Overdue debts
The annual accounts state €7,281 of overdue tax debts and €47,568 of overdue social security (RSZ) debts on 31-12-2025.
The annual accounts state €7,281 of overdue tax debts and €47,568 of overdue social security (RSZ) debts on 31-12-2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Between 2022 and 2025, 51% of the full-time equivalents disappeared.
Short-term debts rose from €44,541 to €88,908.
In July 2024, 6,920 companies had the same profile as OTESIMA has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 6,920 companies, not a prediction for OTESIMA. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| OTESIMA Charleroi | €373,753 | -18.5% | -46.5% | - |
| RD RESTAURATION Tournai | €188,878 | 12.7% | -5.8% | 2 |
| LIMS Trading Sint-Gillis (bij-Brussel) | - | - | -62.2% | - |
| Qap de l' eau Antwerp | - | - | -177.3% | - |
| La Piazzetta Sprimont | - | - | 71.8% | - |
| Ine Broodjes & Koffiekletz Bree | - | - | 11.8% | - |
| Ja-Sas Duffel | - | - | 60.1% | - |
Grey: the largest companies of the sector (food and beverage service (NACE 56)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as OTESIMA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €57,100 and €68,500, founded between 2015 and 2016.
OTESIMA files the micro format. That format states no turnover. The gross margin rose from €50,345 in 2015 to €89,433 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 15% of 18,532 companies in 2025.
Higher than 27% of 17,887 companies in 2025.
Lower than 95% of 17,984 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and nobody left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
60,701 | 84,259 | 111,453 | 173,304 | 184,680 | 75,356 | 91,789 | 68,997 | 47,320 | 39,024 | 37,635 | |
21/28 |
10,539 | 17,394 | 23,610 | 74,111 | 27,697 | 12,323 | 10,002 | 4,448 | 11,332 | 18,490 | 15,028 | |
21 |
0 | - | 430 | 860 | 1,290 | 1,720 | 2,150 | 2,580 | 3,010 | 3,440 | 3,870 | |
22/27 |
10,399 | 17,212 | 22,863 | 23,255 | 26,407 | 10,503 | 7,752 | 1,768 | 8,222 | 14,950 | 11,058 | |
22 |
3,400 | 3,400 | - | - | - | - | - | - | - | - | - | |
23 |
4,283 | 7,040 | 10,169 | 5,849 | 4,071 | 1,653 | 2,271 | 408 | 612 | 1,091 | 549 | |
24 |
2,716 | 6,772 | 12,694 | 17,131 | 21,785 | 8,849 | 5,481 | 1,360 | 7,610 | 13,859 | 10,509 | |
26 |
- | - | - | 275 | 551 | - | - | - | - | - | - | |
28 |
140 | 182 | 317 | 49,996 | 0 | 100 | 100 | 100 | 100 | 100 | 100 | |
29/58 |
50,162 | 66,865 | 87,843 | 99,193 | 156,983 | 63,034 | 81,787 | 64,549 | 35,988 | 20,534 | 22,607 | |
29 |
31,000 | 45,000 | 50,000 | - | - | - | - | - | - | - | - | |
291 |
31,000 | 45,000 | 50,000 | - | - | - | - | - | - | - | - | |
3 |
9,809 | 10,299 | 10,299 | 6,321 | 6,321 | 3,617 | 9,871 | 16,120 | 8,426 | 12,845 | 14,946 | |
30/36 |
9,809 | 10,299 | 10,299 | 6,321 | 6,321 | 3,617 | 9,871 | 16,120 | 8,426 | 12,845 | 14,946 | |
40/41 |
1,198 | 5,576 | 6,707 | 9,019 | 57,994 | 53,070 | 52,855 | 26,450 | 4,473 | 230 | 1,273 | |
40 |
1,195 | 1,523 | 1,304 | 1,975 | 1,127 | 7,198 | - | - | - | - | 1,255 | |
41 |
3 | 4,053 | 5,403 | 7,044 | 56,867 | 45,872 | 52,855 | 26,450 | 4,473 | 230 | 18 | |
54/58 |
4,542 | 5,578 | 19,101 | 83,853 | 92,668 | 6,346 | 19,062 | 21,979 | 23,090 | 7,459 | 6,389 | |
490/1 |
3,613 | 412 | 1,736 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
60,701 | 84,259 | 111,453 | 173,304 | 184,680 | 75,356 | 91,789 | 68,997 | 47,320 | 39,024 | 37,635 | |
10/15 |
-28,207 | 39,718 | 68,579 | 119,632 | 144,100 | 62,835 | 53,790 | 39,570 | 33,709 | 24,618 | 19,070 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,200 | 18,200 | |
10 |
- | - | - | 18,600 | 18,600 | - | - | - | - | - | - | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | 400 | 400 | |
13 |
1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 755 | 43 | 43 | |
130/1 |
1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | - | - | - | - | - | |
130 |
- | - | - | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 755 | 43 | 43 | |
1311 |
1,200 | 1,200 | 1,200 | - | - | - | - | - | - | - | - | |
14 |
-48,007 | 19,918 | 48,779 | 99,832 | 124,300 | 43,035 | 33,991 | 19,770 | 14,353 | 6,375 | 826 | |
17/49 |
88,908 | 44,541 | 42,874 | 53,672 | 40,580 | 12,521 | 37,999 | 29,427 | 13,611 | 14,406 | 18,565 | |
42/48 |
88,908 | 44,541 | 42,874 | 53,672 | 40,580 | 12,521 | 37,999 | 29,427 | 13,611 | 14,406 | 18,565 | |
44 |
23,953 | 29,059 | 32,342 | 19,584 | 21,446 | 10,422 | 9,089 | 11,695 | 3,043 | 1,289 | 5,217 | |
440/4 |
23,953 | 29,059 | 32,342 | 19,584 | 21,446 | 10,422 | 9,089 | 11,695 | 3,043 | 1,289 | 5,217 | |
45 |
64,750 | 15,482 | 10,532 | 33,387 | 18,433 | 2,099 | 28,910 | 17,733 | 10,568 | 13,117 | 13,349 | |
450/3 |
7,281 | 7,728 | 8,110 | 19,601 | 16,468 | 49 | 22,335 | 13,130 | 6,138 | 6,078 | 4,111 | |
454/9 |
57,469 | 7,754 | 2,422 | 13,786 | 1,965 | 2,050 | 6,575 | 4,602 | 4,430 | 7,039 | 9,237 | |
47/48 |
205 | - | - | 701 | 701 | - | - | - | - | - | - | |
| Income statement | ||||||||||||
70 |
373,753 | 440,707 | 430,634 | 383,324 | 294,162 | - | - | - | - | - | - | |
76A |
- | - | - | - | - | 13,978 | - | - | - | - | - | |
9900 |
89,433 | 127,829 | 120,126 | 107,095 | 120,066 | 50,472 | 98,186 | 85,410 | 82,899 | 64,742 | 50,345 | |
60/61 |
284,320 | 312,878 | 310,508 | 276,229 | 174,096 | - | - | - | - | - | - | |
62 |
148,485 | 146,799 | 159,942 | 120,824 | 24,063 | 34,396 | 80,371 | 63,540 | 59,633 | 44,843 | 41,126 | |
630 |
7,241 | 9,481 | 9,219 | 7,425 | 3,406 | 3,045 | 1,314 | 6,884 | 7,158 | 7,158 | 4,341 | |
635/8 |
- | 1,051 | - | - | - | - | - | - | - | - | - | |
640/8 |
1,521 | - | 1,621 | 2,766 | 1,741 | 3,673 | 11,022 | 3,959 | 6,811 | 3,582 | 2,248 | |
66A |
1,206 | 968 | 1,865 | 1,490 | - | - | - | - | - | 800 | - | |
9901 |
-69,020 | -30,470 | -52,521 | -25,410 | 90,856 | 9,357 | 5,479 | 11,027 | 9,297 | 8,359 | 2,630 | |
75/76B |
1,200 | 1,786 | 1,802 | 1,674 | 3,254 | 4,608 | 3,308 | 1,402 | 224 | 142 | 71 | |
75 |
1,200 | 1,786 | 1,802 | 1,674 | 3,254 | 4,608 | 3,308 | 1,402 | 224 | 142 | 71 | |
65/66B |
105 | 164 | 96 | 189 | 1,345 | 4,871 | 2,078 | 449 | 830 | 835 | 1,256 | |
65 |
105 | 164 | 96 | 189 | 235 | 1,071 | 2,078 | 449 | 830 | 835 | 1,256 | |
66B |
- | - | - | - | 1,110 | 3,800 | - | - | - | - | - | |
9903 |
-67,925 | -28,848 | -50,815 | -23,925 | 92,765 | 9,094 | 6,709 | 11,981 | 8,691 | 7,666 | 1,445 | |
67/77 |
- | 13 | 238 | 543 | 11,500 | 49 | 9,080 | 3,097 | - | 2,118 | 575 | |
9904 |
-67,925 | -28,861 | -51,053 | -24,468 | 81,265 | 9,045 | -2,371 | 8,884 | 8,691 | 5,548 | 870 | |
9905 |
-67,925 | -28,861 | -51,053 | -24,468 | 81,265 | 9,045 | -2,371 | 8,884 | 8,691 | 5,548 | 870 | |
| Appropriation of the result | ||||||||||||
9906 |
-48,007 | 19,918 | 48,779 | 99,832 | 124,300 | 43,035 | 33,991 | 20,215 | 14,788 | 6,375 | 870 | |
14P |
19,918 | 48,779 | 99,832 | 124,300 | 43,035 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 444 | 435 | - | 43 | |
691 |
- | - | - | - | - | - | - | 444 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | 435 | - | 43 | |
| Social balance sheet | ||||||||||||
9087 |
3 | 2.9 | 4 | 6.1 | - | - | 1.9 | - | 1.5 | 1.3 | 1.1 | |
Hours worked1013 |
4,291 | 4,390 | 5,545 | 651 | - | - | 3,603 | - | 2,610 | 2,500 | 1,959 | |
| Document | ||||||||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-06-2026 | 2026-00195656 | |
| 31-12-2024 | full format | 28-06-2025 | 2025-00192015 | |
| 31-12-2023 | micro format | 24-07-2024 | 2024-00297398 | |
| 31-12-2022 | full format | 09-08-2023 | 2023-00323995 | |
| 31-12-2021 | micro format | 29-09-2022 | 2022-20448889 | |
| 31-12-2020 | micro format | 23-11-2021 | 2021-78200135 | |
| 31-12-2019 | micro format | 07-09-2020 | 2020-52100030 | |
| 31-12-2018 | micro format | 17-10-2019 | 2019-70700040 | |
| 31-12-2017 | micro format | 02-10-2018 | 2018-68100221 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-60100273 | |
| 31-12-2015 | full format | 29-09-2016 | 2016-62400033 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -61,779 | -20,989 | -43,302 | -17,985 | 94,262 | 12,403 | 6,793 | 17,911 | 16,455 | 15,517 | 6,970 | ||
| -60,684 | -19,380 | -41,834 | -17,043 | 84,671 | 12,090 | -1,057 | 15,767 | 15,849 | 12,707 | 5,210 | ||
| 428 | 3,400 | 8,718 | 53,839 | 16,607 | 5,366 | 6,868 | 0 | 0 | 11,420 | 19,369 | ||
| -1,036 | -13,523 | -64,752 | -8,815 | 86,322 | -12,716 | -2,917 | -1,111 | 15,631 | 1,071 | - | ||
| -38,746 | 22,324 | 44,969 | 45,521 | 116,403 | 50,512 | 43,789 | 35,122 | 22,377 | 6,128 | 4,042 | ||
| -18.5% | -6.9% | -12.2% | -6.6% | 30.9% | - | - | - | - | - | - | ||
| -46.5% | 47.1% | 61.5% | 69.0% | 78.0% | 83.4% | 58.6% | 57.4% | 71.2% | 63.1% | 50.7% | ||
| 0.56 | 1.50 | 2.05 | 1.85 | 3.87 | 5.03 | 2.15 | 2.19 | 2.64 | 1.43 | 1.22 | ||
| 0.45 | 1.27 | 1.81 | 1.73 | 3.71 | 4.75 | 1.89 | 1.65 | 2.03 | 0.53 | 0.41 | ||
| - | 1.12 | 0.63 | 0.45 | 0.28 | 0.20 | 0.71 | 0.74 | 0.40 | 0.59 | 0.97 | ||
| - | -72.7% | -74.4% | -20.5% | 56.4% | 14.4% | -4.4% | 22.5% | 25.8% | 22.5% | 4.6% | ||
| -111.9% | -34.3% | -45.8% | -14.1% | 44.0% | 12.0% | -2.6% | 12.9% | 18.4% | 14.2% | 2.3% | ||
| -588.37 | -127.98 | -451.06 | -95.16 | over 100 | - | - | - | - | - | - | ||
| 1 day | 1 day | 1 day | 2 days | 1 day | - | - | - | - | - | - | ||
| 31 days | 34 days | 38 days | 26 days | 45 days | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 5 | 5 |
| full-time | 1 | 1 | 1 | 1 |
| part-time | 3 | 3 | 4 | 4 |
| in full-time equivalents | 2.9 | 2.9 | 3.4 | 3.1 |
| 2.9 | 2.9 | 3.2 | 2.1 | |
| On a permanent contract | 4 | 4 | 5 | 4 |
| Joined | 0 | 0 | - | 1 |
| Left | 0 | 1 | - | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue tax debts | €7,281 | €7,727 | - | €19,601 | €4,733 |
| Overdue social security (RSZ) debts | €47,568 | €7,754 | - | €9,903 | €1,737 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €428 | €3,400 | €8,397 | €3,843 | €16,607 |
| Financial fixed assets | - | - | €321 | €49,996 | - |
| €7,241 | €9,481 | €9,219 | €7,425 | €3,406 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €69,020, larger than the loss of €30,470 in 2024. It is the lowest result since 2015.
Equity is negative. Debt (€88,908) exceeds the balance-sheet total (€60,701).
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| EMOZIONE LATINA registered office Rue de Dampremy 29/rc, 6000 Charleroi | 14-01-2015 | 2.238.006.962 | Restaurant |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52011C0091/00G000 | 255 m² | 1 · 84 m² | 20.4 m · 4 |
If something looks wrong or is missing, please tell us.