DE KOP VAN MUNTE
ActiveSummary
The computed 12-month bankruptcy probability of DE KOP VAN MUNTE is 8.1% (elevated). The 2025 annual accounts show negative equity (-€98,181) and a net result of -€57,774. Equity is shrinking by ~91.8% per year across the filed fiscal years. Its solvency ranks better than 7% of 13683 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
8.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.24 in 2024; short-term debt: 310.1% and cash: 35.9% of total assets), and equity is negative.
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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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-210.1%
Return on assets
-123.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€98,181
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 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
15 d early
2024
26 d late
2023
245 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 85 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 August (3 of the last 3 filed years within 220 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€98,181▼ 143%
2024 · -€40,407
Total assets
€46,720▼ 11.1%
2024 · €52,525
Net result
-€57,774▼ 252%
2024 · -€16,407
Working capital
-€120,798▼ 71.1%
2024 · -€70,589
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result-€33,615--€17,300▲ 48.5%-€58,563▼ 239%
Net result-€34,000below the sector's middle half--€16,407below the sector's middle half▲ 51.7%-€57,774below the sector's middle half▼ 252%
Equity-€24,000below the sector's middle half--€40,407below the sector's middle half▼ 68.4%-€98,181below the sector's middle half▼ 143%
Total assets€72,812within the sector's middle half-€52,525within the sector's middle half▼ 27.9%€46,720below the sector's middle half▼ 11.1%
Debt€96,812-€92,932▼ 4.0%€144,901▲ 55.9%
Working capital-€62,986below the sector's middle half--€70,589below the sector's middle half▼ 12.1%-€120,798below the sector's middle half▼ 71.1%
Solvency-33.0%below the sector's middle half--76.9%below the sector's middle half▼ 44.0pp-210.1%below the sector's middle half▼ 133.2pp
Current ratio0.35below the sector's middle half-0.24below the sector's middle half▼ 0.110.17below the sector's middle half▼ 0.07
Return on assets (ROA)-46.7%below the sector's middle half--31.2%below the sector's middle half▲ 15.5pp-123.7%below the sector's middle half▼ 92.4pp
Staff (FTE)3.5-4.8▲ 37.1%3.6▼ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €58,563 in 2025 against €17,300 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46,720
Fixed assets
€22,617 ▼ 25.1%
Current assets
€24,103 ▲ 7.9%
Equity and liabilities
Equity-€98,181
Debt€144,901
Equity is negative: debt (€144,901) exceeds the balance-sheet total (€46,720).
Key figures and ratios
EBITDA
-€50,999▼
2024 · -€8,496
Cash flow
-€50,209▼
2024 · -€7,603
Quick ratio
0.12▼
2024 · 0.24
Interest coverage
-126.61▼
2024 · 9.72
Debt ≤ 1 year
€144,901▲
2024 · €92,932
Staff costs
€97,852▼
2024 · €141,248
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.9%
went bankrupt
5.6%
stopped otherwise
85%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 8.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 7,638 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
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €157,498 | €141,248 | €97,852 | ▼ 30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,577 | €8,804 | €7,565 | ▼ 14.1% |
| Other operating charges640/8 | - | €17 | €708 | ▲ 4,162% |
| Gross operating margin9900 | €128,459 | €132,769 | €47,562 | ▼ 64.2% |
| Operating profit (loss)9901 | -€33,615 | -€17,300 | -€58,563 | ▼ 239% |
| Financial income75/76B | €43 | €19 | €1,193 | ▲ 6,047% |
| Recurring financial income75 | €43 | €19 | €1,193 | ▲ 6,047% |
| Financial charges65/66B | €428 | -€874 | €403 | ▲ 146% |
| Recurring financial charges65 | €428 | -€874 | €403 | ▲ 146% |
| Profit (loss) for the period before taxes9903 | -€34,000 | -€16,407 | -€57,774 | ▼ 252% |
| Profit (loss) for the period9904 | -€34,000 | -€16,407 | -€57,774 | ▼ 252% |
| Profit (loss) for the period to be appropriated9905 | -€34,000 | -€16,407 | -€57,774 | ▼ 252% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €72,812 | €52,525 | €46,720 | ▼ 11.1% |
| Formation expenses20 | €1,192 | €0 | - | - |
| Fixed assets21/28 | €37,794 | €30,182 | €22,617 | ▼ 25.1% |
| Tangible fixed assets22/27 | €33,294 | €25,682 | €18,117 | ▼ 29.5% |
| Plant, machinery and equipment23 | €33,294 | €25,682 | €18,117 | ▼ 29.5% |
| Financial fixed assets28 | €4,500 | €4,500 | €4,500 | = |
| Current assets29/58 | €33,827 | €22,343 | €24,103 | ▲ 7.9% |
| Stocks and contracts in progress3 | - | - | €7,326 | - |
| Stocks30/36 | - | - | €7,326 | - |
| Amounts receivable within one year40/41 | €7,660 | €1,395 | - | - |
| Trade receivables40 | €6,978 | €0 | - | - |
| Other amounts receivable41 | €682 | €1,395 | - | - |
| Cash at bank and in hand54/58 | €26,167 | €20,948 | €16,778 | ▼ 19.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €72,812 | €52,525 | €46,720 | ▼ 11.1% |
| Equity10/15 | -€24,000 | -€40,407 | -€98,181 | ▼ 143% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€34,000 | -€50,407 | -€108,181 | ▼ 115% |
| Amounts payable17/49 | €96,812 | €92,932 | €144,901 | ▲ 55.9% |
| Amounts payable within one year42/48 | €96,812 | €92,932 | €144,901 | ▲ 55.9% |
| Trade debts44 | €21,353 | €6,258 | €58,440 | ▲ 834% |
| Suppliers440/4 | €21,353 | €6,258 | €58,440 | ▲ 834% |
| Taxes, remuneration and social security45 | €35,966 | €22,331 | €15,195 | ▼ 32.0% |
| Taxes450/3 | €12,854 | €7,279 | €1,064 | ▼ 85.4% |
| Remuneration and social security454/9 | €23,112 | €15,052 | €14,131 | ▼ 6.1% |
| Other amounts payable47/48 | €39,492 | €64,342 | €71,266 | ▲ 10.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€34,000 | -€16,407 | -€57,774 | ▼ 252% |
| + Depreciation and write-downs630 | €4,577 | €8,804 | €7,565 | ▼ 14.1% |
| Operating cash flow (approximation) | -€29,423 | -€7,603 | -€50,209 | ▼ 560% |
| Investment in fixed assets (approximation) | - | -€1,192 | €0 | ▲ 100% |
| Change in cash | - | -€5,218 | -€4,170 | ▲ 20.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
26-03
State Gazette act
Resignations: Timothy Tock (director) and Hans Verhaegen (director)Appointment: Davy Geerts (director) · Director discharge · Mandate compensation7 facts ▸
State Gazette act
Resignations: Timothy Tock (director) and Hans Verhaegen (director)
Appointment: Davy Geerts (director) · Director discharge · Mandate compensation7 facts ▸
- General meeting, 03/12/2025
- Director resignation, Timothy Tock (director)
- Director discharge, Timothy Tock
- Director resignation, Hans Verhaegen (director)
- Director discharge, Hans Verhaegen
- Director appointment, Davy Geerts (director)
- Mandate compensation, Davy Geerts
2025
31-12
Financial
Weakest financial yearnet -€57,774
Net result drops to -€57,774, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 245 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Davy Geerts
CurrentDirector · since 03-12-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Aarschot · 1 establishment unit since 2023
Ground area
266 m²
Building footprint
96 m²
Volume, LiDAR
452 m³
Parcel 24662H0248/00H000, Flanders · tallest building 13.2 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DE KOP VAN MUNTE
since 20232.342.611.465
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662H0248/00H000 | Flanders | 266 m² | 1 · 96 m² | 13.2 m · 1 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.
Mandate history
3 people since 2025, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Davy Geerts |
|
| Timothy Tock |
|
| VERHAEGEN Hans |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Recognitions · licences · registrations
Food safety, FASFC
1 siteAarschot2.342.611.465
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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 20,500 companies in this sector we hold annual accounts for 11,464. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded09-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
10520Manufacture of food products
47221Retail sale of meat and meat products, excluding game and poultry
56210Event catering
56301Cafés and bars
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0799354828
Also
9925:BE0799354828
Registered
22-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.