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HAUT

Active
Private limited companyfounded 20242 yrs activeVan Iseghemlaan 105, 8400 Oostende, BelgiumKBO/BCE: BE 1004.789.643
Summary

The computed 12-month bankruptcy probability of HAUT is 4.2% (elevated). The 2025 annual accounts show negative equity (-€44,103) and a net result of €78,510. Its solvency ranks better than 20% of 3757 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability80▲+80
Solvency20▲+8
Growth78
Track record82
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 0.43 in 2024; short-term debt: 44% and cash: 9% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3757 sector peers (2025).
NBB · sector comparison
Position among 3757 sector peers
Solvency
better than 20%
← 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 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
30 d early
2024
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 January 2024, HAUT was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€44,103▲ 64.0%
2024 · -€122,613
Total assets
€877,710▼ 5.9%
2024 · €932,512
Net result
€78,510
2024 · -€272,613
Working capital
-€156,222▲ 48.0%
2024 · -€300,299
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€255,420-€99,045
Net result-€272,613-€78,510
Equity-€122,613--€44,103▲ 64.0%
Total assets€932,512-€877,710▼ 5.9%
Debt€1.1m-€921,813▼ 12.6%
Working capital-€300,299--€156,222▲ 48.0%
Staff (FTE)5.6-10.9▲ 94.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2025 Staff (FTE) +95% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2024: -€255,420-€255,420Net result 2024: -€272,613-€272,613Operating result 2025: €99,045€99,045Net result 2025: €78,510€78,51020242025-€300,000-€200,000-€100,000€0€100,000Operating result 2024: -€255,420-€255,000Net result 2024: -€272,613-€273,000Operating result 2025: €99,045€99,000Net result 2025: €78,510€78,50020242025
The operating result returns to profit in 2025: €99,045 after a loss of €255,420 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €877,710
Fixed assets €647,464 ▼ 8.0%
Current assets €230,246 ▲ 0.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€187,744▲
2024 · -€205,348
Cash flow
€167,210▲
2024 · -€222,542
Solvency
-5.0%▲
2024 · -13.1%
Current ratio
0.60▲
2024 · 0.43
Quick ratio
0.34▲
2024 · 0.29
Debt to equity
-20.90▼
2024 · -8.61
ROA
8.9%▲
2024 · -29.2%
Interest coverage
9.14▲
2024 · -9.73
Debt ≤ 1 year
€386,468▼
2024 · €528,999
Debt > 1 year
€403,969▼
2024 · €447,699
Staff costs
€673,327▲
2024 · €315,209
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 825 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 92% are still going.

  • Small
  • negative equity
  • a profit of 5% of the balance sheet or more
  • without age
2.8% went bankrupt
3.5% stopped otherwise
92% still going

A further 1.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 825 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€932,512€877,710▼
Fixed assets21/28€703,812€647,464▼
Intangible fixed assets21€17,729€13,726▼
Tangible fixed assets22/27€686,083€633,396▼
Plant, machinery and equipment23€91,735€102,475▲
Furniture and vehicles24€3,426€2,662▼
Other tangible fixed assets26€590,922€528,259▼
Financial fixed assets28-€342
Current assets29/58€228,700€230,246▲
Stocks and contracts in progress3€73,172€100,731▲
Stocks30/36€73,172€100,731▲
Amounts receivable within one year40/41€16,622€38,964▲
Trade receivables40€13,022€29,335▲
Other amounts receivable41€3,600€9,629▲
Cash at bank and in hand54/58€130,829€78,687▼
Deferred charges and accrued income490/1€8,077€11,865▲
Equity and liabilities
Total equity and liabilities10/49€932,512€877,710▼
Equity10/15-€122,613-€44,103▲
Contributions10/11€150,000€150,000=
Profit (loss) carried forward14-€272,613-€194,103▲
Amounts payable17/49€1.1m€921,813▼
Amounts payable after more than one year17€447,699€403,969▼
Financial debts170/4€447,699€403,969▼
Amounts payable within one year42/48€528,999€386,468▼
Current portion of amounts payable after more than one year42€42,045€43,730▲
Trade debts44€65,376€89,152▲
Suppliers440/4€65,376€89,152▲
Taxes, remuneration and social security45€56,577€103,587▲
Taxes450/3€10,592€10,392▼
Remuneration and social security454/9€45,985€93,195▲
Other amounts payable47/48€365,000€150,000▼
Accrued charges and deferred income492/3€78,427€131,376▲
Income statement Code20242025
Remuneration, social security and pensions62€315,209€673,327▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,072€88,700▲
Other operating charges640/8€527€1,785▲
Gross operating margin9900€110,388€862,856▲
Operating profit (loss)9901-€255,420€99,045▲
Financial income75/76B€3,902€18▼
Recurring financial income75€3,902€18▼
Financial charges65/66B€21,096€20,552▼
Recurring financial charges65€21,096€20,552▼
Profit (loss) for the period before taxes9903-€272,613€78,510▲
Profit (loss) for the period9904-€272,613€78,510▲
Profit (loss) for the period to be appropriated9905-€272,613€78,510▲
Appropriation of the result
Profit (loss) to be appropriated9906-€272,613-€194,103▲
Profit (loss) brought forward from the previous period14P--€272,613
Social balance
Average headcount (FTE)90875.610.9▲

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€315,209€673,327▲ 114%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,072€88,700▲ 77.1%
Other operating charges640/8€527€1,785▲ 239%
Gross operating margin9900€110,388€862,856▲ 682%
Operating profit (loss)9901-€255,420€99,045▲ 139%
Financial income75/76B€3,902€18▼ 99.6%
Recurring financial income75€3,902€18▼ 99.6%
Financial charges65/66B€21,096€20,552▼ 2.6%
Recurring financial charges65€21,096€20,552▼ 2.6%
Profit (loss) for the period before taxes9903-€272,613€78,510▲ 129%
Profit (loss) for the period9904-€272,613€78,510▲ 129%
Profit (loss) for the period to be appropriated9905-€272,613€78,510▲ 129%
Line20242025Change
Assets
Total assets20/58€932,512€877,710▼ 5.9%
Fixed assets21/28€703,812€647,464▼ 8.0%
Intangible fixed assets21€17,729€13,726▼ 22.6%
Tangible fixed assets22/27€686,083€633,396▼ 7.7%
Plant, machinery and equipment23€91,735€102,475▲ 11.7%
Furniture and vehicles24€3,426€2,662▼ 22.3%
Other tangible fixed assets26€590,922€528,259▼ 10.6%
Financial fixed assets28-€342-
Current assets29/58€228,700€230,246▲ 0.7%
Stocks and contracts in progress3€73,172€100,731▲ 37.7%
Stocks30/36€73,172€100,731▲ 37.7%
Amounts receivable within one year40/41€16,622€38,964▲ 134%
Trade receivables40€13,022€29,335▲ 125%
Other amounts receivable41€3,600€9,629▲ 167%
Cash at bank and in hand54/58€130,829€78,687▼ 39.9%
Deferred charges and accrued income490/1€8,077€11,865▲ 46.9%
Equity and liabilities
Total equity and liabilities10/49€932,512€877,710▼ 5.9%
Equity10/15-€122,613-€44,103▲ 64.0%
Contributions10/11€150,000€150,000=
Profit (loss) carried forward14-€272,613-€194,103▲ 28.8%
Amounts payable17/49€1.1m€921,813▼ 12.6%
Amounts payable after more than one year17€447,699€403,969▼ 9.8%
Financial debts170/4€447,699€403,969▼ 9.8%
Amounts payable within one year42/48€528,999€386,468▼ 26.9%
Current portion of amounts payable after more than one year42€42,045€43,730▲ 4.0%
Trade debts44€65,376€89,152▲ 36.4%
Suppliers440/4€65,376€89,152▲ 36.4%
Taxes, remuneration and social security45€56,577€103,587▲ 83.1%
Taxes450/3€10,592€10,392▼ 1.9%
Remuneration and social security454/9€45,985€93,195▲ 103%
Other amounts payable47/48€365,000€150,000▼ 58.9%
Accrued charges and deferred income492/3€78,427€131,376▲ 67.5%
Line20242025Change
Profit (loss) for the period9904-€272,613€78,510▲ 129%
+ Depreciation and write-downs630€50,072€88,700▲ 77.1%
Operating cash flow (approximation)-€222,542€167,210▲ 175%
Investment in fixed assets (approximation)--€32,352-
Change in cash--€52,143-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €78,510
Net result €78,510 after one loss-making year.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
2,735 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
HAUT
Leopold III-laan 2, 8400 OostendeAgents in non-specialised wholesale trade
since 20242.355.342.716
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A4616/00A000 Flanders 1.7 ha 1 · 2,735 m² -
35013A1595/00F038 Flanders 639 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group VASTGOEDGROEP DEGROOTE 13 companies Group, risk and exposure

Owners and holdings

3 owners

Chain of control

  1. VASTGOEDGROEP DEGROOTE 100%
  2. HAUT

Highest known parent: VASTGOEDGROEP DEGROOTE. The sources do not say who stands above it.

Owners 3

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Oostende2.355.342.716
1 permission
Toelating · Eetgelegenheid · since 16-07-2024

Similar companies · same sector, comparable size

Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. 2,546 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004789643
Also 9925:BE1004789643
Registered 22-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.