BADASS
ActiveSummary
The computed 12-month bankruptcy probability of BADASS is 6.3% (elevated). The 2025 annual accounts show negative equity (-€62,253) and a net result of -€3,153. Equity is shrinking by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 13604 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability24▲+24
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64 against 0.27 in 2024; short-term debt: 87.7% and cash: 26.5% 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
Solvency
-279.3%
Return on assets
-14.1%
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
2122232425
2021 to 2025 · latest year -€62,253
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 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
30 d early
2024
44 d early
2023
49 d early
2022
46 d early
2021
72 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 48 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. Usually files around 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?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 What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€62,253▼ 5.3%
2024 · -€59,100
Total assets
€22,292=
2024 · €22,296
Net result
-€3,153▲ 69.8%
2024 · -€10,442
Working capital
-€6,988▲ 59.0%
2024 · -€17,029
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
Line20212022202320242025
Operating result-€15,613--€30,812▼ 97.4%-€12,898▲ 58.1%-€9,172▲ 28.9%-€1,509▲ 83.5%
Net result-€17,186below the sector's middle half--€32,296below the sector's middle half▼ 87.9%-€14,177below the sector's middle half▲ 56.1%-€10,442below the sector's middle half▲ 26.3%-€3,153within the sector's middle half▲ 69.8%
Equity-€2,186below the sector's middle half--€34,482below the sector's middle half▼ 1,477%-€48,659below the sector's middle half▼ 41.1%-€59,100below the sector's middle half▼ 21.5%-€62,253below the sector's middle half▼ 5.3%
Total assets€55,735within the sector's middle half-€47,366within the sector's middle half▼ 15.0%€32,968below the sector's middle half▼ 30.4%€22,296below the sector's middle half▼ 32.4%€22,292below the sector's middle half=
Debt€57,921-€81,848▲ 41.3%€81,627▼ 0.3%€81,396▼ 0.3%€84,545▲ 3.9%
Working capital€8,516within the sector's middle half-€3,282within the sector's middle half▼ 61.5%-€20,021within the sector's middle half-€17,029within the sector's middle half▲ 14.9%-€6,988within the sector's middle half▲ 59.0%
Solvency-3.9%below the sector's middle half--72.8%below the sector's middle half▼ 68.9pp-147.6%below the sector's middle half▼ 74.8pp-265.1%below the sector's middle half▼ 117.5pp-279.3%below the sector's middle half▼ 14.2pp
Current ratio2.08within the sector's middle half-1.28within the sector's middle half▼ 0.800.32below the sector's middle half▼ 0.950.27below the sector's middle half▼ 0.050.64within the sector's middle half▲ 0.37
Return on assets (ROA)-30.8%below the sector's middle half--68.2%below the sector's middle half▼ 37.3pp-43.0%below the sector's middle half▲ 25.2pp-46.8%below the sector's middle half▼ 3.8pp-14.1%below the sector's middle half▲ 32.7pp
Staff (FTE)1-1=1.5▲ 50.0%1▼ 33.3%
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,509 in 2025 against €9,172 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22,292
Fixed assets
€9,734 ▼ 38.9%
Current assets
€12,557 ▲ 97.2%
Key figures and ratios
EBITDA
€4,581▲
2024 · -€259
Cash flow
€2,937▲
2024 · -€1,529
Quick ratio
0.31▲
2024 · 0.03
Debt to equity
-1.36▲
2024 · -1.38
Interest coverage
2.79▲
2024 · -0.20
Debt ≤ 1 year
€19,545▼
2024 · €23,396
Debt > 1 year
€65,000▲
2024 · €52,000
Staff costs
€24,450▼
2024 · €44,122
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.3% 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 6,038 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €39,723 | €3,332 | €20,383 | €44,122 | €24,450 | ▼ 44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,223 | €10,494 | €10,526 | €8,913 | €6,090 | ▼ 31.7% |
| Other operating charges640/8 | €694 | €1,054 | €2,442 | €2,200 | €3,879 | ▲ 76.3% |
| Non-recurring operating charges66A | - | €50 | - | - | - | - |
| Gross operating margin9900 | €37,028 | -€15,882 | €20,452 | €46,062 | €32,910 | ▼ 28.6% |
| Operating profit (loss)9901 | -€15,613 | -€30,812 | -€12,898 | -€9,172 | -€1,509 | ▲ 83.5% |
| Financial income75/76B | €35 | €21 | €24 | €30 | - | - |
| Recurring financial income75 | €35 | €21 | €24 | €30 | - | - |
| Financial charges65/66B | €1,608 | €1,505 | €1,303 | €1,300 | €1,644 | ▲ 26.4% |
| Recurring financial charges65 | €1,608 | €1,505 | €1,303 | €1,300 | €1,644 | ▲ 26.4% |
| Profit (loss) for the period before taxes9903 | -€17,186 | -€32,296 | -€14,177 | -€10,442 | -€3,153 | ▲ 69.8% |
| Profit (loss) for the period9904 | -€17,186 | -€32,296 | -€14,177 | -€10,442 | -€3,153 | ▲ 69.8% |
| Profit (loss) for the period to be appropriated9905 | -€17,186 | -€32,296 | -€14,177 | -€10,442 | -€3,153 | ▲ 69.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €55,735 | €47,366 | €32,968 | €22,296 | €22,292 | = |
| Fixed assets21/28 | €39,298 | €32,236 | €23,362 | €15,929 | €9,734 | ▼ 38.9% |
| Tangible fixed assets22/27 | €39,298 | €32,236 | €23,362 | €15,929 | €9,734 | ▼ 38.9% |
| Land and buildings22 | €2,549 | €2,912 | €3,037 | €1,885 | €841 | ▼ 55.4% |
| Plant, machinery and equipment23 | €32,114 | €24,474 | €17,230 | €10,893 | €7,469 | ▼ 31.4% |
| Furniture and vehicles24 | €2,795 | €3,398 | €2,030 | €2,472 | €1,134 | ▼ 54.1% |
| Other tangible fixed assets26 | €1,839 | €1,452 | €1,065 | €678 | €290 | ▼ 57.1% |
| Current assets29/58 | €16,437 | €15,130 | €9,606 | €6,367 | €12,557 | ▲ 97.2% |
| Stocks and contracts in progress3 | €8,546 | €8,664 | €9,518 | €5,760 | €6,561 | ▲ 13.9% |
| Stocks30/36 | €8,546 | €8,664 | €9,518 | €5,760 | €6,561 | ▲ 13.9% |
| Amounts receivable within one year40/41 | €1,030 | €1,062 | €88 | €44 | €82 | ▲ 85.0% |
| Trade receivables40 | €136 | - | - | - | - | - |
| Other amounts receivable41 | €894 | €1,062 | €88 | €44 | €82 | ▲ 85.0% |
| Cash at bank and in hand54/58 | - | €1,459 | - | €563 | €5,914 | ▲ 951% |
| Deferred charges and accrued income490/1 | €6,860 | €3,945 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €55,735 | €47,366 | €32,968 | €22,296 | €22,292 | = |
| Equity10/15 | -€2,186 | -€34,482 | -€48,659 | -€59,100 | -€62,253 | ▼ 5.3% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€17,186 | -€49,482 | -€63,659 | -€74,100 | -€77,253 | ▼ 4.3% |
| Amounts payable17/49 | €57,921 | €81,848 | €81,627 | €81,396 | €84,545 | ▲ 3.9% |
| Amounts payable after more than one year17 | €50,000 | €70,000 | €52,000 | €52,000 | €65,000 | ▲ 25.0% |
| Financial debts170/4 | €50,000 | €70,000 | €52,000 | €52,000 | €65,000 | ▲ 25.0% |
| Amounts payable within one year42/48 | €7,921 | €11,848 | €29,627 | €23,396 | €19,545 | ▼ 16.5% |
| Financial debts43 | €3,890 | €8,896 | €6,143 | - | - | - |
| Credit institutions430/8 | €3,890 | €8,896 | €6,143 | - | - | - |
| Trade debts44 | €58 | €880 | €14,703 | €6,456 | €9,110 | ▲ 41.1% |
| Suppliers440/4 | €58 | €880 | €14,703 | €6,456 | €9,110 | ▲ 41.1% |
| Taxes, remuneration and social security45 | €243 | €164 | €8,180 | €8,774 | €5,383 | ▼ 38.6% |
| Taxes450/3 | - | - | €1,611 | €4,411 | - | - |
| Remuneration and social security454/9 | €243 | €164 | €6,569 | €4,364 | €5,383 | ▲ 23.4% |
| Other amounts payable47/48 | €3,730 | €1,908 | €600 | €8,166 | €5,052 | ▼ 38.1% |
| Accrued charges and deferred income492/3 | - | - | - | €6,000 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,186 | -€32,296 | -€14,177 | -€10,442 | -€3,153 | ▲ 69.8% |
| + Depreciation and write-downs630 | €12,223 | €10,494 | €10,526 | €8,913 | €6,090 | ▼ 31.7% |
| Operating cash flow (approximation) | -€4,963 | -€21,802 | -€3,650 | -€1,529 | €2,937 | ▲ 292% |
| Investment in fixed assets (approximation) | - | -€3,432 | -€1,652 | -€1,479 | €104 | ▲ 107% |
| Change in cash | - | - | - | - | €5,352 | - |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€32,296
Net result drops to -€32,296, the lowest in the series; recovery starts the following year.
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Antwerpen · 1 establishment unit since 2023
Ground area
103 m²
Building footprint
103 m²
Volume, LiDAR
1,281 m³
Parcel 11002A1324/00_000, Flanders · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Bateau Perdu
since 20232.347.006.555
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1324/00_000 | Flanders | 103 m² | 1 · 103 m² | 15.8 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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 siteAntwerpen2.347.006.555
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,783. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-06-2020
Fiscal year end31-12
Trade name NL
IJSbar de Zuidpool
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748421712
Also
9925:BE0748421712
Registered
13-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.