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BAR SALON

Active Private limited companyfounded 2016active for 10 yearsDageraadplaats 2, 2018 AntwerpKBO/BCE: BE 0645.950.516

Lifetime

10 annual accounts with figures on one time axis
peak €171,969 (2025)
€171,969▲ 13.0%
lowest -€19,352 (2016)
€21,791▼ 18.4%
peak €84,879 (2025)
€84,879▲ 34.5%
€84,592▲ 127%
peak 4.1 FTE (2018)
-not published
Board3 names since 2016
2 directorsBERTELS Dennis and 1 other
Owners
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €152,155 to €171,969Equity from €63,088 to €84,879Debts from €37,228 to €84,5921 establishment registeredInvestments €5,351Cash from €72,519 to €124,549

Key points

from the 2025 annual accounts

Turnover

≈ €460,000 estimated

The accounts state no turnover.

Investments

€5,351 2.8 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

10 annual accounts 6 late
AprilJune31 JulyOctober20202025

The 2022 accounts came latest: 65 days after the end of the period.

Checked score

90
Excellent
Financially stronger than 73% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.7 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.3%▼ -0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

75-13equity 50.1% of total assets
75-8short-term debt 49.9% · cash 73.5%
85-15return on assets 12.9%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Size: total assets €169,471
lowers risk
Liquidity: current ratio 1.91, cash €124,549
Equity €84,879 (50.1% of total assets)
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 68% of them on solvency, 79% on liquidity, 72% on profitability and 75% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 34,693 companies had the same profile as BAR SALON has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BAR SALON itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,693 companies, not a prediction for BAR SALON. 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 €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.91 (2.59 in 2024), above the usual 1.5. Short-term debt is 49.9% and cash 73.5% of total assets. 49.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 1.91, cash €124,549
NBB · annual accounts
lowers risk · Equity €84,879 (50.1% of total assets)
NBB · annual accounts
raises risk · Size: total assets €169,471
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
21 days late
2023
27 days late
2022
65 days late
2021
29 days late
2020
25 days late
2019
7 days early
← 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 27 days 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 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BD
Director, since 14-01-2016
HN
Director, since 14-01-2016
  • BaR-1 33%score 69equity €46,646 (2025) · 2025 annual accounts of BaR-1
Board & ownership

Recent changes

New establishment in Antwerp De Leescorfstraat 2
Changes of role: BERTELS Dennis (director) and HOREMANS Nathan (director) Legal-form conversion: to private limited company · Director discharge: BERTELS Dennis · Director discharge: HOREMANS Nathan · General meeting of 04-12-2023 · Gazette deed
Resignation: Tim Boydens (manager) Director discharge: Tim Boydens (manager) · General meeting of 26-06-2019 · Gazette deed
Incorporation published on 18-01-2016 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
BAR SALON Antwerp €169,471 €171,969 50.1% -
THE PLAYGROUND Antwerp €182,962 €158,552 -95.2% -
IRIS NAMUR Namur €169,153 €149,092 63.5% -
LE SAINT BRICE Tournai €202,058 €182,121 56.8% -
CUP28 Brussels €159,381 €218,526 28.5% -
Doragon Ghent €161,794 €228,044 69.7% -
WHITE CONCEPT Brussels €158,098 €134,456 -184.3% -

These companies have the same main activity as BAR SALON: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €158,000 and €202,000, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 14-01-2016Normal situation
Activity
Cafés and barsNACE 56301
Establishment units
2.251.005.3582018 Antwerp, since 14-01-2016
2.374.056.7862140 Antwerp, since 22-05-2025
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€169,471▲ 68.9%
Filing
Filed on 26-08-2026
Financials

Insights on BAR SALON

BAR SALON files the micro format. That format states no turnover. The gross margin rose from €11,101 in 2016 to €171,969 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 BAR SALON

What is the company number of BAR SALON?
The company number of BAR SALON is 0645.950.516. The VAT number is the same number with BE in front: BE 0645.950.516.
Where is BAR SALON based?
The registered office is at Dageraadplaats 2, 2018 Antwerp.Company details
What does BAR SALON do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of BAR SALON?
BAR SALON is a private limited company (BV).
When was BAR SALON founded?
BAR SALON was founded on 14-01-2016.
Is BAR SALON still active?
Yes, BAR SALON is an active enterprise in the KBO register.
How many employees does BAR SALON have?
BAR SALON had an average of 2.6 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of BAR SALON?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €171,969 and 32 comparable companies (NACE 56301). It probably lies between €400,000 and €590,000.
Is BAR SALON profitable?
In financial year 2025, BAR SALON made a profit of €21,791.
Where can I find the annual accounts of BAR SALON?
BAR SALON filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BAR SALON due?
BAR SALON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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