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CROMWELL

Active
Private limited companyfounded 1995active for 31 yearsWapenplein 6, 8400 Oostende, BelgiumKBO/BCE: BE 0454.071.054
Summary

CROMWELL has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,600 and a net result of €29,195. Equity is shrinking by about 8.1% per year across the filed financial years. Its solvency ranks better than 32% of 16,816 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€222,737total assets 2025
Staff
8.4 FTE
Equity
€18,600
Profit
€29,195
Turnover not published (abbreviated or micro format)
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
  • Chhetri Hospitalities BVDirector · permanent representative Chhetri Moti
Accounts 31 days early2 of 5 deeds read
Why 81raises riskSector: Food and beverage service activities (NACE 56)Equity €18,600 (8.4% of total assets)lowers riskFounded in 1995Liquidity: current ratio 0.63, cash €87,918Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Average
Solvency 33-26
equity 8.4% of total assets
Liquidity 49+15
short-term debt 91.6% · cash 39.5%
Profitability 85+7
return on assets 13.1%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,755 companies, NACE 56, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025 04-2025: 3.1%▲ +0.2 percentage points vs 03-2025 05-2025: 3.3%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 1.3%▼ -2.0 percentage points vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.7%▲ +0.3 percentage points vs 04-2026 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%▼ -0.9 percentage points vs 06-2026 08-2026: 1.3%▲ +0.6 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 0.5%▼ -1.0 percentage point vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.63, compared with 0.5 in 2024, below 1; short-term debt: 91.6% and cash: 39.5% of total assets), and 91.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 32% on solvency, 46% on liquidity, 73% on profitability and 10% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1995
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €18,600 (8.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.63, cash €87,918
NBB · annual accounts
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 · 10 filings
Deviation from the deadline
2025
31 days early
2024
87 days early
2023
84 days early
2022
84 days early
2021
80 days early
2020
82 days early
2019
81 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 76 days before the deadline; the sector median (NACE 56) for financial year 2024 is 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 9 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: BELPAEME Chantal Simonne (director) and…Appointment: Chhetri Hospitalities BV (director)…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Equity fell in 2025from €74,135 to €18,600 ▼ 74.9% View
  • Caution: Board changedlatest change 10-07-2026 · 1 in office 1 joined · 2 left View
  • Among the largest 5% on gross marginsector median €62,044 · 16,752 companies €685,641 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€222,737
Profit
€29,195
Solvency
8.4%
Total assets▲ 2.7%
Net result
20182025
Go to Financials

Timeline

Events
39
Since
1996
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 10-06-2024Registered office
  3. 08-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
09-01-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about CROMWELL

What is the company number of CROMWELL?
0454.071.054. In Belgium the VAT number is the company number with BE in front: BE 0454.071.054.
Where is CROMWELL based?
The registered office is at Wapenplein 6, 8400 Oostende.Company details
What does CROMWELL do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of CROMWELL?
Private limited company (BV).
When was CROMWELL founded?
On 09-01-1995.
Is CROMWELL still active?
Yes, CROMWELL is an active enterprise in the KBO register.
How many employees does CROMWELL have?
On average 8.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CROMWELL?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is CROMWELL profitable?
In financial year 2025, CROMWELL made a profit of €29,195.
Where can I find the annual accounts of CROMWELL?
CROMWELL filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CROMWELL due?
By 31-07-2027, for financial year 2026.Timeline

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