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DE MIDDELLANDSE ZEE

Active
Private limited company (pre-2019)founded 2003active for 23 yearsSluizeken 21, 9000 Gent, BelgiumKBO/BCE: BE 0480.170.586
Summary

The computed 12-month bankruptcy probability of DE MIDDELLANDSE ZEE is 9.1% (elevated). The 2025 annual accounts show negative equity (-€41,491) and a net result of -€2,082. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 5% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 07-05-2003 Normal situation
Activity
Cafés and bars NACE 56301
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Ünal TurgayDirector

Financial position

30 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
9.1%
Annual accounts 2025
Gross margin
-€288
▲ 43.4%
Loss
€2,082
▲ 25.3%
Equity
-€41,491
▼ 5.3%
Total assets
€2,388
=
  • Negative equity on 31-12-2025
  • 2025 accounts filed 61 days after the deadline
Turnover not published (micro format)
Filed on 30-09-2026
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)Loss of €2,082, the second in a row (financial year 2025)lowers riskSize: total assets €2,388Show the evidence

Checked score

Score 2025
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 13% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -1737.2% of total assets
Liquidity 0=
short-term debt 1792.4%
Profitability 0=
return on assets -87.2%
Bankruptcy probability within 12 months
9.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 12.0% 01-2025: 16.6%▲ +4.6 percentage points vs 12-2024 02-2025: 16.6%● unchanged vs 01-2025 03-2025: 17.1%▲ +0.5 percentage points vs 02-2025highest value 04-2025: 15.8%▼ -1.3 percentage points vs 03-2025 05-2025: 15.8%● unchanged vs 04-2025 06-2025: 14.0%▼ -1.8 percentage points vs 05-2025 07-2025: 14.3%▲ +0.3 percentage points vs 06-2025 08-2025: 14.1%▼ -0.2 percentage points vs 07-2025 09-2025: 13.4%▼ -0.7 percentage points vs 08-2025 10-2025: 13.0%▼ -0.4 percentage points vs 09-2025 11-2025: 9.5%▼ -3.5 percentage points vs 10-2025 12-2025: 9.5%● unchanged vs 11-2025 01-2026: 9.5%● unchanged vs 12-2025 02-2026: 9.5%● unchanged vs 01-2026 03-2026: 9.4%▼ -0.1 percentage points vs 02-2026 04-2026: 9.4%● unchanged vs 03-2026 05-2026: 9.3%▼ -0.1 percentage points vs 04-2026 06-2026: 9.2%▼ -0.1 percentage points vs 05-2026 07-2026: 9.5%▲ +0.3 percentage points vs 06-2026 08-2026: 10.0%▲ +0.5 percentage points vs 07-2026 09-2026: 9.4%▼ -0.6 percentage points vs 08-2026 10-2026: 9.1%▼ -0.3 percentage points vs 09-2026lowest value 11-2026: 9.1%● unchanged vs 10-2026lowest value
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 9% of them on solvency, 1% on liquidity, 8% on profitability and 35% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €2,388
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Loss of €2,082, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
181922232425
2018 to 2025 · latest year -€41,491
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
77 days late
2023
281 days late
2022
324 days late
2019
396 days late
2018
29 days late
2017
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 171 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 May (4 of the last 5 accounts filed within 205 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€41,491 View
  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€2,082 View
  • Caution: Lower solvency than 95% of companies in food and beverage servicesector median 29.6% · 16,961 companies -1737.2% View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as DE MIDDELLANDSE ZEE: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €1,990 and €3,810, founded between 2003 and 2012.

CompanyTotal assetsGross margin
DE MIDDELLANDSE ZEE Gent€2,388-€288
MITSUI Oudergem€1,990-€750
GABY Anderlecht€2,032-€452
MARENZO Ham-sur-Heure-Nalinnes€3,205-€156
ARC-EN-CIEL Boussu€3,811-€175
LE MILORD Sint-Truiden€3,099€1,737
B&S-fabriek Mortsel€2,989-€571
Full comparison

Key facts about DE MIDDELLANDSE ZEE

What is the company number of DE MIDDELLANDSE ZEE?
The company number of DE MIDDELLANDSE ZEE is 0480.170.586. The VAT number is the same number with BE in front: BE 0480.170.586.
Where is DE MIDDELLANDSE ZEE based?
The registered office is at Sluizeken 21, 9000 Gent.Company details
What does DE MIDDELLANDSE ZEE do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of DE MIDDELLANDSE ZEE?
The legal form of DE MIDDELLANDSE ZEE is Private limited company (pre-2019) (BVBA).
When was DE MIDDELLANDSE ZEE founded?
DE MIDDELLANDSE ZEE was founded on 07-05-2003.
Is DE MIDDELLANDSE ZEE still active?
Yes, DE MIDDELLANDSE ZEE is an active enterprise in the KBO register.
What is the turnover of DE MIDDELLANDSE ZEE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is DE MIDDELLANDSE ZEE profitable?
In financial year 2025, DE MIDDELLANDSE ZEE made a loss of €2,082.
Where can I find the annual accounts of DE MIDDELLANDSE ZEE?
DE MIDDELLANDSE ZEE filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE MIDDELLANDSE ZEE due?
DE MIDDELLANDSE ZEE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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