Skip to content

FIEVEZ - CADET

Active
Public limited companyfounded 1990active for 36 yearsMurissonstraat 5, 8930 Menen, BelgiumKBO/BCE: BE 0439.804.037
Summary

FIEVEZ - CADET has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €281,752 and a net result of -€11,011. Equity has been stable since 2018 (±1% per year). Its solvency ranks better than 91% of 4,785 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 18-01-1990 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 2 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.047.268.439 8930 Menen, since 28-02-1990
Financial year end
31 December
Peppol
Reachable since 23-12-2024

Board and ownership

Board

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€46,534
▼ 9.5%
Turnover
≈ €250,000
estimated
Loss
€11,011
▼ 63.3%
Equity
€281,752
▼ 3.8%
Total assets
€355,737
▼ 1.0%
Employees on 31-12-2025
1
=
  • 2025 accounts filed 56 days after the deadline
Filed on 25-09-2026
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 56 days late; 2 of the last 3 accounts lateLiquidity: current ratio 4.36, cash €6,851, halvedlowers riskFounded in 1990Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 49% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 100=
equity 79.2% of total assets
Liquidity 46-5
short-term debt 20.8% · cash 1.9%
Profitability 23+15
return on assets -3.1%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025lowest value 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.0%▼ -0.1 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 1.0%▼ -0.4 percentage points vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.36 (4.95 in 2024), above the usual 1.5. Short-term debt is 20.8% and cash 1.9% of total assets. 20.8% of the assets are financed with debt and provisions.
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, 41% on liquidity, 25% on profitability and 36% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Six signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Last filed accounts filed 56 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 4.36, cash €6,851, halved
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€11,011
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
56 days late
2024
2 days early
2023
50 days late
2022
31 days early
2021
31 days late
2020
30 days late
2019
88 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 32 days after 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 31 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Key points

  • Positive: 3rd largest company by equity in Menen, Accommodation and food service sectorin the Checked rankings No. 3 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€11,011 View

Recent changes

  1. · Gazette deed Reappointments: Marie Jeanne Cadet, Stéphane Fievez and Thierry Fievez
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as FIEVEZ - CADET: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €295,000 and €421,000, founded between 1984 and 1996.

CompanyTotal assetsGross margin
FIEVEZ - CADET Menen€355,737€46,534
LUCIANO Hasselt€404,263€51,527
FRITSHOP Wichelen€316,132€60,263
GLACE JOZEF Edegem€372,173€61,229
BIG - BAG Fleurus€352,413€66,092
LE REVE DU BENGALE Sint-Lambrechts-Woluwe€295,330€62,574
MCDW Time Square Brussel€421,259€37,977
Full comparison

Key facts about FIEVEZ - CADET

What is the company number of FIEVEZ - CADET?
The company number of FIEVEZ - CADET is 0439.804.037. The VAT number is the same number with BE in front: BE 0439.804.037.
Where is FIEVEZ - CADET based?
The registered office is at Murissonstraat 5, 8930 Menen.Company details
What does FIEVEZ - CADET do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of FIEVEZ - CADET?
The legal form of FIEVEZ - CADET is Public limited company (NV).
When was FIEVEZ - CADET founded?
FIEVEZ - CADET was founded on 18-01-1990.
Is FIEVEZ - CADET still active?
Yes, FIEVEZ - CADET is an active enterprise in the KBO register.
How many employees does FIEVEZ - CADET have?
FIEVEZ - CADET had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FIEVEZ - CADET fall under?
In its 2025 annual accounts, FIEVEZ - CADET states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of FIEVEZ - CADET?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €46,534 and 83 comparable companies (NACE 56112). It probably lies between €190,000 and €340,000.
Is FIEVEZ - CADET profitable?
In financial year 2025, FIEVEZ - CADET made a loss of €11,011.
Where can I find the annual accounts of FIEVEZ - CADET?
FIEVEZ - CADET filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIEVEZ - CADET due?
FIEVEZ - CADET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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