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RESTO-SMEYERS

Active
Private limited company (pre-2019)founded 2006active for 20 yearsWijngaardstraat 28, 8000 Brugge, BelgiumKBO/BCE: BE 0882.375.940

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of RESTO-SMEYERS is 6.2% (elevated). The 2024 annual accounts show equity of €308,340 and a net result of -€128,745. Equity has been stable since 2018 (±1.8% per year). Its solvency ranks better than 64% of 2,936 sector peers (NACE 56, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 07-07-2006 Normal situation
Activity
Full-service restaurants NACE 56111
Establishment units
3 establishment units
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Board

Financial position

35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.2%
Annual accounts 2024
Gross margin
€859,902
▼ 5.4%
Turnover
≈ €2.0m
estimated
Loss
€128,745
▲ 217%
Equity
€308,340
▼ 29.5%
Total assets
€691,388
▼ 16.5%
Staff
19 FTE
=
2025 accounts not filed, 93 days past the deadline
Filed on 04-03-2026PDF
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 216 days late; 2 of the last 3 accounts lateSize: 19 FTE, total assets €691,388Loss of €128,745, the second in a row (financial year 2024)lowers riskFounded in 2006Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 29% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2023
Weak
Solvency 70-8
equity 44.6% of total assets
Liquidity 34-12
short-term debt 55.4% · cash 10.0%
Profitability 0-29
return on assets -18.6%
Bankruptcy probability within 12 months
6.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,615 companies, NACE 56, small)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.4%▼ -0.1 percentage points vs 12-2024 02-2025: 1.5%▲ +0.1 percentage points vs 01-2025 03-2025: 1.4%▼ -0.1 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.5 percentage points vs 07-2025 09-2025: 2.2%▲ +0.2 percentage points vs 08-2025 10-2025: 2.7%▲ +0.5 percentage points vs 09-2025 11-2025: 2.9%▲ +0.2 percentage points vs 10-2025 12-2025: 3.4%▲ +0.5 percentage points vs 11-2025 01-2026: 5.7%▲ +2.3 percentage points vs 12-2025 02-2026: 5.6%▼ -0.1 percentage points vs 01-2026 03-2026: 5.6%● unchanged vs 02-2026 04-2026: 5.9%▲ +0.3 percentage points vs 03-2026 05-2026: 5.7%▼ -0.2 percentage points vs 04-2026 06-2026: 5.4%▼ -0.3 percentage points vs 05-2026 07-2026: 5.4%● unchanged vs 06-2026 08-2026: 6.4%▲ +1.0 percentage point vs 07-2026highest value 09-2026: 6.0%▼ -0.4 percentage points vs 08-2026 10-2026: 6.2%▲ +0.2 percentage points vs 09-2026
Credit of up to €10,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.93 (1.61 in 2023), below 1. Short-term debt is 55.4% and cash 10% of total assets. 55.4% of the assets are financed with debt and provisions.
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 56, small). It does better than 71% of them on solvency, 25% on liquidity, 4% on profitability and 18% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 216 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 19 FTE, total assets €691,388
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €128,745, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€128,745
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 216 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-03-2026, 216 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
216 days late
2023
30 days late
2022
67 days late
2021
78 days late
2020
109 days late
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 73 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2024from -€40,609 to -€128,745 ▼ 217% View
  • Caution: Lower net result than 95% of companies in food and beverage servicesector median €25,168 · 2,931 companies -€128,745 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€128,745 View

Comparable companies

These companies have the same main activity as RESTO-SMEYERS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €624,000 and €752,000, founded between 1999 and 2010.

CompanyTotal assetsGross margin
RESTO-SMEYERS Brugge€0.7m€0.9m
ELAURE Kortrijk€0.8m€1.1m
MARKTKAFFEE Ieper€0.7m€1.2m
ALAN Knokke-Heist€0.6m€1.2m
LA VITA E BELLA ! Binche€0.7m€1.1m
BAVAC Gent€0.7m€0.9m
CASA PACO Ans€0.7m€0.7m
Full comparison

Documents

Annual accounts at the NBB

All 18 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about RESTO-SMEYERS

What is the company number of RESTO-SMEYERS?
The company number of RESTO-SMEYERS is 0882.375.940. The VAT number is the same number with BE in front: BE 0882.375.940.
Where is RESTO-SMEYERS based?
The registered office is at Wijngaardstraat 28, 8000 Brugge.Company details
What does RESTO-SMEYERS do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of RESTO-SMEYERS?
The legal form of RESTO-SMEYERS is Private limited company (pre-2019) (BVBA).
When was RESTO-SMEYERS founded?
RESTO-SMEYERS was founded on 07-07-2006.
Is RESTO-SMEYERS still active?
Yes, RESTO-SMEYERS is an active enterprise in the KBO register.
How many employees does RESTO-SMEYERS have?
RESTO-SMEYERS had an average of 19 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of RESTO-SMEYERS?
The turnover in financial year 2024 is ≈ €2.0m. This figure is estimated from the gross margin of €859,902 and 44 comparable companies (NACE 56111). It probably lies between €1.9m and €2.8m.
Is RESTO-SMEYERS profitable?
In financial year 2024, RESTO-SMEYERS made a loss of €128,745.
Where can I find the annual accounts of RESTO-SMEYERS?
RESTO-SMEYERS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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