BAR MADAM
ActiveThe computed 12-month bankruptcy probability of BAR MADAM is 2.7% (moderate). The 2025 annual accounts show equity of €2k and a net result of €-7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 18016 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
22
/ 100
Critical▼ -43 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency26▼-70
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.22 against 3.3 in 2024), and 85.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
14.4%
Return on assets
-43.6%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€7k
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 29-06-2026, 32 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
32 d early
2024
31 d late
2023
50 d late
2022
109 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 75.1%
2024 · €9k
2022: €-3k
2023: €9k
2024: €9k
2022 → 2025
Total assets
€15k▼ 11.6%
2024 · €17k
2022: €6k
2023: €20k
2024: €17k
2022 → 2025
Net result
€-7k▼ 5,392%
2024 · €-122
2022: €-5k
2023: €12k
2024: €-122
2022 → 2025
Working capital
€2k▼ 79.2%
2024 · €9k
2022: €2k
2023: €10k
2024: €9k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-3k-€9k€9k▼ 1.3%€2k▼ 75.1%
Operating result€-5k-€13k€2k▼ 87.8%€-5k
Net result€-5k-€12k€-122€-7k▼ 5,392%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€5k▲ 11.1%
Current assets
€10k▼ 19.2%
Equity and liabilities €15k
Equity
€2k▼ 75.1%
Debt
€13k▲ 55.4%
The debt ratio rises from 48.7% to 85.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-3k▼
2024 · €3k
Cash flow
€-5k▼
2024 · €933
Solvency
14.4%▼
2024 · 51.3%
Current ratio
1.22▼
2024 · 3.30
Quick ratio
0.87▼
2024 · 3.10
Debt / equity
5.93▲
2024 · 0.95
ROE
-302.1%▼
2024 · -1.4%
ROA
-43.6%▼
2024 · -0.7%
Interest coverage
-1.61▼
2024 · 1.54
Debt
€13k▲
2024 · €8k
Debt ≤ 1 year
€9k▲
2024 · €4k
Debt > 1 year
€5k=
2024 · €5k
Staff costs
€22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17k€15k▼
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€4k€5k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€1k€2k▲
Current assets29/58€13k€10k▼
Stocks and contracts in progress3€786€3k▲
Stocks30/36€786€3k▲
Amounts receivable within one year40/41€8k€4k▼
Trade receivables40€1k€250▼
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€17k€15k▼
Equity10/15€9k€2k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€6k€-291▼
Amounts payable17/49€8k€13k▲
Amounts payable after more than one year17€5k€5k=
Financial debts170/4€5k€5k=
Amounts payable within one year42/48€4k€9k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45€81€4k▲
Taxes450/3€81€1k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€600€600=
Income statement
Code20242025
Remuneration, social security and pensions62-€22k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€981€1k▲
Gross operating margin9900€4k€20k▲
Operating profit (loss)9901€2k€-5k▼
Financial income75/76B€65€43▼
Recurring financial income75€65€43▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-41€-7k▼
Income taxes67/77€81-
Profit (loss) for the period9904€-122€-7k▼
Profit (loss) for the period to be appropriated9905€-122€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-291▼
Profit (loss) brought forward from the previous period14P€7k€6k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 109 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Berkenrodelei 362660 AntwerpenGround area
1,162 m²
Parcel 11383B0291/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
BAR MADAM
since 20222.335.391.301
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11383B0291/00F000 | Flanders | 1,162 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 siteAntwerpen2.335.391.301
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Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 1,522 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-2022
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
56111Full-service restaurants
47242Retail sale of chocolate and confectionery
47789Other retail sale of new goods
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.