La Bhyte

Active

Private limited companyfounded 20206 yrs activeOostendelaan 81, 8430 Middelkerke, BelgiumKBO/BCE: BE 0741.594.197

Summary

The computed 12-month bankruptcy probability of La Bhyte is 7.4% (elevated). The 2024 annual accounts show negative equity (€-8k) and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 18941 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

19 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency0▼-4

Growth58▲+6

Track record100

Bankruptcy probability, 12 months

7.4% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.55 against 0.41 in 2023; short-term debt: 136.8% and cash: 32.9% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+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 →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-54.6%

Return on assets

-38.3%

Age of the figures

21 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

2021222324

2020 to 2024 · latest year €-8k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2023

226 d late

2022

59 d late

2021

74 d late

2020

138 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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 2024, micro schema

Equity

€-8k▼ 234%

2023 · €-2k

2020: €-7k 2021: €5k 2022: €14k 2023: €-2k

2020 → 2024

Total assets

€15k▲ 29.6%

2023 · €11k

2020: €13k 2021: €19k 2022: €24k 2023: €11k

2020 → 2024

Net result

€-6k▲ 64.4%

2023 · €-16k

2020: €-12k 2021: €12k 2022: €8k 2023: €-16k

2020 → 2024

Working capital

€-9k▼ 18.3%

2023 · €-8k

2020: €-7k 2021: €5k 2022: €9k 2023: €-8k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-7k-€5k€14k▲ 161%€-2k€-8k▼ 234%

Operating result€-11k-€13k€11k▼ 15.5%€-15k€-5k▲ 63.2%

Net result€-12k-€12k€8k▼ 29.2%€-16k€-6k▲ 64.4%

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

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €5k in 2024 against €15k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €15k

25.3%

74.7%

Fixed assets €4k ▼ 38.5%

Current assets €11k ▲ 107%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-4k▲

2023 · €-14k

Cash flow

€-4k▲

2023 · €-15k

Solvency

-54.6%▼

2023 · -21.2%

Current ratio

0.55▲

2023 · 0.41

Quick ratio

0.41▲

2023 · 0.22

Debt to equity

-2.83▲

2023 · -5.72

ROA

-38.3%▲

2023 · -139.5%

Interest coverage

-20.64▼

2023 · -12.43

Debt

€23k▲

2023 · €14k

Debt ≤ 1 year

€20k▲

2023 · €13k

Staff costs

€560▼

2023 · €31k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines

Balance sheet Code20232024

Assets

Total assets20/58€11k€15k▲

Fixed assets21/28€6k€4k▼

Tangible fixed assets22/27€5k€4k▼

Plant, machinery and equipment23€3k€2k▼

Furniture and vehicles24€2k€2k▼

Financial fixed assets28€1k€0▼

Current assets29/58€5k€11k▲

Stocks and contracts in progress3€3k€3k▲

Stocks30/36€3k€3k▲

Amounts receivable within one year40/41€429€504▲

Trade receivables40€0-

Other amounts receivable41€429€504▲

Cash at bank and in hand54/58€1k€5k▲

Deferred charges and accrued income490/1€1k€3k▲

Equity and liabilities

Total equity and liabilities10/49€11k€15k▲

Equity10/15€-2k€-8k▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€-7k€-13k▼

Amounts payable17/49€14k€23k▲

Amounts payable within one year42/48€13k€20k▲

Trade debts44€4k€5k▲

Suppliers440/4€4k€5k▲

Advances received on contracts in progress46€1k€0▼

Taxes, remuneration and social security45€3k€3k▼

Taxes450/3€484€3k▲

Remuneration and social security454/9€3k€7▼

Other amounts payable47/48€4k€13k▲

Accrued charges and deferred income492/3€743€3k▲

Income statement Code20232024

Remuneration, social security and pensions62€31k€560▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲

Other operating charges640/8€513€961▲

Gross operating margin9900€17k€-3k▼

Operating profit (loss)9901€-15k€-5k▲

Financial charges65/66B€1k€203▼

Recurring financial charges65€1k€203▼

Profit (loss) for the period before taxes9903€-16k€-6k▲

Profit (loss) for the period9904€-16k€-6k▲

Profit (loss) for the period to be appropriated9905€-16k€-6k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€-13k▼

Profit (loss) brought forward from the previous period14P€9k€-7k▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

14-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 226 days late

2023

31-12

Financial Weakest financial yearnet €-16k ▼291%

Net result drops to €-16k, the lowest in the series; recovery starts the following year.

28-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 59 days late

2022

13-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 74 days late

2021

31-12

Financial Back to profitnet €12k

Net result €12k after one loss-making year.

31-12

Financial Liquidity doublescurrent ratio 1.41

Current ratio from 0.67 to 1.41; short-term debt falls from €20k to €12k.

16-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 138 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Middelkerke · 1 establishment unit since 2020

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.

Oostendelaan 818430 Middelkerke

Ground area

256 m²

Building footprint

256 m²

Volume, LiDAR

1,300 m³

Parcel 35011B0030/00H002, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

La Bhyte

Oostendelaan 81, 8430 MiddelkerkeCafés and bars

since 20202.298.430.737

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35011B0030/00H002	Flanders	256 m²	1 · 256 m²	10.5 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel 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

2023 · 1 entry · 47 EUR awarded · 47 EUR paid

Year	Entries	awarded	paid
2023	1	47 EUR	47 EUR

Schemes

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

1 entry · 47 EUR · 47 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site

Middelkerke2.298.430.737

1 permission

Drankgelegenheid · since 15-01-2020

Similar companies · same sector, comparable size

Turnhout · Eq €13,587

BOULDERZAAL CITY LIZARD

BE 0886.563.271

Sint-Niklaas · Eq €13,593

Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 3,782 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-01-2020

Fiscal year end31-12

Activities, NACEBEL 2025

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.