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DE KWAAKVOS

Active
Private limited companyfounded 2003active for 23 yearsBorggravevijversstraat 7, 3500 Hasselt, BelgiumKBO/BCE: BE 0479.603.929
Summary

DE KWAAKVOS has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185,923 and a net result of €21,376. Equity has been growing by about 3.4% per year since 2018. Its solvency ranks better than 94% of 17,054 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-02-2003 Normal situation
Activity
Full-service restaurants NACE 56111
Joint committee
302 Hotels and catering · annual accounts 2025
Establishment unit
2.126.643.143 3500 Hasselt, since 25-04-2003
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board
  • Vandevenne EddyDirector

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€219,557
▲ 2.5%
Turnover
≈ €640,000
estimated
Profit
€21,376
▼ 12.0%
Equity
€185,923
▲ 13.0%
Total assets
€218,259
▼ 2.7%
Staff
≈ 4.3 FTE
estimated
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 8.91, cash €132,304Equity €185,923 (85.2% of total assets)Founded in 2003Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 80% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 100+2
equity 85.2% of total assets
Liquidity 100+5
short-term debt 8.6% · cash 60.6%
Profitability 81-1
return on assets 9.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.91 (3.95 in 2024), above the usual 1.5. Short-term debt is 8.6% and cash 60.6% of total assets. 14.8% 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, micro). It does better than 94% of them on solvency, 99% on liquidity, 67% on profitability and 59% on growth.

The bankruptcy probability was computed on 04-11-2026 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 very low class on 30-06-2025, 0.1% 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 8.91, cash €132,304
NBB · annual accounts
lowers risk · Equity €185,923 (85.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
8 days early
2023
6 days early
2022
5 days early
2021
3 days early
2020
31 days late
2019
92 days late
← 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 14 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.

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 26 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 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

  • Positive: Higher solvency than 93% of companies in food and beverage servicesector median 29.6% · 17,054 companies 85.2% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €21,376 5 years View

Recent changes

  1. · Gazette deed Appointment: Edith Ramaekers (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as DE KWAAKVOS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €211,000 and €227,000, founded between 2000 and 2005.

CompanyTotal assetsGross margin
DE KWAAKVOS Hasselt€218,259€219,557
CTS Houthalen-Helchteren€220,089€182,163
SRL BANERS Liège€211,165€211,649
LA BRACE Soignies€226,336€195,431
IL PASTICCIO Ixelles€219,046€199,208
EL CHURRASCO ARGENTINO Bruges€220,282€210,875
MONSIEUR PATATE Braine-l'Alleud€226,809€247,801
Full comparison

Key facts about DE KWAAKVOS

What is the company number of DE KWAAKVOS?
The company number of DE KWAAKVOS is 0479.603.929. The VAT number is the same number with BE in front: BE 0479.603.929.
Where is DE KWAAKVOS based?
The registered office is at Borggravevijversstraat 7, 3500 Hasselt.Company details
What does DE KWAAKVOS do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of DE KWAAKVOS?
DE KWAAKVOS is a private limited company (BV).
When was DE KWAAKVOS founded?
DE KWAAKVOS was founded on 20-02-2003.
Is DE KWAAKVOS still active?
Yes, DE KWAAKVOS is an active enterprise in the KBO register.
How many employees does DE KWAAKVOS have?
DE KWAAKVOS had an average of 6.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does DE KWAAKVOS fall under?
In its 2025 annual accounts, DE KWAAKVOS states joint committee 302 (Hotels and catering).
What is the turnover of DE KWAAKVOS?
The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €219,557 and 86 comparable companies (NACE 56111). It probably lies between €540,000 and €780,000.
Is DE KWAAKVOS profitable?
In financial year 2025, DE KWAAKVOS made a profit of €21,376.
Where can I find the annual accounts of DE KWAAKVOS?
DE KWAAKVOS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE KWAAKVOS due?
DE KWAAKVOS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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