Equity
-€157,196
Debts exceed assets in financial year 2025.
Absjaar
Lifetime
10 annual accounts with figures on one time axispeak of €213,906 in 2025
€213,906▲ 148%
lowest -€49,132 in 2018
-€44,657▼ €46,393
peak of €18,913 in 2016
-€157,196▼ €44,657
€354,807▼ 12.9%
peak of 5.4 FTE in 2025
5.4 FTE▲ 218%
Board3 names since 2015
1 director
Documentsfilings and deeds
24-07-20267 days before the deadline
2025abbreviated format
Gross margin from €86,242 to €213,906Loss of €44,657Staff from 1.7 FTE to 5.4 FTEEquity from -€112,539 to -€157,196Cash from €107,466 to €37,293
Key points
from the 2025 annual accountsTurnover
≈ €640,000 estimated
The abbreviated format states no turnover.
Debts
€354,807 180% of the balance sheet
Suppliers 8%Taxes and wages 7%Other 85%
Staff
5.4 FTE ▲ 218%
More staff in 2025 from 1.7 FTE to 5.4 FTE.
Filings
10 annual accounts 1 late
The 2020 accounts came 27 days late. The other nine were filed on time.
Position in the sector
-€157,196
Less equity than 92% of companies in food and beverage service. Sector median €120,789 · 4,132 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as Absjaar has now. Each dot stands for 18 companies, two years later.
85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for Absjaar. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0631683893
Registered office moved within Antwerp
The registered office moved from Albert Dickschenstraat 6, 2610 Antwerpen to Sint-Jansvliet 13, 2000 Antwerpen · Resignation: (director) · Director discharge: · General meeting of 01-09-2024 · Gazette deed
New establishment in Antwerp
Den Absjaar, Sint-Jansvliet 15
Registered office moved from Antwerp to Antawerpen
The registered office moved from Bredastraat 107, 2060 Antwerpen to Albert Dickschenstraat 6, 2610 Antawerpen · General meeting of 01-09-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Absjaar Antwerp | €197,611 | €213,906 | -79.5% | 5.4 |
| BAR POPULAR Mechelen | €215,575 | €198,827 | 15.3% | 6.4 |
| BUDDHA BAR Blankenberge | €221,798 | €192,462 | 66.0% | 4.5 |
| LES ORGANISATEURS Ixelles | €184,364 | €306,867 | -88.6% | 5.1 |
| Cafe du theatre Bruges | €231,488 | €310,767 | 41.8% | 6.1 |
| GET YOUR MUG Bassenge | €149,807 | €208,509 | 23.1% | 6.3 |
| PEDUSA Antwerp | €306,606 | €337,415 | 74.6% | 6.2 |
These companies have the same main activity as Absjaar: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €150,000 and €307,000, founded between 2011 and 2017.
Official details
Source: KBO- Status
- Active since 02-06-2015Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment units
- 2.245.532.9742000 Antwerp, registered on 02-06-2015
- 2.375.370.9392000 Antwerp, since 01-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2025
Annual accounts 2025
- €197,611▼ 33.0%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on Absjaar
Absjaar files the abbreviated format. That format states no turnover. The gross margin rose from €29,571 in 2016 to €213,906 in 2025.
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 Absjaar
- What is the company number of Absjaar?
- The company number of Absjaar is 0631.683.893. The VAT number is the same number with BE in front: BE 0631.683.893.
- Where is Absjaar based?
- The registered office is at Sint-Jansvliet 13, 2000 Antwerp.Company details
- What does Absjaar do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of Absjaar?
- Absjaar is a private limited company (BV).
- When was Absjaar founded?
- Absjaar was founded on 02-06-2015.
- Is Absjaar still active?
- Yes, Absjaar is an active enterprise in the KBO register.
- How many employees does Absjaar have?
- Absjaar had an average of 5.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Absjaar?
- The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €213,906 and 46 comparable companies (NACE 56301). It probably lies between €510,000 and €860,000.
- Is Absjaar profitable?
- In financial year 2025, Absjaar made a loss of €44,657.
- Where can I find the annual accounts of Absjaar?
- Absjaar filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Absjaar due?
- Absjaar must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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