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Bar Martine

Active
Private limited companyfounded 20197 years activeHippoliet Lippensplein 25, 9000 Gent, BelgiumKBO/BCE: BE 0717.705.176
Summary

The computed 12-month bankruptcy probability of Bar Martine is 4.6% (elevated). The annual accounts of Bar Martine for fiscal year 2025 show a net loss of 151% of total assets and of 60% of the equity at the start of that year. The 2025 annual accounts show equity of €7,982 and a net result of -€12,043. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 1,861 sector peers (NACE 10, fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Artisanal bread and fresh pastry making
NACE 10712Limited-service restaurants, excluding mobile food services NACE 56112
2 sites
Size
€7,982total assets 2025
Staff
1.7 FTE
Equity
€7,982
Loss
-€12,043
Turnover not published (abridged schema)
Financial health
38 Weak Checked score 2025
Bankruptcy probability, 12 months
4.6%
Structure
Board
1 member
Accounts 53 days early1 of 2 deeds read
Why 38- Liquidity: cash €9, halved- Sector Manufacture of food products (NACE 10)- 1 change of registered office in 24 months- 1 of the last 3 lateShow the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 39% of its sector peers (NACE 10, micro)
Financial strength · tick = 2024
Average
Solvency 100+45
equity 100.0% of total assets
Liquidity 50-19
short-term debt 0.0% · cash 0.1%
Profitability 0-40
return on assets -150.9%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,069 companies)
Last 24 months 11-2024: 3.8% 12-2024: 3.9%▲ +0.1 percentage points vs 11-2024 01-2025: 3.8%▼ -0.1 percentage points vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 3.8%● unchanged vs 02-2025 04-2025: 3.3%▼ -0.5 percentage points vs 03-2025 05-2025: 3.3%● unchanged vs 04-2025 06-2025: 3.2%▼ -0.1 percentage points vs 05-2025 07-2025: 3.2%● unchanged vs 06-2025 08-2025: 1.6%▼ -1.6 percentage points vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.5%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 2.5%▲ +1.0 percentage point vs 01-2026 03-2026: 2.4%▼ -0.1 percentage points vs 02-2026 04-2026: 2.5%▲ +0.1 percentage points vs 03-2026 05-2026: 2.9%▲ +0.4 percentage points vs 04-2026 06-2026: 2.9%● unchanged vs 05-2026 07-2026: 4.9%▲ +2.0 percentage points vs 06-2026highest value 08-2026: 4.9%● unchanged vs 07-2026highest value 09-2026: 4.7%▼ -0.2 percentage points vs 08-2026 10-2026: 4.6%▼ -0.1 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
short-term debt: 0% and cash: 0.1% of total assets, and 0% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 10, micro): better than 93% on solvency, 49% on liquidity, 6% on profitability and 10% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Liquidity: cash €9, halved
NBB · annual accounts
raises risk · Sector Manufacture of food products (NACE 10)
KBO
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€12,043
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 08-06-2026, 53 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
53 days early
2024
2 days early
2023
69 days late
2022
32 days late
2021
78 days late
2020
334 days late
2019
153 days 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 87 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 1 September (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Resignations: Rodrigues Peter Magda René (statutory…Appointment: ET ALORS (non-statutory director)…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€12,043 View
  • Caution: Board changedlatest change 07-01-2026 · 1 in office 1 joined · 2 left View
  • Positive: Among the best 5% on solvencysector median 32.1% · 1,861 companies 100.0% View

By topic

Financials

Fiscal year
2025
Total assets
€7,982
Loss
-€12,043
Solvency
100.0%
Total assets▼ 88.0%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2020
Next accounts
by 31-07-2027
  1. 08-10-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 01-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Artisanal bread and fresh pastry makingNACE 10712
Founded
07-01-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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