Equity
-€8,521
Debts exceed assets in financial year 2025.
NESTAS
Lifetime
20 annual accounts with figures on one time axispeak €36,053 (2009)
€17,919▲ 98.8%
lowest -€18,515 (2014)
€693▲ 241%
peak €26,871 (2007)
-€8,521▲ €693
€40,111▼ 4.2%
peak 1.3 FTE (2019)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
14-10-202675 days late
2025micro format
Gross margin from €9,014 to €17,919Result from €203 to €693Cash from €8,197 to €12,060
Key points
from the 2025 annual accountsProfit
6 years
6 profitable years in a row. Profit 2025: €693.
Turnover
≈ €190,000 estimated
The micro format states no turnover.
Debts
€40,111 127% of the balance sheet
Financial debts 5%Suppliers 5%Taxes and wages 50%Other 40%
Filings
20 annual accounts 75 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-27.0%
Lower solvency than 81% of companies in food and beverage service. Sector median 29.7% · 18,509 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,451 companies had the same profile as NESTAS has now. Each dot stands for 4 companies, two years later.
92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,451 companies, not a prediction for NESTAS. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0879855326
2 managers resigning, 2 directors reappointed
Resignations: (director, formerly manager) and (director, formerly manager) · Reappointments: (director) and (director) · “Het uitbaten van een tearoom/brasserie voor het verschaffen van restoratie; Traiteurdiensten; De aan-en…” (deed in Dutch) · General meeting of 07-12-2023 · Gazette deed
First establishment
Nieuwstraat 10, Merchtem
Incorporation
published on 21-03-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NESTAS Merchtem | €31,590 | €17,919 | -27.0% | - |
| LUDWIG Kortenberg | €28,488 | €14,609 | 78.3% | - |
| JOANNA Kalmthout | €34,144 | €18,381 | 84.9% | - |
| ADICAN Waterloo | €31,521 | €19,761 | 76.0% | - |
| BAREV Sint-Truiden | €33,265 | €17,189 | 17.6% | - |
| ARTIST CATERING BRUGGE Bruges | €34,403 | €20,386 | -69.3% | - |
| DANSING CHOCOLA Antwerp | €36,669 | €16,048 | 80.8% | - |
These companies have the same main activity as NESTAS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €28,500 and €36,700, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 09-03-2006Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 2024
- Establishment unit
- 2.152.747.3281785 Merchtem, since 06-04-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2025
Insights on NESTAS
NESTAS files the micro format. That format states no turnover. The gross margin fell from €24,544 in 2006 to €17,919 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NESTAS
- What is the company number of NESTAS?
- The company number of NESTAS is 0879.855.326. The VAT number is the same number with BE in front: BE 0879.855.326.
- Where is NESTAS based?
- The registered office is at Langensteenweg 27, 1785 Merchtem.Company details
- What does NESTAS do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of NESTAS?
- NESTAS is a private limited company (BV).
- When was NESTAS founded?
- NESTAS was founded on 09-03-2006.
- Is NESTAS still active?
- Yes, NESTAS is an active enterprise in the KBO register.
- How many employees does NESTAS have?
- NESTAS had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NESTAS fall under?
- In its 2024 annual accounts, NESTAS states joint committee 302 (Hotels and catering).
- What is the turnover of NESTAS?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €17,919 and 89 comparable companies (NACE 56111). It probably lies between €93,000 and €380,000. It is a rough estimate.
- Is NESTAS profitable?
- In financial year 2025, NESTAS made a profit of €693.
- Where can I find the annual accounts of NESTAS?
- NESTAS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NESTAS due?
- NESTAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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