REPAS NORMAL
ActiveSummary
REPAS NORMAL has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112,429 and a net result of -€13,925. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 49% of 4,754 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Staff
- 5.9 FTE
- Equity
- €112,429
- Loss
- -€13,925
Why 67raises riskSector: Food and beverage service activities (NACE 56)Size: 5.9 FTE, total assets €391,324lowers riskFounded in 2007Figures for financial year 2025 (filed 17-07-2026)Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 49% on solvency, 26% on liquidity, 24% on profitability and 30% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Back to profitnet €30,004
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 100% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 2,166 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.2% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,166 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €819 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €173,003 | €248,888 | €312,719 | €334,234 | €315,999 | ▼ 5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,886 | €24,760 | €20,409 | €18,720 | €18,720 | €7,973 | €3,603 | €5,822 | ▲ 61.6% |
| Other operating charges640/8 | - | - | - | €1,796 | €2,349 | €2,258 | €2,580 | €1,985 | ▼ 23.1% |
| Gross operating margin9900 | €302,956 | €272,385 | €135,340 | €283,465 | €383,173 | €289,501 | €383,177 | €323,839 | ▼ 15.5% |
| Operating profit (loss)9901 | €35,009 | -€21,878 | -€57,669 | €89,947 | €113,216 | -€33,449 | €42,760 | €34 | ▼ 99.9% |
| Financial income75/76B | - | - | - | €577 | €11 | €198 | €230 | €364 | ▲ 58.0% |
| Recurring financial income75 | €1,139 | €248 | €1,147 | €577 | €11 | €198 | €230 | €364 | ▲ 58.0% |
| Financial charges65/66B | - | - | - | €2,960 | €5,640 | €9,992 | €7,480 | €14,106 | ▲ 88.6% |
| Recurring financial charges65 | €8,068 | €3,975 | €2,803 | €2,960 | €5,640 | €9,992 | €7,480 | €14,106 | ▲ 88.6% |
| Profit (loss) for the period before taxes9903 | €28,080 | -€25,606 | -€59,325 | €87,564 | €107,586 | -€43,243 | €35,511 | -€13,709 | - |
| Income taxes67/77 | €9,685 | €284 | €1,245 | €83 | €19,080 | €365 | €5,508 | €216 | ▼ 96.1% |
| Profit (loss) for the period9904 | €18,395 | -€25,890 | -€60,571 | €87,481 | €88,506 | -€43,608 | €30,004 | -€13,925 | - |
| Profit (loss) for the period to be appropriated9905 | €18,395 | -€25,890 | -€60,571 | €87,481 | €88,506 | -€43,608 | €30,004 | -€13,925 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €349,853 | €353,673 | €231,820 | €333,118 | €458,126 | €343,645 | €359,092 | €391,324 | ▲ 9.0% |
| Fixed assets21/28 | €76,146 | €58,791 | €45,154 | €26,434 | €7,714 | €9,433 | €11,742 | €46,961 | ▲ 300% |
| Intangible fixed assets21 | €36,000 | €27,000 | €18,000 | €9,000 | - | - | - | - | - |
| Tangible fixed assets22/27 | €40,146 | €31,791 | €27,154 | €17,434 | €7,714 | €9,433 | €11,742 | €46,961 | ▲ 300% |
| Plant, machinery and equipment23 | - | - | - | €11,736 | €5,743 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €5,698 | €1,971 | €9,433 | €11,742 | €46,961 | ▲ 300% |
| Current assets29/58 | €273,707 | €294,882 | €186,666 | €306,685 | €450,412 | €334,212 | €347,350 | €344,364 | ▼ 0.9% |
| Stocks and contracts in progress3 | €7,758 | €8,010 | €6,624 | €7,858 | €2,097 | €6,001 | €5,452 | €8,660 | ▲ 58.8% |
| Stocks30/36 | - | - | - | €7,858 | €2,097 | €6,001 | €5,452 | €8,660 | ▲ 58.8% |
| Amounts receivable within one year40/41 | €204,457 | €207,855 | €103,650 | €184,800 | €242,608 | €202,338 | €230,701 | €278,301 | ▲ 20.6% |
| Trade receivables40 | - | - | - | €118,645 | €207,432 | €101,231 | €124,138 | €183,614 | ▲ 47.9% |
| Other amounts receivable41 | - | - | - | €66,155 | €35,176 | €101,107 | €106,563 | €94,686 | ▼ 11.1% |
| Current investments50/53 | - | €2,246 | €50,246 | - | - | €30,139 | €8,299 | €4,360 | ▼ 47.5% |
| Cash at bank and in hand54/58 | €58,437 | €73,007 | €26,146 | €114,027 | €205,627 | €94,191 | €98,833 | €49,920 | ▼ 49.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €80 | €1,543 | €4,065 | €3,123 | ▼ 23.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €349,853 | €353,673 | €231,820 | €333,118 | €458,126 | €343,645 | €359,092 | €391,324 | ▲ 9.0% |
| Equity10/15 | €50,432 | €24,542 | -€36,029 | €51,452 | €139,958 | €96,350 | €126,354 | €112,429 | ▼ 11.0% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €8,060 | €8,060 | = |
| Reserves13 | €44,232 | €44,232 | €44,232 | €45,252 | €133,758 | €90,150 | €118,294 | €118,294 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €15,452 | €15,452 | €15,452 | €15,452 | €15,452 | = |
| Distributable reserves133 | - | - | - | €27,940 | €116,446 | €72,838 | €102,841 | €102,841 | = |
| Profit (loss) carried forward14 | - | -€25,890 | -€86,460 | - | - | - | - | -€13,925 | - |
| Amounts payable17/49 | €299,422 | €329,131 | €267,848 | €281,667 | €318,169 | €247,295 | €232,738 | €278,896 | ▲ 19.8% |
| Amounts payable after more than one year17 | €51,248 | €17,667 | €60,390 | €50,461 | €50,000 | €16,667 | - | €23,420 | - |
| Financial debts170/4 | - | - | - | €50,461 | €50,000 | €16,667 | - | €23,420 | - |
| Amounts payable within one year42/48 | €248,174 | €311,463 | €206,125 | €230,392 | €267,638 | €230,628 | €232,738 | €255,476 | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €139,026 | €131,670 | €154,412 | €151,324 | €138,780 | ▼ 8.3% |
| Trade debts44 | €73,409 | €102,200 | €1,755 | €44,167 | €77,370 | €40,622 | €38,414 | €71,783 | ▲ 86.9% |
| Suppliers440/4 | - | - | - | €44,167 | €77,370 | €40,622 | €38,414 | €71,783 | ▲ 86.9% |
| Taxes, remuneration and social security45 | - | - | - | €26,889 | €43,162 | €34,955 | €41,917 | €43,679 | ▲ 4.2% |
| Taxes450/3 | - | - | - | €15,227 | €15,224 | €12,253 | €2,235 | €1,490 | ▼ 33.3% |
| Remuneration and social security454/9 | - | - | - | €11,662 | €27,938 | €22,702 | €39,682 | €42,189 | ▲ 6.3% |
| Other amounts payable47/48 | - | - | - | €20,310 | €15,436 | €640 | €1,082 | €1,235 | ▲ 14.1% |
| Accrued charges and deferred income492/3 | - | - | - | €814 | €530 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,395 | -€25,890 | -€60,571 | €87,481 | €88,506 | -€43,608 | €30,004 | -€13,925 | - |
| + Depreciation and write-downs630 | €32,886 | €24,760 | €20,409 | €18,720 | €18,720 | €7,973 | €3,603 | €5,822 | ▲ 61.6% |
| Operating cash flow (approximation) | €51,281 | -€1,130 | -€40,162 | €106,200 | €107,226 | -€35,634 | €33,606 | -€8,103 | - |
| Investment in fixed assets (approximation) | - | -€7,404 | -€6,772 | €0 | €0 | -€9,692 | -€5,912 | -€41,041 | ▼ 594% |
| Change in cash | - | €14,570 | -€46,861 | €87,882 | €91,600 | -€111,436 | €4,641 | -€48,913 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-07-2026 | 2026-00311949 |
| 31-12-2024 | abbreviated format | 23-07-2025 | 2025-00309583 |
| 31-12-2023 | abbreviated format | 05-07-2024 | 2024-00222634 |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00256547 |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20097007 |
| 31-12-2020 | micro format | 28-06-2021 | 2021-28200231 |
| 31-12-2019 | micro format | 08-09-2020 | 2020-52300574 |
| 31-12-2018 | micro format | 02-08-2019 | 2019-43000527 |
| 31-12-2017 | micro format | 13-07-2018 | 2018-33500568 |
| 31-12-2016 | micro format | 03-08-2017 | 2017-41200575 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Philipsen Jeff |
|
Owners and capital
Owners
1 ownerOwners 1
- Sourceaccounts JP 20253.57%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-01
Gazette deed
Resignation: Philipsen Jeff (manager)Appointment: Philipsen Jeff (director) · Capital conversion · Amendment of the articles10 facts ▸
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, artikel 39, §1, eerste en derde lid, wet van 2019-03-23” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaarstelling voor uitkering, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, Philipsen Jeff (manager)
- Director appointment, Philipsen Jeff (director (not named in the articles))
- Director discharge, Philipsen Jeff
- Registered office clause, “2800 Mechelen,De Regenboog 5M” (deed in Dutch)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12403E0854/00G003 | Flanders | 8,690 m² | 1 · 4,603 m² | 8.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- REPAS NORMAL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Aantal duur opdracht en bij meerdere bevoegdheid, met of zonder beperking van duur” (deed in Dutch)“Vaste of evenredige vergoeding, al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper(s) naar evenredigheid aantal, elke overdracht onder levenden ten bezwarende of kosteloze titel vrijwillig of…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, bestuurder(s) in functie indien geen andere vereffenaar…” (deed in Dutch)