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GASTRO CONCEPT

Active
Private limited companyfounded 2017active for 8 yearsPastoor Paquaylaan 103, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0685.864.531

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of GASTRO CONCEPT is 9.0% (elevated). The 2024 annual accounts show negative equity (-€19,914) and a net result of €3,556. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 22% of 18,734 sector peers (NACE 56, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 12-12-2017 Normal situation
Legal form
Private limited company
Registered office
Pastoor Paquaylaan 103, 3550 Heusden-Zolder
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
Establishment unit
2.270.705.464 3582 Beringen, since 12-12-2017
Financial year end
31 December
Peppol
Reachable since 05-12-2025

Board and ownership

Board

Financial position

32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.0%
Annual accounts 2024
Gross margin
€15,659
Turnover
≈ €180,000
estimated
Profit
€3,556
Equity
-€19,914
▲ 15.2%
Total assets
€133,730
▲ 117%
2025 accounts not filed, 93 days past the deadline
Filed on 15-09-2025PDF
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 46 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 18-09-2025)Liquidity: current ratio 0.81, cash €48, halvedSector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 29% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2023
Weak
Solvency 10+10
equity -14.9% of total assets
Liquidity 0-1
short-term debt 114.9% · cash 0.0%
Profitability 44+44
return on assets 2.7%
Bankruptcy probability within 12 months
9.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 16.9% 12-2024: 17.6%▲ +0.7 percentage points vs 11-2024 01-2025: 20.2%▲ +2.6 percentage points vs 12-2024 02-2025: 20.2%● unchanged vs 01-2025 03-2025: 20.3%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 13.4%▼ -6.9 percentage points vs 03-2025 05-2025: 13.6%▲ +0.2 percentage points vs 04-2025 06-2025: 13.4%▼ -0.2 percentage points vs 05-2025 07-2025: 13.4%● unchanged vs 06-2025 08-2025: 15.7%▲ +2.3 percentage points vs 07-2025 09-2025: 17.6%▲ +1.9 percentage points vs 08-2025 10-2025: 10.6%▼ -7.0 percentage points vs 09-2025 11-2025: 10.6%● unchanged vs 10-2025 12-2025: 10.6%● unchanged vs 11-2025 01-2026: 10.6%● unchanged vs 12-2025 02-2026: 9.7%▼ -0.9 percentage points vs 01-2026 03-2026: 9.7%● unchanged vs 02-2026 04-2026: 10.1%▲ +0.4 percentage points vs 03-2026 05-2026: 6.4%▼ -3.7 percentage points vs 04-2026 06-2026: 6.2%▼ -0.2 percentage points vs 05-2026 07-2026: 5.9%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 6.5%▲ +0.6 percentage points vs 07-2026 09-2026: 7.1%▲ +0.6 percentage points vs 08-2026 10-2026: 9.0%▲ +1.9 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.81 (0.65 in 2023), below 1. Short-term debt is 114.9% and cash 0% of total assets. Equity is negative.
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 20% of them on solvency, 1% on liquidity, 33% on profitability and 61% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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Signals

Seven signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 46 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 18-09-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.81, cash €48, halved
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 18734 sector peers (2024).
NBB · sector comparison
Position among 18734 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 46 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 7 filings
Deviation from the deadline
2025
not filed
2024
46 days late
2023
384 days late
2022
60 days late
2021
61 days late
2020
31 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 112 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€19,914 View
  • Caution: Less equity than 83% of companies in food and beverage servicesector median €27,803 · 18,775 companies -€19,914 View

Documents

Annual accounts at the NBB

All 7 annual accounts

Articles and registers

Key facts about GASTRO CONCEPT

What is the company number of GASTRO CONCEPT?
The company number of GASTRO CONCEPT is 0685.864.531. The VAT number is the same number with BE in front: BE 0685.864.531.
Where is GASTRO CONCEPT based?
The registered office is at Pastoor Paquaylaan 103, 3550 Heusden-Zolder.Company details
What does GASTRO CONCEPT 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 GASTRO CONCEPT?
The legal form of GASTRO CONCEPT is Private limited company (BV).
When was GASTRO CONCEPT founded?
GASTRO CONCEPT was founded on 12-12-2017.
Is GASTRO CONCEPT still active?
Yes, GASTRO CONCEPT is an active enterprise in the KBO register.
What is the turnover of GASTRO CONCEPT?
The turnover in financial year 2024 is ≈ €180,000. This figure is estimated from the gross margin of €15,659 and 135 comparable companies (NACE 56112). It probably lies between €110,000 and €300,000. It is a rough estimate. In financial year 2021 turnover was €259,045.Financials
Is GASTRO CONCEPT profitable?
In financial year 2024, GASTRO CONCEPT made a profit of €3,556.
Where can I find the annual accounts of GASTRO CONCEPT?
GASTRO CONCEPT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as GASTRO CONCEPT: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €125,000 and €154,000, founded between 2016 and 2017.

CompanyTotal assetsGross margin
GASTRO CONCEPT Heusden-Zolder€133,730€15,659
YSR LIMO EXPRESS Brussel€129,339€14,997
IZOO Meerhout€124,940€14,670
Arlequino Blankenberge€128,944€18,564
Frituur Inakker Genk€144,427€21,145
Cikri Schilde€147,764€20,030
GOOD LUNCH Charleroi€153,731€16,842
Full comparison

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