RO BEL
ActiveThe file of RO BEL contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 19.6% (high). The 2025 annual accounts show negative equity (-€213,652) and a net result of €37,536. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 13% of 13617 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+2
Solvency0=
Growth58=
Track record60
Bankruptcy probability, 12 months
19.6%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.46 in 2024; short-term debt: 166.6% and cash: 21.9% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-67.8%
Return on assets
11.9%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 13617 sector peers (2025).
NBB · sector comparisonPosition among 13617 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-08-2026, 298 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
298 d late
2024
386 d late
2023
17 d late
2022
3 d early
2021
36 d late
2020
33 d late
2019
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 114 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 6 December (4 of the last 5 filed years within 262 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€213,652▲ 14.9%
2024 · -€251,188
Total assets
€315,089▲ 19.6%
2024 · €263,499
Net result
€37,536▲ 32.5%
2024 · €28,337
Working capital
-€225,926▲ 18.8%
2024 · -€278,326
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€33,345▲ 33.9%€15,029-€8,345€22,047€28,203▲ 27.9%
Net result-€42,687below the sector's middle half▲ 36.4%€4,980within the sector's middle half-€47,149below the sector's middle half€28,337above the sector's middle half€37,536above the sector's middle half▲ 32.5%
Equity-€237,356below the sector's middle half▼ 21.9%-€232,376below the sector's middle half▲ 2.1%-€279,524below the sector's middle half▼ 20.3%-€251,188below the sector's middle half▲ 10.1%-€213,652below the sector's middle half▲ 14.9%
Total assets€48,608within the sector's middle half▼ 7.3%€115,179within the sector's middle half▲ 137%€169,991within the sector's middle half▲ 47.6%€263,499above the sector's middle half▲ 55.0%€315,089above the sector's middle half▲ 19.6%
Debt€285,964▲ 15.7%€347,555▲ 21.5%€449,515▲ 29.3%€514,687▲ 14.5%€528,741▲ 2.7%
Working capital-€255,282below the sector's middle half▼ 17.9%-€273,196below the sector's middle half▼ 7.0%-€308,849below the sector's middle half▼ 13.1%-€278,326below the sector's middle half▲ 9.9%-€225,926below the sector's middle half▲ 18.8%
Solvency-488.3%below the sector's middle half▼ 117.0pp-201.8%below the sector's middle half▲ 286.6pp-164.4%below the sector's middle half▲ 37.3pp-95.3%below the sector's middle half▲ 69.1pp-67.8%below the sector's middle half▲ 27.5pp
Current ratio0.10below the sector's middle half▼ 0.010.21below the sector's middle half▲ 0.110.31below the sector's middle half▲ 0.100.46below the sector's middle half▲ 0.150.57within the sector's middle half▲ 0.11
Return on assets (ROA)-87.8%below the sector's middle half▲ 40.2pp4.3%within the sector's middle half▲ 92.1pp-27.7%below the sector's middle half▼ 32.1pp10.8%within the sector's middle half▲ 38.5pp11.9%within the sector's middle half▲ 1.2pp
Staff (FTE)3.3▼ 13.2%3.8▲ 15.2%3.9▲ 2.6%3.4▼ 12.8%3.6▲ 5.9%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315,089
Fixed assets
€15,923 ▼ 48.3%
Current assets
€299,167 ▲ 28.6%
Key figures and ratios
EBITDA
€37,355▲
2024 · €33,066
Cash flow
€46,688▲
2024 · €39,356
Quick ratio
0.55▲
2024 · 0.43
Debt to equity
-2.47▼
2024 · -2.05
Interest coverage
16.00▼
2024 · 16.73
Debt ≤ 1 year
€525,093▲
2024 · €511,038
Debt > 1 year
€3,648=
2024 · €3,648
Income taxes
€262▲
2024 · €255
Staff costs
€130,526▲
2024 · €126,175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 19.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,288 | - |
| Remuneration, social security and pensions62 | - | €106,118 | €131,244 | €126,175 | €130,526 | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,214 | €9,931 | €11,496 | €11,019 | €9,152 | ▼ 16.9% |
| Other operating charges640/8 | - | €13,120 | €6,520 | €6,123 | €8,852 | ▲ 44.6% |
| Non-recurring operating charges66A | - | €50 | - | - | - | - |
| Gross operating margin9900 | €21,586 | €144,247 | €140,914 | €165,364 | €176,734 | ▲ 6.9% |
| Operating profit (loss)9901 | -€33,345 | €15,029 | -€8,345 | €22,047 | €28,203 | ▲ 27.9% |
| Financial income75/76B | - | €2,373 | €4,726 | €8,522 | €11,929 | ▲ 40.0% |
| Recurring financial income75 | €73 | €2,373 | €4,726 | €8,522 | €11,929 | ▲ 40.0% |
| Financial charges65/66B | - | €12,199 | €43,273 | €1,976 | €2,335 | ▲ 18.2% |
| Recurring financial charges65 | €9,221 | €12,199 | €43,273 | €1,976 | €2,335 | ▲ 18.2% |
| Profit (loss) for the period before taxes9903 | -€42,494 | €5,203 | -€46,892 | €28,592 | €37,797 | ▲ 32.2% |
| Income taxes67/77 | €193 | €223 | €256 | €255 | €262 | ▲ 2.4% |
| Profit (loss) for the period9904 | -€42,687 | €4,980 | -€47,149 | €28,337 | €37,536 | ▲ 32.5% |
| Profit (loss) for the period to be appropriated9905 | -€42,687 | €4,980 | -€47,149 | €28,337 | €37,536 | ▲ 32.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48,608 | €115,179 | €169,991 | €263,499 | €315,089 | ▲ 19.6% |
| Fixed assets21/28 | €21,575 | €44,468 | €32,973 | €30,787 | €15,923 | ▼ 48.3% |
| Tangible fixed assets22/27 | €18,811 | €41,704 | €30,209 | €28,023 | €13,159 | ▼ 53.0% |
| Plant, machinery and equipment23 | - | €10,002 | €6,292 | €5,564 | €3,442 | ▼ 38.1% |
| Furniture and vehicles24 | - | €30,070 | €22,509 | €21,277 | €8,759 | ▼ 58.8% |
| Other tangible fixed assets26 | - | €1,633 | €1,408 | €1,183 | €958 | ▼ 19.0% |
| Financial fixed assets28 | €2,764 | €2,764 | €2,764 | €2,764 | €2,764 | = |
| Current assets29/58 | €27,033 | €70,711 | €137,018 | €232,712 | €299,167 | ▲ 28.6% |
| Stocks and contracts in progress3 | €9,295 | €8,853 | €8,853 | €11,250 | €12,938 | ▲ 15.0% |
| Stocks30/36 | - | €8,853 | €8,853 | €11,250 | €12,938 | ▲ 15.0% |
| Amounts receivable within one year40/41 | €3,313 | €49,495 | €114,260 | €197,754 | €213,389 | ▲ 7.9% |
| Trade receivables40 | - | - | - | €1,333 | - | - |
| Other amounts receivable41 | - | €49,495 | €114,260 | €196,420 | €213,389 | ▲ 8.6% |
| Current investments50/53 | €2,200 | €2,800 | €3,200 | €3,600 | €3,700 | ▲ 2.8% |
| Cash at bank and in hand54/58 | €12,133 | €9,379 | €10,705 | €18,744 | €69,043 | ▲ 268% |
| Deferred charges and accrued income490/1 | - | €184 | - | €1,364 | €97 | ▼ 92.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48,608 | €115,179 | €169,991 | €263,499 | €315,089 | ▲ 19.6% |
| Equity10/15 | -€237,356 | -€232,376 | -€279,524 | -€251,188 | -€213,652 | ▲ 14.9% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€243,556 | -€238,576 | -€285,724 | -€257,388 | -€219,852 | ▲ 14.6% |
| Amounts payable17/49 | €285,964 | €347,555 | €449,515 | €514,687 | €528,741 | ▲ 2.7% |
| Amounts payable after more than one year17 | €3,648 | €3,648 | €3,648 | €3,648 | €3,648 | = |
| Financial debts170/4 | - | €3,648 | €3,648 | €3,648 | €3,648 | = |
| Amounts payable within one year42/48 | €282,315 | €343,907 | €445,867 | €511,038 | €525,093 | ▲ 2.8% |
| Trade debts44 | €231,115 | €285,141 | €361,994 | €396,601 | €357,560 | ▼ 9.8% |
| Suppliers440/4 | - | €285,141 | €361,994 | €396,601 | €357,560 | ▼ 9.8% |
| Taxes, remuneration and social security45 | - | €58,766 | €83,873 | €114,437 | €167,533 | ▲ 46.4% |
| Taxes450/3 | - | €53,345 | €76,247 | €104,896 | €159,942 | ▲ 52.5% |
| Remuneration and social security454/9 | - | €5,420 | €7,626 | €9,541 | €7,590 | ▼ 20.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,687 | €4,980 | -€47,149 | €28,337 | €37,536 | ▲ 32.5% |
| + Depreciation and write-downs630 | €8,214 | €9,931 | €11,496 | €11,019 | €9,152 | ▼ 16.9% |
| Operating cash flow (approximation) | -€34,473 | €14,911 | -€35,653 | €39,356 | €46,688 | ▲ 18.6% |
| Investment in fixed assets (approximation) | - | -€32,824 | €0 | -€8,834 | €5,712 | ▲ 165% |
| Change in cash | - | -€2,754 | €1,326 | €8,039 | €50,299 | ▲ 526% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 298 days late
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 386 days late
31-03
Financial
Highest result since 2019net €37,536 ▲32.5%
Operating result €28,203, net result €37,536, both a record.
2024
31-03
Financial
Back to profitnet €28,337
Net result €28,337 after one loss-making year.
2023
17-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
24-05
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 17-05-2023
09-01
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 04-01-2023
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €4,980
Net result €4,980 after 3 loss-making years.
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 33 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
Show earlier events
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 150 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 255 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 2010
Ground area
4,166 m²
Building footprint
2,867 m²
Volume, LiDAR
22,579 m³
Parcel 38014F0271/00V007, Flanders · tallest building 15.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Cinema K-fe
since 20102.188.555.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38014F0271/00V007 | Flanders | 4,166 m² | 1 · 2,867 m² | 15.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKoksijde2.188.555.570
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-04-2010
Fiscal year end31-03
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
dimivandy2002@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0825376265
Also
9925:BE0825376265
Registered
22-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.