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BONARCA

Active
Public limited companyfounded 2025active for 1 yearKwakkel(SP) 3, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 1020.571.048
Summary

The computed 12-month bankruptcy probability of BONARCA is 4.4% (elevated). The 2025 annual accounts show equity of €63,279 and a net result of -€221. Its solvency ranks better than 89% of 4,800 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 28-02-2025 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 3 others
Establishment unit
2.371.433.432 9170 Sint-Gillis-Waas, since 28-02-2025
Financial year end
31 December
Peppol
Reachable since 11-07-2025

Board and ownership

Board

Financial position

49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.4%
Annual accounts 2025
Gross margin
€6,519
Turnover
≈ €70,000
estimated
Loss
€221
Equity
€63,279
Total assets
€83,610
Score breakdownraises riskFounded in 2025Size: total assets €83,610Sector: Food and beverage service activities (NACE 56)Liquidity: current ratio 1.31, cash €199Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 59% of micro companies in food and beverage service (NACE 56)
Financial strength
Strong
Solvency 100
equity 75.7% of total assets
Liquidity 41
short-term debt 24.3% · cash 0.2%
Profitability 68
return on assets -0.3%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 03-2026: 3.5%lowest value 04-2026: 3.5%● unchanged vs 03-2026lowest value 05-2026: 3.6%▲ +0.1 percentage points vs 04-2026 06-2026: 3.9%▲ +0.3 percentage points vs 05-2026 07-2026: 4.0%▲ +0.1 percentage points vs 06-2026 08-2026: 4.2%▲ +0.2 percentage points vs 07-2026 09-2026: 4.2%● unchanged vs 08-2026 10-2026: 4.4%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 4.4%● unchanged vs 10-2026highest value
Credit of up to €3,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.31, below the usual 1.5. Short-term debt is 24.3% and cash 0.2% of total assets. 24.3% of the assets are financed with debt and provisions.
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 94% of them on solvency, 36% on liquidity and 47% on profitability.

The bankruptcy probability was computed on 03-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €83,610
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Liquidity: current ratio 1.31, cash €199
NBB · annual accounts
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 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
25 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Positive: Higher solvency than 88% of companies in food and beverage servicesector median 29.9% · 4,800 companies 75.7% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €63,500 · Appointment: AENDENBOOM Sara Josephine Roger (sole director)
All 2 events

Comparable companies

These companies have the same main activity as BONARCA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €61,400 and €91,700, founded between 2024 and 2025.

CompanyTotal assetsGross margin
BONARCA Sint-Gillis-Waas€83,610€6,519
Au Repère Gourmand Plombières€72,152€5,800
TALIA G Geraardsbergen€74,152€4,325
2THEMOON Brussel€69,803€7,868
SHIRI Elsene€91,695€4,612
FRITUUR LING Leopoldsburg€61,395€6,675
Egems Frietuurke Pittem€70,005€10,188
Full comparison

Key facts about BONARCA

What is the company number of BONARCA?
The company number of BONARCA is 1020.571.048. The VAT number is the same number with BE in front: BE 1020.571.048.
Where is BONARCA based?
The registered office is at Kwakkel(SP) 3, 9170 Sint-Gillis-Waas.Company details
What does BONARCA 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 BONARCA?
The legal form of BONARCA is Public limited company (NV).
When was BONARCA founded?
BONARCA was founded on 28-02-2025.
Is BONARCA still active?
Yes, BONARCA is an active enterprise in the KBO register.
What is the turnover of BONARCA?
The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €6,519 and 36 comparable companies (NACE 56112). It probably lies between €40,000 and €130,000. It is a rough estimate.Financials
Is BONARCA profitable?
In financial year 2025, BONARCA made a loss of €221.
Where can I find the annual accounts of BONARCA?
BONARCA filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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