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DREAMS GROUP

Active
Private limited company (pre-2019)founded 2006active for 19 yearsHenri Mausstraat 17, 1000 Brussel, BelgiumKBO/BCE: BE 0885.250.605

The file of DREAMS GROUP contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 7.9% (elevated). The 2024 annual accounts show equity of €409,855 and a net result of -€177,227. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 47% of 18,734 sector peers (NACE 56, financial year 2024).

Overview

Activity
Cafés and bars
NACE 56301Full-service restaurants NACE 56111
1 site
Size
€662,765turnover 2024
Equity
€409,855
Loss
-€177,227
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.9%
Structure
Accounts 73 days overdue0 of 6 deeds read
Why 34raises risk1 financial year not filed after the legal deadline; latest accounts 197 days late; 3 of the last 3 lateLiquidity: current ratio 18.19, cash €1, halvedFigures for financial year 2024 (filed 15-02-2026)lowers riskFounded in 2006Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 38% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 51-28
equity 25.9% of total assets
Liquidity 50=
short-term debt 5.1% · cash 0.0%
Profitability 3-94
return on assets -11.2%
Bankruptcy probability, 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,719 companies, NACE 56, micro)
Last 24 months 11-2024: 9.7%highest value 12-2024: 5.7%▼ -4.0 percentage points vs 11-2024 01-2025: 8.2%▲ +2.5 percentage points vs 12-2024 02-2025: 8.2%● unchanged vs 01-2025 03-2025: 8.5%▲ +0.3 percentage points vs 02-2025 04-2025: 8.0%▼ -0.5 percentage points vs 03-2025 05-2025: 3.3%▼ -4.7 percentage points vs 04-2025lowest value 06-2025: 3.3%● unchanged vs 05-2025 07-2025: 3.4%▲ +0.1 percentage points vs 06-2025 08-2025: 3.9%▲ +0.5 percentage points vs 07-2025 09-2025: 4.2%▲ +0.3 percentage points vs 08-2025 10-2025: 5.5%▲ +1.3 percentage points vs 09-2025 11-2025: 5.6%▲ +0.1 percentage points vs 10-2025 12-2025: 6.3%▲ +0.7 percentage points vs 11-2025 01-2026: 9.5%▲ +3.2 percentage points vs 12-2025 02-2026: 9.5%● unchanged vs 01-2026 03-2026: 7.4%▼ -2.1 percentage points vs 02-2026 04-2026: 7.5%▲ +0.1 percentage points vs 03-2026 05-2026: 7.2%▼ -0.3 percentage points vs 04-2026 06-2026: 6.9%▼ -0.3 percentage points vs 05-2026 07-2026: 6.7%▼ -0.2 percentage points vs 06-2026 08-2026: 7.3%▲ +0.6 percentage points vs 07-2026 09-2026: 7.2%▼ -0.1 percentage points vs 08-2026 10-2026: 7.9%▲ +0.7 percentage points vs 09-2026
Credit of up to €13,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 18.19, compared with 12.4 in 2023; short-term debt: 5.1% and cash: 0% of total assets), but 74.1% 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 47% on solvency, 51% on liquidity, 18% on profitability and 37% on growth.

The bankruptcy probability was computed on 12-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 197 days late; 3 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 18.19, cash €1, halved
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 15-02-2026)
NBB · annual accounts
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
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, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
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 13-02-2026, 197 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
197 days late
2023
510 days late
2022
99 days late
2021
95 days late
2020
18 days early
2019
48 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 155 days after 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. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Back to profitnet €391,752

Key points

  • Caution: From profit to loss in 2024after €391,752 in 2023 -€177,227 View
  • Caution: Among the weakest 5% on net resultsector median €5,427 · 18,719 companies -€177,227 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View

By topic

Financials

Financial year
2024
Turnover
€662,765
Loss
-€177,227
Solvency
25.9%
Turnover▲ 6.6%
Net result
20182024
Go to Financials

Timeline

Events
25
Since
2008
  1. 07-11-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 03-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Cafés and barsNACE 56301
Founded
27-11-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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