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TOEAREG

Active Private limited company (pre-2019)founded 2018active for 8 yearsParijsstraat 37, 3000 LeuvenKBO/BCE: BE 0692.605.041

Lifetime

5 annual accounts with figures on one time axis
peak €252,601 (2023)
€252,601▲ 27.1%
lowest -€48,356 (2019)
€74,740▲ 136%
peak €194,138 (2023)
€194,138▲ 62.6%
€129,582▲ 14.9%
peak 9.1 FTE (2020)
-not published
Board2 names since 2018
Documentsfilings and deeds
27-02-2025211 days late
2023micro format
Gross margin from €198,674 to €252,601Result from €31,733 to €74,740Equity from €119,398 to €194,138Cash from €146,247 to €236,539

Key points

from the 2023 annual accounts

Equity

€194,138 ▲ 62.6%
€119,0002022€194,0002023

Equity rose in 2023 from €119,398 to €194,138.

Filings

5 annual accounts 6 filings, 468 days past the deadline
AprilJune31 JulyOctober20202022

2024 accounts not filed: deadline was 31-07-2025.

Position in the sector

€74,740

Higher net result than 94% of companies in food and beverage service. Sector median €3,682 · 17,586 companies.

2023 figures too old to score

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
9.4% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 7.2% 01-2025: 9.3%▲ +2.1 percentage points vs 12-2024 02-2025: 9.3%● unchanged vs 01-2025 03-2025: 2.4%▼ -6.9 percentage points vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.3%▼ -0.1 percentage points vs 05-2025 07-2025: 2.3%● unchanged vs 06-2025lowest value 08-2025: 3.0%▲ +0.7 percentage points vs 07-2025 09-2025: 3.4%▲ +0.4 percentage points vs 08-2025 10-2025: 5.0%▲ +1.6 percentage points vs 09-2025 11-2025: 4.7%▼ -0.3 percentage points vs 10-2025 12-2025: 6.2%▲ +1.5 percentage points vs 11-2025 01-2026: 8.4%▲ +2.2 percentage points vs 12-2025 02-2026: 8.4%● unchanged vs 01-2026 03-2026: 8.2%▼ -0.2 percentage points vs 02-2026 04-2026: 7.5%▼ -0.7 percentage points vs 03-2026 05-2026: 7.4%▼ -0.1 percentage points vs 04-2026 06-2026: 7.2%▼ -0.2 percentage points vs 05-2026 07-2026: 7.2%● unchanged vs 06-2026 08-2026: 9.4%▲ +2.2 percentage points vs 07-2026highest value 09-2026: 9.4%● unchanged vs 08-2026highest value 10-2026: 9.4%● unchanged vs 09-2026highest value 11-2026: 9.4%● unchanged vs 10-2026highest value

Financial strength, FY 2023
Strong

85+9equity 60.0% of total assets
81+5short-term debt 40.0% · cash 73.1%
95+23return on assets 23.1%
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Signals

Six signals.
lowers riskraises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 211 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2023 (filed on 27-02-2025)
NBB · annual accounts
raises risk · Size: total assets €323,720
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.01, cash €236,539
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline11-11-2026 today
raises risk · 2023 accounts filed 211 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-02-2025, 211 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
211 days late
2022
152 days late
2021
153 days late
2020
115 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 145 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • EL HOUARI Khalid founderdeed of 19-03-2018
  • JORDENS Catherine Marie Suzanne André founderdeed of 19-03-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0692605041
Resignation: Khalid El Houari (manager) General meeting of 31-03-2019 · Gazette deed
First establishment Parijsstraat 37, Leuven
Incorporation Founders: EL HOUARI Khalid and JORDENS Catherine Marie Suzanne André · Founding capital of €50,000, €10,000 paid up · Appointments: EL HOUARI Khalid (manager) and JORDENS Catherine Marie Suzanne André (manager) · published on 19-03-2018 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
TOEAREG Leuven €323,720 €252,601 60.0% -
RESTO LeM Beersel €316,308 €261,879 0.0% -
ELMIKI Tremelo €297,167 €282,935 47.2% -
Casello Schilde €312,407 €243,004 50.3% 6.2
Rocket Mechelen €321,322 €244,069 33.8% -
L'Univers Culinaire Charleroi €347,858 €253,118 26.8% -
LEONE Antwerp €331,762 €275,161 80.7% -

These companies have the same main activity as TOEAREG: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €297,000 and €348,000, founded between 2016 and 2018.

Official details

Source: KBO
Status
Active since 15-03-2018Normal situation
Activity
Full-service restaurantsNACE 56111and 4 others
Establishment unit
2.274.583.5833000 Leuven, since 18-03-2018
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2023

≈ €610,000estimated
€323,720▲ 39.4%
≈ 3.4 FTEestimated
Filing
Filed on 27-02-2025
Financials

Insights on TOEAREG

TOEAREG files the micro format. That format states no turnover. The gross margin rose from €102,762 in 2019 to €252,601 in 2023.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TOEAREG

What is the company number of TOEAREG?
The company number of TOEAREG is 0692.605.041. The VAT number is the same number with BE in front: BE 0692.605.041.
Where is TOEAREG based?
The registered office is at Parijsstraat 37, 3000 Leuven.Company details
What does TOEAREG do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of TOEAREG?
TOEAREG is a private limited company (pre-2019) (BVBA).
When was TOEAREG founded?
TOEAREG was founded on 15-03-2018.
Is TOEAREG still active?
Yes, TOEAREG is an active enterprise in the KBO register.
How many employees does TOEAREG have?
TOEAREG had an average of 9.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of TOEAREG?
The turnover in financial year 2023 is ≈ €610,000. This figure is estimated from the gross margin of €252,601 and 41 comparable companies (NACE 56111). It probably lies between €520,000 and €720,000. In financial year 2019 turnover was €391,858.
Is TOEAREG profitable?
In financial year 2023, TOEAREG made a profit of €74,740.
Where can I find the annual accounts of TOEAREG?
TOEAREG filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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