Bipanema
ActiveBipanema has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316k and a net result of €35k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 799 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+2
Solvency100=
Growth59▲+13
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 9.07 against 71.67 in 2024; short-term debt: 2.2% and cash: 15.9% of total assets), and 2.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.8%
Return on assets
10.9%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
23 d early
2023
12 d early
2022
31 d early
2021
26 d early
2020
24 d early
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€253k▼ 3.3%
2018 · €262k
2018: €262k
2018 → 2019
EBIT margin
-20.9%▲ 12.4pp
2018 · -33.3%
2018: -33.3%
2018 → 2019
Net result
€35k▲ 40.2%
2024 · €25k
2018: €-88k
2019: €-53k
2020: €9k
2021: €-21k
2022: €20k
2023: €6k
2024: €25k
2018 → 2025
Working capital
€59k▼ 79.1%
2024 · €281k
2018: €103k
2019: €146k
2020: €190k
2021: €214k
2022: €239k
2023: €247k
2024: €281k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€231k-€250k▲ 8.5%€256k▲ 2.3%€281k▲ 9.8%€316k▲ 12.6%
Operating result€-21k-€20k€6k▼ 68.7%€26k▲ 309%€28k▲ 9.6%
Net result€-21k-€20k€6k▼ 70.9%€25k▲ 341%€35k▲ 40.2%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €324k
Fixed assets
€258k
Current assets
€66k
Equity and liabilities €324k
Equity
€316k▲ 12.6%
Debt
€7k▲ 83.0%
The debt ratio rises from 1.4% to 2.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▲
2024 · €27k
Cash flow
€37k▲
2024 · €26k
Solvency
97.8%▼
2024 · 98.6%
Current ratio
9.07▼
2024 · 71.67
Quick ratio
9.07▼
2024 · 71.67
Debt / equity
0.02▲
2024 · 0.01
ROE
11.2%▲
2024 · 9.0%
ROA
10.9%▲
2024 · 8.8%
Interest coverage
51.23▲
2024 · 47.90
Debt
€7k▲
2024 · €4k
Debt ≤ 1 year
€7k▲
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€285k€324k▲
Fixed assets21/28€0€258k▲
Tangible fixed assets22/27€0€13k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€0€13k▲
Other tangible fixed assets26€0-
Financial fixed assets28-€245k
Current assets29/58€285k€66k▼
Stocks and contracts in progress3€0€0=
Stocks30/36€0€0=
Amounts receivable within one year40/41€9k€11k▲
Trade receivables40€8k€3k▼
Other amounts receivable41€525€8k▲
Cash at bank and in hand54/58€276k€52k▼
Deferred charges and accrued income490/1€0€3k▲
Equity and liabilities
Total equity and liabilities10/49€285k€324k▲
Equity10/15€281k€316k▲
Contributions10/11€600k€600k=
Capital10-€600k
Issued capital100-€600k
Profit (loss) carried forward14€-319k€-284k▲
Amounts payable17/49€4k€7k▲
Amounts payable within one year42/48€4k€7k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€991€146▼
Taxes450/3€991€146▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-479-
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€8k-
Gross operating margin9900€35k€31k▼
Operating profit (loss)9901€26k€28k▲
Financial income75/76B-€8k
Recurring financial income75-€8k
Financial charges65/66B€560€578▲
Recurring financial charges65€560€578▲
Profit (loss) for the period before taxes9903€25k€35k▲
Profit (loss) for the period9904€25k€35k▲
Profit (loss) for the period to be appropriated9905€25k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-319k€-284k▲
Profit (loss) brought forward from the previous period14P€-344k€-319k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €35k ▲40.2%
Operating result €28k, net result €35k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 71.67
Current ratio from 16.66 to 71.67; short-term debt falls from €16k to €4k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 19.69
Current ratio from 5.72 to 19.69; short-term debt falls from €40k to €11k.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 4.32
Current ratio from 2.04 to 4.32; short-term debt falls from €99k to €44k.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Aartselaar · 1 establishment unit since 2015
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.
Antwerpsesteenweg 1362630 AartselaarGround area
1.4 ha
Building footprint
6,455 m²
Volume, LiDAR
54,023 m³
Parcel 11001B0001/00Z000, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bipanema
since 20152.248.735.657
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0001/00Z000 | Flanders | 1.4 ha | 1 · 6,455 m² | 11.2 m · 3 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 siteAartselaar2.248.735.657
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Of 14,028 companies in sector 56301 we hold annual accounts for 4,893. 2,557 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2015
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
10830Manufacture of food products
46370Wholesale trade
46431Wholesale of electrical household appliances and audio-video equipment
47279Other retail sale of food
47299Retail trade
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.