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GUZEL

Active Private limited companyfounded 2011active for 15 yearsFrans Beirenslaan 327, 2150 AntwerpKBO/BCE: BE 0840.567.554

Lifetime

14 annual accounts with figures on one time axis
peak €263,544 (2023)
€251,762▼ 3.2%
lowest -€30,379 (2022)
€10,762▼ 76.5%
peak €173,869 (2024)
€163,610▼ 5.9%
€233,126▲ 100.0%
peak 3.8 FTE (2016)
-not published
Board1 name since 2011
- 
Documentsfilings and deeds
05-06-202656 days before the deadline
2025micro format
Result from €45,763 to €10,762Debts from €116,566 to €233,126Investments €51,546

Key points

from the 2025 annual accounts

Debts

€233,126 ▲ 100.0%
Suppliers
+67,375
Financial debts
+24,676
Taxes and wages
+9,538
The rest
+14,971

Debts rose by €116,560 in 2025.

Investments

€51,546 2.8 × depreciation
2021202220232025

Green is investment, beige is depreciation. Machinery stands 12.2% higher than in 2024.

Staff

7 employees on 31-12-2025
58071620247598182025

In 2025, 759 short contracts started and 818 ended, on average 12 hours worked per contract. Staff averaged 6.9 full-time equivalents.

Payment terms

56 days to suppliers
Suppliers
19 to 56
Customers
14 to 20

GUZEL pays its suppliers 37 days later than in 2024. Customers pay 6 days later.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2018 accounts came latest: 64 days after the end of the period.

Position in the sector

€163,610

More equity than 87% of companies in food and beverage service. Sector median €28,663 · 17,189 companies.

Checked score

67
Healthy
Financially stronger than 52% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.3 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.9%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.9%● unchanged vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.9%● unchanged vs 09-2026highest value 11-2026: 0.9%● unchanged vs 10-2026highest value

Financial strength
Average

66-19equity 41.2% of total assets
54-18short-term debt 42.2% · cash 19.1%
54-16return on assets 2.7%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
1 of the last 3 accounts late
Size: turnover €857,499, total assets €396,736
lowers risk
Founded in 2011
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 60% of them on solvency, 57% on liquidity, 38% on profitability and 51% on growth.

The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as GUZEL has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of GUZEL itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 10,904 companies, not a prediction for GUZEL. 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.

Credit verdict

Credit of up to €10,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.34 (2.01 in 2024), below the usual 1.5. Short-term debt is 42.2% and cash 19.1% of total assets. 58.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €857,499, total assets €396,736
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 days early
2024
35 days early
2023
37 days late
2022
38 days early
2021
32 days early
2020
36 days early
2019
38 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 28 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
GM
Director, until 2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0840567554
New director GÜZEL Mustafa appointed, GÜZEL Mustafa resigned · Director discharge: GÜZEL Mustafa · General meeting of 28-11-2023 · Gazette deed
Environmental permit refused Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies · Antwerpen
New establishment in Antwerp 'T Briljantje, Kioskplaats 6
All 29 events

Comparable companies

same main activity, similar in size and age
Company
GUZEL Antwerp €396,736 €251,762 41.2% -
MI.KA Antwerp €366,108 €243,215 36.3% 4
NICE BAR COMPANY Soignies €392,974 €238,117 26.5% -
GDP.PDP Woluwe-Saint-Pierre €392,539 €238,826 74.1% -
MINGJAN Leuven €355,491 €294,395 82.9% 12.2
DE GARRE Bruges €349,889 €278,558 61.2% -
MISMO Machelen (Brab.) €432,513 €217,724 78.2% -

These companies have the same main activity as GUZEL: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €350,000 and €433,000, founded between 2011 and 2013.

Official details

Source: KBO
Status
Active since 21-10-2011Normal situation
Activity
Cafés and barsNACE 56301
Establishment units
2.205.658.7492150 Antwerp, since 13-01-2012
2.229.992.2872660 Antwerp, since 01-05-2014and 2 others
Financial year end
31 December
Peppol
Reachable since 04-06-2025
Company details

Annual accounts 2025

€396,736▲ 36.6%
Employeeson 31-12-2025
7▲ 40.0%
Filing
Filed on 05-06-2026, 56 days before the end of the filing period
Financials

Insights on GUZEL

GUZEL files the micro format. That format states no turnover. The gross margin rose from €24,057 in 2012 to €251,762 in 2025.

The balance sheet grew most from 2018 to 2020 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GUZEL

What is the company number of GUZEL?
The company number of GUZEL is 0840.567.554. The VAT number is the same number with BE in front: BE 0840.567.554.
Where is GUZEL based?
The registered office is at Frans Beirenslaan 327, 2150 Antwerp.Company details
What does GUZEL do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of GUZEL?
GUZEL is a private limited company (BV).
When was GUZEL founded?
GUZEL was founded on 21-10-2011.
Is GUZEL still active?
Yes, GUZEL is an active enterprise in the KBO register.
How many employees does GUZEL have?
GUZEL had an average of 6.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GUZEL?
The turnover of GUZEL was €857,499 in financial year 2025, according to the filed annual accounts.
Is GUZEL profitable?
In financial year 2025, GUZEL made a profit of €10,762.
Where can I find the annual accounts of GUZEL?
GUZEL filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GUZEL due?
GUZEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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