Turnover
≈ €450,000 estimated
The micro format states no turnover.
INCORRECT
Overview
Lifetime
1 annual account with figurespeak €155,502 (2025)
€155,502
lowest -€25,389 (2025)
-€25,389
peak €9,611 (2025)
€9,611
€125,165
Board2 names since 2024
2 directorsHOCQUET Alexandre and 1 other
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Loss of €25,389First year with figures
Key points
from the 2025 annual accountsDebts
€125,165 93% of the balance sheet
Financial debts 48%Suppliers 12%Taxes and wages 16%Other 24%
Of this, €64,707 falls due within a year.
Position in the sector
-€25,389
Lower net result than 90% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
2025 accounts filed 76 days after the deadline
Checked score
37
Weak
Financially stronger than 40% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 3.9%lowest value
05-2025: 4.0%▲ +0.1 percentage points vs 04-2025
06-2025: 4.1%▲ +0.1 percentage points vs 05-2025
07-2025: 4.5%▲ +0.4 percentage points vs 06-2025
08-2025: 4.5%● unchanged vs 07-2025
09-2025: 4.8%▲ +0.3 percentage points vs 08-2025
10-2025: 5.3%▲ +0.5 percentage points vs 09-2025
11-2025: 5.3%● unchanged vs 10-2025
12-2025: 5.1%▼ -0.2 percentage points vs 11-2025
01-2026: 5.1%● unchanged vs 12-2025
02-2026: 5.4%▲ +0.3 percentage points vs 01-2026
03-2026: 5.5%▲ +0.1 percentage points vs 02-2026
04-2026: 5.5%● unchanged vs 03-2026highest value
05-2026: 5.5%● unchanged vs 04-2026highest value
06-2026: 5.5%● unchanged vs 05-2026highest value
07-2026: 5.5%● unchanged vs 06-2026highest value
08-2026: 5.5%● unchanged vs 07-2026highest value
09-2026: 5.5%● unchanged vs 08-2026highest value
10-2026: 5.0%▼ -0.5 percentage points vs 09-2026
11-2026: 5.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2024
Last filed accounts filed 76 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.11, cash €42,741
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, micro). It does better than 31% of them on solvency, 70% on liquidity and 18% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 757 companies had the same profile as INCORRECT has now. Each dot stands for 2 companies, two years later.
86.5%
were still trading
4.8%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of INCORRECT itself: 5.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 757 companies, not a prediction for INCORRECT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.11, below the usual 1.5. Short-term debt is 48% and cash 31.7% of total assets. 92.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 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
76 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- HOCQUET Alexandre founderdeed of 19-03-2024
- MAUCLET Estelle founderdeed of 19-03-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007189008
First establishment
Rue Haute Marcelle 35, Namur
Incorporation
Founding capital of €35,000, 100 shares · Founders: HOCQUET Alexandre and MAUCLET Estelle · Appointments: HOCQUET Alexandre (director) and MAUCLET Estelle (director) · published on 19-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INCORRECT Namur | €134,776 | €155,502 | 7.1% | - |
| HUSSAINZAI Blankenberge | €136,448 | €150,992 | 27.3% | - |
| MEAT THE GREEK Ixelles | €134,058 | €161,231 | 40.4% | - |
| NOKAT Anderlecht | €130,946 | €141,886 | 33.2% | - |
| JOAN Deinze | €135,929 | €169,742 | 57.5% | - |
| MCA GROUP Liège | €147,066 | €148,961 | 46.9% | - |
| GM WEZEMBEEK Woluwe-Saint-Pierre | €129,853 | €136,938 | -49.5% | - |
These companies have the same main activity as INCORRECT: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €130,000 and €147,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 15-03-2024Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.358.133.4455000 Namur, since 01-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- €155,502
- €25,389
- €9,611
- €134,776
- Employeeson 31-12-2025
- 2
- Filing
- Filed on 15-10-2026
Insights on INCORRECT
The computed 12-month bankruptcy probability of INCORRECT is 5.0% (elevated). The 2025 annual accounts show equity of €9,611 and a net result of -€25,389.
Its solvency ranks better than 31% of 17,158 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.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 15-10-2026, 76 days late€155,502
-€18,086
-€25,389
€7,017
7.1%
1.11
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €450,000. Estimated: probably between €380,000 and €550,000.
Balance sheet
balance sheet total €134,776 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
7.1%
Higher than 31% of 17,158 companies in 2025.
1.11
Higher than 50% of 16,582 companies in 2025.
-18.8%
Higher than 16% of 16,665 companies in 2025.
INCORRECT
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€20,312
Staff costs divided by the average number of full-time equivalents.
-3 people
people who joined
people who left
In 2025, 90 people joined and 93 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
134,776 | |
21/28 |
63,052 | |
22/27 |
57,652 | |
23 |
28,810 | |
24 |
21,339 | |
26 |
7,503 | |
28 |
5,400 | |
29/58 |
71,724 | |
3 |
7,738 | |
30/36 |
7,738 | |
40/41 |
18,498 | |
40 |
16,503 | |
41 |
1,995 | |
54/58 |
42,741 | |
490/1 |
2,748 | |
| Balance sheet: equity and liabilities | ||
10/49 |
134,776 | |
10/15 |
9,611 | |
10/11 |
35,000 | |
14 |
-25,389 | |
17/49 |
125,165 | |
17 |
60,458 | |
170/4 |
60,458 | |
42/48 |
64,707 | |
42 |
13,064 | |
44 |
14,727 | |
440/4 |
14,727 | |
46 |
15,000 | |
45 |
20,129 | |
450/3 |
6,843 | |
454/9 |
13,285 | |
47/48 |
1,787 | |
| Income statement | ||
9900 |
155,502 | |
62 |
150,312 | |
630 |
20,243 | |
640/8 |
3,033 | |
9901 |
-18,086 | |
75/76B |
1 | |
75 |
1 | |
65/66B |
7,108 | |
65 |
7,108 | |
9903 |
-25,193 | |
67/77 |
196 | |
9904 |
-25,389 | |
9905 |
-25,389 | |
| Appropriation of the result | ||
9906 |
-25,389 | |
| Social balance sheet | ||
9087 |
7.4 | |
Hours worked1013 |
6,030 | |
| Document | ||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 76 days after the deadline. Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00565645.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-10-2026 | 2026-00565645 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 2,157 | ||
| -5,146 | ||
| 83,295 | ||
| 7,017 | ||
| 7.1% | ||
| 1.11 | ||
| 0.99 | ||
| 13.02 | ||
| -264.2% | ||
| -18.8% | ||
| 0.30 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 2 |
| full-time | 2 |
| part-time | 0 |
| in full-time equivalents | 2 |
| 3.1 | |
| On a permanent contract | 2 |
| Joined | 90 |
| Left | 93 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €77,895 |
| Financial fixed assets | €5,400 |
| €20,243 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on INCORRECT
Debt's share of the balance-sheet total is 92.9%.
Board & ownership
Board
2 directors, since incorporationDirector
appointed by deed of 19-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 15-10-2026
Director
appointed by deed of 19-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 15-10-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 16. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”“1- Adresse du siège : L’adresse du siège est située à 5000 Namur, Rue Haute Marcelle 35. 2- Administrateur non statutaire : les associés…”deed of 19-03-2024
Full text
1- Adresse du siège : L’adresse du siège est située à 5000 Namur, Rue Haute Marcelle 35. 2- Administrateur non statutaire : les associés, Monsieur HOCQUET Alexandre et Madame MAUCLET Estelle, agissant en lieu et place de l'assemblée générale, décident de se nommer aux fonctions d’administrateur de ladite société pour une durée illimitée, sauf décision contraire de l'assemblée générale conformément à l'article 15. 3- Pouvoir de signature : l’administrateur peut engager valablement la société sans limitation de sommes.
Mandates through the years
2 names, the dashed line is todayHOCQUET Alexandre
Director
Director
MAUCLET Estelle
Director
Director
Board
Mandates as a list
- HOCQUET Alexandre
- Director, appointed by deed of 19-03-2024, still in office
- MAUCLET Estelle
- Director, appointed by deed of 19-03-2024, still in office
Control
Capital
- Contribution
- €35,000
- Shares
- 100
- Contribution per share
- €350
- Equity per share
- €96.11 in 2025
- Source
- deed of 19-03-2024
Articles of association
deed of 19-03-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, tenus de solliciter agrément selon mêmes formalités s’ils ne deviennent…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Médecins inscrits au Tableau de l’Ordre pour matières médicales, assemblée peut désigner un ou plusieurs et déterminer pouvoirs émoluments”
Founders
At incorporation
deed of 19-03-2024 ↗
- HOCQUET Alexandre founder
- MAUCLET Estelle founder
Network & group
No group
INCORRECT has no parent and no holdings in its annual accounts. INCORRECT shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 76 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007189008
2024
First establishment Rue Haute Marcelle 35, Namur
IncorporationFounding capital of €35,000, 100 shares · Founders: HOCQUET Alexandre and MAUCLET Estelle · Appointments: HOCQUET Alexandre (director) and MAUCLET Estelle (director) · published on 19-03-20247 points ▸
- Founder, HOCQUET Alexandre
- Founder, MAUCLET Estelle
- Founding capital, €35,000, 100 shares
- Registered office clause, Rue Haute Marcelle 35, 5000 Namur
- Director appointment, HOCQUET Alexandre
- Director appointment, MAUCLET Estelle
- Permanent representative, HOCQUET Alexandre
- The deed holds 3 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1007.189.008
- VAT number
- BE 1007.189.008
- Peppol ID
- 0208:1007189008
- Other Peppol ID
- 9925:BE1007189008
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June at 18:00deed of 19-03-2024 (in French)
- Peppol
- Reachable since 30-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- INCORRECT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-03-2024 (in French)
Activities
NACEBEL 2025VAT activities
56111
Full-service restaurants main activity
56210
Event catering
Social security (RSZ) activities
56111
Full-service restaurants main activity
Joint committees annual accounts 2025
JC 302
Hotels and catering
Codes under NACEBEL 2008
VAT activities
56101
Full-service restaurants main activity
56210
Catering
Social security (RSZ) activities
56101
Full-service restaurants main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La restauration,la préparation et la vente de plats cuisinés,sur place,à emporter et en livraison,la vente de boissons chaudes ou…”deed of 19-03-2024 (in French)
2 activities
- La restauration,la préparation et la vente de plats cuisinés,sur place,à emporter et en livraison,la vente de boissons chaudes ou froides,avec ou sans alcool,conformément à la législation en vigueur.
- L'activité de cuisinier traiteur; la vente ambulante de produits traiteur; l'activité traiteur lors d'évènements et l'organisation de buffets.
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Rue Haute Marcelle 35 registered office 5000 Namur | 01-06-2024 | 2.358.133.445 | Restaurant |
Buildings and parcels at the address
- Ground area
- 76 m²
- Buildings
- 35 m²
- Volume, LiDAR
- 419 m³
- Tallest building
- 14.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92094C1383/00_000 | 76 m² | 1 · 35 m² | 14.0 m · 4 |
Recognitions
Food safety, FASFC
1 siteNamurunit number 2.358.133.445
Contact
E-mail
hocquet.alexandre@gmail.com
Phone
+32 494 73 78 61