Financials
- Financial year
- 2025
- Total assets
- €22,161
- Loss
- -€21,478
- Solvency
- -83.4%
IF COMPANY
ActiveSummary
The computed 12-month bankruptcy probability of IF COMPANY is 3.7% (moderate). The 2025 annual accounts show negative equity (-€18,478) and a net result of -€21,478. Its solvency ranks better than 11% of 16,883 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
€22,161total assets 2025
- Staff
- ≈ 0.5 FTE, estimated
- Equity
- -€18,478
- Loss
- -€21,478
Turnover not published (micro format)
Why 47raises riskSector: Food and beverage service activities (NACE 56)Founded in 2025Negative equity -€18,478lowers riskLiquidity: current ratio 0.37, cash €5,479Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 56, micro)
Financial strength
Weak
Solvency
0
equity -83.4% of total assets
Liquidity
31
short-term debt 183.4% · cash 24.7%
Profitability
0
return on assets -96.9%
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 4.1%
08-2026: 4.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 3.6%▼ -0.6 percentage points vs 08-2026lowest value
10-2026: 3.7%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.37, below 1; short-term debt: 183.4% and cash: 24.7% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 9% on solvency, 26% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
28 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: ISLEYEN Fikri (director)Appointment: NERSISYAN Sargis (director) ·…
- IncorporationAppointment: ISLEYEN Fikri (director) ·…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€18,478 View
- Caution: Among the weakest 11% on solvencysector median 29.7% · 16,883 companies -83.4% View
- Caution: Board changedlatest change 01-02-2026 · 1 in office 1 joined · 1 left View
- Founded 16 months agofounded 05-06-2025 16 months View
By topic
Board & ownership
- Board
- 1 member
- NERSISYAN SargisDirector
Timeline
- Events
- 3
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Cafés and barsNACE 56301
- Founded
- 05-06-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 32
- Annual meeting
- Last Monday of June at 16:00
Key facts about IF COMPANY
- What is the company number of IF COMPANY?
- 1024.024.248. In Belgium the VAT number is the company number with BE in front: BE 1024.024.248.
- Where is IF COMPANY based?
- The registered office is at Antoine Dansaertstraat 71, 1000 Brussel.Company details
- What does IF COMPANY do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of IF COMPANY?
- Private limited company (BV).
- When was IF COMPANY founded?
- On 05-06-2025.
- Is IF COMPANY still active?
- Yes, IF COMPANY is an active enterprise in the KBO register.
- What is the turnover of IF COMPANY?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is IF COMPANY profitable?
- In financial year 2025, IF COMPANY made a loss of €21,478.
- Where can I find the annual accounts of IF COMPANY?
- IF COMPANY filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Companies related to IF COMPANY
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