22
ActiveSummary
22 has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140,725 and a net result of -€47,351. The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- €140,725
- Loss
- -€47,351
- Parent
- HORECA TOTAAL BRUGGE · 100%
- Holdings
- 1
Why 65raises risk1 change of registered office in 24 monthsFounded in 2023lowers riskSize: total assets €1.0mFigures for financial year 2025 (filed 13-08-2026)Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 24% on solvency, 12% on liquidity and 13% on profitability.
The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 40 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · full…
- Permanent representative: Anthony LezyGazette deed
- Amendment of the articlesShareholding · Power of attorney…
Financials · financial year 2025, full format
2025 annual accounts filed late (13 days) Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00395548.
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €15,791 in 2025 against €3,454 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Operating charges60/66A | - | €15,791 | - |
| Services and other goods61 | - | €15,537 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,895 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €254 | - |
| Gross operating margin9900 | -€559 | - | - |
| Operating profit (loss)9901 | -€3,454 | -€15,791 | ▼ 357% |
| Financial income75/76B | €211,167 | €10,006 | ▼ 95.3% |
| Recurring financial income75 | €211,167 | €10,006 | ▼ 95.3% |
| Income from financial fixed assets750 | - | €0 | - |
| Income from current assets751 | - | €10,006 | - |
| Financial charges65/66B | €27,137 | €41,566 | ▲ 53.2% |
| Recurring financial charges65 | €27,137 | €41,566 | ▲ 53.2% |
| Debt charges650 | - | €41,206 | - |
| Other financial charges652/9 | - | €361 | - |
| Profit (loss) for the period before taxes9903 | €180,576 | -€47,351 | - |
| Profit (loss) for the period9904 | €180,576 | -€47,351 | - |
| Profit (loss) for the period to be appropriated9905 | €180,576 | -€47,351 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.2m | €1.0m | ▼ 15.9% |
| Fixed assets21/28 | €1.0m | €1.0m | = |
| Financial fixed assets28 | €1.0m | €1.0m | = |
| Affiliated companies280/1 | - | €1.0m | - |
| Participating interests280 | - | €1.0m | - |
| Current assets29/58 | €0.2m | €0.05m | ▼ 78.9% |
| Stocks and contracts in progress3 | - | €0 | - |
| Amounts receivable within one year40/41 | €0.2m | €0.03m | ▼ 85.4% |
| Trade receivables40 | €0.2m | €0 | ▼ 100% |
| Other amounts receivable41 | €0.02m | €0.03m | ▲ 61.5% |
| Cash at bank and in hand54/58 | €0.02m | €0.01m | ▼ 27.4% |
| Deferred charges and accrued income490/1 | €0.001m | €0.007m | ▲ 1,084% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.2m | €1.0m | ▼ 15.9% |
| Equity10/15 | €0.2m | €0.1m | ▼ 25.2% |
| Contributions10/11 | €0.008m | €0.008m | = |
| Reserves13 | €0.2m | €0.1m | ▼ 26.2% |
| Distributable reserves133 | €0.2m | €0.1m | ▼ 26.2% |
| Amounts payable17/49 | €1.0m | €0.9m | ▼ 14.2% |
| Amounts payable after more than one year17 | €0.4m | €0.2m | ▼ 44.3% |
| Financial debts170/4 | €0.4m | €0.2m | ▼ 44.3% |
| Credit institutions173 | - | €0.2m | - |
| Amounts payable within one year42/48 | €0.6m | €0.7m | ▲ 4.5% |
| Current portion of amounts payable after more than one year42 | €0.1m | €0.1m | ▲ 7.0% |
| Trade debts44 | - | €0.001m | - |
| Suppliers440/4 | - | €0.001m | - |
| Other amounts payable47/48 | €0.5m | €0.5m | ▲ 3.7% |
| Accrued charges and deferred income492/3 | €0.003m | €0.007m | ▲ 113% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €180,576 | -€47,351 | - |
| + Depreciation and write-downs630 | €2,895 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €183,470 | -€47,351 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€4,271 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 13-08-2026 | 2026-00395548 |
| 30-06-2024 | abbreviated format | 30-10-2024 | 2024-00519421 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerChain of control
Highest known parent: R.W.M.. The sources do not say who stands above it.
Owners 1
-
100%
According to the 2025 annual accounts of 22 and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
33.33%
According to the 2025 annual accounts of 22 and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
05-05
Gazette deed
Permanent representative: Anthony Lezy2 facts ▸
- General meeting, 31-03-2026
- Permanent representative, Anthony Lezy
26-03
Gazette deed
Amendment of the articlesShareholding · Power of attorney · Registered office clause7 facts ▸
- General meeting, 21-03-2024
- Other provision, “geldigheid beraadslaging” (deed in Dutch)
- Shareholding, HORECA TOTAAL BRUGGE
- Amendment of the articles
- Power of attorney, Indeke D’havé
- Registered office clause, “Sint-Pietersgroenestraat 8-10,8000 Brugge” (deed in Dutch)
- Power of attorney
24-12
Gazette deed
Resignations: Danny Demeyere, Dries Demeyere and Michaël Vander BrugghenAppointments: Horagro BV (director) and Figurad Bedrijfsrevisoren (statutory auditor) · Permanent representative: Roderik D'Hoore · Director discharge15 facts ▸
- General meeting, 01-12-2024
- Director resignation, Danny Demeyere (director)
- Director resignation, Dries Demeyere (director)
- Director resignation, Michaël Vander Brugghen (director)
- Director discharge, Danny Demeyere
- Director discharge, Dries Demeyere
- Director discharge, Michaël Vander Brugghen
- Director appointment, Horagro BV (director)
- Permanent representative, Roderik D'Hoore
- Auditor appointment, Figurad Bedrijfsrevisoren (statutory auditor)
- Other provision, 31-10-2024, “verklaring van eenhoofdigheid” (deed in Dutch)
- Board meeting, 01-12-2024
- +3 further facts in this act
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31808K0545/00M002 | Flanders | 1.5 ha | 1 · 6,905 m² | 10.7 m · 2 |
| 31812P0361/00T006 | Flanders | 1.4 ha | 1 · 1.8 ha | 11.1 m · 2 |
How the parcels are linked
Articles of association
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 09:00
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 26-03-2025
Read from the deeds: 2 provisions, deed of 26-03-2025