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Rest

Active
Cooperative companyfounded 20242 yrs activePieter Reypenslei 4, 2640 Mortsel, BelgiumKBO/BCE: BE 1014.273.174
Summary

Rest has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€20,992) and a net result of -€50,992. Its solvency ranks better than 15% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6; short-term debt: 127.7% and cash: 38.6% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-28.2%
Return on assets
-68.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
5 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 September 2024, Rest was incorporated as a Cooperative company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€20,992
Total assets
€74,457
Net result
-€50,992
Working capital
-€37,672

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €74,457
Fixed assets €17,053
Current assets €57,405
Key figures and ratios
2025 value
EBITDA
-€45,175
Cash flow
-€46,646
Solvency
-28.2%
Current ratio
0.60
Quick ratio
0.31
Debt to equity
-4.55
ROA
-68.5%
Interest coverage
-28.97
Debt
€95,449
Debt ≤ 1 year
€95,076

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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% 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 7,638 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€74,457
Fixed assets21/28€17,053
Tangible fixed assets22/27€11,753
Plant, machinery and equipment23€434
Furniture and vehicles24€3,987
Other tangible fixed assets26€7,332
Financial fixed assets28€5,300
Current assets29/58€57,405
Stocks and contracts in progress3€27,758
Stocks30/36€27,758
Amounts receivable within one year40/41€884
Trade receivables40€884
Cash at bank and in hand54/58€28,713
Deferred charges and accrued income490/1€50
Equity and liabilities
Total equity and liabilities10/49€74,457
Equity10/15-€20,992
Contributions10/11€30,000
Profit (loss) carried forward14-€50,992
Amounts payable17/49€95,449
Amounts payable within one year42/48€95,076
Current portion of amounts payable after more than one year42€93,980
Trade debts44€1,096
Suppliers440/4€1,096
Accrued charges and deferred income492/3€373
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,346
Other operating charges640/8€361
Gross operating margin9900-€44,814
Operating profit (loss)9901-€49,521
Financial income75/76B€89
Recurring financial income75€89
Financial charges65/66B€1,560
Recurring financial charges65€1,560
Profit (loss) for the period before taxes9903-€50,992
Profit (loss) for the period9904-€50,992
Profit (loss) for the period to be appropriated9905-€50,992
Appropriation of the result
Profit (loss) to be appropriated9906-€50,992

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,346
Other operating charges640/8€361
Gross operating margin9900-€44,814
Operating profit (loss)9901-€49,521
Financial income75/76B€89
Recurring financial income75€89
Financial charges65/66B€1,560
Recurring financial charges65€1,560
Profit (loss) for the period before taxes9903-€50,992
Profit (loss) for the period9904-€50,992
Profit (loss) for the period to be appropriated9905-€50,992
Line2025
Assets
Total assets20/58€74,457
Fixed assets21/28€17,053
Tangible fixed assets22/27€11,753
Plant, machinery and equipment23€434
Furniture and vehicles24€3,987
Other tangible fixed assets26€7,332
Financial fixed assets28€5,300
Current assets29/58€57,405
Stocks and contracts in progress3€27,758
Stocks30/36€27,758
Amounts receivable within one year40/41€884
Trade receivables40€884
Cash at bank and in hand54/58€28,713
Deferred charges and accrued income490/1€50
Equity and liabilities
Total equity and liabilities10/49€74,457
Equity10/15-€20,992
Contributions10/11€30,000
Profit (loss) carried forward14-€50,992
Amounts payable17/49€95,449
Amounts payable within one year42/48€95,076
Current portion of amounts payable after more than one year42€93,980
Trade debts44€1,096
Suppliers440/4€1,096
Accrued charges and deferred income492/3€373
Line2025
Profit (loss) for the period9904-€50,992
+ Depreciation and write-downs630€4,346
Operating cash flow (approximation)-€46,646

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
05-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mortsel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
187 m²
Building footprint
88 m²
Volume, LiDAR
922 m³
Parcel 11513C0282/00K004, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rest
Pieter Reypenslei 4, 2640 MortselRetail trade
since 20242.365.455.856
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11513C0282/00K004 Flanders 187 m² 1 · 88 m² 14.8 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 911 companies in sector 47793 we hold annual accounts for 162. See the whole sector

Identification & contact

Identification
Legal formCooperative company
Founded27-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47793Retail sale of other second-hand goods, excluding clothing
47690Retail sale of other cultural and recreation goods
85599Other education
90312Arts creation and performing arts activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014273174
Also 9925:BE1014273174
Registered 20-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.