Skip to content

Que Paso

Active
Private limited companyfounded 2025active for 1 yearLeest-Dorp(LST) 9, 2811 Mechelen, BelgiumKBO/BCE: BE 1018.562.950

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Que Paso is 5.3% (elevated). The 2025 annual accounts show negative equity (-€31,873) and a net result of -€33,373. Its solvency ranks better than 21% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 10-01-2025 Normal situation
Legal form
Private limited company
Registered office
Leest-Dorp(LST) 9, 2811 Mechelen
Activity
Full-service restaurants NACE 56111and 4 others
Establishment unit
2.368.601.428 2811 Mechelen, since 10-01-2025
Financial year end
31 December
Peppol
Reachable since 06-02-2025

Board and ownership

Board

Financial position

35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.3%
Annual accounts 2025
Gross margin
€132,343
Turnover
≈ €380,000
estimated
Loss
€33,373
Equity
-€31,873
Total assets
€254,670
Staff
18.4 FTE
2025 accounts filed 31 days after the deadline
Filed on 31-08-2026at the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2025Last filed accounts filed 31 days late; 1 of the last 3 accounts lateNegative equity -€31,873Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 18% of micro companies in food and beverage service (NACE 56)
Financial strength
Weak
Solvency 12
equity -12.5% of total assets
Liquidity 16
short-term debt 85.8% · cash 10.9%
Profitability 2
return on assets -13.1%
Bankruptcy probability within 12 months
5.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 02-2026: 3.9%lowest value 03-2026: 4.0%▲ +0.1 percentage points vs 02-2026 04-2026: 4.1%▲ +0.1 percentage points vs 03-2026 05-2026: 4.6%▲ +0.5 percentage points vs 04-2026 06-2026: 4.6%● unchanged vs 05-2026 07-2026: 4.9%▲ +0.3 percentage points vs 06-2026 08-2026: 5.3%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 5.3%● unchanged vs 08-2026 10-2026: 5.3%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.19, below 1. Short-term debt is 85.8% and cash 10.9% of total assets. Equity is negative.
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 21% of them on solvency, 14% on liquidity and 18% on profitability.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
raises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€31,873
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

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, 2026-00478855.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-08-2026
Format
micro format
Reference
2026-00478855
Turnover
≈ €380,000
Estimated: probably between €320,000 and €470,000
Total assets
€254,670
Net result
-€33,373
Working capital
-€176,180

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €254,670
Fixed assets €212,307
Current assets €42,363
Equity and liabilities
Equity-€31,873
Debt€286,543
Equity is negative. Debt (€286,543) exceeds the balance-sheet total (€254,670).
Key figures and ratios
2025 value
EBITDA
-€9,301
Cash flow
-€19,169
Solvency
-12.5%
Current ratio
0.19
Quick ratio
0.16
ROA
-13.1%
Interest coverage
-0.94
Debt
€286,543
Debt ≤ 1 year
€218,543
Debt > 1 year
€66,000
Income taxes
€11
Staff costs
€140,454
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Companies with the same profile, two years later

Historical observation

In July 2024, 2,386 companies had the same profile as Que Paso has now. Two years later, 7.3% had gone bankrupt and 86.0% were still going.

  • Small
  • negative equity
  • a loss of 10% of the balance sheet or more
  • without age
7.3% went bankrupt
5.2% stopped otherwise
86.0% was still going

Another 1.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Que Paso itself: 5.3% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,386 companies, not a prediction for Que Paso. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€254,670
Fixed assets21/28€212,307
Tangible fixed assets22/27€212,307
Plant, machinery and equipment23€40,586
Furniture and vehicles24€11,937
Other tangible fixed assets26€159,784
Current assets29/58€42,363
Stocks and contracts in progress3€8,381
Stocks30/36€8,381
Amounts receivable within one year40/41€6,306
Trade receivables40€5,196
Other amounts receivable41€1,109
Cash at bank and in hand54/58€27,676
Equity and liabilities
Total equity and liabilities10/49€254,670
Equity10/15-€31,873
Contributions10/11€1,500
Profit (loss) carried forward14-€33,373
Amounts payable17/49€286,543
Amounts payable after more than one year17€66,000
Financial debts170/4€66,000
Amounts payable within one year42/48€218,543
Trade debts44€68,662
Suppliers440/4€68,662
Taxes, remuneration and social security45€44,741
Taxes450/3€15,222
Remuneration and social security454/9€29,519
Other amounts payable47/48€105,140
Accrued charges and deferred income492/3€2,000
Income statement Code2025
Remuneration, social security and pensions62€140,454
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,205
Other operating charges640/8€1,190
Gross operating margin9900€132,343
Operating profit (loss)9901-€23,505
Financial income75/76B€38
Recurring financial income75€38
Financial charges65/66B€9,895
Recurring financial charges65€9,895
Profit (loss) for the period before taxes9903-€33,362
Income taxes67/77€11
Profit (loss) for the period9904-€33,373
Profit (loss) for the period to be appropriated9905-€33,373
Appropriation of the result
Profit (loss) to be appropriated9906-€33,373

The notes to these accounts have 6 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.

Line2025
Remuneration, social security and pensions62€140,454
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,205
Other operating charges640/8€1,190
Gross operating margin9900€132,343
Operating profit (loss)9901-€23,505
Financial income75/76B€38
Recurring financial income75€38
Financial charges65/66B€9,895
Recurring financial charges65€9,895
Profit (loss) for the period before taxes9903-€33,362
Income taxes67/77€11
Profit (loss) for the period9904-€33,373
Profit (loss) for the period to be appropriated9905-€33,373
Line2025
Assets
Total assets20/58€254,670
Fixed assets21/28€212,307
Tangible fixed assets22/27€212,307
Plant, machinery and equipment23€40,586
Furniture and vehicles24€11,937
Other tangible fixed assets26€159,784
Current assets29/58€42,363
Stocks and contracts in progress3€8,381
Stocks30/36€8,381
Amounts receivable within one year40/41€6,306
Trade receivables40€5,196
Other amounts receivable41€1,109
Cash at bank and in hand54/58€27,676
Equity and liabilities
Total equity and liabilities10/49€254,670
Equity10/15-€31,873
Contributions10/11€1,500
Profit (loss) carried forward14-€33,373
Amounts payable17/49€286,543
Amounts payable after more than one year17€66,000
Financial debts170/4€66,000
Amounts payable within one year42/48€218,543
Trade debts44€68,662
Suppliers440/4€68,662
Taxes, remuneration and social security45€44,741
Taxes450/3€15,222
Remuneration and social security454/9€29,519
Other amounts payable47/48€105,140
Accrued charges and deferred income492/3€2,000
Line2025
Profit (loss) for the period9904-€33,373
+ Depreciation and write-downs630€14,205
Operating cash flow (approximation)-€19,169

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00478855 NBB

Comparable companies

These companies have the same main activity as Que Paso: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €226,000 and €278,000, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
Que Paso Mechelen2025€254,670-€31,873€132,343-€33,373-2025
Tartaar Mechelen2025€232,273€41,877€138,165€26,877-2025
Guanyu Antwerpen2024€239,318€6,182€115,520€1,182-2025
THE MOSH LAB Brugge2025€240,042€39,849€121,140€9,849-2025
Vanliever Laarne2025€252,934€12,766€136,503-€62,234-2025
NEDAZ Sint-Lambrechts-Woluwe2025€225,578€11,274€126,503€10,274-2025
BEGEERT Hasselt2025€277,839€2,919€117,799-€12,0812.32025

They were chosen from the 12,110 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2025
Lauren De Laet
Director (not named in the articles) · since 07-01-2025 · listed in the 2025 annual accounts, filed on 31-08-2026
Current
Van Lindt Joran
Additional director · appointed in the act of 19-05-2025 · listed in the 2025 annual accounts, filed on 31-08-2026
Current

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Lauren De Laet
  • Director (not named in the articles), from 07-01-2025 to date
Van Lindt Joran
  • Additional director, appointed in the act of 19-05-2025, still in office
See the board, name and registered office on a given date →

The board according to the articles of association

Signing authorityThe articles say who may bind the company, for example by signing a contract.
“BESTUUR EN VERTEGENWOORDIGING De vennootschap wordt bestuurd door één of meer bestuurders die door de algemene vergadering worden benoemd…”
Board ruleThese rules set how the board is made up, meets and takes decisions.
“1, algemene vergadering”

Articles of association, deed of 14-01-2025

Owners and capital

Capital transactions

Shareholders according to the deeds
At incorporation act of 14-01-2025 ↗
  • Viviane De Mulder 2 shares (2%) · €30 in cash
  • Lauren De Laet 49 shares (49%) · €735 in cash
  • Joran Van Lindt 49 shares (49%) · €735 in cash
Capital over time
  1. 14-01-2025 Incorporation · €1,500 · 100 shares

Shares according to the articles of association

Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
“Verminderd met overgedragen verlies of vermeerderd met overgedragen winst, algemene vergadering”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
“Alleen dan wel gezamenlijk, dagelijks bestuur”
Liquidation distribution: “Goederen in natura op dezelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding van aantal aandelen”
1 more provision in the deed, see the deed of 14-01-2025

Articles of association, deed of 14-01-2025 (in Dutch)

Group and network

Connections & network

2 current directors
Depth

The network starts from the directors of Que Paso. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Que Paso was incorporated on 10 January 2025 as a private limited company by three natural persons, with a starting capital of €1,500.12 The board currently has 2 members.3 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-01-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filedNBB
financial year 2025 · micro format · 31 days late
2025
19-05
Gazette deed Appointment: Van Lindt Joran (additional director)
2 points ▸
  • General meeting, “bijzondere algemene vergadering, 17 aprili 2025” (deed in Dutch)
  • Director appointment, Van Lindt Joran (additional director)

Open the act in the Belgian Official Gazette

14-01
Gazette deed Incorporation
Appointment: Lauren De Laet (director) · Founder · Founding capital9 points ▸
  • Incorporation, 07-01-2025
  • Founder, Viviane De Mulder
  • Founder, Lauren De Laet
  • Founder, Joran Van Lindt
  • Founding capital, €1,500
  • Bank account, “bijzondere rekening” (deed in Dutch)
  • Registered office clause, “2811 Mechelen (Leest), Leest-Dorp 9” (deed in Dutch)
  • Board rule, 1
  • Director appointment, Lauren De Laet (director (not named in the articles))

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Identity

KBO record
Name Que Paso in Dutch
Enterprise number 1018.562.950
Legal form Private limited company
Status Active, normale toestand
Founded 10-01-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-01-2025 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Que Paso
deed of 14-01-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 14-01-2025 (in Dutch)

Registered office and establishments

Registered office Leest-Dorp(LST) 9, 2811 Mechelen, Belgium
Establishments 1 establishment unit since 2025

Activities

NACEBEL 2025
56111 Full-service restaurants main activity
56210 Event catering
56220 Contract catering and other food service activities
56301 Cafés and bars
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Eetgelegenheden met volle bediening; Catering; Restaurant van het traditionele type; Organiseren en verzorgen van bruiloften, banketten…”
12 activities
  1. Eetgelegenheden met volle bediening
  2. Catering
  3. Restaurant van het traditionele type
  4. Organiseren en verzorgen van bruiloften, banketten, cocktails, lunches, recepties, enz.
  5. Overige eetgelegenheden
  6. Cafés en bars
  7. Overige zakelijke dienstverlening n.e.g.
  8. Handel in eigen onroerend goed die rechtstreeks of onrechtstreeks in verband staan met het maatschappelijk voorwerp
  9. Beleggen van eigen gelden
  10. Functie van zaakvoerder, bestuurder of vereffenaar uitoefenen in andere vennootschapen
  11. Borgstellen voor de bestuurders en/of aandeelhouders
  12. Het verwerven en aanhouden van participaties in andere vennootschappen waarvan het voorwerp hetzelfde is als in deze akte

The full purpose is in the deed

deed of 14-01-2025 (in Dutch)

Invoicing and payment

VAT number BE 1018.562.950
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1018562950
Other Peppol ID 9925:BE1018562950
Registered 06-02-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 09:00
deed of 14-01-2025 (in Dutch)
Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
“Ieder aandeel recht op één stem, wettelijke en statutaire bepalingen betreffende aandelen zonder stemrecht”
deed of 14-01-2025 (in Dutch)

The scores and ratios are Checked's own calculations, not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Mechelenunit number 2.368.601.428
1 permission
Authorisation · Eetgelegenheid · since 01-04-2025

Environmental permits: No permit applications found in Flanders.

Sites & property

Location
registered office establishment The establishment unit on the map
1 establishment unit
Que Paso
Leest-Dorp(LST) 9, 2811 MechelenFull-service restaurants
since 2025unit number 2.368.601.428

Buildings and parcels at the address

Ground area
910 m²
Building footprint
108 m²
Building volume
766 m³
Parcel 12020B0502/00A000, Flanders · tallest building 8.5 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12020B0502/00A000 Flanders 910 m² 1 · 108 m² 8.5 m · 3