BAVAC
ActiveSummary
The computed 12-month bankruptcy probability of BAVAC is 2.1% (moderate). The 2025 annual accounts show equity of €136,435 and a net result of €9,969. Equity has been shrinking by about 7.1% per year since 2018. Its solvency ranks better than 40% of 4,785 sector peers (NACE 56, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 09-03-2004 Normal situation
- Activity
- Full-service restaurants NACE 56111and 1 other
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2023
- Establishment unit
- 2.138.011.048 9000 Gent, since 01-04-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 28-08-2025
Board and ownership
- De Leeuw BarbaraDirector · since 01-02-2024
- Verbrugghe AlexanderDirector · since 01-02-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- €931,862
- ▼ 3.7%
- Turnover
- ≈ €2.2m
- estimated
- Profit
- €9,969
- ▼ 88.6%
- Equity
- €136,435
- ▲ 7.9%
- Total assets
- €661,415
- ▼ 2.4%
- Employees on 31-12-2025
- 26
- ▲ 4.0%
- 2025 accounts filed 66 days after the deadline
Score breakdownraises riskLast filed accounts filed 66 days late; 3 of the last 3 accounts lateSize: 22.3 FTE, total assets €661,415Sector: Food and beverage service activities (NACE 56)lowers riskFounded in 2004Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 40% of them on solvency, 16% on liquidity, 48% on profitability and 58% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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
The company filed its last 7 accounts on average 146 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)
Key points
Recent changes
- · Gazette deed Reappointments: De Leeuw Barbara (director) and Verbrugghe Alexander (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as BAVAC: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €548,000 and €817,000, founded between 1997 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| BAVAC Gent | €0.7m | €0.9m |
| BELGATTITUDE Waterloo | €0.6m | €1.0m |
| BRASSERIE LATEM Sint-Martens-Latem | €0.8m | €0.6m |
| RESTO-SMEYERS Brugge | €0.7m | €0.9m |
| FREM Kapellen | €0.6m | €0.8m |
| JAWI Antwerpen | €0.5m | €0.8m |
| ALAN Knokke-Heist | €0.6m | €1.2m |
Key facts about BAVAC
- What is the company number of BAVAC?
- The company number of BAVAC is 0863.927.926. The VAT number is the same number with BE in front: BE 0863.927.926.
- Where is BAVAC based?
- The registered office is at Franklin Rooseveltlaan 35, 9000 Gent.Company details
- What does BAVAC do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of BAVAC?
- The legal form of BAVAC is Private limited company (BV).
- When was BAVAC founded?
- BAVAC was founded on 09-03-2004.
- Is BAVAC still active?
- Yes, BAVAC is an active enterprise in the KBO register.
- How many employees does BAVAC have?
- BAVAC had an average of 22.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BAVAC fall under?
- In its 2023 annual accounts, BAVAC states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of BAVAC?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €931,862 and 44 comparable companies (NACE 56111). It probably lies between €2.0m and €3.0m.
- Is BAVAC profitable?
- In financial year 2025, BAVAC made a profit of €9,969.
- Where can I find the annual accounts of BAVAC?
- BAVAC filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAVAC due?
- BAVAC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.