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BAHIA

Active
Public limited companyfounded 198838 yrs activePreshoekstraat(Mar) 130, 8510 Kortrijk, BelgiumKBO/BCE: BE 0434.815.069
Summary

BAHIA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€61,234) and a net result of €38,726. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 22% of 14676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch ReportCompare
BAHIAActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Nightclubs
NACE 56302NACE 55402
#8 oldest company in Kortrijk, Accommodation and food service sector1 site
Size
€604,719total assets 2025
Staff
5.4 FTE
Equity
-€61,234
Profit
€38,726
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
0.9%
Structure
Board
3 members
Accounts filed 17 d late1 of 4 deeds read
Why 55Capped at 59: negative equity- Sector Food and beverage service activities (NACE 56)- Negative equity -€61,234+ Size: total assets €604,719+ Founded in 1988Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 41% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 15+7
equity -10.1% of total assets
Liquidity 3-1
short-term debt 110.1% · cash 2.6%
Profitability 77-3
return on assets 6.4%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,449 companies)
Last 12 months 11-2025: 1.2%highest value 12-2025: 0.6%▼ -47.5% vs 11-2025lowest value 01-2026: 0.6%● 0.0% vs 12-2025lowest value 02-2026: 0.6%● 0.0% vs 01-2026lowest value 03-2026: 0.6%● 0.0% vs 02-2026lowest value 04-2026: 0.6%● 0.0% vs 03-2026lowest value 05-2026: 0.6%▲ +1.6% vs 04-2026 06-2026: 0.6%● 0.0% vs 05-2026 07-2026: 0.7%▲ +4.6% vs 06-2026 08-2026: 0.7%▲ +5.4% vs 07-2026 09-2026: 0.6%▼ -6.4% vs 08-2026 10-2026: 0.9%▲ +34.9% vs 09-2026
  • Size: total assets €604,719 lowers the probability for this profile
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Negative equity -€61,234 raises the probability
  • Founded in 1988 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.07 against 0.07 in 2024; short-term debt: 110.1% and cash: 2.6% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 22%, liquidity 4%, profitability 60%, growth against the median 77%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €604,719
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Negative equity -€61,234
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 14676 sector peers (2025).
NBB · sector comparison
Position among 14676 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-11-2025, 17 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 · 10 filings
Deviation from the deadline
2025
17 d late
2024
7 d early
2023
27 d late
2022
9 d late
2021
26 d late
2020
30 d late
2019
50 d late
← 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 22 days after the deadline; 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 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 17 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close02-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointments: NV Liedavid, Buset Olivier and…Permanent representative: David Lieven
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€61,234 View
  • Caution: Among the weakest 9% on equitysector median €29,271 · 14,705 companies -€61,234 View
  • Active since 1988founded 05-07-1988 38 years View

By topic

Financials

Fiscal year
2025
Total assets
€604,719
Profit
€38,726
Solvency
-10.1%
Total assets▲ 4.0%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 31-10-2026
  1. 01-04-2026Reappointments: NV Liedavid, Buset Olivier and Buset…
  2. 17-11-2025Annual accounts filed
  3. 24-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
NightclubsNACE 56302
Founded
05-07-1988
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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