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IAREK

Active
Private limited companyfounded 201115 yrs activeParc Industriel(W-B) 24, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0838.308.840
Summary

The computed 12-month bankruptcy probability of IAREK is 2.5% (moderate). The 2024 annual accounts show negative equity (-€363,233) and a net result of €33,183. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 18930 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
IAREKActiveChecked score 49/100
Risk analysis ReportCompare

Overview

What they do
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101Limited-service restaurants NACE 56102
#3 company by total assets in Braine-le-Château, Accommodation and food service sector1 site
How big
€388,163total assets 2024
Staff
6.1 FTE
Equity
-€363,233
Profit
€33,183
Turnover not published (abridged schema)
Financially healthy?
49 Fair Checked score 2024
Bankruptcy chance 12 m
2.5%
Who decides
Accounts 62 d overdue0 of 3 deeds read
Why 49- Higher-failure-rate sector- Annual accounts: weaker financial profile- Higher-failure-rate region- Weak solvency vs sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024
49 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+15
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.63 against 1.7 in 2023; short-term debt: 36.6% and cash: 24.7% of total assets), but equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-93.6%
Return on assets
8.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 18930 sector peers (2024).
NBB · sector comparison
Position among 18930 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
54 d late
2023
61 d late
2022
66 d late
2021
123 d late
2020
86 d late
2019
68 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €33,183
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€363,233 View
  • Caution: Among the weakest 5% on equitysector median €27,525 · 18,970 companies -€363,233 View
  • Caution: Accounts not fileddeadline was 31-07-2026 62 d late View

By topic

Financials

Fiscal year
2024
Total assets
€388,163
Profit
€33,183
Solvency
-93.6%
Total assets▲ 29.0%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 23-09-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 30-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
03-08-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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