SLUIS4
ActiveSummary
The computed 12-month bankruptcy probability of SLUIS4 is 3.1% (moderate). The 2025 annual accounts show equity of €23,909 and a net result of €8,969. Its solvency ranks better than 43% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-07-2023 Normal situation
- Activity
- Full-service restaurants NACE 56111
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.347.519.665 2960 Brecht, since 12-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 18-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.1%
Annual accounts 2025
- Gross margin
- €166,811
- ▼ 25.0%
- Turnover
- ≈ €490,000
- estimated
- Profit
- €8,969
- ▲ 81.6%
- Equity
- €23,909
- ▲ 60.0%
- Total assets
- €109,942
- ▲ 4.9%
- Employees on 31-12-2025
- 5
- ▲ 66.7%
Score breakdownraises riskFounded in 2023Sector: Food and beverage service activities (NACE 56)Size: total assets €109,942lowers riskLiquidity: current ratio 0.46, cash €19,965Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 55% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency
47+8
equity 21.7% of total assets
Liquidity
34-5
short-term debt 71.2% · cash 18.2%
Profitability
79+4
return on assets 8.2%
Bankruptcy probability within 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.6%
01-2025: 4.9%▲ +0.3 percentage points vs 12-2024
02-2025: 5.3%▲ +0.4 percentage points vs 01-2025
03-2025: 5.3%● unchanged vs 02-2025
04-2025: 5.2%▼ -0.1 percentage points vs 03-2025
05-2025: 5.1%▼ -0.1 percentage points vs 04-2025
06-2025: 5.5%▲ +0.4 percentage points vs 05-2025highest value
07-2025: 2.9%▼ -2.6 percentage points vs 06-2025
08-2025: 2.9%● unchanged vs 07-2025
09-2025: 2.9%● unchanged vs 08-2025
10-2025: 2.9%● unchanged vs 09-2025
11-2025: 2.9%● unchanged vs 10-2025
12-2025: 2.9%● unchanged vs 11-2025
01-2026: 2.8%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 2.9%▲ +0.1 percentage points vs 01-2026
03-2026: 2.8%▼ -0.1 percentage points vs 02-2026
04-2026: 3.0%▲ +0.2 percentage points vs 03-2026
05-2026: 3.0%● unchanged vs 04-2026
06-2026: 3.0%● unchanged vs 05-2026
07-2026: 3.2%▲ +0.2 percentage points vs 06-2026
08-2026: 3.1%▼ -0.1 percentage points vs 07-2026
09-2026: 3.1%● unchanged vs 08-2026
10-2026: 3.1%● unchanged vs 09-2026
11-2026: 3.1%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.46 (0.46 in 2024), below 1. Short-term debt is 71.2% and cash 18.2% of total assets. 78.3% of the assets are financed with debt and provisions.
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 43% of them on solvency, 29% on liquidity, 64% on profitability and 83% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
8 days early
2024
45 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 27 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-07-2026 at the NBB all 2 filings
Turnover
≈ €490,000
Estimated: probably between €410,000 and €590,000
Total assets
€109,942▲ 4.9%
2024 · €104,836
Net result
€8,969▲ 81.6%
2024 · €4,940
Working capital
-€42,500▼ 6.9%
2024 · -€39,760
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€14,024
▲ 57.9%
2025
20242025
Net result
€8,969
▲ 81.6%
2025
middle half of the sector
20242025
Equity
€23,909
▲ 60.0%
2025
middle half of the sector
20242025
Total assets
€109,942
▲ 4.9%
2025
middle half of the sector
20242025
Debt
€86,033
▼ 4.3%
2025
20242025
Working capital
-€42,500
▼ 6.9%
2025
lowest quarter of the sector
20242025
Solvency
21.7%
▲ 7.5pp
2025
middle half of the sector
20242025
Current ratio
0.46
=
2025
lowest quarter of the sector
20242025
Return on assets (ROA)
8.2%
▲ 3.4pp
2025
middle half of the sector
20242025
Staff (FTE)
4
▲ 2.6%
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€8,881-€14,024▲ 57.9%
Net result€4,940within the sector's middle half-€8,969within the sector's middle half▲ 81.6%
Equity€14,940within the sector's middle half-€23,909within the sector's middle half▲ 60.0%
Total assets€104,836within the sector's middle half-€109,942within the sector's middle half▲ 4.9%
Debt€89,896-€86,033▼ 4.3%
Working capital-€39,760below the sector's middle half--€42,500below the sector's middle half▼ 6.9%
Solvency14.3%within the sector's middle half-21.7%within the sector's middle half▲ 7.5pp
Current ratio0.46below the sector's middle half-0.46below the sector's middle half=
Return on assets (ROA)4.7%within the sector's middle half-8.2%within the sector's middle half▲ 3.4pp
Staff (FTE)3.9-4▲ 2.6%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 58% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109,942
Fixed assets
€74,197 ▲ 4.9%
Current assets
€35,745 ▲ 4.8%
Equity and liabilities €109,942
Equity
€23,909 ▲ 60.0%
Debt
€86,033 ▼ 4.3%
Debt's share of the balance-sheet total falls from 85.7% to 78.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24,626▲
2024 · €20,371
Cash flow
€19,571▲
2024 · €16,430
Quick ratio
0.31▼
2024 · 0.37
Debt to equity
3.60▼
2024 · 6.02
ROE
37.5%▲
2024 · 33.1%
Interest coverage
16.79▲
2024 · 8.40
Debt ≤ 1 year
€78,245▲
2024 · €73,865
Debt > 1 year
€7,788▼
2024 · €16,031
Income taxes
€3,624▲
2024 · €1,581
Staff costs
€141,392▼
2024 · €198,755
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 5 |
| full-time | 2 | 5 |
| part-time | 1 | 0 |
| in full-time equivalents | 2.8 | 5 |
| Average over the year, in full-time equivalents | 3.9 | 4 |
| On a permanent contract | 3 | 3 |
| Joined | 328 | 114 |
| Left | 368 | 161 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €71,821 | €14,069 |
| Financial fixed assets | €10,400 | €0 |
| Depreciation and write-downs of the year | €11,490 | €10,602 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €2,000 awarded · €2,000 paidSchemes
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €198,755 | €141,392 | ▼ 28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,490 | €10,602 | ▼ 7.7% |
| Other operating charges640/8 | €3,383 | €793 | ▼ 76.6% |
| Gross operating margin9900 | €222,508 | €166,811 | ▼ 25.0% |
| Operating profit (loss)9901 | €8,881 | €14,024 | ▲ 57.9% |
| Financial income75/76B | €65 | €36 | ▼ 44.6% |
| Recurring financial income75 | €65 | €36 | ▼ 44.6% |
| Financial charges65/66B | €2,425 | €1,467 | ▼ 39.5% |
| Recurring financial charges65 | €2,425 | €1,467 | ▼ 39.5% |
| Profit (loss) for the period before taxes9903 | €6,521 | €12,593 | ▲ 93.1% |
| Income taxes67/77 | €1,581 | €3,624 | ▲ 129% |
| Profit (loss) for the period9904 | €4,940 | €8,969 | ▲ 81.6% |
| Profit (loss) for the period to be appropriated9905 | €4,940 | €8,969 | ▲ 81.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €104,836 | €109,942 | ▲ 4.9% |
| Fixed assets21/28 | €70,730 | €74,197 | ▲ 4.9% |
| Tangible fixed assets22/27 | €60,330 | €63,797 | ▲ 5.7% |
| Furniture and vehicles24 | €9,204 | €12,738 | ▲ 38.4% |
| Other tangible fixed assets26 | €51,127 | €51,059 | ▼ 0.1% |
| Financial fixed assets28 | €10,400 | €10,400 | = |
| Current assets29/58 | €34,105 | €35,745 | ▲ 4.8% |
| Stocks and contracts in progress3 | €6,900 | €11,659 | ▲ 69.0% |
| Stocks30/36 | €6,900 | €11,659 | ▲ 69.0% |
| Amounts receivable within one year40/41 | €4,801 | €1,861 | ▼ 61.2% |
| Trade receivables40 | €3,995 | €582 | ▼ 85.4% |
| Other amounts receivable41 | €805 | €1,279 | ▲ 58.8% |
| Cash at bank and in hand54/58 | €22,253 | €19,965 | ▼ 10.3% |
| Deferred charges and accrued income490/1 | €152 | €2,260 | ▲ 15× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €104,836 | €109,942 | ▲ 4.9% |
| Equity10/15 | €14,940 | €23,909 | ▲ 60.0% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Reserves13 | €4,940 | €13,909 | ▲ 182% |
| Distributable reserves133 | €4,940 | €13,909 | ▲ 182% |
| Amounts payable17/49 | €89,896 | €86,033 | ▼ 4.3% |
| Amounts payable after more than one year17 | €16,031 | €7,788 | ▼ 51.4% |
| Financial debts170/4 | €16,031 | €7,788 | ▼ 51.4% |
| Amounts payable within one year42/48 | €73,865 | €78,245 | ▲ 5.9% |
| Current portion of amounts payable after more than one year42 | €9,351 | €8,639 | ▼ 7.6% |
| Financial debts43 | €7 | €66 | ▲ 838% |
| Credit institutions430/8 | €7 | €66 | ▲ 838% |
| Trade debts44 | €13,326 | €20,653 | ▲ 55.0% |
| Suppliers440/4 | €13,326 | €20,653 | ▲ 55.0% |
| Taxes, remuneration and social security45 | €21,382 | €17,317 | ▼ 19.0% |
| Taxes450/3 | €3,732 | €1,624 | ▼ 56.5% |
| Remuneration and social security454/9 | €17,650 | €15,692 | ▼ 11.1% |
| Other amounts payable47/48 | €29,800 | €31,571 | ▲ 5.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,940 | €8,969 | ▲ 81.6% |
| + Depreciation and write-downs630 | €11,490 | €10,602 | ▼ 7.7% |
| Operating cash flow (approximation) | €16,430 | €19,571 | ▲ 19.1% |
| Investment in fixed assets (approximation) | - | -€14,069 | - |
| Change in cash | - | -€2,287 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,976 companies had the same profile as SLUIS4 has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
94.3%
was still going
1.8%
stopped otherwise
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SLUIS4 itself: 3.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 7,976 companies, not a prediction for SLUIS4. 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.
Board & ownership
Directors
Directors
1 director, no change since 2023
VAN THIELEN,Steven Franciscus
Current
Director (not named in the articles) · since 12-07-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 23-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 14-07-2023Owners and capital
Shareholders
At incorporation
act of 14-07-2023 ↗
- VAN THIELEN,Steven Franciscus 100 shares (100%) · €10,000
Capital transactions
Capital over time
- 14-07-2023 Incorporation · €10,000 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 14-07-2023 (in Dutch)
Network & group
SLUIS4 shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SLUIS4. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
23-07
micro format · 8 days before the deadline
2025
16-06
micro format · 45 days before the deadline
2023
14-07
Gazette deed
IncorporationStarting capital €10,000 · Appointment: VAN THIELEN,Steven Franciscus (director) · Founder9 points ▸
Gazette deed
Incorporation
Starting capital €10,000 · Appointment: VAN THIELEN,Steven Franciscus (director) · Founder9 points ▸
- Incorporation, “SLUIS4” (deed in Dutch)
- Founder, VAN THIELEN,Steven Franciscus
- Founding capital, €10,000
- Bank account, “bijzondere rekening, vennootschap in oprichting” (deed in Dutch)
- Declaration, “bevestiging deponering overeenkomstig Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Registered office clause, “2960 Brecht (Sint-Job-in-'t-Goor), Handelslei 16” (deed in Dutch)
- Board rule, 1
- Director appointment, VAN THIELEN,Steven Franciscus (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien, en alle activiteiten ondernomen in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
SLUIS4 in Dutch
Enterprise number
0803.856.816
Legal form
Private limited company
Status
Active, normale toestand
Founded
12-07-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-07-2023 (in Dutch)Name clauseThe company operates under this name according to its articles.
SLUIS4
deed of 14-07-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, kan bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…”
deed of 14-07-2023 (in Dutch)Registered office and establishments
Registered office
Handelslei 16, 2960 Brecht, Belgium
Establishment unit
SLUIS4, Handelslei 16, 2960 Brecht since 12-07-2023 · unit number 2.347.519.665
Activities
NACEBEL 2025VAT activities
56111
Full-service restaurants main activity
Social security (RSZ) activities
56111
Full-service restaurants main activity
Codes under NACEBEL 2008
VAT activities
56101
Full-service restaurants main activity
Social security (RSZ) activities
56101
Full-service restaurants main activity
Joint committee
302 Paritair Comité voor het hotelbedrijf annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 14-07-2023 (in Dutch)
“De uitbating van horeca- en aanverwante ondernemingen in het algemeen en meer in het bijzonder, de uitbaring van restaurants en…”
9 activities
- De uitbating van horeca- en aanverwante ondernemingen in het algemeen en meer in het bijzonder, de uitbaring van restaurants en sandwichbars, feestzalen, drank- en eetgelegenheden, koffiebar, snackbars en dergelijke.
- Het aannemen, organiseren en verzorgen van feesten en banketten.
- Het verstrekken van traiteurdiensten
- De productie, de aankoop en verkoop van brood, banketgebak, suikerwaren, roomijs en aanverwante producten als klein- en groothandel, de verkoop van voedingsmiddelen, belegde broodjes, vleeswaren, wild en gevogelte, delicatessen, koud en warm buffet, wijnen, alcoholische dranken en andere dranken.
- Organisatie, promotie, uitwerking en uitvoering van allerlei soorten evenementen en opdrachten als zelfstandige activiteit of voor rekening van derden zowel in het binnen- als buitenland;
- Ontwerp, bouw, verhuur en verkoop van podia, stellingen, steigers en andere (tijdelijke) constructies;
- Het verlenen en verstrekken van diverse diensten;
- Het verlenen van technische, administratieve, financiële of commerciële bijstand.
- Het verwerven, vervreemden, beheren, uitbaten, valoriseren, verkavelen, huren en verhuren, het doen bouwen of verbouwen van onroerende goederen, evenals welkdanige onroerende transacties en verrichtingen in de meest ruime zin
Invoicing and payment
VAT number
BE 0803.856.816
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 18:00
deed of 14-07-2023 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteBrechtunit number 2.347.519.665
Sites & property
Location
Buildings and parcels at the address
Ground area
744 m²
Building footprint
233 m²
Building volume
1,136 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11042A0128/00X002 | Flanders | 744 m² | 1 · 233 m² | 9.2 m · 1 |