SODIBAR
ActiveSummary
SODIBAR has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174,388 and a net result of €162,604. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 74% of 3833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Limited-service restaurants, excluding mobile food services
NACE 56112NACE 55302Full-service restaurants NACE 56101
1 site
How big
€315,546total assets 2025
- Staff
- 3 FTE
- Equity
- €174,388
- Profit
- €162,604
Turnover not published (abridged schema)
Who decides
- Board
- 1 member
Accounts filed 7 d late1 of 4 deeds read
Why 82- Higher-failure-rate sector- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal form+ Growing equityA punctual record breaksShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency80▲+37
Growth52▲+30
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 2.13 against 0.53 in 2024; short-term debt: 44.7% and cash: 94.3% of total assets), and 44.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 · 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
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
55.3%
Return on assets
51.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €174,388
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
3 d early
2023
36 d early
2022
46 d early
2021
48 d early
2020
51 d early
2019
8 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 26 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 June (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: Julien Berghmans (director)Appointment: Romain Berghmans (director)
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €162,604
Financials
Fiscal year 2025Total assets €315,546Profit €162,604Solvency 55.3%Liquidity 2.13
Turnover
€132,444▼ 42.5%
2018 - 2020
Net result
€162,604
2018 - 2025
Equity
€174,388▲ 1,282%
2018 - 2025
Staff (FTE)
3▲ 50.0%
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€21,958▼ 15.4%-€44,309€6,021-€34,076€192,329
Net result€22,198within the sector's middle half▼ 14.0%-€44,406below the sector's middle half€5,519within the sector's middle half-€34,547below the sector's middle half€162,604above the sector's middle half
EBIT margin
Equity€86,051above the sector's middle half▲ 34.8%€41,645within the sector's middle half▼ 51.6%€47,164within the sector's middle half▲ 13.3%€12,617within the sector's middle half▼ 73.2%€174,388within the sector's middle half▲ 1,282%
Total assets€140,558within the sector's middle half▲ 16.9%€99,744within the sector's middle half▼ 29.0%€97,482within the sector's middle half▼ 2.3%€68,670within the sector's middle half▼ 29.6%€315,546within the sector's middle half▲ 360%
Debt€54,506▼ 3.3%€58,099▲ 6.6%€50,318▼ 13.4%€56,053▲ 11.4%€141,157▲ 152%
Working capital€34,421within the sector's middle half▲ 148%-€4,385within the sector's middle half€5,128within the sector's middle half-€26,266within the sector's middle half€158,840above the sector's middle half
Solvency61.2%above the sector's middle half▲ 8.1pp41.8%within the sector's middle half▼ 19.5pp48.4%within the sector's middle half▲ 6.6pp18.4%within the sector's middle half▼ 30.0pp55.3%within the sector's middle half▲ 36.9pp
Current ratio1.63within the sector's middle half▲ 0.370.92within the sector's middle half▼ 0.711.10within the sector's middle half▲ 0.180.53within the sector's middle half▼ 0.572.13above the sector's middle half▲ 1.59
Return on assets (ROA)15.8%within the sector's middle half▼ 5.7pp-44.5%below the sector's middle half▼ 60.3pp5.7%within the sector's middle half▲ 50.2pp-50.3%below the sector's middle half▼ 56.0pp51.5%above the sector's middle half▲ 101.8pp
Staff (FTE)1▲ 100%0.5▼ 50.0%1▲ 100%2▲ 100%3below the sector's middle half▲ 50.0%
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 abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €192,329 after a loss of €34,076 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315,546
Fixed assets
€15,548 ▼ 60.0%
Current assets
€299,997 ▲ 907%
Equity and liabilities €315,546
Equity
€174,388 ▲ 1,282%
Debt
€141,157 ▲ 152%
Debt's share of the balance-sheet total falls from 81.6% to 44.7%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€215,663▲
2024 · -€30,923
Cash flow
€185,939▲
2024 · -€31,394
Quick ratio
2.11▲
2024 · 0.49
Debt to equity
0.81▼
2024 · 4.44
ROE
93.2%▲
2024 · -273.8%
Interest coverage
375.58▲
2024 · -59.51
Debt ≤ 1 year
€141,157▲
2024 · €56,053
Income taxes
€29,435▲
2024 · €18
Staff costs
€44,067▲
2024 · €28,042
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% | 1.8% |
| 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 31,371 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €250,439 | - |
| Remuneration, social security and pensions62 | €5,134 | €13,408 | €15,232 | €28,042 | €44,067 | ▲ 57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,700 | €5,600 | €3,994 | €3,153 | €23,334 | ▲ 640% |
| Other operating charges640/8 | €5,679 | €5,850 | €6,371 | €6,705 | €6,847 | ▲ 2.1% |
| Non-recurring operating charges66A | - | - | - | €85 | - | - |
| Gross operating margin9900 | €37,471 | -€19,450 | €31,618 | €3,910 | €266,578 | ▲ 6,718% |
| Operating profit (loss)9901 | €21,958 | -€44,309 | €6,021 | -€34,076 | €192,329 | ▲ 664% |
| Financial income75/76B | €433 | €148 | €33 | €66 | €284 | ▲ 328% |
| Recurring financial income75 | €433 | €148 | €33 | €66 | €284 | ▲ 328% |
| Financial charges65/66B | €193 | €246 | €525 | €520 | €574 | ▲ 10.5% |
| Recurring financial charges65 | €193 | €246 | €525 | €520 | €574 | ▲ 10.5% |
| Profit (loss) for the period before taxes9903 | €22,198 | -€44,406 | €5,529 | -€34,529 | €192,039 | ▲ 656% |
| Income taxes67/77 | - | - | €10 | €18 | €29,435 | ▲ 164,431% |
| Profit (loss) for the period9904 | €22,198 | -€44,406 | €5,519 | -€34,547 | €162,604 | ▲ 571% |
| Profit (loss) for the period to be appropriated9905 | €22,198 | -€44,406 | €5,519 | -€34,547 | €162,604 | ▲ 571% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140,558 | €99,744 | €97,482 | €68,670 | €315,546 | ▲ 360% |
| Fixed assets21/28 | €51,631 | €46,030 | €42,036 | €38,883 | €15,548 | ▼ 60.0% |
| Tangible fixed assets22/27 | €51,008 | €45,408 | €41,413 | €38,260 | €14,926 | ▼ 61.0% |
| Land and buildings22 | €38,071 | €34,797 | €32,770 | €30,743 | €8,715 | ▼ 71.7% |
| Plant, machinery and equipment23 | €10,237 | €8,810 | €7,383 | €6,797 | €6,030 | ▼ 11.3% |
| Furniture and vehicles24 | €2,700 | €1,800 | €1,260 | €720 | €180 | ▼ 75.0% |
| Financial fixed assets28 | €623 | €623 | €623 | €623 | €623 | = |
| Current assets29/58 | €88,927 | €53,713 | €55,447 | €29,787 | €299,997 | ▲ 907% |
| Stocks and contracts in progress3 | €2,543 | €2,543 | €2,543 | €2,543 | €2,543 | = |
| Stocks30/36 | €2,543 | €2,543 | €2,543 | €2,543 | €2,543 | = |
| Cash at bank and in hand54/58 | €86,384 | €51,170 | €52,903 | €27,244 | €297,454 | ▲ 992% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140,558 | €99,744 | €97,482 | €68,670 | €315,546 | ▲ 360% |
| Equity10/15 | €86,051 | €41,645 | €47,164 | €12,617 | €174,388 | ▲ 1,282% |
| Contributions10/11 | €61,987 | €61,987 | €61,987 | €61,987 | €61,987 | = |
| Capital10 | €61,987 | €61,987 | €61,987 | €61,987 | €61,987 | = |
| Issued capital100 | €61,987 | €61,987 | €61,987 | €61,987 | €61,987 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €96,200 | ▲ 1,452% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | - | - | - | €90,000 | - |
| Profit (loss) carried forward14 | €17,865 | -€26,542 | -€21,023 | -€55,570 | €16,202 | ▲ 129% |
| Amounts payable17/49 | €54,506 | €58,099 | €50,318 | €56,053 | €141,157 | ▲ 152% |
| Amounts payable within one year42/48 | €54,506 | €58,099 | €50,318 | €56,053 | €141,157 | ▲ 152% |
| Current portion of amounts payable after more than one year42 | €3,529 | €877 | - | - | - | - |
| Trade debts44 | €5,595 | €10,833 | €3,571 | €10,015 | €15,021 | ▲ 50.0% |
| Suppliers440/4 | €5,595 | €10,833 | €3,571 | €10,015 | €15,021 | ▲ 50.0% |
| Taxes, remuneration and social security45 | €20,033 | €21,038 | €19,531 | €18,335 | €48,207 | ▲ 163% |
| Taxes450/3 | €13,844 | €16,115 | €9,831 | €8,635 | €38,823 | ▲ 350% |
| Remuneration and social security454/9 | €6,189 | €4,923 | €9,700 | €9,700 | €9,384 | ▼ 3.3% |
| Other amounts payable47/48 | €25,350 | €25,350 | €27,216 | €27,703 | €77,929 | ▲ 181% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,198 | -€44,406 | €5,519 | -€34,547 | €162,604 | ▲ 571% |
| + Depreciation and write-downs630 | €4,700 | €5,600 | €3,994 | €3,153 | €23,334 | ▲ 640% |
| Operating cash flow (approximation) | €26,899 | -€38,806 | €9,513 | -€31,394 | €185,939 | ▲ 692% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€35,214 | €1,733 | -€25,659 | €270,210 | ▲ 1,153% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
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CHRIAN CONSULTING
BE 0446.749.732
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IL BUON GUSTO
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SAVASAN
BE 0829.273.784
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Of 21,864 companies in this sector we hold annual accounts for 9,782. 6,990 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 director
Directors
Directors
1 director, last change in 2026
Romain Berghmans
CurrentDirector · since 01-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Romain Berghmans |
|
| Julien Berghmans |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Timeline
17 eventsLatest 01-10-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-10
State Gazette act
Resignation: Julien Berghmans (director)Appointment: Romain Berghmans (director)3 facts ▸
State Gazette act
Resignation: Julien Berghmans (director)
Appointment: Romain Berghmans (director)3 facts ▸
- General meeting, 18-08-2026
- Director resignation, Julien Berghmans (director)
- Director appointment, Romain Berghmans (director)
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
31-12
Financial
Back to profitnet €162,604
Net result €162,604 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.13
Current ratio from 0.53 to 2.13.
31-12
Financial
Equity above €150,000Eq €174,388 ▲1,282%
Equity rises from €12,617 to €174,388.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5,519
Net result €5,519 after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€44,406
Net result drops to -€44,406, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial
Back to profitnet €25,800
Net result €25,800 after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 36 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteTubizeunit no. 2.027.951.581
Company details
Public limited company · founded 16-07-1985Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPublic limited company
Founded16-07-1985
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427466528
Also
9925:BE0427466528
Registered
07-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Ittre · 1 establishment unit since 1985
Ground area
1.2 ha
Building footprint
4,792 m²
Volume, LiDAR
36,246 m³
2 parcels, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LE REGAL
since 1985unit no. 2.027.951.581
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105B0170/00X007 | Wallonia | 1.2 ha | 1 · 4,709 m² | 10.7 m · 3 fl. |
| 25108B0026/00T000 | Wallonia | 240 m² | 1 · 83 m² | 9.4 m · 2 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.
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