Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
ALLEGRO MODERATO from Gent, company number BE0456970364, closed financial year 2024 with a result of € -153,727 after tax. For that financial year ALLEGRO MODERATO recorded a gross margin of € 191,223 and equity of € -131,504. Compared with financial year 2023, the result moved from € -21,992 to € -153,727. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ -131,504
▼ € 153,726 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -153,727
▼ 599 % more loss than in 2023
Profit after tax over the fiscal year.
€ 8,352
▼ 66% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -193,478.
People and assets in 2024
€ 285,882
▼ 7% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,829
▼ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 57,857
▲ 16% vs 2023
€ 17,043 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 93,865
▲ 45% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 79,296
▲ 103% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 478,730 | € 787,629 | € 742,312 | - | |
| Gross margin | € 197,112 | € 346,323 | € 317,725 | € 191,223 | ▼ 40% |
| Profit after taxes | € 66,420 | € 32,109 | € -21,992 | € -153,727 | ▼ € 131,735 |
| Equity | € 30,105 | € 54,214 | € 22,222 | € -131,504 | ▼ € 153,726 |
| Total debts | € 175,768 | € 144,355 | € 187,661 | € 249,804 | ▲ 33% |
| Cash | € 25,860 | € 24,474 | € 24,337 | € 8,352 | ▼ 66% |
| Land & buildings | € 11,608 | € 15,339 | € 11,821 | € 11,686 | ▼ 1% |
| Retained profit | € -31,868 | € -7,759 | € -39,751 | € -193,478 | ▼ € 153,727 |
| Dividend | € 4,000 | € 8,000 | € 10,000 | € 0 | ▼ 100% |
| Bank debt | € 79,024 | € 64,810 | € 49,710 | € 57,857 | ▲ 16% |
| Balance sheet total | € 205,873 | € 198,569 | € 209,883 | € 118,300 | ▼ 44% |
Key figures of ALLEGRO MODERATO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ALLEGRO MODERATO?
What happened at ALLEGRO MODERATO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 153,727. filed late Source: NBB ↗
- Steve De Boeck became a director. NBB
- Murtaza Minhas became a director. NBB
- Mustafa Minhas became a director. NBB
- Van Der Stockt Luc stepped down as director. NBB
- Eddy Pcyke stepped down as director. NBB
- New establishment in Gent. KBO
- Van Der Stockt Luc became a director. NBB
In short
From € 66,420 profit in 2021 to € 153,727 loss in 2024.
Best year ever: 2021, with € 66,420 profit.
Paid out € 22,000 in dividends to the owners in total.
A new publication or filing at ALLEGRO MODERATO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ALLEGRO MODERATO are Steve De Boeck, Murtaza Minhas and Mustafa Minhas. Mustafa Minhas is also behind Izza.
Directors
According to the 2024 annual accounts
Steve De Boeck
Director
since 2025
Murtaza Minhas
Director
since 2025
since 2025
Van Der Stockt Luc
Director
since 1996 · until 2025
Eddy Pcyke
Director
since 1996 · until 2025
Establishments
Establishment units
Physical locations of this company
Korenlei 7
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.970.364
- VAT number
- BE 0456.970.364
- Registered office
- Korenlei 7, 9000 Gent
- Names & denominations
- ALLEGRO MODERATO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 1996
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening