TWENTYONE
ActiveSummary
The computed 12-month bankruptcy probability of TWENTYONE is 1.6% (moderate). The 2025 annual accounts show equity of €30,988 and a net result of €16,667. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 26% of 4,800 sector peers (NACE 56, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 18-12-2015 Normal situation
- Activity
- Full-service restaurants NACE 56111
- Establishment unit
- 2.248.481.477 8900 Ieper, since 01-01-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 31-01-2025
Board and ownership
- De Groote LieveDirector · since 18-12-2015
- Schoonaert PeterDirector · since 18-12-2015
- Schoonaert BrechtDirector · since 01-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €454,300
- ▼ 5.6%
- Turnover
- ≈ €1.1m
- estimated
- Profit
- €16,667
- ▲ 27.6%
- Equity
- €30,988
- ▲ 116%
- Total assets
- €496,962
- ▲ 10.2%
- Employees on 31-12-2025
- 7
- ▼ 12.5%
- 2025 accounts filed 72 days after the deadline
Score breakdownraises riskLast filed accounts filed 72 days late; 3 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)Equity €30,988 (6.2% of total assets)lowers riskLiquidity: current ratio 0.98, cash €176,585Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 30% of them on solvency, 40% on liquidity, 45% on profitability and 91% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 127 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)
Recent changes
- · Gazette deed Appointments: Schoonaert Mathijs (director) and Schoonaert Brecht (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TWENTYONE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €441,000 and €536,000, founded between 2014 and 2016.
| Company | Total assets | Gross margin |
|---|---|---|
| TWENTYONE Ieper | €496,962 | €454,300 |
| DDP Damme | €512,805 | €487,254 |
| TODRI Brugge | €535,691 | €397,710 |
| TAVERNE DE KOEKOEK Oostende | €440,836 | €443,591 |
| DEGROOTE RECA Wingene | €535,072 | €406,740 |
| DONALD Menen | €457,490 | €418,745 |
| Tudor Rose Oostende | €496,159 | €561,923 |
Key facts about TWENTYONE
- What is the company number of TWENTYONE?
- The company number of TWENTYONE is 0644.670.215. The VAT number is the same number with BE in front: BE 0644.670.215.
- Where is TWENTYONE based?
- The registered office is at Grote Markt 21, 8900 Ieper.Company details
- What does TWENTYONE do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of TWENTYONE?
- The legal form of TWENTYONE is Private limited company (BV).
- When was TWENTYONE founded?
- TWENTYONE was founded on 18-12-2015.
- Is TWENTYONE still active?
- Yes, TWENTYONE is an active enterprise in the KBO register.
- How many employees does TWENTYONE have?
- TWENTYONE had an average of 9.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TWENTYONE?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €454,300 and 42 comparable companies (NACE 56111). It probably lies between €990,000 and €1.5m.
- Is TWENTYONE profitable?
- In financial year 2025, TWENTYONE made a profit of €16,667.
- Where can I find the annual accounts of TWENTYONE?
- TWENTYONE filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TWENTYONE due?
- TWENTYONE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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