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TORDAS

Active Private limited companyfounded 2011active for 15 yearsNedergemlaan 5, 1980 ZemstKBO/BCE: BE 0835.113.085 #9 oldest company in Zemst, Accommodation and food service sector

Lifetime

15 annual accounts with figures on one time axis
peak €36,689 (2019)
€29,277▲ 26.9%
lowest -€15,069 (2021)
€10,110▲ 70.6%
peak €106,709 (2025)
€106,709▲ 10.5%
€46,232▲ 3.9%
Board1 name since 2012
Documentsfilings and deeds
25-10-202686 days late
2025micro format
Gross margin from €23,065 to €29,277Result from €5,927 to €10,110Cash from €8,475 to €12,622

Key points

from the 2025 annual accounts

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Filings

15 annual accounts 86 days
AprilJune31 JulyOctober201520202025

Latest accounts filed late: after the legal deadline.

Position in the sector

69.8%

Higher solvency than 83% of companies in food and beverage service. Sector median 29.5% · 17,162 companies.

Checked score

66
Healthy
Financially stronger than 62% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
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 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.3% 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.2%▼ -0.1 percentage points vs 02-2025 04-2025: 3.5%▲ +0.3 percentage points vs 03-2025 05-2025: 3.7%▲ +0.2 percentage points vs 04-2025 06-2025: 3.6%▼ -0.1 percentage points vs 05-2025 07-2025: 3.8%▲ +0.2 percentage points vs 06-2025 08-2025: 4.5%▲ +0.7 percentage points vs 07-2025 09-2025: 5.3%▲ +0.8 percentage points vs 08-2025 10-2025: 8.0%▲ +2.7 percentage points vs 09-2025 11-2025: 8.2%▲ +0.2 percentage points vs 10-2025highest value 12-2025: 3.3%▼ -4.9 percentage points vs 11-2025 01-2026: 1.7%▼ -1.6 percentage points vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026 07-2026: 1.5%▼ -0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.6 percentage points vs 07-2026 09-2026: 2.3%▲ +0.2 percentage points vs 08-2026 10-2026: 1.2%▼ -1.1 percentage points vs 09-2026lowest value 11-2026: 1.2%● unchanged vs 10-2026lowest value

Financial strength
Strong

95+2equity 69.8% of total assets
50-2short-term debt 27.2% · cash 8.3%
77+3return on assets 6.6%

Score breakdown

raises risk
Last filed accounts filed 86 days late; 3 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
Size: total assets €152,941
lowers risk
Founded in 2011
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 84% of them on solvency, 46% on liquidity, 61% on profitability and 56% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as TORDAS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of TORDAS itself is higher: 1.2% within 12 months. It rests on far more data about TORDAS than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for TORDAS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.59 (2.98 in 2024), above the usual 1.5. Short-term debt is 27.2% and cash 8.3% of total assets. 30.2% of the assets are financed with debt and provisions.

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

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 86 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2011
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 · Size: total assets €152,941
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 86 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-10-2026, 86 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
86 days late
2024
92 days late
2023
77 days late
2022
60 days late
2021
19 days late
2020
66 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 7 accounts on average 70 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 17 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 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

Board and ownership

VD
Director, since 01-04-2012
Board & ownership

Recent changes

Registered office moved from Vilvoorde to Zemst New registered office: Nedergemlaan 5, 1980 Zemst · Previous registered office: Mechelsesteenweg 302 bus 1.4, 1800 Vilvoorde · Change of role: VAN den BROEK Johnny, from manager to director · General meeting of 06-12-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0835113085
Registered office moved within Vilvoorde New registered office: Mechelsesteenweg 302 bus 1.4, 1800 Vilvoorde · Previous registered office: Olmstraat 81 bus 1.2, 1800 Vilvoorde · Gazette deed
First establishment FRITUUR CENTRUM, Franklin Rooseveltlaan ZN, Vilvoorde
All 25 events

Comparable companies

same main activity, similar in size and age
Company
TORDAS Zemst €152,941 €29,277 69.8% -
LONI Molenbeek-Saint-Jean €161,201 €28,774 47.8% -
GAS TERMINAL AND STORAGE VENTURE Watermael-Boitsfort €151,943 €31,919 48.1% -
LAUVIN Ghent €147,401 €27,456 10.0% -
GROVO Aalst €159,559 €34,991 35.8% -
LUTECO Dendermonde €152,447 €27,024 50.3% -
ARNISA Wemmel €183,311 €37,042 69.4% -

These companies have the same main activity as TORDAS: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €147,000 and €183,000, founded between 2009 and 2012.

Official details

Source: KBO
Status
Active since 31-03-2011Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Establishment unit
2.206.271.6311800 Vilvoorde, since 01-04-2011
Financial year end
31 December
Peppol
Reachable since 31-08-2023
Company details

Annual accounts 2025

€152,941▲ 8.4%
Filing
Filed on 25-10-2026
Financials

Insights on TORDAS

TORDAS files the micro format. That format states no turnover. The gross margin rose from €9,173 in 2011 to €29,277 in 2025.

The balance sheet grew most from 2018 to 2020 through fixed assets.

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 TORDAS

What is the company number of TORDAS?
The company number of TORDAS is 0835.113.085. The VAT number is the same number with BE in front: BE 0835.113.085.
Where is TORDAS based?
The registered office is at Nedergemlaan 5, 1980 Zemst.Company details
What does TORDAS 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 TORDAS?
TORDAS is a private limited company (BV).
When was TORDAS founded?
TORDAS was founded on 31-03-2011.
Is TORDAS still active?
Yes, TORDAS is an active enterprise in the KBO register.
What is the turnover of TORDAS?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €29,277 and 67 comparable companies (NACE 56112). It probably lies between €120,000 and €210,000. In financial year 2019 turnover was €193,821.Financials
Is TORDAS profitable?
In financial year 2025, TORDAS made a profit of €10,110.
Where can I find the annual accounts of TORDAS?
TORDAS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TORDAS due?
TORDAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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