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AFTER DRINKS

Active Private limited companyfounded 2021active for 5 yearsBoudewijnlaan 188, 9300 AalstKBO/BCE: BE 0769.600.968

Lifetime

5 annual accounts with figures on one time axis
peak €46,124 (2025)
€46,124▲ 200%
lowest -€15,617 (2023)
€36,738▲ 156%
peak €14,764 (2025)
€14,764▲ €36,738
€37,999▼ 31.2%
Board1 name since 2021
Documentsfilings and deeds
20-08-202620 days late
2025micro format
Gross margin from €15,351 to €46,124Result from €14,324 to €36,738Registered office moved from Linkebeek to Aalst 29-04Equity from -€21,974 to €14,764Debts from €55,231 to €37,999Investments €4,942

Key points

from the 2025 annual accounts

Turnover

≈ €440,000 estimated

The accounts state no turnover.

Debts

€37,999 72% of the balance sheet
Suppliers 17%Taxes and wages 27%Other 56%

Investments

€4,942 4.8 × depreciation
202120242025

Green is investment, beige is depreciation. Machinery stands 160.8% higher than in 2024.

Liquidity

1.26 was 0.58 in 2024

Short-term debts fell from €55,231 to €37,999.

Filings

5 annual accounts 5 late
AprilJune31 JulyOctober20222024

The 2022 accounts came latest: 113 days after the end of the period.

Position in the sector

€36,738

Higher net result than 83% of companies in retail trade. Sector median €5,052 · 22,922 companies.

Checked score

56
Fair
Financially stronger than 68% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.1% 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 1.8%▼ -0.3 percentage points vs 01-2025 03-2025: 1.7%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 1.7%● unchanged vs 03-2025lowest value 05-2025: 3.3%▲ +1.6 percentage points vs 04-2025 06-2025: 3.3%● unchanged vs 05-2025 07-2025: 3.4%▲ +0.1 percentage points vs 06-2025 08-2025: 4.3%▲ +0.9 percentage points vs 07-2025 09-2025: 4.3%● unchanged vs 08-2025highest value 10-2025: 2.4%▼ -1.9 percentage points vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.1%▲ +0.6 percentage points vs 04-2026 06-2026: 3.1%● unchanged vs 05-2026 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 4.1%▲ +1.0 percentage point vs 07-2026 09-2026: 1.8%▼ -2.3 percentage points vs 08-2026 10-2026: 1.8%● unchanged vs 09-2026 11-2026: 1.8%● unchanged vs 10-2026

Financial strength
Strong

53+53equity 28.0% of total assets
38-9short-term debt 72.0% · cash 21.4%
100=return on assets 69.6%

Score breakdown

raises risk
Founded in 2021
1 change of registered office in 24 months
Last filed accounts filed 20 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.26, cash €11,317
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 47, micro). It does better than 44% of them on solvency, 36% on liquidity, 96% on profitability and 95% 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 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 6,713 companies had the same profile as AFTER DRINKS has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AFTER DRINKS itself: 1.8% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,713 companies, not a prediction for AFTER DRINKS. 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

Credit of up to €500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.26 (0.58 in 2024), below the usual 1.5. Short-term debt is 72% and cash 21.4% of total assets. 72% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.26, cash €11,317
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 20 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 5 filings
Deviation from the deadline
2025
20 days late
2024
29 days late
2023
31 days late
2022
113 days late
2021
94 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 57 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 accounts filed within 62 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • DA SILVA COUTO PALPHARES Igor 100 sharesdeed of 15-06-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0769600968
Registered office moved from Linkebeek to Aalst New registered office: Boudewijnlaan 188 te 9300 Aalst · Previous registered office: Alsembergsesteenweg 34 te 1630 Linkebeek · General meeting of 19-02-2025 · Gazette deed
First establishment I.C Services, Boudewijnlaan 188, Aalst
Incorporation Founding capital of €4,000, 100 shares · Founder: DA SILVA COUTO PALPHARES Igor (comparant) · Appointment: DA SILVA COUTO PALPHARES Igor (director) · published on 15-06-2021 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
AFTER DRINKS Aalst €52,763 €46,124 28.0% -
LETSCHILL Ixelles €62,352 €67,521 -276.1% -
PIZZA EXPRESS Thuin €70,120 €67,168 -13.0% -
KJJ INVEST Eghezée €56,707 €30,466 17.3% -
A-MAU Walhain €52,404 €35,265 -106.6% -
JASPER Roeselare €57,634 €36,072 8.6% -
Hops ‘n More Leuven €98,112 €31,486 68.5% -

These companies have the same main activity as AFTER DRINKS: retail sale of beverages, general range (NACE 47252). They are comparable in size and age: total assets between €52,400 and €98,100, founded between 2018 and 2023.

Official details

Source: KBO
Status
Active since 11-06-2021Normal situation
Activity
Retail sale of beverages, general rangeNACE 47252and 2 others
Establishment unit
2.319.722.2379300 Aalst, since 19-07-2021
Financial year end
31 December
Peppol
Reachable since 11-01-2026
Company details

Annual accounts 2025

€52,763▲ 58.7%
Filing
Filed on 20-08-2026
Financials

Insights on AFTER DRINKS

AFTER DRINKS files the micro format. That format states no turnover. The gross margin rose from -€11,434 in 2021 to €46,124 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 AFTER DRINKS

What is the company number of AFTER DRINKS?
The company number of AFTER DRINKS is 0769.600.968. The VAT number is the same number with BE in front: BE 0769.600.968.
Where is AFTER DRINKS based?
The registered office is at Boudewijnlaan 188, 9300 Aalst.Company details
What does AFTER DRINKS do?
According to the KBO register, the main activity is retail sale of beverages, general range (NACE 47252).
What is the legal form of AFTER DRINKS?
AFTER DRINKS is a private limited company (BV).
When was AFTER DRINKS founded?
AFTER DRINKS was founded on 11-06-2021.
Is AFTER DRINKS still active?
Yes, AFTER DRINKS is an active enterprise in the KBO register.
What is the turnover of AFTER DRINKS?
The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €46,124 and 48 comparable companies (NACE 472). It probably lies between €250,000 and €770,000. In financial year 2021 turnover was €36,944.Financials
Is AFTER DRINKS profitable?
In financial year 2025, AFTER DRINKS made a profit of €36,738.
Where can I find the annual accounts of AFTER DRINKS?
AFTER DRINKS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AFTER DRINKS due?
AFTER DRINKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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