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889

Active
Private limited companyfounded 20224 yrs activeGrand'rue 143, 6000 Charleroi, BelgiumKBO/BCE: BE 0786.202.816
Summary

The computed 12-month bankruptcy probability of 889 is 20.5% (high). The 2025 annual accounts show negative equity (-€460,091) and a net result of -€305,015. Equity is shrinking by ~113.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 13484 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-8
Solvency0=
Growth32▼-26
Track record86
Bankruptcy probability, 12 months
20.5% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.03 in 2024; short-term debt: 394.5% and cash: 14.7% of total assets), and equity is negative.
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Signals

Nine 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
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
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 2025
Solvency, return and age of the figures
Solvency
-514.4%
Return on assets
-341%
Age of the figures
12 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€460,091
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
3 d early
2024
on the day
2023
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline

History

On 13 May 2022, 889 was incorporated as a Private limited company.1 Total assets went from EUR 487,670 in 2023 to EUR 89,448 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€460,091▼ 197%
2024 · -€155,075
Total assets
€89,448▼ 79.6%
2024 · €438,747
Net result
-€305,015▼ 531%
2024 · -€48,372
Working capital
-€304,653▲ 8.0%
2024 · -€331,295
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€131,567--€37,402▲ 71.6%-€335,662▼ 797%
Net result-€146,704--€48,372▲ 67.0%-€305,015▼ 531%
Equity-€106,704--€155,075▼ 45.3%-€460,091▼ 197%
Total assets€487,670-€438,747▼ 10.0%€89,448▼ 79.6%
Debt€594,373-€593,822▼ 0.1%€549,538▼ 7.5%
Working capital-€269,622--€331,295▼ 22.9%-€304,653▲ 8.0%
Staff (FTE)1.1-1.3▲ 18.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€400,000-€300,000-€200,000-€100,000€0Operating result 2023: -€131,567-€131,567Net result 2023: -€146,704-€146,704Operating result 2024: -€37,402-€37,402Net result 2024: -€48,372-€48,372Operating result 2025: -€335,662-€335,662Net result 2025: -€305,015-€305,015202320242025-€400,000-€300,000-€200,000-€100,000€0Operating result 2023: -€131,567-€132,000Net result 2023: -€146,704-€147,000Operating result 2024: -€37,402-€37,400Net result 2024: -€48,372-€48,400Operating result 2025: -€335,662-€336,000Net result 2025: -€305,015-€305,000202320242025
The operating result stays negative: a loss of €335,662 in 2025 against €37,402 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,448
Fixed assets €41,215 ▼ 90.4%
Current assets €48,233 ▲ 446%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€335,652▼
2024 · €4,743
Cash flow
-€305,006▼
2024 · -€6,227
Solvency
-514.4%▼
2024 · -35.3%
Current ratio
0.14▲
2024 · 0.03
Debt to equity
-1.19▲
2024 · -3.83
ROA
-341.0%▼
2024 · -11.0%
Interest coverage
-49.60▼
2024 · 0.42
Debt ≤ 1 year
€352,886▲
2024 · €340,134
Debt > 1 year
€196,226▼
2024 · €250,703
Staff costs
€82▼
2024 · €5,109
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€438,747€89,448▼
Formation expenses20€803-
Fixed assets21/28€429,105€41,215▼
Intangible fixed assets21€66,944-
Tangible fixed assets22/27€356,560€35,615▼
Land and buildings22€24,776-
Plant, machinery and equipment23€327,822€35,615▼
Furniture and vehicles24€3,962-
Financial fixed assets28€5,600€5,600=
Current assets29/58€8,839€48,233▲
Amounts receivable within one year40/41€1,231€35,127▲
Trade receivables40-€29,851
Other amounts receivable41€1,231€5,276▲
Cash at bank and in hand54/58€7,608€13,106▲
Equity and liabilities
Total equity and liabilities10/49€438,747€89,448▼
Equity10/15-€155,075-€460,091▼
Contributions10/11€40,000€40,000=
Profit (loss) carried forward14-€195,075-€500,091▼
Amounts payable17/49€593,822€549,538▼
Amounts payable after more than one year17€250,703€196,226▼
Financial debts170/4€250,703€196,226▼
Amounts payable within one year42/48€340,134€352,886▲
Current portion of amounts payable after more than one year42€70,833€99,674▲
Trade debts44€177,414€160,651▼
Suppliers440/4€177,414€160,651▼
Taxes, remuneration and social security45€886€886=
Remuneration and social security454/9€886€886=
Other amounts payable47/48€91,001€91,674▲
Accrued charges and deferred income492/3€2,985€426▼
Income statement Code20242025
Remuneration, social security and pensions62€5,109€82▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,145€10▼
Other operating charges640/8€765€209▼
Non-recurring operating charges66A-€424,307
Gross operating margin9900€10,617€88,946▲
Operating profit (loss)9901-€37,402-€335,662▼
Financial income75/76B€332€37,413▲
Recurring financial income75€332€0▼
Non-recurring financial income76B-€37,413
Financial charges65/66B€11,302€6,767▼
Recurring financial charges65€11,302€6,767▼
Profit (loss) for the period before taxes9903-€48,372-€305,015▼
Profit (loss) for the period9904-€48,372-€305,015▼
Profit (loss) for the period to be appropriated9905-€48,372-€305,015▼
Appropriation of the result
Profit (loss) to be appropriated9906-€195,075-€500,091▼
Profit (loss) brought forward from the previous period14P-€146,704-€195,075▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€10,010€5,109€82▼ 98.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,243€42,145€10▼ 100.0%
Other operating charges640/8€2,017€765€209▼ 72.7%
Non-recurring operating charges66A--€424,307-
Gross operating margin9900-€75,297€10,617€88,946▲ 738%
Operating profit (loss)9901-€131,567-€37,402-€335,662▼ 797%
Financial income75/76B€1,092€332€37,413▲ 11,176%
Recurring financial income75€1,092€332€0▼ 100.0%
Non-recurring financial income76B--€37,413-
Financial charges65/66B€16,228€11,302€6,767▼ 40.1%
Recurring financial charges65€16,228€11,302€6,767▼ 40.1%
Profit (loss) for the period before taxes9903-€146,704-€48,372-€305,015▼ 531%
Profit (loss) for the period9904-€146,704-€48,372-€305,015▼ 531%
Profit (loss) for the period to be appropriated9905-€146,704-€48,372-€305,015▼ 531%
Line202320242025Change
Assets
Total assets20/58€487,670€438,747€89,448▼ 79.6%
Formation expenses20€1,109€803--
Fixed assets21/28€468,973€429,105€41,215▼ 90.4%
Intangible fixed assets21€78,107€66,944--
Tangible fixed assets22/27€385,266€356,560€35,615▼ 90.0%
Land and buildings22€29,151€24,776--
Plant, machinery and equipment23€353,118€327,822€35,615▼ 89.1%
Furniture and vehicles24€2,998€3,962--
Financial fixed assets28€5,600€5,600€5,600=
Current assets29/58€17,587€8,839€48,233▲ 446%
Stocks and contracts in progress3€2,541---
Stocks30/36€2,541---
Amounts receivable within one year40/41€6,355€1,231€35,127▲ 2,754%
Trade receivables40€586-€29,851-
Other amounts receivable41€5,768€1,231€5,276▲ 329%
Cash at bank and in hand54/58€8,692€7,608€13,106▲ 72.3%
Equity and liabilities
Total equity and liabilities10/49€487,670€438,747€89,448▼ 79.6%
Equity10/15-€106,704-€155,075-€460,091▼ 197%
Contributions10/11€40,000€40,000€40,000=
Profit (loss) carried forward14-€146,704-€195,075-€500,091▼ 156%
Amounts payable17/49€594,373€593,822€549,538▼ 7.5%
Amounts payable after more than one year17€304,179€250,703€196,226▼ 21.7%
Financial debts170/4€304,179€250,703€196,226▼ 21.7%
Amounts payable within one year42/48€287,209€340,134€352,886▲ 3.7%
Current portion of amounts payable after more than one year42€52,507€70,833€99,674▲ 40.7%
Trade debts44€141,297€177,414€160,651▼ 9.4%
Suppliers440/4€141,297€177,414€160,651▼ 9.4%
Taxes, remuneration and social security45€10,372€886€886=
Taxes450/3€7,513---
Remuneration and social security454/9€2,859€886€886=
Other amounts payable47/48€83,033€91,001€91,674▲ 0.7%
Accrued charges and deferred income492/3€2,985€2,985€426▼ 85.7%
Line202320242025Change
Profit (loss) for the period9904-€146,704-€48,372-€305,015▼ 531%
+ Depreciation and write-downs630€44,243€42,145€10▼ 100.0%
Operating cash flow (approximation)-€102,461-€6,227-€305,006▼ 4,798%
Investment in fixed assets (approximation)--€2,276€387,880▲ 17,143%
Change in cash--€1,083€5,498▲ 607%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
27-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet -€305,015
Net result drops to -€305,015, the lowest in the series.
29-08
KBO administration Address struck
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Charleroi · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,734 m²
Parcel 52302A1138/00X000, Wallonia. Linked by address, not a title deed.
1 establishment unit
889
Grand'rue 143, 6000 CharleroiFull-service restaurants
since 20222.331.597.116
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52302A1138/00X000 Wallonia 1,734 m² - -
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 site
Charleroi2.331.597.116
1 permission
Toelating · Eetgelegenheid · since 15-10-2025

Similar companies · same sector and region

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 20,506 companies in sector 56111 we hold annual accounts for 11,451. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-05-2022
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Contact
E-mail info@fiestagrill.be
Phone +32494269100

Scores and ratios are computed by Checked and are not a credit decision.