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BUBBLE LOUNGE

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Private limited company (pre-2019)·Hotels en dergelijke accommodatie· 19 yrs active
Bruggesteenweg 41 ·8830 Hooglede, Belgium
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BE 0889.742.002
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Turnover€212k
EBIT margin29.9%
Net result€4k
Working capital€-45k+30.0%
Directors1
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Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 28-02-2023 with the NBB · fiscal year 2022 · micro
€-100k€0€100k€200kOperating result 2019: €5k€5kNet result 2019: €-77k€-77kRevenue 2021: €212k€212kOperating result 2021: €63k€63kNet result 2021: €4k€4k20192021
RevenueOperating resultNet result
Revenue
€212k
19–21
EBITDA
€106k
+158.0% 19–21
Net profit
€4k
19–21
Cash flow
€47k
19–21
Total assets
€560k
+14.0% 19–21
Equity
€114k
+246.9% 19–21
Working capital
€-45k
+30.0% 19–21
Employees (FTE)
0
19–21
Income taxes
€3k
19–21
Debt
€445k
-2.7% 19–21
Debt ≤ 1y
€90k
+21.2% 19–21
Debt > 1y
€356k
-7.4% 19–21
Current ratio
0.50
+269.4% 19–21
Quick ratio
0.48
+329.4% 19–21
Solvency
20.4%
+204.2% 19–21
Debt / equity
3.11
-73.3% 19–21
ROE
3.6%
19–21
ROA
0.7%
19–21
Net margin
1.9%
19–21
EBITDA margin
50.1%
19–21
Figures by fiscal year
Fiscal year2021
Revenue€212k
EBITDA€106k
Net profit€4k
Cash flow€47k
Staff costs
Income taxes€3k
Dividends
Total assets€560k
Equity€114k
Debt€445k
of which ≤ 1y€90k
of which > 1y€356k
Working capital€-45k
Employees (FTE)
Ratios (computed)
2021
Current ratio0.50
Quick ratio0.48
Working capital ratio-8.0%
Solvency20.4%
Debt / equity3.11
Long-term debt ratio3.11
Interest coverage
Gross margin
Net margin1.9%
ROA0.7%
ROE3.6%
EBITDA margin50.1%
Days sales outstanding5d
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet — Assets
TOTAL ASSETS 20/58€560k
Fixed assets 21/28€515k
Tangible fixed assets 22/27€514k
Financial fixed assets 28€700
Current assets 29/58€45k
Stocks & contracts in progress 3€2k
Amounts receivable within one year 40/41€3k
Cash & bank 54/58€41k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€560k
Equity 10/15€114k
Contributions / capital 10/11€6k
Reserves 13€104k
Accumulated profits (losses) 14€4k
Amounts payable 17/49€445k
Amounts payable after one year 17€356k
Amounts payable within one year 42/48€90k
Trade debts payable within one year 44€18k
Income statement
Turnover 70€212k
Gross operating margin 9900€109k
Operating result 9901€63k
Financial charges 65€9k
Result before taxes 9903€54k
Income taxes 67/77€3k
Net result for the period 9904€51k
Result to be appropriated 9905€51k
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Ratios computed by Checked.

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FY 2021 · computed
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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.