Skip to content

DE MYTHE

Active
Private limited companyfounded 1991active for 35 yearsHutsepotstraat 147, 9052 Gent, BelgiumKBO/BCE: BE 0444.756.579
Summary

The computed 12-month bankruptcy probability of DE MYTHE is 4.8% (elevated). The 2024 annual accounts show equity of €136,648 and a net result of -€10,681. Equity is growing by about 9.4% per year across the filed financial years. Its solvency ranks better than 94% of 18,737 sector peers (NACE 56, financial year 2024). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€159,454total assets 2024
Equity
€136,648
Loss
-€10,681
Turnover not published (abbreviated or micro format)
Financial health
39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.8%
Structure
Accounts 76 days overdue1 of 3 deeds read
Why 39raises riskFigures for financial year 2024 (filed 25-07-2025)1 change of registered office in 24 monthsSize: total assets €159,454lowers riskFounded in 1991Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 51% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Average
Solvency 100=
equity 85.7% of total assets
Liquidity 52-4
short-term debt 14.3% · cash 3.9%
Profitability 10-67
return on assets -6.7%
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 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: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.7%▲ +0.1 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 1.4%▲ +0.7 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.8%▲ +0.3 percentage points vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.3%▲ +0.5 percentage points vs 07-2026 09-2026: 2.9%▲ +0.6 percentage points vs 08-2026 10-2026: 4.8%▲ +1.9 percentage points vs 09-2026highest value
Credit of up to €5,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 4.26, compared with 5.02 in 2023, above the usual 1.5; short-term debt: 14.3% and cash: 3.9% of total assets), and 14.3% of the assets are financed with debt and provisions.
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 94% on solvency, 55% on liquidity, 21% on profitability and 33% 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

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 25-07-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €159,454
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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, 76 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
6 days early
2023
27 days early
2022
11 days early
2021
23 days early
2020
31 days late
2019
31 days 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 11 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. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€10,681

Key points

  • Positive: Among the best 6% on solvencysector median 29.2% · 18,737 companies 85.7% View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Active since 1991founded 25-06-1991 35 years View

By topic

Financials

Financial year
2024
Total assets
€159,454
Loss
-€10,681
Solvency
85.7%
Total assets▼ 4.8%
Net result
20182024
Go to Financials

Timeline

Events
37
Since
1993
  1. 04-07-2024Annual accounts filed
  2. 20-07-2023Annual accounts filed
  3. 08-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
25-06-1991
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.