't Hellegat
ActiveThe computed 12-month bankruptcy probability of 't Hellegat is 2.4% (moderate). The 2025 annual accounts show equity of €249k and a net result of €29k. Equity is growing by ~39.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 13159 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-15
Solvency62▼-21
Growth78=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 3.34 in 2024; short-term debt: 20.6% and cash: 30% of total assets), but 63.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
36.9%
Return on assets
4.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
24 d early
2023
7 d early
2022
53 d late
2021
18 d early
2020
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€249k▲ 13.3%
2024 · €220k
2020: €15k
2021: €16k
2022: €105k
2023: €157k
2024: €220k
2020 → 2025
Total assets
€676k▲ 77.9%
2024 · €380k
2020: €135k
2021: €149k
2022: €257k
2023: €277k
2024: €380k
2020 → 2025
Net result
€29k▼ 53.5%
2024 · €63k
2020: €3k
2021: €1k
2022: €83k
2023: €52k
2024: €63k
2020 → 2025
Working capital
€140k▼ 21.3%
2024 · €178k
2020: €-68k
2021: €-66k
2022: €44k
2023: €104k
2024: €178k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€105k▲ 547%€157k▲ 49.2%€220k▲ 40.1%€249k▲ 13.3%
Operating result€3k-€94k▲ 2,791%€68k▼ 28.0%€82k▲ 21.0%€45k▼ 45.7%
Net result€1k-€83k▲ 7,336%€52k▼ 37.4%€63k▲ 21.5%€29k▼ 53.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €676k
Fixed assets
€396k▲ 216%
Current assets
€280k▲ 9.9%
Equity and liabilities €676k
Equity
€249k▲ 13.3%
Debt
€427k▲ 167%
The debt ratio rises from 42.1% to 63.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k▼
2024 · €104k
Cash flow
€73k▼
2024 · €85k
Solvency
36.9%▼
2024 · 57.9%
Current ratio
2.01▼
2024 · 3.34
Quick ratio
1.79▼
2024 · 3.09
Debt / equity
1.71▲
2024 · 0.73
ROE
11.8%▼
2024 · 28.6%
ROA
4.3%▼
2024 · 16.6%
Interest coverage
7.02▼
2024 · 25.69
Debt
€427k▲
2024 · €160k
Debt ≤ 1 year
€140k▲
2024 · €76k
Debt > 1 year
€287k▲
2024 · €84k
Income taxes
€3k▼
2024 · €15k
Staff costs
€132k▲
2024 · €102k
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€380k€676k▲
Fixed assets21/28€125k€396k▲
Intangible fixed assets21€0€0▼
Tangible fixed assets22/27€125k€396k▲
Plant, machinery and equipment23€24k€73k▲
Furniture and vehicles24€7k€16k▲
Leasing and similar rights25€0-
Other tangible fixed assets26€95k€307k▲
Current assets29/58€255k€280k▲
Stocks and contracts in progress3€19k€31k▲
Stocks30/36€19k€31k▲
Amounts receivable within one year40/41€8k€42k▲
Trade receivables40€0€2k▲
Other amounts receivable41€8k€40k▲
Cash at bank and in hand54/58€224k€203k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€380k€676k▲
Equity10/15€220k€249k▲
Contributions10/11€19k€19k=
Reserves13€202k€231k▲
Distributable reserves133€202k€231k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€160k€427k▲
Amounts payable after more than one year17€84k€287k▲
Financial debts170/4€84k€287k▲
Amounts payable within one year42/48€76k€140k▲
Current portion of amounts payable after more than one year42€6k€45k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€46k€56k▲
Suppliers440/4€46k€56k▲
Advances received on contracts in progress46€10k€13k▲
Taxes, remuneration and social security45€13k€15k▲
Taxes450/3€0€469▲
Remuneration and social security454/9€13k€14k▲
Other amounts payable47/48€2k€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€102k€132k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€43k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€227€159▼
Gross operating margin9900€209k€223k▲
Operating profit (loss)9901€82k€45k▼
Financial income75/76B€7€4▼
Recurring financial income75€7€4▼
Financial charges65/66B€4k€13k▲
Recurring financial charges65€4k€13k▲
Profit (loss) for the period before taxes9903€78k€32k▼
Income taxes67/77€15k€3k▼
Profit (loss) for the period9904€63k€29k▼
Profit (loss) for the period to be appropriated9905€63k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€202k€29k▼
Profit (loss) brought forward from the previous period14P€139k€0▼
Transfer to equity691/2€202k€29k▼
To other reserves6921€202k€29k▼
The notes to these accounts (12 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €200kEq €220k ▲40.1%
5 profitable years in a row build equity to €220k.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €150kEq €157k ▲49.2%
4 profitable years in a row build equity to €157k.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
31-03
Financial
Highest result since 2020net €83k ▲7336%
Operating result €94k, net result €83k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 1.35
Current ratio from 0.39 to 1.35.
31-03
Financial
Equity above €100kEq €105k ▲547%
3 profitable years in a row build equity to €105k.
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €1k ▼59.5%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Heuvelland · 2 establishment units since 2018
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.
Rodebergstraat(West) 398954 HeuvellandGround area
2,677 m²
Building footprint
405 m²
Volume, LiDAR
1,619 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Eetkaffee 't Hellegat
since 20182.275.737.883
Romiel
since 20182.275.738.279
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33030C0301/00N000 | Flanders | 1,725 m² | 1 · 181 m² | 7.8 m · 2 fl. |
| 33030C0295/00H000 | Flanders | 953 m² | 1 · 224 m² | 9.8 m · 1 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHeuvelland2.275.737.883
Heuvelland2.275.738.279
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,453. 8,086 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2018
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
47251Retail sale of wines and spirits
56210Event catering
56301Cafés and bars
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.