"De Corner Pub"
ActiveSummary
The computed 12-month bankruptcy probability of "De Corner Pub" is 4.8% (elevated). The 2025 annual accounts show negative equity (-€8,175) and a net result of €39,672. Equity is shrinking by ~83.8% per year across the filed fiscal years. Its solvency ranks better than 12% of 13617 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+50
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.2 in 2024; short-term debt: 181.2% and cash: 0.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-81.2%
Return on assets
394.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 13617 sector peers (2025).
NBB · sector comparisonPosition among 13617 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
58 d early
2023
30 d late
2022
7 d late
2021
22 d late
2020
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€8,175▲ 82.9%
2024 · -€47,847
Total assets
€10,067▼ 60.8%
2024 · €25,664
Net result
€39,672
2024 · -€14,490
Working capital
-€9,175▲ 84.3%
2024 · -€58,488
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
Line20212022202320242025
Operating result-€2,958▼ 126%-€14,716▼ 397%-€14,810▼ 0.6%-€14,447▲ 2.5%€39,764
Net result-€2,854below the sector's middle half▼ 107%-€14,843below the sector's middle half▼ 420%-€15,283below the sector's middle half▼ 3.0%-€14,490below the sector's middle half▲ 5.2%€39,672above the sector's middle half
Equity-€3,231below the sector's middle half▼ 757%-€18,074below the sector's middle half▼ 459%-€33,357below the sector's middle half▼ 84.6%-€47,847below the sector's middle half▼ 43.4%-€8,175below the sector's middle half▲ 82.9%
Total assets€77,673within the sector's middle half▼ 11.4%€65,207within the sector's middle half▼ 16.0%€40,898below the sector's middle half▼ 37.3%€25,664below the sector's middle half▼ 37.2%€10,067below the sector's middle half▼ 60.8%
Debt€80,904▼ 8.2%€83,281▲ 2.9%€74,255▼ 10.8%€73,511▼ 1.0%€18,242▼ 75.2%
Working capital-€67,331below the sector's middle half▲ 20.4%-€74,357below the sector's middle half▼ 10.4%-€66,819below the sector's middle half▲ 10.1%-€58,488below the sector's middle half▲ 12.5%-€9,175within the sector's middle half▲ 84.3%
Solvency-4.2%below the sector's middle half▼ 3.7pp-27.7%below the sector's middle half▼ 23.6pp-81.6%below the sector's middle half▼ 53.8pp-186.4%below the sector's middle half▼ 104.9pp-81.2%below the sector's middle half▲ 105.2pp
Current ratio0.17below the sector's middle half▲ 0.130.11below the sector's middle half▼ 0.060.10below the sector's middle half▼ 0.010.20below the sector's middle half▲ 0.100.50below the sector's middle half▲ 0.29
Return on assets (ROA)-3.7%below the sector's middle half▼ 2.1pp-22.8%below the sector's middle half▼ 19.1pp-37.4%below the sector's middle half▼ 14.6pp-56.5%below the sector's middle half▼ 19.1pp394.1%above the sector's middle half▲ 450.5pp
Staff (FTE)1.6▲ 23.1%1.4▼ 12.5%
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €39,764 after a loss of €14,447 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10,067
Fixed assets
€1,000 ▼ 90.6%
Current assets
€9,067 ▼ 39.6%
Key figures and ratios
Debt to equity
-2.23▼
2024 · -1.54
Debt ≤ 1 year
€18,242▼
2024 · €73,511
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.8%
went bankrupt
5.8%
stopped otherwise
89%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €342 | - | €387 | - | €39,734 | - |
| Remuneration, social security and pensions62 | €51,530 | €73,189 | €116 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,108 | €21,386 | €22,821 | €22,821 | - | - |
| Other operating charges640/8 | €924 | €1,164 | €1,359 | €809 | - | - |
| Non-recurring operating charges66A | - | €342 | - | - | - | - |
| Gross operating margin9900 | €69,604 | €81,367 | €9,486 | €9,184 | €39,764 | ▲ 333% |
| Operating profit (loss)9901 | -€2,958 | -€14,716 | -€14,810 | -€14,447 | €39,764 | ▲ 375% |
| Financial income75/76B | €264 | €1 | €9 | - | - | - |
| Recurring financial income75 | €264 | €1 | €9 | - | - | - |
| Financial charges65/66B | €160 | €128 | €481 | €44 | €92 | ▲ 111% |
| Recurring financial charges65 | €160 | €128 | €481 | €44 | €92 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | -€2,854 | -€14,843 | -€15,283 | -€14,490 | €39,672 | ▲ 374% |
| Profit (loss) for the period9904 | -€2,854 | -€14,843 | -€15,283 | -€14,490 | €39,672 | ▲ 374% |
| Profit (loss) for the period to be appropriated9905 | -€2,854 | -€14,843 | -€15,283 | -€14,490 | €39,672 | ▲ 374% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77,673 | €65,207 | €40,898 | €25,664 | €10,067 | ▼ 60.8% |
| Fixed assets21/28 | €64,100 | €56,284 | €33,462 | €10,641 | €1,000 | ▼ 90.6% |
| Intangible fixed assets21 | €3,167 | €2,167 | €1,167 | €167 | - | - |
| Tangible fixed assets22/27 | €60,559 | €53,742 | €31,920 | €10,099 | - | - |
| Plant, machinery and equipment23 | €60,559 | €43,893 | €24,191 | €4,489 | - | - |
| Furniture and vehicles24 | - | €1,768 | €1,368 | €968 | - | - |
| Other tangible fixed assets26 | - | €8,081 | €6,362 | €4,642 | - | - |
| Financial fixed assets28 | €375 | €375 | €375 | €375 | €1,000 | ▲ 167% |
| Current assets29/58 | €13,572 | €8,924 | €7,436 | €15,024 | €9,067 | ▼ 39.6% |
| Amounts receivable within one year40/41 | €5,351 | €71 | €6,970 | €13,824 | €8,972 | ▼ 35.1% |
| Trade receivables40 | €4,269 | €9 | €6,424 | €13,824 | €0 | ▼ 100% |
| Other amounts receivable41 | €1,082 | €62 | €547 | - | €8,972 | - |
| Cash at bank and in hand54/58 | €8,221 | €8,852 | €466 | €1,200 | €88 | ▼ 92.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €7 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77,673 | €65,207 | €40,898 | €25,664 | €10,067 | ▼ 60.8% |
| Equity10/15 | -€3,231 | -€18,074 | -€33,357 | -€47,847 | -€8,175 | ▲ 82.9% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€4,231 | -€19,074 | -€34,357 | -€48,847 | -€9,175 | ▲ 81.2% |
| Amounts payable17/49 | €80,904 | €83,281 | €74,255 | €73,511 | €18,242 | ▼ 75.2% |
| Amounts payable within one year42/48 | €80,904 | €83,281 | €74,255 | €73,511 | €18,242 | ▼ 75.2% |
| Trade debts44 | €76,715 | €68,530 | €69,006 | €67,003 | €2,971 | ▼ 95.6% |
| Suppliers440/4 | €76,715 | €68,530 | €69,006 | €67,003 | €2,971 | ▼ 95.6% |
| Advances received on contracts in progress46 | - | - | €605 | €605 | - | - |
| Taxes, remuneration and social security45 | €4,044 | €10,647 | - | €535 | €10,627 | ▲ 1,885% |
| Taxes450/3 | €1,006 | €6,569 | - | €535 | €10,627 | ▲ 1,885% |
| Remuneration and social security454/9 | €3,038 | €4,078 | - | - | - | - |
| Other amounts payable47/48 | €144 | €4,104 | €4,644 | €5,367 | €4,644 | ▼ 13.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,854 | -€14,843 | -€15,283 | -€14,490 | €39,672 | ▲ 374% |
| + Depreciation and write-downs630 | €20,108 | €21,386 | €22,821 | €22,821 | - | - |
| Operating cash flow (approximation) | €17,254 | €6,543 | €7,539 | €8,331 | €39,672 | ▲ 376% |
| Investment in fixed assets (approximation) | - | -€13,570 | €0 | €0 | €9,641 | - |
| Change in cash | - | €631 | -€8,387 | €734 | -€1,112 | ▼ 251% |
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 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €39,672
Net result €39,672 after 5 loss-making years.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€15,283
Net result drops to -€15,283, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Eeklo · 1 establishment unit since 2020
Ground area
8,096 m²
Building footprint
1,700 m²
Volume, LiDAR
8,865 m³
2 parcels, Flanders · tallest building 19.1 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
De Corner Pub
since 20202.299.864.555
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005A0713/00R000 | Flanders | 8,036 m² | 1 · 1,639 m² | 19.1 m · 2 fl. |
| 43352E0445/00C000 | Flanders | 60 m² | 1 · 61 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 14,001 companies in sector 56301 we hold annual accounts for 4,899. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Contact
Website
www.flandria-drinks.be
E-mail
info@flandria-drinks.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743641590
Also
9925:BE0743641590
Registered
23-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.