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T et S

Active
Public limited companyfounded 1995active for 31 yearsWaverse steenweg 1723, 1160 Oudergem, BelgiumKBO/BCE: BE 0455.820.915
Summary

The computed 12-month bankruptcy probability of T et S is 2.4% (moderate). The 2025 annual accounts show negative equity (-€46,971) and a net result of -€3,784. Equity has been shrinking by about 9.4% per year since 2018. Its solvency ranks better than 13% of 954 sector peers (NACE 56, financial year 2025). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 21-08-1995 Normal situation
Activity
Full-service restaurants NACE 56111
Establishment unit
2.072.917.615 1160 Oudergem, since 05-09-1995
Financial year end
31 December
Peppol
Reachable since 29-12-2025

Board and ownership

Board

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Annual accounts 2025
Gross margin
€63,103
▲ 12.5%
Turnover
≈ €200,000
estimated
Loss
€3,784
▼ 73.5%
Equity
-€46,971
▼ 8.8%
Total assets
€97,762
▲ 16.4%
Staff
≈ 1.4 FTE
estimated
  • Negative equity on 31-12-2025
  • 2025 accounts filed 53 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 53 days late; 3 of the last 3 accounts latelowers riskSize: total assets €97,762Founded in 1995Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 18% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -48.0% of total assets
Liquidity 4-14
short-term debt 148.0% · cash 3.2%
Profitability 25+16
return on assets -3.9%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 2.7% 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.6%▼ -0.1 percentage points vs 04-2025 06-2025: 2.5%▼ -0.1 percentage points vs 05-2025 07-2025: 2.7%▲ +0.2 percentage points vs 06-2025 08-2025: 3.2%▲ +0.5 percentage points vs 07-2025 09-2025: 3.5%▲ +0.3 percentage points vs 08-2025 10-2025: 3.4%▼ -0.1 percentage points vs 09-2025 11-2025: 4.0%▲ +0.6 percentage points vs 10-2025 12-2025: 4.0%● unchanged vs 11-2025 01-2026: 4.0%● unchanged vs 12-2025 02-2026: 4.0%● unchanged vs 01-2026 03-2026: 3.9%▼ -0.1 percentage points vs 02-2026 04-2026: 3.9%● unchanged vs 03-2026 05-2026: 3.9%● unchanged vs 04-2026 06-2026: 3.8%▼ -0.1 percentage points vs 05-2026 07-2026: 4.0%▲ +0.2 percentage points vs 06-2026 08-2026: 4.3%▲ +0.3 percentage points vs 07-2026 09-2026: 4.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 2.4%▼ -2.0 percentage points vs 09-2026lowest value 11-2026: 2.4%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.66 (0.61 in 2024), below 1. Short-term debt is 148% and cash 3.2% of total assets. Equity is negative.
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 9% of them on solvency, 5% on liquidity, 26% on profitability and 32% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Last filed accounts filed 53 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €97,762
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1995
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€46,971
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
53 days late
2024
75 days late
2023
127 days late
2022
31 days late
2021
25 days early
2020
25 days late
2019
137 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 60 days after 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. The company usually files around 22 September (4 of the last 5 accounts filed within 75 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€46,971 View
  • Caution: Lower solvency than 86% of companies in food and beverage servicesector median 30.1% · 954 companies -48.0% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€3,784 View

Recent changes

  1. · Gazette deed Resignation: Randeep SINGH (director)
  2. · Gazette deed Appointments: Waldev SINGH, Sonia and Tarsem SINGH
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as T et S: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €81,100 and €112,000, founded between 1992 and 1998.

CompanyTotal assetsGross margin
T et S Oudergem€97,762€63,103
NAM Sint-Pieters-Woluwe€81,094€58,837
HEMAR Beveren-Kruibeke-Zwijndrecht€101,134€61,506
MAISON CHAKIR Flémalle€96,248€59,243
DE BOSDUIF Kapellen€101,100€65,121
ADELIN Namur€92,884€59,024
GEBICO Kortrijk€111,871€68,256
Full comparison

Key facts about T et S

What is the company number of T et S?
The company number of T et S is 0455.820.915. The VAT number is the same number with BE in front: BE 0455.820.915.
Where is T et S based?
The registered office is at Waverse steenweg 1723, 1160 Oudergem.Company details
What does T et S do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of T et S?
The legal form of T et S is Public limited company (NV).
When was T et S founded?
T et S was founded on 21-08-1995.
Is T et S still active?
Yes, T et S is an active enterprise in the KBO register.
How many employees does T et S have?
T et S had an average of 1.8 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of T et S?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €63,103 and 92 comparable companies (NACE 56111). It probably lies between €170,000 and €270,000. In financial year 2018 turnover was €253,934.
Is T et S profitable?
In financial year 2025, T et S made a loss of €3,784.
Where can I find the annual accounts of T et S?
T et S filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of T et S due?
T et S must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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