Financials
- Financial year
- 2024
- Total assets
- €115,988
- Loss
- -€48,765
- Solvency
- 66.2%
AFTER GAME
ActiveSummary
The computed 12-month bankruptcy probability of AFTER GAME is 6.5% (elevated). The 2024 annual accounts show equity of €76,835 and a net result of -€48,765. Its solvency ranks better than 81% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€115,988total assets 2024
- Staff
- 10.8 FTE
- Equity
- €76,835
- Loss
- -€48,765
Turnover not published (micro format)
Structure
- Board
- 7 members
Accounts filed 62 days late
Why 37raises riskFigures for financial year 2024 (filed 01-10-2025)1 financial year not filed after the legal deadline; latest accounts 62 days late; 1 of the last 3 lateFounded in 2024Sector: Food and beverage service activities (NACE 56)Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 53% of its sector peers (NACE 56, micro)
Financial strength
Average
Solvency
91
equity 66.2% of total assets
Liquidity
66
short-term debt 33.8% · cash 24.3%
Profitability
0
return on assets -42.0%
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 4.6%
08-2025: 4.6%● unchanged vs 07-2025
09-2025: 4.8%▲ +0.2 percentage points vs 08-2025
10-2025: 5.1%▲ +0.3 percentage points vs 09-2025
11-2025: 3.5%▼ -1.6 percentage points vs 10-2025lowest value
12-2025: 3.5%● unchanged vs 11-2025
01-2026: 3.7%▲ +0.2 percentage points vs 12-2025
02-2026: 3.7%● unchanged vs 01-2026
03-2026: 3.6%▼ -0.1 percentage points vs 02-2026
04-2026: 3.7%▲ +0.1 percentage points vs 03-2026
05-2026: 3.6%▼ -0.1 percentage points vs 04-2026
06-2026: 3.7%▲ +0.1 percentage points vs 05-2026
07-2026: 3.7%● unchanged vs 06-2026
08-2026: 4.8%▲ +1.1 percentage points vs 07-2026
09-2026: 5.3%▲ +0.5 percentage points vs 08-2026
10-2026: 6.5%▲ +1.2 percentage points vs 09-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.81, below 1; short-term debt: 33.8% and cash: 24.3% of total assets), and 33.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 81% on solvency, 70% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 23-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 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 · 1 filingDeviation from the deadline
2024
62 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 62 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Resignations: Di Raimondo,Salvatore, Duquesne Pascal and…Reappointment: Van den Avont Arielle…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: DUQUESNE Pascal Paul, DI…
Key points
By topic
Board & ownership
- Board
- 7 members
- Van den Avont ArielleDirector
- De Reymaeker FrancisDirector
- MD LIFTDirector
- Millis DidierDirector
- Millis JidaphaDirector
and 2 other directors
Network & group
- Connected companies
- 3
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Cooperative company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 18-06-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 35
- Who signs
- Each director alone
- Annual meeting
- Last Friday of May at 18:00
- Purpose
- “L’exploitation de tout établissement du secteur Horeca, de cafés, tavernes, hôtels…” (deed in French)
- Statutory auditor
- No statutory auditor
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark Is the workforce growing, and do people stay?Employer check
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.