Skip to content

ET ALORS

Active
Private limited companyfounded 20214 years activeHippoliet Lippensplein 25, 9000 Gent, BelgiumKBO/BCE: BE 0779.337.095
Summary

The computed 12-month bankruptcy probability of ET ALORS is 5.8% (elevated). The annual accounts of ET ALORS for fiscal year 2025 show a net loss of 4,231% of the equity at the start of that year. The 2025 annual accounts show equity of €3,720 and a net result of -€78,127. Equity is shrinking by ~50.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 4,578 sector peers (NACE 56, fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€348,015total assets 2025
Staff
2 FTE
Equity
€3,720
Loss
-€78,127
Turnover not published (abridged schema)
Financial health
36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.8%
Structure
Accounts 31 days early1 of 2 deeds read
Why 36- Sector Food and beverage service activities (NACE 56)- 1 change of registered office in 24 months- Founded in 2021- Loss of €78,127, the second in a row (FY 2025)Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 36% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Weak
Solvency 26+1
equity 1.1% of total assets
Liquidity 24-13
short-term debt 71.4% · cash 10.1%
Profitability 0-38
return on assets -22.4%
Bankruptcy probability, 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,697 companies)
Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.5%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 2.6%▲ +0.1 percentage points vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 2.7%▲ +0.1 percentage points vs 03-2025 05-2025: 2.9%▲ +0.2 percentage points vs 04-2025 06-2025: 2.9%● unchanged vs 05-2025 07-2025: 3.0%▲ +0.1 percentage points vs 06-2025 08-2025: 3.8%▲ +0.8 percentage points vs 07-2025 09-2025: 3.4%▼ -0.4 percentage points vs 08-2025 10-2025: 3.4%● unchanged vs 09-2025 11-2025: 3.4%● unchanged vs 10-2025 12-2025: 3.4%● unchanged vs 11-2025 01-2026: 3.4%● unchanged vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 3.6%▲ +0.2 percentage points vs 04-2026 06-2026: 7.0%▲ +3.4 percentage points vs 05-2026highest value 07-2026: 5.8%▼ -1.2 percentage points vs 06-2026 08-2026: 5.8%● unchanged vs 07-2026 09-2026: 5.8%● unchanged vs 08-2026 10-2026: 5.8%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.46 against 0.33 in 2024; short-term debt: 71.4% and cash: 10.1% of total assets), and 98.9% of the assets are financed with debt.
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, 20% on liquidity, 8% on profitability and 89% on growth.

The bankruptcy probability was computed on 07-10-2026 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).

Credit check for your own amount and term

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

Signals

Six signals.
+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Founded in 2021
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Loss of €78,127, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 4578 sector peers (2025).
NBB · sector comparison
Position among 4578 sector peers
Solvency
better than 23%
← weakest strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
31 days early
2024
31 days early
2023
33 days early
2022
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Registered officeRegistered-office move · Power of…
  3. Weakest financial yearnet -€78,127

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€78,127 View
  • Caution: Result fell in 2025from -€14,420 to -€78,127 ▼ 442% View
  • Caution: Among the weakest 7% on net resultsector median €10,391 · 4,571 companies -€78,127 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€348,015
Loss
-€78,127
Solvency
1.1%
Total assets▼ 20.0%
Net result
20222025
Go to Financials

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 30-06-2025Annual accounts filed
  2. 28-06-2024Annual accounts filed
  3. 06-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
24-12-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.