Equity
Equity fell by 99% in 2 years.
Equity fell by 99% in 2 years.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Of this, €247,041 falls due within a year.
In 2025, 5 people joined and 8 left.
The last five annual accounts were filed 39 to 92 days before the end of the period.
Lower net result than 95% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 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, micro). It does better than 26% of them on solvency, 33% on liquidity, 8% on profitability and 8% 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 30-06-2025.
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, 540 companies had the same profile as EETIDEE has now. Each dot stands for 2 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EETIDEE itself: 2.8% within 12 months.
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 540 companies, not a prediction for EETIDEE. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.13 (0.45 in 2024), below 1. Short-term debt is 29.7% and cash 0.5% of total assets. 99.4% of the assets are financed with debt and provisions.
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 7 accounts on average 65 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 | ||||
|---|---|---|---|---|
| EETIDEE Hasselt | €830,851 | €52,614 | 0.6% | - |
| H DESIGN Woluwe-Saint-Lambert | €840,142 | €56,731 | 40.3% | - |
| POORTGEBOUW Lanaken | €627,390 | €52,556 | 62.7% | - |
| MEDI-INVESTCO Hasselt | €756,382 | €83,817 | 49.2% | - |
| JOAL Brussels | €903,535 | €65,926 | 37.4% | - |
| VAN EEKELEN & PARTNERS Harelbeke | €594,784 | €53,558 | 15.3% | - |
| LD COOKING Leuven | €700,094 | €75,695 | 78.6% | - |
These companies have the same main activity as EETIDEE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €595,000 and €904,000, founded between 2001 and 2006.
EETIDEE files the micro format. That format states no turnover. The gross margin rose from €10,048 in 2007 to €52,614 in 2025.
The balance sheet grew most in 2009 through fixed assets, financed with long-term debt.
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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