FABULOUS ISLAND
ActiveSummary
The computed 12-month bankruptcy probability of FABULOUS ISLAND is 3.2% (moderate). The annual accounts of FABULOUS ISLAND for financial year 2025 show a net loss of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €5,339 and a net result of -€22,897. Equity has been shrinking by about 25% per year since 2019. Its solvency ranks better than 28% of 17,054 sector peers (NACE 56, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 06-02-2018 Normal situation
- Activity
- Cafés and bars NACE 56301and 4 others
- Joint committee
- 302 Hotels and catering · annual accounts 30-09-2025
- Establishment unit
- 2.272.999.416 3680 Maaseik, since 09-02-2018
- Financial year end
- 30 September
- Peppol
- Reachable since 22-04-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.2%
- Gross margin
- €152,709
- ▲ 5.9%
- Turnover
- ≈ €400,000
- estimated
- Loss
- €22,897
- Equity
- €5,339
- ▼ 81.1%
- Total assets
- €163,642
- ▼ 53.5%
- Employees on 30-09-2025
- 2
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Liquidity: current ratio 0.39, cash €256Loss of €22,897 (financial year 2025)Equity €5,339 (3.3% of total assets)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 28% of them on solvency, 2% on liquidity, 31% on profitability and 9% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: Elke Vervaeren (director)Director discharge: Elke Vervaeren
- · Gazette deed 2 managers resigning, 2 directors reappointedResignations: VERVAEREN Elke (manager) and BERBEN Anita Catharina (manager) · Reappointments: VERVAEREN Elke (director) and BERBEN Anita Catharina (director)
- · Gazette deed Resignation: Van der Steen Godefridus (director)Appointment: Elke Vervaeren (director) · Director discharge: Van der Steen Godefridus
Comparable companies
These companies have the same main activity as FABULOUS ISLAND: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €144,000 and €183,000, founded between 2016 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| FABULOUS ISLAND Maaseik | €163,642 | €152,709 |
| EMMASITA Hasselt | €170,397 | €170,744 |
| Smaakbaron Hasselt | €144,470 | €139,982 |
| CAMARGUE Genk | €168,051 | €129,965 |
| MULTITAVERNE Liège | €175,690 | €165,519 |
| THE PLAYGROUND Antwerp | €182,962 | €158,552 |
| BEACH BAR OOSTENDE Ostend | €166,141 | €126,243 |
Key facts about FABULOUS ISLAND
- What is the company number of FABULOUS ISLAND?
- The company number of FABULOUS ISLAND is 0689.959.614. The VAT number is the same number with BE in front: BE 0689.959.614.
- Where is FABULOUS ISLAND based?
- The registered office is at Komweg 11, 3680 Maaseik.Company details
- What does FABULOUS ISLAND do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of FABULOUS ISLAND?
- FABULOUS ISLAND is a private limited company (BV).
- When was FABULOUS ISLAND founded?
- FABULOUS ISLAND was founded on 06-02-2018.
- Is FABULOUS ISLAND still active?
- Yes, FABULOUS ISLAND is an active enterprise in the KBO register.
- How many employees does FABULOUS ISLAND have?
- FABULOUS ISLAND had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FABULOUS ISLAND fall under?
- In its 30-09-2025 annual accounts, FABULOUS ISLAND states joint committee 302 (Hotels and catering).
- What is the turnover of FABULOUS ISLAND?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €152,709 and 31 comparable companies (NACE 56301). It probably lies between €360,000 and €510,000.
- Is FABULOUS ISLAND profitable?
- In financial year 2025, FABULOUS ISLAND made a loss of €22,897.
- Where can I find the annual accounts of FABULOUS ISLAND?
- FABULOUS ISLAND filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FABULOUS ISLAND due?
- FABULOUS ISLAND must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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