Checked.be
Active
BE 0480.087.345Private limited company
NUMERUS CLAUSUS
Keldermansstraat 2 ·2500 Lier, Belgium· 23 yrs active
Sector: Full-service restaurants
(56111)
Conclusion
NUMERUS CLAUSUS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €583k and a net result of €24k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 3462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €583k |
| Net result | €24k |
| Staff (FTE) | 3.1 |
| Better than sector | 92% |
Financial profile
72
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
86
Profitability
21
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2003, 23 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
86
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€50k
estimate, not credit advice
Score history
93
2021
93
2022
100
2023
93
2024
86
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.98 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.76 (≥ 1.0)
+5
Leverage
Debt/equity 0.25 (< 1.0)
+10
Profitability
ROE 4%
+3
Interest coverage
Interest coverage 5.2× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-07-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~14.8%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 79.9% | 29.8% | |
| Net result | €24k | €11k | |
| Equity | €583k | €90k | |
| Gross operating margin | €220k | €260k | |
| Staff costs | €184k | €250k |
€35k
-68.8%
21-25
€24k
-68.5%
21-25
€31k
-62.7%
21-25
€729k
+9.3%
21-25
€583k
+4.3%
21-25
€557k
+6.0%
21-25
3
-8.8%
21-25
€184k
+5.5%
21-25
€14k
-40.5%
21-25
€146k
+34.9%
21-25
€140k
+36.4%
21-25
4.98
-18.6%
21-25
4.76
-18.7%
21-25
79.9%
-4.5%
21-25
0.25
+29.3%
21-25
4.2%
-69.8%
21-25
3.3%
-71.1%
21-25
5.20
-71.8%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €35k | €111k | €127k | €106k | €107k |
| Net profit | €24k | €77k | €83k | €67k | €80k |
| Cash flow | €31k | €83k | €90k | €73k | €86k |
| Staff costs | €184k | €175k | €186k | €171k | €90k |
| Income taxes | €14k | €23k | €32k | €31k | €18k |
| Dividends | - | - | - | - | - |
| Total assets | €729k | €667k | €612k | €525k | €430k |
| Equity | €583k | €558k | €482k | €398k | €331k |
| Debt | €146k | €109k | €130k | €126k | €99k |
| of which ≤ 1y | €140k | €103k | €123k | €125k | €97k |
| of which > 1y | - | - | - | - | - |
| Working capital | €557k | €526k | €455k | €357k | €310k |
| Employees (FTE) | 3.1 | 3.4 | 3.8 | 3.6 | 4.9 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 4.98 | 6.12 | 4.70 | 3.85 | 4.19 |
| Quick ratio | 4.76 | 5.86 | 4.46 | 3.60 | 3.94 |
| Working capital ratio | 76.5% | 78.9% | 74.4% | 68.0% | 72.2% |
| Solvency | 79.9% | 83.7% | 78.8% | 75.9% | 77.0% |
| Debt / equity | 0.25 | 0.19 | 0.27 | 0.32 | 0.30 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 5.20 | 18.45 | 25.21 | 45.31 | 39.95 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.3% | 11.5% | 13.6% | 12.8% | 18.5% |
| ROE | 4.2% | 13.7% | 17.3% | 16.9% | 24.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €729k | €667k | €612k | €525k | €430k |
| Fixed assets | 21/28 | €32k | €38k | €34k | €43k | €23k |
| Tangible fixed assets | 22/27 | €32k | €38k | €34k | €43k | €23k |
| Current assets | 29/58 | €697k | €629k | €578k | €482k | €407k |
| Stocks & contracts in progress | 3 | €31k | €27k | €30k | €32k | €25k |
| Amounts receivable within one year | 40/41 | €15k | €28k | €11k | €9k | €4k |
| Investments | 50/53 | €271k | €242k | €191k | €108k | €98k |
| Cash & bank | 54/58 | €371k | €316k | €333k | €324k | €265k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €729k | €667k | €612k | €525k | €430k |
| Equity | 10/15 | €583k | €558k | €482k | €398k | €331k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k | €20k |
| Reserves | 13 | €563k | €538k | €462k | €378k | €311k |
| Amounts payable | 17/49 | €146k | €109k | €130k | €126k | €99k |
| Amounts payable within one year | 42/48 | €140k | €103k | €123k | €125k | €97k |
| Trade debts payable within one year | 44 | €20k | €13k | €15k | €23k | €18k |
| Income statement | ||||||
| Gross operating margin | 9900 | €220k | €287k | €314k | €279k | €198k |
| Operating result | 9901 | €28k | €105k | €120k | €100k | €100k |
| Financial income | 75 | €17k | €1k | €212 | €323 | €192 |
| Financial charges | 65 | €7k | €6k | €5k | €2k | €3k |
| Result before taxes | 9903 | €38k | €100k | €115k | €98k | €97k |
| Income taxes | 67/77 | €14k | €23k | €32k | €31k | €18k |
| Net result for the period | 9904 | €24k | €77k | €83k | €67k | €80k |
| Result to be appropriated | 9905 | €24k | €77k | €83k | €67k | €80k |
Legal Structure
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 23-04-2003 |
| Status | Active |
| Postal code | 2500 |
Establishment units
Numerus Clausus
since 20032.133.697.518
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12021H0115/02B000 | Flanders | 147 m² | 1 · 98 m² | 10.9 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €24k ▼68.5%
Net result drops to €24k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Equity above €500kEq €558k ▲15.9%
4 profitable years in a row build equity to €558k.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €83k ▲24.3%
Operating result €120k, net result €83k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
55301Full-service restaurants56101Full-service restaurants56111
Names & trade names
| Legal nameNL | NUMERUS CLAUSUS |
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