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Antwerp Boulevard

Active
Private limited companyfounded 2007active for 19 yearsDe Keyserlei 27, 2018 Antwerpen, BelgiumKBO/BCE: BE 0892.151.857

The file of Antwerp Boulevard contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 10.0% (high). The 2025 annual accounts show equity of €720,614 and a net result of €472,586. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 4,666 sector peers (NACE 56, financial year 2025).

Overview

Activity
Full-service restaurants
NACE 56111Cafés and bars NACE 56301
4 sites
Size
€3.0mtotal assets 2025
Staff
57.6 FTE
Equity
€720,614
Profit
€472,586
Turnover not published (abbreviated format)
Financial health
35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
10.0%
Structure
Holdings
1
Accounts 93 days early0 of 4 deeds read
Why 35raises riskReorganisation plan being carried out (approved, Gazette 25-03-2025)Sector: Food and beverage service activities (NACE 56)lowers riskFounded in 2007Figures for financial year 2025 (filed 29-04-2026)Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 71% of its sector peers (NACE 56, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 49+12
equity 23.9% of total assets
Liquidity 54+2
short-term debt 42.1% · cash 19.4%
Profitability 79-21
return on assets 15.7%
Bankruptcy probability, 12 months
10.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (68 companies, NACE 56, medium-sized)
Last 24 months 11-2024: 1.5%lowest value 12-2024: 1.5%● unchanged vs 11-2024lowest value 04-2025: 14.6%highest value 05-2025: 14.6%● unchanged vs 04-2025highest value 06-2025: 14.6%● unchanged vs 05-2025highest value 07-2025: 14.6%● unchanged vs 06-2025highest value 08-2025: 14.6%● unchanged vs 07-2025highest value 09-2025: 14.6%● unchanged vs 08-2025highest value 10-2025: 14.6%● unchanged vs 09-2025highest value 11-2025: 14.6%● unchanged vs 10-2025highest value 12-2025: 14.6%● unchanged vs 11-2025highest value 01-2026: 14.6%● unchanged vs 12-2025highest value 02-2026: 14.6%● unchanged vs 01-2026highest value 03-2026: 14.6%● unchanged vs 02-2026highest value 04-2026: 10.0%▼ -4.6 percentage points vs 03-2026 05-2026: 10.0%● unchanged vs 04-2026 06-2026: 10.0%● unchanged vs 05-2026 07-2026: 10.0%● unchanged vs 06-2026 08-2026: 10.0%● unchanged vs 07-2026 09-2026: 10.0%● unchanged vs 08-2026 10-2026: 10.0%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms, only on tighter conditions: judicial reorganisation (WER Book XX) on file
Liquidity ample (current ratio 1.93, compared with 1.24 in 2024, above the usual 1.5; short-term debt: 42.1% and cash: 19.4% of total assets), but 76.1% 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, medium-sized): better than 48% on solvency, 71% on liquidity, 74% on profitability and 89% on growth.

The bankruptcy probability was computed on 17-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Reorganisation plan being carried out (approved, Gazette 25-03-2025)
While the plan runs, the probability is at least 10.0%: the measured failure rate of plans of that age.
Belgian Official Gazette
lowers risk · Founded in 2007
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 29-04-2026)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
93 days early
2024
29 days late
2023
30 days late
2022
64 days late
2021
130 days early
2020
109 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% 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 29 August (4 of the last 5 filed years within 122 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Equity above €500,000equity €720,614 ▲191%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Equity rose in 2025from €248,028 to €720,614 ▲ 191% View
  • Positive: Among the best 5% on net resultsector median €10,450 · 4,661 companies €472,586 View
  • Positive: 5 profitable years in a rowprofit 2025: €472,586 5 years View

By topic

Financials

Financial year
2025
Total assets
€3.0m
Profit
€472,586
Solvency
23.9%
Total assets▲ 45.4%
Net result
20192025
Go to Financials

Timeline

Events
21
Since
2012
Next accounts
by 31-07-2027
  1. 25-03-2025Plan homologation
  2. 31-12-2024Highest result from 2019 to 2025
  3. 31-12-2024Equity above €200,000
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
19-09-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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