Rest
ActiveSummary
The computed 12-month bankruptcy probability of Rest is 2.8% (moderate). The 2025 annual accounts show negative equity (-€20,992) and a net result of -€50,992. Its solvency ranks better than 15% of 22,773 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-09-2024 Normal situation
- Activity
- Retail sale of other second-hand goods, excluding clothing NACE 47793and 3 others
- Establishment unit
- 2.365.455.856 2640 Mortsel, since 27-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 20-05-2025
Board and ownership
- GRYSEELS MiraManaging director
- WILLEMSE AnDirector
- Steging MelissaDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.8%
- Gross margin
- -€44,814
- Loss
- €50,992
- Equity
- -€20,992
- Total assets
- €74,457
- Negative equity on 31-12-2025
- 2025 accounts filed 5 days after the deadline
Score breakdownraises riskNegative equity -€20,992Loss of €50,992 (financial year 2025)Founded in 2024lowers riskLiquidity: current ratio 0.60, cash €28,713Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 6% of them on solvency, 48% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 5 days after the deadline Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00382351.
Annual accounts 2025 filed on 05-08-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €16,098 |
| Financial fixed assets | €5,300 |
| Depreciation and write-downs of the year | €4,346 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€50,992 |
| + Depreciation and write-downs630 | €4,346 |
| Operating cash flow (approximation) | -€46,646 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as Rest has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Rest itself: 2.8% 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 Rest. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 05-08-2026 | 2026-00382351 |
Board & ownership
Directors
Board 3
Day-to-day management 1
Owners and capital
Shareholders
- GRYSEELS Mira 5 shares (41.7%) · €12,500
- STETING Melissa Margaretha Diana Angelique 1 share (8.3%) · €2,500
- WILLEMSE An 1 share (8.3%) · €2,500
- Gryseels Bruno Maria Augusta Jan 2 shares (16.7%) · €5,000
- DE BRUYN Kristina Alfonsina Maria 1 share (8.3%) · €2,500
- LAFOND Evelyn 1 share (8.3%) · €2,500
- WILLEMSE Jeroen 1 share (8.3%) · €2,500
Capital transactions
- 01-10-2024 Incorporation · €30,000 · 12 shares
Mandate history
- Board
- Day-to-day management
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| GRYSEELS Mira |
|
| WILLEMSE An |
|
| Steging Melissa |
|
| STETING Melissa Margaretha Diana Angelique |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Een bestuurder mag per brief of elektronisch aan een andere bestuurder opdracht geven hem op de vergadering te vervangen en in zijn plaats…”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Bestuursorgaan, A-coöperanten met unanimiteit”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “A, unanimiteit”
Articles of association, deed of 01-10-2024 (in Dutch)
Network & group
Rest shares no director with another company.
Connections & network
3 current directorsThe network starts from the directors of Rest. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
01-10
Gazette deed
IncorporationStarting capital €30,000 · Appointments: GRYSEELS Mira, STETING Melissa Margaretha Diana Angelique and WILLEMSE An · Founder · Shareholding19 points ▸
- Incorporation, 26-09-2024
- Founder, GRYSEELS Mira
- Founder, STETING Melissa Margaretha Diana Angelique
- Founder, WILLEMSE An
- GRYSEELS Mira holds 5 shares
- WILLEMSE An holds 1 share
- STETING Melissa Margaretha Diana Angelique holds 1 share
- Board rule, “onbepaalde duur”, 3 (deed in Dutch)
- Director appointment, GRYSEELS Mira (director (not named in the articles))
- Director appointment, STETING Melissa Margaretha Diana Angelique (director (not named in the articles))
- Director appointment, WILLEMSE An (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen, verplichtingen en activiteiten ondernomen in naam en voor rekening van de vennootschap in oprichting” (deed in Dutch)
- The act holds 7 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
7 activities
- De uitbating van een kringloopwinkel met vooral creatief materiaal
- Het geven van workshops, vormingen en de organisatie van alle mogelijke recreatieve activiteiten in het kader van hergebruik van vooral creatief materiaal
- Het creëren van een ontmoetingsplek en co-creatieve ruimte in verband met circulaire economie en hergebruik voor particulieren en organisaties van vooral creatief materiaal
- Het verhuren van ruimtes voor workshops, tentoonstellingen, pop-ups, lezingen en recreatieve activiteiten in het kader van circulaire economie en hergebruik van vooral creatief materiaal
- Het bieden van een platform aan lokale, circulaire vernieuwers
- Het uitvoeren van lichte horeca-activiteiten
- Het maximaal creëren van kansen op een zinvolle tijdsbesteding of (betaalde) arbeid voor mensen die moeilijk zelf de weg naar het reguliere arbeidscircuit vinden
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Licences in the Official Gazette
1 publicationSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11513C0282/00K004 | Flanders | 187 m² | 1 · 88 m² | 14.8 m · 4 |