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DE WASTOBBE

Active
Private limited companyfounded 1987active for 39 yearsMolenstraat 11, 9270 Laarne, BelgiumKBO/BCE: BE 0432.067.890
Summary

The computed 12-month bankruptcy probability of DE WASTOBBE is 2.3% (moderate). The 2024 annual accounts show equity of €22,191 and a net result of €12,043. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 69% of 18,735 sector peers (NACE 56, financial year 2024). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301Full-service restaurants NACE 56111
1 site
Size
≈ €270,000turnover 2024, estimated
Staff
2.1 FTE
Equity
€22,191
Profit
€12,043
Turnover estimated from the gross margin
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Largest shareholder
JOJIDI · 50%
  • Mario De RaedtDirector
  • BV JoJidiDaily manager · permanent representative Devlaminck Dieter
  • TACODirector · permanent representative Taghon Jan
2025 accounts not filed, 91 days past the deadline3 of 7 deeds summarised
Why 54raises riskFigures for financial year 2024 (filed 22-07-2025)Sector: Food and beverage service activities (NACE 56)Size: total assets €42,675lowers riskFounded in 1987Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 70% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 77+29
equity 52.0% of total assets
Liquidity 32+6
short-term debt 48.0% · cash 4.7%
Profitability 100+34
return on assets 28.2%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,768 companies, NACE 56, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 0.9%▼ -0.1 percentage points vs 05-2025 07-2025: 1.3%▲ +0.4 percentage points vs 06-2025 08-2025: 0.6%▼ -0.7 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025lowest value 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.3 percentage points vs 08-2026 10-2026: 2.3%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.22, compared with 0.69 in 2023, below the usual 1.5; short-term debt: 48% and cash: 4.7% of total assets), and 48% 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 70% on solvency, 27% on liquidity, 93% on profitability and 91% on growth.

The bankruptcy probability was computed on 29-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 22-07-2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €42,675
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €22,191
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline30-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
9 days early
2023
29 days late
2022
on the day
2021
31 days late
2020
27 days late
2019
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 19 days after 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: BV JoJidi (director)Permanent representative: Devlaminck Dieter
  2. Resignations: VOF Taco (director) and Colbrandt…Appointment: Mario De Raedt (director)…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: 2025 accounts not fileddeadline was 31-07-2026 91 days past the deadline View
  • Caution: Staff fell in 2024from 7.8 FTE to 2.1 FTE ▼ 73.1% View
  • Active since 1987founded 01-10-1987 39 years View

By topic

Financials

Financial year
2024
Total assets
€42,675
Profit
€12,043
Solvency
52.0%
Total assets▼ 2.7%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
JOJIDI · 50%
  • Mario De RaedtDirector
  • BV JoJidiDaily manager
  • TACODirector
Go to Board & ownership

Timeline

Events
42
Since
1989
  1. 29-08-2024Annual accounts filed
  2. 14-02-2024Resignation: TACO (manager)
  3. 31-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
01-10-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Who signs
Each director alone
Annual meeting
First Wednesday of May at 17:00
Purpose
“Het uitbaten van een taverne; Zijnde een drankgelegenheid met inbegrip van alcoholische…” (deed in Dutch)
Go to Articles of association

Key facts about DE WASTOBBE

What is the company number of DE WASTOBBE?
0432.067.890. In Belgium the VAT number is the company number with BE in front: BE 0432.067.890.
Where is DE WASTOBBE based?
The registered office is at Molenstraat 11, 9270 Laarne.Company details
What does DE WASTOBBE do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of DE WASTOBBE?
Private limited company (BV).
When was DE WASTOBBE founded?
On 01-10-1987.
Is DE WASTOBBE still active?
Yes, DE WASTOBBE is an active enterprise in the KBO register.
How many employees does DE WASTOBBE have?
On average 2.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of DE WASTOBBE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is DE WASTOBBE profitable?
In financial year 2024, DE WASTOBBE made a profit of €12,043.
Where can I find the annual accounts of DE WASTOBBE?
DE WASTOBBE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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