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Noene

Active
Private limited companyfounded 2023active for 3 yearsMarkt 19, 9620 Zottegem, BelgiumKBO/BCE: BE 0803.045.281
Summary

The computed 12-month bankruptcy probability of Noene is 5.0% (elevated). The 2025 annual accounts show equity of €30,795 and a net result of €18,514. Its solvency ranks better than 57% of 16,745 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
2 sites
Size
€82,440total assets 2025
Staff
0.8 FTE
Equity
€30,795
Profit
€18,514
Turnover not published (micro format)
Financial health
40 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.0%
Structure
Accounts 34 days early1 of 2 deeds read
Why 40raises riskFounded in 2023Sector: Food and beverage service activities (NACE 56)Size: total assets €82,4401 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 71% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 62+10
equity 37.4% of total assets
Liquidity 50-21
short-term debt 58.0% · cash 24.2%
Profitability 97+11
return on assets 22.5%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,750 companies, NACE 56, micro)
Last 24 months 11-2024: 4.6% 12-2024: 4.9%▲ +0.3 percentage points vs 11-2024 01-2025: 4.9%● unchanged vs 12-2024 02-2025: 5.3%▲ +0.4 percentage points vs 01-2025highest value 03-2025: 2.0%▼ -3.3 percentage points vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025lowest value 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.0%● unchanged vs 06-2025 08-2025: 2.0%● unchanged vs 07-2025 09-2025: 2.1%▲ +0.1 percentage points vs 08-2025 10-2025: 2.2%▲ +0.1 percentage points vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.1%▼ -0.1 percentage points vs 11-2025 01-2026: 2.2%▲ +0.1 percentage points vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.6%▲ +0.4 percentage points vs 03-2026 05-2026: 2.6%● unchanged vs 04-2026 06-2026: 3.6%▲ +1.0 percentage point vs 05-2026 07-2026: 3.6%● unchanged vs 06-2026 08-2026: 3.6%● unchanged vs 07-2026 09-2026: 3.6%● unchanged vs 08-2026 10-2026: 5.0%▲ +1.4 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.38, compared with 1.28 in 2024, below the usual 1.5; short-term debt: 58% and cash: 24.2% of total assets), and 62.6% 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 57% on solvency, 52% on liquidity, 84% on profitability and 93% on growth.

The bankruptcy probability was computed on 21-10-2026 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.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €82,440
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-12-2025, 34 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
34 days early
2024
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 3 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end22-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Resignation: Bieke Matthijs (director)Registered-office move
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€30,795▲ 151%
2024 · €12,282
Total assets
€82,440▲ 83.5%
2024 · €44,927
Net result
€18,514▲ 154%
2024 · €7,282
Working capital
€18,176▲ 155%
2024 · €7,115
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 125% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€26,076 2025 Net result€18,514 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€11,565-€26,076▲ 125%
Net result€7,282within the sector's middle half-€18,514within the sector's middle half▲ 154%
Equity€12,282within the sector's middle half-€30,795within the sector's middle half▲ 151%
Total assets€44,927below the sector's middle half-€82,440within the sector's middle half▲ 83.5%
Debt€32,646-€51,644▲ 58.2%
Working capital€7,115within the sector's middle half-€18,176within the sector's middle half▲ 155%
Solvency27.3%within the sector's middle half-37.4%within the sector's middle half▲ 10.0pp
Current ratio1.28within the sector's middle half-1.38within the sector's middle half▲ 0.10
Return on assets (ROA)16.2%within the sector's middle half-22.5%above the sector's middle half▲ 6.3pp
Staff (FTE)0.5-0.8▲ 60.0%
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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,440
Fixed assets €16,437 ▲ 33.6%
Current assets €66,003 ▲ 102%
Equity and liabilities €82,440
Equity €30,795 ▲ 151%
Debt €51,644 ▲ 58.2%
Debt's share of the balance-sheet total falls from 72.7% to 62.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,129▲
2024 · €14,555
Cash flow
€22,566▲
2024 · €10,272
Quick ratio
1.36▲
2024 · 1.23
Debt to equity
1.68▼
2024 · 2.66
ROE
60.1%▲
2024 · 59.3%
Interest coverage
10.80▲
2024 · 5.64
Debt ≤ 1 year
€47,827▲
2024 · €25,507
Debt > 1 year
€3,817▼
2024 · €7,139
Income taxes
€4,779▲
2024 · €1,711
Staff costs
€22,731▲
2024 · €15,822
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.0% 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 497,473 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 74.5% 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 39,278 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 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€44,927€82,440▲
Fixed assets21/28€12,305€16,437▲
Tangible fixed assets22/27€12,225€16,357▲
Plant, machinery and equipment23-€4,939
Furniture and vehicles24€10,160€9,773▼
Other tangible fixed assets26€2,065€1,645▼
Financial fixed assets28€80€80=
Current assets29/58€32,622€66,003▲
Stocks and contracts in progress3€1,124€945▼
Stocks30/36€1,124€945▼
Amounts receivable within one year40/41€12,366€25,066▲
Trade receivables40€11,665€17,760▲
Other amounts receivable41€702€7,306▲
Current investments50/53-€20,000
Cash at bank and in hand54/58€19,132€19,992▲
Equity and liabilities
Total equity and liabilities10/49€44,927€82,440▲
Equity10/15€12,282€30,795▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€7,282€25,795▲
Amounts payable17/49€32,646€51,644▲
Amounts payable after more than one year17€7,139€3,817▼
Financial debts170/4€7,139€3,817▼
Amounts payable within one year42/48€25,507€47,827▲
Current portion of amounts payable after more than one year42€3,139€3,322▲
Trade debts44€14,014€37,812▲
Suppliers440/4€14,014€37,812▲
Taxes, remuneration and social security45€5,439€6,693▲
Taxes450/3€2,249€5,317▲
Remuneration and social security454/9€3,190€1,376▼
Other amounts payable47/48€2,915€0▼
Income statement Code20242025
Remuneration, social security and pensions62€15,822€22,731▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,990€4,052▲
Other operating charges640/8€2,972€4,592▲
Gross operating margin9900€33,349€57,452▲
Operating profit (loss)9901€11,565€26,076▲
Financial income75/76B€10€7▼
Recurring financial income75€10€7▼
Financial charges65/66B€2,582€2,791▲
Recurring financial charges65€2,582€2,791▲
Profit (loss) for the period before taxes9903€8,992€23,293▲
Income taxes67/77€1,711€4,779▲
Profit (loss) for the period9904€7,282€18,514▲
Profit (loss) for the period to be appropriated9905€7,282€18,514▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,282€25,795▲
Profit (loss) brought forward from the previous period14P-€7,282

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€15,822€22,731▲ 43.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,990€4,052▲ 35.5%
Other operating charges640/8€2,972€4,592▲ 54.5%
Gross operating margin9900€33,349€57,452▲ 72.3%
Operating profit (loss)9901€11,565€26,076▲ 125%
Financial income75/76B€10€7▼ 23.9%
Recurring financial income75€10€7▼ 23.9%
Financial charges65/66B€2,582€2,791▲ 8.1%
Recurring financial charges65€2,582€2,791▲ 8.1%
Profit (loss) for the period before taxes9903€8,992€23,293▲ 159%
Income taxes67/77€1,711€4,779▲ 179%
Profit (loss) for the period9904€7,282€18,514▲ 154%
Profit (loss) for the period to be appropriated9905€7,282€18,514▲ 154%
Line20242025Change
Assets
Total assets20/58€44,927€82,440▲ 83.5%
Fixed assets21/28€12,305€16,437▲ 33.6%
Tangible fixed assets22/27€12,225€16,357▲ 33.8%
Plant, machinery and equipment23-€4,939-
Furniture and vehicles24€10,160€9,773▼ 3.8%
Other tangible fixed assets26€2,065€1,645▼ 20.4%
Financial fixed assets28€80€80=
Current assets29/58€32,622€66,003▲ 102%
Stocks and contracts in progress3€1,124€945▼ 15.9%
Stocks30/36€1,124€945▼ 15.9%
Amounts receivable within one year40/41€12,366€25,066▲ 103%
Trade receivables40€11,665€17,760▲ 52.3%
Other amounts receivable41€702€7,306▲ 941%
Current investments50/53-€20,000-
Cash at bank and in hand54/58€19,132€19,992▲ 4.5%
Equity and liabilities
Total equity and liabilities10/49€44,927€82,440▲ 83.5%
Equity10/15€12,282€30,795▲ 151%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€7,282€25,795▲ 254%
Amounts payable17/49€32,646€51,644▲ 58.2%
Amounts payable after more than one year17€7,139€3,817▼ 46.5%
Financial debts170/4€7,139€3,817▼ 46.5%
Amounts payable within one year42/48€25,507€47,827▲ 87.5%
Current portion of amounts payable after more than one year42€3,139€3,322▲ 5.8%
Trade debts44€14,014€37,812▲ 170%
Suppliers440/4€14,014€37,812▲ 170%
Taxes, remuneration and social security45€5,439€6,693▲ 23.1%
Taxes450/3€2,249€5,317▲ 136%
Remuneration and social security454/9€3,190€1,376▼ 56.9%
Other amounts payable47/48€2,915€0▼ 100%
Line20242025Change
Profit (loss) for the period9904€7,282€18,514▲ 154%
+ Depreciation and write-downs630€2,990€4,052▲ 35.5%
Operating cash flow (approximation)€10,272€22,566▲ 120%
Investment in fixed assets (approximation)--€8,184-
Change in cash-€859-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
30-06-2025 micro format 28-12-2025 2025-00590934
30-06-2024 micro format 28-02-2025 2025-00041744

Similar companies · same sector, comparable size

Of the 20,119 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,492. 9,516 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
no sitting director read yet, last change in 2026
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Bieke Matthijs
  • Director (not named in the articles), until 01-04-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Noene was incorporated on 22 June 2023 as a private limited company.1 The registered office was moved to Zottegem in 2026.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-05-2026
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
11-05
Gazette deed Resignation: Bieke Matthijs (director)
Registered-office move3 facts ▸
  • General meeting, 16-04-2026
  • Director resignation, Bieke Matthijs (director (not named in the articles))
  • Registered-office move, Markt 19,9620 Zottegem
2025
28-12
NBB filing Annual accounts filed
financial year 2025 · micro format
28-02
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded22-06-2023
Financial year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803045281
Also 9925:BE0803045281
Registered 05-07-2023

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

Register as of 22 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Food safety, FASFC

1 site
Zottegemunit no. 2.347.811.160
1 permission
Authorisation · Eetgelegenheid · since 17-09-2024

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zottegem · 2 establishment units since 2023
registered office establishment All 2 establishment units on the map
Ground area
213 m²
Building footprint
211 m²
Building volume
1,987 m³
2 parcels, Flanders · tallest building 12.9 m. Linked by address, not a title deed.
2 establishment units
Noene
Zavel 6, 9620 ZottegemFull-service restaurants
since 2023unit no. 2.347.811.160
Noene
Markt 19, 9620 ZottegemFull-service restaurants
since 2026unit no. 2.385.390.049
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
41081A0327/00D000
ProtectedTownscape or village viewStadskern ZottegemSource ↗
Flanders 113 m² 1 · 112 m² 12.8 m · 3
41081A0311/00A000
ProtectedTownscape or village viewStadskern ZottegemSource ↗
Flanders 100 m² 1 · 100 m² 12.4 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.
2 of these parcels carry protected heritage: expect extra rules on renovation or sale.