BACCS
ActiveSummary
The computed 12-month bankruptcy probability of BACCS is 7.5% (elevated). The 2025 annual accounts show negative equity (-€660,195) and a net result of -€276,558. Equity is shrinking by ~51.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 3762 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
7.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.65 in 2024; short-term debt: 582% and cash: 29.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Return on assets
-458.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€660,195
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 09-07-2026, 22 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
22 d early
2024
1 d early
2023
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€660,195▼ 72.1%
2024 · -€383,638
Total assets
€60,354▼ 38.2%
2024 · €97,721
Net result
-€276,558▼ 128%
2024 · -€121,144
Working capital
-€293,919▼ 490%
2024 · -€49,842
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result-€285,054--€111,016▲ 61.1%-€255,481▼ 130%
Net result-€312,494below the sector's middle half--€121,144below the sector's middle half▲ 61.2%-€276,558below the sector's middle half▼ 128%
Equity-€262,494below the sector's middle half--€383,638below the sector's middle half▼ 46.2%-€660,195below the sector's middle half▼ 72.1%
Total assets€85,830below the sector's middle half-€97,721below the sector's middle half▲ 13.9%€60,354below the sector's middle half▼ 38.2%
Debt€348,324-€481,359▲ 38.2%€720,549▲ 49.7%
Working capital€9,157within the sector's middle half--€49,842within the sector's middle half-€293,919below the sector's middle half▼ 490%
Solvency-305.8%below the sector's middle half--392.6%below the sector's middle half▼ 86.8pp
Current ratio1.12within the sector's middle half-0.65within the sector's middle half▼ 0.470.16below the sector's middle half▼ 0.49
Return on assets (ROA)-364.1%below the sector's middle half--124.0%below the sector's middle half▲ 240.1pp-458.2%below the sector's middle half▼ 334.3pp
Staff (FTE)6.9within the sector's middle half-8.9within the sector's middle half▲ 29.0%7.2within the sector's middle half▼ 19.1%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €255,481 in 2025 against €111,016 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60,354
Fixed assets
€3,025 ▼ 28.4%
Current assets
€57,329 ▼ 38.7%
Key figures and ratios
EBITDA
-€253,646▼
2024 · -€109,257
Cash flow
-€274,722▼
2024 · -€119,385
Quick ratio
0.13▼
2024 · 0.48
Debt to equity
-1.09▲
2024 · -1.25
Interest coverage
-11.76▼
2024 · -9.61
Debt ≤ 1 year
€351,248▲
2024 · €143,338
Debt > 1 year
€345,205▲
2024 · €332,345
Staff costs
€229,847▼
2024 · €234,508
A ratio outside any meaningful range has been withheld (balance sheet total €60,354, equity -€660,195).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.2%
went bankrupt
5.3%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 7.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,657 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €101 | €0 | - | - |
| Remuneration, social security and pensions62 | €413,527 | €234,508 | €229,847 | ▼ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €486 | €1,759 | €1,835 | ▲ 4.3% |
| Other operating charges640/8 | €1,220 | €797 | €815 | ▲ 2.3% |
| Gross operating margin9900 | €130,179 | €126,048 | -€22,984 | ▼ 118% |
| Operating profit (loss)9901 | -€285,054 | -€111,016 | -€255,481 | ▼ 130% |
| Financial income75/76B | €582 | €1,241 | €485 | ▼ 60.9% |
| Recurring financial income75 | €582 | €1,241 | €485 | ▼ 60.9% |
| Financial charges65/66B | €28,022 | €11,370 | €21,561 | ▲ 89.6% |
| Recurring financial charges65 | €28,022 | €11,370 | €21,561 | ▲ 89.6% |
| Profit (loss) for the period before taxes9903 | -€312,494 | -€121,144 | -€276,558 | ▼ 128% |
| Profit (loss) for the period9904 | -€312,494 | -€121,144 | -€276,558 | ▼ 128% |
| Profit (loss) for the period to be appropriated9905 | -€312,494 | -€121,144 | -€276,558 | ▼ 128% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €85,830 | €97,721 | €60,354 | ▼ 38.2% |
| Fixed assets21/28 | €2,214 | €4,225 | €3,025 | ▼ 28.4% |
| Tangible fixed assets22/27 | €2,025 | €4,036 | €2,836 | ▼ 29.7% |
| Plant, machinery and equipment23 | €2,025 | €1,523 | €1,580 | ▲ 3.7% |
| Furniture and vehicles24 | - | €2,513 | €1,257 | ▼ 50.0% |
| Financial fixed assets28 | €189 | €189 | €189 | = |
| Current assets29/58 | €83,616 | €93,496 | €57,329 | ▼ 38.7% |
| Stocks and contracts in progress3 | €20,983 | €24,148 | €13,080 | ▼ 45.8% |
| Stocks30/36 | €20,983 | €24,148 | €13,080 | ▼ 45.8% |
| Amounts receivable within one year40/41 | €34,510 | €54,523 | €24,596 | ▼ 54.9% |
| Trade receivables40 | €33,927 | €50,882 | €18,646 | ▼ 63.4% |
| Other amounts receivable41 | €583 | €3,641 | €5,950 | ▲ 63.4% |
| Cash at bank and in hand54/58 | €27,335 | €13,282 | €18,074 | ▲ 36.1% |
| Deferred charges and accrued income490/1 | €788 | €1,543 | €1,579 | ▲ 2.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €85,830 | €97,721 | €60,354 | ▼ 38.2% |
| Equity10/15 | -€262,494 | -€383,638 | -€660,195 | ▼ 72.1% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€312,494 | -€433,638 | -€710,195 | ▼ 63.8% |
| Amounts payable17/49 | €348,324 | €481,359 | €720,549 | ▲ 49.7% |
| Amounts payable after more than one year17 | €265,000 | €332,345 | €345,205 | ▲ 3.9% |
| Financial debts170/4 | €265,000 | €332,345 | €93,324 | ▼ 71.9% |
| Other amounts payable178/9 | - | - | €251,880 | - |
| Amounts payable within one year42/48 | €74,459 | €143,338 | €351,248 | ▲ 145% |
| Trade debts44 | €45,067 | €117,790 | €330,119 | ▲ 180% |
| Suppliers440/4 | €45,067 | €117,790 | €330,119 | ▲ 180% |
| Taxes, remuneration and social security45 | €29,392 | €25,548 | €21,128 | ▼ 17.3% |
| Taxes450/3 | €2,786 | €1,456 | €2,290 | ▲ 57.3% |
| Remuneration and social security454/9 | €26,607 | €24,092 | €18,839 | ▼ 21.8% |
| Accrued charges and deferred income492/3 | €8,865 | €5,675 | €24,097 | ▲ 325% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€312,494 | -€121,144 | -€276,558 | ▼ 128% |
| + Depreciation and write-downs630 | €486 | €1,759 | €1,835 | ▲ 4.3% |
| Operating cash flow (approximation) | -€312,007 | -€119,385 | -€274,722 | ▼ 130% |
| Investment in fixed assets (approximation) | - | -€3,770 | -€635 | ▲ 83.2% |
| Change in cash | - | -€14,054 | €4,793 | ▲ 134% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2022
Ground area
2,188 m²
Building footprint
1,374 m²
Volume, LiDAR
23,553 m³
Parcel 44808H0001/00G037, Flanders · tallest building 25.6 m, ±7 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Ce's Arts
since 20222.328.246.557
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0001/00G037 | Flanders | 2,188 m² | 1 · 1,374 m² | 25.6 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.328.246.557
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 2,546 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
10850Manufacture of food products
56220Contract catering and other food service activities
56301Cafés and bars
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782631434
Registered
24-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.