LOUNGE NUMBER 1

Active

Private limited company (pre-2019)founded 2016active for 10 yearsZuidstationstraat 2, 9000 Gent, BelgiumKBO/BCE: BE 0646.948.527

Summary

The computed 12-month bankruptcy probability of LOUNGE NUMBER 1 is 7.5% (elevated). For LOUNGE NUMBER 1, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€147,161) and a net result of €30,967. Equity is shrinking by about 3.2% per year across the filed financial years. Its solvency ranks better than 6% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

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LOUNGE NUMBER 1Active

Risk analysis Report Compare

Activity

Limited-service restaurants, excluding mobile food services

NACE 56112

1 site

Size

€67,751total assets 2024

Staff: 2.8 FTE
Equity: -€147,161
Profit: €30,967

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 7.5%

2024 figures too old to score

Structure

Bozukluhan BurhanDirector

2025 accounts not filed, 177 days past the deadline5 of 7 deeds summarised

Signalsraises riskFigures for financial year 2024 (filed 12-06-2025)1 financial year not filed after the legal deadline; last filed accounts filed 43 days late; 1 of the last 3 lateSector: Food and beverage service activities (NACE 56)Size: total assets €67,751Annual accounts not filed2024 accounts filed 43 days lateShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Average

Solvency 0=

equity -217.2% of total assets

Liquidity 42-8

short-term debt 259.3% · cash 33.9%

Profitability 100=

return on assets 45.7%

Bankruptcy probability, 12 months

7.5% 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: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.8%▲ +0.1 percentage points vs 12-2024 02-2025: 1.7%▼ -0.1 percentage points vs 01-2025 03-2025: 1.6%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 1.8%▲ +0.2 percentage points vs 03-2025 05-2025: 2.5%▲ +0.7 percentage points vs 04-2025 06-2025: 2.7%▲ +0.2 percentage points vs 05-2025 07-2025: 2.6%▼ -0.1 percentage points vs 06-2025 08-2025: 2.6%● unchanged vs 07-2025 09-2025: 2.6%● unchanged vs 08-2025 10-2025: 2.6%● unchanged vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.5%▼ -0.1 percentage points vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.4%▼ -0.1 percentage points vs 02-2026 04-2026: 2.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.1%▲ +0.6 percentage points vs 04-2026 06-2026: 3.5%▲ +0.4 percentage points vs 05-2026 07-2026: 4.4%▲ +0.9 percentage points vs 06-2026 08-2026: 4.5%▲ +0.1 percentage points vs 07-2026 09-2026: 5.6%▲ +1.1 percentage points vs 08-2026 10-2026: 7.5%▲ +1.9 percentage points vs 09-2026highest value

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Signals

Six signals.

raises risk

Figures for financial year 2024 (filed 12-06-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 43 days late; 1 of the last 3 late

NBB · filings

Sector: Food and beverage service activities (NACE 56)

KBO

Size: total assets €67,751

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 177 days later.

NBB · 7 filings

Position against the passed deadline

30-09-2025 year end30-04-2026 deadline24-10-2026 today

2024 accounts filed 43 days late

The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 12-06-2025, 43 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 · 7 filings

Deviation from the deadline

2025

not filed

2024

43 days late

2023

23 days late

2022

1 day late

2021

11 days late

2020

61 days late

2018

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 23 days after 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 (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

04-08-2026 Appointment: Bozukluhan Burhan (director)Resignation: Bozukluhan Yusuf (director) ·…
24-03-2026 Appointment: Bozukluhan Burhan (director)Resignation: Bozukluhan Yusuf (director) ·…
29-12-2025 Resignation: Bozukluhan Burhan (director)Appointment: Bozukluhan Yusuf (director) ·…

Key points

Risk: 2025 accounts not fileddeadline was 30-04-2026 177 days past the deadline View
Risk: Negative equityfinancial year 2024: debts exceed assets -€147,161 View
Caution: Among the weakest 5% on equitysector median €27,810 · 18,780 companies -€147,161 View
Caution: Board changedlatest change 24-03-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year: 2024
Total assets: €67,751
Profit: €30,967
Solvency: -217.2%

Total assets▲ 52.9%

Net result

20202024

Go to Financials

Board & ownership

Board: 1 member

Bozukluhan BurhanDirector

Go to Board & ownership

Timeline

Events: 14
Since: 2018

09-09-2025Resignation: Avci Hadis (director)
12-06-2025Annual accounts filed
10-04-2025Appointment: Avci Hadis (director)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded: 25-01-2016
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about LOUNGE NUMBER 1

What is the company number of LOUNGE NUMBER 1?: 0646.948.527. In Belgium the VAT number is the company number with BE in front: BE 0646.948.527.
Where is LOUNGE NUMBER 1 based?: The registered office is at Zuidstationstraat 2, 9000 Gent.Company details
What does LOUNGE NUMBER 1 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 LOUNGE NUMBER 1?: Private limited company (pre-2019) (BVBA).
When was LOUNGE NUMBER 1 founded?: On 25-01-2016.
Is LOUNGE NUMBER 1 still active?: Yes, LOUNGE NUMBER 1 is an active enterprise in the KBO register.
How many employees does LOUNGE NUMBER 1 have?: On average 2.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of LOUNGE NUMBER 1?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LOUNGE NUMBER 1 profitable?: In financial year 2024, LOUNGE NUMBER 1 made a profit of €30,967.
Where can I find the annual accounts of LOUNGE NUMBER 1?: LOUNGE NUMBER 1 filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.