BEERbar_1180
ActiveThe computed 12-month bankruptcy probability of BEERbar_1180 is 13.1% (high). The 2024 annual accounts show negative equity (€-71k) and a net result of €-13k. Equity is shrinking by ~36.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 18936 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
7
/ 100
Critical▼ -9 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+89
Solvency33=
Growth55▼-17
Stability100
Bankruptcy probability, 12 months
13.1%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.44 in 2023), and equity is negative.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 2024Solvency, return and age of the figures
Solvency
-254.3%
Return on assets
-45.2%
Age of the figures
20 mo
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 · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€71k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
30 d late
2022
13 d late
2021
272 d late
2020
199 d late
2019
57 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€319k▲ 50.6%
2021 · €212k
2021: €212k
2021 → 2022
EBIT margin
-16.0%▼ 1.4pp
2021 · -14.6%
2021: -14.6%
2021 → 2022
Net result
€-13k
2023 · €23k
2019: €-7k
2020: €-27k
2021: €-19k
2022: €-48k
2023: €23k
2019 → 2024
Working capital
€-72k▼ 11.8%
2023 · €-64k
2019: €11k
2020: €-52k
2021: €-63k
2022: €-104k
2023: €-64k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€212k€319k▲ 50.6%
Equity€-14k-€-33k▼ 136%€-80k▼ 146%€-59k▲ 27.1%€-71k▼ 21.6%
Operating result€-34k-€-31k▲ 8.0%€-51k▼ 65.5%€28k€2k▼ 93.7%
Net result€-27k-€-19k▲ 29.4%€-48k▼ 153%€23k€-13k
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 94% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €28k
Fixed assets
€524▼ 90.7%
Current assets
€28k▼ 45.1%
Key figures and ratios
EBITDA
€7k▼
2023 · €46k
Cash flow
€-8k▼
2023 · €41k
Solvency
-254.3%▼
2023 · -105.2%
Current ratio
0.28▼
2023 · 0.44
Quick ratio
0.24▼
2023 · 0.42
Debt / equity
-1.39▲
2023 · -1.95
ROE
17.8%▲
2023 · -38.6%
ROA
-45.2%▼
2023 · 40.6%
Interest coverage
0.50▼
2023 · 8.78
Debt
€99k▼
2023 · €114k
Debt ≤ 1 year
€99k▼
2023 · €114k
Income taxes
€809
Staff costs
€64k▼
2023 · €88k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€56k€28k▼
Fixed assets21/28€6k€524▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€6k€524▼
Plant, machinery and equipment23€5k-
Furniture and vehicles24€1k€524▼
Current assets29/58€50k€28k▼
Stocks and contracts in progress3€2k€3k▲
Stocks30/36€2k€3k▲
Amounts receivable within one year40/41€10k€13k▲
Other amounts receivable41€10k€13k▲
Cash at bank and in hand54/58€38k€11k▼
Equity and liabilities
Total equity and liabilities10/49€56k€28k▼
Equity10/15€-59k€-71k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-79k€-91k▼
Amounts payable17/49€114k€99k▼
Amounts payable within one year42/48€114k€99k▼
Trade debts44€8k€17k▲
Suppliers440/4€8k€17k▲
Advances received on contracts in progress46-€23k
Taxes, remuneration and social security45€55k€10k▼
Taxes450/3€24k€3k▼
Remuneration and social security454/9€30k€6k▼
Other amounts payable47/48€52k€50k▼
Income statement
Code20232024
Remuneration, social security and pensions62€88k€64k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€5k▼
Other operating charges640/8€4k€124▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€139k€75k▼
Operating profit (loss)9901€28k€2k▼
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€5k€14k▲
Recurring financial charges65€5k€14k▲
Profit (loss) for the period before taxes9903€23k€-12k▼
Income taxes67/77-€809
Profit (loss) for the period9904€23k€-13k▼
Profit (loss) for the period to be appropriated9905€23k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-91k▼
Profit (loss) brought forward from the previous period14P€-101k€-79k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €23k
Net result €23k after 4 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 13 days late
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 272 days late
2022
31-12
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 199 days late
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Ukkel · 1 establishment unit since 2019
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.
Vanderkinderestraat 3531180 UkkelGround area
137 m²
Building footprint
124 m²
Volume, LiDAR
1,581 m³
Parcel 21612C0004/00A038, Brussels · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Beer Bar 1180
since 20192.295.590.320
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0004/00A038 | Brussels | 137 m² | 1 · 124 m² | 16.2 m · 4 fl. |
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 siteUkkel2.295.590.320
Similar companies · same sector, comparable size
AV TEAM GROUP
BE 0727.662.128
Boussu · Eq €13k
LE 170
BE 0892.683.872
Schaarbeek · Eq €13k
ELITT
BE 0694.712.119
Schaarbeek · Eq €13k
Koffer
BE 0777.689.679
Zemst · Eq €13k
la schtouff
BE 0867.294.519
Namur · Eq €13k
Of 13,832 companies in sector 56301 we hold annual accounts for 4,808. 3,671 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2019
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:beerbar_1180@outlook.com