%

Equity & liabilities

Equity €55k · 12.3% Debt €392k · 87.7%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€447k	€416k
Fixed assets	21/28	€70k	€93k
Tangible fixed assets	22/27	€55k	€78k
Financial fixed assets	28	€15k	€15k
Current assets	29/58	€377k	€323k
Stocks & contracts in progress	3	€39k	€36k
Amounts receivable within one year	40/41	€217k	€186k
Cash & bank	54/58	€117k	€94k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€447k	€416k
Equity	10/15	€55k	€16k
Contributions / capital	10/11	€25k	€25k
Reserves	13	€235k	€235k
Accumulated profits (losses)	14	€-204k	€-243k
Amounts payable	17/49	€392k	€400k
Amounts payable within one year	42/48	€392k	€400k
Trade debts payable within one year	44	€285k	€219k
Income statement
Gross operating margin	9900	€924k	€769k
Operating result	9901	€38k	€-149k
Financial income	75	€8k	€5k
Financial charges	65	€7k	€11k
Result before taxes	9903	€39k	€-155k
Income taxes	67/77	€140	€123
Net result for the period	9904	€39k	€-155k
Result to be appropriated	9905	€39k	€-155k

Legal Structure

NACE primary	Full-service restaurants(56111)
Legal form	Private limited company (pre-2019)(015)
Incorporation	17-02-1998
Status	Active
Postal code	8301

Establishment units 2 locations

POUSSE CAFE

Vlamingstraat 83 A, 8301 Knokke-HeistNACE 1513103

since 19982.085.472.680

Cultuurcafe

Meerlaan 32, 8300 Knokke-HeistManufacture of food products

since 20142.245.370.351

Real-estate footprint Source: CBE × cadastre

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31013C0158/00C000	Flanders	5.7 ha	-	-
31008I0855/00A000	Flanders	523 m²	1 · 467 m²	20.4 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 11Financial 1Filings 10

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 61 days late

2024

31-12

Financial Back to profitnet €39k

Net result €39k after one loss-making year.

08-10

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 69 days late

2023

30-09

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 61 days late

03-04

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 246 days late

2021

30-10

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 91 days late

2020

13-11

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 105 days late

2019

10-10

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 71 days late

2018

17-09

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 48 days late

2016

09-12

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 131 days late

01-04

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 245 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

55302Full-service restaurants56101Limited-service restaurants56102Full-service restaurants56111Limited-service restaurants, excluding mobile food services56112

Names & trade names

Legal nameNL

Schwenroe

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