Skip to content

Closte

Active
Private limited companyfounded 20251 yr activeLangestraat 115, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 1020.720.607
Summary

The computed 12-month bankruptcy probability of Closte is 3.9% (moderate). The 2025 annual accounts show negative equity (-€14,089) and a net result of -€17,089. Its solvency ranks better than 21% of 13560 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency12
Growth-
Track record67
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21; short-term debt: 69.4% and cash: 3.5% of total assets), and equity is negative.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-13.1%
Return on assets
-15.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
31 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Closte was incorporated on 5 March 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
-€14,089
Total assets
€107,914
Net result
-€17,089
Working capital
-€59,292

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €107,914
Fixed assets €92,310
Current assets €15,604
Key figures and ratios
2025 value
EBITDA
-€7,940
Cash flow
-€9,463
Solvency
-13.1%
Current ratio
0.21
Quick ratio
0.06
Debt to equity
-8.66
ROA
-15.8%
Interest coverage
-5.12
Debt
€122,003
Debt ≤ 1 year
€74,896
Debt > 1 year
€45,607

Peer companies

Historical observation

Of the 1,323 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,323 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€107,914
Fixed assets21/28€92,310
Intangible fixed assets21€85,995
Tangible fixed assets22/27€6,315
Plant, machinery and equipment23€6,315
Current assets29/58€15,604
Stocks and contracts in progress3€10,864
Stocks30/36€10,864
Cash at bank and in hand54/58€3,777
Deferred charges and accrued income490/1€963
Equity and liabilities
Total equity and liabilities10/49€107,914
Equity10/15-€14,089
Contributions10/11€3,000
Profit (loss) carried forward14-€17,089
Amounts payable17/49€122,003
Amounts payable after more than one year17€45,607
Financial debts170/4€45,607
Amounts payable within one year42/48€74,896
Current portion of amounts payable after more than one year42€12,374
Trade debts44€3,018
Suppliers440/4€3,018
Advances received on contracts in progress46€1,300
Taxes, remuneration and social security45€2,994
Taxes450/3€2,994
Other amounts payable47/48€55,210
Accrued charges and deferred income492/3€1,500
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,626
Other operating charges640/8€178
Gross operating margin9900-€7,761
Operating profit (loss)9901-€15,565
Financial income75/76B€28
Recurring financial income75€28
Financial charges65/66B€1,552
Recurring financial charges65€1,552
Profit (loss) for the period before taxes9903-€17,089
Profit (loss) for the period9904-€17,089
Profit (loss) for the period to be appropriated9905-€17,089
Appropriation of the result
Profit (loss) to be appropriated9906-€17,089

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,626
Other operating charges640/8€178
Gross operating margin9900-€7,761
Operating profit (loss)9901-€15,565
Financial income75/76B€28
Recurring financial income75€28
Financial charges65/66B€1,552
Recurring financial charges65€1,552
Profit (loss) for the period before taxes9903-€17,089
Profit (loss) for the period9904-€17,089
Profit (loss) for the period to be appropriated9905-€17,089
Line2025
Assets
Total assets20/58€107,914
Fixed assets21/28€92,310
Intangible fixed assets21€85,995
Tangible fixed assets22/27€6,315
Plant, machinery and equipment23€6,315
Current assets29/58€15,604
Stocks and contracts in progress3€10,864
Stocks30/36€10,864
Cash at bank and in hand54/58€3,777
Deferred charges and accrued income490/1€963
Equity and liabilities
Total equity and liabilities10/49€107,914
Equity10/15-€14,089
Contributions10/11€3,000
Profit (loss) carried forward14-€17,089
Amounts payable17/49€122,003
Amounts payable after more than one year17€45,607
Financial debts170/4€45,607
Amounts payable within one year42/48€74,896
Current portion of amounts payable after more than one year42€12,374
Trade debts44€3,018
Suppliers440/4€3,018
Advances received on contracts in progress46€1,300
Taxes, remuneration and social security45€2,994
Taxes450/3€2,994
Other amounts payable47/48€55,210
Accrued charges and deferred income492/3€1,500
Line2025
Profit (loss) for the period9904-€17,089
+ Depreciation and write-downs630€7,626
Operating cash flow (approximation)-€9,463

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nieuwpoort · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
125 m²
Building footprint
78 m²
Volume, LiDAR
741 m³
Parcel 38016B0250/00B000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Closte
Langestraat 115, 8620 NieuwpoortFull-service restaurants
since 20252.370.860.835
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38016B0250/00B000 Flanders 125 m² 1 · 78 m² 12.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Nieuwpoort2.370.860.835
1 permission
Toelating · Eetgelegenheid · since 01-05-2025

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020720607
Also 9925:BE1020720607
Registered 11-03-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.