Financials
- Financial year
- 2025
- Total assets
- €310,500
- Profit
- €170,997
- Solvency
- 55.7%
EGEL
ActiveSummary
EGEL has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172,997 and a net result of €170,997. Its solvency ranks better than 72% of 16,824 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
€310,500total assets 2025
- Staff
- 0.3 FTE
- Equity
- €172,997
- Profit
- €170,997
Turnover not published (micro format)
Why 86raises riskSector: Food and beverage service activities (NACE 56)Founded in 2025lowers riskLiquidity: current ratio 2.21, cash €214,229Equity €172,997 (55.7% of total assets)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 84% of its sector peers (NACE 56, micro)
Financial strength
Strong
Solvency
81
equity 55.7% of total assets
Liquidity
85
short-term debt 34.5% · cash 69.0%
Profitability
100
return on assets 55.1%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 3.9%
03-2026: 3.9%● unchanged vs 02-2026
04-2026: 4.0%▲ +0.1 percentage points vs 03-2026
05-2026: 4.4%▲ +0.4 percentage points vs 04-2026
06-2026: 4.6%▲ +0.2 percentage points vs 05-2026
07-2026: 4.9%▲ +0.3 percentage points vs 06-2026highest value
08-2026: 0.5%▼ -4.4 percentage points vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €14,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 2.21, above the usual 1.5; short-term debt: 34.5% and cash: 69% of total assets), and 44.3% 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 73% on solvency, 87% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 24-10-2026 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 riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
30 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: BEKAERT, Lewis (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- BEKAERT, LewisDirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Cafés and barsNACE 56301
- Founded
- 29-01-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 21
- Who signs
- Each director alone
- Statutory auditor
- No statutory auditor
Key facts about EGEL
- What is the company number of EGEL?
- 1019.323.708. In Belgium the VAT number is the company number with BE in front: BE 1019.323.708.
- Where is EGEL based?
- The registered office is at Processiestraat 66, 8790 Waregem.Company details
- What does EGEL do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of EGEL?
- Private limited company (BV).
- When was EGEL founded?
- On 29-01-2025.
- Is EGEL still active?
- Yes, EGEL is an active enterprise in the KBO register.
- How many employees does EGEL have?
- On average 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EGEL?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is EGEL profitable?
- In financial year 2025, EGEL made a profit of €170,997.
- Where can I find the annual accounts of EGEL?
- EGEL filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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