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'T SOETE GOED

Active
Private limited companyfounded 1981active for 45 yearsDuinenstraat 199, 8450 Bredene, BelgiumKBO/BCE: BE 0421.269.713
Summary

The computed 12-month bankruptcy probability of 'T SOETE GOED is 3.7% (moderate). The 2024 annual accounts show equity of €41,934 and a net result of €31,113. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 2,938 sector peers (NACE 56, financial year 2024). The company has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals.

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'T SOETE GOEDActiveChecked score 49/100
Risk analysis ReportCompare

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
Oldest company in Bredene, Accommodation and food service sector2 sites
Size
≈ €1.5mturnover 2024, estimated
Staff
14.8 FTE
Equity
€41,934
Profit
€31,113
Turnover estimated from the gross margin
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.7%
Structure
2025 accounts not filed, 89 days past the deadline2 deeds in the Belgian Official Gazette
Why 49raises riskFigures for financial year 2024 (filed 31-08-2025)Equity €41,934 (4.9% of total assets)Sector: Food and beverage service activities (NACE 56)lowers riskFounded in 1981Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 48% of its sector peers (NACE 56, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 30+4
equity 4.9% of total assets
Liquidity 43+3
short-term debt 42.5% · cash 10.9%
Profitability 61+2
return on assets 3.6%
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,615 companies, NACE 56, small)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.0%▼ -0.1 percentage points vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 2.9%▼ -0.1 percentage points vs 03-2025 05-2025: 2.9%● unchanged vs 04-2025 06-2025: 2.8%▼ -0.1 percentage points vs 05-2025 07-2025: 3.1%▲ +0.3 percentage points vs 06-2025 08-2025: 4.1%▲ +1.0 percentage point vs 07-2025highest value 09-2025: 2.1%▼ -2.0 percentage points vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.0%▼ -0.1 percentage points vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026lowest value 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 3.0%▲ +1.0 percentage point vs 07-2026 09-2026: 3.4%▲ +0.4 percentage points vs 08-2026 10-2026: 3.7%▲ +0.3 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.53, compared with 0.5 in 2023, below 1; short-term debt: 42.5% and cash: 10.9% of total assets), and 95.1% of the assets are financed with debt and provisions.
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, small): better than 20% on solvency, 39% on liquidity, 36% on profitability and 98% on growth.

The bankruptcy probability was computed on 27-10-2026 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 risk
raises risk · Figures for financial year 2024 (filed 31-08-2025)
NBB · annual accounts
raises risk · Equity €41,934 (4.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 1981
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2938 sector peers (2024).
NBB · sector comparison
Position among 2938 sector peers
Solvency
better than 21%
← weakest strongest →
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, 89 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 31 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
not filed
2024
31 days late
2023
79 days late
2022
121 days late
2021
31 days late
2020
268 days late
2019
91 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 104 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Back to profitnet €33,508

Key points

  • Positive: Oldest company in Bredene, Accommodation and food service sectorin the Checked rankings No. 1 View
  • Positive: Staff rose in 2024from 8.3 FTE to 14.8 FTE ▲ 78.3% View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Active since 1981founded 19-01-1981 45 years View

By topic

Financials

Financial year
2024
Total assets
€857,046
Profit
€31,113
Solvency
4.9%
Total assets▼ 6.1%
Net result
20182024
Go to Financials

Timeline

Events
46
Since
1982
  1. 29-11-2023Annual accounts filed
  2. 31-08-2022Annual accounts filed
  3. 25-04-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
19-01-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about 'T SOETE GOED

What is the company number of 'T SOETE GOED?
0421.269.713. In Belgium the VAT number is the company number with BE in front: BE 0421.269.713.
Where is 'T SOETE GOED based?
The registered office is at Duinenstraat 199, 8450 Bredene.Company details
What does 'T SOETE GOED do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of 'T SOETE GOED?
Private limited company (BV).
When was 'T SOETE GOED founded?
On 19-01-1981.
Is 'T SOETE GOED still active?
Yes, 'T SOETE GOED is an active enterprise in the KBO register.
How many employees does 'T SOETE GOED have?
On average 14.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of 'T SOETE GOED?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is 'T SOETE GOED profitable?
In financial year 2024, 'T SOETE GOED made a profit of €31,113.
Where can I find the annual accounts of 'T SOETE GOED?
'T SOETE GOED filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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