NUTS 44
ActiveSummary
The computed 12-month bankruptcy probability of NUTS 44 is 1.7% (moderate). The 2024 annual accounts show equity of €277,894 and a net result of €28,205. Equity remains stable across the filed fiscal years (±1.8% per year). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+59
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 5.65 against 4.97 in 2023; short-term debt: 14.8% and cash: 5.2% of total assets), and 22.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
7 d late
2022
31 d late
2021
89 d late
2020
61 d late
2019
97 d 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 49 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€277,894▲ 11.3%
2023 · €249,689
Total assets
€356,938▲ 14.6%
2023 · €311,365
Net result
€28,205▲ 550%
2023 · €4,338
Working capital
€244,758=
2023 · €244,710
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€28,474▼ 282%€39,274€8,792▼ 77.6%-€4,231€25,108
Net result-€8,661within the sector's middle half€13,577within the sector's middle half-€4,929within the sector's middle half€4,338within the sector's middle half€28,205above the sector's middle half▲ 550%
Equity€236,704above the sector's middle half▼ 3.5%€250,280above the sector's middle half▲ 5.7%€245,351above the sector's middle half▼ 2.0%€249,689above the sector's middle half▲ 1.8%€277,894above the sector's middle half▲ 11.3%
Total assets€285,105above the sector's middle half▲ 9.1%€307,079above the sector's middle half▲ 7.7%€293,841above the sector's middle half▼ 4.3%€311,365above the sector's middle half▲ 6.0%€356,938above the sector's middle half▲ 14.6%
Debt€48,402▲ 203%€56,798▲ 17.3%€48,491▼ 14.6%€61,676▲ 27.2%€79,044▲ 28.2%
Working capital€229,891▼ 2.1%€10,737▼ 95.3%€238,729▲ 2,123%€244,710▲ 2.5%€244,758=
Solvency83.0%above the sector's middle half▼ 10.9pp81.5%above the sector's middle half▼ 1.5pp83.5%above the sector's middle half▲ 2.0pp80.2%above the sector's middle half▼ 3.3pp77.9%above the sector's middle half▼ 2.3pp
Staff (FTE)4.24.6▲ 9.5%7.5▲ 63.0%13.1▲ 74.7%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €25,108 after a loss of €4,231 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €356,938
Fixed assets
€59,512 ▲ 1,095%
Current assets
€297,426 ▼ 2.9%
Equity and liabilities €356,938
Equity
€277,894 ▲ 11.3%
Debt
€79,044 ▲ 28.2%
Debt's share of the balance-sheet total rises from 19.8% to 22.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32,335▲
2023 · -€2,587
Cash flow
€35,433▲
2023 · €5,981
Current ratio
5.65▲
2023 · 4.97
Quick ratio
5.49▲
2023 · 4.86
Debt to equity
0.28▲
2023 · 0.25
ROE
10.1%▲
2023 · 1.7%
ROA
7.9%▲
2023 · 1.4%
Interest coverage
36.60▲
2023 · -1.30
Debt ≤ 1 year
€52,668▼
2023 · €61,676
Debt > 1 year
€26,376
Income taxes
€10,923▲
2023 · €2,919
Staff costs
€178,733▲
2023 · €106,865
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 17,792 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,210 | - |
| Remuneration, social security and pensions62 | - | €51,796 | €73,315 | €106,865 | €178,733 | ▲ 67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,398 | €1,143 | €1,490 | €1,643 | €7,227 | ▲ 340% |
| Other operating charges640/8 | - | €3,980 | €11,010 | €10,862 | €5,013 | ▼ 53.8% |
| Non-recurring operating charges66A | - | - | €37,539 | €2,072 | €50 | ▼ 97.6% |
| Gross operating margin9900 | €17,202 | €96,192 | €132,146 | €117,212 | €216,131 | ▲ 84.4% |
| Operating profit (loss)9901 | -€28,474 | €39,274 | €8,792 | -€4,231 | €25,108 | ▲ 693% |
| Financial income75/76B | - | €0 | €16,871 | €13,481 | €14,903 | ▲ 10.5% |
| Recurring financial income75 | €20,027 | €0 | €16,871 | €13,481 | €14,903 | ▲ 10.5% |
| Financial charges65/66B | - | €153 | €7,814 | €1,994 | €884 | ▼ 55.7% |
| Recurring financial charges65 | €98 | €153 | €7,814 | €1,994 | €884 | ▼ 55.7% |
| Profit (loss) for the period before taxes9903 | -€8,545 | €39,121 | €17,849 | €7,256 | €39,128 | ▲ 439% |
| Income taxes67/77 | €116 | €25,544 | €22,779 | €2,919 | €10,923 | ▲ 274% |
| Profit (loss) for the period9904 | -€8,661 | €13,577 | -€4,929 | €4,338 | €28,205 | ▲ 550% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €13,840 | - |
| Profit (loss) for the period to be appropriated9905 | -€8,661 | €13,577 | -€4,929 | €4,338 | €14,365 | ▲ 231% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €285,105 | €307,079 | €293,841 | €311,365 | €356,938 | ▲ 14.6% |
| Fixed assets21/28 | €6,813 | €239,544 | €6,622 | €4,979 | €59,512 | ▲ 1,095% |
| Tangible fixed assets22/27 | €3,013 | €3,946 | €6,307 | €4,664 | €59,197 | ▲ 1,169% |
| Plant, machinery and equipment23 | - | €1,374 | €4,458 | €3,538 | €11,761 | ▲ 232% |
| Furniture and vehicles24 | - | €2,572 | €1,849 | €1,126 | €7,768 | ▲ 590% |
| Leasing and similar rights25 | - | - | - | - | €39,668 | - |
| Financial fixed assets28 | €3,800 | €235,598 | €315 | €315 | €315 | = |
| Current assets29/58 | €278,292 | €67,535 | €287,219 | €306,386 | €297,426 | ▼ 2.9% |
| Stocks and contracts in progress3 | €1,214 | €1,764 | €2,855 | €6,756 | €8,167 | ▲ 20.9% |
| Stocks30/36 | - | €1,764 | €2,855 | €6,756 | €8,167 | ▲ 20.9% |
| Amounts receivable within one year40/41 | €271,491 | €55,744 | €264,564 | €267,608 | €269,371 | ▲ 0.7% |
| Trade receivables40 | - | - | €9,120 | €4,394 | €19,509 | ▲ 344% |
| Other amounts receivable41 | - | €55,744 | €255,444 | €263,214 | €249,862 | ▼ 5.1% |
| Cash at bank and in hand54/58 | €5,295 | €10,028 | €19,800 | €31,585 | €18,429 | ▼ 41.7% |
| Deferred charges and accrued income490/1 | - | - | - | €437 | €1,459 | ▲ 234% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €285,105 | €307,079 | €293,841 | €311,365 | €356,938 | ▲ 14.6% |
| Equity10/15 | €236,704 | €250,280 | €245,351 | €249,689 | €277,894 | ▲ 11.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €15,073 | €15,073 | = |
| Capital10 | - | €12,400 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €6,200 | - | - | - | - |
| Reserves13 | €90,830 | €90,830 | €90,830 | €88,157 | €101,997 | ▲ 15.7% |
| Non-distributable reserves130/1 | - | €2,673 | €2,673 | - | - | - |
| Legal reserve130 | - | €2,673 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2,673 | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €13,840 | - |
| Distributable reserves133 | - | €88,157 | €88,157 | €88,157 | €88,157 | = |
| Profit (loss) carried forward14 | €133,474 | €147,050 | €142,121 | €146,459 | €160,824 | ▲ 9.8% |
| Amounts payable17/49 | €48,402 | €56,798 | €48,491 | €61,676 | €79,044 | ▲ 28.2% |
| Amounts payable after more than one year17 | - | - | - | - | €26,376 | - |
| Financial debts170/4 | - | - | - | - | €26,376 | - |
| Amounts payable within one year42/48 | €48,402 | €56,798 | €48,491 | €61,676 | €52,668 | ▼ 14.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €7,583 | - |
| Trade debts44 | €14,866 | €16,926 | €9,863 | €26,058 | €24,032 | ▼ 7.8% |
| Suppliers440/4 | - | €16,926 | €9,863 | €26,058 | €24,032 | ▼ 7.8% |
| Taxes, remuneration and social security45 | - | €39,872 | €38,628 | €35,619 | €21,053 | ▼ 40.9% |
| Taxes450/3 | - | €39,694 | €32,293 | €25,682 | €12,361 | ▼ 51.9% |
| Remuneration and social security454/9 | - | €178 | €6,335 | €9,936 | €8,692 | ▼ 12.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,661 | €13,577 | -€4,929 | €4,338 | €28,205 | ▲ 550% |
| + Depreciation and write-downs630 | €5,398 | €1,143 | €1,490 | €1,643 | €7,227 | ▲ 340% |
| Operating cash flow (approximation) | -€3,263 | €14,719 | -€3,439 | €5,981 | €35,433 | ▲ 492% |
| Investment in fixed assets (approximation) | - | -€233,873 | €231,431 | €0 | -€61,761 | - |
| Change in cash | - | €4,732 | €9,773 | €11,785 | -€13,156 | ▼ 212% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Back to profitnet €4,338
Net result €4,338 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity times 5current ratio 5.92
Current ratio from 1.19 to 5.92; short-term debt falls from €56,798 to €48,491.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Back to profitnet €13,577
Net result €13,577 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet -€8,661
Net result drops to -€8,661, the lowest in the series; recovery starts the following year.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 15.72
Current ratio from 7.08 to 15.72; short-term debt falls from €37,168 to €15,950.
Show earlier events
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 119 days late
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 73 days late
2017
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bastogne · 1 establishment unit since 2011
Ground area
114 m²
Building footprint
72 m²
Volume, LiDAR
879 m³
Parcel 82302B0257/00T000, Wallonia · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Le NUTS
since 20112.204.973.019
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82302B0257/00T000 | Wallonia | 114 m² | 1 · 72 m² | 13.7 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBastogne2.204.973.019
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 7,855 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0841657518
Also
9925:BE0841657518
Registered
03-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.