Summary
Bubbly is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €6,836 and a net result of €2,316. Its solvency ranks better than 13% of 133 sector peers (fiscal year 2026). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 133 sector peers (2026).
NBB · sector comparisonPosition among 133 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-08-2026, 81 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2026
81 d early
2025
128 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€6,836▲ 51.2%
2025 · €4,520
Net result
€2,316▲ 346%
2025 · €520
Total assets
€50,474▼ 32.6%
2025 · €74,931
Solvency
13.5%▲ 7.5pp
2025 · 6.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20252026
Operating result€1,325-€3,411▲ 157%
Net result€520below the sector's middle half-€2,316▲ 346%
Equity€4,520below the sector's middle half-€6,836▲ 51.2%
Total assets€74,931below the sector's middle half-€50,474▼ 32.6%
Debt€70,411-€43,638▼ 38.0%
Working capital€4,520within the sector's middle half-€6,845▲ 51.4%
Solvency6.0%below the sector's middle half-13.5%▲ 7.5pp
Current ratio1.06within the sector's middle half-1.16▲ 0.09
Return on assets (ROA)0.7%below the sector's middle half-4.6%▲ 3.9pp
Staff (FTE)0.7-0.6▼ 14.3%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2026; 2026 is 157% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €50,474
Equity
€6,836 ▲ 51.2%
Debt
€43,638 ▼ 38.0%
Debt's share of the balance-sheet total falls from 94.0% to 86.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
33.9%▲
2025 · 11.5%
Debt ≤ 1 year
€43,629▼
2025 · €70,411
Income taxes
€886▲
2025 · €751
Staff costs
€37,678▼
2025 · €81,735
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €81,735 | €37,678 | ▼ 53.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,354 | €0 | ▼ 100% |
| Other operating charges640/8 | €1,089 | €787 | ▼ 27.8% |
| Gross operating margin9900 | €86,503 | €41,876 | ▼ 51.6% |
| Operating profit (loss)9901 | €1,325 | €3,411 | ▲ 157% |
| Financial income75/76B | - | €8 | - |
| Recurring financial income75 | - | €8 | - |
| Financial charges65/66B | €54 | €216 | ▲ 298% |
| Recurring financial charges65 | €54 | €216 | ▲ 298% |
| Profit (loss) for the period before taxes9903 | €1,270 | €3,203 | ▲ 152% |
| Income taxes67/77 | €751 | €886 | ▲ 18.1% |
| Profit (loss) for the period9904 | €520 | €2,316 | ▲ 346% |
| Profit (loss) for the period to be appropriated9905 | €520 | €2,316 | ▲ 346% |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €74,931 | €50,474 | ▼ 32.6% |
| Current assets29/58 | €74,931 | €50,474 | ▼ 32.6% |
| Amounts receivable within one year40/41 | €63,216 | €26,513 | ▼ 58.1% |
| Trade receivables40 | €63,216 | €25,072 | ▼ 60.3% |
| Other amounts receivable41 | - | €1,441 | - |
| Cash at bank and in hand54/58 | €11,392 | €23,961 | ▲ 110% |
| Deferred charges and accrued income490/1 | €323 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €74,931 | €50,474 | ▼ 32.6% |
| Equity10/15 | €4,520 | €6,836 | ▲ 51.2% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €520 | €2,836 | ▲ 446% |
| Amounts payable17/49 | €70,411 | €43,638 | ▼ 38.0% |
| Amounts payable within one year42/48 | €70,411 | €43,629 | ▼ 38.0% |
| Trade debts44 | €54,706 | €41,743 | ▼ 23.7% |
| Suppliers440/4 | €54,706 | €41,743 | ▼ 23.7% |
| Taxes, remuneration and social security45 | €14,705 | €886 | ▼ 94.0% |
| Taxes450/3 | €5,221 | €886 | ▼ 83.0% |
| Remuneration and social security454/9 | €9,484 | €0 | ▼ 100% |
| Other amounts payable47/48 | €1,000 | €1,000 | = |
| Accrued charges and deferred income492/3 | - | €9 | - |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €520 | €2,316 | ▲ 346% |
| + Depreciation and write-downs630 | €2,354 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €2,874 | €2,316 | ▼ 19.4% |
| Change in cash | - | €12,569 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2024
Ground area
308 m²
Building footprint
97 m²
Volume, LiDAR
692 m³
Parcel 11344A0512/00X012, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Bubbly
since 20242.362.829.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0512/00X012 | Flanders | 308 m² | 1 · 97 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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LUVIKO
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GLOM
BE 0792.843.455
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BE 0798.142.328
Essen · Eq €6,871
Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 3,995 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-12-2023
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:1003283767
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.