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AS BXL

Active
Private limited companyfounded 2018active for 8 yearsDendermondsesteenweg 235, 9040 Ghent, BelgiumKBO/BCE: BE 0692.834.178
Summary

AS BXL has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,213 and a net result of €188. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 92% of 17,054 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-03-2018 Normal situation
Activity
Full-service restaurants NACE 56111and 1 other
Establishment unit
2.274.729.083 9040 Ghent, since 01-04-2018
Financial year end
31 December
Peppol
Reachable since 14-11-2025

Board and ownership

Board
Shareholders
  • KIRAN Kerimdeed of 04-05-2026

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€1,545
▼ 85.8%
Turnover
≈ €16,000
estimated
Profit
€188
▼ 96.6%
Equity
€25,213
▲ 0.8%
Total assets
€30,494
▼ 3.7%
Staff
≈ 0.1 FTE
estimated
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: total assets €30,494lowers riskLiquidity: current ratio 5.75, cash €22,218Equity €25,213 (82.7% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 82.7% of total assets
Liquidity 95+2
short-term debt 17.3% · cash 72.9%
Profitability 39-42
return on assets 0.6%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025highest value 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.5%▼ -0.3 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.4%▼ -0.1 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.75 (4.75 in 2024), above the usual 1.5. Short-term debt is 17.3% and cash 72.9% of total assets. 17.3% of the assets are financed with debt and provisions.
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 56, micro). It does better than 94% of them on solvency, 95% on liquidity, 31% on profitability and 43% on growth.

The bankruptcy probability was computed on 04-11-2026 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 very low class on 30-06-2025, 0.1% 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.75, cash €22,218
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €30,494
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €25,213 (82.7% of total assets)
NBB · annual accounts
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 08-06-2026, 53 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
53 days early
2024
59 days early
2023
7 days late
2022
25 days late
2021
60 days late
2020
87 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 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 8 August (4 of the last 5 accounts filed within 61 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 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

Key points

  • Positive: Higher solvency than 92% of companies in food and beverage servicesector median 29.6% · 17,054 companies 82.7% View
  • New directorlatest change 31-03-2026 · 2 in office 1 joined View

Recent changes

  1. · Gazette deed Transfer of 181 shares from Altikat Serhan to KIRAN KerimResignation: KIRAN Kerim (director) · Appointment: KIRAN Kerim (director) · Director discharge: KIRAN Kerim
  2. · Gazette deed Change of role: ALTIKAT Serhan, from manager to directorLegal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: ALTIKAT Serhan
  3. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as AS BXL: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €27,800 and €38,400, founded between 2017 and 2019.

CompanyTotal assetsGross margin
AS BXL Ghent€30,494€1,545
M&Hfood Molenbeek-Saint-Jean€28,748€1,389
RJ CHAUFFAGE Bernissart€35,567€1,669
LOVE FOR FOOD Aalter€28,944-€2,498
YVENT Binche€34,241€1,203
LES 3 SIRENES Tubize€38,390€1,548
O’NÉ Avelgem€27,752€2,324
Full comparison

Key facts about AS BXL

What is the company number of AS BXL?
The company number of AS BXL is 0692.834.178. The VAT number is the same number with BE in front: BE 0692.834.178.
Where is AS BXL based?
The registered office is at Dendermondsesteenweg 235, 9040 Ghent.Company details
What does AS BXL do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of AS BXL?
AS BXL is a private limited company (BV).
When was AS BXL founded?
AS BXL was founded on 23-03-2018.
Is AS BXL still active?
Yes, AS BXL is an active enterprise in the KBO register.
How many employees does AS BXL have?
AS BXL had an average of 0.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of AS BXL?
The turnover in financial year 2025 is ≈ €16,000. This figure is estimated from the gross margin of €1,545 and 92 comparable companies (NACE 56111). It probably lies between €8,000 and €33,000. It is a rough estimate.
Is AS BXL profitable?
In financial year 2025, AS BXL made a profit of €188.
Where can I find the annual accounts of AS BXL?
AS BXL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AS BXL due?
AS BXL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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