Turnover
≈ €260,000 estimated
The micro format states no turnover.
1997visions
Lifetime
2 annual accounts with figures on one time axispeak €71,003 (2024)
€71,003▲ 10.5%
lowest -€6,021 (2023)
€10,241▲ €16,262
peak €8,221 (2024)
€8,221▲ €10,241
€87,290▼ 18.8%
Board2 names since 2022
2 directorsDENDRINOS Vassili and 1 other
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Back to profit: €10,241Equity from -€2,021 to €8,221Debts from €107,498 to €87,290Cash from €4,238 to €7,879
Key points
from the 2024 annual accountsDebts
€87,290 91% of the balance sheet
Suppliers 14%Taxes and wages 10%Other 76%
Starting capital
€4,000 100 shares
2025 accounts not filed, 103 days past the deadline
Checked score
31
Weak
Financially stronger than 51% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
12.9% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.7%
01-2025: 5.7%● unchanged vs 12-2024lowest value
02-2025: 5.7%● unchanged vs 01-2025lowest value
03-2025: 5.7%● unchanged vs 02-2025lowest value
04-2025: 5.9%▲ +0.2 percentage points vs 03-2025
05-2025: 5.9%● unchanged vs 04-2025
06-2025: 5.8%▼ -0.1 percentage points vs 05-2025
07-2025: 6.1%▲ +0.3 percentage points vs 06-2025
08-2025: 6.7%▲ +0.6 percentage points vs 07-2025
09-2025: 6.8%▲ +0.1 percentage points vs 08-2025
10-2025: 7.1%▲ +0.3 percentage points vs 09-2025
11-2025: 6.8%▼ -0.3 percentage points vs 10-2025
12-2025: 6.8%● unchanged vs 11-2025
01-2026: 8.6%▲ +1.8 percentage points vs 12-2025
02-2026: 8.6%● unchanged vs 01-2026
03-2026: 8.5%▼ -0.1 percentage points vs 02-2026
04-2026: 10.0%▲ +1.5 percentage points vs 03-2026
05-2026: 10.9%▲ +0.9 percentage points vs 04-2026
06-2026: 10.3%▼ -0.6 percentage points vs 05-2026
07-2026: 10.3%● unchanged vs 06-2026
08-2026: 10.9%▲ +0.6 percentage points vs 07-2026
09-2026: 10.8%▼ -0.1 percentage points vs 08-2026
10-2026: 12.9%▲ +2.1 percentage points vs 09-2026highest value
11-2026: 12.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
Figures for financial year 2024 (filed on 02-10-2025)
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, micro). It does better than 32% of them on solvency, 10% on liquidity, 63% on profitability and 99% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% 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, 2,157 companies had the same profile as 1997visions has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of 1997visions itself is higher: 12.9% within 12 months. It rests on far more data about 1997visions than the profile alone.
Test of the method
The method was tested on the 497,448 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 2,157 companies, not a prediction for 1997visions. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.41 (0.29 in 2023), below 1. Short-term debt is 91.4% and cash 8.2% of total assets. 91.4% 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
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 61 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 46 days after 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 (1)
Recent changes
Registered office moved from Sint-Pieters-Leeuw to Drogenbos
Transfer of 50 shares from DENDRINOS Vassili to ROAS RAYA Esteban · New registered office: Chaussée d'Alsemberg 1404, 1620 Drogenbos · Previous registered office: Bergensesteenweg 137, 1600 Sint-Pieters-Leeuw · General meeting of 21-11-2025 · Gazette deed
Appointment: Esteban Roas Raya (director)
Gazette deed
New establishment in Drogenbos
L'Exutoire, Steenweg op Alsemberg 1404
Incorporation
Founding capital of €4,000, 100 shares · Founders: DENDRINOS Vassili and ROAS RAYA Esteban · Appointment: DENDRINOS Vassili (director) · published on 11-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| 1997visions Drogenbos | €95,511 | €71,003 | 8.6% | - |
| ZET'A Halle | €94,375 | €69,998 | 63.1% | - |
| GOLDEN OKI Machelen (Brab.) | €105,466 | €57,434 | 76.8% | - |
| Le Calimero Zaventem | €103,635 | €58,982 | 31.1% | - |
| ZAFER 1950 Seraing | €91,682 | €66,305 | 70.9% | - |
| Artibrewery Roeselare | €90,284 | €59,646 | -5.1% | - |
| LIDENSKAP Kontich | €105,594 | €77,884 | -43.8% | - |
These companies have the same main activity as 1997visions: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €90,300 and €106,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 07-10-2022Normal situation
- Activity
- Cafés and barsNACE 56301and 5 others
- Establishment units
- 2.337.272.6061600 Sint-Pieters-Leeuw, since 07-10-2022
- 2.344.603.6281620 Drogenbos, since 11-04-2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on 1997visions
The computed 12-month bankruptcy probability of 1997visions is 12.9% (high). The 2024 annual accounts show equity of €8,221 and a net result of €10,241.
Its solvency ranks better than 33% of 18,733 sector peers (NACE 56, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
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 1997visions
- What is the company number of 1997visions?
- The company number of 1997visions is 0792.212.361. The VAT number is the same number with BE in front: BE 0792.212.361.
- Where is 1997visions based?
- The registered office is at Steenweg op Alsemberg 1404, 1620 Drogenbos.Company details
- What does 1997visions do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of 1997visions?
- 1997visions is a private limited company (BV).
- When was 1997visions founded?
- 1997visions was founded on 07-10-2022.
- Is 1997visions still active?
- Yes, 1997visions is an active enterprise in the KBO register.
- How many employees does 1997visions have?
- 1997visions had an average of 5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of 1997visions?
- The turnover in financial year 2024 is ≈ €260,000. This figure is estimated from the gross margin of €71,003 and 36 comparable companies (NACE 56301). It probably lies between €210,000 and €330,000.
- Is 1997visions profitable?
- In financial year 2024, 1997visions made a profit of €10,241.
- Where can I find the annual accounts of 1997visions?
- 1997visions filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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