Equity
-€44,068
Debts exceed assets in financial year 2025.
Biescuit
Overview
Lifetime
1 annual account with figurespeak -€17,894 (2025)
-€17,894
lowest -€49,068 (2025)
-€49,068
peak -€44,068 (2025)
-€44,068
€148,867
Board1 name since 2025
1 directorSMETS, Bieke
Documentsfilings and deeds
11-06-202650 days before the deadline
2025micro format
Loss of €49,068Incorporation 17-021 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€148,867 142% of the balance sheet
Financial debts 84%Suppliers 1%Taxes and wages 3%Other 12%
Of this, €23,267 falls due within a year.
Position in the sector
-€49,068
Lower net result than 95% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
Turnover not published (micro format)
Checked score
35
Weak
Financially stronger than 24% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2026: 3.9%lowest value
04-2026: 4.0%▲ +0.1 percentage points vs 03-2026
05-2026: 4.1%▲ +0.1 percentage points vs 04-2026
06-2026: 4.6%▲ +0.5 percentage points vs 05-2026
07-2026: 4.6%● unchanged vs 06-2026
08-2026: 4.9%▲ +0.3 percentage points vs 07-2026
09-2026: 5.3%▲ +0.4 percentage points vs 08-2026
10-2026: 5.5%▲ +0.2 percentage points vs 09-2026highest value
11-2026: 5.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2025
Negative equity -€44,068
Loss of €49,068 (financial year 2025)
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 9% of them on solvency, 55% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 1,322 companies had the same profile as Biescuit has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
The bankruptcy probability of Biescuit itself is higher: 5.5% within 12 months. It rests on far more data about Biescuit than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,322 companies, not a prediction for Biescuit. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.74, below 1. Short-term debt is 22.2% and cash 8.3% of total assets. Equity is negative.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
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 11-06-2026, 50 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
50 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1019959948
Incorporation
Founding capital of €5,000, 100 shares · Founder: SMETS, Bieke · Appointment: SMETS, Bieke (director) · published on 17-02-2025 · Gazette deed
First establishment
Schorvoortberg 129, Turnhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Biescuit Turnhout | €104,799 | -€17,894 | -42.1% | - |
| La-Beurre Antwerp | €113,414 | -€29,923 | -24.1% | - |
| Shine Antwerp | €93,284 | -€10,709 | -39.4% | - |
| Closte Nieuwpoort | €107,914 | -€7,761 | -13.1% | - |
| BK GRAND PLACE Halle | €101,017 | -€1,880 | 98.1% | - |
| DODYCLA Seraing | €109,249 | -€7,704 | -0.8% | - |
| BK ROGIER Halle | €106,304 | -€1,699 | 95.3% | - |
These companies have the same main activity as Biescuit: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €93,300 and €113,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 13-02-2025Normal situation
- Activity
- Full-service restaurantsNACE 56111and 4 others
- Establishment unit
- 2.370.124.4272300 Turnhout, since 13-02-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 17-03-2025
Annual accounts 2025
- -€17,894
- €49,068
- -€44,068
- €104,799
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on Biescuit
The computed 12-month bankruptcy probability of Biescuit is 5.5% (elevated). The 2025 annual accounts show negative equity (-€44,068) and a net result of -€49,068.
Its solvency ranks better than 15% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 11-06-2026, 50 days before the deadline-€17,894
-€46,577
-€49,068
-€6,057
-42.1%
0.74
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €104,799 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-42.1%
Higher than 15% of 17,158 companies in 2025.
0.74
Higher than 35% of 16,582 companies in 2025.
-46.8%
Higher than 8% of 16,665 companies in 2025.
Biescuit
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Staff
€34,162
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2025, 13 people joined and 12 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
104,799 | |
21/28 |
87,589 | |
22/27 |
86,639 | |
23 |
18,000 | |
24 |
14,004 | |
26 |
54,635 | |
28 |
950 | |
29/58 |
17,210 | |
3 |
3,503 | |
30/36 |
3,503 | |
40/41 |
3,865 | |
41 |
3,865 | |
54/58 |
8,657 | |
490/1 |
1,186 | |
| Balance sheet: equity and liabilities | ||
10/49 |
104,799 | |
10/15 |
-44,068 | |
10/11 |
5,000 | |
14 |
-49,068 | |
17/49 |
148,867 | |
17 |
125,311 | |
170/4 |
125,311 | |
42/48 |
23,267 | |
42 |
4,449 | |
44 |
2,060 | |
440/4 |
2,060 | |
45 |
3,908 | |
450/3 |
83 | |
454/9 |
3,825 | |
47/48 |
12,850 | |
492/3 |
289 | |
| Income statement | ||
9900 |
-17,894 | |
62 |
20,497 | |
630 |
6,429 | |
640/8 |
1,757 | |
9901 |
-46,577 | |
75/76B |
221 | |
75 |
221 | |
65/66B |
2,712 | |
65 |
2,712 | |
9903 |
-49,068 | |
9904 |
-49,068 | |
9905 |
-49,068 | |
| Appropriation of the result | ||
9906 |
-49,068 | |
| Social balance sheet | ||
9087 |
0.6 | |
Hours worked1013 |
1,203 | |
| Document | ||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-06-2026 | 2026-00153351 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -40,148 | ||
| -42,639 | ||
| 94,018 | ||
| -6,057 | ||
| -42.1% | ||
| 0.74 | ||
| 0.59 | ||
| -46.8% | ||
| -14.80 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| 0.6 | |
| Joined | 13 |
| Left | 12 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €93,068 |
| Financial fixed assets | €950 |
| €6,429 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Biescuit
Equity is negative. Debt (€148,867) exceeds the balance-sheet total (€104,799).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 13-02-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 11-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 17-02-2025
Mandates through the years
1 name, the dashed line is todaySMETS, Bieke
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- SMETS, Bieke
- Director (not named in the articles), from 13-02-2025 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- -€441 in 2025
- Source
- deed of 17-02-2025
Articles of association
deed of 17-02-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 20:00
Founder
At incorporation
deed of 17-02-2025 ↗
- SMETS, Bieke sole founder · 100% at incorporation
Network & group
No group
Biescuit has no parent and no holdings in its annual accounts. SMETS, Bieke is the only director. Biescuit shares no director with another company.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 50 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1019959948
IncorporationFounding capital of €5,000, 100 shares · Founder: SMETS, Bieke · Appointment: SMETS, Bieke (director) · published on 17-02-20253 points ▸
- Founder, SMETS, Bieke
- Founding capital, euro 5.000, 100 shares
- Director appointment, SMETS, Bieke (director (not named in the articles))
- The deed holds 2 more points.
First establishment Schorvoortberg 129, Turnhout
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1019.959.948
- VAT number
- BE 1019.959.948
- Peppol ID
- 0208:1019959948
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-02-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 20:00deed of 17-02-2025 (in Dutch)
- Peppol
- Reachable since 17-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Biescuit in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 17-02-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Schorvoortberg 129 bus 2, 2300 Turnhout”deed of 17-02-2025 (in Dutch)
Activities
NACEBEL 2025VAT activities
56111
Full-service restaurants main activity
56210
Event catering
Social security (RSZ) activities
56112
Limited-service restaurants, excluding mobile food services main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De uitbating voor eigen rekening of voor rekening van derden van herbergen, cafés, tavernes, restaurants, eethuizen, feestzalen, frituren…”deed of 17-02-2025 (in Dutch)
14 activities
- De uitbating voor eigen rekening of voor rekening van derden van herbergen, cafés, tavernes, restaurants, eethuizen, feestzalen, frituren, dancings, bars, hotels, motels en alle andere horeca-inrichtingen.
- De levering van alle bijkomende diensten in verband met voorgaande activiteiten.
- Restaurant van het traditionele type.
- Verkoop aan de toog van eetwaren en dranken die ter plaatse verbruikt worden en, in het algemeen in een wegwerpverpakking aangeboden worden in snelbuffetten zoals snackbars, sandwichbars en hamburgerrestaurants.
- Het organiseren en verzorgen van bruiloften, banketten, cocktails, lunches, recepties, enzovoorts;
- De groothandel in koffie, thee, cacao en specerijen.
- De kleinhandel in koffie en thee.
- Branden van koffie en verwijderen van cafeïne: vervaardigen van gemalen koffie, vervaardiging van oploskoffie, vervaardiging van extracten en concentraten van koffie.
- De kleinhandel in brood, banketbakkerswerk en suikerwerk.
- Het uitbaten van een studie-, organisatie- en adviesbureau.
- De aankoop, verhuur, onderhoud en verkoop van alle roerende goederen, desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden, zoals alle soorten materieel, gereedschappen, machines, installaties en computers, soft- en hardware.
- Het aanvragen, verwerven, verhandelen en exploiteren van licenties, octrooien, merken en dergelijke.
- Het verlenen van technische of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen; het verlenen van financiële bijstand.
- Haar patrimonium, bestaande uit onroerende en roerende goederen, te behouden, in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden.
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Schorvoortberg 129 registered office 2300 Turnhout | 13-02-2025 | 2.370.124.427 | Restaurant |
Buildings and parcels at the address
- Ground area
- 769 m²
- Buildings
- 194 m²
- Volume, LiDAR
- 142 m³
- Tallest building
- 6.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13452N1210/00P000 | 769 m² | 1 · 194 m² | 6.0 m |
Recognitions
Food safety, FASFC
1 siteTurnhoutunit number 2.370.124.427