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IF COMPANY

Active
Private limited companyfounded 2025active for 1 yearAntoine Dansaertstraat 71, 1000 Brussel, BelgiumKBO/BCE: BE 1024.024.248

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of IF COMPANY is 3.8% (moderate). The 2025 annual accounts show negative equity (-€18,478) and a net result of -€21,478. Its solvency ranks better than 11% of 16,961 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

Official details

KBO
Status
Active since 05-06-2025 Normal situation
Activity
Cafés and bars NACE 56301
Establishment unit
2.374.433.108 1000 Brussel, since 05-06-2025
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Board and ownership

Board

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.8%
Annual accounts 2025
Gross margin
-€9,002
Loss
€21,478
Equity
-€18,478
Total assets
€22,161
Staff
≈ 0.5 FTE
estimated
Turnover not published (micro format)
Filed on 28-08-2026, 28 days after the deadlineat the National Bank
Score breakdownraises 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 stronger than 14% of micro companies in food and beverage service (NACE 56)
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 within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
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: 3.8%▲ +0.2 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.37, below 1. Short-term debt is 183.4% and cash 24.7% of total assets. Equity is negative.
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 9% of them on solvency, 26% on liquidity and 8% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.37, cash €5,479
NBB · annual accounts
raises risk · Negative equity -€18,478
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€18,478 View
  • Caution: Lower solvency than 89% of companies in food and beverage servicesector median 29.6% · 16,961 companies -83.4% View
  • Caution: Board changedlatest change 01-02-2026 · 1 in office 1 joined · 1 left View

Comparable companies

These companies have the same main activity as IF COMPANY: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €20,700 and €29,200, founded between 2024 and 2025.

CompanyTotal assetsGross margin
IF COMPANY Brussel€22,161-€9,002
MAH.J Lasne€23,564-€8,609
Pourquoi Pas Liège€25,837-€16,746
Phoenix Game Menen€22,904-€12,908
De Fonkelarij Antwerpen€25,203-€5,669
AR GOLD GROUP Wemmel€20,728-€23,681
IRMO Balen€29,157-€10,432
Full comparison

Documents

Annual accounts at the NBB

Articles and registers

Key facts about IF COMPANY

What is the company number of IF COMPANY?
The company number of IF COMPANY is 1024.024.248. The VAT number is the same 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?
The legal form of IF COMPANY is Private limited company (BV).
When was IF COMPANY founded?
IF COMPANY was 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?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.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.Annual accounts at the National Bank

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