Equity
€27,771 from €88,178 in 2021
Equity fell by 69% in 4 years.
P RESTAURATION
Lifetime
7 annual accounts with figures on one time axispeak €249,105 (2019)
€20,800▼ 46.3%
lowest -€26,781 (2019)
-€13,944▼ €19,369
peak €88,178 (2021)
€27,771▼ 61.3%
€33,039▲ 12×
peak 5.3 FTE (2019)
-not published
Board3 names since 2018
2 directorsDESCAMPS Philippe Alain Christian and 1 other
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Gross margin from €38,753 to €20,800Loss of €13,944Dividend €30,000Equity from €71,716 to €27,771Debts from €2,701 to €33,039Investments €12,297
Key points
from the 2025 annual accountsTurnover
≈ €220,000 estimated
The micro format states no turnover.
Investments
€12,297 2.5 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.25 was 26.79 in 2024
Short-term debts rose from €2,329 to €33,039.
Filings
7 annual accounts 3 late
The 2019 accounts came latest: 88 days after the end of the period.
Position in the sector
-€13,944
Lower net result than 83% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
Checked score
67
Healthy
Financially stronger than 43% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 2.0%● unchanged vs 12-2024
02-2025: 2.1%▲ +0.1 percentage points vs 01-2025
03-2025: 2.1%● unchanged vs 02-2025
04-2025: 2.2%▲ +0.1 percentage points vs 03-2025
05-2025: 2.2%● unchanged vs 04-2025
06-2025: 2.2%● unchanged vs 05-2025
07-2025: 2.4%▲ +0.2 percentage points vs 06-2025
08-2025: 3.0%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 1.8%▼ -1.2 percentage points vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.6%▼ -0.2 percentage points vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.8%▲ +0.2 percentage points vs 03-2026
05-2026: 1.5%▼ -0.3 percentage points vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.6%▲ +0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +0.4 percentage points vs 07-2026
09-2026: 0.9%▼ -1.1 percentage points vs 08-2026lowest value
10-2026: 0.9%● unchanged vs 09-2026lowest value
11-2026: 0.9%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Loss of €13,944 (financial year 2025)
lowers risk
Liquidity: current ratio 1.25, cash €28,530
Figures for financial year 2025 (filed on 21-08-2026)
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 64% of them on solvency, 76% on liquidity, 20% on profitability and 12% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as P RESTAURATION has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of P RESTAURATION itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,591 companies, not a prediction for P RESTAURATION. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.25 (26.79 in 2024), below the usual 1.5. Short-term debt is 54.3% and cash 46.9% of total assets. 54.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
19 days late
2024
on the day
2023
16 days early
2022
1 day early
2021
19 days late
2020
2 days early
2019
88 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from KP RESTAURATION to P RESTAURATION
Resignation: DESCAMPS Philippe Alain Christian (manager) · Reappointment: DESCAMPS Philippe Alain Christian (director) · “Tous travaux de construction,rénovation,installation et finition dans le secteur du bâtiment,incluant…” (deed in French) · General meeting of 26-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0693710247
Registered office moved within Feluy
New registered office: Chemin de la Claire Haie, 126 7181 FELUY · Previous registered office: Place du Trichon 1 à 7181 FELUY · Philippe Descamps holds all the shares · General meeting of 25-10-2022 · Gazette deed
Registered office moved from Nivelles to Feluy
New registered office: Place du Trichon 1 7181 FELUY · Previous registered office: Rue du Happart 4 à 1400 Nivelles · Philippe Descamps holds all the shares · Board meeting of 27-02-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| P RESTAURATION Seneffe | €60,810 | €20,800 | 45.7% | - |
| Pane Amore e Fantasia Woluwe-Saint-Lambert | €60,568 | €22,613 | 44.8% | - |
| EL SAFAA Antwerp | €70,287 | €20,836 | 80.7% | - |
| DIJKIN Antwerp | €63,813 | €25,377 | -500.0% | 7.3 |
| 1660 Liège | €66,023 | €19,355 | 14.3% | - |
| RESTAURATION INCLUSIVE Brussels | €55,079 | €17,124 | 70.1% | - |
| COUSCOUS GOURMAND Namur | €70,264 | €21,106 | 30.1% | - |
These companies have the same main activity as P RESTAURATION: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €55,100 and €70,300, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 29-03-2018Normal situation
- Activity
- Full-service restaurantsNACE 56111and 5 others
- Establishment unit
- 2.274.255.3671400 Nivelles, since 02-04-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 03-02-2026
Insights on P RESTAURATION
P RESTAURATION files the micro format. That format states no turnover. The gross margin fell from €249,105 in 2019 to €20,800 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about P RESTAURATION
- What is the company number of P RESTAURATION?
- The company number of P RESTAURATION is 0693.710.247. The VAT number is the same number with BE in front: BE 0693.710.247.
- Where is P RESTAURATION based?
- The registered office is at Chemin de la Claire Haie 126, 7181 Seneffe.Company details
- What does P RESTAURATION do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of P RESTAURATION?
- P RESTAURATION is a private limited company (BV).
- When was P RESTAURATION founded?
- P RESTAURATION was founded on 29-03-2018.
- Is P RESTAURATION still active?
- Yes, P RESTAURATION is an active enterprise in the KBO register.
- How many employees does P RESTAURATION have?
- P RESTAURATION had an average of 4.1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of P RESTAURATION?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €20,800 and 89 comparable companies (NACE 56111). It probably lies between €110,000 and €450,000. It is a rough estimate.
- Is P RESTAURATION profitable?
- In financial year 2025, P RESTAURATION made a loss of €13,944.
- Where can I find the annual accounts of P RESTAURATION?
- P RESTAURATION filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of P RESTAURATION due?
- P RESTAURATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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