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Bubble Bar

Active
Private limited companyfounded 2014active for 11 yearsNationalestraat 4, 2000 Antwerpen, BelgiumKBO/BCE: BE 0564.709.947

The file of Bubble Bar contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 3.6% (moderate). The 2024 annual accounts show equity of €494,783 and a net result of €52,196. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 2,937 sector peers (NACE 56, financial year 2024).

Overview

Activity
Cafés and bars
NACE 56301Limited-service restaurants, excluding mobile food services NACE 56112
8 sites
Size
€1.1mtotal assets 2024
Staff
15.1 FTE
Equity
€494,783
Profit
€52,196
Turnover not published (abbreviated or micro format)Net result -69%: other schema
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.6%
Structure
Accounts 74 days overdue0 of 2 deeds read
Why 50raises riskFigures for financial year 2024 (filed 24-09-2025)1 financial year not filed after the legal deadline; latest accounts 55 days late; 1 of the last 3 lateSector: Food and beverage service activities (NACE 56)8 establishment unitsShow the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 53% of its sector peers (NACE 56, small)
Financial strength · tick = 2023
Average
Solvency 70-15
equity 45.4% of total assets
Liquidity 37-3
short-term debt 42.4% · cash 5.5%
Profitability 71-26
return on assets 4.8%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.9% (1,620 companies, NACE 56, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024lowest value 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.3 percentage points vs 06-2025 08-2025: 1.8%▲ +0.6 percentage points vs 07-2025 09-2025: 2.7%▲ +0.9 percentage points vs 08-2025 10-2025: 2.2%▼ -0.5 percentage points vs 09-2025 11-2025: 1.4%▼ -0.8 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.3%▼ -0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.7 percentage points vs 07-2026 09-2026: 2.4%▲ +0.4 percentage points vs 08-2026 10-2026: 3.6%▲ +1.2 percentage points vs 09-2026highest value
Credit of up to €24,000 on 30-day terms, only on tighter conditions: historical bankruptcy publications
Liquidity tight (current ratio 1.43, compared with 0.93 in 2023, below the usual 1.5; short-term debt: 42.4% and cash: 5.5% of total assets), and 54.6% of the assets are financed with debt and provisions.
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, small): better than 72% on solvency, 28% on liquidity, 49% on profitability and 63% on growth.

The bankruptcy probability was computed on 12-10-2026 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

Seven signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 24-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 55 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 8 establishment units
KBO · seat and establishments
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
55 days late
2023
5 days early
2022
41 days early
2021
51 days early
2020
57 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Bankruptcy reversalEnterprise Court of Antwerp, Antwerp…
  2. OpeningEnterprise Court of Antwerp, Antwerp…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2024different schema filed ▼ 68.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Positive: Among the best 19% on equitysector median €137,949 · 2,938 companies €494,783 View
  • Positive: 7 profitable years in a rowprofit 2024: €52,196 7 years View

By topic

Financials

Financial year
2024
Total assets
€1.1m
Profit
€52,196
Solvency
45.4%
Total assets▲ 48.7%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 26-07-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2024
  3. 20-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
8
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
15-10-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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