RONAK
ActiveSummary
The computed 12-month bankruptcy probability of RONAK is 2.6% (moderate). The 2025 annual accounts show equity of €248,180 and a net result of €84,015. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 13560 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth69=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
short-term debt: 0.3% and cash: 65.5% of total assets, and 0.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.7%
Return on assets
33.8%
Age of the figures
9 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
58 d early
2023
51 d early
2022
52 d early
2021
16 d late
2020
62 d late
2019
42 d early
← 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 25 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€136,717▲ 5.4%
2018 · €129,753
EBIT margin
11.8%▲ 6.7pp
2018 · 5.1%
Net result
€84,015▲ 53.4%
2024 · €54,785
Working capital
€201,605▲ 85.9%
2024 · €108,438
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€22,818€12,750▼ 44.1%€16,070▲ 26.0%€63,958▲ 298%€90,810▲ 42.0%
Net result€20,641€9,084▼ 56.0%€14,952▲ 64.6%€54,785▲ 266%€84,015▲ 53.4%
EBIT margin
Equity€85,345▲ 31.9%€94,429▲ 10.6%€109,380▲ 15.8%€164,165▲ 50.1%€248,180▲ 51.2%
Total assets€88,551▲ 18.3%€101,057▲ 14.1%€111,901▲ 10.7%€173,954▲ 55.5%€248,920▲ 43.1%
Debt€3,206▼ 68.4%€6,629▲ 107%€2,521▼ 62.0%€9,789▲ 288%€740▼ 92.4%
Working capital€78,122▲ 49.5%€87,785▲ 12.4%€55,706▼ 36.5%€108,438▲ 94.7%€201,605▲ 85.9%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €248,920
Fixed assets
€46,575 ▼ 16.4%
Current assets
€202,346 ▲ 71.1%
Equity and liabilities €248,920
Equity
€248,180 ▲ 51.2%
Debt
€740 ▼ 92.4%
Debt's share of the balance-sheet total falls from 5.6% to 0.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€99,962▲
2024 · €74,069
Cash flow
€93,167▲
2024 · €64,896
Debt to equity
0.00▼
2024 · 0.06
ROE
33.9%▲
2024 · 33.4%
ROA
33.8%▲
2024 · 31.5%
Interest coverage
659.81▲
2024 · 286.56
Debt ≤ 1 year
€740▼
2024 · €9,789
Income taxes
€6,644▼
2024 · €8,915
Staff costs
€71,409▲
2024 · €66,439
A ratio outside any meaningful range has been withheld (balance sheet total €248,920, equity €248,180).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 34,672 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,871 | - | €24,633 | €66,439 | €71,409 | ▲ 7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,809 | €5,665 | €5,964 | €10,111 | €9,152 | ▼ 9.5% |
| Other operating charges640/8 | €1,378 | €717 | €4,973 | €255 | €2,159 | ▲ 748% |
| Gross operating margin9900 | €32,876 | €19,131 | €51,641 | €140,762 | €173,530 | ▲ 23.3% |
| Operating profit (loss)9901 | €22,818 | €12,750 | €16,070 | €63,958 | €90,810 | ▲ 42.0% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | €177 | €163 | €212 | €258 | €152 | ▼ 41.4% |
| Recurring financial charges65 | €177 | €163 | €212 | €258 | €152 | ▼ 41.4% |
| Profit (loss) for the period before taxes9903 | €22,641 | €12,587 | €15,858 | €63,700 | €90,659 | ▲ 42.3% |
| Income taxes67/77 | €2,000 | €3,503 | €907 | €8,915 | €6,644 | ▼ 25.5% |
| Profit (loss) for the period9904 | €20,641 | €9,084 | €14,952 | €54,785 | €84,015 | ▲ 53.4% |
| Profit (loss) for the period to be appropriated9905 | €20,641 | €9,084 | €14,952 | €54,785 | €84,015 | ▲ 53.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €88,551 | €101,057 | €111,901 | €173,954 | €248,920 | ▲ 43.1% |
| Fixed assets21/28 | €7,223 | €6,644 | €53,675 | €55,727 | €46,575 | ▼ 16.4% |
| Intangible fixed assets21 | - | - | €46,667 | €41,667 | €36,667 | ▼ 12.0% |
| Tangible fixed assets22/27 | €4,258 | €3,679 | €4,043 | €11,095 | €6,943 | ▼ 37.4% |
| Furniture and vehicles24 | €649 | €3,494 | €4,043 | €8,864 | €5,636 | ▼ 36.4% |
| Other tangible fixed assets26 | €3,610 | €184 | - | €2,231 | €1,308 | ▼ 41.4% |
| Financial fixed assets28 | €2,965 | €2,965 | €2,965 | €2,965 | €2,965 | = |
| Current assets29/58 | €81,327 | €94,414 | €58,226 | €118,227 | €202,346 | ▲ 71.1% |
| Stocks and contracts in progress3 | €3,726 | €4,715 | €6,750 | €4,999 | €2,954 | ▼ 40.9% |
| Stocks30/36 | €3,726 | €4,715 | €6,750 | €4,999 | €2,954 | ▼ 40.9% |
| Amounts receivable within one year40/41 | €39,029 | €38,342 | €26,777 | €32,252 | €34,633 | ▲ 7.4% |
| Trade receivables40 | €10,580 | €10,580 | €4,580 | €4,580 | €4,506 | ▼ 1.6% |
| Other amounts receivable41 | €28,449 | €27,762 | €22,197 | €27,672 | €30,127 | ▲ 8.9% |
| Cash at bank and in hand54/58 | €36,942 | €49,726 | €23,070 | €79,345 | €163,128 | ▲ 106% |
| Deferred charges and accrued income490/1 | €1,630 | €1,630 | €1,630 | €1,630 | €1,630 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €88,551 | €101,057 | €111,901 | €173,954 | €248,920 | ▲ 43.1% |
| Equity10/15 | €85,345 | €94,429 | €109,380 | €164,165 | €248,180 | ▲ 51.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €8,060 | €8,060 | = |
| Capital10 | €6,200 | €6,200 | €6,200 | - | - | - |
| Issued capital100 | €18,600 | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | €12,400 | - | - | - |
| Outside capital11 | - | - | - | €8,060 | €8,060 | = |
| Other1109/19 | - | - | - | €8,060 | €8,060 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | €77,285 | €86,369 | €101,320 | €156,105 | €240,120 | ▲ 53.8% |
| Amounts payable17/49 | €3,206 | €6,629 | €2,521 | €9,789 | €740 | ▼ 92.4% |
| Amounts payable within one year42/48 | €3,206 | €6,629 | €2,521 | €9,789 | €740 | ▼ 92.4% |
| Trade debts44 | €1,338 | €6,290 | €2,521 | €6,056 | €740 | ▼ 87.8% |
| Suppliers440/4 | €1,338 | €6,290 | €2,521 | €6,056 | €740 | ▼ 87.8% |
| Taxes, remuneration and social security45 | €1,868 | €338 | - | €3,733 | - | - |
| Taxes450/3 | €1,552 | €338 | - | €3,733 | - | - |
| Remuneration and social security454/9 | €316 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,641 | €9,084 | €14,952 | €54,785 | €84,015 | ▲ 53.4% |
| + Depreciation and write-downs630 | €6,809 | €5,665 | €5,964 | €10,111 | €9,152 | ▼ 9.5% |
| Operating cash flow (approximation) | €27,450 | €14,749 | €20,916 | €64,896 | €93,167 | ▲ 43.6% |
| Investment in fixed assets (approximation) | - | -€5,085 | -€52,995 | -€12,163 | €0 | ▲ 100% |
| Change in cash | - | €12,784 | -€26,656 | €56,276 | €83,783 | ▲ 48.9% |
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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €84,015 ▲53.4%
Operating result €90,810, net result €84,015, both a record.
31-12
Financial
Liquidity times 23current ratio 273.36
Current ratio from 12.08 to 273.36; short-term debt falls from €9,789 to €740.
31-12
Financial
Equity above €200,000Eq €248,180 ▲51.2%
5 profitable years in a row build equity to €248,180.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150,000Eq €164,165 ▲50.1%
4 profitable years in a row build equity to €164,165.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €109,380 ▲15.8%
3 profitable years in a row build equity to €109,380.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Back to profitnet €20,641
Net result €20,641 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 25.37
Current ratio from 6.14 to 25.37; short-term debt falls from €10,161 to €3,206.
Show earlier events
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 62 days late
2020
31-12
Financial
Weakest financial yearnet -€7,280
Net result drops to -€7,280, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 716 days late
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 324 days late
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 268 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Brussel · 2 establishment units since 2010
Ground area
130 m²
Building footprint
130 m²
Volume, LiDAR
1,879 m³
2 parcels, Brussels · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Centrum of Kebab
since 20102.183.663.604
Zuidstraat 35, 1000 Brussel
since 20232.343.205.145
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0617/00K000 | Brussels | 85 m² | 1 · 85 m² | 20.0 m · 6 fl. |
| 21004A0188/00C000 | Brussels | 44 m² | 1 · 44 m² | 20.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2 sitesBrussel2.183.663.604
Brussel2.343.205.145
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 6,202 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894573194
Also
9925:BE0894573194
Registered
20-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.