RESTO56
ActiveThe computed 12-month bankruptcy probability of RESTO56 is 4.2% (elevated). The 2024 annual accounts show equity of €33k and a net result of €-4k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 18940 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▲+55
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity ample (current ratio 98.43 against 7.44 in 2023; short-term debt: 0.6% and cash: 58.6% of total assets), and 0.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
99.4%
Return on assets
-11.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
67 d late
2021
45 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€122k
EBIT margin
4.3%
Net result
€-4k▲ 71.4%
2023 · €-13k
2018: €3k
2019: €14k
2020: €-2k
2021: €15k
2022: €5k
2023: €-13k
2018 → 2024
Working capital
€19k▲ 10.0%
2023 · €17k
2018: €-31k
2019: €10k
2020: €17k
2021: €18k
2022: €25k
2023: €17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€122k
Equity€27k-€44k▲ 61.7%€49k▲ 11.8%€36k▼ 26.2%€33k▼ 10.2%
Operating result€-1k-€16k€5k▼ 66.9%€-13k€-4k▲ 71.8%
Net result€-2k-€15k€5k▼ 65.9%€-13k€-4k▲ 71.4%
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 €4k in 2024 against €13k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€13k▼ 28.8%
Current assets
€19k▼ 3.8%
Equity and liabilities €33k
Equity
€33k▼ 10.2%
Debt
€197▼ 92.7%
The debt ratio falls from 6.9% to 0.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▲
2023 · €-7k
Cash flow
€2k▲
2023 · €-7k
Solvency
99.4%▲
2023 · 93.1%
Current ratio
98.43▲
2023 · 7.44
Quick ratio
98.43▲
2023 · 7.44
Debt / equity
0.01▼
2023 · 0.07
ROE
-11.3%▲
2023 · -35.5%
ROA
-11.2%▲
2023 · -33.1%
Interest coverage
19.93▲
2023 · -107.54
Debt
€197▼
2023 · €3k
Debt ≤ 1 year
€197▼
2023 · €3k
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€39k€33k▼
Fixed assets21/28€19k€13k▼
Intangible fixed assets21€16k€11k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Current assets29/58€20k€19k▼
Amounts receivable within one year40/41€153€153=
Other amounts receivable41€153€153=
Cash at bank and in hand54/58€20k€19k▼
Equity and liabilities
Total equity and liabilities10/49€39k€33k▼
Equity10/15€36k€33k▼
Contributions10/11€14k€14k=
Reserves13€685€685=
Non-distributable reserves130/1€685€685=
Reserves not available under the articles1311€685€685=
Profit (loss) carried forward14€22k€18k▼
Amounts payable17/49€3k€197▼
Amounts payable within one year42/48€3k€197▼
Other amounts payable47/48€3k€197▼
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€478€184▼
Gross operating margin9900€-7k€2k▲
Operating profit (loss)9901€-13k€-4k▲
Financial income75/76B-€24
Recurring financial income75-€24
Financial charges65/66B€69€91▲
Recurring financial charges65€69€91▲
Profit (loss) for the period before taxes9903€-13k€-4k▲
Profit (loss) for the period9904€-13k€-4k▲
Profit (loss) for the period to be appropriated9905€-13k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€18k▼
Profit (loss) brought forward from the previous period14P€35k€22k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Liquidity times 13current ratio 98.43
Current ratio from 7.44 to 98.43; short-term debt falls from €3k to €197.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-13k ▼348%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 7.44
Current ratio from 2.95 to 7.44; short-term debt falls from €13k to €3k.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 1.47
Current ratio from 0.49 to 1.47; short-term debt falls from €61k to €21k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel
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.
Kernstraat 221000 BrusselGround area
105 m²
Building footprint
65 m²
Volume, LiDAR
1,000 m³
Parcel 21808H1875/00A002, Brussels · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1875/00A002 | Brussels | 105 m² | 1 · 65 m² | 17.1 m · 5 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.
Similar companies · same sector, comparable size
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BE 0764.940.812
Stabroek · Eq €33k
XENTROGRAPHICS
BE 0476.661.760
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BRUSKETTA
BE 0889.091.508
Antwerpen · Eq €33k
EVOR
BE 1008.213.446
Beveren-Kruibeke-Zwijndrecht · Eq €33k
Of 20,499 companies in sector 56111 we hold annual accounts for 11,450. 9,553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-02-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.