Debts
Of this, €137,796 falls due within a year.
Of this, €137,796 falls due within a year.
Green is investment, beige is depreciation. Land and buildings stand 1143.5% higher than in 2024.
Lower net result than 91% of companies in food and beverage service. Sector median €4,882 · 17,031 companies.
The dashed line is the sector median: 1.8% across 23,779 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 27% of them on solvency, 37% on liquidity, 22% 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 30-06-2025.
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).
In July 2024, 865 companies had the same profile as Famaat has now. Each dot stands for 3 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Famaat itself is higher: 2.7% within 12 months. It rests on far more data about Famaat than the profile alone.
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 865 companies, not a prediction for Famaat. 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.
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 0.25 (0.41 in 2024), below 1. Short-term debt is 29.5% and cash 3.2% of total assets. 98.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 72 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.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Famaat Eghezée | €466,438 | €102,048 | 1.5% | - |
| BERNADETJE KNOKKE Knokke-Heist | €513,736 | €87,203 | -66.1% | - |
| TRINITY 10 Ixelles | €366,999 | €95,991 | 29.6% | - |
| NEW ESPERANCE Etterbeek | €344,050 | €125,868 | 16.8% | - |
| Arbane Ghent | €409,000 | €61,890 | 2.8% | - |
| FIRMA Kuurne | €318,102 | €109,960 | 12.0% | - |
| 2NIGHT Bruges | €453,687 | €89,421 | 11.7% | - |
These companies have the same main activity as Famaat: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €318,000 and €514,000, founded between 2022 and 2024.
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €240,000 and €340,000.
Higher than 27% of 17,054 companies in 2025.
Higher than 12% of 16,481 companies in 2025.
Higher than 25% of 16,564 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
466,438 | 84,779 | |
Fixed assets21/28 |
432,526 | 65,302 | |
Tangible fixed assets22/27 |
432,526 | 65,302 | |
Land and buildings22 |
391,718 | 31,500 | |
Plant, machinery and equipment23 |
11,508 | 7,889 | |
Furniture and vehicles24 |
28,587 | 25,200 | |
Other tangible fixed assets26 |
714 | 714 | |
Current assets29/58 |
33,912 | 19,477 | |
Stocks and contracts in progress3 |
2,345 | - | |
Stocks30/36 |
2,345 | - | |
Amounts receivable within one year40/41 |
16,491 | 18,825 | |
Trade receivables40 |
15,000 | 17,555 | |
Other amounts receivable41 |
1,491 | 1,270 | |
Cash at bank and in hand54/58 |
15,076 | 651 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
466,438 | 84,779 | |
Equity10/15 |
7,151 | 37,223 | |
Contributions10/11 |
30,000 | 30,000 | |
Profit (loss) carried forward14 |
-22,849 | 7,223 | |
Amounts payable17/49 |
459,286 | 47,556 | |
Amounts payable after more than one year17 |
321,491 | - | |
Financial debts170/4 |
321,491 | - | |
Amounts payable within one year42/48 |
137,796 | 47,556 | |
Trade debts44 |
18,083 | 10,569 | |
Suppliers440/4 |
18,083 | 10,569 | |
Taxes, remuneration and social security45 |
44,867 | 36,896 | |
Taxes450/3 |
23,138 | 25,844 | |
Remuneration and social security454/9 |
21,729 | 11,052 | |
Other amounts payable47/48 |
74,846 | 91 | |
| Income statement | |||
Gross operating margin9900 |
102,048 | 142,251 | |
Remuneration, social security and pensions62 |
109,137 | 121,349 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
20,439 | 7,177 | |
Other operating charges640/8 |
812 | 3,003 | |
Operating profit (loss)9901 |
-28,339 | 10,723 | |
Financial charges65/66B |
1,732 | 571 | |
Recurring financial charges65 |
1,732 | 571 | |
Profit (loss) for the period before taxes9903 |
-30,071 | 10,151 | |
Income taxes67/77 |
- | 2,929 | |
Profit (loss) for the period9904 |
-30,071 | 7,223 | |
Profit (loss) for the period to be appropriated9905 |
-30,071 | 7,223 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
-22,849 | 7,223 | |
Profit (loss) brought forward from the previous period14P |
7,223 | - | |
| Social balance sheet | |||
Average staff (FTE)9087 |
- | 3.3 | |
Hours worked1013 |
- | 2,739 | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 06-12-2025.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| EBITDA | -7,900 | 17,899 | |
| Cash flow | -9,633 | 14,399 | |
| Investment in fixed assets | 387,663 | 72,479 | |
| Change in cash | 14,424 | - | |
| Working capital | -103,884 | -28,080 | |
| Solvency | 1.5% | 43.9% | |
| Current ratio | 0.25 | 0.41 | |
| Quick ratio | 0.23 | 0.41 | |
| Debt to equity | 64.22 | 1.28 | |
| ROE | -420.5% | 19.4% | |
| ROA | -6.4% | 8.5% | |
| Interest coverage | -4.56 | 31.32 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2024 |
|---|---|
| Employees at the balance-sheet date | 7 |
| full-time | 2 |
| part-time | 5 |
| in full-time equivalents | 3.9 |
| Average over the year, in full-time equivalents | 3.3 |
| On a permanent contract | 2 |
| Joined | 51 |
| Left | 48 |
Source: social balance sheet in the 2024 annual accounts
| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | €387,663 | €72,479 |
| Depreciation and write-downs of the year | €20,439 | €7,177 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €28,339, after a profit of €10,723 in 2024.
Debt's share of the balance-sheet total rises from 56.1% to 98.5%. Equity is lower and debt is higher.
Famaat has no parent and no holdings in its annual accounts. LACOURT Manon is the only director.
| MAAT
registered office since 25-01-2024 · founded in 2024 · negative equity (2025) |
turnover €18,990 (2025) 1005.213.473 |
| SIBELCONSEIL
registered office since 06-05-1998 |
founded in 1998 0462.918.939 |
Deadline for the 2026 accounts: 31-01-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Bezzy Bar registered office Rue de la Gare 4, 5310 Eghezée | 20-03-2023 | 2.344.728.639 | Restaurant |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92035A0703/00A000 | 1,068 m² | 1 · 88 m² | 10.4 m · 3 |
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