Let's Bubble
ActiveSummary
Let's Bubble has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€62) and a net result of -€562. Its solvency ranks better than 13% of 8,583 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-12-2024 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 3 others
- Establishment unit
- 2.369.621.116 2018 Antwerpen, since 19-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Board and ownership
- DECKX Patty Paula DirkDirector · since 19-12-2024
- ZORGANI HasseneDirector · since 19-12-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €1,308
- Turnover
- ≈ €8,200
- estimated
- Loss
- €562
- Equity
- -€62
- Total assets
- €4,761
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€62lowers riskSize: total assets €4,761Sector: Advertising, market research and public relations activities (NACE 73)Liquidity: current ratio 0.88, cash €1,332Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 12% of them on solvency, 19% on liquidity and 15% on profitability.
The bankruptcy probability was computed on 01-11-2026 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
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 08-07-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Financial fixed assets | €500 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €275 awarded · €275 paidComparable companies
These companies have the same main activity as Let's Bubble: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €4,450 and €7,060, founded between 2024 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| Let's Bubble Antwerpen | 2024 | €4,761 | -€62 | €1,308 | -€562 | 2025 |
| Lumirec Kalmthout | 2025 | €4,512 | -€4,193 | -€5,325 | -€6,193 | 2025 |
| Soulwork Vosselaar | 2025 | €7,060 | -€11,751 | -€8,587 | -€11,851 | 2025 |
| Brent Verheyen Turnhout | 2025 | €6,998 | €2,836 | €459 | €336 | 2025 |
| BENOIT CARION CONSULTING Vilvoorde | 2024 | €4,455 | €2,325 | €402 | -€50 | 2025 |
| YanTea Grimbergen | 2024 | €4,952 | -€9,212 | -€5,497 | -€6,344 | 2025 |
| AKOR INVEST Liège | 2024 | €5,475 | €96 | -€509 | -€904 | 2025 |
They were chosen from the 7,100 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 1,322 companies had the same profile as Let's Bubble has now. Two years later, 4.2% had gone bankrupt and 90.2% were still going.
- Micro
- under 2 years old
- negative equity
- a loss of 10% of the balance sheet or more
The bankruptcy probability of Let's Bubble itself is lower: 0.7% within 12 months. It rests on far more data about Let's Bubble than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,322 companies, not a prediction for Let's Bubble. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €520 |
| Gross operating margin9900 | €1,308 |
| Operating profit (loss)9901 | €788 |
| Financial income75/76B | €2 |
| Recurring financial income75 | €2 |
| Financial charges65/66B | €149 |
| Recurring financial charges65 | €149 |
| Profit (loss) for the period before taxes9903 | €642 |
| Income taxes67/77 | €1,204 |
| Profit (loss) for the period9904 | -€562 |
| Profit (loss) for the period to be appropriated9905 | -€562 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €4,761 | |
| Fixed assets21/28 | €500 | |
| Financial fixed assets28 | €500 | |
| Current assets29/58 | €4,261 | |
| Amounts receivable within one year40/41 | €2,296 | |
| Trade receivables40 | €1,879 | |
| Other amounts receivable41 | €417 | |
| Cash at bank and in hand54/58 | €1,332 | |
| Deferred charges and accrued income490/1 | €633 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €4,761 | |
| Equity10/15 | -€62 | |
| Contributions10/11 | €500 | |
| Profit (loss) carried forward14 | -€562 | |
| Amounts payable17/49 | €4,823 | |
| Amounts payable within one year42/48 | €4,823 | |
| Trade debts44 | €1,813 | |
| Suppliers440/4 | €1,813 | |
| Taxes, remuneration and social security45 | €2,529 | |
| Taxes450/3 | €2,529 | |
| Other amounts payable47/48 | €480 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€562 |
| Operating cash flow (approximation) | -€562 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00267623 | NBB |
Board & ownership
Directors
Owners and capital
Shareholders
- DECKX Patty Paula Dirk 100 shares (100%) · €500 in cash
Capital transactions
- 23-12-2024 Incorporation · €500 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DECKX Patty Paula Dirk |
|
| ZORGANI Hassene |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt duur opdracht en bij meerdere bevoegdheid, 1”
Articles of association, deed of 23-12-2024 (in Dutch)
Network & group
Let's Bubble shares no director with another company.
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of Let's Bubble. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
23-12
Gazette deed
IncorporationStarting capital €500 · Appointments: DECKX Patty Paula Dirk (director) and ZORGANI Hassene (director) · Founder9 points ▸
- Incorporation, 18-12-2024
- Founder, DECKX Patty Paula Dirk
- Founding capital, €500
- Bank account, “[…], […]” (deed in Dutch)
- Registered office clause, “2018 Antwerpen,Sint-Laureisstraat 27” (deed in Dutch)
- Board rule, 2, “vergadering” (deed in Dutch)
- Director appointment, DECKX Patty Paula Dirk (director (not named in the articles))
- Director appointment, ZORGANI Hassene (director (not named in the articles))
- Other provision, “afgifte vóór registratie, artikel 173,1° bis Wetboek der Registratierechten” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11810K1681/00L005 | Flanders | 115 m² | 1 · 104 m² | 14.9 m · 3 |