Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Back in profit in 2025, after a loss of €20,324 in 2024.
Of this, €253,458 falls due within a year.
In 2025, 25 people joined and 26 left.
Latest accounts filed late: after the legal deadline.
Board changed. Latest change 01-10-2026 · 1 in office.
The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 9% of them on solvency, 8% on liquidity, 92% on profitability and 85% 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
In July 2024, 265 companies had the same profile as Chez Scheidt has now. Each dot is one company, two years later.
Another 1.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Chez Scheidt itself is higher: 3.5% within 12 months. It rests on far more data about Chez Scheidt than the profile alone.
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 265 companies, not a prediction for Chez Scheidt. 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.
Liquidity is insufficient, with a current ratio of 0.77 (0.52 in 2024), below 1. Short-term debt is 113.9% and cash 12.4% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 123 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.
| Company | ||||
|---|---|---|---|---|
| Chez Scheidt Sint-Gillis (bij-Brussel) | €222,550 | €675,468 | -21.6% | 11.5 |
| CLEMENTINE Marche-en-Famenne | €214,797 | €556,959 | 12.3% | 11.1 |
| YILDI Ixelles | €330,434 | €589,288 | 73.1% | 11.1 |
| Benelux Horeca Corporation Forest | €228,486 | €796,084 | 47.6% | 15.5 |
| Nieuw Klein Stadhuis Ypres | €248,692 | €524,291 | 10.5% | 10.9 |
| LE KLEYER Liège | €241,927 | €539,332 | 33.1% | 11.8 |
| ZURENBORG 19 Antwerp | €175,955 | €660,779 | -1.1% | 11.8 |
These companies have the same main activity as Chez Scheidt: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €176,000 and €330,000, founded between 2006 and 2013.
Chez Scheidt has existed since 2010. The gross margin fell from €453,119 in 2019 to €199,861 in 2020.
The gross margin has grown every year since 2020. Solvency rose in 2025 from -57.2% to -21.6% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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