BV EETOILE
ActiveSummary
BV EETOILE has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224,686 and a net result of €55,449. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 94% of 16,996 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-10-2004 Normal situation
- Activity
- Full-service restaurants NACE 56111
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.142.337.347 9000 Gent, since 11-10-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 10-04-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €243,397
- ▲ 6.7%
- Turnover
- ≈ €710,000
- estimated
- Profit
- €55,449
- ▲ 3.2%
- Equity
- €224,686
- ▲ 25.7%
- Total assets
- €263,062
- ▼ 4.5%
- Employees on 31-12-2025
- 2
- ▼ 33.3%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 5.19, cash €148,488Equity €224,686 (85.4% of total assets)Founded in 2004Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 94% of them on solvency, 96% on liquidity, 83% on profitability and 70% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 7 accounts on average 60 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)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 01-06-2026 PDF all 21 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 5% higher than in 2024. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 1 | 3 | 2 |
| full-time | 2 | 2 | 1 | 2 | 2 |
| part-time | - | - | - | 1 | - |
| in full-time equivalents | 2 | 2 | 1 | 2.5 | 2 |
| Average over the year, in full-time equivalents | 2.7 | 2.6 | 2.4 | 2.7 | 2.3 |
| On a permanent contract | 2 | 2 | 1 | 3 | 2 |
| Joined | 18 | 26 | 35 | 19 | 18 |
| Left | 18 | 26 | 36 | 17 | 19 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €23,869 | €23,770 | €90,789 | €15,901 | €13,104 |
| Financial fixed assets | - | €1,602 | €313 | €1,988 | €2,022 |
| Depreciation and write-downs of the year | €39,280 | €30,740 | €33,694 | €37,472 | €39,187 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as BV EETOILE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €234,000 and €272,000, founded between 2002 and 2004.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| BV EETOILE Gent | 2004 | €263,062 | €224,686 | €243,397 | €55,449 | 2025 |
| ROGIN Sint-Niklaas | 2004 | €236,617 | €82,734 | €251,971 | €21,740 | 2026 |
| DEN HEERD Lokeren | 2002 | €264,763 | €145,040 | €214,878 | €23,360 | 2025 |
| SDZ COMPANY Stekene | 2004 | €268,297 | €233,327 | €201,523 | €55,827 | 2025 |
| SARTOUR Beveren-Kruibeke-Zwijndrecht | 2002 | €233,620 | €86,684 | €263,805 | €58,207 | 2025 |
| SESECO Mortsel | 2004 | €270,339 | €80,403 | €263,171 | -€93,068 | 2025 |
| NEA GENIA Elsene | 2004 | €271,529 | €207,286 | €264,708 | -€25,220 | 2025 |
They were chosen from the 12,109 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as BV EETOILE has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BV EETOILE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 31,368 companies, not a prediction for BV EETOILE. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €494 | - | €90,253 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €84,583 | €91,059 | €114,932 | €106,903 | €116,548 | ▲ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,082 | €68,315 | €48,716 | €39,280 | €30,740 | €33,694 | €37,472 | €39,187 | ▲ 4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €1,306 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,761 | €3,130 | €2,835 | €2,157 | €2,127 | ▼ 1.4% |
| Gross operating margin9900 | €151,403 | €188,822 | €81,733 | €138,608 | €196,050 | €308,619 | €228,219 | €243,397 | ▲ 6.7% |
| Operating profit (loss)9901 | €30,725 | €21,124 | -€36,365 | €11,984 | €71,121 | €155,852 | €81,687 | €85,534 | ▲ 4.7% |
| Financial income75/76B | - | - | - | €11 | €26 | €859 | €1,270 | €581 | ▼ 54.2% |
| Recurring financial income75 | €639 | €24 | €7 | €11 | €26 | €859 | €1,270 | €581 | ▼ 54.2% |
| Financial charges65/66B | - | - | - | €11,273 | €10,935 | €9,705 | €6,127 | €6,005 | ▼ 2.0% |
| Recurring financial charges65 | €6,596 | €6,979 | €10,428 | €11,273 | €10,935 | €9,705 | €6,127 | €6,005 | ▼ 2.0% |
| Profit (loss) for the period before taxes9903 | €24,768 | €14,169 | -€46,786 | €722 | €60,212 | €147,006 | €76,830 | €80,110 | ▲ 4.3% |
| Income taxes67/77 | €6,077 | €4,618 | €200 | €460 | €1,687 | €43,925 | €23,083 | €24,661 | ▲ 6.8% |
| Profit (loss) for the period9904 | €18,691 | €9,551 | -€46,986 | €262 | €58,525 | €103,081 | €53,747 | €55,449 | ▲ 3.2% |
| Profit (loss) for the period to be appropriated9905 | €18,691 | €9,551 | -€46,986 | €262 | €58,525 | €103,081 | €53,747 | €55,449 | ▲ 3.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €217,354 | €509,170 | €426,007 | €396,882 | €415,933 | €301,185 | €275,333 | €263,062 | ▼ 4.5% |
| Fixed assets21/28 | €149,165 | €407,494 | €374,875 | €359,184 | €352,312 | €120,826 | €99,570 | €73,454 | ▼ 26.2% |
| Tangible fixed assets22/27 | €144,862 | €403,251 | €370,199 | €354,788 | €347,818 | €116,019 | €94,448 | €68,364 | ▼ 27.6% |
| Land and buildings22 | - | - | - | €295,546 | €288,412 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €8,444 | €8,693 | €11,887 | €12,402 | €17,602 | ▲ 41.9% |
| Furniture and vehicles24 | - | - | - | €3,485 | €4,611 | €65,806 | €45,816 | €26,535 | ▼ 42.1% |
| Other tangible fixed assets26 | - | - | - | €47,313 | €46,102 | €38,326 | €36,230 | €24,228 | ▼ 33.1% |
| Financial fixed assets28 | €4,303 | €4,243 | €4,676 | €4,396 | €4,494 | €4,807 | €5,122 | €5,090 | ▼ 0.6% |
| Current assets29/58 | €68,189 | €101,676 | €51,132 | €37,698 | €63,621 | €180,359 | €175,763 | €189,608 | ▲ 7.9% |
| Stocks and contracts in progress3 | - | - | - | €10,416 | - | - | - | - | - |
| Stocks30/36 | - | - | - | €10,416 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €43,109 | €46,544 | €5,115 | €5,436 | €28,034 | €29,918 | €23,454 | €36,403 | ▲ 55.2% |
| Trade receivables40 | - | - | - | €5,436 | €26,726 | €24,037 | €22,424 | €28,278 | ▲ 26.1% |
| Other amounts receivable41 | - | - | - | - | €1,308 | €5,881 | €1,030 | €8,125 | ▲ 689% |
| Cash at bank and in hand54/58 | €22,296 | €35,143 | €19,753 | €18,167 | €20,419 | €144,302 | €147,133 | €148,488 | ▲ 0.9% |
| Deferred charges and accrued income490/1 | - | - | - | €3,679 | €15,168 | €6,139 | €5,176 | €4,717 | ▼ 8.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €217,354 | €509,170 | €426,007 | €396,882 | €415,933 | €301,185 | €275,333 | €263,062 | ▼ 4.5% |
| Equity10/15 | €60,470 | €70,021 | €23,035 | €23,296 | €81,822 | €184,903 | €178,787 | €224,686 | ▲ 25.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | - | - | - |
| Reserves13 | €41,870 | €51,421 | €51,421 | €51,420 | €63,222 | €166,303 | €178,787 | €224,686 | ▲ 25.7% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €49,560 | €63,222 | €166,303 | €178,787 | €224,686 | ▲ 25.7% |
| Profit (loss) carried forward14 | - | - | -€46,986 | -€46,724 | - | - | - | - | - |
| Amounts payable17/49 | €156,884 | €439,149 | €402,972 | €373,586 | €334,111 | €116,282 | €96,546 | €38,376 | ▼ 60.3% |
| Amounts payable after more than one year17 | €120,657 | €361,009 | €330,231 | €291,102 | €254,003 | €44,652 | €16,892 | €1,819 | ▼ 89.2% |
| Financial debts170/4 | - | - | - | €291,102 | €254,003 | €44,652 | €16,892 | €1,819 | ▼ 89.2% |
| Amounts payable within one year42/48 | €36,227 | €78,140 | €72,741 | €82,484 | €80,108 | €71,630 | €79,654 | €36,557 | ▼ 54.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €49,126 | €38,366 | €27,013 | €27,760 | €10,624 | ▼ 61.7% |
| Financial debts43 | - | - | - | - | €2 | €2 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €2 | €2 | - | - | - |
| Trade debts44 | €6,922 | €32,376 | €4,961 | €20,234 | €26,185 | €15,951 | €13,263 | €17,951 | ▲ 35.3% |
| Suppliers440/4 | - | - | - | €20,234 | €26,185 | €15,951 | €13,263 | €17,951 | ▲ 35.3% |
| Taxes, remuneration and social security45 | - | - | - | €1,244 | €8,329 | €28,664 | €38,631 | €7,981 | ▼ 79.3% |
| Taxes450/3 | - | - | - | €1,244 | €1,885 | €28,664 | €34,539 | €7,981 | ▼ 76.9% |
| Remuneration and social security454/9 | - | - | - | - | €6,444 | - | €4,092 | - | - |
| Other amounts payable47/48 | - | - | - | €11,880 | €7,226 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,691 | €9,551 | -€46,986 | €262 | €58,525 | €103,081 | €53,747 | €55,449 | ▲ 3.2% |
| + Depreciation and write-downs630 | €45,082 | €68,315 | €48,716 | €39,280 | €30,740 | €33,694 | €37,472 | €39,187 | ▲ 4.6% |
| Operating cash flow (approximation) | €63,773 | €77,866 | €1,730 | €39,542 | €89,265 | €136,775 | €91,219 | €94,636 | ▲ 3.7% |
| Investment in fixed assets (approximation) | - | -€326,644 | -€16,097 | -€23,589 | -€23,868 | €197,792 | -€16,216 | -€13,071 | ▲ 19.4% |
| Change in cash | - | €12,847 | -€15,390 | -€1,586 | €2,252 | €123,883 | €2,831 | €1,355 | ▼ 52.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-06-2026 | 2026-00130120 | |
| 31-12-2024 | micro format | 03-06-2025 | 2025-00116650 | |
| 31-12-2023 | micro format | 21-05-2024 | 2024-00091636 | |
| 31-12-2022 | micro format | 29-03-2023 | 2023-00047888 | |
| 31-12-2021 | micro format | 31-05-2022 | 2022-20042640 | |
| 31-12-2020 | micro format | 24-08-2021 | 2021-52400395 | |
| 31-12-2019 | micro format | 20-05-2020 | 2020-12600567 | |
| 31-12-2018 | micro format | 08-05-2019 | 2019-12600417 | |
| 31-12-2017 | micro format | 28-03-2018 | 2018-08200573 | |
| 31-12-2016 | micro format | 06-06-2017 | 2017-15000511 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 12-07-2022 Converted to unavailable equity · €19,207.01
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| De Vuyst, Rik |
|
| Droesbeke, Sylvie |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen”
Articles of association, deed of 12-07-2022 (in Dutch)
Network & group
BV EETOILE shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of BV EETOILE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
12-07
Gazette deed
Company renamed from PASSE-VITE to BV EETOILEResignations: De Vuyst, Rik (manager) and Droesbeke, Sylvie (manager) · Reappointments: De Vuyst, Rik (director) and Droesbeke, Sylvie (director) · Registered office clause11 points ▸
- Director resignation, De Vuyst, Rik (manager)
- Director resignation, Droesbeke, Sylvie (manager)
- Director reappointment, De Vuyst, Rik (director (not named in the articles))
- Director reappointment, Droesbeke, Sylvie (director (not named in the articles))
- Other provision, “uitoefening mandaat, kwijting ontslagnemende zaakvoerder(s)” (deed in Dutch)
- Registered office clause, “9000 Gent,Oudenaardsesteenweg 34” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV,rechtsvorm besloten vennootschap(BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, vormen en meerderheden van de statutenwijziging” (deed in Dutch)
- Name change, BV EETOILE
- Amendment of the articles
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
11 activities
- De uitbating van café-restaurant van het tradionele type;
- Het klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels;
- Het organiseren en verzorgen van bruiloften,banketten,cocktails,lunches,recepties enzovoort;
- Het deelnemen aan het bestuur van vennootschappen en ondernemingen,al dan niet door middel van de uitoefening van een bestuurdersmandaat,het nemen en beheren van belangen en participaties in ondernemingen en vennootschappen van alle aard. De onderneming kan ook samenwerken met,deelnemen in op gelijk welke wijze,kan rechtstreeks of zijdelings belangen nemen in ondernemingen en vennootschappen van alle aard. De onderneming kan deelnemen in alle activiteiten die verband houden met bovengenoemd doel of wat van aard is de verwezenlijking ervan te bevorderen.
- Het handelen in onroerende en roerende goederen,welke onder meer omvat de verwerving,de vervreemding,het beheer,de uitbating,het huren en verhuren,de verkaveling,het doen bouwen of verbouwen en dit alles in de ruimste zin van het woord,met inbegrip van onroerende leasing.
- Het optreden bij onderhandelingen,bij gehele of gedeeltelijke overname van aandelen,dit in de ruimste zin van het woord.
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investeringen.
- Het oprichten,het besturen,het begeleiden,het deelnemen,het adviseren,en directie voeren over ondernemingen en vennootschappen.
- Het toestaan van leningen,zich borg stellen en onroerende goederen in pand geven of hypothekeren.
- Het verstrekken van inlichtingen en adviezen verband houdende met het beheer,de mobiliën en immobiliën voor eigen rekening,dit in de ruimste zin van het woord.
- Het optreden als tussenpersoon in de handel.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44809I0550/00S002 | Flanders | 1,528 m² | 1 · 526 m² | 20.7 m · 6 |