Liquidity
8.93 was 4.85 in 2024
Short-term debts fell from €14,401 to €8,208.
RESTOVER
Lifetime
19 annual accounts with figures on one time axis, 31 filings since 1995peak €65,556 (2013)
€26,786▲ 10.0%
lowest -€6,925 (2021)
€6,090▲ 117%
peak €121,257 (2025)
€121,257▲ 5.3%
€9,050▼ 43.4%
peak 2 FTE (2007)
-not published
Board2 names since 1993
2 directorsKoen Verhulst and 1 other
Documentsfilings and deeds
16-11-202516 days late
2025micro format
Result from €2,804 to €6,090Debts from €15,984 to €9,050
Key points
from the 2025 annual accountsFilings
31 annual accounts 10 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
93.1%
Higher solvency than 95% of companies in food and beverage service. Sector median 29.5% · 17,158 companies.
Checked score
93
Excellent
Financially stronger than 75% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025highest value
12-2025: 0.1%▼ -0.1 percentage points vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.2%▲ +0.1 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 8.93, cash €55,430
Equity €121,257 (93.1% of total assets)
Founded in 1993
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, micro). It does better than 94% of them on solvency, 99% on liquidity, 57% on profitability and 50% 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 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 17,041 companies had the same profile as RESTOVER has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RESTOVER itself: 0.2% 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 17,041 companies, not a prediction for RESTOVER. 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 €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.93 (4.85 in 2024), above the usual 1.5. Short-term debt is 6.3% and cash 42.5% of total assets. 6.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 16 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-11-2025, 16 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 filingsDeviation from the deadline
2026
not filed
2025
16 days late
2024
29 days late
2023
30 days late
2022
28 days late
2021
4 days early
2020
16 days late
← 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 19 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)
Recent changes
Changes of role: Koen Verhulst (statutory director) and Sandra Plumb (statutory director)
Director discharge: Koen Verhulst · Director discharge: Sandra Plumb · Gazette deed
First establishment
DE DOBBEL ROSE, Tweede Aardstraat 12, Harelbeke
Incorporation
published on 19-11-1993 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as RESTOVER: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €113,000 and €142,000, founded between 1990 and 1998.
Official details
Source: KBO- Status
- Active since 08-11-1993Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Establishment unit
- 2.064.433.1828531 Harelbeke, since 26-11-1993
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2025
- ≈ €130,000estimated
- €130,307▼ 0.6%
- Employeeson 31-03-2025
- 0
- Filing
- Filed on 16-11-2025
Insights on RESTOVER
RESTOVER files the micro format. That format states no turnover. The gross margin fell from €49,847 in 2007 to €26,786 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 RESTOVER
- What is the company number of RESTOVER?
- The company number of RESTOVER is 0451.158.579. The VAT number is the same number with BE in front: BE 0451.158.579.
- Where is RESTOVER based?
- The registered office is at Tweede Aardstraat 12, 8531 Harelbeke.Company details
- What does RESTOVER do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of RESTOVER?
- RESTOVER is a private limited company (BV).
- When was RESTOVER founded?
- RESTOVER was founded on 08-11-1993.
- Is RESTOVER still active?
- Yes, RESTOVER is an active enterprise in the KBO register.
- How many employees does RESTOVER have?
- RESTOVER had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of RESTOVER?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €26,786 and 60 comparable companies (NACE 56111). It probably lies between €100,000 and €180,000.
- Is RESTOVER profitable?
- In financial year 2025, RESTOVER made a profit of €6,090.
- Where can I find the annual accounts of RESTOVER?
- RESTOVER filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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