DEGROOTE RECA
ActiveSummary
The computed 12-month bankruptcy probability of DEGROOTE RECA is 1.5% (moderate). The 2025 annual accounts show equity of €104,205 and a net result of €15,557. Equity has been growing by about 24% per year since 2019. Its solvency ranks better than 39% of 4,800 sector peers (NACE 56, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 25-09-2014 Normal situation
- Activity
- Full-service restaurants NACE 56111and 1 other
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2024
- Establishment unit
- 2.235.343.818 8750 Wingene, since 01-10-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 03-11-2025
Board and ownership
- Degroote PaulDirector
- Dupon HeidiDirector
- SDW-INVEST BVDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- €406,740
- ▼ 5.7%
- Turnover
- ≈ €950,000
- estimated
- Profit
- €15,557
- ▼ 14.9%
- Equity
- €104,205
- ▲ 17.5%
- Total assets
- €535,072
- ▼ 6.9%
- Employees on 31-12-2025
- 4
- =
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 31 days late; 1 of the last 3 accounts lateSize: 5.2 FTE, total assets €535,072lowers riskFounded in 2014Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41% of them on solvency, 44% on liquidity, 53% on profitability and 64% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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
The company filed its last 7 accounts on average 3 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)
Key points
- Positive: 6 profitable years in a rowprofit 2025: €15,557 6 years View
Recent changes
- · Gazette deed Algemene Vergadering - Boekjaar
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as DEGROOTE RECA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €483,000 and €716,000, founded between 2013 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| DEGROOTE RECA Wingene | €535,072 | €406,740 |
| TODRI Brugge | €535,691 | €397,710 |
| DDP Damme | €512,805 | €487,254 |
| MAMA THAI Koksijde | €605,912 | €345,746 |
| Ludovica Gent | €506,472 | €415,356 |
| DINING DE LAET - VAN HAVER Aartselaar | €483,186 | €381,311 |
| MARTIN'S VISRESTAURANT Brugge | €715,796 | €433,373 |
Key facts about DEGROOTE RECA
- What is the company number of DEGROOTE RECA?
- The company number of DEGROOTE RECA is 0563.321.065. The VAT number is the same number with BE in front: BE 0563.321.065.
- Where is DEGROOTE RECA based?
- The registered office is at Hille-Noord 1, 8750 Wingene.Company details
- What does DEGROOTE RECA do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of DEGROOTE RECA?
- The legal form of DEGROOTE RECA is Private limited company (BV).
- When was DEGROOTE RECA founded?
- DEGROOTE RECA was founded on 25-09-2014.
- Is DEGROOTE RECA still active?
- Yes, DEGROOTE RECA is an active enterprise in the KBO register.
- How many employees does DEGROOTE RECA have?
- DEGROOTE RECA had an average of 5.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DEGROOTE RECA fall under?
- In its 2024 annual accounts, DEGROOTE RECA states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of DEGROOTE RECA?
- The turnover in financial year 2025 is ≈ €950,000. This figure is estimated from the gross margin of €406,740 and 42 comparable companies (NACE 56111). It probably lies between €880,000 and €1.3m. In financial year 2022 turnover was €1.2m.
- Is DEGROOTE RECA profitable?
- In financial year 2025, DEGROOTE RECA made a profit of €15,557.
- Where can I find the annual accounts of DEGROOTE RECA?
- DEGROOTE RECA filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEGROOTE RECA due?
- DEGROOTE RECA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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