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BREST

Active Private limited companyfounded 2000active for 25 yearsMechelsesteenweg 40, 1910 KampenhoutKBO/BCE: BE 0473.458.681 subsidiary of MAMEDA#2 company by total assets in Kampenhout, Accommodation and food service sector

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €1.5m (2025)
€1.5m▲ 9.2%
lowest -€88,243 (2018)
€47,156▲ 31.6%
peak €181,797 (2025)
€181,797▲ 35.0%
€480,657▼ 34.5%
peak 30 FTE (2025)
30 FTE▲ 13.6%
Board2 names since 2019
1 directorMAMEDA
Owners
100%MAMEDA
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Result from €35,830 to €47,156Staff from 26.4 FTE to 30 FTEEquity from €134,641 to €181,797Debts from €733,569 to €480,657Cash from €507,476 to €229,939

Key points

from the 2025 annual accounts

Equity

€181,797 ▲ 35.0%

BREST has made a profit without a break since 2019.

Turnover

≈ €2.6m estimated

The abbreviated format states no turnover.

Debts

€480,657 73% of the balance sheet
Financial debts 3%Suppliers 70%Taxes and wages 25%Other 2%

Of this, €464,122 falls due within a year.

Staff

23 employees on 31-12-2025
1,6861,69320212,2302,22720222,7492,74220231,8611,8632025

In 2025, 1,861 short contracts started and 1,863 ended, on average 27 hours worked per contract. Staff averaged 30 full-time equivalents.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Three of the last ten came late. The 2024 accounts came latest: 61 days after the end of the period.

Position in the sector

€1.5m

Higher gross margin than 95% of companies in food and beverage service. Sector median €228,348 · 4,820 companies.

Checked score

72
Healthy
Financially stronger than 65% of small companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.3%▼ -0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025lowest value 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.6%▼ -0.4 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026

Financial strength
Strong

52+11equity 27.4% of total assets
56+1short-term debt 70.1% · cash 34.7%
78+4return on assets 7.1%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 1.02, cash €229,939, halved
Founded in 2000
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, small). It does better than 49% of them on solvency, 64% on liquidity, 65% on profitability and 82% on growth.

The bankruptcy probability was computed on 08-11-2026 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 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, 2,613 companies had the same profile as BREST has now. Each dot stands for 7 companies, two years later.

97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BREST itself: 0.6% within 12 months.

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.

The companies in ten equal groups, from the lowest to the 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%

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 2,613 companies, not a prediction for BREST. 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 €13,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.02 (0.88 in 2024), below the usual 1.5. Short-term debt is 70.1% and cash 34.7% of total assets. 72.6% 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 · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.02, cash €229,939, halved
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2000
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 · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 days late
2024
61 days late
2023
30 days late
2022
12 days early
2021
11 days early
2020
10 days early
2019
11 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 11 days after 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 31 August (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

Board and ownership

M
Director, CLEYNHENS David
  • MAMEDA 100%score 68equity €3.1m (2025) · 2025 annual accounts of MAMEDA
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0473458681
Legal-form change · Resignations & appointments Resignation: MAMEDA (director) · Appointment: MAMEDA (director) · Permanent representative: CLEYNHENS David · General meeting of 04-11-2021 · Gazette deed
Registered office moved from Bertem to Kampenhout New registered office: Mechelsesteenweg 40 te B-1910 Kampenhout · Previous registered office: Dorpstraat 26 te B-3060 Bertem · Resignation: BOLLEN Ludo (manager) · General meeting of 29-11-2019 · Gazette deed
First establishment MC DONALD'S, Mechelsesteenweg 40, Kampenhout
All 37 events

Comparable companies

same main activity, similar in size and age
Company
BREST Kampenhout €662,454 €1.5m 27.4% 30
RESTAURATION IMPERIALE Charleroi €658,186 €1.4m 13.1% 30
ANTARES Mouscron €755,545 €1.5m -15.2% 28.9
SORELUX Overijse €947,420 €1.5m 56.4% 34.5
KORFMAKER Antwerp €710,498 €1.3m 30.8% 24.2
ERDECEE Maldegem €716,706 €1.8m 19.5% 26.6
CODISPEED Gesves €718,303 €1.2m 19.0% 24.7

These companies have the same main activity as BREST: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €658,000 and €947,000, founded between 1996 and 2003.

Official details

Source: KBO
Status
Active since 08-12-2000Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Joint committee
302Hotels and catering · annual accounts 2022
Establishment unit
2.097.700.0261910 Kampenhout, since 12-01-2001
Financial year end
31 December
Peppol
Reachable since 23-12-2024
Company details

Annual accounts 2025

€662,454▼ 23.7%
Employeeson 31-12-2025
23▼ 8.0%
Filing
Filed on 31-08-2026
Financials

Insights on BREST

BREST files the abbreviated format. That format states no turnover. The gross margin rose from €653,151 in 2006 to €1.5m in 2025.

The balance sheet grew most from 2010 to 2012 through fixed assets.

MAMEDA holds all the shares.

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 BREST

What is the company number of BREST?
The company number of BREST is 0473.458.681. The VAT number is the same number with BE in front: BE 0473.458.681.
Where is BREST based?
The registered office is at Mechelsesteenweg 40, 1910 Kampenhout.Company details
What does BREST do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of BREST?
BREST is a private limited company (BV).
When was BREST founded?
BREST was founded on 08-12-2000.
Is BREST still active?
Yes, BREST is an active enterprise in the KBO register.
How many employees does BREST have?
BREST had an average of 30 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BREST fall under?
In its 2022 annual accounts, BREST states joint committee 302 (Hotels and catering).
What is the turnover of BREST?
The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €1.5m and 1,585 comparable companies of the same size. It probably lies between €1.7m and €4.2m. It is a rough estimate.
Is BREST profitable?
In financial year 2025, BREST made a profit of €47,156.
Where can I find the annual accounts of BREST?
BREST filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BREST due?
BREST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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