Equity
Equity fell by 75% in 1 year.
Equity fell by 75% in 1 year.
The micro format states no turnover.
Of this, €140,444 falls due within a year.
Short-term debts rose from €37,105 to €140,444.
The 2021 accounts came latest: 66 days after the end of the period.
Higher net result than 84% of companies in food and beverage service. Sector median €4,675 · 18,476 companies.
In July 2024, 6,715 companies had the same profile as RAMASO has now. Each dot stands for 17 companies, two years later.
Another 0.1% 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 6,715 companies, not a prediction for RAMASO. 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 | ||||
|---|---|---|---|---|
| RAMASO Woluwe-Saint-Lambert | €163,436 | €98,753 | 12.5% | - |
| AI SHANG Woluwe-Saint-Lambert | €194,396 | €97,527 | 42.7% | - |
| ENEB Woluwe-Saint-Lambert | €182,960 | €119,399 | 83.6% | - |
| TOPOGIGIO Brussels | €152,491 | €112,879 | 27.0% | - |
| CARE LOUNGE Bree | €171,449 | €101,169 | 68.1% | - |
| LA MERE BERTHE Liège | €151,592 | €96,762 | 8.9% | - |
| Salie Tricolor Kortrijk | €177,658 | €105,358 | 72.7% | - |
These companies have the same main activity as RAMASO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €152,000 and €194,000, founded between 2020 and 2021.
RAMASO files the micro format. That format states no turnover. The gross margin rose from €37,982 in 2021 to €98,753 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €320,000. Estimated: probably between €270,000 and €420,000.
Higher than 35% of 18,509 companies in 2025.
Higher than 45% of 17,864 companies in 2025.
Higher than 82% of 17,961 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
163,436 | 120,039 | 78,409 | 84,639 | 73,987 | |
21/28 |
24,796 | 36,341 | 47,278 | 16,124 | 12,621 | |
22/27 |
24,316 | 35,861 | 46,798 | 15,824 | 12,321 | |
23 |
8,390 | 12,446 | 16,503 | 14,028 | 11,347 | |
24 |
15,926 | 23,415 | 30,296 | 1,796 | 974 | |
28 |
480 | 480 | 480 | 300 | 300 | |
29/58 |
138,640 | 83,698 | 31,131 | 68,516 | 61,366 | |
3 |
4,625 | 1,684 | 1,161 | 1,907 | 3,245 | |
30/36 |
4,625 | 1,684 | 1,161 | 1,907 | 3,245 | |
40/41 |
3,152 | 929 | 4,325 | 982 | 4,174 | |
40 |
3,152 | - | 2,666 | - | - | |
41 |
0 | 929 | 1,659 | 982 | 4,174 | |
54/58 |
130,532 | 80,952 | 25,518 | 65,627 | 53,703 | |
490/1 |
332 | 132 | 128 | - | 244 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
163,436 | 120,039 | 78,409 | 84,639 | 73,987 | |
10/15 |
20,382 | 81,952 | 30,618 | 36,858 | 38,768 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
14 |
382 | 61,952 | 10,618 | 16,858 | 18,768 | |
17/49 |
143,054 | 38,087 | 47,791 | 47,782 | 35,219 | |
42/48 |
140,444 | 37,105 | 42,386 | 46,782 | 34,419 | |
44 |
110 | 538 | 8,188 | 729 | 22,661 | |
440/4 |
110 | 538 | 8,188 | 729 | 22,661 | |
45 |
20,124 | 15,172 | 5,993 | 11,199 | 4,951 | |
450/3 |
20,028 | 15,076 | 138 | 4,027 | 4,027 | |
454/9 |
96 | 96 | 5,855 | 7,172 | 924 | |
47/48 |
120,210 | 21,395 | 28,205 | 34,854 | 6,807 | |
492/3 |
2,611 | 982 | 5,405 | 1,000 | 800 | |
| Income statement | ||||||
9900 |
98,753 | 120,276 | 27,511 | 50,434 | 37,982 | |
62 |
- | - | 0 | 31,710 | 9,089 | |
630 |
11,545 | 11,927 | 9,815 | 3,689 | 67 | |
640/8 |
928 | 899 | 1,737 | 348 | 348 | |
9901 |
86,279 | 107,451 | 15,959 | 14,687 | 28,479 | |
75/76B |
190 | 35 | 0 | - | 0 | |
75 |
190 | 35 | 0 | - | 0 | |
65/66B |
36,957 | 38,729 | 22,060 | 16,598 | 5,684 | |
65 |
36,957 | 38,729 | 22,060 | 16,598 | 5,684 | |
9903 |
49,512 | 68,756 | -6,101 | -1,911 | 22,795 | |
67/77 |
13,082 | 17,422 | 138 | - | 4,027 | |
9904 |
36,430 | 51,334 | -6,240 | -1,911 | 18,768 | |
9905 |
36,430 | 51,334 | -6,240 | -1,911 | 18,768 | |
| Appropriation of the result | ||||||
9906 |
98,382 | 61,952 | 10,618 | 16,858 | 18,768 | |
14P |
61,952 | 10,618 | 16,858 | 18,768 | - | |
694/7 |
98,000 | - | - | - | - | |
694 |
98,000 | - | - | - | - | |
| Social balance sheet | ||||||
9087 |
- | - | - | - | 0.5 | |
Hours worked1013 |
- | - | - | - | 394 | |
| Document | ||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 06-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-05-2026 | 2026-00104168 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00201041 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00403064 | |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00113311 | |
| 31-12-2021 | micro format | 05-10-2022 | 2022-20451122 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 97,825 | 119,378 | 25,774 | 18,376 | 28,546 | ||
| 47,975 | 63,262 | 3,575 | 1,778 | 18,835 | ||
| 0 | 1,457 | 40,970 | 7,192 | 12,688 | ||
| 49,579 | 55,435 | -40,110 | 11,924 | - | ||
| -1,804 | 46,593 | -11,255 | 21,734 | 26,947 | ||
| 12.5% | 68.3% | 39.0% | 43.5% | 52.4% | ||
| 0.99 | 2.26 | 0.73 | 1.46 | 1.78 | ||
| 0.95 | 2.21 | 0.71 | 1.42 | 1.69 | ||
| 7.02 | 0.46 | 1.56 | 1.30 | 0.91 | ||
| 178.7% | 62.6% | -20.4% | -5.2% | 48.4% | ||
| 22.3% | 42.8% | -8.0% | -2.3% | 25.4% | ||
| 2.65 | 3.08 | 1.17 | 1.11 | 5.02 |
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 | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| 0.3 | |
| Joined | 3 |
| Left | 2 |
Source: social balance sheet in the 2021 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,457 | €40,790 | €7,192 | €12,388 |
| Financial fixed assets | €0 | - | €180 | - | €300 |
| €11,545 | €11,927 | €9,815 | €3,689 | €67 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 20% lower than in 2024.
Debt's share of the balance-sheet total rises from 31.7% to 87.5%. Equity is lower and debt is higher.
RAMASO has no parent and no holdings in its annual accounts. RAMASO shares no director with another company.
| Biscaia da Costa, Rui (sole trader)
establishment since 02-03-2018 |
founded in 2018 0691.688.093 |
| LA BRASSICOLE
registered office since 16-01-1989 |
founded in 1989 0436.463.178 |
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 |
|---|---|---|---|
| SAN BIAGIO registered office Georges Henrilaan 411, 1200 Woluwe-Saint-Lambert 56112 Limited-service restaurants, excluding mobile food services | 14-01-2021 | 2.312.852.459 | Restaurant |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21673D0143/00Y006 | 98 m² | 1 · 66 m² | 15.9 m · 4 |
If something looks wrong or is missing, please tell us.