Gross margin from €22,720 to -€13,204Loss of €27,318Registered office moved within Schaerbeek28-03Equity from -€38,540 to -€65,858Debts from €60,080 to €69,590
Latest accounts filed late: after the legal deadline.
Turnover not published (micro format)
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as Broadway Concept has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Micro
10 to 20 years old
negative equity
a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
The companies in ten equal groups, from the lowest to the highest expected share
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 Broadway Concept. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0629791108
Registered office moved within Schaerbeek
New registered office: 97, Rue de Jérusalem à 1030 SCHAERBEEK · Previous registered office: Place Colonel Bremer 119, 1030 Schaerbeek · Name hiddenVisible after signing in holds 100 shares · General meeting of 28-02-2025 · Gazette deed
Change of role: Hidden nameVisible after signing in, from manager to director
Gazette deed
Incorporation
published on 07-05-2015 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Broadway Concept: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €2,770 and €4,360, founded between 2012 and 2016.
The company number of Broadway Concept is 0629.791.108. The VAT number is the same number with BE in front: BE 0629.791.108.
Where is Broadway Concept based?
The registered office is at Jerusalemstraat 97, 1030 Schaerbeek.Company details
What does Broadway Concept do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of Broadway Concept?
Broadway Concept is a private limited company (BV).
When was Broadway Concept founded?
Broadway Concept was founded on 05-05-2015.
Is Broadway Concept still active?
Yes, Broadway Concept is an active enterprise in the KBO register.
What is the turnover of Broadway Concept?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2024 turnover was €170,236.Financials
Is Broadway Concept profitable?
In financial year 2025, Broadway Concept made a loss of €27,318.
Where can I find the annual accounts of Broadway Concept?
Broadway Concept filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Broadway Concept due?
Broadway Concept must file the annual accounts for financial year 2026 by 31-07-2027.Timeline