ZONE 1830
ActiveSummary
The computed 12-month bankruptcy probability of ZONE 1830 is 8.4% (elevated). The 2024 annual accounts show negative equity (-€62,854) and a net result of -€29,639. Equity is shrinking by ~122.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 18940 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
8.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.49 in 2023; short-term debt: 182.3% and cash: 16% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-82.3%
Return on assets
-38.8%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€62,854
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
70 d late
2022
249 d late
2021
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 133 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€62,854▼ 89.2%
2023 · -€33,215
Total assets
€76,379▲ 0.8%
2023 · €75,744
Net result
-€29,639▼ 4.9%
2023 · -€28,250
Working capital
-€100,420▼ 82.1%
2023 · -€55,143
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€7,136-€2,307-€24,704-€24,689▲ 0.1%
Net result-€7,856below the sector's middle half-€391within the sector's middle half-€28,250below the sector's middle half-€29,639below the sector's middle half▼ 4.9%
Equity-€5,356below the sector's middle half--€4,965below the sector's middle half▲ 7.3%-€33,215below the sector's middle half▼ 569%-€62,854below the sector's middle half▼ 89.2%
Total assets€16,717below the sector's middle half-€60,186within the sector's middle half▲ 260%€75,744within the sector's middle half▲ 25.9%€76,379within the sector's middle half▲ 0.8%
Debt€22,073-€65,151▲ 195%€108,959▲ 67.2%€139,233▲ 27.8%
Working capital-€10,091within the sector's middle half--€16,510within the sector's middle half▼ 63.6%-€55,143below the sector's middle half▼ 234%-€100,420below the sector's middle half▼ 82.1%
Solvency-32.0%below the sector's middle half--8.2%below the sector's middle half▲ 23.8pp-43.9%below the sector's middle half▼ 35.6pp-82.3%below the sector's middle half▼ 38.4pp
Current ratio0.54below the sector's middle half-0.75within the sector's middle half▲ 0.200.49within the sector's middle half▼ 0.250.28below the sector's middle half▼ 0.22
Return on assets (ROA)-47.0%below the sector's middle half-0.6%within the sector's middle half▲ 47.6pp-37.3%below the sector's middle half▼ 37.9pp-38.8%below the sector's middle half▼ 1.5pp
Staff (FTE)10.7
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24,689 in 2024 against €24,704 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76,379
Fixed assets
€37,566 ▲ 71.3%
Current assets
€38,813 ▼ 27.9%
Key figures and ratios
EBITDA
-€13,789▲
2023 · -€19,372
Cash flow
-€18,739▲
2023 · -€22,918
Quick ratio
0.14▼
2023 · 0.36
Debt to equity
-2.22▲
2023 · -3.28
Interest coverage
-2.79▲
2023 · -5.45
Debt ≤ 1 year
€139,233▲
2023 · €108,959
Staff costs
€169,439▲
2023 · €150,097
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 563 companies that looked in July 2024 the way this one looks now, 6.0% went bankrupt within 24 months and 87% are still going.
- Small
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
6.0%
went bankrupt
4.6%
stopped otherwise
87%
still going
A further 2.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 8.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 563 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €35,789 | €86,878 | €150,097 | €169,439 | ▲ 12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €432 | €2,430 | €5,332 | €10,900 | ▲ 104% |
| Other operating charges640/8 | €150 | €822 | €1,720 | €2,793 | ▲ 62.3% |
| Gross operating margin9900 | €29,236 | €92,437 | €132,445 | €158,443 | ▲ 19.6% |
| Operating profit (loss)9901 | -€7,136 | €2,307 | -€24,704 | -€24,689 | ▲ 0.1% |
| Financial income75/76B | €0 | - | €6 | - | - |
| Recurring financial income75 | €0 | - | €6 | - | - |
| Financial charges65/66B | €720 | €1,916 | €3,552 | €4,950 | ▲ 39.3% |
| Recurring financial charges65 | €720 | €1,916 | €3,552 | €4,950 | ▲ 39.3% |
| Profit (loss) for the period before taxes9903 | -€7,856 | €391 | -€28,250 | -€29,639 | ▼ 4.9% |
| Profit (loss) for the period9904 | -€7,856 | €391 | -€28,250 | -€29,639 | ▼ 4.9% |
| Profit (loss) for the period to be appropriated9905 | -€7,856 | €391 | -€28,250 | -€29,639 | ▼ 4.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €16,717 | €60,186 | €75,744 | €76,379 | ▲ 0.8% |
| Fixed assets21/28 | €4,735 | €11,545 | €21,928 | €37,566 | ▲ 71.3% |
| Tangible fixed assets22/27 | €4,735 | €11,545 | €19,378 | €34,516 | ▲ 78.1% |
| Land and buildings22 | €2,036 | €2,617 | €2,005 | €1,392 | ▼ 30.5% |
| Plant, machinery and equipment23 | €2,699 | €2,363 | €9,388 | €27,219 | ▲ 190% |
| Furniture and vehicles24 | - | €6,565 | €7,985 | €5,904 | ▼ 26.1% |
| Financial fixed assets28 | - | - | €2,550 | €3,050 | ▲ 19.6% |
| Current assets29/58 | €11,982 | €48,640 | €53,816 | €38,813 | ▼ 27.9% |
| Stocks and contracts in progress3 | €8,207 | €15,402 | €15,134 | €19,408 | ▲ 28.2% |
| Stocks30/36 | €8,207 | €15,402 | €15,134 | €19,408 | ▲ 28.2% |
| Amounts receivable within one year40/41 | €782 | €11,283 | €10,165 | €4,686 | ▼ 53.9% |
| Trade receivables40 | - | €8,204 | €10,023 | €4,597 | ▼ 54.1% |
| Other amounts receivable41 | €782 | €3,080 | €142 | €90 | ▼ 36.6% |
| Cash at bank and in hand54/58 | €2,992 | €21,431 | €28,159 | €12,254 | ▼ 56.5% |
| Deferred charges and accrued income490/1 | - | €524 | €358 | €2,464 | ▲ 588% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €16,717 | €60,186 | €75,744 | €76,379 | ▲ 0.8% |
| Equity10/15 | -€5,356 | -€4,965 | -€33,215 | -€62,854 | ▼ 89.2% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€7,856 | -€7,465 | -€35,715 | -€65,354 | ▼ 83.0% |
| Amounts payable17/49 | €22,073 | €65,151 | €108,959 | €139,233 | ▲ 27.8% |
| Amounts payable within one year42/48 | €22,073 | €65,151 | €108,959 | €139,233 | ▲ 27.8% |
| Trade debts44 | €10,655 | €51,088 | €93,009 | €116,785 | ▲ 25.6% |
| Suppliers440/4 | €10,655 | €51,088 | €93,009 | €116,785 | ▲ 25.6% |
| Taxes, remuneration and social security45 | €4,146 | €5,494 | €10,605 | €16,750 | ▲ 57.9% |
| Taxes450/3 | - | - | €1,387 | €1,337 | ▼ 3.6% |
| Remuneration and social security454/9 | €4,146 | €5,494 | €9,219 | €15,413 | ▲ 67.2% |
| Other amounts payable47/48 | €7,272 | €8,569 | €5,345 | €5,698 | ▲ 6.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,856 | €391 | -€28,250 | -€29,639 | ▼ 4.9% |
| + Depreciation and write-downs630 | €432 | €2,430 | €5,332 | €10,900 | ▲ 104% |
| Operating cash flow (approximation) | -€7,424 | €2,821 | -€22,918 | -€18,739 | ▲ 18.2% |
| Investment in fixed assets (approximation) | - | -€9,240 | -€15,715 | -€26,538 | ▼ 68.9% |
| Change in cash | - | €18,439 | €6,728 | -€15,905 | ▼ 336% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Weakest financial yearnet -€29,639
Net result drops to -€29,639, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 249 days late
2022
31-12
Financial
Back to profitnet €391
Net result €391 after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2021
Ground area
286 m²
Building footprint
137 m²
Volume, LiDAR
1,520 m³
Parcel 57462D0104/00F000, Wallonia · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ZONE 1830
since 20212.318.156.379
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462D0104/00F000 | Wallonia | 286 m² | 1 · 137 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTournai2.318.156.379
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,783. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
decokids@deco-kids.comTournai
Phone
0478333469Tournai
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769612846
Registered
03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.