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BUNZ

Active
Public limited companyfounded 2010active for 15 yearsBorsbeeksebrug 34, 2600 Antwerpen, Belgium103 active companies are registered at this addressKBO/BCE: BE 0831.280.397
Summary

The computed 12-month bankruptcy probability of BUNZ is 5.6% (elevated). The 2025 annual accounts show negative equity (-€4.0m) and a net result of -€1.4m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 922 sector peers (NACE 56, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301Full-service restaurants NACE 56111
5th largest employer in the province of Antwerp, Food and beverage service sector8 sites
Size
€9.3mturnover 2025
Staff
107.6 FTE
Equity
-€4.0m
Loss
-€1.4m
Financial health
33 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.6%
Structure
Parent
Beetroot Invest · 100%
Holdings
2
Accounts 22 days early1 of 17 deeds read
Why 33raises riskNegative equity -€4.0mLoss of €1.4m (financial year 2025)Sector: Food and beverage service activities (NACE 56)8 establishment unitsShow the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 6% of its sector peers (NACE 56, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -209.4% of total assets
Liquidity 4+3
short-term debt 291.4% · cash 3.3%
Profitability 1-48
return on assets -70.7%
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (68 companies, NACE 56, medium-sized)
Last 24 months 11-2024: 2.7% 12-2024: 2.7%● unchanged vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.6%▼ -0.1 percentage points vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 2.5%▼ -0.1 percentage points vs 03-2025 05-2025: 2.6%▲ +0.1 percentage points vs 04-2025 06-2025: 2.7%▲ +0.1 percentage points vs 05-2025 07-2025: 2.4%▼ -0.3 percentage points vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 2.4%● unchanged vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.3%▼ -0.1 percentage points vs 01-2026 03-2026: 2.2%▼ -0.1 percentage points vs 02-2026 04-2026: 2.2%● unchanged vs 03-2026lowest value 05-2026: 2.2%● unchanged vs 04-2026 06-2026: 2.5%▲ +0.3 percentage points vs 05-2026 07-2026: 5.6%▲ +3.1 percentage points vs 06-2026highest value 08-2026: 5.6%● unchanged vs 07-2026highest value 09-2026: 5.6%● unchanged vs 08-2026highest value 10-2026: 5.6%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.11, compared with 0.11 in 2024, below 1; short-term debt: 291.4% and cash: 3.3% of total assets), and equity is negative.
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, medium-sized): better than 7% on solvency, 2% on liquidity, 8% on profitability and 8% 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

Six signals.
raises riskneutral
raises risk · Negative equity -€4.0m
NBB · annual accounts
raises risk · Loss of €1.4m (financial year 2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 8 establishment units
KBO · seat and establishments
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192021232425
2018 to 2025 · latest year -€4.0m
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 08-06-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
26 days early
2023
17 days early
2021
138 days late
2020
89 days late
2019
280 days late
2018
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 63 days after 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 (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 8 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representatives: Filip DE BOCK, Stefan…Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€4.0m View
  • Caution: From profit to loss in 2025after €6.5m in 2024 -€1.4m View
  • Caution: Among the weakest 5% on net resultsector median €9,807 · 923 companies -€1.4m View
  • Controlled by Beetroot Investultimately: TIMELESS INVESTMENTS 100% View

By topic

Financials

Financial year
2025
Turnover
€9.3m
Loss
-€1.4m
Solvency
-209.4%
Turnover▼ 22.5%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2013
Next accounts
by 30-06-2027
  1. 30-11-2024Back to profit
  2. 13-06-2024Annual accounts filed
  3. 16-12-2022Annual accounts filed
Go to Timeline

Company details

Sites
8
Legal form
Public limited company
Activity
Cafés and barsNACE 56301
Founded
22-11-2010
Year ends
30-11
Peppol
Reachable for e-invoices
Go to Company details

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