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Het Eetablissement

Inactive
Private limited company (pre-2019)founded 2019Arbeidstraat 2, 9300 Aalst, BelgiumKBO/BCE: BE 0719.307.062

Inactive since 16-04-2026; last annual accounts for fiscal year 2021.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-12-2022, 150 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
150 d late
2020
1 d early
2019
104 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 84 days after 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 (1)
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

Het Eetablissement was incorporated on 23 January 2019.1 Total assets rose from EUR 759,348 in 2019 to EUR 927,402 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

Go further with this company

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

Financials · fiscal year 2021, micro schema

Equity
-€85,318▼ 317%
2020 · -€20,439
Total assets
€927,402▼ 8.8%
2020 · €1.0m
Net result
-€64,879▲ 36.0%
2020 · -€101,420
Working capital
-€291,476▼ 25.3%
2020 · -€232,560
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result-€38,617--€79,895▼ 107%-€36,576▲ 54.2%
Net result-€44,020--€101,420below the sector's middle half▼ 130%-€64,879below the sector's middle half▲ 36.0%
Equity€80,980--€20,439below the sector's middle half-€85,318below the sector's middle half▼ 317%
Total assets€759,348-€1.0mabove the sector's middle half▲ 34.0%€927,402above the sector's middle half▼ 8.8%
Debt€678,368-€1.0m▲ 53.0%€1.0m▼ 2.4%
Working capital-€49,656--€232,560below the sector's middle half▼ 368%-€291,476below the sector's middle half▼ 25.3%
Solvency10.7%--2.0%within the sector's middle half▼ 12.7pp-9.2%below the sector's middle half▼ 7.2pp
Current ratio0.72-0.37below the sector's middle half▼ 0.350.28below the sector's middle half▼ 0.09
Return on assets (ROA)-5.8%--10.0%within the sector's middle half▼ 4.2pp-7.0%below the sector's middle half▲ 3.0pp
Staff (FTE)2.7within the sector's middle half3▲ 11.1%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2019: -€38,617-€38,617Net result 2019: -€44,020-€44,020Operating result 2020: -€79,895-€79,895Net result 2020: -€101,420-€101,420Operating result 2021: -€36,576-€36,576Net result 2021: -€64,879-€64,879201920202021-€150,000-€100,000-€50,000€0Operating result 2019: -€38,617-€38,600Net result 2019: -€44,020-€44,000Operating result 2020: -€79,895-€79,900Net result 2020: -€101,420-€101,000Operating result 2021: -€36,576-€36,600Net result 2021: -€64,879-€64,900201920202021
The operating result stays negative: a loss of €36,576 in 2021 against €79,895 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €927,402
Fixed assets €814,845 ▼ 7.4%
Current assets €112,556 ▼ 18.1%
Key figures and ratios
2021 value · change against 2020
EBITDA
€33,023▲
2020 · -€46,006
Cash flow
€4,720▲
2020 · -€67,531
Debt to equity
-11.87▲
2020 · -32.68
Interest coverage
1.15
Debt ≤ 1 year
€404,033▲
2020 · €369,946
Debt > 1 year
€608,687▼
2020 · €667,868
Staff costs
€88,638
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 44 lines
Balance sheet Code20202021
Assets
Total assets20/58€1.0m€927,402▼
Fixed assets21/28€879,988€814,845▼
Intangible fixed assets21€5,971€9,507▲
Tangible fixed assets22/27€862,468€792,738▼
Plant, machinery and equipment23-€21,824
Furniture and vehicles24-€47,090
Other tangible fixed assets26-€723,824
Financial fixed assets28€11,550€12,600▲
Current assets29/58€137,386€112,556▼
Amounts receivable within one year40/41€132,610€82,056▼
Trade receivables40-€77,382
Other amounts receivable41-€4,675
Cash at bank and in hand54/58€2,819€25,464▲
Deferred charges and accrued income490/1-€5,036
Equity and liabilities
Total equity and liabilities10/49€1.0m€927,402▼
Equity10/15-€20,439-€85,318▼
Contributions10/11-€125,000
Profit (loss) carried forward14-€145,439-€210,318▼
Amounts payable17/49€1.0m€1.0m▼
Amounts payable after more than one year17€667,868€608,687▼
Financial debts170/4-€608,687
Amounts payable within one year42/48€369,946€404,033▲
Current portion of amounts payable after more than one year42-€118,058
Trade debts44€182,527€168,478▼
Suppliers440/4-€168,478
Advances received on contracts in progress46-€559
Taxes, remuneration and social security45-€30,765
Taxes450/3-€13,826
Remuneration and social security454/9-€16,938
Other amounts payable47/48-€86,174
Income statement Code20202021
Remuneration, social security and pensions62-€88,638
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,889€69,599▲
Other operating charges640/8-€1,707
Gross operating margin9900€36,577€123,367▲
Operating profit (loss)9901-€79,895-€36,576▲
Financial income75/76B-€379
Recurring financial income75€44€379▲
Financial charges65/66B-€28,681
Recurring financial charges65€21,569€28,681▲
Profit (loss) for the period before taxes9903-€101,420-€64,879▲
Profit (loss) for the period9904-€101,420-€64,879▲
Profit (loss) for the period to be appropriated9905-€101,420-€64,879▲
Appropriation of the result
Profit (loss) to be appropriated9906--€210,318
Profit (loss) brought forward from the previous period14P--€145,439

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Remuneration, social security and pensions62--€88,638-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,652€33,889€69,599▲ 105%
Other operating charges640/8--€1,707-
Gross operating margin9900-€33,826€36,577€123,367▲ 237%
Operating profit (loss)9901-€38,617-€79,895-€36,576▲ 54.2%
Financial income75/76B--€379-
Recurring financial income75-€44€379▲ 760%
Financial charges65/66B--€28,681-
Recurring financial charges65€5,403€21,569€28,681▲ 33.0%
Profit (loss) for the period before taxes9903-€44,020-€101,420-€64,879▲ 36.0%
Profit (loss) for the period9904-€44,020-€101,420-€64,879▲ 36.0%
Profit (loss) for the period to be appropriated9905-€44,020-€101,420-€64,879▲ 36.0%
Line201920202021Change
Assets
Total assets20/58€759,348€1.0m€927,402▼ 8.8%
Fixed assets21/28€632,503€879,988€814,845▼ 7.4%
Intangible fixed assets21-€5,971€9,507▲ 59.2%
Tangible fixed assets22/27€620,953€862,468€792,738▼ 8.1%
Plant, machinery and equipment23--€21,824-
Furniture and vehicles24--€47,090-
Other tangible fixed assets26--€723,824-
Financial fixed assets28€11,550€11,550€12,600▲ 9.1%
Current assets29/58€126,845€137,386€112,556▼ 18.1%
Amounts receivable within one year40/41€76,717€132,610€82,056▼ 38.1%
Trade receivables40--€77,382-
Other amounts receivable41--€4,675-
Cash at bank and in hand54/58€50,128€2,819€25,464▲ 803%
Deferred charges and accrued income490/1--€5,036-
Equity and liabilities
Total equity and liabilities10/49€759,348€1.0m€927,402▼ 8.8%
Equity10/15€80,980-€20,439-€85,318▼ 317%
Contributions10/11€125,000-€125,000-
Profit (loss) carried forward14-€44,020-€145,439-€210,318▼ 44.6%
Amounts payable17/49€678,368€1.0m€1.0m▼ 2.4%
Amounts payable after more than one year17€501,866€667,868€608,687▼ 8.9%
Financial debts170/4--€608,687-
Amounts payable within one year42/48€176,502€369,946€404,033▲ 9.2%
Current portion of amounts payable after more than one year42--€118,058-
Trade debts44€96,103€182,527€168,478▼ 7.7%
Suppliers440/4--€168,478-
Advances received on contracts in progress46--€559-
Taxes, remuneration and social security45--€30,765-
Taxes450/3--€13,826-
Remuneration and social security454/9--€16,938-
Other amounts payable47/48--€86,174-
Line201920202021Change
Profit (loss) for the period9904-€44,020-€101,420-€64,879▲ 36.0%
+ Depreciation and write-downs630€1,652€33,889€69,599▲ 105%
Operating cash flow (approximation)-€42,368-€67,531€4,720▲ 107%
Investment in fixed assets (approximation)--€281,375-€4,456▲ 98.4%
Change in cash--€47,310€22,646▲ 148%

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

2026
20-04
Bankruptcy Judicial dissolution and immediate closure
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 14-04-2026
2022
28-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 150 days late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€101,420
Net result drops to -€101,420, the lowest in the series.
12-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are 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, Aalst
exact location from the address register On OpenStreetMap
Ground area
459 m²
Building footprint
260 m²
Volume, LiDAR
1,734 m³
Parcel 41002A1976/00D000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41002A1976/00D000
ProtectedTownscape or village viewKeizersplein met aanpalende bebouwingSource ↗
Flanders 459 m² 1 · 260 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

1 owner

Owners 1

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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,500 companies in sector 56111 we hold annual accounts for 11,464. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded23-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

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