o'yo
ActiveSummary
The computed 12-month bankruptcy probability of o'yo is 8.1% (elevated). The 2025 annual accounts show negative equity (-€126,824) and a net result of -€19,869. Equity has been shrinking by about 24% per year since 2018. Its solvency ranks better than 15% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-10-2015 Normal situation
- Registered office
- 10 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Full-service restaurants NACE 56111and 2 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment units
- 2.328.110.163 9000 Gent, since 01-07-2022
- 2.390.115.929 9830 Sint-Martens-Latem, since 30-05-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 24-03-2023
Board and ownership
- Lybaert PhaedraDirector · since 14-12-2021
- Areca Ventures17.13%· score 822025 annual accounts of Areca Ventures
Financial position
- Bankruptcy probabilitywithin 12 months
- 8.1%
- Gross margin
- €379,990
- ▼ 16.6%
- Turnover
- ≈ €910,000
- estimated
- Loss
- €19,869
- Equity
- -€126,824
- ▼ 18.6%
- Total assets
- €302,468
- ▼ 22.6%
- Employees on 31-12-2025
- 9
- ▼ 55.0%
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 3 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)1 change of registered office in 24 monthsNegative equity -€126,824Show the evidence
Checked score
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 9% of them on solvency, 23% on liquidity, 26% on profitability and 26% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 54 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00462388.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 10 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 59% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 14 | 49 | 26 | 20 | 9 |
| full-time | 7 | 42 | 3 | 1 | 0 |
| part-time | 7 | 7 | 23 | 19 | 9 |
| in full-time equivalents | 9.6 | 46.2 | 12.2 | 9.3 | 5.8 |
| Average over the year, in full-time equivalents | 5.6 | 30.5 | 30.7 | 11.6 | 9.3 |
| On a permanent contract | 4 | 8 | 5 | 4 | 6 |
| Joined | 52 | 168 | 206 | 129 | 173 |
| Left | 43 | 133 | 229 | 135 | 184 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,494 | €369,067 | €5,771 | €11,102 | €1,757 |
| Intangible fixed assets | - | - | - | €4,440 | - |
| Financial fixed assets | - | €21,000 | - | - | €0 |
| Depreciation and write-downs of the year | €8,653 | €16,627 | €53,237 | €57,017 | €55,115 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €5,140 awarded · €5,140 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,000 | €2,000 |
| 2022 | 2 | €3,140 | €3,140 |
Comparable companies
These companies have the same main activity as o'yo: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €262,000 and €351,000, founded between 2015 and 2016.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| o'yo Gent | 2015 | €302,468 | -€126,824 | €379,990 | -€19,869 | - | 2025 |
| De Abt Gent | 2015 | €323,418 | €178,362 | €313,557 | €19,011 | - | 2025 |
| SEKA Gent | 2015 | €268,368 | -€5,839 | €444,838 | €52,089 | - | 2025 |
| Brasserie Noordhof Gent | 2015 | €261,645 | €38,170 | €406,960 | €105,108 | - | 2025 |
| C & Y Aalst | 2016 | €350,654 | €201,853 | €332,682 | €91,426 | - | 2025 |
| J.L.G.D. Wavre | 2015 | €283,071 | €58,020 | €376,342 | -€4,887 | 7.6 | 2025 |
| HALIOTIS Péruwelz | 2016 | €332,777 | -€474,752 | €379,920 | -€95,597 | 8.9 | 2025 |
They were chosen from the 12,109 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 1,216 companies had the same profile as o'yo has now. Two years later, 1.1% had gone bankrupt and 95.7% were still going.
- Small
- 10 to 20 years old
- negative equity
- a small loss
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of o'yo itself is higher: 8.1% within 12 months. It rests on far more data about o'yo than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,216 companies, not a prediction for o'yo. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €3,819 | - |
| Remuneration, social security and pensions62 | - | - | - | €171,068 | €245,379 | €452,432 | €346,603 | €305,399 | ▼ 11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,060 | €12,200 | €11,867 | €8,653 | €16,627 | €53,237 | €57,017 | €55,115 | ▼ 3.3% |
| Other operating charges640/8 | - | - | - | €2,124 | €8,416 | €10,476 | €10,961 | €2,830 | ▼ 74.2% |
| Gross operating margin9900 | €77,017 | €147,907 | €159,313 | €217,505 | €224,746 | €483,862 | €455,588 | €379,990 | ▼ 16.6% |
| Operating profit (loss)9901 | -€15,643 | €24,198 | €20,773 | €35,661 | -€45,677 | -€32,283 | €41,007 | €16,646 | ▼ 59.4% |
| Financial income75/76B | - | - | - | €287 | €44 | €246 | €179 | €73 | ▼ 59.0% |
| Recurring financial income75 | €314 | €136 | €280 | €287 | €44 | €246 | €179 | €73 | ▼ 59.0% |
| Financial charges65/66B | - | - | - | €24,627 | €21,014 | €33,528 | €37,266 | €36,589 | ▼ 1.8% |
| Recurring financial charges65 | €2,210 | €3,718 | €25,320 | €24,627 | €21,014 | €33,528 | €37,266 | €36,589 | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | -€17,540 | €20,616 | -€4,267 | €11,320 | -€66,647 | -€65,565 | €3,921 | -€19,869 | - |
| Profit (loss) for the period9904 | -€17,540 | €20,616 | -€4,267 | €11,320 | -€66,647 | -€65,565 | €3,921 | -€19,869 | - |
| Profit (loss) for the period to be appropriated9905 | -€17,540 | €20,616 | -€4,267 | €11,320 | -€66,647 | -€65,565 | €3,921 | -€19,869 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €88,126 | €101,071 | €89,408 | €217,481 | €593,251 | €472,997 | €390,746 | €302,468 | ▼ 22.6% |
| Fixed assets21/28 | €50,795 | €41,713 | €34,952 | €30,794 | €404,234 | €356,768 | €315,293 | €261,935 | ▼ 16.9% |
| Intangible fixed assets21 | - | - | - | - | - | - | €3,966 | €3,078 | ▼ 22.4% |
| Tangible fixed assets22/27 | €50,795 | €41,713 | €34,952 | €30,794 | €383,234 | €335,768 | €290,327 | €237,856 | ▼ 18.1% |
| Plant, machinery and equipment23 | - | - | - | €7,663 | €47,739 | €36,896 | €26,413 | €16,337 | ▼ 38.1% |
| Furniture and vehicles24 | - | - | - | €6,012 | €3,773 | €5,274 | €2,876 | €982 | ▼ 65.8% |
| Other tangible fixed assets26 | - | - | - | €17,119 | €331,722 | €293,598 | €261,038 | €220,536 | ▼ 15.5% |
| Financial fixed assets28 | - | - | - | - | €21,000 | €21,000 | €21,000 | €21,000 | = |
| Current assets29/58 | €37,331 | €59,357 | €54,455 | €186,688 | €189,017 | €116,230 | €75,453 | €40,533 | ▼ 46.3% |
| Stocks and contracts in progress3 | €6,419 | €4,932 | €5,678 | €13,565 | €20,292 | €19,205 | €19,691 | €17,751 | ▼ 9.9% |
| Stocks30/36 | - | - | - | €13,565 | €20,292 | €19,205 | €19,691 | €17,751 | ▼ 9.9% |
| Amounts receivable within one year40/41 | €6,141 | €5,430 | €4,161 | €8,596 | €15,658 | €5,743 | €4,320 | €6,441 | ▲ 49.1% |
| Trade receivables40 | - | - | - | €7,268 | €8,060 | €3,153 | €2,105 | €770 | ▼ 63.4% |
| Other amounts receivable41 | - | - | - | €1,328 | €7,598 | €2,591 | €2,215 | €5,670 | ▲ 156% |
| Current investments50/53 | - | - | - | €137 | €98,408 | €76 | €17 | €0 | ▼ 99.9% |
| Cash at bank and in hand54/58 | €24,771 | €48,995 | €33,751 | €154,143 | €12,740 | €76,736 | €45,301 | €10,106 | ▼ 77.7% |
| Deferred charges and accrued income490/1 | - | - | - | €10,246 | €41,919 | €14,470 | €6,124 | €6,235 | ▲ 1.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €88,126 | €101,071 | €89,408 | €217,481 | €593,251 | €472,997 | €390,746 | €302,468 | ▼ 22.6% |
| Equity10/15 | -€57,140 | -€36,524 | -€40,791 | €21,336 | -€45,311 | -€110,876 | -€106,956 | -€126,824 | ▼ 18.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €69,407 | €69,407 | €69,407 | €69,407 | €69,407 | = |
| Reserves13 | - | €1,031 | €1,031 | €1,031 | €1,031 | €1,031 | €1,031 | €1,031 | = |
| Non-distributable reserves130/1 | - | - | - | €1,031 | €1,031 | €1,031 | €1,031 | €1,031 | = |
| Reserves not available under the articles1311 | - | - | - | €1,031 | €1,031 | €1,031 | €1,031 | €1,031 | = |
| Profit (loss) carried forward14 | -€75,740 | -€56,155 | -€60,422 | -€49,102 | -€115,748 | -€181,314 | -€177,393 | -€197,262 | ▼ 11.2% |
| Amounts payable17/49 | €145,266 | €137,595 | €130,199 | €196,146 | €638,562 | €583,873 | €497,701 | €429,292 | ▼ 13.7% |
| Amounts payable after more than one year17 | €66,035 | €44,843 | €45,742 | €79,506 | €386,733 | €309,188 | €228,913 | €271,011 | ▲ 18.4% |
| Financial debts170/4 | - | - | - | €79,506 | €386,733 | €309,188 | €228,913 | €271,011 | ▲ 18.4% |
| Amounts payable within one year42/48 | €79,231 | €92,752 | €84,457 | €116,640 | €251,829 | €274,685 | €268,788 | €158,281 | ▼ 41.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,295 | €40,178 | €68,486 | €71,395 | €32,694 | ▼ 54.2% |
| Financial debts43 | - | - | - | €379 | - | €98 | €42,127 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €379 | - | €98 | €42,127 | €0 | ▼ 100% |
| Trade debts44 | €38,113 | €35,907 | €37,921 | €41,108 | €161,755 | €116,701 | €95,613 | €79,348 | ▼ 17.0% |
| Suppliers440/4 | - | - | - | €41,108 | €161,755 | €116,701 | €95,613 | €79,348 | ▼ 17.0% |
| Advances received on contracts in progress46 | - | - | - | €3,332 | €1,227 | €7,813 | €14,233 | €3,790 | ▼ 73.4% |
| Taxes, remuneration and social security45 | - | - | - | €49,312 | €48,670 | €81,587 | €45,367 | €42,397 | ▼ 6.5% |
| Taxes450/3 | - | - | - | €10,605 | €1,481 | €29,420 | €26,639 | €24,191 | ▼ 9.2% |
| Remuneration and social security454/9 | - | - | - | €38,707 | €47,188 | €52,167 | €18,728 | €18,206 | ▼ 2.8% |
| Other amounts payable47/48 | - | - | - | €214 | - | - | €53 | €53 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,540 | €20,616 | -€4,267 | €11,320 | -€66,647 | -€65,565 | €3,921 | -€19,869 | - |
| + Depreciation and write-downs630 | €12,060 | €12,200 | €11,867 | €8,653 | €16,627 | €53,237 | €57,017 | €55,115 | ▼ 3.3% |
| Operating cash flow (approximation) | -€5,479 | €32,815 | €7,600 | €19,973 | -€50,019 | -€12,328 | €60,937 | €35,246 | ▼ 42.2% |
| Investment in fixed assets (approximation) | - | -€3,118 | -€5,106 | -€4,494 | -€390,067 | -€5,771 | -€15,542 | -€1,757 | ▲ 88.7% |
| Change in cash | - | €24,224 | -€15,244 | €120,393 | -€141,403 | €63,996 | -€31,434 | -€35,195 | ▼ 12.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00462388 | NBB |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00510431 | |
| 31-12-2023 | micro format | 26-09-2024 | 2024-00473322 | |
| 31-12-2022 | micro format | 21-09-2023 | 2023-00449870 | |
| 31-12-2021 | micro format | 26-09-2022 | 2022-20435340 | |
| 31-12-2020 | micro format | 27-09-2021 | 2021-69300449 | |
| 31-12-2019 | micro format | 02-10-2020 | 2020-59000060 | |
| 31-12-2018 | micro format | 09-07-2019 | 2019-30800169 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-29200587 | |
| 31-12-2016 | abbreviated format | 31-07-2017 | 2017-39100479 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Equity €22,553 Loss of €2,740 in 2025 (profit of €178 in 2024) Checked score 8217.13%
Network & group
Companies at the same address
9 other companies- M'AUDA Registered office · since 2021 0777984045
- NONON Registered office · since 2021 0776341478
- Bekaert, Delphine (sole trader) Establishment · since 2019 0738444370
- Vereniging van mede-eigenaars van de residentie Sint-Baafs te Gent, Sint-Baafsplein 12-20 Registered office · since 2018 0720501647
- HODHOD Registered office · since 2014 0563926425
- IMMEIR Registered office · since 2012 0842894465
- MONSAERT Registered office · since 2011 0834725976
- ECOTEC Registered office · since 2004 0867237705
- DE JACOBIJNEN Registered office · since 1993 0449746834
Connections & network
1 current directorThe network starts from the directors of o'yo. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-10
Gazette deed
Registered office moved within Gent2 points ▸
- Registered-office move, Sint-Baafsplein 12, 9000 Gent
- Board meeting, 20-08-2026
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
2 sitesSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44803C0496/00K000 | Flanders | 354 m² | 1 · 396 m² | 18.7 m · 4 |
| 44064B0260/00C002 | Flanders | 259 m² | 1 · 108 m² | 10.2 m · 2 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.