Financials
- Financial year
- 2024
- Total assets
- €156,913
- Loss
- -€5,709
- Solvency
- -15.1%
Total assets▼ 72.5%
Net result
20182024
't FERMETJE
ActiveSummary
The computed 12-month bankruptcy probability of 't FERMETJE is 3.4% (moderate). The 2024 annual accounts show negative equity (-€23,749) and a net result of -€5,709. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€156,913total assets 2024
- Equity
- -€23,749
- Loss
- -€5,709
Turnover not published (micro format)
Structure
- YDE TomDirector
- BAKELANDT ValerieDirector
2025 accounts not filed, 88 days past the deadline1 of 3 deeds summarised
Why 48raises riskFigures for financial year 2024 (filed 04-08-2025)Sector: Food and beverage service activities (NACE 56)1 financial year not filed after the legal deadline; 1 of the last 3 latelowers riskFounded in 2000Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency
10-12
equity -15.1% of total assets
Liquidity
37+4
short-term debt 45.3% · cash 7.5%
Profitability
31-11
return on assets -3.6%
Bankruptcy probability, 12 months
3.4%
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
11-2024: 1.6%
12-2024: 1.6%● unchanged vs 11-2024
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.7%▲ +0.1 percentage points vs 04-2025
06-2025: 1.6%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 1.8%▲ +0.2 percentage points vs 06-2025
08-2025: 2.3%▲ +0.5 percentage points vs 07-2025
09-2025: 2.0%▼ -0.3 percentage points vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 1.9%▼ -0.1 percentage points vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 1.9%● unchanged vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 1.9%● unchanged vs 06-2026
08-2026: 2.5%▲ +0.6 percentage points vs 07-2026
09-2026: 2.9%▲ +0.4 percentage points vs 08-2026
10-2026: 3.4%▲ +0.5 percentage points vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.15, compared with 0.1 in 2023, below the usual 1.5; short-term debt: 45.3% and cash: 7.5% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 20% on solvency, 32% on liquidity, 27% on profitability and 20% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€23,749
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
1 day early
2023
1 day early
2022
92 days late
2021
31 days late
2020
31 days early
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Liquidity more than 11 timescurrent ratio 1.15
- Appointments: YDE Tom (director) and BAKELANDT…Legal-form conversion · Capital conversion…
Key points
By topic
Board & ownership
- Board
- 2 members
- YDE TomDirector
- BAKELANDT ValerieDirector
Timeline
- Events
- 29
- Since
- 2001
- 30-07-2024Annual accounts filed
- 31-10-2023Annual accounts filed
- 31-12-2022Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 08-02-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationKey facts about 't FERMETJE
- What is the company number of 't FERMETJE?
- 0470.603.022. In Belgium the VAT number is the company number with BE in front: BE 0470.603.022.
- Where is 't FERMETJE based?
- The registered office is at Elverdingestraat(Woes) 7, 8640 Vleteren.Company details
- What does 't FERMETJE do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of 't FERMETJE?
- Private limited company (BV).
- When was 't FERMETJE founded?
- On 08-02-2000.
- Is 't FERMETJE still active?
- Yes, 't FERMETJE is an active enterprise in the KBO register.
- How many employees does 't FERMETJE have?
- On average 0.4 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of 't FERMETJE?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is 't FERMETJE profitable?
- In financial year 2024, 't FERMETJE made a loss of €5,709.
- Where can I find the annual accounts of 't FERMETJE?
- 't FERMETJE filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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