Equity
€15,544 from €177,413 in 2022
Equity fell by 91% in 3 years.
VENITIEN
Lifetime
7 annual accounts with figures on one time axispeak €892,122 (2019)
€803,506▲ 1.3%
lowest -€92,804 (2023)
-€25,586▲ €17,892
peak €177,413 (2022)
€15,544▼ 62.2%
€498,319▼ 12.1%
peak 26.9 FTE (2019)
19.4 FTE▼ 6.7%
Board2 names since 2018
1 directorLMVenitien
Documentsfilings and deeds
27-01-20264 days before the deadline
2025abbreviated format
Loss of €25,5861 director appointed, 1 resignation 24-02Equity from €41,130 to €15,544
Key points
from the 2025 annual accountsLosses
-€161,869 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€498,319 97% of the balance sheet
Financial debts 40%Suppliers 25%Taxes and wages 8%Other 27%
€260,605 of the debts are secured on the company's own assets. In 2022 that was €438,732.
Staff
30 employees on 30-06-2025
In 2025, 200 short contracts started and 195 ended, on average 121 hours worked per contract. Staff averaged 19 full-time equivalents.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 2 to 99 days before the end of the period.
Position in the sector
-€25,586
Lower net result than 85% of companies in food and beverage service. Sector median €10,278 · 4,838 companies.
Checked score
53
Fair
Financially stronger than 28% of small companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 3.0%▲ +0.5 percentage points vs 12-2024highest value
02-2025: 2.5%▼ -0.5 percentage points vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025
04-2025: 2.5%● unchanged vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.5%● unchanged vs 05-2025
07-2025: 2.5%● unchanged vs 06-2025
08-2025: 2.5%● unchanged vs 07-2025
09-2025: 2.5%● unchanged vs 08-2025
10-2025: 2.5%● unchanged vs 09-2025
11-2025: 2.6%▲ +0.1 percentage points vs 10-2025
12-2025: 2.5%▼ -0.1 percentage points vs 11-2025
01-2026: 2.6%▲ +0.1 percentage points vs 12-2025
02-2026: 2.2%▼ -0.4 percentage points vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026
05-2026: 2.2%● unchanged vs 04-2026
06-2026: 2.2%● unchanged vs 05-2026
07-2026: 1.8%▼ -0.4 percentage points vs 06-2026
08-2026: 1.8%● unchanged vs 07-2026
09-2026: 1.8%● unchanged vs 08-2026
10-2026: 1.9%▲ +0.1 percentage points vs 09-2026
11-2026: 1.8%▼ -0.1 percentage points vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Equity €15,544 (3.0% of total assets)
Size: 19.4 FTE, total assets €513,863
lowers risk
Liquidity: current ratio 0.44, cash €111,283
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, small). It does better than 18% of them on solvency, 46% on liquidity, 37% on profitability and 11% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 819 companies had the same profile as VENITIEN has now. Each dot stands for 3 companies, two years later.
94.7%
were still trading
3.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VENITIEN itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 819 companies, not a prediction for VENITIEN. 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 €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.44 (0.47 in 2024), below 1. Short-term debt is 58.2% and cash 21.7% of total assets. 97% 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
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€25,586
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4845 sector peers (2025).
NBB · sector comparisonPosition among 4845 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 days early
2024
14 days early
2023
2 days early
2022
99 days early
2021
12 days early
2020
11 days early
2019
14 days early
← 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 22 days before 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 19 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- WYMEELS Jurgen Achiel 500 sharesdeed of 05-06-2018
- VERGOTE Katrien 500 sharesdeed of 05-06-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697567481
1 director appointed, 1 resignation
Resignation: Alko NV · Appointment: LMVenitien BV · Permanent representative: Laurens Matton · General meeting of 31-01-2025 · Gazette deed
Appointment: ALKO (director)
Permanent representative: Jurgen Wymeels · Gazette deed
Permanent representative: Wymeels Jurgen
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VENITIEN Blankenberge | €513,863 | €0.8m | 3.0% | 19.4 |
| LIKITINA Bruges | €426,022 | €0.7m | -27.1% | 18.7 |
| Bones Bruges | €575,808 | €1.0m | 59.8% | 19.8 |
| DE NIEUWE LEKKERBEK Wingene | €720,598 | €0.9m | 35.4% | 19.6 |
| Palace by Shamrock Tielt | €509,464 | €1.0m | 4.0% | 18.9 |
| MAJIBE Perwez | €651,123 | €0.8m | 36.8% | 16.6 |
| Thai Café Nivelles Nivelles | €513,840 | €0.6m | 37.2% | 16.3 |
These companies have the same main activity as VENITIEN: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €426,000 and €721,000, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 01-06-2018Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Joint committee
- 302Hotels and catering · annual accounts 30-06-2025
- Establishment unit
- 2.276.266.8318370 Blankenberge, since 01-06-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 25-06-2025
Annual accounts to 30-06-2025
- ≈ €1.9mestimated
- €513,863▼ 15.5%
- Employeeson 30-06-2025
- 30▲ 20.0%
- Filing
- Filed on 27-01-2026, 4 days before the end of the filing period
Insights on VENITIEN
VENITIEN files the abbreviated format. That format states no turnover. The gross margin fell from €892,122 in 2019 to €803,506 in 2025.
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 VENITIEN
- What is the company number of VENITIEN?
- The company number of VENITIEN is 0697.567.481. The VAT number is the same number with BE in front: BE 0697.567.481.
- Where is VENITIEN based?
- The registered office is at Zeedijk 115, 8370 Blankenberge.Company details
- What does VENITIEN do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of VENITIEN?
- VENITIEN is a private limited company (BV).
- When was VENITIEN founded?
- VENITIEN was founded on 01-06-2018.
- Is VENITIEN still active?
- Yes, VENITIEN is an active enterprise in the KBO register.
- How many employees does VENITIEN have?
- VENITIEN had an average of 19.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does VENITIEN fall under?
- In its 30-06-2025 annual accounts, VENITIEN states joint committee 302 (Hotels and catering).
- What is the turnover of VENITIEN?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €803,506 and 41 comparable companies (NACE 56111). It probably lies between €1.8m and €2.6m.
- Is VENITIEN profitable?
- In financial year 2025, VENITIEN made a loss of €25,586.
- Where can I find the annual accounts of VENITIEN?
- VENITIEN filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VENITIEN due?
- VENITIEN must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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