Equity
€15,869 from €99,207 in 2008
Equity fell by 84% in 17 years.
RESTAURO
Lifetime
19 annual accounts with figures on one time axis, 31 filings since 1995peak €11,907 (2007)
-€3,260▼ €2,984
lowest -€19,862 (2024)
-€8,473▲ €11,389
peak €99,207 (2008)
€15,869▼ 34.8%
€8,036▼ 38.4%
Board1 name since 1994
1 directorDE CLERCQ LODEWIJK
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from -€276 to -€3,260Loss of €8,473Equity from €24,342 to €15,869Debts from €13,037 to €8,036
Key points
from the 2025 annual accountsLosses
-€38,604 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Position in the sector
-€8,473
Lower net result than 86% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Turnover not published (micro format)
Checked score
68
Healthy
Financially stronger than 31% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.9%▲ +0.1 percentage points vs 01-2025
03-2025: 0.8%▼ -0.1 percentage points vs 02-2025
04-2025: 1.0%▲ +0.2 percentage points vs 03-2025
05-2025: 0.9%▼ -0.1 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 1.0%▲ +0.1 percentage points vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.2 percentage points vs 03-2026
05-2026: 1.7%▲ +0.5 percentage points vs 04-2026highest value
06-2026: 0.7%▼ -1.0 percentage point vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Loss of €8,473, the second in a row (financial year 2025)
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 1994
Size: total assets €23,905
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 43, micro). It does better than 72% of them on solvency, 37% on liquidity, 4% on profitability and 12% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 5,831 companies had the same profile as RESTAURO has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RESTAURO itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 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 5,831 companies, not a prediction for RESTAURO. 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
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.48 (2.25 in 2024), above the usual 1.5. Short-term debt is 33.6% and cash 8.7% of total assets. 33.6% of the assets are financed with debt and provisions.
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€8,473
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 day early
2023
on the day
2022
44 days early
2021
1 day early
2020
6 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453886853
First establishment
Studiebureau L. De Clercq, Brederodestraat 84, Antwerp
Incorporation
published on 21-12-1994 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RESTAURO Antwerp | €23,905 | -€3,260 | 66.4% | - |
| DE AFSLUITER Schilde | €24,051 | -€5,922 | -470.8% | - |
| RO & GO Heusden-Zolder | €26,143 | -€7,559 | -16.0% | - |
| MY HOUSE Dison | €25,113 | -€2,349 | 84.6% | - |
| Algemene Bouwonderneming Marcan As | €28,805 | -€1,639 | 44.9% | - |
| CARRON GEERT Roeselare | €29,824 | -€4,188 | 89.5% | - |
| SOGENCO Charleroi | €28,088 | -€8,068 | 30.3% | - |
These companies have the same main activity as RESTAURO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €24,100 and €29,800, founded between 1988 and 2001.
Official details
Source: KBO- Status
- Active since 28-11-1994Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.069.962.6772018 Antwerp, since 20-01-1995
- Financial year end
- 30 September
- Peppol
- Reachable since 23-01-2026
Annual accounts to 30-09-2025
- €23,905▼ 36.0%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on RESTAURO
RESTAURO files the micro format. That format states no turnover. The gross margin fell from €11,907 in 2007 to -€3,260 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RESTAURO
- What is the company number of RESTAURO?
- The company number of RESTAURO is 0453.886.853. The VAT number is the same number with BE in front: BE 0453.886.853.
- Where is RESTAURO based?
- The registered office is at Brederodestraat 84, 2018 Antwerp.Company details
- What does RESTAURO do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of RESTAURO?
- RESTAURO is a private limited company (pre-2019) (BVBA).
- When was RESTAURO founded?
- RESTAURO was founded on 28-11-1994.
- Is RESTAURO still active?
- Yes, RESTAURO is an active enterprise in the KBO register.
- What is the turnover of RESTAURO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is RESTAURO profitable?
- In financial year 2025, RESTAURO made a loss of €8,473.
- Where can I find the annual accounts of RESTAURO?
- RESTAURO filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RESTAURO due?
- RESTAURO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.