Equity
-€12,584
Debts exceed assets in financial year 2025.
Queenz
Overview
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €3,216 (2024)
-€1,869▼ €5,085
Resultlowest -€13,207 (2023)
-€4,952▼ €5,527
Equitypeak €6,793 (2023)
-€12,584▼ €4,952
Debts
€35,985▲ 43.7%
Board1 name since 2022
1 directorGheysen,Vanessa Denise
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €3,216 to -€1,869Loss of €4,952Equity from -€7,632 to -€12,584Debts from €25,049 to €35,985Cash from €13,250 to €19,815
Key points
from the 2025 annual accountsDebts
€35,985 154% of the balance sheet
Suppliers 1%Taxes and wages 3%Other 96%
Position in the sector
-53.8%
Lower solvency than 86% of companies in food and beverage service. Sector median 29.5% · 17,096 companies.
Turnover not published (micro format)
Checked score
51
Fair
Financially stronger than 20% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
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 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024lowest value
02-2025: 1.2%● unchanged vs 01-2025lowest value
03-2025: 1.2%● unchanged vs 02-2025lowest value
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.3%▲ +0.1 percentage points vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 2.3%▲ +1.0 percentage point vs 06-2025
08-2025: 2.3%● unchanged vs 07-2025
09-2025: 2.3%● unchanged vs 08-2025
10-2025: 2.3%● unchanged vs 09-2025
11-2025: 2.3%● unchanged vs 10-2025
12-2025: 2.3%● unchanged vs 11-2025
01-2026: 2.3%● unchanged vs 12-2025
02-2026: 2.3%● unchanged vs 01-2026
03-2026: 2.3%● unchanged vs 02-2026
04-2026: 2.3%● unchanged vs 03-2026
05-2026: 2.4%▲ +0.1 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026highest value
07-2026: 2.1%▼ -0.3 percentage points vs 06-2026
08-2026: 2.1%● unchanged vs 07-2026
09-2026: 2.3%▲ +0.2 percentage points vs 08-2026
10-2026: 2.2%▼ -0.1 percentage points vs 09-2026
11-2026: 2.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Negative equity -€12,584
Founded in 2022
lowers risk
Liquidity: current ratio 0.57, cash €19,815
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, 49% on liquidity, 8% on profitability and 12% on growth.
The bankruptcy probability was computed on 05-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 7,639 companies had the same profile as Queenz has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Queenz itself: 2.2% within 12 months.
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 7,639 companies, not a prediction for Queenz. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.57 (0.54 in 2024), below 1. Short-term debt is 153.8% and cash 84.7% of total assets. Equity is negative.
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.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€12,584
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
31 days early
2024
31 days early
2023
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 32 days before 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 30 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0792827817
Incorporation
Founding capital of €5,000, 100 shares · Founder: Gheysen, Vanessa Denise · Appointment: Gheysen, Vanessa Denise (director) · published on 27-10-2022 · Gazette deed
First establishment
Rue des Wagnons 2, Quiévrain
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Queenz Quiévrain | €23,401 | -€1,869 | -53.8% | - |
| LES ARCADES 1970 Mons | €22,099 | -€1,976 | -28.9% | - |
| A&M GROUP Flémalle | €24,370 | -€3,326 | 32.3% | - |
| MAYA BOWL Zaventem | €22,821 | -€21,970 | -195.6% | - |
| MITHU DA DHABA Herk-de-Stad | €25,418 | -€17,573 | -19.5% | - |
| DUBAI GROUP Uccle | €24,276 | -€27,742 | -179.5% | - |
| MZGIN COMPANY Brussels | €24,882 | -€45,531 | -219.1% | - |
These companies have the same main activity as Queenz: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €22,100 and €25,400, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 25-10-2022Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.337.373.5647380 Quiévrain, since 25-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- Gross margin
- -€1,869
- Loss
- €4,952
- Equity
- -€12,584▼ 64.9%
- Total assets
- €23,401▲ 34.4%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Queenz
Queenz files the micro format. That format states no turnover. The gross margin rose from -€12,210 in 2023 to -€1,869 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadlineGross margin
-€1,869
▼ €5,085
Operating result
-€4,966
▼ €5,587
Loss
-€4,952
▼ €5,527
Working capital
-€15,476
▼ €3,960
Solvency
-53.8%
▼ 10.0 percentage points
Current ratio
0.57
▲ 0.03
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €23,401 on 31-12-2025What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Position in the sector
Solvency-53.8%
Higher than 14% of 17,096 companies in 2025.
Current ratio0.57
Higher than 27% of 16,522 companies in 2025.
Return on assets-21.2%
Higher than 15% of 16,605 companies in 2025.
Queenz
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
Total assets20/58 |
23,401 | 17,417 | 10,337 | |
Fixed assets21/28 |
2,892 | 3,885 | 4,877 | |
Tangible fixed assets22/27 |
2,892 | 3,885 | 4,877 | |
Plant, machinery and equipment23 |
1,623 | 2,434 | 3,245 | |
Furniture and vehicles24 |
1,269 | 1,451 | 1,632 | |
Current assets29/58 |
20,509 | 13,532 | 5,460 | |
Amounts receivable within one year40/41 |
694 | 282 | 749 | |
Other amounts receivable41 |
694 | 282 | 749 | |
Cash at bank and in hand54/58 |
19,815 | 13,250 | 4,711 | |
| Balance sheet: equity and liabilities | ||||
Total equity and liabilities10/49 |
23,401 | 17,417 | 10,337 | |
Equity10/15 |
-12,584 | -7,632 | 6,793 | |
Contributions10/11 |
5,000 | 5,000 | 20,000 | |
Profit (loss) carried forward14 |
-17,584 | -12,632 | -13,207 | |
Amounts payable17/49 |
35,985 | 25,049 | 3,544 | |
Amounts payable within one year42/48 |
35,985 | 25,049 | 3,544 | |
Trade debts44 |
261 | 0 | 1,345 | |
Suppliers440/4 |
261 | 0 | 1,345 | |
Taxes, remuneration and social security45 |
1,005 | 690 | - | |
Taxes450/3 |
1,005 | 690 | - | |
Other amounts payable47/48 |
34,719 | 24,359 | 2,199 | |
| Income statement | ||||
Gross operating margin9900 |
-1,869 | 3,216 | -12,210 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
993 | 993 | 993 | |
Other operating charges640/8 |
2,104 | 1,602 | - | |
Operating profit (loss)9901 |
-4,966 | 621 | -13,203 | |
Financial income75/76B |
56 | - | - | |
Recurring financial income75 |
56 | - | - | |
Financial charges65/66B |
42 | 46 | 4 | |
Recurring financial charges65 |
42 | 46 | 4 | |
Profit (loss) for the period before taxes9903 |
-4,952 | 575 | -13,207 | |
Profit (loss) for the period9904 |
-4,952 | 575 | -13,207 | |
Profit (loss) for the period to be appropriated9905 |
-4,952 | 575 | -13,207 | |
| Appropriation of the result | ||||
Profit (loss) to be appropriated9906 |
-17,584 | -12,632 | -13,207 | |
Profit (loss) brought forward from the previous period14P |
-12,632 | -13,207 | - | |
| Document | ||||
The notes to these accounts have 13 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 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| EBITDA | -3,973 | 1,614 | -12,210 | |
| Cash flow | -3,960 | 1,567 | -12,214 | |
| Investment in fixed assets | 0 | 0 | 5,870 | |
| Change in cash | 6,565 | 8,539 | - | |
| Working capital | -15,476 | -11,517 | 1,916 | |
| Solvency | -53.8% | -43.8% | 65.7% | |
| Current ratio | 0.57 | 0.54 | 1.54 | |
| Debt to equity | - | - | 0.52 | |
| ROE | - | - | -194.4% | |
| ROA | -21.2% | 3.3% | -127.8% | |
| Interest coverage | -94.60 | 34.84 | -2886.54 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €0 | €5,870 |
| Financial fixed assets | €0 | - | - |
| Depreciation and write-downs of the year | €993 | €993 | €993 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Queenz
The operating result for 2025 is a loss of €4,966, after a profit of €621 in 2024.
Equity is negative. Debt (€35,985) exceeds the balance-sheet total (€23,401).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 25-10-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 27-10-2022
Mandates through the years
1 name, the dashed line is todayGheysen,Vanessa Denise
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Gheysen,Vanessa Denise
- Director (not named in the articles), from 25-10-2022 to date
Control
Founder
Gheysen,Vanessa Denise
This company
Queenz
Equity -€12,584
Loss €4,952 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- -€126 in 2025
- Source
- deed of 27-10-2022
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-10-2022 (in French)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 directordeed of 27-10-2022 (in French)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 27-10-2022 (in French)
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditordeed of 27-10-2022 (in French)
Shareholders
At incorporation
deed of 27-10-2022 ↗
- Gheysen,Vanessa Denise 100 shares (100%)
Network & group
No group
Queenz has no parent and no holdings in its annual accounts. Gheysen,Vanessa Denise is the only director. Queenz shares no director with another company.
At the same address
Rue des Wagnons 2, 7380 Quiévrain · 1 other company| Havez, Isabelle (sole trader)
establishment since 10-07-2001 |
founded in 2001 0664.434.954 |
Timeline
Timeline
7 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0792827817
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Back to profit net €575 The net result is €575, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 34 days before the deadline
2022
IncorporationFounding capital of €5,000, 100 shares · Founder: Gheysen, Vanessa Denise · Appointment: Gheysen, Vanessa Denise (director) · published on 27-10-20226 points ▸
- Registered office clause, 7380Quievrain, ruedesWagnons2
- Board rule, 1
- Director appointment, Gheysen, Vanessa Denise (director (not named in the articles))
- Founder, Gheysen, Vanessa Denise
- Founding capital, €5,000, 100 shares
- Registered office clause, rue des Wagnons 2, 7380 Quievrain
- The deed holds 5 more points.
First establishment Rue des Wagnons 2, Quiévrain
Financial milestones sit on the financial year-end date, not the filing date.
A deed published in both Dutch and French appears here once.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0792.827.817
- VAT number
- BE 0792.827.817
- Peppol ID
- 0208:0792827817
- Other Peppol ID
- 9925:BE0792827817
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-10-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 27-10-2022 (in French)
- Peppol
- Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Queenz in French
- Name
- Queenz in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-10-2022 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Rue des Wagnons 2, 7380 Quievrain”deed of 27-10-2022 (in French)
Activities
NACEBEL 202556111
Full-service restaurants main activity
Codes under NACEBEL 2008
56101
Full-service restaurants main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La restauration en général et le secteur Horeca,l’organisation de banquets et réceptions,le service traiteur,y compris l’organisation,la…”deed of 27-10-2022 (in French)
3 activities
- La restauration en général et le secteur Horeca,l’organisation de banquets et réceptions,le service traiteur,y compris l’organisation,la gestion et l’exploitation de restaurants,salons de thé,sandwicheries,snack-bars,bars,cafétérias,débits de boissons,ainsi que toutes opérations de tourisme,d’hôtellerie,de divertissements et de loisirs ;
- Des workshops maquillage ;
- Des workshops et présentations podium.
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Rue des Wagnons 2 registered office 7380 Quiévrain 5611105 Full-service restaurants | 25-10-2022 | 2.337.373.564 | Bar |
Buildings and parcels at the address
- Ground area
- 113 m²
- Buildings
- 58 m²
- Volume, LiDAR
- 546 m³
- Tallest building
- 11.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 53068A1266/00K000 | 113 m² | 1 · 58 m² | 11.1 m · 3 |
Recognitions
Food safety, FASFC
1 siteQuiévrainunit number 2.337.373.564