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NAENO

Active
Private limited companyfounded 20242 yrs activeIseghemstraat 58, 7700 Mouscron, BelgiumKBO/BCE: BE 1013.151.934
Summary

The computed 12-month bankruptcy probability of NAENO is 4.8% (elevated). The 2025 annual accounts show equity of €20,877 and a net result of €19,377. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability87
Solvency40
Growth-
Track record67
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.66; short-term debt: 31.8% and cash: 14.8% of total assets), and 84.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 11-06-2026, 50 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
50 d early
← before the deadline after the deadline →
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

History

On 4 September 2024, NAENO was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€20,877
Total assets
€135,773
Net result
€19,377
Working capital
-€14,562

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €135,773
Fixed assets €107,105
Current assets €28,668
Equity and liabilities €135,773
Equity €20,877
Debt €114,896
Debt finances 84.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€34,019
Cash flow
€27,308
Current ratio
0.66
Debt to equity
5.50
ROE
92.8%
ROA
14.3%
Interest coverage
27.38
Debt ≤ 1 year
€43,229
Debt > 1 year
€71,667
Income taxes
€5,468

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 7,976 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
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€135,773
Fixed assets21/28€107,105
Tangible fixed assets22/27€107,105
Land and buildings22€105,763
Plant, machinery and equipment23€925
Furniture and vehicles24€417
Current assets29/58€28,668
Amounts receivable within one year40/41€8,594
Trade receivables40€8,594
Cash at bank and in hand54/58€20,074
Equity and liabilities
Total equity and liabilities10/49€135,773
Equity10/15€20,877
Contributions10/11€1,500
Capital10€1,500
Issued capital100€1,500
Profit (loss) carried forward14€19,377
Amounts payable17/49€114,896
Amounts payable after more than one year17€71,667
Financial debts170/4€71,667
Amounts payable within one year42/48€43,229
Current portion of amounts payable after more than one year42€20,000
Trade debts44€4,714
Suppliers440/4€4,714
Taxes, remuneration and social security45€15,958
Taxes450/3€11,112
Remuneration and social security454/9€4,845
Other amounts payable47/48€2,557
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,931
Gross operating margin9900€34,019
Operating profit (loss)9901€26,088
Financial charges65/66B€1,243
Recurring financial charges65€1,243
Profit (loss) for the period before taxes9903€24,845
Income taxes67/77€5,468
Profit (loss) for the period9904€19,377
Profit (loss) for the period to be appropriated9905€19,377
Appropriation of the result
Profit (loss) to be appropriated9906€19,377

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,931
Gross operating margin9900€34,019
Operating profit (loss)9901€26,088
Financial charges65/66B€1,243
Recurring financial charges65€1,243
Profit (loss) for the period before taxes9903€24,845
Income taxes67/77€5,468
Profit (loss) for the period9904€19,377
Profit (loss) for the period to be appropriated9905€19,377
Line2025
Assets
Total assets20/58€135,773
Fixed assets21/28€107,105
Tangible fixed assets22/27€107,105
Land and buildings22€105,763
Plant, machinery and equipment23€925
Furniture and vehicles24€417
Current assets29/58€28,668
Amounts receivable within one year40/41€8,594
Trade receivables40€8,594
Cash at bank and in hand54/58€20,074
Equity and liabilities
Total equity and liabilities10/49€135,773
Equity10/15€20,877
Contributions10/11€1,500
Capital10€1,500
Issued capital100€1,500
Profit (loss) carried forward14€19,377
Amounts payable17/49€114,896
Amounts payable after more than one year17€71,667
Financial debts170/4€71,667
Amounts payable within one year42/48€43,229
Current portion of amounts payable after more than one year42€20,000
Trade debts44€4,714
Suppliers440/4€4,714
Taxes, remuneration and social security45€15,958
Taxes450/3€11,112
Remuneration and social security454/9€4,845
Other amounts payable47/48€2,557
Line2025
Profit (loss) for the period9904€19,377
+ Depreciation and write-downs630€7,931
Operating cash flow (approximation)€27,308

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 2 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
185 m²
Building footprint
32 m²
Volume, LiDAR
233 m³
Parcel 54433E0550/00L003, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NAENO
Iseghemstraat 58, 7700 MouscronLimited-service restaurants
since 20242.364.765.572
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54433E0550/00L003 Wallonia 185 m² 1 · 32 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

The National Bank holds 1 filing for this company, but none with figures Checked can read, so a size comparison is not possible. These companies share only the sector and the region. Of 21,835 companies in this sector we hold annual accounts for 9,786. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded04-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013151934
Also 9925:BE1013151934
Registered 16-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.