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RESTOMAX

Active
Private limited companyfounded 1998active for 28 yearsArnaud Fraiteurlaan 15-23, 1050 Elsene, Belgium227 active companies are registered at this addressKBO/BCE: BE 0463.564.483
Summary

The computed 12-month bankruptcy probability of RESTOMAX is 2.8% (moderate). The 2024 annual accounts show negative equity (-€202,277) and a net result of -€1.4m. Equity is growing by about 2.5% per year across the filed financial years. Its solvency ranks better than 10% of 1,539 sector peers (NACE 62, financial year 2024). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Computer programming
NACE 62100
2nd fastest staff growth in Elsene, Telecoms and IT sector2 sites
Size
€3.1mtotal assets 2024
Staff
30 FTE
Equity
-€202,277
Loss
-€1.4m
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.8%
Structure
Parent
ADVENSYS · 100%
Holdings
1
Accounts 73 days overdue0 of 10 deeds read
Why 49raises riskLoss of €1.4m (financial year 2024)Size: 30 FTE, total assets €3.1mlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Figures for financial year 2024 (filed 04-09-2025)Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 62, small)
Financial strength · tick = 2023
Weak
Solvency 18-41
equity -6.6% of total assets
Liquidity 40-5
short-term debt 48.9% · cash 11.2%
Profitability 0-73
return on assets -46.6%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,160 companies, NACE 62, small)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025 09-2025: 1.1%▲ +0.1 percentage points vs 08-2025 10-2025: 3.6%▲ +2.5 percentage points vs 09-2025 11-2025: 3.6%● unchanged vs 10-2025 12-2025: 3.6%● unchanged vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 3.7%▲ +0.1 percentage points vs 01-2026 03-2026: 4.0%▲ +0.3 percentage points vs 02-2026 04-2026: 4.1%▲ +0.1 percentage points vs 03-2026 05-2026: 4.0%▼ -0.1 percentage points vs 04-2026 06-2026: 4.1%▲ +0.1 percentage points vs 05-2026 07-2026: 4.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 4.0%▼ -0.2 percentage points vs 07-2026 09-2026: 3.7%▼ -0.3 percentage points vs 08-2026 10-2026: 2.8%▼ -0.9 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.98, compared with 1.74 in 2023; short-term debt: 48.9% and cash: 11.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, small): better than 7% on solvency, 38% on liquidity, 4% on profitability and 3% on growth.

The bankruptcy probability was computed on 11-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Loss of €1.4m (financial year 2024)
NBB · annual accounts
lowers risk · Figures for financial year 2024 (filed 04-09-2025)
NBB · annual accounts
raises risk · Size: 30 FTE, total assets €3.1m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
19202122222324
2019 to 2024 · latest year -€202,277
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, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 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.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
58 days late
2022
324 days late
2022
1 day early
2021
41 days early
2020
38 days early
← 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 55 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Weakest financial yearnet -€1.4m
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€202,277 View
  • Caution: From profit to loss in 2024after €118,493 in 2023 -€1.4m View
  • Caution: Among the weakest 5% on net resultsector median €33,298 · 1,543 companies -€1.4m View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Controlled by ADVENSYSultimately: AD-VENTURE 100% View

By topic

Financials

Financial year
2024
Total assets
€3.1m
Loss
-€1.4m
Solvency
-6.6%
Total assets▼ 16.6%
Net result
20192024
Go to Financials

Timeline

Events
29
Since
2000
  1. 19-06-2024Annual accounts filed
  2. 30-01-2023Annual accounts filed
  3. 30-06-2022Back to profit
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Computer programmingNACE 62100
Founded
15-06-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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