API RESTAURATION
ActiveSummary
The computed 12-month bankruptcy probability of API RESTAURATION is 3.7% (moderate). The 2025 annual accounts show equity of €707,440 and a net result of €123,012. Equity is shrinking by ~23% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 44% of 826 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability59▲+23
Solvency49▼-1
Growth47▲+20
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.11 in 2024; short-term debt: 71.6% and cash: 11.2% of total assets), and 76.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.8%
Return on assets
4.1%
Age of the figures
13 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 13-03-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
3 d late
2023
2 d early
2022
14 d early
2021
13 d early
2020
12 d early
2019
12 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 18 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-08-2026 close29-09-2026 today31-03-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#1 employer in Mons, Accommodation and food service sector#2 company by total assets in Mons, Accommodation and food service sector#9 company by equity in Mons, Accommodation and food service sector
Turnover
€11.4m▲ 10.9%
2024 · €10.3m
EBIT margin
1.5%▲ 0.6pp
2024 · 0.9%
Net result
€123,012▲ 3,733%
2024 · €3,209
Working capital
€439,956▲ 119%
2024 · €200,946
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
Turnover€7.4m▼ 32.5%€9.1m▲ 23.5%€9.8m▲ 8.0%€10.3m▲ 5.0%€11.4m▲ 10.9%
Operating result-€268,276▼ 59.7%-€621,198▼ 132%-€585,813▲ 5.7%€94,879€176,207▲ 85.7%
Net result-€283,284below the sector's middle half▼ 32.1%-€644,379below the sector's middle half▼ 127%-€673,903below the sector's middle half▼ 4.6%€3,209within the sector's middle half€123,012▲ 3,733%
EBIT margin-3.6%▼ 2.1pp-6.8%▼ 3.2pp-6.0%▲ 0.9pp0.9%▲ 6.9pp1.5%▲ 0.6pp
Equity€899,501above the sector's middle half▼ 24.0%€255,122above the sector's middle half▼ 71.6%-€418,781below the sector's middle half€584,428above the sector's middle half€707,440▲ 21.0%
Total assets€1.9mabove the sector's middle half▼ 24.1%€2.1mabove the sector's middle half▲ 6.5%€1.9mabove the sector's middle half▼ 7.6%€2.4mabove the sector's middle half▲ 23.8%€3.0m▲ 26.1%
Debt€1.0m▼ 24.1%€1.8m▲ 74.5%€2.3m▲ 28.7%€1.8m▼ 23.7%€2.3m▲ 27.7%
Working capital€740,929above the sector's middle half▼ 24.9%€40,941within the sector's middle half▼ 94.5%-€696,808below the sector's middle half€200,946above the sector's middle half€439,956▲ 119%
Solvency46.5%within the sector's middle half▲ 0.1pp12.4%within the sector's middle half▼ 34.1pp-22.0%below the sector's middle half▼ 34.4pp24.8%within the sector's middle half▲ 46.8pp23.8%▼ 1.0pp
Current ratio1.72within the sector's middle half▼ 0.011.02within the sector's middle half▼ 0.700.70within the sector's middle half▼ 0.321.11within the sector's middle half▲ 0.411.21▲ 0.09
Return on assets (ROA)-14.7%below the sector's middle half▼ 6.2pp-31.3%below the sector's middle half▼ 16.6pp-35.4%below the sector's middle half▼ 4.1pp0.1%within the sector's middle half▲ 35.5pp4.1%▲ 4.0pp
Staff (FTE)113.2above the sector's middle half▼ 3.2%105.9above the sector's middle half▼ 6.4%86.3above the sector's middle half▼ 18.5%85.3above the sector's middle half▼ 1.2%84.9▼ 0.5%
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.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 86% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets
€403,120 ▲ 4.9%
Current assets
€2.6m ▲ 30.2%
Equity and liabilities €3.0m
Equity
€707,440 ▲ 21.0%
Debt
€2.3m ▲ 27.7%
Debt's share of the balance-sheet total rises from 75.2% to 76.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€275,826▲
2024 · €185,670
Cash flow
€222,631▲
2024 · €94,001
Quick ratio
1.12▲
2024 · 0.99
Debt to equity
3.20▲
2024 · 3.03
ROE
17.4%▲
2024 · 0.5%
Interest coverage
8.48▲
2024 · 2.53
Debt ≤ 1 year
€2.1m▲
2024 · €1.8m
Income taxes
€2,736▲
2024 · €2,180
Staff costs
€4.3m▲
2024 · €4.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 734 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.8%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 734 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €9.2m | €10.0m | €10.4m | €11.5m | ▲ 10.7% |
| Turnover70 | €7.4m | €9.1m | €9.8m | €10.3m | €11.4m | ▲ 10.9% |
| Other operating income74 | - | €119,902 | €93,716 | €37,824 | €40,384 | ▲ 6.8% |
| Non-recurring operating income76A | - | €17,093 | €40,651 | €22,477 | €0 | ▼ 100% |
| Operating charges60/66A | - | €9.8m | €10.5m | €10.3m | €11.3m | ▲ 10.0% |
| Goods for resale, raw materials and consumables60 | - | €5.0m | €5.1m | €4.8m | €5.2m | ▲ 7.0% |
| Purchases600/8 | - | €4.9m | €5.1m | €4.9m | €5.1m | ▲ 5.8% |
| Change in stocks: decrease (increase)609 | - | €18,290 | €15,608 | -€18,828 | €38,536 | ▲ 305% |
| Services and other goods61 | - | €1.1m | €969,322 | €1.3m | €1.7m | ▲ 39.2% |
| Remuneration, social security and pensions62 | - | €3.7m | €3.8m | €4.0m | €4.3m | ▲ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,753 | €62,118 | €69,637 | €90,792 | €99,619 | ▲ 9.7% |
| Other operating charges640/8 | - | €6,000 | €6,041 | €14,736 | €7,556 | ▼ 48.7% |
| Non-recurring operating charges66A | - | - | €585,248 | €100,216 | €0 | ▼ 100% |
| Operating profit (loss)9901 | -€268,276 | -€621,198 | -€585,813 | €94,879 | €176,207 | ▲ 85.7% |
| Financial income75/76B | - | €1,265 | €1,606 | €0 | €288 | - |
| Recurring financial income75 | €5,736 | €1,265 | €1,606 | €0 | €288 | - |
| Other financial income752/9 | - | €1,265 | €1,606 | €0 | €288 | - |
| Financial charges65/66B | - | €22,656 | €87,138 | €89,489 | €50,748 | ▼ 43.3% |
| Recurring financial charges65 | €19,065 | €22,656 | €87,138 | €89,489 | €50,748 | ▼ 43.3% |
| Debt charges650 | €8,324 | €11,586 | €55,608 | €73,269 | €32,521 | ▼ 55.6% |
| Other financial charges652/9 | - | €11,070 | €31,530 | €16,221 | €18,227 | ▲ 12.4% |
| Profit (loss) for the period before taxes9903 | -€281,604 | -€642,588 | -€671,345 | €5,389 | €125,747 | ▲ 2,233% |
| Income taxes67/77 | €1,680 | €1,791 | €2,558 | €2,180 | €2,736 | ▲ 25.5% |
| Taxes670/3 | - | €1,791 | €2,559 | €2,180 | €2,736 | ▲ 25.5% |
| Tax adjustments and reversals of tax provisions77 | - | - | €1 | €0 | - | - |
| Profit (loss) for the period9904 | -€283,284 | -€644,379 | -€673,903 | €3,209 | €123,012 | ▲ 3,733% |
| Transfer from tax-exempt reserves789 | - | €6,994 | €1,921 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€276,290 | -€637,385 | -€671,982 | €3,209 | €123,012 | ▲ 3,733% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.1m | €1.9m | €2.4m | €3.0m | ▲ 26.1% |
| Fixed assets21/28 | €160,308 | €215,049 | €278,987 | €384,450 | €403,120 | ▲ 4.9% |
| Tangible fixed assets22/27 | €156,744 | €211,485 | €275,423 | €380,886 | €399,476 | ▲ 4.9% |
| Plant, machinery and equipment23 | - | €169,324 | €245,179 | €361,643 | €368,219 | ▲ 1.8% |
| Furniture and vehicles24 | - | €42,160 | €30,244 | €19,243 | €31,257 | ▲ 62.4% |
| Financial fixed assets28 | €3,564 | €3,564 | €3,564 | €3,564 | €3,644 | ▲ 2.2% |
| Other financial fixed assets284/8 | - | €3,564 | €3,564 | €3,564 | €3,644 | ▲ 2.2% |
| Amounts receivable and cash guarantees285/8 | - | €3,564 | €3,564 | €3,564 | €3,644 | ▲ 2.2% |
| Current assets29/58 | €1.8m | €1.8m | €1.6m | €2.0m | €2.6m | ▲ 30.2% |
| Stocks and contracts in progress3 | €236,717 | €218,428 | €202,820 | €221,647 | €183,112 | ▼ 17.4% |
| Stocks30/36 | - | €218,428 | €202,820 | €221,647 | €183,112 | ▼ 17.4% |
| Goods purchased for resale34 | - | €218,428 | €202,820 | €221,647 | €183,112 | ▼ 17.4% |
| Amounts receivable within one year40/41 | €1.1m | €1.2m | €1.4m | €1.4m | €2.0m | ▲ 48.0% |
| Trade receivables40 | - | €1.1m | €1.3m | €1.3m | €2.0m | ▲ 55.9% |
| Other amounts receivable41 | - | €61,532 | €60,441 | €69,912 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €196,633 | €419,609 | €35,373 | €358,171 | €332,405 | ▼ 7.2% |
| Deferred charges and accrued income490/1 | - | €9,303 | €10,645 | €17,049 | €16,621 | ▼ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.1m | €1.9m | €2.4m | €3.0m | ▲ 26.1% |
| Equity10/15 | €899,501 | €255,122 | -€418,781 | €584,428 | €707,440 | ▲ 21.0% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €600,000 | €600,000 | = |
| Capital10 | - | €1.0m | €1.0m | €600,000 | €600,000 | = |
| Issued capital100 | - | €1.0m | €1.0m | €600,000 | €600,000 | = |
| Reserves13 | €31,416 | €24,421 | €22,500 | €22,500 | €26,750 | ▲ 18.9% |
| Non-distributable reserves130/1 | - | €22,500 | €22,500 | €22,500 | €26,750 | ▲ 18.9% |
| Legal reserve130 | - | €22,500 | €22,500 | €22,500 | €26,750 | ▲ 18.9% |
| Tax-exempt reserves132 | - | €1,921 | €0 | - | - | - |
| Profit (loss) carried forward14 | -€131,915 | -€769,299 | -€1.4m | -€38,072 | €80,690 | ▲ 312% |
| Amounts payable17/49 | €1.0m | €1.8m | €2.3m | €1.8m | €2.3m | ▲ 27.7% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.0m | €1.8m | €2.3m | €1.8m | €2.1m | ▲ 20.1% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Trade debts44 | €756,151 | €480,471 | €512,341 | €470,520 | €737,903 | ▲ 56.8% |
| Suppliers440/4 | - | €480,471 | €512,341 | €470,520 | €737,903 | ▲ 56.8% |
| Taxes, remuneration and social security45 | - | €314,982 | €352,211 | €372,644 | €319,768 | ▼ 14.2% |
| Taxes450/3 | - | €28,365 | €48,919 | €41,405 | €35,082 | ▼ 15.3% |
| Remuneration and social security454/9 | - | €286,616 | €303,292 | €331,239 | €284,686 | ▼ 14.1% |
| Other amounts payable47/48 | - | €1.0m | €1.5m | €927,740 | €1.1m | ▲ 15.3% |
| Accrued charges and deferred income492/3 | - | €868 | €960 | €968 | €135,637 | ▲ 13,919% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€283,284 | -€644,379 | -€673,903 | €3,209 | €123,012 | ▲ 3,733% |
| + Depreciation and write-downs630 | €60,753 | €62,118 | €69,637 | €90,792 | €99,619 | ▲ 9.7% |
| Operating cash flow (approximation) | -€222,531 | -€582,261 | -€604,266 | €94,001 | €222,631 | ▲ 137% |
| Investment in fixed assets (approximation) | - | -€116,858 | -€133,576 | -€196,254 | -€118,289 | ▲ 39.7% |
| Change in cash | - | €222,976 | -€384,236 | €322,798 | -€25,766 | ▼ 108% |
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
Next filing, fiscal year 2026, expected by
2026
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-08
Financial
Highest result since 2019net €123,012 ▲3,733%
Operating result €176,207, net result €123,012, both a record.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2024
31-08
Financial
Back to profitnet €3,209
Net result €3,209 after 4 loss-making years.
31-08
Financial
Equity above €500,000Eq €584,428
Equity rises from -€418,781 to €584,428.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
Financial
Weakest financial yearnet -€673,903
Net result drops to -€673,903, the lowest in the series; recovery starts the following year.
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Mons · 14 establishment units since 2000
Ground area
99.0 ha
Building footprint
6.9 ha
Volume, LiDAR
159,959 m³
11 parcels, Brussels, Wallonia · tallest building 32.4 m, ±7 floors. Linked by address, not a title deed.
7
companies at this address
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14 establishment units
Rue des Sandrinettes 32, 7033 Mons
since 20002.078.486.009
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11 parcels
Wallonia
8
(72.7%)
Brussels
3
(27.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53009B1000/00E007 | Wallonia | 87.4 ha | 1 · 4.8 ha | - |
| 53404B0695/00Z000 | Wallonia | 3.5 ha | 1 · 2,755 m² | 24.6 m · 6 fl. |
| 55010A0015/00V000 | Wallonia | 2.9 ha | 1 · 4,395 m² | - |
| 53079A0672/00F000 | Wallonia | 2.2 ha | 1 · 6,662 m² | 12.1 m · 3 fl. |
| 21442A0005/00M002 | Brussels | 1.1 ha | 1 · 1,465 m² | 32.4 m · 4 fl. |
| 53403F0266/00S000 | Wallonia | 7,129 m² | 1 · 1,625 m² | - |
| 52028B0313/00B002 | Wallonia | 6,692 m² | 1 · 1,050 m² | 14.4 m · 4 fl. |
| 53019A0247/00F005 | Wallonia | 1,823 m² | 1 · 1,087 m² | 6.6 m · 2 fl. |
| 21005A0217/00B002 | Brussels | 1,571 m² | 1 · 1,837 m² | 24.3 m · 7 fl. |
| 52038B0470/00G000indicative | Wallonia | 1,505 m² | 1 · 15 m² | 3.4 m · 1 fl. |
| 21684B0057/00F003 | Brussels | 314 m² | 1 · 133 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
10 of 11 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
11 sites · 2 with a smileyMons2.078.486.009
Saint-Ghislain2.247.484.159
Charleroi2.321.451.312
Colfontaine2.393.038.005
Show 7 more sites
Elsene2.303.308.847
Enghien/Edingen2.389.183.244
Etterbeek2.370.143.530
Farciennes2.391.534.010
Mons2.350.170.636
Mons2.352.182.791
Mont-Saint-Guibert2.364.133.092
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Of 1,350 companies in sector 56220 we hold annual accounts for 406. 190 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-08-1996
Fiscal year end31-08
Activities, NACEBEL 2025
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458608674
Also
9925:BE0458608674
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.