Diva
ActiveSummary
The computed 12-month bankruptcy probability of Diva is 3.3% (moderate). The 2026 annual accounts show equity of €851 and a net result of -€19,149. Its solvency ranks better than 25% of 201 sector peers (NACE 56, financial year 2026). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€136,949total assets 2026
- Equity
- €851
- Loss
- -€19,149
Turnover not published (micro format)
Why 49raises riskSector: Food and beverage service activities (NACE 56)Founded in 2025Equity €851 (0.6% of total assets)lowers riskLiquidity: current ratio 0.73, cash €28,691Show the evidence
Checked score
Score 2026
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 56, micro)
Financial strength
Weak
Solvency
26
equity 0.6% of total assets
Liquidity
37
short-term debt 72.7% · cash 21.0%
Profitability
1
return on assets -14.0%
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 3.9%
05-2026: 3.9%● unchanged vs 04-2026
06-2026: 4.1%▲ +0.2 percentage points vs 05-2026
07-2026: 4.4%▲ +0.3 percentage points vs 06-2026
08-2026: 4.6%▲ +0.2 percentage points vs 07-2026
09-2026: 4.9%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 3.3%▼ -1.6 percentage points vs 09-2026lowest value
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 26% on solvency, 32% on liquidity and 17% on profitability.
The bankruptcy probability was computed on 27-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-10-2026, 9 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2026
9 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2026 · micro…
- IncorporationAppointment: CARDINAEL Christoph (director) ·…
Financials · financial year 2026, micro format
Equity
€851
Total assets
€136,949
Net result
-€19,149
Working capital
-€26,431
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €136,949
Fixed assets
€63,803
Current assets
€73,146
Equity and liabilities €136,949
Equity
€851
Debt
€136,098
Debt finances 99.4% of the balance-sheet total.
Key figures and ratios
EBITDA
-€10,179
Cash flow
-€12,729
Current ratio
0.73
Quick ratio
0.51
ROA
-14.0%
Interest coverage
-3.93
Debt ≤ 1 year
€99,577
Debt > 1 year
€36,521
Staff costs
€251,400
Equity ratios withheld: equity of €851 is too small for a meaningful ratio.
Peer companies
Historical observationOf the 167 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 89.2% are still going.
- Micro
- under 2 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
4.2%
went bankrupt
6.6%
stopped otherwise
89.2%
still going
For this company itself Checked computes a bankruptcy probability of 3.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 167 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2026 |
|---|---|
| Remuneration, social security and pensions62 | €251,400 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,421 |
| Non-recurring operating charges66A | €15,000 |
| Gross operating margin9900 | €256,221 |
| Operating profit (loss)9901 | -€16,599 |
| Financial income75/76B | €37 |
| Recurring financial income75 | €37 |
| Financial charges65/66B | €2,587 |
| Recurring financial charges65 | €2,587 |
| Profit (loss) for the period before taxes9903 | -€19,149 |
| Profit (loss) for the period9904 | -€19,149 |
| Profit (loss) for the period to be appropriated9905 | -€19,149 |
| Line | 2026 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €136,949 | |
| Fixed assets21/28 | €63,803 | |
| Tangible fixed assets22/27 | €63,353 | |
| Plant, machinery and equipment23 | €63,353 | |
| Financial fixed assets28 | €450 | |
| Current assets29/58 | €73,146 | |
| Stocks and contracts in progress3 | €22,738 | |
| Stocks30/36 | €22,738 | |
| Amounts receivable within one year40/41 | €1,977 | |
| Other amounts receivable41 | €1,977 | |
| Cash at bank and in hand54/58 | €28,691 | |
| Deferred charges and accrued income490/1 | €19,740 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €136,949 | |
| Equity10/15 | €851 | |
| Contributions10/11 | €20,000 | |
| Profit (loss) carried forward14 | -€19,149 | |
| Amounts payable17/49 | €136,098 | |
| Amounts payable after more than one year17 | €36,521 | |
| Financial debts170/4 | €36,521 | |
| Amounts payable within one year42/48 | €99,577 | |
| Current portion of amounts payable after more than one year42 | €10,264 | |
| Trade debts44 | €47,626 | |
| Suppliers440/4 | €47,626 | |
| Taxes, remuneration and social security45 | €37,716 | |
| Taxes450/3 | €18,974 | |
| Remuneration and social security454/9 | €18,742 | |
| Other amounts payable47/48 | €3,972 | |
| Line | 2026 |
|---|---|
| Profit (loss) for the period9904 | -€19,149 |
| + Depreciation and write-downs630 | €6,421 |
| Operating cash flow (approximation) | -€12,729 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 22-10-2026 | 2026-00566029 |
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Of the 20,116 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,696. 1,492 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, no change since 2025
CARDINAEL Christoph
CurrentDirector · since 28-03-2025
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
1 person since 2025, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| CARDINAEL Christoph |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 28-03-2025 ↗
- CARDINAEL Christoph 150 shares (100%) · €20,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 28-03-2025 Incorporation · €20,000 · 150 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
Rootjen18
via CARDINAEL Christoph · Director (not named in the articles)
→
History
Acts, filings and financial milestones
2026
22-10
NBB filing
Annual accounts filed
financial year 2026 · micro format
2025
28-03
Gazette deed
IncorporationAppointment: CARDINAEL Christoph (director) · Founder · Founding capital14 facts ▸
Gazette deed
Incorporation
Appointment: CARDINAEL Christoph (director) · Founder · Founding capital14 facts ▸
- Founder, CARDINAEL Christoph (comparant,oprichter)
- Incorporation, 25-03-2025
- Other provision, 25-03-2025
- Other provision, “wijzing aansprakelijkheid oprichter, faillissement binnen drie jaar na oprichting” (deed in Dutch)
- Founding capital, €20,000
- Other provision, “bevestiging deponering stortingen”, 20000 (deed in Dutch)
- Other provision, “heden, beschikking over som” (deed in Dutch)
- Other provision, “Titel III EFFECTEN” (deed in Dutch)
- Registered office clause, “9900 Eeklo,Molenstraat 155” (deed in Dutch)
- Board rule, 1
- Director appointment, CARDINAEL Christoph (director)
- Other provision, “bestuursverbod-verklaring, geen actief bestuursverbod opgelegd” (deed in Dutch)
- +2 further facts in this act
Gazette deedNBB filing
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded26-03-2025
Financial year end31-03
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
56301Cafés and bars
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:1021483046
Also
9925:BE1021483046
Registered
01-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLievegemunit no. 2.372.222.201
Dual-learning approval
1 live approvalRestaurant en keuken duaal (so)
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Eeklo · 1 establishment unit since 2025
Ground area
871 m²
Building footprint
420 m²
Building volume
2,374 m³
2 parcels, Flanders · tallest building 10.8 m. Linked by address, not a title deed.
1 establishment unit
Brasserie Plan B
since 2025unit no. 2.372.222.201
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44072C1698/00D000 | Flanders | 653 m² | 1 · 321 m² | 10.3 m · 2 |
| 43352E1551/00Y000 | Flanders | 218 m² | 1 · 100 m² | 10.8 m · 2 |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Uitbating van restaurant,restaurant van het traditionele type,café restaurant (taverne),tea-room,ijssalon; Uitbating en inrichting van…” (deed in Dutch)
13 activities (deed in Dutch)
- Uitbating van restaurant,restaurant van het traditionele type,café restaurant (taverne),tea-room,ijssalon;
- Uitbating en inrichting van snackbar,frituur,taverne en brasserie,bistro en dergelijke,verkoop aan de toog van eetwaren en dranken die ter plaatse verbruikt worden;
- Uitbating van drankgelegenheden en cafés,de verkoop van dranken voor,in het algemeen,consumptie ter plaatse;
- Het bereiden,de aan- en verkoop,van gerechten en maaltijden voor het meenemen en/of thuisbestellen alsook leveren
- Het verzorgen van catering en uitzendkoks;het bereiden van maaltijden en spijzen in centrale keukens,voor rekening van derden,verzorgen van feesten en recepties,het klaarmaken en thuisbezorgen en eventueel serveren van maaltijden en bereide schotels;het organiseren en verzorgen van bruiloften,banketten,cocktails,lunches,recepties,enz.
- Het verhuren van de lokalen,ruimtes voor de organisatie van feestelijkheden,evenementen,happenings,tentoonstellingen van culturele en artikelen aard,vernissages,enzovoort,dit alles in de meest ruime zin
- De fabricatie,productie,aan- en verkoop,import en export,commissie en consignatiehandel in groot- en kleinhandel van alle dranken waaronder tevens alcoholische dranken,alsook alle aanverwante diensten,gebruik- en verbruiksgoederen.
- De aankoop en financiering van vastgoed;
- Het vervullen van alle administratieve formaliteiten en diensten die met al het voorgaande verband houden.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend en roerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en roerende zakelijke rechten zoals onder meer erfpachten opstalrechten en de huurfinanciering van onroerende goederen aan derden,het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom,ruilen,doen bouwen,doen verbouwen,onderhouden,verhuren,huren,gratis ter beschikking stellen aan zaakvoerders en hun gezin,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen;
- Zakelijke dienstverlening in de meest ruime betekenis van het woord;
- Beheer van (eigen) onroerend goed:de verwerving,de vervreemding,de inleasinggeving,het beheer,de uitbating,de valorisatie,de verkaveling,de ordening,het huren en verhuren,het doen bouwen en het verbouwen van onroerende goederen,de procuratie;
- Het uitoefenen van een bestuurdersmandaat of mandaat van vereffenaar in andere ondernemingen,het verlenen van managementprestaties en het vervullen van interim-management opdrachten,het deelnemen aan het toezicht op ondernemingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Diva
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen, bestuursorgaan” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aan andere aandeelhouder onder levenden of bij overlijden zonder goedkeuring, geen beroep op rechter bij weigering” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Eerst aan bestaande aandeelhouders naar evenredigheid, nieuwe aandelen in geld” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of September
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering beraadslagend zoals inzake statutenwijziging” (deed in Dutch)“Ontbinding op elk moment door algemene vergadering beslissend in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd, om welke reden en op welk ogenblik…” (deed in Dutch)