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118

Active
Private limited company·Activiteiten van eetgelegenheden met volledige bediening· 5 yrs active
Kapelstraat 51 ·3500 Hasselt, Belgium
BE 0759.489.907
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Turnover
EBIT margin
Net result€-139k-533.6%
Working capital€-432k-84.7%

Conclusion

the dossier summarised in one paragraph

The file of 118 contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show negative equity (€-227k) and a net result of €-139k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 169 sector peers (fiscal year 2025).

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
≥ 25% High
0%0,5%1,5%4%10%≥25%
Judicial reorganisation on record +Higher-failure-rate sector +Young company +

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Insolvency timeline

2 events
07-02-2023
Judicial reorganisation Plan homologation
Date: 20-01-2023 · Ondernemingsrechtbank Antwerpen · 20220017 · Publications in State Gazette ↗
14-11-2022
Judicial reorganisation Opening
Date: 21-10-2022 · Ondernemingsrechtbank Antwerpen · collectif · Publications in State Gazette ↗

Connections

2 connected companies
JUSTHIB
Parent · 2 subsidiaries · 1 location
Control
All 2 connections

Trust signals

1 signal
In judicial reorganisation
Ongoing reorganisation procedure — the company is restructuring under court protection.

Administrative Flags

0 events
No administrative flags

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111
Primary activity highlighted.
Names & trade names
Legal nameNL 118
Registered office
Kapelstraat 51 bus 1
3500 Hasselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.