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AU FIL DE L'EAU

Active
Private limited companyfounded 1999active for 26 yearsChemin de Tenre 77, 7800 Ath, BelgiumKBO/BCE: BE 0467.815.855
Summary

AU FIL DE L'EAU has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,754 and a net result of €57,158. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 56% of 4,800 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 02-12-1999 Normal situation
Activity
Full-service restaurants NACE 56111and 2 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2022
Establishment unit
2.093.596.332 7800 Ath, since 03-02-2000
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Board
  • ASSURANCES DES COLLINESDirector · since 28-09-2022 · permanent representative Philippe DUPAS
  • MTMS INVESTDirector · since 28-09-2022 · permanent representative Stéphane SENET
Shareholders

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€413,362
▲ 42.4%
Turnover
≈ €970,000
estimated
Profit
€57,158
▲ 139%
Equity
€53,754
▲ 29.5%
Total assets
€152,766
▼ 2.4%
Employees on 31-12-2025
14
▲ 180%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: 8.4 FTE, total assets €152,766lowers riskLiquidity: current ratio 1.23, cash €91,339Founded in 1999Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 73% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 60+8
equity 35.2% of total assets
Liquidity 67+7
short-term debt 63.5% · cash 59.8%
Profitability 100+12
return on assets 37.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.4 percentage points vs 07-2025 09-2025: 0.5%● unchanged 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: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.23 (1.04 in 2024), below the usual 1.5. Short-term debt is 63.5% and cash 59.8% of total assets. 64.8% of the assets are financed with debt and provisions.
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 55% of them on solvency, 71% on liquidity, 93% on profitability and 72% on growth.

The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.23, cash €91,339
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: 8.4 FTE, total assets €152,766
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
3 days early
2023
19 days late
2022
12 days early
2021
46 days early
2020
9 days early
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More staff in 2025from 4.5 FTE to 8.4 FTE ▲ 86.7% View
  • Positive: 8th oldest company in Ath, Accommodation and food service sectorin the Checked rankings No. 8 View
  • Positive: 6 profitable years in a rowprofit 2025: €57,158 6 years View

Recent changes

  1. · Gazette deed Company renamed from MANCHE-AUBERT to AU FIL DE L’EAU
  2. · Gazette deed Resignation: ROLAND Florian (director)
  3. · Gazette deed Registered office moved within AthNew seat: 7800 ATH, Chemin de Tenre 77 · Previous seat: Rue Le Chat, 70 à 7812 ATH · Resignations: Bernadette AUBERT (director) and Michel MANCHE (director)
All 19 events

Comparable companies

These companies have the same main activity as AU FIL DE L'EAU: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €129,000 and €201,000, founded between 1993 and 2003.

CompanyTotal assetsGross margin
AU FIL DE L'EAU Ath€152,766€413,362
SAINT-ESTEPHE Lokeren€149,404€427,039
DOMINO Antwerpen€163,734€502,182
LOANTON Affligem€129,101€442,993
DEN BEER Mechelen€201,013€428,455
GABRIELLA Knokke-Heist€197,029€506,086
Royal Knokke-Heist€173,019€430,729
Full comparison

Key facts about AU FIL DE L'EAU

What is the company number of AU FIL DE L'EAU?
The company number of AU FIL DE L'EAU is 0467.815.855. The VAT number is the same number with BE in front: BE 0467.815.855.
Where is AU FIL DE L'EAU based?
The registered office is at Chemin de Tenre 77, 7800 Ath.Company details
What does AU FIL DE L'EAU do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of AU FIL DE L'EAU?
The legal form of AU FIL DE L'EAU is Private limited company (BV).
When was AU FIL DE L'EAU founded?
AU FIL DE L'EAU was founded on 02-12-1999.
Is AU FIL DE L'EAU still active?
Yes, AU FIL DE L'EAU is an active enterprise in the KBO register.
How many employees does AU FIL DE L'EAU have?
AU FIL DE L'EAU had an average of 8.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AU FIL DE L'EAU fall under?
In its 2022 annual accounts, AU FIL DE L'EAU states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of AU FIL DE L'EAU?
The turnover in financial year 2025 is ≈ €970,000. This figure is estimated from the gross margin of €413,362 and 42 comparable companies (NACE 56111). It probably lies between €900,000 and €1.4m.
Is AU FIL DE L'EAU profitable?
In financial year 2025, AU FIL DE L'EAU made a profit of €57,158.
Where can I find the annual accounts of AU FIL DE L'EAU?
AU FIL DE L'EAU filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AU FIL DE L'EAU due?
AU FIL DE L'EAU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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