Equity
€72,157 ▼ 10.6%
BAPH paid out €15,000 in dividends. That is 232% of the 2025 profit.
BAPH
Lifetime
13 annual accounts with figures on one time axispeak €240,393 (2024)
€238,120▼ 0.9%
lowest -€7,237 (2013)
€6,456▲ 156%
peak €99,325 (2021)
€72,157▼ 10.6%
€140,695▼ 9.7%
peak 5.3 FTE (2020)
-not published
Board5 names since 2019
2 directorsHOYAS Antoine and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Result from €2,521 to €6,456Dividend €15,000
Key points
from the 2025 annual accountsChecked score
82
Excellent
Financially stronger than 48% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025highest value
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged 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: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.4%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 0.4%● unchanged vs 01-2026lowest value
03-2026: 0.4%● unchanged vs 02-2026lowest value
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Founded in 2012
Liquidity: current ratio 0.86, cash €38,345
Figures for financial year 2025 (filed on 30-06-2026)
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 54% of them on solvency, 55% on liquidity, 54% on profitability and 31% on growth.
The bankruptcy probability was computed on 10-11-2026 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).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as BAPH has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAPH itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for BAPH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.86 (0.97 in 2024), below 1. Short-term debt is 42.7% and cash 18% of total assets. 66.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
44 days early
2023
12 days late
2022
18 days late
2021
10 days late
2020
16 days late
2019
24 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 1 day 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 10 August (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0501951739
Resignation: Mathieu Jerôme (director)
General meeting of 05-08-2022 · Gazette deed
New establishment in Charleroi
MINE D'OR, Rue Florian Montagne 188
1 director appointed
Changes of role: HOYAS Benjamin (director), HOYAS Antoine (director) and HOYAS Pierre (directeuràlagestionjournalière) · Appointment: MATHIEU JerômeCharlesMarie (director) · “L'achat,la vente,l'importation,l'exportation,la représentation de tous produits alimentaires au sens large…” (deed in French) · General meeting of 19-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAPH Charleroi | €212,852 | €238,120 | 33.9% | - |
| DARIO RESTAURATION Manage | €215,432 | €213,217 | 62.9% | - |
| G.M.K.G. Merbes-le-Château | €209,586 | €218,939 | 12.0% | - |
| VIRGILIA Veurne | €218,133 | €224,416 | 68.6% | - |
| BRASSERIE DES ETANGS Herve | €223,252 | €225,266 | 49.2% | - |
| La Bouchée d'02 Walcourt | €234,506 | €251,860 | 79.7% | 4.7 |
| J & J Catering Antwerp | €218,969 | €210,803 | 45.9% | - |
These companies have the same main activity as BAPH: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €210,000 and €235,000, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 13-12-2012Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment units
- 2.215.282.4366001 Charleroi, since 01-04-2013
- 2.327.920.1236001 Charleroi, since 15-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-10-2025
Annual accounts 2025
- €212,852▼ 10.0%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on BAPH
BAPH files the micro format. That format states no turnover. The gross margin rose from €20,429 in 2013 to €238,120 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BAPH
- What is the company number of BAPH?
- The company number of BAPH is 0501.951.739. The VAT number is the same number with BE in front: BE 0501.951.739.
- Where is BAPH based?
- The registered office is at Rue du Cazier 11, 6001 Charleroi.Company details
- What does BAPH do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of BAPH?
- BAPH is a private limited company (BV).
- When was BAPH founded?
- BAPH was founded on 13-12-2012.
- Is BAPH still active?
- Yes, BAPH is an active enterprise in the KBO register.
- How many employees does BAPH have?
- BAPH had an average of 4.9 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of BAPH?
- The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €238,120 and 87 comparable companies (NACE 56111). It probably lies between €580,000 and €840,000.
- Is BAPH profitable?
- In financial year 2025, BAPH made a profit of €6,456.
- Where can I find the annual accounts of BAPH?
- BAPH filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAPH due?
- BAPH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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