Funny Beach

Active

Private limited companyfounded 199728 yrs activeBessemstraat 92, 8790 Waregem, BelgiumKBO/BCE: BE 0461.558.761

Funny Beach has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €89k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 3614 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Watch Print / PDF

Checked score

Score 2025

71 / 100

Healthy= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+83

Solvency37▼-13

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €14k at 30 days acceptable

Liquidity tight (current ratio 1.04 against 1.09 in 2024), and 75.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

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 →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

24.3%

Return on assets

10.8%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

17 d early

2024

15 d early

2023

131 d early

2022

32 d late

2021

30 d late

2020

31 d late

2019

98 d late

← before the deadline after the deadline →

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 months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€198k▲ 1.8%

2024 · €195k

2018: €94k 2019: €212k 2020: €175k 2021: €241k 2022: €173k 2023: €188k 2024: €195k

2018 → 2025

Total assets

€817k▲ 27.1%

2024 · €643k

2018: €653k 2019: €622k 2020: €684k 2021: €902k 2022: €420k 2023: €565k 2024: €643k

2018 → 2025

Net result

€89k▲ 1,210%

2024 · €7k

2018: €57k 2019: €118k 2020: €213k 2021: €366k 2022: €-68k 2023: €15k 2024: €7k

2018 → 2025

Working capital

€23k▼ 36.3%

2024 · €36k

2018: €53k 2019: €88k 2020: €59k 2021: €37k 2022: €-40k 2023: €-38k 2024: €36k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€241k-€173k▼ 28.3%€188k▲ 8.7%€195k▲ 3.6%€198k▲ 1.8%

Operating result€451k-€99k▼ 78.1%€40k▼ 59.8%€13k▼ 67.8%€125k▲ 877%

Net result€366k-€-68k€15k€7k▼ 55.2%€89k▲ 1,210%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 877% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €817k

28.5%

71.5%

Fixed assets €233k▲ 3.9%

Current assets €584k▲ 39.5%

Equity and liabilities €817k

24.3%

75.7%

Equity €198k▲ 1.8%

Debt €619k▲ 38.1%

The debt ratio rises from 69.7% to 75.7%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

EBITDA

€191k▲

2024 · €75k

Cash flow

€154k▲

2024 · €69k

Solvency

24.3%▼

2024 · 30.3%

Current ratio

1.04▼

2024 · 1.09

Quick ratio

1.00▼

2024 · 1.05

Debt / equity

3.12▲

2024 · 2.30

ROE

44.6%▲

2024 · 3.5%

ROA

10.8%▲

2024 · 1.1%

Interest coverage

35.76▲

2024 · 18.00

Debt

€619k▲

2024 · €448k

Debt ≤ 1 year

€561k▲

2024 · €383k

Debt > 1 year

€52k▼

2024 · €61k

Income taxes

€37k▲

2024 · €4k

Staff costs

€1.16M▼

2024 · €1.21M

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€643k€817k▲

Fixed assets21/28€224k€233k▲

Tangible fixed assets22/27€224k€232k▲

Land and buildings22€24k€20k▼

Plant, machinery and equipment23€190k€198k▲

Furniture and vehicles24€9k€14k▲

Financial fixed assets28€397€397=

Current assets29/58€419k€584k▲

Stocks and contracts in progress3€17k€26k▲

Stocks30/36€17k€26k▲

Amounts receivable within one year40/41€152k€261k▲

Trade receivables40€9k€36k▲

Other amounts receivable41€142k€225k▲

Cash at bank and in hand54/58€235k€277k▲

Deferred charges and accrued income490/1€15k€21k▲

Equity and liabilities

Total equity and liabilities10/49€643k€817k▲

Equity10/15€195k€198k▲

Contributions10/11€19k€19k=

Reserves13€5k€5k=

Distributable reserves133€5k€5k=

Profit (loss) carried forward14€172k€175k▲

Amounts payable17/49€448k€619k▲

Amounts payable after more than one year17€61k€52k▼

Financial debts170/4€61k€52k▼

Amounts payable within one year42/48€383k€561k▲

Current portion of amounts payable after more than one year42€9k€9k▲

Trade debts44€208k€256k▲

Suppliers440/4€208k€256k▲

Taxes, remuneration and social security45€165k€210k▲

Taxes450/3€5k€37k▲

Remuneration and social security454/9€160k€173k▲

Other amounts payable47/48€1k€86k▲

Accrued charges and deferred income492/3€4k€6k▲

Income statement Code20242025

Non-recurring operating income76A-€5k

Remuneration, social security and pensions62€1.21M€1.16M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€65k▲

Other operating charges640/8€12k€14k▲

Non-recurring operating charges66A€0-

Gross operating margin9900€1.30M€1.36M▲

Operating profit (loss)9901€13k€125k▲

Financial income75/76B€2k€6k▲

Recurring financial income75€2k€6k▲

Financial charges65/66B€4k€5k▲

Recurring financial charges65€4k€5k▲

Profit (loss) for the period before taxes9903€11k€126k▲

Income taxes67/77€4k€37k▲

Profit (loss) for the period9904€7k€89k▲

Profit (loss) for the period to be appropriated9905€7k€89k▲

Appropriation of the result

Profit (loss) to be appropriated9906€172k€260k▲

Profit (loss) brought forward from the previous period14P€165k€172k▲

Profit to be distributed694/7-€85k

Return on contributions (dividend)694-€85k

Social balance

Average headcount (FTE)908724.523.4▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

16-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

22-03

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Back to profitnet €15k

Net result €15k after one loss-making year.

01-09

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 32 days late

2022

31-12

Financial Weakest financial yearnet €-68k ▼119%

Net result drops to €-68k, the lowest in the series; recovery starts the following year.

30-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 30 days late

2021

31-12

Financial Highest result since 2018net €366k ▲72%

Operating result €451k, net result €366k, both a record.

31-12

Financial Equity above €200kEq €241k ▲37.9%

4 profitable years in a row build equity to €241k.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 31 days late

2020

06-11

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 98 days late

2019

31-12

Financial Equity above €200kEq €212k ▲125%

2 profitable years in a row build equity to €212k.

30-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 30 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 31 days late

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 31 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, Waregem · 1 establishment unit since 1997

establishment The establishment unit on the map

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.

Bessemstraat 928790 Waregem

Ground area

3,306 m²

Building footprint

456 m²

Volume, LiDAR

2,175 m³

2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MC DONALDS

Natiënlaan 260, 8300 Knokke-HeistNACE 1513103

since 19972.083.838.726

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31039E0238/00T000	Flanders	2,616 m²	1 · 317 m²	7.9 m · 1 fl.
34452B0035/00X000	Flanders	691 m²	1 · 140 m²	8.4 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 7,987 EUR awarded · 7,987 EUR paid

Year	Entries	awarded	paid
2024	1	7,987 EUR	7,987 EUR

Schemes

Individueel Maatwerk

1 entry · 7,987 EUR · 7,987 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site

Knokke-Heist2.083.838.726

1 permission

Toelating · Eetgelegenheid · since 15-09-2009

Dual-learning approval

2 live approvals · 1 ended

Medewerker fastfood (vwo)

Goedgekeurd · 2022 to 2027

Medewerker fastfood duaal (so)

Goedgekeurd · 2022 to 2027

Legal Entity Identifier

967600G7XSXRH9X3PF54

no longer live in the LEI register

Similar companies · same sector, comparable size

Centre Culturel de Chimay

Of 21,633 companies in sector 56112 we hold annual accounts for 9,660. 6,640 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-10-1997

Fiscal year end31-12

Activities, NACEBEL

55302

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.