Skip to content

CABBAGE

Active
Private limited companyfounded 2021active for 5 yearsVredestraat 22, 1050 Elsene, BelgiumKBO/BCE: BE 0767.376.106
Summary

The computed 12-month bankruptcy probability of CABBAGE is 4.1% (elevated). The 2024 annual accounts show negative equity (-€309,797) and a net result of -€139,872. Equity is shrinking by about 101% per year across the filed financial years. Its solvency ranks better than 18% of 1,747 sector peers (NACE 56, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
2 sites
Size
€1.2mtotal assets 2024
Staff
16.7 FTE
Equity
-€309,797
Loss
-€139,872
Financial health
46 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.1%
Structure
Accounts 75 days overdue0 of 1 deed read
Why 46raises riskNegative equity -€309,797Sector: Food and beverage service activities (NACE 56)Figures for financial year 2024 (filed 15-07-2025)lowers riskSize: total assets €1.2mShow the evidence

Checked score

Score 2024
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 0-12
equity -26.1% of total assets
Liquidity 28+12
short-term debt 62.6% · cash 8.4%
Profitability 13+13
return on assets -11.8%
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,718 companies, NACE 56, micro)
Last 24 months 11-2024: 3.3% 12-2024: 3.3%● unchanged vs 11-2024 01-2025: 2.9%▼ -0.4 percentage points vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.1 percentage points vs 04-2025 06-2025: 3.2%▲ +0.2 percentage points vs 05-2025 07-2025: 3.4%▲ +0.2 percentage points vs 06-2025 08-2025: 2.5%▼ -0.9 percentage points vs 07-2025 09-2025: 2.5%● unchanged vs 08-2025 10-2025: 2.6%▲ +0.1 percentage points vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.5%▼ -0.1 percentage points vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026lowest value 05-2026: 2.6%▲ +0.1 percentage points vs 04-2026 06-2026: 2.8%▲ +0.2 percentage points vs 05-2026 07-2026: 3.0%▲ +0.2 percentage points vs 06-2026 08-2026: 3.5%▲ +0.5 percentage points vs 07-2026 09-2026: 3.6%▲ +0.1 percentage points vs 08-2026 10-2026: 4.1%▲ +0.5 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.21, compared with 0.1 in 2023, below 1; short-term debt: 62.6% and cash: 8.4% 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, micro): better than 9% on solvency, 23% on liquidity, 22% on profitability and 9% on growth.

The bankruptcy probability was computed on 14-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€309,797
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Figures for financial year 2024 (filed 15-07-2025)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€309,797
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
21 days early
2023
27 days late
2022
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 2 days before 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Weakest financial yearnet -€203,297

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€309,797 View
  • Caution: Equity fell in 2024from -€169,924 to -€309,797 ▼ 82.3% View
  • Caution: Among the weakest 5% on net resultsector median €10,828 · 1,748 companies -€139,872 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€139,872 View

By topic

Financials

Financial year
2024
Total assets
€1.2m
Loss
-€139,872
Solvency
-26.1%
Total assets▼ 6.5%
Net result
20222024
Go to Financials

Company details

Sites
2
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
22-04-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.