LE BELIER 11
The file of LE BELIER 11 contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 5.2% (elevated). The 2023 annual accounts show equity of €3k and a net result of €1k. Equity is shrinking by ~19.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 44% of 4773 sector peers (fiscal year 2023).
| Equity | €3k |
| Net result | €1k |
| Better than sector | 44% |
| Active | 8 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.8% | 16.8% | |
| Net result | €1k | €2k | |
| Equity | €3k | €11k | |
| Gross operating margin | €2k | €42k | |
| Total assets | €31k | €82k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €1k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €31k |
| Equity | €3k |
| Debt | €28k |
| of which ≤ 1y | €28k |
| of which > 1y | - |
| Working capital | €2k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 1.06 |
| Quick ratio | 1.06 |
| Working capital ratio | 5.3% |
| Solvency | 10.8% |
| Debt / equity | 8.23 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 4.1% |
| ROE | 37.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €31k |
| Fixed assets | 21/28 | €2k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €30k |
| Amounts receivable within one year | 40/41 | €28k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €31k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-15k |
| Amounts payable | 17/49 | €28k |
| Amounts payable within one year | 42/48 | €28k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €2k |
| Operating result | 9901 | €1k |
| Result before taxes | 9903 | €1k |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
03-10-2025 → present | Belgian State Gazette |
| NACE primary | Cafés(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 09-01-2018 |
| Status | Active |
| Postal code | 1030 |
| First BS signal | 08-10-2025 |
| Latest BS signal | 28-04-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0104/00K005 | Brussels | 171 m² | 1 · 89 m² | 15.7 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-06-2024 1 director appointed, 1 resigning
- KANDIL Sahin, Bestuurder
- POLAT Celâl, Bestuurder
Technical details
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"evidence_quote": "5. D\u00E9mission et nomination : L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction de l\u2019administrateur Monsieur POLAT Cel\u00E2l pr\u00E9nomm\u00E9, et d\u00E9cidera \u00E0 la prochaine assembl\u00E9e g\u00E9n\u00E9rale annuelle sur la d\u00E9charge pour l\u2019ex\u00E9cution de son mandat.",
"decharge_status": "pending_next_agm",
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],
"notary": {
"name": "Michel de FRESART",
"firm_city": null,
"firm_name": null,
"office_city": "Schaerbeek",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-06-24",
"filing_date": "2024-06-20",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-06-19",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0687.689.418",
"name_full": "LE BELIER 11",
"legal_form": "SRL"
},
"publication_proxy": {
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"person_role_at_subject": "Notaire associ\u00E9"
},
"co_filed_documents": [
"exp\u00E9dition de l\u0027acte",
"statuts coordonn\u00E9es"
],
"corrected_publication_numac": null
}01-09-2023 Transaction in capital or shares
Technical details
{
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"office_city": "Bruxelles",
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"underlying_resolution_date": "2023-06-01"
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"bedrijfsrevisor": null,
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"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | LE BELIER 11 |