Equity
€707,440 from €1.4m in 2017
Equity fell by 50% in 8 years.
API RESTAURATION
Lifetime
19 annual accounts with figures on one time axis, 29 filings since 1997peak €17.1m (2017)
€11.4m▲ 10.9%
lowest -€673,903 (2023)
€123,012▲ 38×
peak €1.4m (2017)
€707,440▲ 21.0%
€2.3m▲ 27.7%
peak 117 FTE (2020)
84.9 FTE▼ 0.5%
Board6 names since 2018
1 director
Owners6 names in the annual accounts
consolidates
Documentsfilings and deeds
13-03-202618 days before the deadline
2025financial year
Result from €3,209 to €123,012Equity from €584,428 to €707,440Debts from €1.8m to €2.3m1 establishment registered
Key points
from the 2025 annual accountsResult
€123,012 ▲ 38×
The result rose in 2025 from €3,209 to €123,012.
Debts
€2.3m 76% of the balance sheet
Suppliers 33%Taxes and wages 14%Other 53%
Of this, €2.1m falls due within a year.
Staff
92 employees on 31-08-2025
In 2025, 42 people joined and 30 left. On top of that, 10.8 agency workers worked there on average.
Payment terms
39 days to suppliers
API RESTAURATION pays its suppliers 11 days later than in 2024. Customers pay 19 days later.
Filings
29 annual accounts since 1997
The 2024 accounts came 3 days late. The other nine of the last ten were filed on time.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 733 companies had the same profile as API RESTAURATION has now. Each dot stands for 2 companies, two years later.
97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 733 companies, not a prediction for API RESTAURATION. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 16-02-2024
Auditor,
- 90%annual accounts 31-08-2019
- consolidatesannual accounts 31-08-2025
- 10%annual accounts 31-08-2019
Recent changes
New establishment in Frameries
Parc d'Aventures Scientifiques SPARKOH, Rue de Mons 3
New establishment in Colfontaine
Zone de Police Boraine, Avenue Docteur Schweitzer 160
New establishment in Farciennes
Google, Rue Jean Monnet 1
2 directors reappointed
and · Permanent representative: · General meeting of 27-02-2026 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| API RESTAURATION Mons | €11.4m | 1.5% | 23.8% | 84.9 |
| Food & I Antwerp | €16.7m | -4.1% | 4.9% | 129.6 |
| NEWREST BELGIUM Machelen (Brab.) | €30.3m | 2.1% | -39.5% | 150.5 |
| RAILREST Sint-Gillis (bij-Brussel) | €29.3m | 7.9% | 4.9% | 96.6 |
| AB RESTAURATION Gembloux | €33.3m | 0.5% | 14.2% | 31.9 |
| PAAS FOOD INDUSTRIES Maasmechelen | €36.6m | -6.3% | -1.3% | 25.7 |
| ALMA Leuven | €11.2m | 8.1% | 72.6% | 96.2 |
Grey: the largest companies of the sector (food and beverage service (NACE 56)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as API RESTAURATION: contract catering and other food service activities (NACE 56220). They are comparable in size and age: total assets between €5.2m and €12m, founded between 1954 and 2007.
Official details
Source: KBO- Status
- Active since 07-08-1996Normal situation
- Activity
- Contract catering and other food service activitiesNACE 56220
- Joint committee
- 302Hotels and catering · annual accounts 31-08-2024
- Establishment units
- 2.078.486.0097033 Mons, since 28-09-2000
- 2.247.484.1597331 Saint-Ghislain, since 01-11-2015and 13 others
- Financial year end
- 31 August
- Peppol
- Reachable since 17-12-2025
Annual accounts to 31-08-2025
- €3.0m▲ 26.1%
- Employeeson 31-08-2025
- 92▲ 15.0%
- Filing
- Filed on 13-03-2026, 18 days before the end of the filing period
Insights on API RESTAURATION
API RESTAURATION has existed since 1996. Turnover fell from €16.9m in 2016 to €11.4m in 2025.
Turnover has grown every year since 2021.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about API RESTAURATION
- What is the company number of API RESTAURATION?
- The company number of API RESTAURATION is 0458.608.674. The VAT number is the same number with BE in front: BE 0458.608.674.
- Where is API RESTAURATION based?
- The registered office is at Rue des Sandrinettes 32, 7033 Mons.Company details
- What does API RESTAURATION do?
- According to the KBO register, the main activity is contract catering and other food service activities (NACE 56220).
- What is the legal form of API RESTAURATION?
- API RESTAURATION is a public limited company (NV).
- When was API RESTAURATION founded?
- API RESTAURATION was founded on 07-08-1996.
- Is API RESTAURATION still active?
- Yes, API RESTAURATION is an active enterprise in the KBO register.
- How many employees does API RESTAURATION have?
- API RESTAURATION had an average of 84.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does API RESTAURATION fall under?
- In its 31-08-2024 annual accounts, API RESTAURATION states joint committee 302 (Hotels and catering).
- What is the turnover of API RESTAURATION?
- The turnover of API RESTAURATION was €11.4m in financial year 2025, according to the filed annual accounts.
- Is API RESTAURATION profitable?
- In financial year 2025, API RESTAURATION made a profit of €123,012.
- Where can I find the annual accounts of API RESTAURATION?
- API RESTAURATION filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of API RESTAURATION due?
- API RESTAURATION must file the annual accounts for financial year 2026 by 31-03-2027.Timeline
Next steps
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