Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of API RESTAURATION is 3.7% (moderate). The 2025 annual accounts show equity of €707k and a net result of €123k. Equity is shrinking by ~18.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 48% of 63 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 8 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone3.7%
Moderate
0%0,5%1,5%4%10%≥25%
Multiple establishment units
+Higher-failure-rate sector
+Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest 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. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-08. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-08-2025, that is 31-03-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-08-2025 | 31-03-2026 | 13-03-2026 | 18 d early | 2026-00055818 |
| 31-08-2024 | 31-03-2025 | 03-04-2025 | 3 d late | 2025-00066732 |
| 31-08-2023 | 31-03-2024 | 29-03-2024 | 2 d early | 2024-00056080 |
| 31-08-2022 | 31-03-2023 | 17-03-2023 | 14 d early | 2023-00042619 |
| 31-08-2021 | 31-03-2022 | 18-03-2022 | 13 d early | 2022-08000367 |
| 31-08-2020 | 31-03-2021 | 19-03-2021 | 12 d early | 2021-07900479 |
| 31-08-2019 | 31-03-2020 | 19-03-2020 | 12 d early | 2020-07200146 |
| 31-08-2018 | 31-03-2019 | 14-03-2019 | 17 d early | 2019-07100151 |
| 31-08-2017 | 31-03-2018 | 29-03-2018 | 2 d early | 2018-08400115 |
| 31-08-2016 | 31-03-2017 | 17-03-2017 | 14 d early | 2017-06700156 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1996, 30 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
Turnover€11.44M+10.9%
EBIT margin1.5%+0.6pp
Net result€123k+3732.9%
Working capital€440k+118.9%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 13-03-2026 with the NBB · fiscal year 2025 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~122% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 56, Food & beverage service · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 23.8% | 24.3% | |
| Net result | €123k | €15k | |
| Equity | €707k | €100k | |
| Staff costs | €4.27M | €383k | |
| Employees (FTE) | 84.9 | 11.3 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P48
Weakening position over 2020-2025
· n=63-331
P85
Improving position over 2020-2025
· n=63-331
P90
Stable position over 2020-2025
· n=63-331
P95
Stable position over 2022-2025
· n=61-275
Describes the position versus peers, not a forecast.
€11.44M
+10.9%
18-25
€276k
+48.6%
18-25
€123k
+3732.9%
18-25
€223k
+136.8%
18-25
€2.97M
+26.1%
18-25
€707k
+21.0%
18-25
€440k
+118.9%
18-25
85
-0.5%
18-25
€4.27M
+7.4%
18-25
€3k
+25.5%
18-25
€2.26M
+27.7%
18-25
€2.13M
+20.1%
18-25
€0
-100.0%
18-25
1.21
+8.4%
18-25
1.12
+13.4%
18-25
23.8%
-4.0%
18-25
3.20
+5.5%
18-25
17.4%
+3066.4%
18-25
4.1%
+2940.7%
18-25
1.1%
+3355.9%
18-25
2.4%
+33.9%
18-25
8.48
+234.7%
18-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €11.44M |
| EBITDA | €276k |
| Net profit | €123k |
| Cash flow | €223k |
| Staff costs | €4.27M |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €2.97M |
| Equity | €707k |
| Debt | €2.26M |
| of which ≤ 1y | €2.13M |
| of which > 1y | - |
| Working capital | €440k |
| Employees (FTE) | 84.9 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.21 |
| Quick ratio | 1.12 |
| Working capital ratio | 14.8% |
| Solvency | 23.8% |
| Debt / equity | 3.20 |
| Long-term debt ratio | - |
| Interest coverage | 8.48 |
| Gross margin | 54.7% |
| Net margin | 1.1% |
| ROA | 4.1% |
| ROE | 17.4% |
| EBITDA margin | 2.4% |
| Days sales outstanding | 65d |
| Days payable outstanding | 52d |
| Inventory turnover | 28.31 |
| Days inventory (DSI) | 13d |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.97M |
| Fixed assets | 21/28 | €403k |
| Tangible fixed assets | 22/27 | €399k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €2.57M |
| Stocks & contracts in progress | 3 | €183k |
| Amounts receivable within one year | 40/41 | €2.03M |
| Cash & bank | 54/58 | €332k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.97M |
| Equity | 10/15 | €707k |
| Contributions / capital | 10/11 | €600k |
| Reserves | 13 | €27k |
| Accumulated profits (losses) | 14 | €81k |
| Amounts payable | 17/49 | €2.26M |
| Amounts payable within one year | 42/48 | €2.13M |
| Trade debts payable within one year | 44 | €738k |
| Income statement | ||
| Turnover | 70 | €11.44M |
| Operating result | 9901 | €176k |
| Financial income | 75 | €288 |
| Financial charges | 65 | €51k |
| Result before taxes | 9903 | €126k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €123k |
| Result to be appropriated | 9905 | €123k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed78
/ 100
Excellent
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
5 directorsCurrent directors & mandates
-
Current16-02-2024 → present
Historic, not recently confirmed (3)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2019
2 events
- 15-02-2019 Mandate renewed· Director
- 04-12-2013 Mandate renewed· Director
-
Not recently confirmedlast confirmed in an act from 2019
4 events
- 15-02-2019 Mandate renewed· Director
- 15-02-2019 Mandate renewed· Managing director
- 04-12-2013 Mandate renewed· Director
- 04-12-2013 Appointed· Managing director
-
Not recently confirmedlast confirmed in an act from 2014
Former directors (1)
-
Former04-12-2013 → 16-02-2024
3 events
- 16-02-2024 Resigned· Director
- 15-02-2019 Mandate renewed· Director
- 04-12-2013 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
1 auditor| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| EY Réviseurs d'entreprisesCurrent Statutory auditor · represented by Emilie Van Callemont |
- | 01-09-2023 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Cateringdiensten op contractbasis en overige diensten in verband met maaltijden(56220) |
| Legal form | Public limited company(014) |
| Incorporation | 07-08-1996 |
| Status | Active |
| Postal code | 7033 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Sandrinettes 327033 MonsEstablishment units
14 locationsRue des Sandrinettes 32, 7033 Mons
since 20002.078.486.009
Crystal Computing
since 20152.247.484.159
Maison N-D du Chant d'Oiseau
since 20182.272.833.625
Parlement Europeen
since 20192.303.308.847
ORES
since 20212.321.451.312
Institut St-Exupéry
since 20232.351.836.759
FNAC
since 20232.351.837.452
St-Stanislas
since 20232.350.170.636
Ecole des Ursulines
since 20232.352.182.791
Collège St-Augustin
since 20242.389.183.244
MSG - Google
since 20242.364.133.092
GBL6
since 20242.365.999.254
Google
since 20252.370.143.530
Google
since 20262.391.534.010
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels11
Ground area103 ha
Buildings11
Building footprint8.7 ha
Volume (LiDAR)321,716 m³
Tallest building32.4 m · ±7 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(9.1%)
Wallonia
7
(63.6%)
Brussels
3
(27.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53009B1000/00E007 | Wallonia | 87.4 ha | 1 · 4.8 ha | - |
| 23077C0308/00F000 | Flanders | 6.3 ha | 1 · 2.5 ha | 10.7 m · 3 fl. |
| 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 | - |
| 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. |
1 more parcel, available from Kantoor S.
See plans →Methodology
via registered seat: 1 · via establishment units: 10
10 of 11 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
8 acts Capital history · 3
02-08-2024
v3.2
19-01-2016
v3.2
24-04-2014
v3.2
All acts · 8
updated 2 months ago
2026
04-06-2026 General meeting · Officer reappointment · Pre incorporation ratification · Power of attorney
- Filing: 2028-05-27 · API RESTAURATION
- Publication: 2026-06-04 · API RESTAURATION
- General meeting: 2026-02-27 · API RESTAURATION
- Officer reappointment: role: administrateur, end_date: 2030-08-31, start_date: 2025-03-28 · API RESTAURATION
- Officer reappointment: role: administrateur, end_date: 2030-08-31, start_date: 2025-03-28 · API RESTAURATION
- Pre incorporation ratification: start_date: 2025-03-28 · API RESTAURATION
- Pre incorporation ratification: start_date: 2025-03-28 · API RESTAURATION
- Power of attorney: purpose: procéder à toute formalité nécessaire ou utile, de déposer tout document au greffe compétent et de procéder aux formalités nécessaires à la publication des décisions précitées aux Annexes du Moniteur belge, representative: Geert Schellekens · API RESTAURATION
- Act object: Renouvellement des mandats d'administrateurs
Summary:
General meeting · Officer reappointment · Pre incorporation ratification · Power of attorney
2024
02-08-2024 Capital decrease of €1,400,000 to €600,000
09-07-2024 2 directors appointed, 1 resigning
- PLATRET Benoît, Bestuurder
- Emilie Van Callemont, Commissaris
- COGEZ Christian, Bestuurder
Summary:
v3.2
2019
29-05-2019 4 reappointed
- Damien DEBOSQUE, Bestuurder
- Christian COGEZ, Bestuurder
- Béatrice LEFEBVRE, Bestuurder
- Damien DEBOSQUE, Gedelegeerd bestuurder
Summary:
v3.2
2018
22-06-2018 Change in the board of directors
Summary:
v3.2
2016
19-01-2016 Capital increase of €426,073.50 to €617,990.50
2014
24-04-2014 Capital decrease of €248,083 to €191,917
02-04-2014 1 director appointed, 4 reappointed
- Damien Debosque, Gedelegeerd bestuurder
- Damien Debosque, Bestuurder
- Jean Debosque, Bestuurder
- Béatrice Lefebvre, Bestuurder
- Christian Cogez, Bestuurder
Summary:
v3.2
Analysis
Snowflake analysis
financial profile on 5 axes62
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
78
Profitability
43
Solvency
39
Growth
48
Stability
100
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Company registry
Company registry (CBE)
Crossroads BankActivities
Catering55521Cateringdiensten op contractbasis en overige diensten in verband met maaltijden56220Overige eetgelegenheden56290
Primary activity highlighted.
Names & trade names
| Legal nameFR | API RESTAURATION |
Registered office
Rue des Sandrinettes 32
7033 Mons, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.