Financials
- Financial year
- 2025
- Total assets
- €118,449
- Profit
- €55,837
- Solvency
- 48.8%
HOREGABS
ActiveSummary
HOREGABS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,837 and a net result of €55,837. Its solvency ranks better than 66% of 16,378 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€118,449total assets 2025
- Equity
- €57,837
- Profit
- €55,837
Turnover not published (micro format)
Structure
Accounts filed 24 days late
Why 70raises riskSector: Food and beverage service activities (NACE 56)Founded in 2025Size: total assets €118,449lowers riskLiquidity: current ratio 1.95, cash €76,560Show the evidence
Checked score
Score 2025
70
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 79% of its sector peers (NACE 56, micro)
Financial strength
Strong
Solvency
74
equity 48.8% of total assets
Liquidity
74
short-term debt 51.2% · cash 64.6%
Profitability
100
return on assets 47.1%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 3.9%
05-2026: 3.9%● unchanged vs 04-2026
06-2026: 4.1%▲ +0.2 percentage points vs 05-2026
07-2026: 4.4%▲ +0.3 percentage points vs 06-2026
08-2026: 4.5%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.7%▼ -3.8 percentage points vs 08-2026lowest value
10-2026: 0.8%▲ +0.1 percentage points vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.95, above the usual 1.5; short-term debt: 51.2% and cash: 64.6% of total assets), but 51.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, micro): better than 67% on solvency, 78% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
24 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: GENCHI Fabrice (administrateur ordinaire)…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 19-03-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 25
- Purpose
- “La production,l’achat,la vente en gros et au détail,la commercialisation,l’importation et…” (deed in French)
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