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API RESTAURATION

Active
Public limited companyfounded 1996active for 30 yearsRue des Sandrinettes 32, 7033 Mons, BelgiumKBO/BCE: BE 0458.608.674
Summary

API RESTAURATION has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €707,440 and a net result of €123,012. Equity is shrinking by about 23% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 45% of 952 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Contract catering and other food service activities
NACE 56220
Largest employer in Mons, Accommodation and food service sector15 sites
Size
€11.4mturnover 2025
Staff
84.9 FTE
Equity
€707,440
Profit
€123,012
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
API Développement SAS
Auditor: EY Réviseurs d'entreprises2025 accounts 18 days early3 of 11 deeds summarised
Why 69raises riskSize: turnover €11.4m, 84.9 FTE, total assets €3.0mSector: Food and beverage service activities (NACE 56)Equity €707,440 (23.8% of total assets)lowers riskFounded in 1996Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 46% of its sector peers (NACE 56, medium-sized)
Financial strength · tick = 2024
Average
Solvency 49-1
equity 23.8% of total assets
Liquidity 25-3
short-term debt 71.6% · cash 11.2%
Profitability 59+23
return on assets 4.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (68 companies, NACE 56, medium-sized)
Last 24 months 11-2024: 5.0% 12-2024: 5.1%▲ +0.1 percentage points vs 11-2024 01-2025: 5.6%▲ +0.5 percentage points vs 12-2024 02-2025: 5.7%▲ +0.1 percentage points vs 01-2025 03-2025: 5.9%▲ +0.2 percentage points vs 02-2025highest value 04-2025: 5.5%▼ -0.4 percentage points vs 03-2025 05-2025: 0.4%▼ -5.1 percentage points vs 04-2025lowest value 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.4%● unchanged vs 06-2025lowest value 08-2025: 0.4%● unchanged vs 07-2025lowest value 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.1 percentage points vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.21, compared with 1.11 in 2024, below the usual 1.5; short-term debt: 71.6% and cash: 11.2% of total assets), and 76.2% of the assets are financed with debt and provisions.
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 (NACE 56, medium-sized): better than 47% on solvency, 23% on liquidity, 39% on profitability and 74% on growth.

The bankruptcy probability was computed on 30-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: turnover €11.4m, 84.9 FTE, total assets €3.0m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Equity €707,440 (23.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 filings
Deviation from the deadline
2025
18 days early
2024
3 days late
2023
2 days early
2022
14 days early
2021
13 days early
2020
12 days early
2019
12 days 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 (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 18 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-08-2026 year end31-10-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Béatrice LEFEBVRE (director) and Damien…Permanent representative: Geert Schellekens
  2. Annual accounts filedfinancial year 2025 · full…
  3. Highest result from 2019 to 2025net €123,012 ▲3,733%

Financials · financial year 2025, full format

Turnover
€11.4m▲ 10.9%
2024 · €10.3m
EBIT margin
1.5%▲ 0.6pp
2024 · 0.9%
Net result
€123,012▲ 38×
2024 · €3,209
Working capital
€439,956▲ 119%
2024 · €200,946
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

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.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€11.4m 2025 Operating result€0.2m 2025 Net result€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€13.2m-€10.9m▼ 17.2%€7.4m▼ 32.5%€9.1m▲ 23.5%€9.8m▲ 8.0%€10.3m▲ 5.0%€11.4m▲ 10.9%
Operating result€0.2m--€0.2m-€0.3m▼ 59.7%-€0.6m▼ 132%-€0.6m▲ 5.7%€0.09m€0.2m▲ 85.7%
Net result€0.04m--€0.2mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 32.1%-€0.6mbelow the sector's middle half▼ 127%-€0.7mbelow the sector's middle half▼ 4.6%€0.003mwithin the sector's middle half€0.1mabove the sector's middle half▲ 38×
EBIT margin1.2%--1.5%▼ 2.7pp-3.6%▼ 2.1pp-6.8%▼ 3.2pp-6.0%▲ 0.9pp0.9%▲ 6.9pp1.5%▲ 0.6pp
Equity€1.4m-€1.2mabove the sector's middle half▼ 15.4%€0.9mabove the sector's middle half▼ 24.0%€0.3mabove the sector's middle half▼ 71.6%-€0.4mbelow the sector's middle half€0.6mabove the sector's middle half€0.7mabove the sector's middle half▲ 21.0%
Total assets€3.1m-€2.5mabove the sector's middle half▼ 17.9%€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%€3.0mabove the sector's middle half▲ 26.1%
Debt€1.7m-€1.4m▼ 20.0%€1.0m▼ 24.1%€1.8m▲ 74.5%€2.3m▲ 28.7%€1.8m▼ 23.7%€2.3m▲ 27.7%
Working capital€1.2m-€1.0mabove the sector's middle half▼ 18.9%€0.7mabove the sector's middle half▼ 24.9%€0.04mwithin the sector's middle half▼ 94.5%-€0.7mbelow the sector's middle half€0.2mabove the sector's middle half€0.4mabove the sector's middle half▲ 119%
Solvency45.1%-46.5%within the sector's middle half▲ 1.4pp46.5%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%within the sector's middle half▼ 1.0pp
Current ratio1.74-1.73within the sector's middle half▼ 0.011.72within 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▲ 0.411.21within the sector's middle half▲ 0.09
Return on assets (ROA)1.3%--8.4%within the sector's middle half▼ 9.7pp-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%within the sector's middle half▲ 4.0pp
Staff (FTE)107.5-117above the sector's middle half▲ 8.8%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%84.9above the sector's middle half▼ 0.5%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
2025 value · change against 2024
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 observation

Of the 733 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97.4% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.0% went bankrupt
1.4% stopped otherwise
97.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 733 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 70 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.4m€3.0m▲
Fixed assets21/28€0.4m€0.4m▲
Tangible fixed assets22/27€0.4m€0.4m▲
Plant, machinery and equipment23€0.4m€0.4m▲
Furniture and vehicles24€0.02m€0.03m▲
Financial fixed assets28€0.004m€0.004m▲
Other financial fixed assets284/8€0.004m€0.004m▲
Amounts receivable and cash guarantees285/8€0.004m€0.004m▲
Current assets29/58€2.0m€2.6m▲
Stocks and contracts in progress3€0.2m€0.2m▼
Stocks30/36€0.2m€0.2m▼
Goods purchased for resale34€0.2m€0.2m▼
Amounts receivable within one year40/41€1.4m€2.0m▲
Trade receivables40€1.3m€2.0m▲
Other amounts receivable41€0.07m€0▼
Cash at bank and in hand54/58€0.4m€0.3m▼
Deferred charges and accrued income490/1€0.02m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€2.4m€3.0m▲
Equity10/15€0.6m€0.7m▲
Contributions10/11€0.6m€0.6m=
Capital10€0.6m€0.6m=
Issued capital100€0.6m€0.6m=
Reserves13€0.02m€0.03m▲
Non-distributable reserves130/1€0.02m€0.03m▲
Legal reserve130€0.02m€0.03m▲
Profit (loss) carried forward14-€0.04m€0.08m▲
Amounts payable17/49€1.8m€2.3m▲
Amounts payable within one year42/48€1.8m€2.1m▲
Trade debts44€0.5m€0.7m▲
Suppliers440/4€0.5m€0.7m▲
Taxes, remuneration and social security45€0.4m€0.3m▼
Taxes450/3€0.04m€0.04m▼
Remuneration and social security454/9€0.3m€0.3m▼
Other amounts payable47/48€0.9m€1.1m▲
Accrued charges and deferred income492/3€0.001m€0.1m▲
Income statement Code20242025
Operating income70/76A€10.4m€11.5m▲
Turnover70€10.3m€11.4m▲
Other operating income74€0.04m€0.04m▲
Non-recurring operating income76A€0.02m€0▼
Operating charges60/66A€10.3m€11.3m▲
Goods for resale, raw materials and consumables60€4.8m€5.2m▲
Purchases600/8€4.9m€5.1m▲
Change in stocks: decrease (increase)609-€0.02m€0.04m▲
Services and other goods61€1.3m€1.7m▲
Remuneration, social security and pensions62€4.0m€4.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.1m▲
Other operating charges640/8€0.01m€0.008m▼
Non-recurring operating charges66A€0.1m€0▼
Operating profit (loss)9901€0.09m€0.2m▲
Financial income75/76B€0€288▲
Recurring financial income75€0€288▲
Other financial income752/9€0€288▲
Financial charges65/66B€0.09m€0.05m▼
Recurring financial charges65€0.09m€0.05m▼
Debt charges650€0.07m€0.03m▼
Other financial charges652/9€0.02m€0.02m▲
Profit (loss) for the period before taxes9903€0.005m€0.1m▲
Income taxes67/77€0.002m€0.003m▲
Taxes670/3€0.002m€0.003m▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€0.003m€0.1m▲
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€0.003m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.4m€0.08m▲
Profit (loss) brought forward from the previous period14P-€1.4m-€0.04m▲
Transfer from equity791/2€1.4m€0▼
Withdrawal from contributions791€1.4m€0▼
Transfer to equity691/2-€0.004m
To the legal reserve6920-€0.004m
Social balance sheet
Average headcount (FTE)908785.384.9▼

The notes to these accounts (45 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Operating income70/76A---€9.2m€10.0m€10.4m€11.5m▲ 10.7%
Turnover70€13.2m€10.9m€7.4m€9.1m€9.8m€10.3m€11.4m▲ 10.9%
Other operating income74---€0.1m€0.09m€0.04m€0.04m▲ 6.8%
Non-recurring operating income76A---€0.02m€0.04m€0.02m€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---€0.02m€0.02m-€0.02m€0.04m-
Services and other goods61---€1.1m€1.0m€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€0.09m€0.07m€0.06m€0.06m€0.07m€0.09m€0.1m▲ 9.7%
Other operating charges640/8---€0.006m€0.006m€0.01m€0.008m▼ 48.7%
Non-recurring operating charges66A----€0.6m€0.1m€0▼ 100%
Operating profit (loss)9901€0.2m-€0.2m-€0.3m-€0.6m-€0.6m€0.09m€0.2m▲ 85.7%
Financial income75/76B---€0.001m€0.002m€0€288-
Recurring financial income75€0.002m€0.004m€0.006m€0.001m€0.002m€0€288-
Other financial income752/9---€0.001m€0.002m€0€288-
Financial charges65/66B---€0.02m€0.09m€0.09m€0.05m▼ 43.3%
Recurring financial charges65€0.05m€0.05m€0.02m€0.02m€0.09m€0.09m€0.05m▼ 43.3%
Debt charges650€0.01m€0.01m€0.008m€0.01m€0.06m€0.07m€0.03m▼ 55.6%
Other financial charges652/9---€0.01m€0.03m€0.02m€0.02m▲ 12.4%
Profit (loss) for the period before taxes9903€0.1m-€0.2m-€0.3m-€0.6m-€0.7m€0.005m€0.1m▲ 23×
Income taxes67/77€0.07m€0.002m€0.002m€0.002m€0.003m€0.002m€0.003m▲ 25.5%
Taxes670/3---€0.002m€0.003m€0.002m€0.003m▲ 25.5%
Tax adjustments and reversals of tax provisions77----€1€0--
Profit (loss) for the period9904€0.04m-€0.2m-€0.3m-€0.6m-€0.7m€0.003m€0.1m▲ 38×
Transfer from tax-exempt reserves789---€0.007m€0.002m€0--
Profit (loss) for the period to be appropriated9905€0.04m-€0.2m-€0.3m-€0.6m-€0.7m€0.003m€0.1m▲ 38×
Line2019202020212022202320242025Change
Assets
Total assets20/58€3.1m€2.5m€1.9m€2.1m€1.9m€2.4m€3.0m▲ 26.1%
Fixed assets21/28€0.2m€0.2m€0.2m€0.2m€0.3m€0.4m€0.4m▲ 4.9%
Tangible fixed assets22/27€0.2m€0.2m€0.2m€0.2m€0.3m€0.4m€0.4m▲ 4.9%
Plant, machinery and equipment23---€0.2m€0.2m€0.4m€0.4m▲ 1.8%
Furniture and vehicles24---€0.04m€0.03m€0.02m€0.03m▲ 62.4%
Financial fixed assets28€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m▲ 2.2%
Other financial fixed assets284/8---€0.004m€0.004m€0.004m€0.004m▲ 2.2%
Amounts receivable and cash guarantees285/8---€0.004m€0.004m€0.004m€0.004m▲ 2.2%
Current assets29/58€2.9m€2.3m€1.8m€1.8m€1.6m€2.0m€2.6m▲ 30.2%
Stocks and contracts in progress3€0.3m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 17.4%
Stocks30/36---€0.2m€0.2m€0.2m€0.2m▼ 17.4%
Goods purchased for resale34---€0.2m€0.2m€0.2m€0.2m▼ 17.4%
Amounts receivable within one year40/41€1.8m€1.1m€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---€0.06m€0.06m€0.07m€0▼ 100%
Cash at bank and in hand54/58€0.8m€1.0m€0.2m€0.4m€0.04m€0.4m€0.3m▼ 7.2%
Deferred charges and accrued income490/1---€0.009m€0.01m€0.02m€0.02m▼ 2.5%
Equity and liabilities
Total equity and liabilities10/49€3.1m€2.5m€1.9m€2.1m€1.9m€2.4m€3.0m▲ 26.1%
Equity10/15€1.4m€1.2m€0.9m€0.3m-€0.4m€0.6m€0.7m▲ 21.0%
Contributions10/11€1.0m€1.0m€1.0m€1.0m€1.0m€0.6m€0.6m=
Capital10---€1.0m€1.0m€0.6m€0.6m=
Issued capital100---€1.0m€1.0m€0.6m€0.6m=
Reserves13€0.4m€0.2m€0.03m€0.02m€0.02m€0.02m€0.03m▲ 18.9%
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.03m▲ 18.9%
Legal reserve130---€0.02m€0.02m€0.02m€0.03m▲ 18.9%
Tax-exempt reserves132---€0.002m€0---
Profit (loss) carried forward14---€0.1m-€0.8m-€1.4m-€0.04m€0.08m-
Amounts payable17/49€1.7m€1.4m€1.0m€1.8m€2.3m€1.8m€2.3m▲ 27.7%
Amounts payable after more than one year17€0.06m€0.005m€0-----
Amounts payable within one year42/48€1.6m€1.4m€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€1.0m€0.5m€0.8m€0.5m€0.5m€0.5m€0.7m▲ 56.8%
Suppliers440/4---€0.5m€0.5m€0.5m€0.7m▲ 56.8%
Taxes, remuneration and social security45---€0.3m€0.4m€0.4m€0.3m▼ 14.2%
Taxes450/3---€0.03m€0.05m€0.04m€0.04m▼ 15.3%
Remuneration and social security454/9---€0.3m€0.3m€0.3m€0.3m▼ 14.1%
Other amounts payable47/48---€1.0m€1.5m€0.9m€1.1m▲ 15.3%
Accrued charges and deferred income492/3---€0.001m€0.001m€0.001m€0.1m▲ 140×
Line2019202020212022202320242025Change
Profit (loss) for the period9904€39,280-€214,481-€283,284-€644,379-€673,903€3,209€123,012▲ 38×
+ Depreciation and write-downs630€94,438€70,637€60,753€62,118€69,637€90,792€99,619▲ 9.7%
Operating cash flow (approximation)€133,719-€143,844-€222,531-€582,261-€604,266€94,001€222,631▲ 137%
Investment in fixed assets (approximation)--€33,416-€18,877-€116,858-€133,576-€196,254-€118,289▲ 39.7%
Change in cash-€184,636-€775,999€222,976-€384,236€322,798-€25,766-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference
31-08-2025 full format 13-03-2026 2026-00055818
31-08-2024 full format 03-04-2025 2025-00066732
31-08-2023 full format 29-03-2024 2024-00056080
31-08-2022 full format 17-03-2023 2023-00042619
31-08-2021 full format 18-03-2022 2022-08000367
31-08-2020 full format 19-03-2021 2021-07900479
31-08-2019 full format 19-03-2020 2020-07200146
31-08-2018 full format 14-03-2019 2019-07100151
31-08-2017 full format 29-03-2018 2018-08400115
31-08-2016 full format 17-03-2017 2017-06700156

Show all 29 filings

Similar companies · same sector, comparable size

Of the 1,325 active companies whose main activity is contract catering and other food service activities (NACE 56220), figures are known for 425. 190 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts

9 awards · 2019 to 2026
LA PREPARATION ET LIVRAISON DE DENREES ALIMENTAIRES POUR LE SERVICE DE LIVRAISON DE REPAS A DOMICILE: 2025-060-R - 1
buyer: Centrale de Services à Domicile du Centre et de SoigniesHotel, restaurant and retail servicesawarded 22-10-2026€539,9646 tendersTED 742173-2026
Marché relatif à la fourniture, la préparation des repas ainsi que la gestion de la cuisine par un chef-gérant: CPAS-Bernissart/2026/Repas - 1
buyer: Centre Public d'Action Sociale de BernissartHotel, restaurant and retail servicesawarded 25-09-2026€243,4992 tendersTED 703473-2026
PREPARATION ET LIVRAISON AU CPAS DE REPAS INDIVIDUELS POUR LE SERVICE DE REPAS A DOMICILE DU CPAS DE MOUSCRON
buyer: CPAS de MouscronFood and beveragesawarded 24-08-2026€321,7502 tendersTED 588051-2026
CONFECTION ET LIVRAISON EN LIAISON FROIDE ET/OU CHAUDE DE REPAS ET/OU DE SANDWICHS GARNIS, DE COLLATIONS S'INSCRIVANT DANS UNE DÉMARCHE D'UNE ALIMENTATION SAINE ET DURABLE POUR LES ÉTABLISSEMENTS SCOLAIRES, LES PLAINES DE VACANCES ET LES JOURNÉES SPORTIVES: Confection et de livraison de repas en liaison froide
buyer: Ville de MonsFood and beveragesawarded 30-04-2026€677,1193 tendersTED 325481-2026
CONFECTION ET LIVRAISON EN LIAISON FROIDE ET/OU CHAUDE DE REPAS ET/OU DE SANDWICHS GARNIS, DE COLLATIONS S'INSCRIVANT DANS UNE DÉMARCHE D'UNE ALIMENTATION SAINE ET DURABLE POUR LES ÉTABLISSEMENTS SCOLAIRES, LES PLAINES DE VACANCES ET LES JOURNÉES SPORTIVES: Confection et de livraison de repas en liaison chaude
buyer: Ville de MonsFood and beveragesawarded 30-04-2026€10,3241 tenderTED 325481-2026
Show 4 more contracts
Confection et livraison de repas pour les écoles communales, les plaines communales de vacances, le centre communal de formation aux techniques sportives et les stages sportifs: Confection et livraison en liaison froide de repas à l'Internat du Centre communal de Formation aux Techniques Sportives
buyer: Ville de MouscronHotel, restaurant and retail servicesawarded 18-07-2025€195,9362 tendersTED 637786-2025
Livraison de repas en liaison froide pour les établissements scolaires
buyer: Commune de ColfontaineFood and beveragesawarded 23-01-2024€1.6m1 tenderTED 92733-2024
restauration scolaire: vd/3 - 1
buyer: ASBL Collège-Saint-AugustinLaboratory, optical and precision equipmentawarded 04-12-2023€581 tenderTED 10358-2024
Concessions for sustainable catering services in the European Parliament buildings in Brussels: Catering in the square de Meeûs building
buyer: European ParliamentHotel, restaurant and retail servicesawarded 29-07-2019€7.7m6 tendersTED 470421-2019

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.

Directors

Directors
3 directors, last change in 2024

Board 3

PLATRET Benoît
Director · since 16-02-2024
Current
Béatrice LEFEBVRE
Director · from a recent deed
Current
Damien DEBOSQUE
Director · from a recent deed
Current

Statutory auditor 1

EY Réviseurs d'entreprises
Statutory auditor · since 09-07-2024 · permanent representative: Emilie Van Callemont
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
8 of this company's 11 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

5 people since 2024, 4 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
PLATRET Benoît
  • Director, from 16-02-2024 to date
Béatrice LEFEBVREfrom an act
  • Director, since before 04-06-2026
Damien DEBOSQUEfrom an act
  • Director, since before 04-06-2026
EY Réviseurs d'entreprises
  • Statutory auditor, from 09-07-2024 to date
COGEZ Christian
  • Director, until 09-07-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

3 owners

Chain of control

  1. API Développement SASFR consolidates
  2. API RESTAURATION

Highest known parent: API Développement SAS (France). The sources do not say who stands above it.

Owners 3

Sources: the companies' annual accounts, 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.

Capital and shareholders

Capital over the years
  1. 02-08-2024 Capital increase of €1,000,000 · to €2,000,000 · 1,000,000 new shares · in cash
  2. 02-08-2024 Capital reduction of €1,400,000 · to €600,000 · to absorb losses
  3. 09-07-2024 Capital stated in the deed · €1,000,000 · 1,000,000 shares

Group and network

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors

History

On 7 August 1996, API RESTAURATION was incorporated.1 A capital increase in 2024 brought the capital to €2.0m.2 Turnover went from €13.2m in 2019 to €11.4m in 2025 and headcount from 108 to 84.9 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-08-2024
  3. 3National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-03-2027
2026
04-06
Gazette deed Reappointments: Béatrice LEFEBVRE (director) and Damien DEBOSQUE (director)
Permanent representative: Geert Schellekens7 facts ▸
  • General meeting, 27-02-2026
  • Director reappointment, Béatrice LEFEBVRE (director)
  • Director reappointment, Damien DEBOSQUE (director)
  • Other provision, 28-03-2025
  • Other provision, “tous les actes posés, décisions prises et documents signés par ces deux administrateurs depuis le 28-03-2025, ratification et confirmation des actes” (deed in French)
  • Permanent representative, Geert Schellekens
  • Other provision, “à l'unanimité, adoption de la résolution” (deed in French)
13-03
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-08
Financial Highest result from 2019 to 2025net €123,012 ▲3,733%
Operating result €176,207, net result €123,012, both a record.
03-04
NBB filing Annual accounts filed
financial year 2024 · full format · 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 €500,000equity €584,428
Equity rises from -€418,781 to €584,428.
02-08
Gazette deed Capital & shares
Capital increase · Bank account · Capital decrease6 facts ▸
  • General meeting, 23-07-2024
  • Capital increase, €1,000,000
  • Bank account, “Société, apportsennuméraire” (deed in French)
  • Capital decrease, €1,400,000
  • Amendment of the articles, 5
  • Other provision, “délivranceavanteregistrement, article173,1°bisduCodedesDroitsdEnregistrement” (deed in French)
09-07
Gazette deed Resignation: COGEZ Christian (director)
Appointments: PLATRET Benoît (director) and EY Réviseurs d'Entreprises (statutory auditor) · Permanent representative: Emilie Van Callemont · Purpose change10 facts ▸
  • General meeting, 26-06-2024
  • Purpose change
  • Amendment of the articles
  • Capital, €1,000,000
  • Director resignation, COGEZ Christian (director)
  • Director appointment, PLATRET Benoît (director)
  • Auditor appointment, EY Réviseurs d'Entreprises (statutory auditor)
  • Permanent representative, Emilie Van Callemont (représentée de manière permanente)
  • Power of attorney
  • Power of attorney, Yorik DESMYTTERE
29-03
NBB filing Annual accounts filed
financial year 2023 · full format
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
financial year 2022 · full format
2022
18-03
NBB filing Annual accounts filed
financial year 2021 · full format
Show earlier events
2021
19-03
NBB filing Annual accounts filed
financial year 2020 · full format
2020
19-03
NBB filing Annual accounts filed
financial year 2019 · full format
2019
14-03
NBB filing Annual accounts filed
financial year 2018 · full format
2018
29-03
NBB filing Annual accounts filed
financial year 2017 · full format
2017
17-03
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 29 annual accounts filed, the latest 10 are here; all 29 are under Financials.
3 of 11 deeds read
About the unread acts

Of the 11 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded07-08-1996
Financial 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 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

12 sites · 2 with a smiley
Monsunit no. 2.078.486.009
1 permission · smiley 2027FR00195 valid until 11-03-2027
Authorisation · Centrale grootkeuken · since 09-08-2007
Saint-Ghislainunit no. 2.247.484.159
1 permission · smiley 2027FR00606 valid until 20-10-2027
Authorisation · Andere grootkeuken (bereiding - distributie maaltijden) · since 06-01-2016
Charleroiunit no. 2.321.451.312
1 permission
Authorisation · Andere grootkeuken (bereiding - distributie maaltijden) · since 01-01-2023
Colfontaineunit no. 2.393.038.005
1 permission
Authorisation · Andere grootkeuken (bereiding - distributie maaltijden) · since 08-09-2026
Show 8 more sites
Elseneunit no. 2.303.308.847
1 permission
Authorisation · Andere grootkeuken (bereiding - distributie maaltijden) · since 16-09-2024
Enghien/Edingenunit no. 2.389.183.244
1 permission
Authorisation · School (bereiding - distributie maaltijden) · since 29-05-2026
Etterbeekunit no. 2.370.143.530
1 permission
Authorisation · Andere grootkeuken (bereiding - distributie maaltijden) · since 06-03-2025
Farciennesunit no. 2.391.534.010
1 permission
Authorisation · Andere grootkeuken (enkel distributie maaltijden) · since 04-08-2026
Frameriesunit no. 2.394.479.642
1 permission
Authorisation · Andere grootkeuken (bereiding - distributie maaltijden) · since 09-10-2026
Monsunit no. 2.350.170.636
1 permission
Authorisation · School (bereiding - distributie maaltijden) · since 02-10-2024
Monsunit no. 2.352.182.791
1 permission
Authorisation · School (bereiding - distributie maaltijden) · since 02-10-2024
Mont-Saint-Guibertunit no. 2.364.133.092
1 permission
Authorisation · Andere grootkeuken (enkel distributie maaltijden) · since 15-10-2024

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Mons · 15 establishment units since 2000
registered office establishment approximate 12 of 15 establishment units on the map
Ground area
101 ha
Building footprint
7.0 ha
Building volume
170,130 m³
12 parcels, Brussels, Wallonia · tallest building 32.4 m. Linked by address, not a title deed.
8 companies at this address See who is registered here
15 establishment units
Rue des Sandrinettes 32, 7033 Mons
Contract catering and other food service activities
since 2000unit no. 2.078.486.009
Crystal Computing
Parc Industr. Ghlin-Baudour Sud 100, 7331 Saint-GhislainContract catering and other food service activities
since 2015unit no. 2.247.484.159
Maison N-D du Chant d'Oiseau
Franciskanenlaan 3, 1150 Sint-Pieters-WoluweContract catering and other food service activities
since 2018unit no. 2.272.833.625
Parlement Europeen
de Meeussquare 8, 1050 ElseneContract catering and other food service activities
since 2019unit no. 2.303.308.847
ORES
Avenue Jean Mermoz 14, 6041 CharleroiContract catering and other food service activities
since 2021unit no. 2.321.451.312
St-Stanislas
Rue des Dominicains 15, 7000 MonsContract catering and other food service activities
since 2023unit no. 2.350.170.636
Show 9 more locations
Institut St-Exupéry
Rue de l'Abbaye d'Aulne(LEE) 2, 6142 Fontaine-l'EvêqueContract catering and other food service activities
since 2023unit no. 2.351.836.759
Ecole des Ursulines
Avenue du Tir 12, 7000 MonsContract catering and other food service activities
since 2023unit no. 2.352.182.791
Collège St-Augustin
Aatsesteenweg 1, 7850 EnghienContract catering and other food service activities
since 2024unit no. 2.389.183.244
MSG - Google
Rue Emile Francqui 7, 1435 Mont-Saint-GuibertContract catering and other food service activities
since 2024unit no. 2.364.133.092
GBL6
Rue des Roseaux(B) Gate3, 7331 Saint-GhislainContract catering and other food service activities
since 2024unit no. 2.365.999.254
Google
Etterbeeksesteenweg 180, 1040 BrusselContract catering and other food service activities
since 2025unit no. 2.370.143.530
Google
Rue Jean Monnet 1, 6240 FarciennesContract catering and other food service activities
since 2026unit no. 2.391.534.010
Zone de Police Boraine
Avenue Docteur Schweitzer 160, 7340 ColfontaineContract catering and other food service activities
since 2026unit no. 2.393.038.005
Parc d'Aventures Scientifiques SPARKOH
Rue de Mons 3, 7080 FrameriesContract catering and other food service activities
since 2026unit no. 2.394.479.642
12 parcels
Wallonia 9 (75%) Brussels 3 (25%)
Cadastral parcel Region Area Buildings Height / floors
53009B1000/00E007 Wallonia 87.4 ha 1 · 4.8 ha -
53404B0695/00Z000 Wallonia 3.5 ha 1 · 2,755 m² 24.6 m · 6
55010A0015/00V000 Wallonia 2.9 ha 1 · 4,395 m² -
53028A0026/00Y005
ProtectedSite or landscapeLe dispositif d'extraction et d'évacuation du puits n°11 sur le site charbonnier du Crachet, à Frameries. Ce dispositif comprend: le châssis à molettes, la galerie périphérique aérienne couverte et le bâtiment de la machine d'extrtaction (M) ainsi qu ...Source ↗
Wallonia 2.3 ha 1 · 949 m² 12.3 m · 4
53079A0672/00F000 Wallonia 2.2 ha 1 · 6,662 m² 12.1 m · 3
21442A0005/00M002 Brussels 1.1 ha 1 · 1,465 m² 32.4 m · 4
53403F0266/00S000 Wallonia 7,129 m² 1 · 1,625 m² -
52028B0313/00B002 Wallonia 6,692 m² 1 · 1,050 m² 14.4 m · 4
53019A0247/00F005 Wallonia 1,823 m² 1 · 1,087 m² 6.6 m · 2
21005A0217/00B002 Brussels 1,571 m² 1 · 1,837 m² 24.3 m · 7
52038B0470/00G000indicative Wallonia 1,505 m² 1 · 15 m² 3.4 m · 1
21684B0057/00F003 Brussels 314 m² 1 · 133 m² 12.8 m · 3
How the parcels are linked
Good to know
11 of 12 parcels with an exact address match; the rest are indicative.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
API RESTAURATION
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne” (deed in French)

deed of 09-07-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Two directors jointly
Board ruleHow the board is made up, meets and takes decisions.
One provision in the deed

deed of 09-07-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of February at 11:00

deed of 09-07-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblée générale délibérant manière requise par loi, cas prévus par loi” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 09-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Nominatives, nature des actions” (deed in French)
Other provision: “Conseil d'administration, pouvoirs de gestion” (deed in French)
Other provision: “Admission assemblée générale, informer conseil intention assister et nombre titres pour vote” (deed in French)
Other provision: “Assistent avec voix consultative seulement s'ils ont effectué formalités alinéa précédent, porteurs obligations,droits souscription ou…” (deed in French)
Other provision: “Tout actionnaire peut se faire représenter par mandataire lui-même actionnaire pourvu formalités admises accomplies, représentation…” (deed in French)
Other provision: “Procurations, écrit par lettre ou e-mail déposées sur bureau assemblée” (deed in French)
Other provision: “Actionnaires ou mandataires signent avant participer, liste de présence” (deed in French)
Other provision: “Droit de vote, à distance via moyen électronique mis à disposition sauf cas loi interdit,réputés présents pour quorum et majorité” (deed in French)
Other provision: “Répartition bénéfices, assemblée décide affectation sur proposition conseil” (deed in French)
2 more provisions in the deed, see the deed of 09-07-2024

deed of 09-07-2024