The computed 12-month bankruptcy probability of RESTO ETNA is 4.4% (elevated). For RESTO ETNA, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €14,865 and a net result of €14,897. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 16,305 sector peers (NACE 56, financial year 2022). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2022 (filed 01-09-2023)3 financial years not filed after the legal deadline; last filed accounts filed 29 days late; 2 of the last 3 lateSize: total assets €36,362Two or more financial years not filed2022 accounts filed 29 days latelowers riskLiquidity: current ratio 1.67, cash €28,880Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency66+41
equity 40.9% of total assets
Liquidity69+19
short-term debt 59.1% · cash 79.4%
Profitability100+13
return on assets 41.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
4.4%Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months11-2024: 1.1%lowest value12-2024: 1.7%▲ +0.6 percentage points vs 11-202401-2025: 2.9%▲ +1.2 percentage points vs 12-202402-2025: 2.9%● unchanged vs 01-202503-2025: 3.1%▲ +0.2 percentage points vs 02-202504-2025: 2.7%▼ -0.4 percentage points vs 03-202505-2025: 2.7%● unchanged vs 04-202506-2025: 2.7%● unchanged vs 05-202507-2025: 2.7%● unchanged vs 06-202508-2025: 3.8%▲ +1.1 percentage points vs 07-202509-2025: 3.8%● unchanged vs 08-202510-2025: 4.6%▲ +0.8 percentage points vs 09-202511-2025: 4.6%● unchanged vs 10-202512-2025: 4.6%● unchanged vs 11-202501-2026: 4.6%● unchanged vs 12-202502-2026: 4.6%● unchanged vs 01-202603-2026: 4.6%● unchanged vs 02-2026highest value04-2026: 4.6%● unchanged vs 03-2026highest value05-2026: 4.6%● unchanged vs 04-2026highest value06-2026: 4.6%● unchanged vs 05-2026highest value07-2026: 4.6%● unchanged vs 06-2026highest value08-2026: 4.4%▼ -0.2 percentage points vs 07-202609-2026: 4.4%● unchanged vs 08-202610-2026: 4.4%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2023 year end31-07-2024 deadline01-11-2026 today
raises risk · 2022 accounts filed 29 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 45 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
0816.621.620. In Belgium the VAT number is the company number with BE in front: BE 0816.621.620.
Where is RESTO ETNA based?
The registered office is at Greepstraat 28, 1000 Brussel.Company details
What does RESTO ETNA do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of RESTO ETNA?
Private limited company (pre-2019) (BVBA).
When was RESTO ETNA founded?
On 01-07-2009.
Is RESTO ETNA still active?
Yes, RESTO ETNA is an active enterprise in the KBO register.
How many employees does RESTO ETNA have?
On average 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of RESTO ETNA?
≈ €210,000 in financial year 2022. Estimated from the gross margin of €19,566: probably between €100,000 and €450,000, based on 94 comparable companies, NACE 56111. A rough estimate.
Is RESTO ETNA profitable?
In financial year 2022, RESTO ETNA made a profit of €14,897.
Where can I find the annual accounts of RESTO ETNA?
RESTO ETNA filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2022.Annual accounts 2022 (PDF)