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FABULOUS ISLAND

Active
Private limited companyfounded 2018active for 8 yearsKomweg 11, 3680 Maaseik, BelgiumKBO/BCE: BE 0689.959.614

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

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 7.6% per year since 2019. Its solvency ranks better than 28% of 16,961 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

KBO
Status
Active since 06-02-2018 Normal situation
Activity
Cafés and bars NACE 56301and 4 others
Establishment unit
2.272.999.416 3680 Maaseik, since 09-02-2018
Financial year end
30 September
Peppol
Reachable since 22-04-2026

Board and ownership

Board

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Annual accounts to 30-09-2025
Gross margin
€152,709
▲ 5.9%
Turnover
≈ €400,000
estimated
Loss
€22,897
Equity
€5,339
▼ 81.1%
Total assets
€163,642
▼ 53.5%
Staff
4.1 FTE
Filed on 30-04-2026, on timePDF
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

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 18% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 28-5
equity 3.3% of total assets
Liquidity 0-2
short-term debt 93.0% · cash 0.2%
Profitability 40-31
return on assets -14.0%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 3.5% 12-2024: 3.5%● unchanged vs 11-2024 01-2025: 3.5%● unchanged vs 12-2024 02-2025: 3.4%▼ -0.1 percentage points vs 01-2025 03-2025: 3.3%▼ -0.1 percentage points vs 02-2025 04-2025: 3.6%▲ +0.3 percentage points vs 03-2025 05-2025: 4.4%▲ +0.8 percentage points vs 04-2025highest value 06-2025: 3.6%▼ -0.8 percentage points vs 05-2025 07-2025: 3.6%● unchanged vs 06-2025 08-2025: 3.6%● unchanged vs 07-2025 09-2025: 3.6%● unchanged vs 08-2025 10-2025: 3.2%▼ -0.4 percentage points vs 09-2025 11-2025: 3.1%▼ -0.1 percentage points vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.2%▲ +0.1 percentage points vs 12-2025 02-2026: 3.0%▼ -0.2 percentage points vs 01-2026 03-2026: 2.9%▼ -0.1 percentage points vs 02-2026 04-2026: 2.6%▼ -0.3 percentage points vs 03-2026lowest value 05-2026: 3.5%▲ +0.9 percentage points vs 04-2026 06-2026: 3.2%▼ -0.3 percentage points vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026 08-2026: 3.2%● unchanged vs 07-2026 09-2026: 3.2%● unchanged vs 08-2026 10-2026: 3.2%● unchanged vs 09-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.39 (0.73 in 2024), below 1. Short-term debt is 93% and cash 0.2% of total assets. 96.7% of the assets are financed with debt and provisions.
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 31-10-2026 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. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Liquidity: current ratio 0.39, cash €256
NBB · annual accounts
raises risk · Loss of €22,897 (financial year 2025)
NBB · annual accounts
raises risk · Equity €5,339 (3.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
on the day
2024
6 days late
2023
on the day
2022
2 days late
2021
30 days early
2020
on the day
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 89% of companies in food and beverage servicesector median €4,876 · 16,939 companies -€22,897 View
  • Caution: A director leftlatest change 27-01-2026 · 1 in office 1 left View

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.

CompanyTotal assetsGross 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 Antwerpen€182,962€158,552
BEACH BAR OOSTENDE Oostende€166,141€126,243
Full comparison

Documents

Annual accounts at the NBB

All 7 annual accounts

Articles and registers

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?
The legal form of FABULOUS ISLAND is 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
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.Annual accounts 2025 (PDF)
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

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