GET
ActiveSummary
The computed 12-month bankruptcy probability of GET is 2.0% (moderate). The 2025 annual accounts show negative equity (-€65,853) and a net result of -€374. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 954 sector peers (NACE 56, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-06-2006 Normal situation
- Activity
- Full-service restaurants NACE 56111
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 30-06-2023
- Establishment unit
- 2.154.760.671 7370 Dour, since 01-07-2006
- Financial year end
- 30 June
- Peppol
- Reachable since 06-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- Gross margin
- €181,800
- ▲ 80.4%
- Turnover
- ≈ €550,000
- estimated
- Loss
- €374
- ▼ 99.6%
- Equity
- -€65,853
- ▼ 0.6%
- Total assets
- €70,982
- ▲ 23.7%
- Staff
- ≈ 4.3 FTE
- estimated
- Negative equity on 30-06-2025
- 2025 accounts filed 11 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Negative equity -€65,853Last filed accounts filed 12 days late; 1 of the last 3 accounts latelowers riskSize: total assets €70,982Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 9% of them on solvency, 7% on liquidity, 41% on profitability and 40% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 70 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)
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 11 days after the deadline Filed on 11 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00038562.
Annual accounts 2025 filed on 11-02-2026 PDF all 19 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a profit of €1,689, after a loss of €91,732 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 30-06-2022 | 30-06-2023 |
|---|---|---|
| Employees at the balance-sheet date | 15 | 9 |
| full-time | - | 1 |
| part-time | 15 | 8 |
| in full-time equivalents | 6.2 | 4.3 |
| Average over the year, in full-time equivalents | 6 | 5.3 |
| On a permanent contract | 11 | 3 |
| Joined | 20 | 28 |
| Left | 17 | 28 |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €10,109 | - | €8,898 | - |
| Depreciation and write-downs of the year | €7,561 | €8,358 | €8,920 | €9,355 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €123,398 | €133,168 | €157,319 | €164,866 | ▲ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,684 | €6,684 | €8,238 | €7,561 | €8,358 | €8,920 | €9,355 | ▲ 4.9% |
| Other operating charges640/8 | - | - | - | €2,550 | €738 | €1,969 | €1,413 | ▼ 28.3% |
| Non-recurring operating charges66A | - | - | - | - | - | €24,272 | €4,477 | ▼ 81.6% |
| Gross operating margin9900 | €129,971 | €93,979 | €73,990 | €134,629 | €152,855 | €100,750 | €181,800 | ▲ 80.4% |
| Operating profit (loss)9901 | -€24,274 | €11,631 | €16,810 | €1,120 | €10,592 | -€91,732 | €1,689 | - |
| Financial income75/76B | - | - | - | - | - | - | €100 | - |
| Recurring financial income75 | - | - | - | - | - | - | €100 | - |
| Financial charges65/66B | - | - | - | €2,300 | €2,792 | €2,278 | €2,163 | ▼ 5.1% |
| Recurring financial charges65 | €2,614 | €1,747 | €1,075 | €2,300 | €2,792 | €2,278 | €2,163 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | -€26,888 | €9,884 | €15,735 | -€1,180 | €7,800 | -€94,010 | -€374 | ▲ 99.6% |
| Income taxes67/77 | €3,297 | €2,449 | - | €6,208 | - | - | - | - |
| Profit (loss) for the period9904 | -€30,185 | €7,435 | €15,735 | -€7,388 | €7,800 | -€94,010 | -€374 | ▲ 99.6% |
| Profit (loss) for the period to be appropriated9905 | -€30,185 | €7,435 | €15,735 | -€7,388 | €7,800 | -€94,010 | -€374 | ▲ 99.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €74,971 | €65,482 | €96,791 | €135,799 | €162,069 | €57,371 | €70,982 | ▲ 23.7% |
| Fixed assets21/28 | €40,390 | €33,706 | €33,238 | €35,786 | €27,427 | €27,405 | €18,050 | ▼ 34.1% |
| Tangible fixed assets22/27 | €40,340 | €33,656 | €33,188 | €35,736 | €27,377 | €27,355 | €18,000 | ▼ 34.2% |
| Land and buildings22 | - | - | - | €25,462 | €19,908 | €14,354 | €7,200 | ▼ 49.8% |
| Plant, machinery and equipment23 | - | - | - | €10,274 | €7,469 | €13,001 | €9,200 | ▼ 29.2% |
| Other tangible fixed assets26 | - | - | - | - | - | - | €1,600 | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €34,581 | €31,776 | €63,553 | €100,013 | €134,642 | €29,966 | €52,932 | ▲ 76.6% |
| Stocks and contracts in progress3 | €4,831 | €11,081 | €5,956 | €12,207 | €10,630 | €10,630 | €11,985 | ▲ 12.7% |
| Stocks30/36 | - | - | - | €12,207 | €10,630 | €10,630 | €11,985 | ▲ 12.7% |
| Amounts receivable within one year40/41 | €3,058 | €5,333 | €3,966 | €12,323 | €59,956 | €7,756 | €37,299 | ▲ 381% |
| Trade receivables40 | - | - | - | €1,861 | €48,315 | €3,147 | €3,147 | = |
| Other amounts receivable41 | - | - | - | €10,462 | €11,641 | €4,609 | €34,152 | ▲ 641% |
| Cash at bank and in hand54/58 | €4,587 | €13,146 | €53,631 | €75,483 | €64,056 | €11,580 | €3,648 | ▼ 68.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €74,971 | €65,482 | €96,791 | €135,799 | €162,069 | €57,371 | €70,982 | ▲ 23.7% |
| Equity10/15 | €4,949 | €12,384 | €28,119 | €20,731 | €28,531 | -€65,479 | -€65,853 | ▼ 0.6% |
| Contributions10/11 | €33,600 | €33,600 | - | €33,600 | €33,600 | €33,600 | €33,600 | = |
| Capital10 | - | - | - | - | - | €33,600 | €33,600 | = |
| Issued capital100 | - | - | - | - | - | €33,600 | €33,600 | = |
| Profit (loss) carried forward14 | -€28,651 | -€21,216 | -€5,481 | -€12,869 | -€5,069 | -€99,079 | -€99,453 | ▼ 0.4% |
| Amounts payable17/49 | €70,022 | €53,098 | €68,672 | €115,068 | €133,538 | €122,850 | €136,835 | ▲ 11.4% |
| Amounts payable within one year42/48 | €70,022 | €51,448 | €66,698 | €115,068 | €133,538 | €122,850 | €136,678 | ▲ 11.3% |
| Financial debts43 | - | - | - | - | €2 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €2 | - | - | - |
| Trade debts44 | €43,171 | €36,269 | €57,291 | €96,773 | €97,711 | €104,896 | €129,430 | ▲ 23.4% |
| Suppliers440/4 | - | - | - | €96,773 | €97,711 | €104,896 | €129,430 | ▲ 23.4% |
| Taxes, remuneration and social security45 | - | - | - | €18,295 | €35,663 | €17,954 | €7,248 | ▼ 59.6% |
| Taxes450/3 | - | - | - | €9,933 | €13,557 | €16,493 | €5,008 | ▼ 69.6% |
| Remuneration and social security454/9 | - | - | - | €8,362 | €22,106 | €1,461 | €2,240 | ▲ 53.3% |
| Other amounts payable47/48 | - | - | - | - | €161 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €156 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,185 | €7,435 | €15,735 | -€7,388 | €7,800 | -€94,010 | -€374 | ▲ 99.6% |
| + Depreciation and write-downs630 | €6,684 | €6,684 | €8,238 | €7,561 | €8,358 | €8,920 | €9,355 | ▲ 4.9% |
| Operating cash flow (approximation) | -€23,501 | €14,119 | €23,973 | €173 | €16,158 | -€85,090 | €8,982 | - |
| Investment in fixed assets (approximation) | - | €0 | -€7,770 | -€10,109 | €1 | -€8,898 | €0 | - |
| Change in cash | - | €8,559 | €40,485 | €21,852 | -€11,427 | -€52,476 | -€7,932 | ▲ 84.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,796 companies had the same profile as GET has now. Two years later, 2.1% had gone bankrupt and 90.4% were still going.
- Micro
- 20 years or older
- negative equity
- a small loss
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GET itself: 2.0% within 12 months.
Test of the method
The method was tested on the 497,446 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 2,796 companies, not a prediction for GET. 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.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | full format | 11-02-2026 | 2026-00038562 | |
| 30-06-2024 | full format | 01-05-2026 | 2026-00105461 | |
| 30-06-2023 | micro format | 06-02-2024 | 2024-00028359 | |
| 30-06-2022 | micro format | 14-03-2023 | 2023-00039084 | |
| 30-06-2021 | micro format | 24-01-2022 | 2022-01800331 | |
| 30-06-2020 | full format | 26-01-2021 | 2021-01900206 | |
| 30-06-2019 | full format | 22-01-2020 | 2020-01900428 | |
| 30-06-2018 | full format | 18-12-2018 | 2018-74800141 | |
| 30-06-2017 | full format | 29-01-2018 | 2018-02900116 | |
| 30-06-2016 | full format | 26-01-2017 | 2017-02700423 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 16-01-2024 Converted to available equity
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Nommés dans les statuts peuvent avoir qualité d’administrateurs statutaires, un ou plusieurs administrateurs personnes physiques ou morales…”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “En cas de refus cédant peut exiger rachat par opposants à valeur fixée par expert commun accord ou Président du Tribunal de l’Entreprise…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Organe d'administration doit convoquer l'assemblée générale, l'administrateur expose dans un rapport spécial les mesures proposées pour…”
Articles of association, deed of 16-01-2024 (in French)
Network & group
GET shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of GET. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-06
Gazette deed
MiscellaneousCourt decision12 points ▸
- Court decision, 18-05-2026
- Court decision, 27-04-2026
- Other provision, “demandeur, demandeur” (deed in French)
- Other provision, “conseil, conseil du demandeur” (deed in French)
- Other provision, “comparant, comparution du demandeur” (deed in French)
- Other provision, “comparant, comparution du défendeur” (deed in French)
- Other provision, 18-05-2026
- Other provision, “Président de Division, juge” (deed in French)
- Other provision, “Juge consulaire, juge” (deed in French), mentioned 2 times in the deed
- Other provision, “Greffier, greffier” (deed in French)
- Other provision, “liquidateur, liquidateur désigné par jugement du 27-04-2026” (deed in French)
- Other provision, “composition du tribunal” (deed in French)
16-01
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Board composition · Registered office clause5 points ▸
- General meeting, 29-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “entièrement disponibles pour distribution” (deed in French)
- Board composition, SAIDI Hakim (sole director)
- Registered office clause, “Région Wallonne, sera maintenu” (deed in French)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
4 activities
- L’exploitation de tous établissements ou de tous commerces à usage d’horeca,pizzeria,snack,restaurant,services traiteurs,boulangerie,pâtisserie,
- L’organisation de soirées,
- L’achat,la vente,l’import,l’export de tous produits ou matériels horeca,toutes exploitations ayant un rapport direct ou indirect avec ces établissements ou commerces,
- La livraison à domicile de plats préparés,.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53020D0888/00A000 | Wallonia | 810 m² | 1 · 739 m² | 27.3 m · 4 |