IVAS
ActiveSummary
IVAS has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €472,246 and a net result of €169,143. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 85% of 16,853 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
3rd largest company by equity in Harelbeke, Accommodation and food service sector1 site
Size
≈ €1.3mturnover 2025, estimated
- Staff
- 2.7 FTE
- Equity
- €472,246
- Profit
- €169,143
Turnover estimated from the gross margin
Why 99raises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 3.14, cash €246,539Founded in 1992Equity €472,246 (71.3% of total assets)Show the evidence
Checked score
Score 2025
99
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 88% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency
96-1
equity 71.3% of total assets
Liquidity
95+17
short-term debt 12.8% · cash 37.2%
Profitability
100=
return on assets 25.5%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%highest value
12-2024: 0.2%● unchanged vs 11-2024highest value
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.1%▼ -0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.14, compared with 1.37 in 2024, above the usual 1.5; short-term debt: 12.8% and cash: 37.2% of total assets), and 28.7% 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 85% on solvency, 95% on liquidity, 93% on profitability and 80% on growth.
The bankruptcy probability was computed on 28-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-03-2026, 149 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
149 days early
2024
135 days early
2023
41 days early
2022
25 days early
2021
25 days late
2020
31 days late
2019
52 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (4 of the last 5 filed years within 95 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €169,143 ▲23.7%
- Liquidity more than doubledcurrent ratio 3.14
Financials · financial year 2025, micro format
In the rankings
#3 company by equity in Harelbeke, Accommodation and food service sector#5 oldest company in Harelbeke, Accommodation and food service sector#7 company by total assets in Harelbeke, Accommodation and food service sector
Turnover
≈ €1.3m
Estimated: probably between €1.0m and €1.4m
Total assets
€662,528▲ 50.2%
2024 · €441,051
Net result
€169,143▲ 23.7%
2024 · €136,773
Working capital
€180,796▲ 384%
2024 · €37,367
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has risen four years in a row; 2025 is 29% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€254,611
2025
Net result€169,143
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€662,528
2025
Equity€472,246
2025
Debt€190,282
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€180,796
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)25.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency71.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio3.14
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)2.7
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€14,494-€11,561▼ 20.2%€189,733▲ 16×-€17,306€31,982€128,331▲ 301%€196,807▲ 53.4%€254,611▲ 29.4%
Net result€9,897-€8,486▼ 14.3%€138,597above the sector's middle half▲ 16×-€23,281below the sector's middle half€25,115above the sector's middle half€97,346above the sector's middle half▲ 288%€136,773above the sector's middle half▲ 40.5%€169,143above the sector's middle half▲ 23.7%
Equity€113,510-€121,996▲ 7.5%€260,593above the sector's middle half▲ 114%€221,380above the sector's middle half▼ 15.0%€233,261above the sector's middle half▲ 5.4%€260,606above the sector's middle half▲ 11.7%€317,482above the sector's middle half▲ 21.8%€472,246above the sector's middle half▲ 48.7%
Total assets€454,502-€519,596▲ 14.3%€437,009above the sector's middle half▼ 15.9%€348,717above the sector's middle half▼ 20.2%€396,791above the sector's middle half▲ 13.8%€399,056above the sector's middle half▲ 0.6%€441,051above the sector's middle half▲ 10.5%€662,528above the sector's middle half▲ 50.2%
Debt€340,992-€397,599▲ 16.6%€176,416▼ 55.6%€127,337▼ 27.8%€163,531▲ 28.4%€138,450▼ 15.3%€123,569▼ 10.7%€190,282▲ 54.0%
Working capital-€200,388--€225,340▼ 12.5%€69,626above the sector's middle half-€40,064below the sector's middle half-€65,650below the sector's middle half▼ 63.9%-€30,151within the sector's middle half▲ 54.1%€37,367within the sector's middle half€180,796above the sector's middle half▲ 384%
Solvency25.0%-23.5%▼ 1.5pp59.6%above the sector's middle half▲ 36.2pp63.5%above the sector's middle half▲ 3.9pp58.8%above the sector's middle half▼ 4.7pp65.3%above the sector's middle half▲ 6.5pp72.0%above the sector's middle half▲ 6.7pp71.3%above the sector's middle half▼ 0.7pp
Current ratio0.27-0.26▼ 0.011.64within the sector's middle half▲ 1.380.53below the sector's middle half▼ 1.110.55within the sector's middle half▲ 0.020.78within the sector's middle half▲ 0.231.37within the sector's middle half▲ 0.583.14above the sector's middle half▲ 1.77
Return on assets (ROA)2.2%-1.6%▼ 0.5pp31.7%above the sector's middle half▲ 30.1pp-6.7%below the sector's middle half▼ 38.4pp6.3%within the sector's middle half▲ 13.0pp24.4%above the sector's middle half▲ 18.1pp31.0%above the sector's middle half▲ 6.6pp25.5%above the sector's middle half▼ 5.5pp
Staff (FTE)0.4-0.6▲ 50.0%0.4below the sector's middle half▼ 33.3%2.6▲ 550%1.1▼ 57.7%0.8▼ 27.3%1▲ 25.0%2.7▲ 170%
above
within
below
the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €662,528
Fixed assets
€397,055 ▲ 31.7%
Current assets
€265,472 ▲ 90.3%
Equity and liabilities €662,528
Equity
€472,246 ▲ 48.7%
Debt
€190,282 ▲ 54.0%
Debt's share of the balance-sheet total rises from 28.0% to 28.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€303,709▲
2024 · €232,979
Cash flow
€218,241▲
2024 · €172,945
Quick ratio
2.98▲
2024 · 1.27
Debt to equity
0.40▲
2024 · 0.39
ROE
35.8%▼
2024 · 43.1%
Interest coverage
35.84▼
2024 · 57.30
Debt ≤ 1 year
€84,677▼
2024 · €102,155
Debt > 1 year
€105,605▲
2024 · €19,684
Income taxes
€76,993▲
2024 · €55,968
Staff costs
€135,560▲
2024 · €46,297
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93.5%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €1,500 | €620 | €16,112 | ▲ 26× |
| Remuneration, social security and pensions62 | - | - | - | €23,410 | €24,392 | €25,232 | €46,297 | €135,560 | ▲ 193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,751 | €43,029 | €34,311 | €38,111 | €36,580 | €38,192 | €36,172 | €49,098 | ▲ 35.7% |
| Other operating charges640/8 | - | - | - | €2,120 | €1,050 | €1,089 | €1,556 | €1,523 | ▼ 2.1% |
| Non-recurring operating charges66A | - | - | - | - | €524 | - | €288 | €809 | ▲ 181% |
| Gross operating margin9900 | €71,824 | €87,267 | €240,408 | €46,335 | €94,528 | €192,844 | €281,120 | €441,602 | ▲ 57.1% |
| Operating profit (loss)9901 | €14,494 | €11,561 | €189,733 | -€17,306 | €31,982 | €128,331 | €196,807 | €254,611 | ▲ 29.4% |
| Financial income75/76B | - | - | - | €134 | - | - | - | - | - |
| Recurring financial income75 | €76 | €200 | - | €134 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,518 | €4,355 | €1,317 | €4,066 | €8,474 | ▲ 108% |
| Recurring financial charges65 | €2,047 | €2,426 | €1,842 | €1,518 | €4,355 | €1,317 | €4,066 | €8,474 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | €12,523 | €9,335 | €187,891 | -€18,691 | €27,627 | €127,013 | €192,741 | €246,136 | ▲ 27.7% |
| Income taxes67/77 | €2,626 | €849 | €49,294 | €4,590 | €2,512 | €29,668 | €55,968 | €76,993 | ▲ 37.6% |
| Profit (loss) for the period9904 | €9,897 | €8,486 | €138,597 | -€23,281 | €25,115 | €97,346 | €136,773 | €169,143 | ▲ 23.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €34,593 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €9,897 | €8,486 | €138,597 | €11,311 | €25,115 | €97,346 | €136,773 | €169,143 | ▲ 23.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €454,502 | €519,596 | €437,009 | €348,717 | €396,791 | €399,056 | €441,051 | €662,528 | ▲ 50.2% |
| Fixed assets21/28 | €378,913 | €439,953 | €258,684 | €303,872 | €315,659 | €290,757 | €301,530 | €397,055 | ▲ 31.7% |
| Tangible fixed assets22/27 | €378,913 | €439,953 | €258,684 | €303,872 | €315,659 | €290,757 | €301,530 | €397,055 | ▲ 31.7% |
| Plant, machinery and equipment23 | - | - | - | €21,542 | €13,588 | €3,807 | €12,339 | €134,128 | ▲ 987% |
| Furniture and vehicles24 | - | - | - | €4,314 | €13,659 | €9,750 | €33,113 | €27,537 | ▼ 16.8% |
| Other tangible fixed assets26 | - | - | - | €278,016 | €288,412 | €277,199 | €256,078 | €235,390 | ▼ 8.1% |
| Current assets29/58 | €75,590 | €79,642 | €178,326 | €44,845 | €81,133 | €108,300 | €139,521 | €265,472 | ▲ 90.3% |
| Stocks and contracts in progress3 | €9,621 | €7,489 | €4,068 | €15,452 | €5,994 | €13,623 | €9,912 | €12,892 | ▲ 30.1% |
| Stocks30/36 | - | - | - | €15,452 | €5,994 | €13,623 | €9,912 | €12,892 | ▲ 30.1% |
| Amounts receivable within one year40/41 | €21,666 | €24,315 | €137,450 | €18,031 | €35,226 | €0 | €1,649 | €3,581 | ▲ 117% |
| Trade receivables40 | - | - | - | - | €2,283 | - | €1,649 | €3,581 | ▲ 117% |
| Other amounts receivable41 | - | - | - | €18,031 | €32,943 | €0 | - | - | - |
| Current investments50/53 | €11 | €2,019 | €5 | €0 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €42,599 | €44,280 | €36,802 | €11,362 | €39,848 | €94,187 | €126,834 | €246,539 | ▲ 94.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €65 | €489 | €1,127 | €2,461 | ▲ 118% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €454,502 | €519,596 | €437,009 | €348,717 | €396,791 | €399,056 | €441,051 | €662,528 | ▲ 50.2% |
| Equity10/15 | €113,510 | €121,996 | €260,593 | €221,380 | €233,261 | €260,606 | €317,482 | €472,246 | ▲ 48.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €94,910 | €103,396 | €241,993 | €202,780 | €214,661 | €242,006 | €298,882 | €453,646 | ▲ 51.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €200,920 | €212,801 | €242,006 | €298,882 | €453,646 | ▲ 51.8% |
| Amounts payable17/49 | €340,992 | €397,599 | €176,416 | €127,337 | €163,531 | €138,450 | €123,569 | €190,282 | ▲ 54.0% |
| Amounts payable after more than one year17 | €65,015 | €92,617 | €67,716 | €42,429 | €16,748 | - | €19,684 | €105,605 | ▲ 437% |
| Financial debts170/4 | - | - | - | €42,429 | €16,748 | - | €19,684 | €105,605 | ▲ 437% |
| Amounts payable within one year42/48 | €275,977 | €304,982 | €108,700 | €84,908 | €146,782 | €138,450 | €102,155 | €84,677 | ▼ 17.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €25,287 | €25,680 | €16,748 | €4,916 | €29,539 | ▲ 501% |
| Financial debts43 | - | - | - | €6,692 | €6,692 | - | €2,255 | - | - |
| Credit institutions430/8 | - | - | - | €6,692 | €6,692 | - | €2,255 | - | - |
| Trade debts44 | €19,620 | €39,972 | €47,786 | €4,644 | €23,179 | €13,586 | €11,503 | €22,002 | ▲ 91.3% |
| Suppliers440/4 | - | - | - | €4,644 | €23,179 | €13,586 | €11,503 | €22,002 | ▲ 91.3% |
| Taxes, remuneration and social security45 | - | - | - | €1,672 | €5,658 | €31,198 | €33,337 | €33,005 | ▼ 1.0% |
| Taxes450/3 | - | - | - | €28 | €4,213 | €31,198 | €30,670 | €17,317 | ▼ 43.5% |
| Remuneration and social security454/9 | - | - | - | €1,644 | €1,445 | - | €2,667 | €15,688 | ▲ 488% |
| Other amounts payable47/48 | - | - | - | €46,612 | €85,573 | €76,918 | €50,144 | €131 | ▼ 99.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €1,730 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,897 | €8,486 | €138,597 | -€23,281 | €25,115 | €97,346 | €136,773 | €169,143 | ▲ 23.7% |
| + Depreciation and write-downs630 | €42,751 | €43,029 | €34,311 | €38,111 | €36,580 | €38,192 | €36,172 | €49,098 | ▲ 35.7% |
| Operating cash flow (approximation) | €52,648 | €51,515 | €172,908 | €14,829 | €61,696 | €135,538 | €172,945 | €218,241 | ▲ 26.2% |
| Investment in fixed assets (approximation) | - | -€104,070 | €146,959 | -€83,300 | -€48,367 | -€13,290 | -€46,945 | -€144,624 | ▼ 208% |
| Change in cash | - | €1,682 | -€7,478 | -€25,441 | €28,487 | €54,339 | €32,647 | €119,705 | ▲ 267% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 04-03-2026 | 2026-00051020 |
| 31-12-2024 | micro format | 18-03-2025 | 2025-00051025 |
| 31-12-2023 | micro format | 20-06-2024 | 2024-00160349 |
| 31-12-2022 | micro format | 06-07-2023 | 2023-00216877 |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20387231 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65800422 |
| 31-12-2019 | micro format | 21-09-2020 | 2020-54800066 |
| 31-12-2018 | micro format | 03-05-2019 | 2019-12400122 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-57900494 |
| 31-12-2016 | micro format | 14-07-2017 | 2017-32600129 |
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Of the 21,390 active companies whose main activity is limited-service restaurants, excluding mobile food services (NACE 56112), figures are known for 10,002. 4,601 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
Stef VANDENDRIESSCHE
CurrentDirector (not named in the articles)
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
10 of this company's 14 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
4 people since 2023, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Stef VANDENDRIESSCHE |
|
| Merel VANLOOCKE |
|
| Ann BRUNEEL |
|
| Curd GHEYSENS |
|
Owners and capital
Capital and shareholders
Capital over the years
- 05-02-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
04-03
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial
Highest result from 2018 to 2025net €169,143 ▲23.7%
Operating result €254,611, net result €169,143, both a record.
31-12
Financial
Liquidity more than doubledcurrent ratio 3.14
Current ratio from 1.37 to 3.14; short-term debt falls from €102,155 to €84,677.
18-03
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
20-06
NBB filing
Annual accounts filed
financial year 2023 · micro format
17-06
Gazette deed
Resignation: Merel VANLOOCKE (director)2 facts ▸
Gazette deed
Resignation: Merel VANLOOCKE (director)
2 facts ▸
- General meeting, 30-04-2024
- Director resignation, Merel VANLOOCKE (director)
05-02
Gazette deed
Resignations: Stef VANDENDRIESSCHE (director) and Merel VANLOOCKE (director)Reappointments: Stef VANDENDRIESSCHE (director) and Merel VANLOOCKE (director) · Amendment of the articles · Capital conversion12 facts ▸
Gazette deed
Resignations: Stef VANDENDRIESSCHE (director) and Merel VANLOOCKE (director)
Reappointments: Stef VANDENDRIESSCHE (director) and Merel VANLOOCKE (director) · Amendment of the articles · Capital conversion12 facts ▸
- General meeting, 20-12-2023
- Amendment of the articles (6 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “statutair niet-beschikbare vermogensrekening, opheffen en beschikbaar maken voor toekomstige uitkeringen” (deed in Dutch)
- Amendment of the articles, “nieuw artikel 12” (deed in Dutch)
- Capital
- Director resignation, Stef VANDENDRIESSCHE (director)
- Director resignation, Merel VANLOOCKE (director)
- Director reappointment, Stef VANDENDRIESSCHE (director (not named in the articles))
- Director reappointment, Merel VANLOOCKE (director (not named in the articles))
- Registered office clause, “Gentsestraat 8,8530 Harelbeke” (deed in Dutch)
- Other provision, “eender welk voordeel van alle aard inclusief overname privéuitgaven bestuurder en/of gezin, bezoldiging bestuurders” (deed in Dutch)
2023
27-10
Gazette deed
Resignations: Curd GHEYSENS (director) and Ann BRUNEEL (director)Director discharge5 facts ▸
Gazette deed
Resignations: Curd GHEYSENS (director) and Ann BRUNEEL (director)
Director discharge5 facts ▸
- General meeting, 30-09-2023
- Director resignation, Curd GHEYSENS (director)
- Director resignation, Ann BRUNEEL (director)
- Director discharge, Curd GHEYSENS
- Director discharge, Ann BRUNEEL
07-09
Gazette deed
Appointments: Stef VANDENDRIESSCHE (director) and Merel VANLOOCKE (director)3 facts ▸
Gazette deed
Appointments: Stef VANDENDRIESSCHE (director) and Merel VANLOOCKE (director)
3 facts ▸
- General meeting, 14-07-2023
- Director appointment, Stef VANDENDRIESSCHE (director)
- Director appointment, Merel VANLOOCKE (director)
06-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial
Back to profitnet €25,115
Net result €25,115 after one loss-making year.
25-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 25 days late
Show earlier events
2021
31-12
Financial
Weakest financial yearnet -€23,281
Net result drops to -€23,281, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 31 days late
2020
31-12
Financial
Liquidity more than 6 timescurrent ratio 1.64
Current ratio from 0.26 to 1.64; short-term debt falls from €304,982 to €108,700.
31-12
Financial
Equity above €200,000equity €260,593 ▲114%
A profit in every financial year since 2018 builds equity to €260,593.
21-09
NBB filing
Annual accounts filed
financial year 2019 · micro format · 52 days late
2019
03-05
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
29-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 29 days late
2017
14-07
NBB filing
Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 34 annual accounts filed, the latest 10 are here; all 34 are under Financials.
4 of 14 deeds read
About the unread acts
Of the 14 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded09-04-1992
Financial year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447192566
Also
9925:BE0447192566
Registered
01-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHarelbekeunit no. 2.057.432.059
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 1992
Ground area
257 m²
Parcel 34013A0578/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
Gentsestraat 8, 8530 Harelbeke
since 1992unit no. 2.057.432.059
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34013A0578/00M000 | Flanders | 257 m² | - | - |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De uitbating van frituur,snack,café,tea-room,restaurant,feestzaal en traiteurdienst. Dit alles in de meest ruime zin; Het beheren van een…” (deed in Dutch)
2 activities (deed in Dutch)
- De uitbating van frituur,snack,café,tea-room,restaurant,feestzaal en traiteurdienst. Dit alles in de meest ruime zin.
- Het beheren van een eigen onroerend patrimonium en het valoriseren van dit patrimonium vooral door beheersdaden,zoals onroerende goederen verwerven,laten bouwen en verbouwen,laten opschikken,laten uitrusten,ombouwen,verfraaien,in huur geven of nemen,in leasing geven of nemen,verkavelen,onderhouden,ontwikkelen en uitbaten,urbaniseren,vervreemden en ruilen met het oog op beheer,wederbelegging en opbrengst.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IVAS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, artikel 3” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Vaste vertegenwoordiger, nieuw artikel 11” (deed in Dutch)“Één of meer bestuurders, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Afstand onder levenden en overdracht wegens overlijden, overdracht/overgang van aandelen” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur, e-mail of gewone post indien geen e-mailadres” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering in vormen statutenwijziging, wettelijke voorwaarden vervuld” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed