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DELIX 88

Active
Private limited company (pre-2019)founded 201411 years activeSint-Pieterskaai 20b, 8000 Brugge, BelgiumKBO/BCE: BE 0506.715.825
Summary

The computed 12-month bankruptcy probability of DELIX 88 is 1.9% (moderate). The 2024 annual accounts show equity of €153,747 and a net result of €17,398. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€233,828total assets 2024
Staff
3.8 FTE
Equity
€153,747
Profit
€17,398
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts 69 days overdue0 of 3 deeds read
Why 56- 1 financial year not filed after the legal deadline; latest accounts 141 days late; 2 of the last 3 late- Figures for FY 2024 (filed 19-12-2025)- Sector Food and beverage service activities (NACE 56)+ Liquidity: current ratio 1.94, cash €99,038Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 73% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 91-3
equity 65.8% of total assets
Liquidity 87+6
short-term debt 31.5% · cash 42.4%
Profitability 78+6
return on assets 7.4%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,697 companies)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 0.9%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.3 percentage points vs 07-2025 09-2025: 1.5%▲ +0.3 percentage points vs 08-2025 10-2025: 2.2%▲ +0.7 percentage points vs 09-2025 11-2025: 2.3%▲ +0.1 percentage points vs 10-2025 12-2025: 3.3%▲ +1.0 percentage point vs 11-2025highest value 01-2026: 1.0%▼ -2.3 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.3 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.9%▲ +0.7 percentage points vs 09-2026
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.94 against 2.45 in 2023; short-term debt: 31.5% and cash: 42.4% of total assets), and 34.2% of the assets are financed with debt.
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 81% on solvency, 89% on liquidity, 62% on profitability and 59% on growth.

The bankruptcy probability was computed on 07-10-2026 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).

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Signals

Five signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 141 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 19-12-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.94, cash €99,038
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-12-2025, 141 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 · 9 filings
Deviation from the deadline
2025
not confirmed
2024
141 days late
2023
21 days early
2022
88 days late
2021
92 days late
2020
122 days late
2019
55 days late
← 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 80 days after 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 (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Equity above €150,000Eq €153,747 ▲12.8%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: Among the best 14% on equitysector median €27,519 · 19,011 companies €153,747 View
  • Total assets 20246 fiscal years filed €233,828 View

By topic

Financials

Fiscal year
2024
Total assets
€233,828
Profit
€17,398
Solvency
65.8%
Total assets▲ 18.7%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2017
  1. 27-10-2023Annual accounts filed
  2. 31-10-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Full-service restaurantsNACE 56111
Founded
10-12-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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