Equity
€72,320 ▲ 59.8%
BUFFON has made a profit without a break since 2022.
BUFFON
Lifetime
4 annual accounts with figures on one time axispeak €904,896 (2022)
€672,136▲ 57.8%
lowest -€72,341 (2021)
€27,071▼ 29.6%
peak €72,320 (2024)
€72,320▲ 59.8%
€759,082▲ 27.6%
peak 12.2 FTE (2024)
12.2 FTE
Board2 names since 2020
1 directorDEKETELAERE Willem
Documentsfilings and deeds
23-07-20258 days before the deadline
2024abbreviated format
Gross margin from €425,889 to €672,136Result from €38,474 to €27,071Equity from €45,249 to €72,320Debts from €594,699 to €759,082
Key points
from the 2024 annual accountsTurnover
≈ €1.6m estimated
The accounts state no turnover.
Debts
€759,082 91% of the balance sheet
Financial debts 6%Suppliers 12%Taxes and wages 44%Other 38%
Of this, €717,316 falls due within a year.
Investments
€28,940 0.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 120.9% higher than in 2023.
Staff
22 employees on 31-12-2024
In 2024, 125 short contracts started and 115 ended, on average 104 hours worked per contract. Staff averaged 12 full-time equivalents.
Filings
4 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
38
Weak
Financially stronger than 47% of small companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.3% Elevated
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 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.9%
01-2025: 2.9%● unchanged vs 12-2024lowest value
02-2025: 3.0%▲ +0.1 percentage points vs 01-2025
03-2025: 3.1%▲ +0.1 percentage points vs 02-2025
04-2025: 3.4%▲ +0.3 percentage points vs 03-2025
05-2025: 4.2%▲ +0.8 percentage points vs 04-2025
06-2025: 4.7%▲ +0.5 percentage points vs 05-2025
07-2025: 4.5%▼ -0.2 percentage points vs 06-2025
08-2025: 4.3%▼ -0.2 percentage points vs 07-2025
09-2025: 4.3%● unchanged vs 08-2025
10-2025: 4.3%● unchanged vs 09-2025
11-2025: 3.3%▼ -1.0 percentage point vs 10-2025
12-2025: 3.2%▼ -0.1 percentage points vs 11-2025
01-2026: 3.2%● unchanged vs 12-2025
02-2026: 3.2%● unchanged vs 01-2026
03-2026: 3.1%▼ -0.1 percentage points vs 02-2026
04-2026: 3.1%● unchanged vs 03-2026
05-2026: 3.0%▼ -0.1 percentage points vs 04-2026
06-2026: 3.0%● unchanged vs 05-2026
07-2026: 3.2%▲ +0.2 percentage points vs 06-2026
08-2026: 4.1%▲ +0.9 percentage points vs 07-2026
09-2026: 4.5%▲ +0.4 percentage points vs 08-2026
10-2026: 5.3%▲ +0.8 percentage points vs 09-2026highest value
11-2026: 5.3%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 31-07-2025)
1 financial year not filed after the legal deadline; 2 of the last 3 accounts late
Founded in 2020
lowers risk
Liquidity: current ratio 0.83, cash €183,656
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 24% of them on solvency, 22% on liquidity, 54% on profitability and 87% on growth.
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 31-12-2024.
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, 1,603 companies had the same profile as BUFFON has now. Each dot stands for 5 companies, two years later.
95.9%
were still trading
1.8%
stopped another way
1.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BUFFON itself is higher: 5.3% within 12 months. It rests on far more data about BUFFON 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 1,603 companies, not a prediction for BUFFON. 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 €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.83 (0.72 in 2023), below 1. Short-term debt is 86.3% and cash 22.1% of total assets. 91.3% 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
Eight signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2938 sector peers (2024).
NBB · sector comparisonPosition among 2938 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
8 days early
2023
36 days late
2022
109 days late
2021
437 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 144 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 (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0753757306
Registered office moved from Beernem to Ghent
Transfer of shares from Verhaeghe William to Deketelaere Willem · New registered office: Belfortstraat 24 te 9000 Gent · Previous registered office: Wellingstraat 109 B te 8730 Beernem · General meeting of 15-09-2023 · Gazette deed
Bankruptcy reversal
Enterprise Court of Ghent, Bruges division · judgment of 19-06-2023 · Bankruptcy
Bankruptcy published
Enterprise Court of Ghent, Bruges division · judgment of 17-04-2023 · Bankruptcy
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BUFFON Ghent | €831,402 | €672,136 | 8.7% | 12.2 |
| IMMERSIVE CUISINE Liège | €798,952 | €712,051 | 44.4% | 13.4 |
| THAYD Anderlecht | €830,574 | €728,351 | 22.8% | 12.4 |
| NOOODLE Charleroi | €697,451 | €674,497 | 5.6% | 12.6 |
| Elders bv Ghent | €833,682 | €517,167 | 31.7% | 13.3 |
| BRASSERIE LEON BV Aalst | €958,763 | €712,328 | 14.4% | 10.6 |
| FLOVIER Lochristi | €707,665 | €850,338 | 16.6% | 14.4 |
These companies have the same main activity as BUFFON: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €697,000 and €959,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 07-09-2020Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Establishment units
- 2.308.485.2819000 Ghent, since 07-09-2020
- 2.314.852.6399000 Ghent, since 01-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 26-07-2024
Annual accounts 2024
- €831,402▲ 29.9%
- Employeeson 31-12-2024
- 22▲ 175%
- Filing
- Filed on 23-07-2025
Insights on BUFFON
BUFFON files the abbreviated format. That format states no turnover. The gross margin rose from €86,610 in 2021 to €672,136 in 2024.
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 BUFFON
- What is the company number of BUFFON?
- The company number of BUFFON is 0753.757.306. The VAT number is the same number with BE in front: BE 0753.757.306.
- Where is BUFFON based?
- The registered office is at Belfortstraat 24, 9000 Ghent.Company details
- What does BUFFON do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of BUFFON?
- BUFFON is a private limited company (BV).
- When was BUFFON founded?
- BUFFON was founded on 07-09-2020.
- Is BUFFON still active?
- Yes, BUFFON is an active enterprise in the KBO register.
- How many employees does BUFFON have?
- BUFFON had an average of 12.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of BUFFON?
- The turnover in financial year 2024 is ≈ €1.6m. This figure is estimated from the gross margin of €672,136 and 41 comparable companies (NACE 56111). It probably lies between €1.5m and €2.2m.
- Is BUFFON profitable?
- In financial year 2024, BUFFON made a profit of €27,071.
- Where can I find the annual accounts of BUFFON?
- BUFFON filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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