Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
€2.1m of the debts are secured on the company's own assets. In 2023 that was €1.4m.
Board changed. Latest change 05-12-2025 · 2 in office.
Lower net result than 89% of companies in food and beverage service. Sector median €9,768 · 956 companies.
The dashed line is the sector median: 0.9% across 1,618 companies (NACE 56, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 13% of them on solvency, 53% on liquidity, 15% on profitability and 1% on growth.
The bankruptcy probability was computed on 05-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
In July 2024, 1,251 companies had the same profile as Désirée Oostende has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Désirée Oostende itself is higher: 2.3% within 12 months. It rests on far more data about Désirée Oostende than the profile alone.
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.
| 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 1,251 companies, not a prediction for Désirée Oostende. 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.
Liquidity is insufficient, with a current ratio of 0.38 (0.12 in 2024), below 1. Short-term debt is 5.4% and cash 0.1% of total assets. Equity is negative.
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.
The company filed its last 4 accounts on average 16 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.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Désirée Oostende Antwerp | €2.1m | €96,223 | -4.8% | - |
| LMDH Knokke-Heist | €1.2m | €101,230 | -54.2% | 2.7 |
| Metier Puurs-Sint-Amands | €1.8m | €98,210 | 6.1% | - |
| Has Tat Genk | €1.2m | €83,330 | 5.7% | - |
| EMMA LAROC Lichtervelde | €3.8m | €67,819 | 14.2% | - |
| Delycent Evergem | €1.9m | €172,763 | 29.6% | - |
| Resto Julie Bruges | €1.9m | €157,018 | -7.2% | - |
These companies have the same main activity as Désirée Oostende: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €1.2m and €3.8m, founded between 2016 and 2021.
Solvency fell in 2025 from 0.4% to -4.8% because of the loss and higher debts to suppliers.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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