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Experience

Active Private limited companyfounded 2018active for 8 yearsVlaanderenstraat 24, 9000 GhentKBO/BCE: BE 0703.899.108

Lifetime

7 annual accounts with figures on one time axis
peak €39,177 (2023)
-€950▼ €32,653
lowest -€33,166 (2022)
-€1,175▼ €33,469
peak -€6,443 (2019)
-€8,061▼ €1,175
€38,848▲ 6.5%
Board9 names since 2018
8 directors and 7 others
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Gross margin from €31,703 to -€950Loss of €1,175Equity from -€6,887 to -€8,061

Key points

from the 2025 annual accounts

Equity

-€8,061
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€38,848 126% of the balance sheet
Financial debts 39%Suppliers 7%Other 54%

Liquidity

0.75 was 1.45 in 2024

Short-term debts rose from €20,346 to €38,848.

Filings

7 annual accounts 7 late
AprilJune31 JulyOctober202020222024

The 2022 accounts came latest: 234 days after the end of the period.

Position in the sector

-26.2%

Lower solvency than 81% of companies in food and beverage service. Sector median 29.7% · 18,509 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,564 companies had the same profile as Experience has now. Each dot stands for 4 companies, two years later.

88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,564 companies, not a prediction for Experience. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Director, since 11-09-2018
Director, since 11-09-2018
Director, since 11-09-2018
Director, since 13-01-2021
Director, since 13-01-2021
Director, since 13-01-2021
and 2 others
  • 62 sharesdeed of 13-09-2018
  • 62 sharesdeed of 13-09-2018
  • 62 sharesdeed of 13-09-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0703899108
6 directors reappointed , , , , and · General meeting of 06-05-2024 · Gazette deed
3 directors appointed , and · General meeting of 13-01-2021 · Gazette deed
Incorporation Founding capital of €18,600, 186 shares, €6,201 paid up · Founders: ; ; · Appointments: ; and · published on 13-09-2018 · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
Experience Ghent €30,787 -€950 -26.2% -
MICHIKO FOOD CREATIONS Schaerbeek €34,763 -€25,529 16.8% -
BLABLABLA CONSULTING Ciney €35,267 -€8,194 53.1% -
Chef Stefan's Antwerp €35,207 -€7,917 -3.9% -
Skynamic Communication Libramont-Chevigny €27,003 -€5,117 100.0% -
Atelier Des Maraîchers bio Visé €32,531 -€2,944 -408.0% -
FOODSTORE 2490 Balen €37,642 -€16,866 7.0% -

These companies have the same main activity as Experience: event catering (NACE 56210). They are comparable in size and age: total assets between €27,000 and €37,600, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 11-09-2018Normal situation
Activity
Event cateringNACE 56210and 5 others
Establishment unit
2.280.435.6539000 Ghent, since 11-09-2018
Financial year end
31 December
Peppol
Reachable since 03-11-2026
Company details

Annual accounts 2025

€30,787▲ 4.1%
Filing
Filed on 28-09-2026
Financials

Insights on Experience

Experience files the micro format. That format states no turnover. The gross margin rose from -€1,050 in 2019 to -€950 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Experience

What is the company number of Experience?
The company number of Experience is 0703.899.108. The VAT number is the same number with BE in front: BE 0703.899.108.
Where is Experience based?
The registered office is at Vlaanderenstraat 24, 9000 Ghent.Company details
What does Experience do?
According to the KBO register, the main activity is event catering (NACE 56210).
What is the legal form of Experience?
Experience is a private limited company (BV).
When was Experience founded?
Experience was founded on 11-09-2018.
Is Experience still active?
Yes, Experience is an active enterprise in the KBO register.
What is the turnover of Experience?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Experience profitable?
In financial year 2025, Experience made a loss of €1,175.
Where can I find the annual accounts of Experience?
Experience filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Experience due?
Experience must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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