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BUBBLE GUM

Active Risk: low
Limited partnershipfounded 198541 yrs activeBeulk 90, 2275 Lille, BelgiumKBO/BCE: BE 0427.451.977
Summary

BUBBLE GUM has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €164,818 and a net result of -€6,604. Equity is shrinking by ~7.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

No current score
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2017 · tick = 2016
Profitability29▲+7
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2017
Solvency, return and age of the figures
Solvency
84.2%
Return on assets
-3.4%
Age of the figures
111 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
neutral · No filing for years
The last filed financial year closed on 30-06-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-06-2018 close31-01-2019 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2017 was due by 31-01-2018 and was filed on 29-12-2017, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

On 5 July 1985, BUBBLE GUM was incorporated.1 Total assets went from EUR 308,965 in 2013 to EUR 195,824 in 2017.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2013 and 2017

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Financials · fiscal year 2017, micro schema

Equity
€164,818▼ 3.9%
2016 · €171,422
Total assets
€195,824▼ 12.1%
2016 · €222,772
Net result
-€6,604▲ 53.6%
2016 · -€14,227
Working capital
€55,866▲ 32.2%
2016 · €42,243
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20132014201520162017
Operating result-€11,463--€13,756▼ 20.0%-€13,107▲ 4.7%-€13,046▲ 0.5%-€6,086▲ 53.3%
Net result-€14,170--€16,060▼ 13.3%-€14,850▲ 7.5%-€14,227▲ 4.2%-€6,604▲ 53.6%
Equity€216,559-€200,499▼ 7.4%€185,649▼ 7.4%€171,422▼ 7.7%€164,818▼ 3.9%
Total assets€308,965-€283,204▼ 8.3%€248,735▼ 12.2%€222,772▼ 10.4%€195,824▼ 12.1%
Debt€92,406-€82,705▼ 10.5%€63,086▼ 23.7%€51,350▼ 18.6%€31,006▼ 39.6%
Working capital€47,476-€50,107▲ 5.5%€51,879▲ 3.5%€42,243▼ 18.6%€55,866▲ 32.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2013: -€11,463-€11,463Net result 2013: -€14,170-€14,170Operating result 2014: -€13,756-€13,756Net result 2014: -€16,060-€16,060Operating result 2015: -€13,107-€13,107Net result 2015: -€14,850-€14,850Operating result 2016: -€13,046-€13,046Net result 2016: -€14,227-€14,227Operating result 2017: -€6,086-€6,086Net result 2017: -€6,604-€6,60420132014201520162017-€15,000-€10,000-€5,000€0Operating result 2015: -€13,107Net result 2015: -€14,850-€14,900Operating result 2016: -€13,046-€13,000Net result 2016: -€14,227-€14,200Operating result 2017: -€6,086-€6,090Net result 2017: -€6,604-€6,600201520162017
The operating result stays negative: a loss of €6,086 in 2017 against €13,046 in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €195,824
Fixed assets €122,286 ▼ 21.5%
Current assets €73,538 ▲ 9.9%
Equity and liabilities €195,824
Equity €164,818 ▼ 3.9%
Debt €31,006 ▼ 39.6%
Debt's share of the balance-sheet total falls from 23.1% to 15.8%. Equity and debt are lower.
Key figures and ratios
2017 value · change against 2016
EBITDA
€27,474▲
2016 · €20,514
Cash flow
€26,956▲
2016 · €19,333
Current ratio
4.16▲
2016 · 2.71
Debt to equity
0.08▼
2016 · 0.16
ROE
-4.0%▲
2016 · -8.3%
ROA
-3.4%▲
2016 · -6.4%
Debt ≤ 1 year
€17,672▼
2016 · €24,683
Debt > 1 year
€13,334▼
2016 · €26,667
Income taxes
€90▲
2016 · €53
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 24 lines
Balance sheet Code20162017
Assets
Total assets20/58€222,772€195,824▼
Fixed assets21/28€155,846€122,286▼
Tangible fixed assets22/27€155,846€122,286▼
Current assets29/58€66,926€73,538▲
Amounts receivable within one year40/41€35,457€38,224▲
Cash at bank and in hand54/58€29,920€33,134▲
Equity and liabilities
Total equity and liabilities10/49€222,772€195,824▼
Equity10/15€171,422€164,818▼
Contributions10/11€61,973€61,973=
Reserves13€6,197€6,197=
Profit (loss) carried forward14€68,299€61,695▼
Amounts payable17/49€51,350€31,006▼
Amounts payable after more than one year17€26,667€13,334▼
Amounts payable within one year42/48€24,683€17,672▼
Trade debts44€7,701€724▼
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,560€33,560=
Gross operating margin9900€24,320€31,784▲
Operating profit (loss)9901-€13,046-€6,086▲
Recurring financial income75€1,347€1,336▼
Recurring financial charges65€2,475€1,764▼
Profit (loss) for the period before taxes9903-€14,174-€6,514▲
Income taxes67/77€53€90▲
Profit (loss) for the period9904-€14,227-€6,604▲
Profit (loss) for the period to be appropriated9905-€14,227-€6,604▲
Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,171€34,881€34,552€33,560€33,560=
Gross operating margin9900€29,239€25,294€23,664€24,320€31,784▲ 30.7%
Operating profit (loss)9901-€11,463-€13,756-€13,107-€13,046-€6,086▲ 53.3%
Recurring financial income75€2,064€1,653€1,530€1,347€1,336▼ 0.8%
Recurring financial charges65€4,720€3,975€3,220€2,475€1,764▼ 28.7%
Profit (loss) for the period before taxes9903-€14,119-€16,078-€14,797-€14,174-€6,514▲ 54.0%
Income taxes67/77€51-€18€53€53€90▲ 69.8%
Profit (loss) for the period9904-€14,170-€16,060-€14,850-€14,227-€6,604▲ 53.6%
Profit (loss) for the period to be appropriated9905-€14,170-€16,060-€14,850-€14,227-€6,604▲ 53.6%
Line20132014201520162017Change
Assets
Total assets20/58€308,965€283,204€248,735€222,772€195,824▼ 12.1%
Fixed assets21/28€242,178€207,297€174,484€155,846€122,286▼ 21.5%
Tangible fixed assets22/27€242,178€207,297€174,484€155,846€122,286▼ 21.5%
Current assets29/58€66,787€75,907€74,251€66,926€73,538▲ 9.9%
Amounts receivable within one year40/41€39,978€38,266€37,324€35,457€38,224▲ 7.8%
Cash at bank and in hand54/58€24,413€32,910€33,610€29,920€33,134▲ 10.7%
Equity and liabilities
Total equity and liabilities10/49€308,965€283,204€248,735€222,772€195,824▼ 12.1%
Equity10/15€216,559€200,499€185,649€171,422€164,818▼ 3.9%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Reserves13€6,197€6,197€6,197€6,197€6,197=
Profit (loss) carried forward14€113,436€97,376€82,526€68,299€61,695▼ 9.7%
Amounts payable17/49€92,406€82,705€63,086€51,350€31,006▼ 39.6%
Amounts payable after more than one year17€73,095€56,905€40,714€26,667€13,334▼ 50.0%
Amounts payable within one year42/48€19,311€25,800€22,372€24,683€17,672▼ 28.4%
Trade debts44€2,579€3,093€347€7,701€724▼ 90.6%
Line20132014201520162017Change
Profit (loss) for the period9904-€14,170-€16,060-€14,850-€14,227-€6,604▲ 53.6%
+ Depreciation and write-downs630€38,171€34,881€34,552€33,560€33,560=
Operating cash flow (approximation)€24,001€18,821€19,702€19,333€26,956▲ 39.4%
Investment in fixed assets (approximation)-€0-€1,739-€14,922€0▲ 100%
Change in cash-€8,497€700-€3,690€3,214▲ 187%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2017
29-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
22-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
09-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
26-11
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
30-06
Financial Weakest financial yearnet -€16,060
Net result drops to -€16,060, the lowest in the series; recovery starts the following year.
2013
16-12
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
16-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
15-12
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
22-12
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
10-12
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2008
02-12
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lille · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
3,745 m²
Building footprint
1,560 m²
Volume, LiDAR
9,055 m³
2 parcels, Flanders · tallest building 26.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Huidevettersstraat 38, 2000 Antwerpen
NACE 51421
since 19852.027.453.913
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13047D0058/00H000 Flanders 2,372 m² 1 · 310 m² 7.7 m · 2 fl.
11803C1718/00C000 Flanders 1,372 m² 1 · 1,249 m² 26.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formLimited partnership
Founded05-07-1985
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:0427451977
Also 9925:BE0427451977
Registered 26-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.