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LA BELLE EPOQUE SPA

Active
Private limited companyfounded 1994active for 32 yearsRue Rogier 14, 4900 Spa, Belgium17 active companies are registered at this addressKBO/BCE: BE 0452.826.484
Summary

The computed 12-month bankruptcy probability of LA BELLE EPOQUE SPA is 6.8% (elevated). The 2025 annual accounts show negative equity (-€181,457) and a net result of -€38,631. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 5% of 16,816 sector peers (NACE 56, financial year 2025). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
LA BELLE EPOQUE SPAActiveChecked score 33/100
Risk analysis ReportCompare

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56111
6th oldest company in Spa, Accommodation and food service sector1 site
Size
€32,324total assets 2025
Staff
0.4 FTE
Equity
-€181,457
Loss
-€38,631
Turnover not published (micro format)
Financial health
33 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.8%
Structure
Accounts filed 31 days late5 of 7 deeds read
Why 33raises riskSector: Food and beverage service activities (NACE 56)Loss of €38,631, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskSize: total assets €32,324Show the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 12% of its sector peers (NACE 56, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -561.4% of total assets
Liquidity 10+4
short-term debt 661.4% · cash 7.7%
Profitability 0-5
return on assets -119.5%
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,755 companies, NACE 56, micro)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025lowest value 06-2025: 3.8%▲ +1.8 percentage points vs 05-2025 07-2025: 4.3%▲ +0.5 percentage points vs 06-2025 08-2025: 4.9%▲ +0.6 percentage points vs 07-2025 09-2025: 5.2%▲ +0.3 percentage points vs 08-2025 10-2025: 6.3%▲ +1.1 percentage points vs 09-2025 11-2025: 6.3%● unchanged vs 10-2025 12-2025: 6.3%● unchanged vs 11-2025 01-2026: 6.3%● unchanged vs 12-2025 02-2026: 6.3%● unchanged vs 01-2026 03-2026: 6.3%● unchanged vs 02-2026 04-2026: 6.5%▲ +0.2 percentage points vs 03-2026 05-2026: 6.7%▲ +0.2 percentage points vs 04-2026 06-2026: 6.6%▼ -0.1 percentage points vs 05-2026 07-2026: 7.1%▲ +0.5 percentage points vs 06-2026 08-2026: 7.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 6.7%▼ -0.5 percentage points vs 08-2026 10-2026: 6.8%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.1, compared with 0.16 in 2024, below 1; short-term debt: 661.4% and cash: 7.7% 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, 9% on liquidity, 8% on profitability and 22% on growth.

The bankruptcy probability was computed on 23-10-2026 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 riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Loss of €38,631, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €32,324
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€181,457
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
34 days late
2023
19 days early
2022
27 days early
2021
31 days early
2020
30 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 56) for financial year 2024 is 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 13 July (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: HANSENNE Alain (director)Gazette deed
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Appointments: Krickel Barbara (director) and Hansenne…Gazette deed

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€181,457 View
  • Risk: 7 loss-making years in a rowloss financial year 2025 -€38,631 View
  • Caution: Staff fell in 2025from 8.8 FTE to 0.4 FTE ▼ 95.5% View
  • Caution: Among the weakest 5% on solvencysector median 29.7% · 16,816 companies -561.4% View
  • Board changedlatest change 04-08-2026 · 2 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€32,324
Loss
-€38,631
Solvency
-561.4%
Total assets▼ 19.1%
Net result
20182025
Go to Financials

Timeline

Events
37
Since
1996
Next accounts
by 31-07-2027
  1. 03-09-2025Annual accounts filed
  2. 05-05-2025Registered office
  3. 22-10-2024Resignation: Philippe LUGENS (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
01-07-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
31
Annual meeting
Last Wednesday of June at 18:00
Purpose
“La gestion et l'exploitation de restaurants, de brasseries, de tea-room, de commerces…” (deed in French)
Go to Articles of association

Key facts about LA BELLE EPOQUE SPA

What is the company number of LA BELLE EPOQUE SPA?
0452.826.484. In Belgium the VAT number is the company number with BE in front: BE 0452.826.484.
Where is LA BELLE EPOQUE SPA based?
The registered office is at Rue Rogier 14, 4900 Spa.Company details
What does LA BELLE EPOQUE SPA do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of LA BELLE EPOQUE SPA?
Private limited company (BV).
When was LA BELLE EPOQUE SPA founded?
On 01-07-1994.
Is LA BELLE EPOQUE SPA still active?
Yes, LA BELLE EPOQUE SPA is an active enterprise in the KBO register.
How many employees does LA BELLE EPOQUE SPA have?
On average 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LA BELLE EPOQUE SPA?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LA BELLE EPOQUE SPA profitable?
In financial year 2025, LA BELLE EPOQUE SPA made a loss of €38,631.
Where can I find the annual accounts of LA BELLE EPOQUE SPA?
LA BELLE EPOQUE SPA filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LA BELLE EPOQUE SPA due?
By 31-07-2027, for financial year 2026.Timeline

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