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DEN ENGEL

Active Private limited companyfounded 2015active for 11 yearsDorpsstraat 12, 3730 Bilzen-HoeseltKBO/BCE: BE 0629.750.625

Lifetime

10 annual accounts with figures on one time axis
peak €42,614 (2025)
€42,614▲ 107%
lowest -€6,685 (2023)
€18,935▲ 85.7%
peak €60,875 (2025)
€60,875▲ 45.1%
€12,023▲ 23.8%
Board4 names since 2021
2 directorsColson Ronald and 1 other
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Gross margin from €20,578 to €42,614Result from €10,195 to €18,935Equity from €41,939 to €60,875Debts from €9,712 to €12,023Cash from €28,976 to €42,345

Key points

from the 2025 annual accounts

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Filings

10 annual accounts 5 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 31 days after the end of the period.

Position in the sector

83.5%

Higher solvency than 92% of companies in food and beverage service. Sector median 29.5% · 17,158 companies.

Checked score

97
Excellent
Financially stronger than 90% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).

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

Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.8%▼ -0.1 percentage points vs 01-2025 03-2025: 0.9%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.9 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 83.5% of total assets
96+2short-term debt 16.5% · cash 58.1%
100+7return on assets 26.0%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Size: total assets €72,898
lowers risk
Liquidity: current ratio 5.39, cash €42,345
Equity €60,875 (83.5% of total assets)
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, 95% on liquidity, 93% on profitability and 79% on growth.

The bankruptcy probability was computed on 09-11-2026 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).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as DEN ENGEL has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of DEN ENGEL itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 34,693 companies, not a prediction for DEN ENGEL. 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 €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.39 (4.41 in 2024), above the usual 1.5. Short-term debt is 16.5% and cash 58.1% of total assets. 16.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.39, cash €42,345
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Equity €60,875 (83.5% of total assets)
NBB · annual accounts
raises risk · Size: total assets €72,898
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 · 10 filings
Deviation from the deadline
2025
15 days early
2024
13 days early
2023
35 days early
2022
24 days early
2021
18 days early
2020
2 days late
2019
31 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 10 days before 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 13 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
10-11-2026 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

MR
Director, since 23-07-2021
CR
Director, since 01-11-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0629750625
Appointment: Colson Ronald (director) General meeting of 31-10-2024 · Gazette deed
Company renamed from WIJNANTS Karin to DEN ENGEL Resignations: WIJNANTS Karin Valentine Maurice (manager) and VANDERSMISSEN Kelly (manager) · Appointment: MARTENS Robin (director) · Director discharge: WIJNANTS Karin Valentine Maurice · General meeting of 23-07-2021 · Gazette deed
Incorporation published on 06-05-2015 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
DEN ENGEL Bilzen-Hoeselt €72,898 €42,614 83.5% -
CH Company Hasselt €71,449 €33,888 67.6% -
Hermes Beveren-Kruibeke-Zwijndrecht €72,160 €39,577 16.5% -
GTM SPORT Fleurus €74,473 €37,332 13.7% -
Het Verschil Kortrijk €70,603 €42,497 0.2% -
HORECA QUALITY EMTS Bassenge €82,029 €38,966 19.5% -
MAVIYA Antwerp €83,538 €41,523 31.2% -

These companies have the same main activity as DEN ENGEL: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €70,600 and €83,500, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 04-05-2015Normal situation
Activity
Full-service restaurantsNACE 56111
Establishment unit
2.241.678.0173730 Bilzen-Hoeselt, since 04-05-2015
Financial year end
31 December
Peppol
Reachable since 13-02-2025
Company details

Annual accounts 2025

€72,898▲ 41.1%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Insights on DEN ENGEL

DEN ENGEL files the micro format. That format states no turnover. The gross margin rose from €39,388 in 2016 to €42,614 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 ENGEL

What is the company number of DEN ENGEL?
The company number of DEN ENGEL is 0629.750.625. The VAT number is the same number with BE in front: BE 0629.750.625.
Where is DEN ENGEL based?
The registered office is at Dorpsstraat 12, 3730 Bilzen-Hoeselt.Company details
What does DEN ENGEL do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of DEN ENGEL?
DEN ENGEL is a private limited company (BV).
When was DEN ENGEL founded?
DEN ENGEL was founded on 04-05-2015.
Is DEN ENGEL still active?
Yes, DEN ENGEL is an active enterprise in the KBO register.
What is the turnover of DEN ENGEL?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €42,614 and 60 comparable companies (NACE 56111). It probably lies between €160,000 and €280,000.Financials
Is DEN ENGEL profitable?
In financial year 2025, DEN ENGEL made a profit of €18,935.
Where can I find the annual accounts of DEN ENGEL?
DEN ENGEL filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEN ENGEL due?
DEN ENGEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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