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
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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 months12-2024: 7.2%01-2025: 9.3%▲ +2.1 percentage points vs 12-202402-2025: 9.3%● unchanged vs 01-202503-2025: 2.4%▼ -6.9 percentage points vs 02-202504-2025: 2.4%● unchanged vs 03-202505-2025: 2.4%● unchanged vs 04-202506-2025: 2.3%▼ -0.1 percentage points vs 05-202507-2025: 2.3%● unchanged vs 06-2025lowest value08-2025: 3.0%▲ +0.7 percentage points vs 07-202509-2025: 3.4%▲ +0.4 percentage points vs 08-202510-2025: 5.0%▲ +1.6 percentage points vs 09-202511-2025: 4.7%▼ -0.3 percentage points vs 10-202512-2025: 6.2%▲ +1.5 percentage points vs 11-202501-2026: 8.4%▲ +2.2 percentage points vs 12-202502-2026: 8.4%● unchanged vs 01-202603-2026: 8.2%▼ -0.2 percentage points vs 02-202604-2026: 7.5%▼ -0.7 percentage points vs 03-202605-2026: 7.4%▼ -0.1 percentage points vs 04-202606-2026: 7.2%▼ -0.2 percentage points vs 05-202607-2026: 7.2%● unchanged vs 06-202608-2026: 9.4%▲ +2.2 percentage points vs 07-2026highest value09-2026: 9.4%● unchanged vs 08-2026highest value10-2026: 9.4%● unchanged vs 09-2026highest value11-2026: 9.4%● unchanged vs 10-2026highest value
Financial strength, FY 2023
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Strong
85+9equity 60.0% of total assets
81+5short-term debt 40.0% · cash 73.1%
95+23return on assets 23.1%
Credit check for an amount and term of your choice
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.
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.
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.
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
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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.