Debts
€357,831 85% of the balance sheet
Financial debts 78%Suppliers 4%Taxes and wages 0%Other 17%
Of this, €73,945 falls due within a year.
BELLE BISTRO TEAROOM
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005Gross marginpeak €192,842 (2017)
€53,931▼ 29.2%
Resultlowest -€38,092 (2016)
-€19,905▼ €22,708
Equitypeak €85,233 (2024)
€65,328▼ 23.4%
Debts
€357,831▼ 13.9%
Staffpeak 2 FTE (2009)
-not published
Board1 name since 2011
1 directorVeronique Depaepe
Documentsfilings and deeds
21-05-202621 days late
2025micro format
Gross margin from €76,202 to €53,931Loss of €19,905Equity from €85,233 to €65,328Cash from €6,929 to €12,308
Key points
from the 2025 annual accountsFilings
21 annual accounts since 2005
Four of the last ten came late. The 2022 accounts came latest: 22 days after the end of the period.
Position in the sector
-€19,905
Lower net result than 87% of companies in food and beverage service. Sector median €4,882 · 17,031 companies.
Checked score
67
Healthy
Financially stronger than 34% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,779 companies (NACE 56, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%lowest value
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.8%▲ +0.2 percentage points vs 03-2025
05-2025: 1.2%▲ +0.4 percentage points vs 04-2025highest value
06-2025: 0.6%▼ -0.6 percentage points vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.2 percentage points vs 03-2026
05-2026: 1.2%▲ +0.4 percentage points vs 04-2026
06-2026: 0.9%▼ -0.3 percentage points vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Equity €65,328 (15.4% of total assets)
lowers risk
Size: total assets €423,159
Founded in 2004
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 38% of them on solvency, 46% on liquidity, 31% on profitability and 23% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as BELLE BISTRO TEAROOM has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.1%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BELLE BISTRO TEAROOM itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,450 companies, not a prediction for BELLE BISTRO TEAROOM. 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
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.49 (0.82 in 2024), below 1. Short-term debt is 17.5% and cash 2.9% of total assets. 84.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-05-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
21 days late
2024
2 days early
2023
2 days late
2022
22 days late
2021
30 days early
2020
29 days early
2019
22 days early
← 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 5 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 financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 3 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
Recent changes
Amendment of the articles · Legal-form change
Director in office: Veronique Depaepe (sole director (not named in the articles)) · Gazette deed
Incorporation
published on 10-09-2004 · Gazette deed
First establishment
Eet- en desserthuis Gentstraat 18 bvba, Gentsestraat 18, Izegem
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| BELLE BISTRO TEAROOM Izegem | €423,159 | €53,931 | 15.4% | - |
| DE NIEUWPOORTSE MARKT Nieuwpoort | €386,071 | €60,650 | -25.8% | - |
| BRUMARE Middelkerke | €391,364 | €55,990 | 50.2% | 0 |
| MAMAMO Wevelgem | €459,630 | €59,553 | 16.7% | - |
| BUDS-DIVING Overijse | €478,003 | €54,874 | -5.1% | - |
| ISOLA BELLA Lievegem | €432,755 | €64,150 | 56.3% | - |
| NIKAT Brakel | €424,971 | €55,493 | -1.6% | - |
These companies have the same main activity as BELLE BISTRO TEAROOM: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €386,000 and €478,000, founded between 2001 and 2005.
Official details
Source: KBO- Status
- Active since 02-09-2004Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Joint committee
- 302Hotels and catering · annual accounts 30-09-2025
- Establishment unit
- 2.139.510.3908870 Izegem, since 02-09-2004
- Financial year end
- 30 September
- Peppol
- Reachable
Annual accounts to 30-09-2025
- Turnover
- ≈ €170,000estimated
- Total assets
- €423,159▼ 15.5%
- Staff
- ≈ 0.1 FTEestimated
- Filing
- Filed on 21-05-2026
Insights on BELLE BISTRO TEAROOM
BELLE BISTRO TEAROOM files the micro format. That format states no turnover. The gross margin fell from €60,554 in 2007 to €53,931 in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets, financed with long-term debt.
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 BELLE BISTRO TEAROOM
- What is the company number of BELLE BISTRO TEAROOM?
- The company number of BELLE BISTRO TEAROOM is 0867.051.722. The VAT number is the same number with BE in front: BE 0867.051.722.
- Where is BELLE BISTRO TEAROOM based?
- The registered office is at Gentsestraat 18, 8870 Izegem.Company details
- What does BELLE BISTRO TEAROOM do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of BELLE BISTRO TEAROOM?
- BELLE BISTRO TEAROOM is a private limited company (BV).
- When was BELLE BISTRO TEAROOM founded?
- BELLE BISTRO TEAROOM was founded on 02-09-2004.
- Is BELLE BISTRO TEAROOM still active?
- Yes, BELLE BISTRO TEAROOM is an active enterprise in the KBO register.
- How many employees does BELLE BISTRO TEAROOM have?
- BELLE BISTRO TEAROOM had an average of 0.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does BELLE BISTRO TEAROOM fall under?
- In its 30-09-2025 annual accounts, BELLE BISTRO TEAROOM states joint committee 302 (Hotels and catering).
- What is the turnover of BELLE BISTRO TEAROOM?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €53,931 and 72 comparable companies (NACE 56111). It probably lies between €140,000 and €230,000.
- Is BELLE BISTRO TEAROOM profitable?
- In financial year 2025, BELLE BISTRO TEAROOM made a loss of €19,905.
- Where can I find the annual accounts of BELLE BISTRO TEAROOM?
- BELLE BISTRO TEAROOM filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELLE BISTRO TEAROOM due?
- BELLE BISTRO TEAROOM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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