118
Dissolution or liquidationSummary
The KBO register records for 118 the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (-€227,071) and a net result of -€139,035.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€227,071
neutral · Filed after the deadline
The financial year that closed on 10-09-2025 was due by 10-04-2026 and was filed on 30-04-2026, 20 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 · 5 filingsDeviation from the deadline
2025
20 d late
2024
20 d early
2023
33 d early
2022
42 d early
2021
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Full-service restaurants sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€227,071▼ 158%
2024 · -€88,035
Total assets
€233,452▼ 49.0%
2024 · €458,008
Net result
-€139,035▲ 8.1%
2024 · -€151,350
Working capital
-€432,152▼ 27.0%
2024 · -€340,364
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,492-€52,541▲ 200%-€18,816-€136,694▼ 626%-€134,506▲ 1.6%
Net result€15,092within the sector's middle half-€50,166within the sector's middle half▲ 232%-€21,944below the sector's middle half-€151,350below the sector's middle half▼ 590%-€139,035below the sector's middle half▲ 8.1%
Equity€35,092within the sector's middle half-€85,258within the sector's middle half▲ 143%€63,314within the sector's middle half▼ 25.7%-€88,035below the sector's middle half-€227,071below the sector's middle half▼ 158%
Total assets€405,239within the sector's middle half-€394,673within the sector's middle half▼ 2.6%€492,472above the sector's middle half▲ 24.8%€458,008above the sector's middle half▼ 7.0%€233,452within the sector's middle half▼ 49.0%
Debt€370,147-€309,415▼ 16.4%€429,158▲ 38.7%€546,044▲ 27.2%€460,523▼ 15.7%
Working capital-€330,709below the sector's middle half--€262,943below the sector's middle half▲ 20.5%-€233,964below the sector's middle half▲ 11.0%-€340,364below the sector's middle half▼ 45.5%-€432,152below the sector's middle half▼ 27.0%
Solvency8.7%within the sector's middle half-21.6%within the sector's middle half▲ 12.9pp12.9%within the sector's middle half▼ 8.7pp-19.2%below the sector's middle half▼ 32.1pp-97.3%below the sector's middle half▼ 78.0pp
Current ratio0.11below the sector's middle half-0.15below the sector's middle half▲ 0.040.45below the sector's middle half▲ 0.310.38below the sector's middle half▼ 0.080.06below the sector's middle half▼ 0.31
Return on assets (ROA)3.7%within the sector's middle half-12.7%within the sector's middle half▲ 9.0pp-4.5%within the sector's middle half▼ 17.2pp-33.0%below the sector's middle half▼ 28.6pp-59.6%below the sector's middle half▼ 26.5pp
Staff (FTE)1.6below the sector's middle half-2below the sector's middle half▲ 25.0%3.2▲ 60.0%2.5▼ 21.9%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €134,506 in 2025 against €136,694 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233,452
Fixed assets
€205,081 ▼ 18.8%
Current assets
€28,370 ▼ 86.2%
Key figures and ratios
EBITDA
-€103,320▼
2024 · -€88,759
Cash flow
-€107,849▼
2024 · -€103,415
Debt to equity
-2.03▲
2024 · -6.20
Interest coverage
-24.04▼
2024 · -6.21
Debt ≤ 1 year
€460,523▼
2024 · €545,741
Income taxes
€291▼
2024 · €410
Staff costs
€45,021▼
2024 · €86,651
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €46,945 | €834 | - | €10,301 | - |
| Remuneration, social security and pensions62 | €69,707 | €76,377 | €91,316 | €86,651 | €45,021 | ▼ 48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,727 | €47,809 | €47,491 | €47,935 | €31,187 | ▼ 34.9% |
| Other operating charges640/8 | €12,359 | €4,913 | €6,573 | €13,991 | €18,176 | ▲ 29.9% |
| Non-recurring operating charges66A | - | €54 | €6,200 | - | €2,904 | - |
| Gross operating margin9900 | €132,286 | €181,694 | €132,765 | €11,882 | -€37,219 | ▼ 413% |
| Operating profit (loss)9901 | €17,492 | €52,541 | -€18,816 | -€136,694 | -€134,506 | ▲ 1.6% |
| Financial income75/76B | €182 | €265 | €187 | €58 | €60 | ▲ 3.0% |
| Recurring financial income75 | €182 | €265 | €187 | €58 | €60 | ▲ 3.0% |
| Financial charges65/66B | €2,582 | €2,640 | €3,315 | €14,304 | €4,298 | ▼ 70.0% |
| Recurring financial charges65 | €2,582 | €2,640 | €3,315 | €14,304 | €4,298 | ▼ 70.0% |
| Profit (loss) for the period before taxes9903 | €15,092 | €50,166 | -€21,944 | -€150,939 | -€138,744 | ▲ 8.1% |
| Income taxes67/77 | - | - | - | €410 | €291 | ▼ 29.0% |
| Profit (loss) for the period9904 | €15,092 | €50,166 | -€21,944 | -€151,350 | -€139,035 | ▲ 8.1% |
| Transfer to tax-exempt reserves689 | - | €46,945 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €15,092 | €3,222 | -€21,944 | -€151,350 | -€139,035 | ▲ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €405,239 | €394,673 | €492,472 | €458,008 | €233,452 | ▼ 49.0% |
| Fixed assets21/28 | €365,801 | €349,639 | €298,844 | €252,631 | €205,081 | ▼ 18.8% |
| Intangible fixed assets21 | €5,585 | €4,185 | €2,785 | €1,385 | - | - |
| Tangible fixed assets22/27 | €360,216 | €345,454 | €296,059 | €251,246 | €205,081 | ▼ 18.4% |
| Plant, machinery and equipment23 | €163,473 | €167,339 | €141,990 | €117,971 | €87,401 | ▼ 25.9% |
| Furniture and vehicles24 | €128,294 | €115,411 | €102,664 | €88,611 | €78,071 | ▼ 11.9% |
| Other tangible fixed assets26 | €68,448 | €62,705 | €51,406 | €44,665 | €39,609 | ▼ 11.3% |
| Current assets29/58 | €39,438 | €45,034 | €193,627 | €205,377 | €28,370 | ▼ 86.2% |
| Stocks and contracts in progress3 | €15,454 | €34,079 | €45,631 | €26,781 | - | - |
| Stocks30/36 | €15,454 | €34,079 | €45,631 | €26,781 | - | - |
| Amounts receivable within one year40/41 | €18,462 | €4,995 | €145,263 | €115,000 | €26,764 | ▼ 76.7% |
| Trade receivables40 | €291 | €4,995 | €15,590 | €13,241 | €26,764 | ▲ 102% |
| Other amounts receivable41 | €18,171 | - | €129,672 | €101,759 | - | - |
| Cash at bank and in hand54/58 | €4,563 | €5,960 | €2,734 | €60,903 | - | - |
| Deferred charges and accrued income490/1 | €959 | - | - | €2,693 | €1,606 | ▼ 40.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €405,239 | €394,673 | €492,472 | €458,008 | €233,452 | ▼ 49.0% |
| Equity10/15 | €35,092 | €85,258 | €63,314 | -€88,035 | -€227,071 | ▼ 158% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €15,092 | €65,258 | €65,258 | €65,258 | €65,258 | = |
| Tax-exempt reserves132 | - | €46,945 | €46,945 | €46,945 | €46,945 | = |
| Distributable reserves133 | €15,092 | €18,314 | €18,314 | €18,314 | €18,314 | = |
| Profit (loss) carried forward14 | - | - | -€21,944 | -€173,294 | -€312,329 | ▼ 80.2% |
| Amounts payable17/49 | €370,147 | €309,415 | €429,158 | €546,044 | €460,523 | ▼ 15.7% |
| Amounts payable within one year42/48 | €370,147 | €307,977 | €427,591 | €545,741 | €460,523 | ▼ 15.6% |
| Trade debts44 | €27,364 | €24,773 | €49,906 | €168,504 | €166,577 | ▼ 1.1% |
| Suppliers440/4 | €27,364 | €24,773 | €49,906 | €168,504 | €166,577 | ▼ 1.1% |
| Advances received on contracts in progress46 | €7,779 | €1,950 | €1,650 | €1,650 | - | - |
| Taxes, remuneration and social security45 | €2,902 | €19,669 | €17,566 | €128,584 | €149,344 | ▲ 16.1% |
| Taxes450/3 | - | €12,293 | €1,218 | €98,402 | €108,470 | ▲ 10.2% |
| Remuneration and social security454/9 | €2,902 | €7,375 | €16,348 | €30,182 | €40,874 | ▲ 35.4% |
| Other amounts payable47/48 | €332,102 | €261,586 | €358,469 | €247,003 | €144,602 | ▼ 41.5% |
| Accrued charges and deferred income492/3 | - | €1,438 | €1,567 | €303 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,092 | €50,166 | -€21,944 | -€151,350 | -€139,035 | ▲ 8.1% |
| + Depreciation and write-downs630 | €32,727 | €47,809 | €47,491 | €47,935 | €31,187 | ▼ 34.9% |
| Operating cash flow (approximation) | €47,819 | €97,975 | €25,548 | -€103,415 | -€107,849 | ▼ 4.3% |
| Investment in fixed assets (approximation) | - | -€31,647 | €3,303 | -€1,722 | €16,363 | ▲ 1,051% |
| Change in cash | - | €1,397 | -€3,226 | €58,169 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€151,350
Net result drops to -€151,350, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
07-02
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Antwerpen · event 20-01-2023
2022
31-12
Financial
Highest result since 2021net €50,166 ▲232%
Operating result €52,541, net result €50,166, both a record.
14-11
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 21-10-2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Hasselt · 1 establishment unit since 2020
Ground area
223 m²
Building footprint
129 m²
Volume, LiDAR
1,331 m³
Parcel 71022H1050/00A000, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
118
since 20202.310.725.981
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H1050/00A000 | Flanders | 223 m² | 1 · 129 m² | 17.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.310.725.981
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-12-2020
Fiscal year end10-09
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759489907
Also
9925:BE0759489907
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.