Skip to content

Hook 23

Active
Private limited companyfounded 2024active for 2 yearsBijsstraat 20, 3790 Voeren, BelgiumKBO/BCE: BE 1010.996.059
Summary

The computed 12-month bankruptcy probability of Hook 23 is 3.5% (moderate). The 2025 annual accounts show equity of €2,501 and a net result of €1,001. Its solvency ranks better than 27% of 16,853 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00426345.

Turnover
≈ €230,000
Estimated: probably between €110,000 and €490,000
Total assets
€120,141
Net result
€1,001
Working capital
-€8,949

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €119,194
Fixed assets €81,697
Current assets €37,497
Equity and liabilities €120,141
Equity €2,501
Debt €117,641
Debt finances 97.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,856
Cash flow
€10,392
Current ratio
0.81
Quick ratio
0.67
Debt to equity
47.04
ROE
40.0%
ROA
0.8%
Interest coverage
2.84
Debt ≤ 1 year
€46,446
Debt > 1 year
€71,195
Staff costs
€2,933

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.0% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.0% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,135 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 · 46 lines
Balance sheet Code2025
Assets
Total assets20/58€120,141
Formation expenses20€948
Fixed assets21/28€81,697
Tangible fixed assets22/27€81,697
Land and buildings22€20,756
Plant, machinery and equipment23€55,003
Furniture and vehicles24€5,938
Current assets29/58€37,497
Stocks and contracts in progress3€6,519
Stocks30/36€6,519
Amounts receivable within one year40/41€5,651
Trade receivables40€3,820
Other amounts receivable41€1,831
Cash at bank and in hand54/58€21,240
Deferred charges and accrued income490/1€4,088
Equity and liabilities
Total equity and liabilities10/49€120,141
Equity10/15€2,501
Contributions10/11€1,500
Reserves13€1,001
Distributable reserves133€1,001
Amounts payable17/49€117,641
Amounts payable after more than one year17€71,195
Financial debts170/4€71,195
Amounts payable within one year42/48€46,446
Current portion of amounts payable after more than one year42€13,160
Trade debts44€29,495
Suppliers440/4€29,495
Taxes, remuneration and social security45€3,791
Taxes450/3€244
Remuneration and social security454/9€3,547
Income statement Code2025
Remuneration, social security and pensions62€2,933
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,391
Other operating charges640/8€2,100
Non-recurring operating charges66A€237
Gross operating margin9900€21,126
Operating profit (loss)9901€6,464
Financial income75/76B€120
Recurring financial income75€120
Financial charges65/66B€5,584
Recurring financial charges65€5,584
Profit (loss) for the period before taxes9903€1,001
Profit (loss) for the period9904€1,001
Profit (loss) for the period to be appropriated9905€1,001
Appropriation of the result
Profit (loss) to be appropriated9906€1,001
Transfer to equity691/2€1,001
To other reserves6921€1,001

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€2,933
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,391
Other operating charges640/8€2,100
Non-recurring operating charges66A€237
Gross operating margin9900€21,126
Operating profit (loss)9901€6,464
Financial income75/76B€120
Recurring financial income75€120
Financial charges65/66B€5,584
Recurring financial charges65€5,584
Profit (loss) for the period before taxes9903€1,001
Profit (loss) for the period9904€1,001
Profit (loss) for the period to be appropriated9905€1,001
Line2025
Assets
Total assets20/58€120,141
Formation expenses20€948
Fixed assets21/28€81,697
Tangible fixed assets22/27€81,697
Land and buildings22€20,756
Plant, machinery and equipment23€55,003
Furniture and vehicles24€5,938
Current assets29/58€37,497
Stocks and contracts in progress3€6,519
Stocks30/36€6,519
Amounts receivable within one year40/41€5,651
Trade receivables40€3,820
Other amounts receivable41€1,831
Cash at bank and in hand54/58€21,240
Deferred charges and accrued income490/1€4,088
Equity and liabilities
Total equity and liabilities10/49€120,141
Equity10/15€2,501
Contributions10/11€1,500
Reserves13€1,001
Distributable reserves133€1,001
Amounts payable17/49€117,641
Amounts payable after more than one year17€71,195
Financial debts170/4€71,195
Amounts payable within one year42/48€46,446
Current portion of amounts payable after more than one year42€13,160
Trade debts44€29,495
Suppliers440/4€29,495
Taxes, remuneration and social security45€3,791
Taxes450/3€244
Remuneration and social security454/9€3,547
Line2025
Profit (loss) for the period9904€1,001
+ Depreciation and write-downs630€9,391
Operating cash flow (approximation)€10,392

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 24-08-2026 2026-00426345

Similar companies · same sector, comparable size

Of the 20,107 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,794. 3,508 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.