Equity
-€237,822
Debts exceed assets in financial year 2025.
Base Drinks
Overview
Lifetime
1 annual account with figurespeak -€118,947 (2025)
-€118,947
lowest -€237,822 (2025)
-€237,822
peak -€237,822 (2025)
-€237,822
€901,100
peak 4 FTE (2025)
4 FTE
Board1 name since 2024
1 directorSPARKLING
Documentsfilings and deeds
18-05-202674 days before the deadline
2025abbreviated format
Loss of €237,8221 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€901,100 136% of the balance sheet
Financial debts 23%Suppliers 49%Taxes and wages 3%Other 25%
Of this, €520,801 falls due within a year.
Position in the sector
-€237,822
Lower net result than 95% of companies in food and beverage service. Sector median €10,278 · 4,838 companies.
Turnover not published (abbreviated format)
Checked score
34
Weak
Financially stronger than 9% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.6% Elevated
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 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 4.1%lowest value
02-2026: 4.1%● unchanged vs 01-2026lowest value
03-2026: 4.2%▲ +0.1 percentage points vs 02-2026
04-2026: 4.6%▲ +0.4 percentage points vs 03-2026
05-2026: 4.7%▲ +0.1 percentage points vs 04-2026
06-2026: 5.3%▲ +0.6 percentage points vs 05-2026
07-2026: 5.3%● unchanged vs 06-2026
08-2026: 5.6%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 5.6%● unchanged vs 08-2026highest value
10-2026: 5.6%● unchanged vs 09-2026
11-2026: 5.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Negative equity -€237,822
Loss of €237,822 (financial year 2025)
Liquidity: current ratio 0.04, cash €5,006
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 9% of them on solvency, 8% on liquidity and 8% on profitability.
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 elevated class on 30-06-2025, 6.3% 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, 1,322 companies had the same profile as Base Drinks has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
The bankruptcy probability of Base Drinks itself is higher: 5.6% within 12 months. It rests on far more data about Base Drinks than the profile alone.
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.
| 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 1,322 companies, not a prediction for Base Drinks. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.04, below 1. Short-term debt is 78.5% and cash 0.8% of total assets. Equity is negative.
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
Seven signals.
raises riskneutral
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 18-05-2026, 74 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
74 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- VAN OVERTVELT Benoît Pierre Michel 80 sharesdeed of 24-12-2024
- DE SAINT-HUBERT Mathieu Georges Jacques 20 sharesdeed of 24-12-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017726473
First establishment
Le Colonel, Jean Stasstraat 23A, Sint-Gillis (bij-Brussel)
Incorporation
Founding capital of €1, 100 shares · Founders: VAN OVERTVELT Benoît Pierre Michel and DE SAINT-HUBERT Mathieu Georges Jacques · Appointment: SPARKLING (director) · published on 24-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Base Drinks Sint-Gillis (bij-Brussel) | €0.7m | -€118,947 | -35.9% | 4 |
| OKEN Brussels | €0.8m | -€48,288 | -28.7% | 4.5 |
| AsterX Consult Aartselaar | €1.0m | -€59,351 | -21.8% | 2.7 |
| KOL-STUDIOS CTL Uccle | €0.5m | -€54,194 | -13.3% | - |
| TAVERNE CONCEPT Houffalize | €0.6m | -€5,412 | 9.5% | - |
| FORST Brussels | €0.4m | -€35,665 | 8.9% | - |
| Bel Consco Brussels | €0.2m | -€34,086 | 99.5% | - |
These companies have the same main activity as Base Drinks: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €195,000 and €1m, founded between 2020 and 2025.
Official details
Source: KBO- Status
- Active since 20-12-2024Normal situation
- Activity
- Cafés and barsNACE 56301and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.369.212.0331060 Sint-Gillis (bij-Brussel), since 07-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Annual accounts 2025
- -€118,947
- €237,822
- -€237,822
- €663,277
- Employeeson 31-12-2025
- 4
- Filing
- Filed on 18-05-2026, 74 days before the end of the filing period
Insights on Base Drinks
The computed 12-month bankruptcy probability of Base Drinks is 5.6% (elevated). The 2025 annual accounts show negative equity (-€237,822) and a net result of -€237,822.
Its solvency ranks better than 13% of 4,845 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 18-05-2026, 74 days before the deadline-€118,947
-€225,057
-€237,822
-€499,107
-35.9%
0.04
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €663,277 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-35.9%
Higher than 13% of 4,845 companies in 2025.
0.04
Lower than 95% of 4,743 companies in 2025.
-35.9%
Higher than 7% of 4,767 companies in 2025.
Base Drinks
Middle half of the sector
80% of the sector
Abbreviated accounts in food and beverage service (NACE 56)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff
€17,793
Staff costs divided by the average number of full-time equivalents.
+4 people
people who joined
people who left
In 2025, 4 people joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
663,277 | |
21/28 |
641,582 | |
21 |
77,703 | |
22/27 |
547,424 | |
22 |
232,092 | |
23 |
9,986 | |
24 |
305,346 | |
28 |
16,455 | |
29/58 |
21,695 | |
3 |
5,000 | |
30/36 |
5,000 | |
40/41 |
9,663 | |
40 |
1,323 | |
41 |
8,340 | |
54/58 |
5,006 | |
490/1 |
2,026 | |
| Balance sheet: equity and liabilities | ||
10/49 |
663,277 | |
10/15 |
-237,822 | |
14 |
-237,822 | |
17/49 |
901,100 | |
17 |
380,298 | |
170/4 |
205,447 | |
178/9 |
174,851 | |
42/48 |
520,801 | |
42 |
53,434 | |
44 |
442,649 | |
440/4 |
442,649 | |
45 |
24,718 | |
450/3 |
2,880 | |
454/9 |
21,839 | |
| Income statement | ||
9900 |
-118,947 | |
62 |
71,174 | |
630 |
29,390 | |
640/8 |
5,545 | |
9901 |
-225,057 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
12,766 | |
65 |
12,766 | |
9903 |
-237,822 | |
9904 |
-237,822 | |
9905 |
-237,822 | |
| Appropriation of the result | ||
9906 |
-237,822 | |
| Social balance sheet | ||
9087 |
4 | |
Hours worked1013 |
1,204 | |
| Document | ||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 18-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-05-2026 | 2026-00113590 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -195,667 | ||
| -208,432 | ||
| 670,972 | ||
| -499,107 | ||
| -35.9% | ||
| 0.04 | ||
| 0.03 | ||
| -35.9% | ||
| -15.33 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 4 |
| full-time | 4 |
| in full-time equivalents | 4 |
| 0.7 | |
| On a permanent contract | 3 |
| Joined | 4 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €571,817 |
| Intangible fixed assets | €82,700 |
| Financial fixed assets | €16,455 |
| €29,390 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Base Drinks
Equity is negative. Debt (€901,100) exceeds the balance-sheet total (€663,277).
Board & ownership
Board
1 director, since incorporationSPARKLING BV
Director, permanent representative VAN OVERTVELT Benoît Pierre Michel
since 19-12-2024
term without a fixed end
also on the board of 2 other companies
listed in the 2025 annual accounts, filed on 18-05-2026
Permanent representatives 1
VAN OVERTVELT Benoît Pierre Michel
Permanent representative, for SPARKLING
appointed by deed of 24-12-2024
Mandates through the years
1 name, the dashed line is todayControl
Founders
VAN OVERTVELT Benoît Pierre Michel, DE SAINT-HUBERT Mathieu Georges Jacques
This company
Base Drinks
Equity -€237,822
Loss €237,822 in 2025
Capital
- Contribution
- €1
- Shares
- 100
- Contribution per share
- €0.01
- Equity per share
- -€2,378 in 2025
- Source
- deed of 24-12-2024
Articles of association
deed of 24-12-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 18 April
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Réparti entre actionnaires proportion actions, administrateur(s) en exercice ou liquidateur(s) nommé(s) assemblée qui fixe…”
Shareholders
At incorporation
deed of 24-12-2024 ↗
- VAN OVERTVELT Benoît Pierre Michel 80 shares (80%) · €0.80 in cash
- DE SAINT-HUBERT Mathieu Georges Jacques 20 shares (20%) · €0.20 in cash
Network & group
No group
Base Drinks has no parent and no holdings in its annual accounts. SPARKLING is the only director.
At the same address
Jean Stasstraat 23A, 1060 Saint-Gilles · 1 other company| BENELUX EXTRA CARD
registered office since 30-08-1983 |
founded in 1983 0424.458.835 |
Connections & network
3 connected companiesThis company
Company
Director
Shareholding
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Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBabbreviated format · 74 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017726473
First establishment Le Colonel, Jean Stasstraat 23A, Sint-Gillis (bij-Brussel)
2024
IncorporationFounding capital of €1, 100 shares · Founders: VAN OVERTVELT Benoît Pierre Michel and DE SAINT-HUBERT Mathieu Georges Jacques · Appointment: SPARKLING (director) · published on 24-12-20245 points ▸
- Founder, VAN OVERTVELT Benoît Pierre Michel
- Founder, DE SAINT-HUBERT Mathieu Georges Jacques
- Founding capital, €1, 100 shares
- 100 shares
- Director appointment, SPARKLING
- The deed holds 2 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1017.726.473
- VAT number
- BE 1017.726.473
- Peppol ID
- 0208:1017726473
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 20-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 18 Aprildeed of 24-12-2024 (in French)
- Peppol
- Reachable since 01-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Base Drinks in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 24-12-2024 (in French)
- Name clauseThe company operates under this name according to its articles.
- Base Drinksdeed of 24-12-2024 (in French)
Activities
NACEBEL 2025VAT activities
56301
Cafés and bars main activity
Social security (RSZ) activities
56111
Full-service restaurants main activity
Joint committees annual accounts 2025
JC 302
Hotels and catering
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’exploitation, la création, l’acquisition, la gestion, la location et la vente de bars, restaurants, snacks, sandwicheries, boucheries et…”deed of 24-12-2024 (in French)
5 activities
- L’exploitation, la création, l’acquisition, la gestion, la location et la vente de bars, restaurants, snacks, sandwicheries, boucheries et autres établissements de restauration ou de commerce alimentaire, sous toutes leurs formes
- La préparation, la fabrication, la transformation, l’achat, la vente et la distribution de produits alimentaires, plats cuisinés, boissons alcoolisées et non alcoolisées, et tous autres produits liés à l’horeca ou à l’alimentation
- La fourniture de services de traiteur, catering, organisation d’événements gastronomiques, ainsi que toutes prestations en lien avec la restauration ou l’alimentation
- Le développement, la commercialisation et la gestion de concepts culinaires, franchises ou marques liés à l’horeca et aux métiers de bouche
- La participation directe ou indirecte, sous quelque forme que ce soit, à des activités commerciales, financières, mobilières ou immobilières en rapport avec l’exploitation de ses activités principales ou annexes
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Le Colonel registered office Jean Stasstraat 23A, 1060 Sint-Gillis (bij-Brussel) | 07-01-2025 | 2.369.212.033 | Restaurant |
Buildings and parcels at the address
- Ground area
- 91 m²
- Buildings
- 90 m²
- Volume, LiDAR
- 1,233 m³
- Tallest building
- 18.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21013B0006/00Y012 | 91 m² | 1 · 90 m² | 18.0 m · 4 |
Recognitions
Food safety, FASFC
1 siteSaint-Gillesunit number 2.369.212.033
Contact
E-mail
benoit@sparkling.be
Phone
+32 477 39 55 79