FOBO
ActiveFOBO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €19k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 13159 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-5
Solvency75▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.24 in 2024; short-term debt: 50.2% and cash: 20.6% of total assets), and 50.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.8%
Return on assets
8.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
12 d early
2022
30 d late
2021
29 d late
2020
27 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€111k▼ 4.4%
2024 · €116k
2018: €46k
2019: €47k
2020: €21k
2021: €87k
2022: €152k
2023: €143k
2024: €116k
2018 → 2025
Total assets
€223k▼ 16.0%
2024 · €265k
2018: €229k
2019: €192k
2020: €159k
2021: €215k
2022: €287k
2023: €346k
2024: €265k
2018 → 2025
Net result
€19k▼ 42.8%
2024 · €32k
2018: €-18k
2019: €1k
2020: €-26k
2021: €88k
2022: €85k
2023: €96k
2024: €32k
2018 → 2025
Working capital
€44k▲ 28.7%
2024 · €35k
2018: €-64k
2019: €-47k
2020: €-43k
2021: €5k
2022: €69k
2023: €41k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€152k▲ 74.2%€143k▼ 5.8%€116k▼ 19.3%€111k▼ 4.4%
Operating result€97k-€125k▲ 27.8%€131k▲ 5.1%€48k▼ 63.4%€33k▼ 31.5%
Net result€88k-€85k▼ 3.8%€96k▲ 13.5%€32k▼ 66.4%€19k▼ 42.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223k
Fixed assets
€66k▼ 23.9%
Current assets
€156k▼ 12.1%
Equity and liabilities €223k
Equity
€111k▼ 4.4%
Debt
€112k▼ 25.0%
The debt ratio falls from 56.3% to 50.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€65k▼
2024 · €96k
Cash flow
€50k▼
2024 · €80k
Solvency
49.8%▲
2024 · 43.7%
Current ratio
1.40▲
2024 · 1.24
Quick ratio
1.11▲
2024 · 0.91
Debt / equity
1.01▼
2024 · 1.29
ROE
16.7%▼
2024 · 27.9%
ROA
8.3%▼
2024 · 12.2%
Interest coverage
7.81▼
2024 · 10.78
Debt
€112k▼
2024 · €149k
Debt ≤ 1 year
€112k▼
2024 · €143k
Income taxes
€7k▼
2024 · €13k
Staff costs
€114k▼
2024 · €134k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€265k€223k▼
Fixed assets21/28€87k€66k▼
Tangible fixed assets22/27€87k€66k▼
Plant, machinery and equipment23€32k€23k▼
Furniture and vehicles24€23k€15k▼
Other tangible fixed assets26€32k€28k▼
Current assets29/58€178k€156k▼
Stocks and contracts in progress3€47k€32k▼
Stocks30/36€47k€32k▼
Amounts receivable within one year40/41€13k€67k▲
Trade receivables40€123€303▲
Other amounts receivable41€13k€67k▲
Current investments50/53-€1k
Cash at bank and in hand54/58€111k€46k▼
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€265k€223k▼
Equity10/15€116k€111k▼
Contributions10/11€10k€10k=
Reserves13€106k€82k▼
Distributable reserves133€106k€82k▼
Profit (loss) carried forward14-€19k
Amounts payable17/49€149k€112k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€143k€112k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€45k€55k▲
Suppliers440/4€45k€55k▲
Advances received on contracts in progress46€20-
Taxes, remuneration and social security45€53k€49k▼
Taxes450/3€34k€35k▲
Remuneration and social security454/9€19k€14k▼
Other amounts payable47/48€40k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€134k€114k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€32k▼
Other operating charges640/8€12k€10k▼
Non-recurring operating charges66A-€591
Gross operating margin9900€241k€189k▼
Operating profit (loss)9901€48k€33k▼
Financial income75/76B€6k€1k▼
Recurring financial income75€6k€1k▼
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€45k€26k▼
Income taxes67/77€13k€7k▼
Profit (loss) for the period9904€32k€19k▼
Profit (loss) for the period to be appropriated9905€32k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€19k▼
Transfer from equity791/2€5k€24k▲
Transfer to equity691/2€17k-
To other reserves6921€17k-
Profit to be distributed694/7€20k€24k▲
Return on contributions (dividend)694€20k€24k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €96k ▲13.5%
Operating result €131k, net result €96k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €150kEq €152k ▲74.2%
2 profitable years in a row build equity to €152k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-26k ▼2561%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Klein Turkije 169000 GentGround area
142 m²
Building footprint
142 m²
Parcel 44803C0328/00_000, Flanders. Linked by address, not a title deed.
1 establishment unit
MISSY SIPPY
since 20142.237.722.494
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0328/00_000 | Flanders | 142 m² | 1 · 142 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.237.722.494
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Fezan
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BORRELHUIS
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 9,451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2014
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@missy-sippy.be