Checked.be
Active
BE 0443.852.006Private limited company (pre-2019)
HUMATEC
Mesenstraat(PL) 137 ·7782 Comines-Warneton, Belgium· 35 yrs active
Sector: Limited-service restaurants, excluding mobile food services
(56112)
Conclusion
The computed 12-month bankruptcy probability of HUMATEC is 1.9% (moderate). The 2025 annual accounts show equity of €7k and a net result of €-7k. Equity is shrinking by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 28% of 12499 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €7k |
| Net result | €-7k |
| Better than sector | 28% |
| Active | 35 yrs |
Financial profile
34
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
35
Profitability
0
Solvency
4
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1991, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
35
/ 100
Weak
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€500
estimate, not credit advice
Score history
66
2021
81
2022
50
2023
50
2024
35
2025
purely financial, excl. current insolvency signals
Score components
Leverage
Debt/equity 22.27 (> 3.0)
-10
Profitability
Negatieve ROE -97%
-10
Interest coverage
Interest coverage 28.3× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 13-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Net result: declining trend of ~56.7%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 4.3% | 30.5% | |
| Net result | €-7k | €5k | |
| Equity | €7k | €30k | |
| Gross operating margin | €10k | €62k | |
| Total assets | €170k | €116k |
€9k
-36.6%
21-25
€-7k
-102.0%
21-25
€10k
-32.2%
21-25
€170k
-11.4%
21-25
€7k
-49.2%
21-25
€132k
+2.6%
21-25
€457
+18.2%
21-25
€163k
-8.3%
21-25
€799
+2.7%
21-25
€163k
-7.9%
21-25
165.91
-0.1%
21-25
146.86
-0.5%
21-25
4.3%
-42.7%
21-25
22.27
+80.6%
21-25
-97.0%
-297.8%
21-25
-4.2%
-128.0%
21-25
28.32
-25.1%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €9k | €14k | €14k | €22k | €20k |
| Net profit | €-7k | €-4k | €-3k | €3k | €576 |
| Cash flow | €10k | €15k | €15k | €21k | €18k |
| Staff costs | - | - | - | - | - |
| Income taxes | - | €457 | €386 | €3k | €2k |
| Dividends | - | - | - | - | - |
| Total assets | €170k | €192k | €207k | €250k | €245k |
| Equity | €7k | €14k | €18k | €21k | €19k |
| Debt | €163k | €178k | €189k | €229k | €227k |
| of which ≤ 1y | - | €799 | €778 | €4k | €5k |
| of which > 1y | €163k | €177k | €188k | €225k | €222k |
| Working capital | - | €132k | €129k | €152k | €129k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | - | 165.91 | 166.09 | 42.55 | 25.58 |
| Quick ratio | - | 146.86 | 147.59 | 38.20 | 22.88 |
| Working capital ratio | - | 68.6% | 62.1% | 60.8% | 52.5% |
| Solvency | 4.3% | 7.5% | 8.7% | 8.6% | 7.6% |
| Debt / equity | 22.27 | 12.34 | 10.55 | 10.69 | 12.24 |
| Long-term debt ratio | 22.27 | 12.28 | 10.50 | 10.52 | 11.96 |
| Interest coverage | 28.32 | 37.79 | 35.28 | 38.44 | 16.10 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -4.2% | -1.8% | -1.7% | 1.1% | 0.2% |
| ROE | -97.0% | -24.4% | -19.4% | 13.3% | 3.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €170k | €192k | €207k | €250k | €245k |
| Fixed assets | 21/28 | €43k | €59k | €77k | €94k | €111k |
| Tangible fixed assets | 22/27 | €43k | €59k | €77k | €94k | €111k |
| Financial fixed assets | 28 | - | - | - | - | €79 |
| Current assets | 29/58 | €128k | €133k | €129k | €156k | €134k |
| Stocks & contracts in progress | 3 | €18k | €15k | €14k | €16k | €14k |
| Amounts receivable within one year | 40/41 | €17k | €28k | €25k | €41k | €51k |
| Cash & bank | 54/58 | €91k | €88k | €90k | €98k | €67k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €170k | €192k | €207k | €250k | €245k |
| Equity | 10/15 | €7k | €14k | €18k | €21k | €19k |
| Contributions / capital | 10/11 | €44k | €44k | €44k | €44k | €44k |
| Reserves | 13 | €157 | €157 | €157 | €157 | €157 |
| Accumulated profits (losses) | 14 | €-36k | €-29k | €-26k | €-22k | €-25k |
| Amounts payable | 17/49 | €163k | €178k | €189k | €229k | €227k |
| Amounts payable after one year | 17 | €163k | €177k | €188k | €225k | €222k |
| Amounts payable within one year | 42/48 | - | €799 | €778 | €4k | €5k |
| Trade debts payable within one year | 44 | - | - | €28 | €123 | €482 |
| Income statement | ||||||
| Gross operating margin | 9900 | €10k | €16k | €15k | €23k | €21k |
| Operating result | 9901 | €-8k | €-4k | €-4k | €4k | €2k |
| Financial income | 75 | €1k | €1k | €1k | €2k | €2k |
| Financial charges | 65 | €321 | €379 | €394 | €571 | €1k |
| Result before taxes | 9903 | €-7k | €-3k | €-3k | €5k | €3k |
| Income taxes | 67/77 | - | €457 | €386 | €3k | €2k |
| Net result for the period | 9904 | €-7k | €-4k | €-3k | €3k | €576 |
| Result to be appropriated | 9905 | €-7k | €-4k | €-3k | €3k | €576 |
Legal Structure
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 10-04-1991 |
| Status | Active |
| Postal code | 7782 |
Establishment units
L'EAU A LA BOUCHE
since 19912.052.379.448
HUMATEC
since 19942.052.379.349
Real-estate footprint
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063A0593/00B000 | Wallonia | 5,559 m² | 1 · 741 m² | 6.5 m · 2 fl. |
| 54008C0798/00K000 ProtectedSite or landscape |
Wallonia | 2,650 m² | 1 · 509 m² | 10.8 m · 2 fl. |
| 92094C0825/02C000 | Wallonia | 86 m² | 1 · 134 m² | - |
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 166.09
Current ratio from 42.55 to 166.09; short-term debt falls from €4k to €778.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €3k ▲394%
Operating result €4k, net result €3k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
55302Limited-service restaurants56102Limited-service restaurants, excluding mobile food services56112
Names & trade names
| Legal nameFR | HUMATEC |
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