BUBBLE BAR CHARLEROI

Judicial reorganisation

Private limited companyfounded 20197 yrs activePlace de la Digue 35, 6000 Charleroi, BelgiumKBO/BCE: BE 0727.894.136

The file of BUBBLE BAR CHARLEROI contains 2 judicial reorganisations, as published in the Belgian State Gazette. The KBO register records for BUBBLE BAR CHARLEROI the legal situation: special situation (code 091); this is today's state according to the register itself, which carries no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show equity of €37k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 18944 sector peers (fiscal year 2024).

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Checked score

Score 2024

26 / 100

Weak

The score weighs solvency, liquidity and profitability. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability44▲+44

Solvency34▼-9

Growth85▲+17

Track record30

Credit verdict

No credit on open account during an ongoing judicial reorganisation

Liquidity short (current ratio 0.79 against 0.54 in 2023; short-term debt: 91.3% and cash: 0.4% of total assets), and 91.3% of the assets are financed with debt.

How do we compute this score?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: special situation (code 091). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

In judicial reorganisation

Ongoing procedure under court protection (Book XX WER). The company is restructuring.

Belgian State Gazette

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-12-2025, 131 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

131 d late

2023

254 d late

2022

193 d late

2021

289 d late

2020

317 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€435k▲ 100%

2020 · €217k

2020: €217k

2020 → 2021

EBIT margin

18.6%▲ 25.6pp

2020 · -7.1%

2020: -7.1%

2020 → 2021

Net result

€4k

2023 · €-42k

2020: €-17k 2021: €63k 2022: €24k 2023: €-42k

2020 → 2024

Working capital

€-80k▼ 17.9%

2023 · €-67k

2020: €-59k 2021: €8k 2022: €-15k 2023: €-67k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€217k-€435k▲ 100%

Equity€-12k-€51k€75k▲ 47.5%€33k▼ 56.1%€37k▲ 11.8%

Operating result€-15k-€81k€24k▼ 69.8%€-40k€9k

Net result€-17k-€63k€24k▼ 61.3%€-42k€4k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €9k after a loss of €40k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €424k

27.5%

72.5%

Fixed assets €117k▲ 15.9%

Current assets €308k▲ 282%

Equity and liabilities €424k

91.3%

Equity €37k▲ 11.8%

Debt €387k▲ 161%

The debt ratio rises from 81.7% to 91.3%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€15k▲

2023 · €-16k

Cash flow

€10k▲

2023 · €-19k

Solvency

8.7%▼

2023 · 18.3%

Current ratio

0.79▲

2023 · 0.54

Quick ratio

0.74▲

2023 · 0.39

Debt / equity

10.47▲

2023 · 4.48

ROE

10.6%▲

2023 · -127.9%

ROA

0.9%▲

2023 · -23.3%

Interest coverage

2.86▲

2023 · -6.84

Debt

€387k▲

2023 · €148k

Debt ≤ 1 year

€387k▲

2023 · €148k

Staff costs

€61k▲

2023 · €13k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€181k€424k▲

Fixed assets21/28€101k€117k▲

Tangible fixed assets22/27€100k€116k▲

Land and buildings22€607€586▼

Plant, machinery and equipment23€27k€30k▲

Furniture and vehicles24€68k€66k▼

Leasing and similar rights25€4k€4k▼

Other tangible fixed assets26-€16k

Financial fixed assets28€798€798=

Current assets29/58€81k€308k▲

Stocks and contracts in progress3€22k€22k=

Stocks30/36€22k€22k=

Amounts receivable within one year40/41€32k€284k▲

Trade receivables40€14k€196k▲

Other amounts receivable41€18k€87k▲

Cash at bank and in hand54/58€27k€2k▼

Deferred charges and accrued income490/1-€18

Equity and liabilities

Total equity and liabilities10/49€181k€424k▲

Equity10/15€33k€37k▲

Contributions10/11€5k€5k=

Profit (loss) carried forward14€28k€32k▲

Amounts payable17/49€148k€387k▲

Amounts payable within one year42/48€148k€387k▲

Trade debts44€115k€199k▲

Suppliers440/4€115k€199k▲

Taxes, remuneration and social security45€33k€188k▲

Taxes450/3€33k€180k▲

Remuneration and social security454/9-€8k

Income statement Code20232024

Remuneration, social security and pensions62€13k€61k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€6k▼

Other operating charges640/8€3k€1k▼

Gross operating margin9900€-1k€78k▲

Operating profit (loss)9901€-40k€9k▲

Financial charges65/66B€2k€5k▲

Recurring financial charges65€2k€5k▲

Profit (loss) for the period before taxes9903€-42k€4k▲

Income taxes67/77€182-

Profit (loss) for the period9904€-42k€4k▲

Profit (loss) for the period to be appropriated9905€-42k€4k▲

Appropriation of the result

Profit (loss) to be appropriated9906€28k€32k▲

Profit (loss) brought forward from the previous period14P€70k€28k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Signals 2Financial 4Filings 5

2026

14-04

Judicial reorganisation Extension

Tribunal de l’entreprise du Hainaut · collectif · event 30-03-2026

06-02

Judicial reorganisation Opening

Tribunal de l’entreprise du Hainaut · collectif_pme · event 30-01-2026

2025

09-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 131 days late

11-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 254 days late

2024

31-12

Financial Back to profitnet €4k

Net result €4k after one loss-making year.

09-02

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 193 days late

2023

31-12

Financial Weakest financial yearnet €-42k ▼274%

Net result drops to €-42k, the lowest in the series; recovery starts the following year.

16-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 289 days late

2022

13-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 317 days late

2021

31-12

Financial Back to profitnet €63k

Net result €63k after one loss-making year.

31-12

Financial Liquidity triplescurrent ratio 1.05

Current ratio from 0.41 to 1.05.

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2021

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-06-2021 Resigned as Managing director

Location & real-estate footprint

Registered office, Charleroi · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Place de la Digue 356000 Charleroi

Ground area

236 m²

Building footprint

77 m²

Parcel 52011C0106/00Y004, Wallonia. Linked by address, not a title deed.