RESTIAU
ActiveRESTIAU has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €88k. Equity is shrinking by ~50.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 16% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▼-36
Solvency26▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.51 against 1.42 in 2023; short-term debt: 88.5% and cash: 0.1% of total assets), and 99.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9716 sector peers (2024).
NBB · sector comparisonPosition among 9716 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
5 d early
2022
3 d early
2021
12 d early
2020
19 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€26k
2023 · €-62k
2018: €351k
2019: €151k
2020: €106k
2021: €26k
2022: €389k
2023: €-62k
2018 → 2024
Total assets
€3.79M▲ 160%
2023 · €1.46M
2018: €1.52M
2019: €1.53M
2020: €2.02M
2021: €2.83M
2022: €1.90M
2023: €1.46M
2018 → 2024
Net result
€88k▼ 49.6%
2023 · €174k
2018: €-46k
2019: €-194k
2020: €-39k
2021: €-74k
2022: €531k
2023: €174k
2018 → 2024
Working capital
€-1.64M
2023 · €436k
2018: €-217k
2019: €-515k
2020: €-1.11M
2021: €-508k
2022: €973k
2023: €436k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€106k-€26k▼ 75.6%€389k▲ 1,406%€-62k€26k
Operating result€-11k-€-41k▼ 269%€560k€219k▼ 60.9%€186k▼ 15.2%
Net result€-39k-€-74k▼ 91.3%€531k€174k▼ 67.2%€88k▼ 49.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.79M
Fixed assets
€2.08M▲ 376,545%
Current assets
€1.71M▲ 17.3%
Equity and liabilities €3.79M
Equity
€26k
Debt
€3.77M
Debt finances 99.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€206k▼
2023 · €219k
Cash flow
€109k▼
2023 · €174k
Solvency
0.7%▲
2023 · -4.2%
Current ratio
0.51▼
2023 · 1.42
Quick ratio
0.00▼
2023 · 0.15
ROE
333.4%
ROA
2.3%▼
2023 · 11.9%
Interest coverage
2.11▼
2023 · 4.91
Debt
€3.77M▲
2023 · €1.52M
Debt ≤ 1 year
€3.36M▲
2023 · €1.03M
Debt > 1 year
€411k▼
2023 · €498k
A ratio outside any meaningful range has been withheld (balance sheet total €3.79M, equity €26k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.46M€3.79M▲
Fixed assets21/28€552€2.08M▲
Tangible fixed assets22/27-€2.08M
Land and buildings22-€2.08M
Financial fixed assets28€552€452▼
Current assets29/58€1.46M€1.71M▲
Stocks and contracts in progress3€1.31M€1.71M▲
Stocks30/36€1.31M€1.71M▲
Amounts receivable within one year40/41€95k-
Trade receivables40€20k-
Other amounts receivable41€75k-
Cash at bank and in hand54/58€55k€4k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€1.46M€3.79M▲
Equity10/15€-62k€26k▲
Contributions10/11€125k€125k=
Profit (loss) carried forward14€-187k€-99k▲
Amounts payable17/49€1.52M€3.77M▲
Amounts payable after more than one year17€498k€411k▼
Financial debts170/4€498k€411k▼
Amounts payable within one year42/48€1.03M€3.36M▲
Current portion of amounts payable after more than one year42€87k€87k=
Financial debts43€938k€2.86M▲
Credit institutions430/8€938k€2.86M▲
Trade debts44€30€6k▲
Suppliers440/4€30€6k▲
Taxes, remuneration and social security45-€31
Taxes450/3-€31
Other amounts payable47/48€2k€400k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€206€21k▲
Other operating charges640/8€3k€98k▲
Gross operating margin9900€222k€304k▲
Operating profit (loss)9901€219k€186k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€45k€98k▲
Recurring financial charges65€45k€98k▲
Profit (loss) for the period before taxes9903€174k€88k▼
Profit (loss) for the period9904€174k€88k▼
Profit (loss) for the period to be appropriated9905€174k€88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-187k€-99k▲
Profit (loss) brought forward from the previous period14P€-361k€-187k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €531k
Net result €531k after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.05
Current ratio from 0.64 to 2.05; short-term debt falls from €1.40M to €927k.
31-12
Financial
Equity above €200kEq €389k ▲1406%
Equity rises from €26k to €389k.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-194k
Net result drops to €-194k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brasschaat · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Baillet-Latourlei 1112930 BrasschaatGround area
6,722 m²
Building footprint
453 m²
Volume, LiDAR
2,847 m³
Parcel 11322E0133/00T002, Flanders · tallest building 20.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RESTIAU
since 20042.143.125.522
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0133/00T002 | Flanders | 6,721 m² | 1 · 453 m² | 20.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,382 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2004
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
43990Other specialised construction activities
43999Specialised construction activities
45250
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74142
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.