BAHANA
ActiveSummary
The computed 12-month bankruptcy probability of BAHANA is 1.8% (moderate). The 2025 annual accounts show equity of €238,329 and a net result of €59,344. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 826 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+12
Solvency83▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 2.99 against 2.53 in 2024; short-term debt: 29.6% and cash: 27.8% of total assets), and 42% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58%
Return on assets
14.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
27 d late
2024
4 d late
2023
5 d early
2022
14 d early
2021
9 d late
2020
7 d early
2019
16 d 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 on the deadline day; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 4 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€59,344▲ 198%
2024 · €19,907
Working capital
€242,195▲ 33.1%
2024 · €181,949
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€51,300▲ 3.4%€36,255▼ 29.3%€58,399▲ 61.1%€29,189▼ 50.0%€84,965▲ 191%
Net result€43,496above the sector's middle half▼ 4.7%€24,320above the sector's middle half▼ 44.1%€40,754within the sector's middle half▲ 67.6%€19,907within the sector's middle half▼ 51.2%€59,344▲ 198%
Equity€105,983above the sector's middle half▲ 66.6%€129,183above the sector's middle half▲ 21.9%€161,318within the sector's middle half▲ 24.9%€180,105within the sector's middle half▲ 11.6%€238,329▲ 32.3%
Total assets€397,098above the sector's middle half▲ 15.4%€375,787above the sector's middle half▼ 5.4%€365,132within the sector's middle half▼ 2.8%€373,225within the sector's middle half▲ 2.2%€410,750▲ 10.1%
Debt€291,115▲ 3.8%€246,604▼ 15.3%€203,815▼ 17.4%€193,120▼ 5.2%€172,421▼ 10.7%
Working capital€104,320above the sector's middle half▼ 0.7%€130,404above the sector's middle half▲ 25.0%€164,081above the sector's middle half▲ 25.8%€181,949above the sector's middle half▲ 10.9%€242,195▲ 33.1%
Solvency26.7%within the sector's middle half▲ 8.2pp34.4%within the sector's middle half▲ 7.7pp44.2%within the sector's middle half▲ 9.8pp48.3%within the sector's middle half▲ 4.1pp58.0%▲ 9.8pp
Current ratio1.70within the sector's middle half▼ 0.102.03within the sector's middle half▲ 0.332.54above the sector's middle half▲ 0.512.53above the sector's middle half▼ 0.012.99▲ 0.46
Return on assets (ROA)11.0%within the sector's middle half▼ 2.3pp6.5%within the sector's middle half▼ 4.5pp11.2%within the sector's middle half▲ 4.7pp5.3%within the sector's middle half▼ 5.8pp14.4%▲ 9.1pp
Staff (FTE)0.5below the sector's middle half0.5=
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.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 191% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €410,750
Fixed assets
€46,797 ▼ 35.4%
Current assets
€363,952 ▲ 21.0%
Equity and liabilities €410,750
Equity
€238,329 ▲ 32.3%
Debt
€172,421 ▼ 10.7%
Debt's share of the balance-sheet total falls from 51.7% to 42.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110,601▲
2024 · €54,579
Cash flow
€84,980▲
2024 · €45,297
Quick ratio
1.33▲
2024 · 0.90
Debt to equity
0.72▼
2024 · 1.07
ROE
24.9%▲
2024 · 11.1%
Interest coverage
19.84▲
2024 · 9.10
Debt ≤ 1 year
€121,757▲
2024 · €118,842
Debt > 1 year
€50,664▼
2024 · €74,278
Income taxes
€23,489▲
2024 · €7,956
Staff costs
€31,117▲
2024 · €25,295
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,371 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 | - | €23,532 | €25,414 | €25,295 | €31,117 | ▲ 23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,432 | €25,220 | €25,107 | €25,390 | €25,636 | ▲ 1.0% |
| Other operating charges640/8 | - | €1,492 | €596 | €756 | €623 | ▼ 17.6% |
| Gross operating margin9900 | €87,900 | €86,499 | €109,517 | €80,630 | €142,340 | ▲ 76.5% |
| Operating profit (loss)9901 | €51,300 | €36,255 | €58,399 | €29,189 | €84,965 | ▲ 191% |
| Financial income75/76B | - | €4,174 | €3,196 | €4,674 | €3,443 | ▼ 26.3% |
| Recurring financial income75 | €6,391 | €4,174 | €3,196 | €4,674 | €3,443 | ▼ 26.3% |
| Financial charges65/66B | - | €6,833 | €6,067 | €6,000 | €5,575 | ▼ 7.1% |
| Recurring financial charges65 | €7,227 | €6,833 | €6,067 | €6,000 | €5,575 | ▼ 7.1% |
| Profit (loss) for the period before taxes9903 | €50,463 | €33,596 | €55,529 | €27,863 | €82,833 | ▲ 197% |
| Income taxes67/77 | €6,967 | €9,275 | €14,775 | €7,956 | €23,489 | ▲ 195% |
| Profit (loss) for the period9904 | €43,496 | €24,320 | €40,754 | €19,907 | €59,344 | ▲ 198% |
| Profit (loss) for the period to be appropriated9905 | €43,496 | €24,320 | €40,754 | €19,907 | €59,344 | ▲ 198% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €397,098 | €375,787 | €365,132 | €373,225 | €410,750 | ▲ 10.1% |
| Fixed assets21/28 | €143,959 | €118,864 | €94,652 | €72,433 | €46,797 | ▼ 35.4% |
| Tangible fixed assets22/27 | €143,552 | €118,332 | €94,120 | €71,901 | €46,265 | ▼ 35.7% |
| Furniture and vehicles24 | - | €42,920 | €32,700 | €23,319 | €11,437 | ▼ 51.0% |
| Other tangible fixed assets26 | - | €75,412 | €61,420 | €48,582 | €34,828 | ▼ 28.3% |
| Financial fixed assets28 | €407 | €532 | €532 | €532 | €532 | = |
| Current assets29/58 | €253,139 | €256,923 | €270,480 | €300,791 | €363,952 | ▲ 21.0% |
| Amounts receivable after more than one year29 | - | - | €75,000 | €30,645 | - | - |
| Other amounts receivable291 | - | - | €75,000 | €30,645 | - | - |
| Stocks and contracts in progress3 | €141,877 | €144,324 | €170,428 | €194,427 | €201,875 | ▲ 3.8% |
| Stocks30/36 | - | €144,324 | €170,428 | €194,427 | €201,875 | ▲ 3.8% |
| Amounts receivable within one year40/41 | €75,352 | €75,331 | €1,468 | €1,180 | €46,482 | ▲ 3,839% |
| Trade receivables40 | - | €13,374 | €1,468 | €149 | - | - |
| Other amounts receivable41 | - | €61,956 | - | €1,031 | €46,482 | ▲ 4,407% |
| Cash at bank and in hand54/58 | €34,687 | €36,043 | €20,164 | €73,619 | €114,300 | ▲ 55.3% |
| Deferred charges and accrued income490/1 | - | €1,227 | €3,420 | €921 | €1,296 | ▲ 40.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €397,098 | €375,787 | €365,132 | €373,225 | €410,750 | ▲ 10.1% |
| Equity10/15 | €105,983 | €129,183 | €161,318 | €180,105 | €238,329 | ▲ 32.3% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €49,382 | €73,703 | €106,957 | €126,863 | €186,207 | ▲ 46.8% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Tax-exempt reserves132 | - | €22,523 | €22,523 | €22,523 | €22,523 | = |
| Distributable reserves133 | - | €49,320 | €82,574 | €104,340 | €163,684 | ▲ 56.9% |
| Profit (loss) carried forward14 | €30,170 | €30,170 | €30,170 | €30,170 | €30,170 | = |
| Investment grants15 | - | €6,719 | €5,599 | €4,479 | €3,359 | ▼ 25.0% |
| Amounts payable17/49 | €291,115 | €246,604 | €203,815 | €193,120 | €172,421 | ▼ 10.7% |
| Amounts payable after more than one year17 | €142,297 | €120,084 | €97,415 | €74,278 | €50,664 | ▼ 31.8% |
| Financial debts170/4 | - | €120,084 | €97,415 | €74,278 | €50,664 | ▼ 31.8% |
| Amounts payable within one year42/48 | €148,818 | €126,519 | €106,400 | €118,842 | €121,757 | ▲ 2.5% |
| Current portion of amounts payable after more than one year42 | - | €22,212 | €22,669 | €23,137 | €23,614 | ▲ 2.1% |
| Financial debts43 | - | €3,500 | €6,500 | €3,500 | €1,500 | ▼ 57.1% |
| Credit institutions430/8 | - | €3,500 | €6,500 | €3,500 | €1,500 | ▼ 57.1% |
| Trade debts44 | €101,827 | €92,055 | €53,257 | €79,421 | €70,131 | ▼ 11.7% |
| Suppliers440/4 | - | €92,055 | €53,257 | €79,421 | €70,131 | ▼ 11.7% |
| Taxes, remuneration and social security45 | - | €8,752 | €18,308 | €12,784 | €26,512 | ▲ 107% |
| Taxes450/3 | - | €5,688 | €13,379 | €9,074 | €22,280 | ▲ 146% |
| Remuneration and social security454/9 | - | €3,064 | €4,929 | €3,709 | €4,232 | ▲ 14.1% |
| Other amounts payable47/48 | - | - | €5,665 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,496 | €24,320 | €40,754 | €19,907 | €59,344 | ▲ 198% |
| + Depreciation and write-downs630 | €15,432 | €25,220 | €25,107 | €25,390 | €25,636 | ▲ 1.0% |
| Operating cash flow (approximation) | €58,928 | €49,541 | €65,861 | €45,297 | €84,980 | ▲ 87.6% |
| Investment in fixed assets (approximation) | - | -€125 | -€895 | -€3,172 | €0 | ▲ 100% |
| Change in cash | - | €1,355 | -€15,878 | €53,455 | €40,680 | ▼ 23.9% |
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
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
30-06
Financial
Highest result since 2019net €59,344 ▲198%
Operating result €84,965, net result €59,344, both a record.
30-06
Financial
Equity above €200,000Eq €238,329 ▲32.3%
6 profitable years in a row build equity to €238,329.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Equity above €150,000Eq €161,318 ▲24.9%
4 profitable years in a row build equity to €161,318.
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-06
Financial
Equity above €100,000Eq €105,983 ▲66.6%
2 profitable years in a row build equity to €105,983.
24-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €45,624
Net result €45,624 after one loss-making year.
Show earlier events
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Elsene · 1 establishment unit since 1997
Ground area
243 m²
Building footprint
196 m²
Volume, LiDAR
3,163 m³
Parcel 21445C0262/00P010, Brussels · tallest building 21.4 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BAHANA
since 19972.080.389.583
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0262/00P010 | Brussels | 243 m² | 1 · 196 m² | 21.4 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.080.389.583
Similar companies · same sector, comparable size
STRACCIATELLA
BE 0885.272.676
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SAIRAM
BE 0820.882.492
Gent · Eq €238,406
VEERLE DE ROUCK
BE 0477.006.309
Gent · Eq €238,467
SUSHI HANAKO
BE 0568.822.747
Wemmel · Eq €238,562
MATITI
BE 0697.569.560
Middelkerke · Eq €238,647
Of 21,835 companies in sector 56112 we hold annual accounts for 9,777. 6,290 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-12-1996
Fiscal year end30-06
Activities, NACEBEL 2025
47260Retail trade
56112Limited-service restaurants, excluding mobile food services
47551Retail sale of household furniture
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459517407
Also
9925:BE0459517407
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.