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DEN AREND

Active Private limited companyfounded 1994active for 32 yearsPolenplein 1, 8800 RoeselareKBO/BCE: BE 0451.926.265

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €178,553 (2015)
€172,110▼ 0.8%
lowest -€25,532 (2020)
€1,806▲ €20,006
peak €231,531 (2018)
€154,857▲ 1.2%
€163,353▼ 6.2%
peak 3.9 FTE (2011)
-not published
Board2 names since 1993
Documentsfilings and deeds
12-10-202673 days late
2025micro format
Back to profit: €1,806

Key points

from the 2025 annual accounts

Staff

4 employees on 31-12-2025
33202165202266202332202432322025

In 2025, 32 people joined and 32 left.

Filings

32 annual accounts 73 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Position in the sector

€154,857

More equity than 86% of companies in food and beverage service. Sector median €28,639 · 17,193 companies.

Checked score

68
Healthy
Financially stronger than 48% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.8%▼ -0.9 percentage points vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026

Financial strength
Strong

74+2equity 48.7% of total assets
43+1short-term debt 40.4% · cash 9.2%
65+32return on assets 0.6%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 73 days late; 1 of the last 3 accounts late
Size: total assets €318,210
lowers risk
Founded in 1994
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 67% of them on solvency, 38% on liquidity, 44% on profitability and 44% on growth.

The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as DEN AREND has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DEN AREND itself is higher: 0.8% within 12 months. It rests on far more data about DEN AREND than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for DEN AREND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €10,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.81 (0.78 in 2024), below 1. Short-term debt is 40.4% and cash 9.2% of total assets. 51.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 73 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €318,210
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 73 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
73 days late
2024
21 days late
2023
22 days late
2022
28 days late
2021
31 days late
2020
30 days late
2019
24 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 33 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 28 August (4 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
11-11-2026 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

Board and ownership

VJ
Director, since 30-12-1993
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451926265
Reappointment: VANBESIEN Jean Claude Henri Petrus (statutory director) Appointment: VANHEE Carole Catherine (successor director) · “Horeca-uitbating; Drankgelegenheid en verkopen van sterke dranken per glas; Horeca-activiteiten omvattende…” (deed in Dutch) · General meeting of 12-10-2023 · Gazette deed
First establishment Polenplein 1, Roeselare
Incorporation published on 26-01-1994 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
DEN AREND Roeselare €318,210 €172,110 48.7% -
SHOOTERS Oostkamp €317,695 €213,074 36.3% -
DIANA Gavere €343,140 €211,866 -21.9% -
R&L BELGIQUE Brussels €360,990 €188,182 49.1% -
DE WOLK Bornem €326,199 €131,301 77.7% -
AU CASINO PABEDI Kortrijk €380,248 €209,135 54.4% -
DE NIEUWE TRAP Kortrijk €239,822 €272,180 11.7% 6.2

These companies have the same main activity as DEN AREND: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €240,000 and €380,000, founded between 1993 and 2002.

Official details

Source: KBO
Status
Active since 13-01-1994Normal situation
Activity
Cafés and barsNACE 56301and 1 other
Joint committee
302Hotels and catering · annual accounts 2021
Establishment unit
2.066.054.3698800 Roeselare, since 24-03-1994
Financial year end
31 December
Peppol
Reachable since 16-10-2025
Company details

Annual accounts 2025

≈ €460,000estimated
€318,210▼ 2.8%
Employeeson 31-12-2025
4=
Filing
Filed on 12-10-2026
Financials

Insights on DEN AREND

DEN AREND files the micro format. That format states no turnover. The gross margin rose from €86,902 in 2006 to €172,110 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DEN AREND

What is the company number of DEN AREND?
The company number of DEN AREND is 0451.926.265. The VAT number is the same number with BE in front: BE 0451.926.265.
Where is DEN AREND based?
The registered office is at Polenplein 1, 8800 Roeselare.Company details
What does DEN AREND do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of DEN AREND?
DEN AREND is a private limited company (BV).
When was DEN AREND founded?
DEN AREND was founded on 13-01-1994.
Is DEN AREND still active?
Yes, DEN AREND is an active enterprise in the KBO register.
How many employees does DEN AREND have?
DEN AREND had an average of 2.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DEN AREND fall under?
In its 2021 annual accounts, DEN AREND states joint committee 302 (Hotels and catering).
What is the turnover of DEN AREND?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €172,110 and 32 comparable companies (NACE 56301). It probably lies between €410,000 and €590,000.
Is DEN AREND profitable?
In financial year 2025, DEN AREND made a profit of €1,806.
Where can I find the annual accounts of DEN AREND?
DEN AREND filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEN AREND due?
DEN AREND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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