Financials
- Fiscal year
- 2024
- Total assets
- €13,851
- Loss
- -€53,374
- Solvency
- -1356.0%
Total assets▼ 25.2%
Net result
20182024
RESTO EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of RESTO EXPRESS is 6.7% (elevated). The 2024 annual accounts show negative equity (-€187,820) and a net result of -€53,374. Equity is shrinking by ~66.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 18932 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
2 sites
How big
€13,851total assets 2024
- Equity
- -€187,820
- Loss
- -€53,374
Turnover not published (abridged schema)
Who decides
- Board
- 1 member
Accounts 63 d overdue1 of 6 deeds read
Why 33- 1 change of registered office in 24 months- Sector Food and beverage service activities (NACE 56)- 1 financial year not filed after the legal deadline; latest accounts 34 days late; 2 of the last 3 late+ Founded in 2013Show the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 16% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -1356.0% of total assets
Liquidity
35+6
short-term debt 1186.3% · cash 27.6%
Profitability
0=
return on assets -385.3%
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 2.8%lowest value
08-2026: 3.0%▲ +8.3% vs 07-2026
09-2026: 5.9%▲ +93.8% vs 08-2026
10-2026: 6.7%▲ +14.3% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Founded in 2013 lowers the probability for this profile
- Sector Food and beverage service activities (NACE 56) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 34 days late; 2 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.02 against 0.03 in 2023; cash: 27.6% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 29%, profitability 8%, growth against the median 19%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
1821222324
2018 to 2024 · latest year -€187,820
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d late
2023
29 d late
2022
59 d late
2021
190 d late
2018
31 d late
2017
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Resignations: ADNAN Ali (director) and EL…Admission: SINGH Inderjit (partner) ·…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€187,820 View
- Risk: 3 loss-making years in a rowloss fiscal year 2024 -€53,374 View
- Caution: Among the weakest 5% on solvencysector median 29.1% · 18,932 companies -1356.0% View
- Caution: Board changedlatest change 10-08-2026 · 1 in office 1 joined · 2 left View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Network & group
- Connected companies
- 6
Timeline
- Events
- 12
- Since
- 2014
- 10-08-2026Resignations: ADNAN Ali (director) and EL HADDOUTI…
- 03-09-2025Annual accounts filed
- 29-08-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company (pre-2019)
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 29-03-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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