Checked.be
Active
BE 0449.778.508Private limited company (pre-2019)
RISREST
Bendeakkers 6 ·2460 Kasterlee, Belgium· 33 yrs active
Sector: Limited-service restaurants, excluding mobile food services
(56112)
Conclusion
RISREST has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €465k and a net result of €203k. Equity is shrinking by ~35.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 53% of 2925 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €465k |
| Net result | €203k |
| Staff (FTE) | 16.3 |
| Better than sector | 53% |
Financial profile
74
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
78
Profitability
100
Solvency
61
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1993, 33 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
78
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€35k
estimate, not credit advice
Score history
93
2021
78
2022
78
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.26 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.24 (≥ 1.0)
+5
Leverage
Debt/equity 1.84 (< 2.0)
+3
Profitability
ROE 44% (≥ 10%)
+10
Interest coverage
Interest coverage 82.0× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-06-2025 with the NBB · fiscal year 2024 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
At this pace, equity would indicatively turn negative around fiscal year 2026, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 56, Food and beverage service activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 35.2% | 32.6% | |
| Net result | €203k | €26k | |
| Equity | €465k | €140k | |
| Gross operating margin | €958k | €395k | |
| Staff costs | €582k | €298k |
€375k
-12.2%
21-24
€203k
-15.2%
21-24
€299k
-11.9%
21-24
€1.32M
-33.8%
21-24
€465k
-37.0%
21-24
€218k
-57.5%
21-24
16
-23.1%
21-24
€582k
-24.2%
21-24
€76k
-10.0%
21-24
€500k
-33.3%
21-24
€855k
-31.9%
21-24
€855k
-28.5%
21-24
€60k
-49.9%
21-24
1.26
-12.2%
21-24
1.24
-12.4%
21-24
35.2%
-4.9%
21-24
1.84
+8.1%
21-24
43.7%
+34.6%
21-24
15.4%
+28.1%
21-24
82.04
-4.8%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2022 | 2021 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €375k | €427k | €497k |
| Net profit | €203k | €239k | €319k |
| Cash flow | €299k | €340k | €413k |
| Staff costs | €582k | €767k | €768k |
| Income taxes | €76k | €84k | €79k |
| Dividends | €500k | €750k | - |
| Total assets | €1.32M | €1.99M | €1.88M |
| Equity | €465k | €738k | €1.25M |
| Debt | €855k | €1.26M | €637k |
| of which ≤ 1y | €855k | €1.19M | €516k |
| of which > 1y | - | €60k | €120k |
| Working capital | €218k | €512k | €1.02M |
| Employees (FTE) | 16.3 | 21.2 | 19.9 |
Ratios (computed)
| 2024 | 2022 | 2021 | |
|---|---|---|---|
| Current ratio | 1.26 | 1.43 | 2.97 |
| Quick ratio | 1.24 | 1.41 | 2.94 |
| Working capital ratio | 16.5% | 25.7% | 54.0% |
| Solvency | 35.2% | 37.0% | 66.2% |
| Debt / equity | 1.84 | 1.70 | 0.51 |
| Long-term debt ratio | - | 0.08 | 0.10 |
| Interest coverage | 82.04 | 86.22 | 91.96 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 15.4% | 12.0% | 16.9% |
| ROE | 43.7% | 32.4% | 25.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2022 | 2021 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.32M | €1.99M | €1.88M |
| Fixed assets | 21/28 | €247k | €285k | €352k |
| Tangible fixed assets | 22/27 | €225k | €263k | €330k |
| Financial fixed assets | 28 | €22k | €22k | €22k |
| Current assets | 29/58 | €1.07M | €1.71M | €1.53M |
| Stocks & contracts in progress | 3 | €16k | €20k | €13k |
| Amounts receivable within one year | 40/41 | €583k | €201k | €40k |
| Investments | 50/53 | €30k | €30k | €30k |
| Cash & bank | 54/58 | €434k | €1.45M | €1.45M |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.32M | €1.99M | €1.88M |
| Equity | 10/15 | €465k | €738k | €1.25M |
| Contributions / capital | 10/11 | €31k | €31k | €31k |
| Reserves | 13 | €434k | €707k | €1.22M |
| Amounts payable | 17/49 | €855k | €1.26M | €637k |
| Amounts payable after one year | 17 | - | €60k | €120k |
| Amounts payable within one year | 42/48 | €855k | €1.19M | €516k |
| Trade debts payable within one year | 44 | €214k | €269k | €300k |
| Income statement | ||||
| Gross operating margin | 9900 | €958k | €1.20M | €1.27M |
| Operating result | 9901 | €279k | €327k | €402k |
| Financial income | 75 | €4k | €2k | €2k |
| Financial charges | 65 | €5k | €5k | €5k |
| Result before taxes | 9903 | €279k | €324k | €398k |
| Income taxes | 67/77 | €76k | €84k | €79k |
| Net result for the period | 9904 | €203k | €239k | €319k |
| Result to be appropriated | 9905 | €203k | €239k | €319k |
Legal Structure
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 16-04-1993 |
| Status | Active |
| Postal code | 2460 |
Establishment units
QUICK HAMBURGERRESTAURANT
since 19932.061.801.019
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0148/00G000 | Flanders | 4.7 ha | 1 · 447 m² | 9.0 m · 2 fl. |
| 13017H0982/00A000 | Flanders | 1,554 m² | 1 · 171 m² | 7.7 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
26-08
State Gazette act
Director changes
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €203k ▼15.2%
Net result drops to €203k, the lowest in the series.
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 110 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 1 year ago
2025
26-08-2025 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Guy Kerremans",
"address": null,
"birth_date": null,
"profession": null,
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},
"reason": null,
"subkind": null,
"via_org": {
"kbo": null,
"name": "Heaving BV",
"address": null,
"country": null,
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": "2025-04-01",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "substantive_delegation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Bie Van den Brandt",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": {
"kbo": null,
"name": "BieQe BV",
"address": null,
"country": null,
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": "2025-04-01",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2025-08-18",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2025-03-24",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0449.778.508",
"name_full": "Risrest",
"legal_form": "BV"
},
"publication_proxy": {
"kind": null,
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
55302Limited-service restaurants56102Limited-service restaurants, excluding mobile food services56112
Names & trade names
| Legal nameNL | RISREST |
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