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CHEERS OOSTENDE

Active
Private limited companyfounded 1997active for 29 yearsAdolf Buylstraat 53, 8400 Oostende, BelgiumKBO/BCE: BE 0461.337.146

From the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CHEERS OOSTENDE has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242,800 and a net result of €21,377. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 74% of 4,785 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 26-08-1997 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
Establishment unit
2.083.148.937 8400 Oostende, since 02-09-1997
Financial year end
31 December
Peppol
Reachable since 24-11-2025

Board and ownership

Board

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€652,440
▼ 13.7%
Turnover
≈ €1.9m
estimated
Profit
€21,377
▼ 83.2%
Equity
€242,800
▲ 9.7%
Total assets
€440,930
▲ 25.0%
Staff
14.6 FTE
▲ 16.8%
Net result -83%: other schema
Filed on 11-08-2026, 11 days after the deadlineat the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 1.61, cash €142,664Equity €242,800 (55.1% of total assets)Founded in 1997Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 72% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 80-8
equity 55.1% of total assets
Liquidity 77-4
short-term debt 31.6% · cash 32.4%
Profitability 75-25
return on assets 4.8%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,615 companies, NACE 56, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%▼ -0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61 (1.7 in 2024), above the usual 1.5. Short-term debt is 31.6% and cash 32.4% of total assets. 44.9% of the assets are financed with debt and provisions.
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 80% of them on solvency, 88% on liquidity, 58% on profitability and 61% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.61, cash €142,664
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Equity €242,800 (55.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €242,800
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 days late
2024
43 days early
2023
7 days late
2022
32 days early
2021
59 days early
2020
43 days early
2019
56 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 31 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Key points

  • Caution: Result fell in 2025different schema filed ▼ 83.2% View

Comparable companies

These companies have the same main activity as CHEERS OOSTENDE: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €370,000 and €542,000, founded between 1995 and 2005.

CompanyTotal assetsGross margin
CHEERS OOSTENDE Oostende€440,930€652,440
FRESO Lommel€474,960€765,556
CAFE DES HALLES Brussel€541,739€625,462
VANBEK Jabbeke€511,481€755,051
CAP NORD Knokke-Heist€424,676€583,360
PIER BLANKENBERGE Blankenberge€422,328€724,773
Schwenroe Knokke-Heist€370,440€964,739
Full comparison

Documents

Annual accounts at the NBB

All 27 annual accounts

Articles and registers

Key facts about CHEERS OOSTENDE

What is the company number of CHEERS OOSTENDE?
The company number of CHEERS OOSTENDE is 0461.337.146. The VAT number is the same number with BE in front: BE 0461.337.146.
Where is CHEERS OOSTENDE based?
The registered office is at Adolf Buylstraat 53, 8400 Oostende.Company details
What does CHEERS OOSTENDE 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 CHEERS OOSTENDE?
The legal form of CHEERS OOSTENDE is Private limited company (BV).
When was CHEERS OOSTENDE founded?
CHEERS OOSTENDE was founded on 26-08-1997.
Is CHEERS OOSTENDE still active?
Yes, CHEERS OOSTENDE is an active enterprise in the KBO register.
How many employees does CHEERS OOSTENDE have?
CHEERS OOSTENDE had an average of 14.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CHEERS OOSTENDE?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €652,440 and 35 comparable companies (NACE 56112). It probably lies between €1.5m and €2.1m.
Is CHEERS OOSTENDE profitable?
In financial year 2025, CHEERS OOSTENDE made a profit of €21,377.
Where can I find the annual accounts of CHEERS OOSTENDE?
CHEERS OOSTENDE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of CHEERS OOSTENDE due?
CHEERS OOSTENDE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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