Turnover
≈ €260,000 estimated
The accounts state no turnover.
BIFA
Lifetime
10 annual accounts with figures on one time axispeak €72,410 (2025)
€72,410▲ 79.1%
lowest -€22,447 (2021)
-€957▼ €19,585
peak €58,345 (2024)
€57,388▼ 1.6%
€49,982▲ 77.7%
Board2 names since 2018
1 directorDOGAN Ilker
Documentsfilings and deeds
07-07-202624 days before the deadline
2025abbreviated format
Gross margin from €40,424 to €72,410Loss of €957Debts from €28,125 to €49,982
Key points
from the 2025 annual accountsChecked score
89
Excellent
Financially stronger than 54% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% 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 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%highest value
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.2%▼ -0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 2.11, cash €67,964
Equity €57,388 (53.4% of total assets)
Founded in 2015
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 71% of them on solvency, 80% on liquidity, 28% on profitability and 38% 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, 6,908 companies had the same profile as BIFA has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BIFA itself: 0.2% 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.
| 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 6,908 companies, not a prediction for BIFA. 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 €5,000 on 30-day terms, only on tighter conditions: historical bankruptcy publications
Liquidity is ample, with a current ratio of 2.11 (3.0 in 2024), above the usual 1.5. Short-term debt is 46.6% and cash 63.3% of total assets. 46.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
34 days early
2023
21 days late
2022
30 days early
2021
13 days early
2020
2 days late
2019
32 days late
← 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 7 days before 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 7 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0641894926
Company renamed from SBA LOGISTICS to BIFA
Reappointment: DOGAN Ilker (director) · “BIFA” (deed in Dutch) · General meeting of 09-01-2024 · Gazette deed
Bankruptcy reversal
Enterprise Court of Antwerp, Antwerp division · judgment of 09-11-2023 · Bankruptcy
Bankruptcy published
Enterprise Court of Antwerp, Antwerp division · judgment of 21-09-2023 · Bankruptcy
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BIFA Antwerp | €107,371 | €72,410 | 53.4% | - |
| MARIO'S PIZZA Brasschaat | €106,580 | €75,593 | 84.9% | - |
| ERCINA Edegem | €115,860 | €82,173 | 17.7% | - |
| Bargo Balen | €131,141 | €74,409 | 53.6% | - |
| Al Tas Opwijk | €103,389 | €73,629 | -13.3% | - |
| A-TROIS Ixelles | €107,130 | €73,936 | 48.3% | - |
| DE IJSBOETIEK Hasselt | €122,276 | €78,119 | 76.1% | - |
These companies have the same main activity as BIFA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €103,000 and €131,000, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 26-10-2015Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Joint committee
- 302Hotels and catering · annual accounts 2022
- Establishment unit
- 2.311.128.2352018 Antwerp, since 01-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- €107,371▲ 24.2%
- Employeeson 31-12-2025
- 7=
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on BIFA
BIFA files the abbreviated format. That format states no turnover. The gross margin rose from -€20,197 in 2016 to €72,410 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 BIFA
- What is the company number of BIFA?
- The company number of BIFA is 0641.894.926. The VAT number is the same number with BE in front: BE 0641.894.926.
- Where is BIFA based?
- The registered office is at Simonsstraat 18, 2018 Antwerp.Company details
- What does BIFA do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of BIFA?
- BIFA is a private limited company (BV).
- When was BIFA founded?
- BIFA was founded on 26-10-2015.
- Is BIFA still active?
- Yes, BIFA is an active enterprise in the KBO register.
- How many employees does BIFA have?
- BIFA had an average of 6.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BIFA fall under?
- In its 2022 annual accounts, BIFA states joint committee 302 (Hotels and catering).
- What is the turnover of BIFA?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €72,410 and 116 comparable companies (NACE 56112). It probably lies between €190,000 and €320,000.
- Is BIFA profitable?
- In financial year 2025, BIFA made a loss of €957.
- Where can I find the annual accounts of BIFA?
- BIFA filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BIFA due?
- BIFA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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