ALL4SET
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of ALL4SET is 9.8% (elevated). The 2024 annual accounts show equity of €33,941 and a net result of €89,792. Equity has been shrinking by about 161% per year since 2022. If that trend continues, it turns negative around financial year 2025. Its solvency ranks better than 22% of 2,936 sector peers (NACE 56, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 24-01-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Vlamingstraat 36, 8000 Brugge
- Activity
- Full-service restaurants NACE 56111and 4 others
- Establishment units
- 2.355.848.502 8000 Brugge, since 08-02-2024
- 2.387.669.648 8000 Brugge, since 01-04-2026
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 9.8%
- Gross margin
- €340,776
- Turnover
- ≈ €800,000
- estimated
- Profit
- €89,792
- Equity
- €33,941
- Total assets
- €551,526
- ▲ 91.6%
- Staff
- 5.1 FTE
- ▲ 219%
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 08-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 5 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 1.26, cash €199,615Show the evidence
Checked score
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (NACE 56, micro). It does better than 30% of them on solvency, 72% on liquidity, 77% on profitability and 93% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 3 accounts on average 56 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 05-08-2025
- Format
- abbreviated format
- Reference
- 2025-00366547
2022 to 2024, 3 financial years
The operating result for 2024 is a profit of €100,351, after a loss of €262,373 in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Companies with the same profile, two years later
Historical observationIn July 2024, 2,157 companies had the same profile as ALL4SET has now. Two years later, 3.0% had gone bankrupt and 94.1% were still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ALL4SET itself is higher: 9.8% within 12 months. It rests on far more data about ALL4SET than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,157 companies, not a prediction for ALL4SET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €1,400 | €2,695 | €4,609 | ▲ 71.0% |
| Remuneration, social security and pensions62 | €51,065 | €58,407 | €149,625 | ▲ 156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,714 | €68,507 | €75,940 | ▲ 10.8% |
| Other operating charges640/8 | €11,036 | €9,383 | €14,860 | ▲ 58.4% |
| Non-recurring operating charges66A | - | €4,977 | - | - |
| Gross operating margin9900 | €378,828 | -€121,099 | €340,776 | - |
| Operating profit (loss)9901 | €266,014 | -€262,373 | €100,351 | - |
| Financial income75/76B | €761 | €338 | €7,186 | ▲ 21× |
| Recurring financial income75 | €761 | €338 | €7,186 | ▲ 21× |
| Financial charges65/66B | €2,724 | €6,777 | €17,371 | ▲ 156% |
| Recurring financial charges65 | €2,724 | €6,777 | €17,371 | ▲ 156% |
| Profit (loss) for the period before taxes9903 | €264,051 | -€268,812 | €90,166 | - |
| Income taxes67/77 | €60,820 | €270 | €373 | ▲ 38.1% |
| Profit (loss) for the period9904 | €203,230 | -€269,082 | €89,792 | - |
| Profit (loss) for the period to be appropriated9905 | €203,230 | -€269,082 | €89,792 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €551,809 | €287,780 | €551,526 | ▲ 91.6% |
| Fixed assets21/28 | €183,170 | €121,746 | €174,002 | ▲ 42.9% |
| Tangible fixed assets22/27 | €183,170 | €121,746 | €174,002 | ▲ 42.9% |
| Plant, machinery and equipment23 | €23,744 | €15,625 | €122,090 | ▲ 681% |
| Furniture and vehicles24 | €159,426 | €106,121 | €51,912 | ▼ 51.1% |
| Current assets29/58 | €368,639 | €166,034 | €377,523 | ▲ 127% |
| Stocks and contracts in progress3 | - | - | €12,500 | - |
| Stocks30/36 | - | - | €12,500 | - |
| Amounts receivable within one year40/41 | €196,039 | €115,040 | €162,842 | ▲ 41.6% |
| Trade receivables40 | €133,559 | €34,010 | €47,210 | ▲ 38.8% |
| Other amounts receivable41 | €62,479 | €81,030 | €115,631 | ▲ 42.7% |
| Cash at bank and in hand54/58 | €170,573 | €46,652 | €199,615 | ▲ 328% |
| Deferred charges and accrued income490/1 | €2,027 | €4,343 | €2,566 | ▼ 40.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €551,809 | €287,780 | €551,526 | ▲ 91.6% |
| Equity10/15 | €213,230 | -€55,852 | €33,941 | - |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €203,230 | -€65,852 | €23,941 | - |
| Amounts payable17/49 | €338,579 | €343,632 | €517,585 | ▲ 50.6% |
| Amounts payable after more than one year17 | €120,598 | €116,319 | €190,702 | ▲ 63.9% |
| Financial debts170/4 | €120,598 | €116,319 | €190,702 | ▲ 63.9% |
| Amounts payable within one year42/48 | €157,398 | €219,139 | €299,056 | ▲ 36.5% |
| Current portion of amounts payable after more than one year42 | €35,536 | €45,968 | €85,275 | ▲ 85.5% |
| Trade debts44 | €27,731 | €93,845 | €126,894 | ▲ 35.2% |
| Suppliers440/4 | €27,731 | €93,845 | €126,894 | ▲ 35.2% |
| Taxes, remuneration and social security45 | €94,131 | €79,326 | €86,887 | ▲ 9.5% |
| Taxes450/3 | €87,055 | €68,619 | €70,525 | ▲ 2.8% |
| Remuneration and social security454/9 | €7,076 | €10,706 | €16,362 | ▲ 52.8% |
| Accrued charges and deferred income492/3 | €60,583 | €8,174 | €27,827 | ▲ 240% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €203,230 | -€269,082 | €89,792 | - |
| + Depreciation and write-downs630 | €50,714 | €68,507 | €75,940 | ▲ 10.8% |
| Operating cash flow (approximation) | €253,944 | -€200,575 | €165,732 | - |
| Investment in fixed assets (approximation) | - | -€7,083 | -€128,196 | ▼ 1,710% |
| Change in cash | - | -€123,921 | €152,963 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Comparable companies
These companies have the same main activity as ALL4SET: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €539,000 and €688,000, founded between 2021 and 2022.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| ALL4SET Brugge | 2022 | €551,526 | €33,941 | €340,776 | €89,792 | 5.1 | 2024 |
| 4PORTUGAL Brussel | 2021 | €611,332 | €370,501 | €323,875 | €77,963 | 4.7 | 2025 |
| Knol en Kool Gent | 2022 | €542,845 | -€46,921 | €322,932 | €32 | 4.4 | 2025 |
| Gaspard Diksmuide | 2021 | €538,607 | €161,046 | €442,632 | €125,348 | 4.6 | 2025 |
| A Côté Blankenberge Blankenberge | 2022 | €621,067 | €166,975 | €422,812 | €82,035 | 4.8 | 2025 |
| SEAFOOD Koksijde | 2021 | €659,963 | €354,594 | €442,063 | €103,550 | 4.3 | 2025 |
| HOREPE Poperinge | 2022 | €688,228 | €136,565 | €367,100 | €50,022 | 3.9 | 2025 |
They were chosen from the 12,110 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Subsidies and aid
Flemish government
2023 to 2025 · 4 entries · €50,000 awarded · €12,500 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €0 |
| 2024 | 1 | €0 | €12,500 |
| 2023 | 1 | €50,000 | €0 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Van den Abeele Joeri |
|
Owners and capital
Owners
Group and network
Connections & network
1 current directorThe network starts from the directors of ALL4SET. Every other company they run is a node.
History
Acts, filings and financial milestones
31-01
Gazette deed
Registered officeRegistered-office move2 points ▸
- General meeting, 04-12-2024
- Registered-office move, Vlamingstraat 36, 8000 Brugge
12-04
Gazette deed
Registered officeRegistered-office move2 points ▸
- General meeting, 13-02-2023
- Registered-office move, Fabrieksstraat 38 bus 19,2547 Lint
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
2 establishment units
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31806F0621/00G000 | Flanders | 368 m² | 1 · 368 m² | 14.8 m · 4 |
| 31806F0630/00A000 | Flanders | 198 m² | 1 · 140 m² | 15.2 m · 4 |