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Hole10

Active Private limited companyfounded 2023active for 3 yearsSingelweg (onteigend) 2, 9120 BeverenKBO/BCE: BE 0800.109.547

Lifetime

1 annual account with figures
peak €246,628 (2024)
€246,628 
peak €74,593 (2024)
€74,593 
peak €93,193 (2024)
€93,193 
€211,460 
peak 4 FTE (2024)
4 FTE 
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
12-12-2025134 days late
2024abbreviated format
First year with figures

Key points

from the 2024 annual accounts

Turnover

≈ €750,000 estimated

The abbreviated format states no turnover.

2024 accounts filed 134 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,274 companies had the same profile as Hole10 has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 39,274 companies, not a prediction for Hole10. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 90 sharesdeed of 31-03-2023
  • 10 sharesdeed of 31-03-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0800109547
Incorporation Founding capital of €18,600, 100 shares · Founders: and · Appointments: (director) and (director) · published on 31-03-2023 · Gazette deed
First establishment Singelweg (onteigend) 2, Beveren
All 4 events

Comparable companies

same main activity, similar in size and age
Company
Hole10 Beveren €304,654 €246,628 30.6% 4
MEWODASU Ghent €390,443 €321,718 38.8% 4.2
Peter & Rachid Zwalm €343,296 €281,559 55.5% 3.4
Studio Frites Sint Antonius Zoersel €288,732 €193,826 -13.6% 3.8
Corland Bruges €315,862 €291,738 29.9% 3.9
GRAVIDAD Antwerp €279,267 €214,749 47.3% 2.6
RACHEL & SIMONNE Tessenderlo-Ham €234,277 €346,007 -38.9% 4.4

These companies have the same main activity as Hole10: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €234,000 and €390,000, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 29-03-2023Normal situation
Activity
Full-service restaurantsNACE 56111and 5 others
Establishment unit
2.343.457.9399120 Beveren, since 29-03-2023
Financial year end
31 December
Peppol
Reachable since 07-07-2026
Company details

Annual accounts 2024

€304,654
Employeeson 31-12-2024
4
Filing
Filed on 12-12-2025
Financials

Insights on Hole10

The 2024 annual accounts show equity of €93,193 and a net result of €74,593. Its solvency ranks better than 48% of 2,896 sector peers (NACE 56, financial year 2024).

The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Hole10

What is the company number of Hole10?
The company number of Hole10 is 0800.109.547. The VAT number is the same number with BE in front: BE 0800.109.547.
Where is Hole10 based?
The registered office is at Singelweg (onteigend) 2, 9120 Beveren.Company details
What does Hole10 do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Hole10?
Hole10 is a private limited company (BV).
When was Hole10 founded?
Hole10 was founded on 29-03-2023.
Is Hole10 still active?
Yes, Hole10 is an active enterprise in the KBO register.
How many employees does Hole10 have?
Hole10 had an average of 4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Hole10?
The turnover in financial year 2024 is ≈ €750,000. This figure is estimated from the gross margin of €246,628 and 31 comparable companies (NACE 56111). It probably lies between €620,000 and €830,000.
Is Hole10 profitable?
In financial year 2024, Hole10 made a profit of €74,593.
Where can I find the annual accounts of Hole10?
Hole10 filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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