BITTER
ActiveSummary
The computed 12-month bankruptcy probability of BITTER is 2.4% (moderate). The 2025 annual accounts show equity of €19,381 and a net result of €2,362. Equity is shrinking by about 2.8% per year across the filed financial years. Its solvency ranks better than 55% of 16,925 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €19,381
- Profit
- €2,362
Why 53raises riskFounded in 2023Sector: Food and beverage service activities (NACE 56)Size: total assets €54,563lowers riskLiquidity: current ratio 1.56, cash €14,643Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 55% on solvency, 72% on liquidity, 41% on profitability and 60% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 18 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €2,362
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (19 days) Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00407142.
2023 to 2025, 3 financial years
The operating result returns to profit in 2025: €5,590 after a loss of €415 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €261 | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,695 | €4,824 | €5,304 | ▲ 10.0% |
| Other operating charges640/8 | €751 | - | €245 | - |
| Gross operating margin9900 | €14,490 | €4,408 | €11,139 | ▲ 153% |
| Operating profit (loss)9901 | €11,783 | -€415 | €5,590 | - |
| Financial income75/76B | €20 | €0 | €332 | ▲ 1,951× |
| Recurring financial income75 | €20 | €0 | €332 | ▲ 1,951× |
| Financial charges65/66B | €1,518 | €3,042 | €2,520 | ▼ 17.2% |
| Recurring financial charges65 | €1,518 | €3,042 | €2,520 | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | €10,285 | -€3,457 | €3,402 | - |
| Income taxes67/77 | €1,809 | - | €1,040 | - |
| Profit (loss) for the period9904 | €8,476 | -€3,457 | €2,362 | - |
| Profit (loss) for the period to be appropriated9905 | €8,476 | -€3,457 | €2,362 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €62,479 | €54,787 | €54,563 | ▼ 0.4% |
| Fixed assets21/28 | €31,434 | €28,293 | €24,308 | ▼ 14.1% |
| Tangible fixed assets22/27 | €25,434 | €21,793 | €17,808 | ▼ 18.3% |
| Plant, machinery and equipment23 | €7,130 | €5,038 | €2,946 | ▼ 41.5% |
| Furniture and vehicles24 | €4,952 | €4,778 | €4,261 | ▼ 10.8% |
| Other tangible fixed assets26 | €13,352 | €11,977 | €10,601 | ▼ 11.5% |
| Financial fixed assets28 | €6,000 | €6,500 | €6,500 | = |
| Current assets29/58 | €31,044 | €26,494 | €30,255 | ▲ 14.2% |
| Stocks and contracts in progress3 | €7,279 | €10,209 | €5,712 | ▼ 44.0% |
| Stocks30/36 | €7,279 | €10,209 | €5,712 | ▼ 44.0% |
| Amounts receivable within one year40/41 | €6,837 | €9,018 | €8,401 | ▼ 6.8% |
| Trade receivables40 | €549 | €2,526 | €2,858 | ▲ 13.1% |
| Other amounts receivable41 | €6,288 | €6,492 | €5,542 | ▼ 14.6% |
| Cash at bank and in hand54/58 | €13,179 | €5,760 | €14,643 | ▲ 154% |
| Deferred charges and accrued income490/1 | €3,749 | €1,508 | €1,499 | ▼ 0.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €62,479 | €54,787 | €54,563 | ▼ 0.4% |
| Equity10/15 | €20,476 | €17,019 | €19,381 | ▲ 13.9% |
| Contributions10/11 | €12,000 | €12,000 | €12,000 | = |
| Profit (loss) carried forward14 | €8,476 | €5,019 | €7,381 | ▲ 47.1% |
| Amounts payable17/49 | €42,003 | €37,769 | €35,182 | ▼ 6.8% |
| Amounts payable after more than one year17 | €29,324 | €22,669 | €15,735 | ▼ 30.6% |
| Financial debts170/4 | €29,324 | €22,669 | €15,735 | ▼ 30.6% |
| Amounts payable within one year42/48 | €12,679 | €14,503 | €19,386 | ▲ 33.7% |
| Current portion of amounts payable after more than one year42 | €5,676 | €6,654 | €7,435 | ▲ 11.7% |
| Trade debts44 | €1,030 | €1,824 | €3,712 | ▲ 104% |
| Suppliers440/4 | €1,030 | €1,824 | €3,712 | ▲ 104% |
| Advances received on contracts in progress46 | €30 | €60 | €60 | = |
| Taxes, remuneration and social security45 | €5,743 | €5,965 | €8,179 | ▲ 37.1% |
| Taxes450/3 | €5,743 | €5,965 | €7,679 | ▲ 28.7% |
| Remuneration and social security454/9 | €0 | - | €500 | - |
| Other amounts payable47/48 | €200 | - | €0 | - |
| Accrued charges and deferred income492/3 | - | €596 | €62 | ▼ 89.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,476 | -€3,457 | €2,362 | - |
| + Depreciation and write-downs630 | €1,695 | €4,824 | €5,304 | ▲ 10.0% |
| Operating cash flow (approximation) | €10,171 | €1,367 | €7,666 | ▲ 461% |
| Investment in fixed assets (approximation) | - | -€1,683 | -€1,319 | ▲ 21.6% |
| Change in cash | - | -€7,419 | €8,883 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-08-2026 | 2026-00407142 |
| 31-12-2024 | micro format | 05-08-2025 | 2025-00361923 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00398555 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DAMOISEAU Emeric Désiré Vladimir Ghislain |
|
| LECLUSE Morgane Dominique Marie Simone |
|
Owners and capital
Capital and shareholders
- DAMOISEAU Emeric Désiré Vladimir Ghislain 60 shares (50%)
- LECLUSE Morgane Dominique Marie Simone 60 shares (50%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-07-2023 Incorporation · €12,000 · 120 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-07
Gazette deed
IncorporationAppointments: DAMOISEAU Emeric Désiré Vladimir Ghislain (director) and LECLUSE Morgane Dominique Marie Simone (director) · Pre-incorporation commitments · Registered office clause21 facts ▸
- General meeting, “à l'instant société constituée, dispositions finales et transitoires” (deed in French)
- Director appointment, DAMOISEAU Emeric Désiré Vladimir Ghislain (director)
- Director appointment, LECLUSE Morgane Dominique Marie Simone (director)
- Pre-incorporation commitments, “takeover, engagements faits pour compte société en constitution” (deed in French)
- Registered office clause, “4020 Liège,Quai de Gaulle 9/13, administrateur” (deed in French)
- Other provision, “frais de constitution”, 1300 (deed in French)
- Other provision, “droit d'écriture”, 100 (deed in French)
- Incorporation, 28-06-2023
- Founder, DAMOISEAU Emeric Désiré Vladimir Ghislain (comparant)
- Founder, LECLUSE Morgane Dominique Marie Simone (comparant)
- Founding capital, €12,000
- Bank account, 12000, “société en constitution” (deed in French)
- +9 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62816D0061/00N000 | Wallonia | 471 m² | 1 · 293 m² | - |
| 62803A1082/00C000 | Wallonia | 87 m² | 1 · 94 m² | 15.6 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes les activités en rapport direct ou indirect avec la restauration en général et le secteur Horeca, l'organisation de banquets et…” (deed in French)
8 activities (deed in French)
- Toutes les activités en rapport direct ou indirect avec la restauration en général et le secteur Horeca, l'organisation de banquets et réceptions, le service traiteur, y compris l'organisation, la gestion et l'exploitation de restaurants, cafétérias, débits de boissons, buvettes, snacks, hôtels, gîtes et autres lieux de consommation, de restauration sur place ou à emporter ainsi que toutes opérations de tourisme, d'hôtellerie, de divertissements et de loisirs
- L'exploitation, sous sa propre enseigne ou par voie de franchise ou licence, de tout snack-bar, cafétéria, sandwicherie, service de cuisine rapide ou de petite restauration, de tout service traiteur et/ou d'un ou plusieurs restaurants, ainsi que la livraison à domicile et la vente ambulante
- L'importation et l'exportation de tous produits se rapportant à l'objet de la société et notamment l'achat et/ou la vente de toutes marchandises, denrées et de tous produits alimentaires
- La fabrication et le commerce de produits alimentaires, de toutes boissons alcooliques ou non, et d'une façon plus générale de tous services, produits, marchandises et matériel relevant du secteur de l'Horeca, et notamment les activités d'import-export de vins et de toutes boissons
- La préparation, la fabrication, l'importation, l'exportation, l'achat, la vente, en gros ou au détail de toutes denrées alimentaires et de tous aliments à emporter ou à consommer sur place
- La gestion et l'organisation d'évènements récréatifs, sportifs ou culturels mais également l'acquisition, la vente, l'importation, l'exportation, la location et la maintenance de tous appareils, matériels et produits relatifs à l'exercice de cette activité
- Les prestations de services, de conseil, de consultance, d'expertise technique, de gestion et d'organisation d'entreprises
- L'exercice d'un mandat d'administrateur ou de gérant dans une autre société ayant un objet identique ou compatible au sien
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BITTER
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, adresse décidée par organe d'administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs et fonctionnement. Chaque administrateur a le pouvoir d’accomplir tous les actes nécessaires ou utiles à la réalisation…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Déterminée ou indéterminée, un ou plusieurs administrateurs” (deed in French)“Vacance, assemblée” (deed in French)“Frais représentation,voyages,déplacements, rémunérations fixes ou proportionnelles” (deed in French)“Présence et majorité requises par la loi, assemblée générale” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tout transfert à titre particulier ou universel,à titre onéreux ou gratuit,entre vifs ou à cause de mort, actions dont la cession est…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, article 2:73” (deed in French)“Comme modification statuts, assemblée générale” (deed in French)1 more provision on this in the deed