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Horecatoppers

Active
Private limited companyfounded 2017active for 9 yearsKlein-Mechelen(BOR) 18B-30, 2880 Bornem, BelgiumKBO/BCE: BE 0681.731.638

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Horecatoppers is 6.1% (elevated). The 2025 annual accounts show negative equity (-€204,878) and a net result of €99,200. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 4,785 sector peers (NACE 56, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 25-09-2017 Normal situation
Registered office
17 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Full-service restaurants NACE 56111and 1 other
Establishment units
2.352.387.481 2880 Bornem, since 17-11-2023
2.387.509.894 9100 Sint-Niklaas, since 01-04-2026
Financial year end
30 September
Peppol
Reachable since 09-12-2025

Board and ownership

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.1%
Annual accounts to 30-09-2025
Gross margin
€1.4m
▲ 89.7%
Turnover
≈ €2.4m
estimated
Profit
€99,200
Equity
-€204,878
▲ 32.6%
Total assets
€972,674
▼ 4.1%
Staff
28.6 FTE
▲ 30.0%
Filed on 28-03-2026, 33 days before the deadlinePDF
Score breakdownraises riskNegative equity -€204,878Sector: Food and beverage service activities (NACE 56)1 of the last 3 accounts lateLiquidity: current ratio 0.53, cash €6,330, halvedShow the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 41% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 4+4
equity -21.1% of total assets
Liquidity 1-15
short-term debt 116.1% · cash 0.7%
Profitability 81+81
return on assets 10.2%
Bankruptcy probability within 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,615 companies, NACE 56, small)
Last 24 months 11-2024: 1.9%lowest value 12-2024: 1.9%● unchanged vs 11-2024lowest value 01-2025: 2.0%▲ +0.1 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.4%▲ +0.4 percentage points vs 03-2025 05-2025: 2.8%▲ +0.4 percentage points vs 04-2025 06-2025: 3.1%▲ +0.3 percentage points vs 05-2025 07-2025: 4.3%▲ +1.2 percentage points vs 06-2025 08-2025: 7.9%▲ +3.6 percentage points vs 07-2025 09-2025: 8.2%▲ +0.3 percentage points vs 08-2025 10-2025: 8.8%▲ +0.6 percentage points vs 09-2025 11-2025: 11.6%▲ +2.8 percentage points vs 10-2025 12-2025: 11.3%▼ -0.3 percentage points vs 11-2025 01-2026: 11.6%▲ +0.3 percentage points vs 12-2025 02-2026: 12.0%▲ +0.4 percentage points vs 01-2026highest value 03-2026: 11.7%▼ -0.3 percentage points vs 02-2026 04-2026: 6.2%▼ -5.5 percentage points vs 03-2026 05-2026: 6.2%● unchanged vs 04-2026 06-2026: 6.2%● unchanged vs 05-2026 07-2026: 6.2%● unchanged vs 06-2026 08-2026: 6.2%● unchanged vs 07-2026 09-2026: 6.2%● unchanged vs 08-2026 10-2026: 6.1%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.53 (0.33 in 2024), below 1. Short-term debt is 116.1% and cash 0.7% of total assets. Equity is negative.
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, small). It does better than 9% of them on solvency, 0% on liquidity, 73% on profitability and 81% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€204,878
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.53, cash €6,330, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 4785 sector peers (2025).
NBB · sector comparison
Position among 4785 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-03-2026, 33 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
33 days early
2024
182 days late
2023
13 days early
2022
2 days late
2021
19 days early
2020
43 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 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)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 18 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€204,878 View
  • Caution: Less equity than 95% of companies in food and beverage servicesector median €79,297 · 4,787 companies -€204,878 View
  • Positive: Back in profit in 2025after a loss of €346,670 in 2024 €99,200 View

Comparable companies

These companies have the same main activity as Horecatoppers: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €758,000 and €1.4m, founded between 2015 and 2019.

CompanyTotal assetsGross margin
Horecatoppers Bornem€1.0m€1.4m
GATSBY MESSANCY Messancy€0.9m€1.5m
All 4 Meat Antwerpen€0.9m€1.5m
BAVEV Mol€1.1m€1.3m
THE VIEW Mechelen€1.1m€1.2m
LE PRISTINE ANTWERP Antwerpen€0.8m€1.8m
BRASSERIE O Olen€1.4m€1.5m
Full comparison

Documents

Key facts about Horecatoppers

What is the company number of Horecatoppers?
The company number of Horecatoppers is 0681.731.638. The VAT number is the same number with BE in front: BE 0681.731.638.
Where is Horecatoppers based?
The registered office is at Klein-Mechelen(BOR) 18B-30, 2880 Bornem.Company details
What does Horecatoppers do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Horecatoppers?
The legal form of Horecatoppers is Private limited company (BV).
When was Horecatoppers founded?
Horecatoppers was founded on 25-09-2017.
Is Horecatoppers still active?
Yes, Horecatoppers is an active enterprise in the KBO register.
How many employees does Horecatoppers have?
Horecatoppers had an average of 28.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Horecatoppers?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.4m and 1,586 comparable companies of the same size. It probably lies between €1.6m and €3.9m. It is a rough estimate.
Is Horecatoppers profitable?
In financial year 2025, Horecatoppers made a profit of €99,200.
Where can I find the annual accounts of Horecatoppers?
Horecatoppers filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Horecatoppers due?
Horecatoppers must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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