StrEAT
ActiveSummary
The computed 12-month bankruptcy probability of StrEAT is 8.3% (elevated). The 2025 annual accounts show negative equity (-€549,596) and a net result of -€86,904. Equity is shrinking by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 13874 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Event catering
NACE 56210Limited-service restaurants NACE 56102Limited-service restaurants, excluding mobile food services NACE 56112
3 sites
How big
€153,218total assets 2025
- Staff
- 4.7 FTE
- Equity
- -€549,596
- Loss
- -€86,904
Turnover not published (abridged schema)
Who decides
- Parent
- GROUPE CHOUX DE BRUXELLES · 100%
Accounts on time1 of 6 deeds read
Why 17- Higher-failure-rate sector- Higher-failure-rate region- Annual accounts: weaker financial profile- Multiple establishment units- Negative equity+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
8.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.28 in 2024; short-term debt: 412.2% and cash: 28.8% of total assets), and equity is negative.
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 →
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
-358.7%
Return on assets
-56.7%
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€549,596
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
61 d late
2023
28 d late
2022
14 d late
2021
19 d late
2020
6 d late
2019
20 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 21 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Permanent representative: Vincent HARDIRegistered-office move
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €153,218Loss -€86,904Solvency -358.7%Liquidity 0.16
Total assets
€153,218▼ 37.5%
2018 - 2025
Net result
-€86,904▼ 70.2%
2018 - 2025
Equity
-€549,596▼ 18.8%
2018 - 2025
Staff (FTE)
4.7▲ 4.4%
2018 - 2025
Financials · fiscal year 2025, micro 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
Operating result€77,016-€103,112-€65,966▲ 36.0%-€34,898▲ 47.1%-€64,300▼ 84.3%
Net result€77,727above the sector's middle half-€106,100below the sector's middle half-€82,947below the sector's middle half▲ 21.8%-€51,063below the sector's middle half▲ 38.4%-€86,904below the sector's middle half▼ 70.2%
Equity-€217,460below the sector's middle half▲ 25.9%-€325,276below the sector's middle half▼ 49.6%-€409,939below the sector's middle half▼ 26.0%-€462,693below the sector's middle half▼ 12.9%-€549,596below the sector's middle half▼ 18.8%
Total assets€196,874within the sector's middle half▲ 58.7%€266,410above the sector's middle half▲ 35.3%€300,773above the sector's middle half▲ 12.9%€245,046above the sector's middle half▼ 18.5%€153,218within the sector's middle half▼ 37.5%
Debt€414,334▼ 0.8%€591,686▲ 42.8%€710,712▲ 20.1%€707,739▼ 0.4%€702,815▼ 0.7%
Working capital-€252,630below the sector's middle half▲ 21.6%-€342,707below the sector's middle half▼ 35.7%-€396,725below the sector's middle half▼ 15.8%-€460,573below the sector's middle half▼ 16.1%-€527,699below the sector's middle half▼ 14.6%
Solvency-110.5%below the sector's middle half▲ 126.1pp-122.1%below the sector's middle half▼ 11.6pp-136.3%below the sector's middle half▼ 14.2pp-188.8%below the sector's middle half▼ 52.5pp-358.7%below the sector's middle half▼ 169.9pp
Current ratio0.27below the sector's middle half▲ 0.190.34below the sector's middle half▲ 0.080.38below the sector's middle half▲ 0.040.28below the sector's middle half▼ 0.100.16below the sector's middle half▼ 0.11
Return on assets (ROA)39.5%above the sector's middle half▲ 174.4pp-39.8%below the sector's middle half▼ 79.3pp-27.6%below the sector's middle half▲ 12.2pp-20.8%below the sector's middle half▲ 6.7pp-56.7%below the sector's middle half▼ 35.9pp
Staff (FTE)6.9▼ 27.4%9.2▲ 33.3%8.3▼ 9.8%4.5▼ 45.8%4.7▲ 4.4%
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 and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €64,300 in 2025 against €34,898 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153,218
Fixed assets
€49,371 ▼ 27.3%
Current assets
€103,847 ▼ 41.4%
Equity and liabilities
Equity-€549,596
Debt€702,815
Equity is negative: debt (€702,815) exceeds the balance-sheet total (€153,218).
Key figures and ratios
Key figures and ratios
EBITDA
-€37,630▼
2024 · -€3,641
Cash flow
-€60,234▼
2024 · -€19,807
Quick ratio
0.16▼
2024 · 0.27
Interest coverage
-1.62▼
2024 · -0.17
Debt ≤ 1 year
€631,547▼
2024 · €637,739
Debt > 1 year
€70,000=
2024 · €70,000
Income taxes
-€0
Staff costs
€148,611▼
2024 · €200,761
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 8.3% 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 497,341 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 6,906 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €153,383 | €343,236 | €383,435 | €200,761 | €148,611 | ▼ 26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,538 | €34,542 | €28,294 | €31,256 | €26,670 | ▼ 14.7% |
| Other operating charges640/8 | €1,421 | €1,803 | €4,982 | €1,819 | €1,155 | ▼ 36.5% |
| Gross operating margin9900 | €262,358 | €276,469 | €350,744 | €198,939 | €112,136 | ▼ 43.6% |
| Operating profit (loss)9901 | €77,016 | -€103,112 | -€65,966 | -€34,898 | -€64,300 | ▼ 84.3% |
| Financial income75/76B | €1,744 | €1,904 | €2,791 | €5,772 | €592 | ▼ 89.7% |
| Recurring financial income75 | €1,744 | €1,904 | €2,791 | €5,772 | €592 | ▼ 89.7% |
| Financial charges65/66B | €1,034 | €4,762 | €19,683 | €21,938 | €23,196 | ▲ 5.7% |
| Recurring financial charges65 | €1,034 | €4,762 | €18,921 | €21,938 | €23,196 | ▲ 5.7% |
| Non-recurring financial charges66B | - | - | €763 | - | - | - |
| Profit (loss) for the period before taxes9903 | €77,727 | -€105,970 | -€82,858 | -€51,063 | -€86,904 | ▼ 70.2% |
| Income taxes67/77 | - | €130 | €89 | - | -€0 | - |
| Profit (loss) for the period9904 | €77,727 | -€106,100 | -€82,947 | -€51,063 | -€86,904 | ▼ 70.2% |
| Profit (loss) for the period to be appropriated9905 | €77,727 | -€106,100 | -€82,947 | -€51,063 | -€86,904 | ▼ 70.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €196,874 | €266,410 | €300,773 | €245,046 | €153,218 | ▼ 37.5% |
| Fixed assets21/28 | €105,170 | €87,431 | €59,137 | €67,881 | €49,371 | ▼ 27.3% |
| Intangible fixed assets21 | - | - | - | €5,322 | €3,322 | ▼ 37.6% |
| Tangible fixed assets22/27 | €104,980 | €87,241 | €58,947 | €62,368 | €45,858 | ▼ 26.5% |
| Plant, machinery and equipment23 | €28,411 | €18,941 | €9,470 | - | €277 | - |
| Furniture and vehicles24 | €76,568 | €68,300 | €49,477 | €62,368 | €45,581 | ▼ 26.9% |
| Financial fixed assets28 | €190 | €190 | €190 | €190 | €190 | = |
| Current assets29/58 | €91,705 | €178,980 | €241,636 | €177,166 | €103,847 | ▼ 41.4% |
| Stocks and contracts in progress3 | €5,234 | €4,392 | €2,944 | €6,044 | €2,114 | ▼ 65.0% |
| Stocks30/36 | €5,234 | €4,392 | €2,944 | €6,044 | €2,114 | ▼ 65.0% |
| Amounts receivable within one year40/41 | €25,498 | €146,406 | €187,499 | €48,092 | €56,547 | ▲ 17.6% |
| Trade receivables40 | €20,498 | €146,406 | €186,049 | €48,092 | €55,044 | ▲ 14.5% |
| Other amounts receivable41 | €5,000 | - | €1,450 | - | €1,502 | - |
| Cash at bank and in hand54/58 | €60,854 | €24,141 | €49,562 | €120,304 | €44,150 | ▼ 63.3% |
| Deferred charges and accrued income490/1 | €119 | €4,042 | €1,630 | €2,726 | €1,036 | ▼ 62.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €196,874 | €266,410 | €300,773 | €245,046 | €153,218 | ▼ 37.5% |
| Equity10/15 | -€217,460 | -€325,276 | -€409,939 | -€462,693 | -€549,596 | ▼ 18.8% |
| Contributions10/11 | €37,200 | €37,200 | €37,200 | €37,200 | €37,200 | = |
| Profit (loss) carried forward14 | -€259,782 | -€365,883 | -€448,830 | -€499,893 | -€586,796 | ▼ 17.4% |
| Investment grants15 | €5,122 | €3,406 | €1,691 | - | - | - |
| Amounts payable17/49 | €414,334 | €591,686 | €710,712 | €707,739 | €702,815 | ▼ 0.7% |
| Amounts payable after more than one year17 | €70,000 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Financial debts170/4 | €70,000 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Amounts payable within one year42/48 | €344,334 | €521,686 | €638,361 | €637,739 | €631,547 | ▼ 1.0% |
| Trade debts44 | €140,038 | €175,059 | €186,767 | €173,543 | €85,102 | ▼ 51.0% |
| Suppliers440/4 | €140,038 | €175,059 | €186,767 | €173,543 | €85,102 | ▼ 51.0% |
| Advances received on contracts in progress46 | - | - | €6,983 | €540 | - | - |
| Taxes, remuneration and social security45 | €42,671 | €45,240 | €52,975 | €11,568 | €13,692 | ▲ 18.4% |
| Taxes450/3 | €5,005 | €16,892 | €19,474 | €8,426 | €45 | ▼ 99.5% |
| Remuneration and social security454/9 | €37,666 | €28,348 | €33,501 | €3,142 | €13,647 | ▲ 334% |
| Other amounts payable47/48 | €161,625 | €301,387 | €391,635 | €452,089 | €532,753 | ▲ 17.8% |
| Accrued charges and deferred income492/3 | - | - | €2,351 | - | €1,268 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €77,727 | -€106,100 | -€82,947 | -€51,063 | -€86,904 | ▼ 70.2% |
| + Depreciation and write-downs630 | €30,538 | €34,542 | €28,294 | €31,256 | €26,670 | ▼ 14.7% |
| Operating cash flow (approximation) | €108,264 | -€71,558 | -€54,653 | -€19,807 | -€60,234 | ▼ 204% |
| Investment in fixed assets (approximation) | - | -€16,803 | €0 | -€40,000 | -€8,160 | ▲ 79.6% |
| Change in cash | - | -€36,714 | €25,421 | €70,741 | -€76,153 | ▼ 208% |
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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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 7,494 companies in this sector we hold annual accounts for 2,452. See the whole sector
Board & ownership
Parent GROUPE CHOUX DE BRUXELLES · 100%
Directors
Directors
No directors read yet: 1 of 6 Gazette acts processed. See the function holders in the CBE →
Structure & network
Part of the group
IMSTATION
16 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
Highest known parent: IMSTATION. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 1 of 6 Gazette acts processed.
Timeline
14 eventsLatest 08-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
State Gazette act
Permanent representative: Vincent HARDIRegistered-office move3 facts ▸
State Gazette act
Permanent representative: Vincent HARDI
Registered-office move3 facts ▸
- General meeting, 01-06-2026
- Registered-office move, 1030 Schaerbeek, Boulevard Général Wahis, 16 A
- Permanent representative, Vincent HARDI (director)
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Back to profitnet €77,727
Net result €77,727 after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Weakest financial yearnet -€167,414
Net result drops to -€167,414, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Back to profitnet €18,829
Net result €18,829 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 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 siteEtterbeekunit no. 2.237.797.522
Company details
Private limited company · founded 06-11-2014Year ends 31-12Peppol reachable3 sites
Register details
Identification
Legal formPrivate limited company
Founded06-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0567638951
Also
9925:BE0567638951
Registered
29-09-2025
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, Schaarbeek · 3 establishment units since 2015
Ground area
1.8 ha
Building footprint
1.1 ha
Volume, LiDAR
149,230 m³
3 parcels, Brussels · tallest building 51.3 m, ±11 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
3 establishment units
GIO'S STRADA
since 2015unit no. 2.237.797.522
Dierendonck
since 2019unit no. 2.298.817.846
JUS
since 2019unit no. 2.312.465.251
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0533/00K002 | Brussels | 8,739 m² | 1 · 6,504 m² | 13.9 m · 4 fl. |
| 21802B0872/00P000 | Brussels | 7,386 m² | 1 · 2,401 m² | 51.3 m · 11 fl. |
| 21363B0348/00W000 | Brussels | 2,143 m² | 1 · 1,771 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?IMSTATION · 16 companies How does this company compare with its sector?Sector benchmark
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