CODE EVENT
ActiveSummary
The computed 12-month bankruptcy probability of CODE EVENT is 4.9% (elevated). For CODE EVENT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€3,167) and a net result of €11,617. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 16689 sector peers (fiscal year 2022). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability100▲+100
Solvency0=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2022Solvency, return and age of the figures
Solvency
-28.4%
Return on assets
104%
Age of the figures
45 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-11-2023, 112 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
112 d late
2021
114 d late
2020
163 d late
2019
227 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 154 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11,617
2021 · -€10,760
Working capital
-€3,273▲ 80.3%
2021 · -€16,624
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Line20182019202020212022
Operating result€1,888-€11,610▲ 515%-€6,799-€5,280▲ 22.3%€12,344
Net result€1,168-€11,667▲ 899%-€7,001within the sector's middle half-€10,760below the sector's middle half▼ 53.7%€11,617within the sector's middle half
Equity-€8,690-€2,977-€4,024within the sector's middle half-€14,784below the sector's middle half▼ 267%-€3,167below the sector's middle half▲ 78.6%
Total assets€21,580-€20,188▼ 6.5%€12,557below the sector's middle half▼ 37.8%€7,610below the sector's middle half▼ 39.4%€11,168below the sector's middle half▲ 46.8%
Debt€30,270-€17,211▼ 43.1%€16,581▼ 3.7%€22,394▲ 35.1%€14,335▼ 36.0%
Working capital-€22,533--€6,323▲ 71.9%-€8,975▼ 41.9%-€16,624▼ 85.2%-€3,273▲ 80.3%
Solvency-40.3%-14.7%▲ 55.0pp-32.0%below the sector's middle half▼ 46.8pp-194.3%below the sector's middle half▼ 162.2pp-28.4%below the sector's middle half▲ 165.9pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €12,344 after a loss of €5,280 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €11,168
Fixed assets
€106 ▼ 94.2%
Current assets
€11,062 ▲ 91.7%
Key figures and ratios
EBITDA
€14,078▲
2021 · -€2,169
Cash flow
€13,351▲
2021 · -€7,649
Current ratio
0.77▲
2021 · 0.26
Quick ratio
0.56▲
2021 · 0.11
Debt to equity
-4.53▼
2021 · -1.51
ROA
104.0%▲
2021 · -141.4%
Interest coverage
17.42▲
2021 · -11.48
Debt ≤ 1 year
€14,335▼
2021 · €22,394
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,240 | €5,602 | €4,350 | €3,111 | €1,734 | ▼ 44.3% |
| Other operating charges640/8 | - | - | - | €1,567 | €3,298 | ▲ 110% |
| Gross operating margin9900 | €9,453 | €20,438 | €1,208 | -€602 | €17,376 | ▲ 2,986% |
| Operating profit (loss)9901 | €1,888 | €11,610 | -€6,799 | -€5,280 | €12,344 | ▲ 334% |
| Financial income75/76B | - | - | - | - | €81 | - |
| Recurring financial income75 | €16 | €190 | - | - | €81 | - |
| Financial charges65/66B | - | - | - | €189 | €808 | ▲ 328% |
| Recurring financial charges65 | €736 | €133 | €202 | €189 | €808 | ▲ 328% |
| Profit (loss) for the period before taxes9903 | €1,168 | €11,667 | -€7,001 | -€5,469 | €11,617 | ▲ 312% |
| Income taxes67/77 | - | - | - | €5,291 | - | - |
| Profit (loss) for the period9904 | €1,168 | €11,667 | -€7,001 | -€10,760 | €11,617 | ▲ 208% |
| Profit (loss) for the period to be appropriated9905 | €1,168 | €11,667 | -€7,001 | -€10,760 | €11,617 | ▲ 208% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,580 | €20,188 | €12,557 | €7,610 | €11,168 | ▲ 46.8% |
| Formation expenses20 | €279 | €59 | - | - | - | - |
| Fixed assets21/28 | €14,624 | €9,241 | €4,951 | €1,840 | €106 | ▼ 94.2% |
| Tangible fixed assets22/27 | €14,624 | €9,241 | €4,951 | €1,840 | €106 | ▼ 94.2% |
| Furniture and vehicles24 | - | - | - | €1,840 | €106 | ▼ 94.2% |
| Current assets29/58 | €6,677 | €10,888 | €7,606 | €5,770 | €11,062 | ▲ 91.7% |
| Stocks and contracts in progress3 | €3,975 | €3,381 | €3,617 | €3,329 | €3,081 | ▼ 7.4% |
| Stocks30/36 | - | - | - | €3,329 | €3,081 | ▼ 7.4% |
| Amounts receivable within one year40/41 | €665 | €3,594 | €2,206 | €615 | €6,284 | ▲ 922% |
| Trade receivables40 | - | - | - | €503 | €363 | ▼ 27.8% |
| Other amounts receivable41 | - | - | - | €112 | €5,921 | ▲ 5,187% |
| Cash at bank and in hand54/58 | €1,691 | €3,913 | €1,405 | €1,826 | €1,255 | ▼ 31.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €442 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,580 | €20,188 | €12,557 | €7,610 | €11,168 | ▲ 46.8% |
| Equity10/15 | -€8,690 | €2,977 | -€4,024 | -€14,784 | -€3,167 | ▲ 78.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€16,750 | -€5,083 | -€12,084 | -€22,844 | -€11,227 | ▲ 50.9% |
| Amounts payable17/49 | €30,270 | €17,211 | €16,581 | €22,394 | €14,335 | ▼ 36.0% |
| Amounts payable after more than one year17 | €1,060 | - | - | - | - | - |
| Amounts payable within one year42/48 | €29,210 | €17,211 | €16,581 | €22,394 | €14,335 | ▼ 36.0% |
| Financial debts43 | - | - | - | €586 | - | - |
| Credit institutions430/8 | - | - | - | €586 | - | - |
| Trade debts44 | €6,026 | - | - | €2,051 | €4,583 | ▲ 123% |
| Suppliers440/4 | - | - | - | €2,051 | €4,583 | ▲ 123% |
| Taxes, remuneration and social security45 | - | - | - | €19,101 | €8,422 | ▼ 55.9% |
| Taxes450/3 | - | - | - | €6,752 | €8,422 | ▲ 24.7% |
| Remuneration and social security454/9 | - | - | - | €12,349 | - | - |
| Other amounts payable47/48 | - | - | - | €656 | €1,330 | ▲ 103% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,168 | €11,667 | -€7,001 | -€10,760 | €11,617 | ▲ 208% |
| + Depreciation and write-downs630 | €5,240 | €5,602 | €4,350 | €3,111 | €1,734 | ▼ 44.3% |
| Operating cash flow (approximation) | €6,408 | €17,269 | -€2,651 | -€7,649 | €13,351 | ▲ 275% |
| Investment in fixed assets (approximation) | - | -€219 | -€60 | €0 | €0 | - |
| Change in cash | - | €2,222 | -€2,508 | €421 | -€571 | ▼ 236% |
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
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 112 days late
2022
31-12
Financial
Back to profitnet €11,617
Net result €11,617 after 2 loss-making years.
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 163 days late
2021
31-12
Financial
Weakest financial yearnet -€10,760
Net result drops to -€10,760, the lowest in the series; recovery starts the following year.
15-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 227 days late
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 232 days late
2019
31-12
Financial
Highest result since 2018net €11,667 ▲899%
Net result €11,667, the highest in the series.
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 204 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Saint-Hubert · 1 establishment unit since 2015
Ground area
111 m²
Building footprint
54 m²
Volume, LiDAR
539 m³
Parcel 84059A0542/00B000, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Code Bar
since 20152.241.210.833
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84059A0542/00B000 | Wallonia | 111 m² | 1 · 54 m² | 11.8 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.
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 2,191 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
Founded14-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Contact
E-mail
dorosario.ju@gmail.comSaint-Hubert
Phone
0494/26.56.32Saint-Hubert
E-invoicing
Reachable via Peppol
Peppol ID
0208:0628594048
Also
9925:BE0628594048
Registered
10-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.