MEGASNACK

Active

Private limited companyfounded 199531 yrs activeAvenue Eugène Müllendorff 60, 4800 Verviers, BelgiumKBO/BCE: BE 0454.906.739

Summary

The computed 12-month bankruptcy probability of MEGASNACK is 4.5% (elevated). For MEGASNACK, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€53,066) and a net result of €731. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 2674 sector peers (fiscal year 2022). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

MEGASNACKActive

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What they do

Operation of fairground attractions

NACE 93291NACE 55302Limited-service restaurants NACE 56102

3 sites

How big

€51,239total assets 2022

Staff: 3.8 FTE
Equity: -€53,066
Profit: €731

Turnover not published (abridged schema)

Financially healthy?

Bankruptcy chance 12 m: 4.5%

2022 figures too old to score

Who decides

Accounts 793 d overdue0 of 4 deeds read

Signals- Figures for FY 2022 (filed 02-01-2024)- 3 financial years not filed after the legal deadline; latest accounts 153 days late; 3 of the last 3 late- Two or more financial years not filed- Filed more than 90 days late+ Sector Sports, amusement and recreation activities (NACE 93)+ Liquidity: current ratio 0.36, cash €26,272Show the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 0=

equity -103.6% of total assets

Liquidity 50+28

short-term debt 202.5% · cash 51.3%

Profitability 37+37

return on assets 1.4%

Bankruptcy probability, 12 months

4.5% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,212 companies)

Last 24 months 11-2024: 1.1%lowest value 12-2024: 1.5%▲ +39.6% vs 11-2024 01-2025: 3.1%▲ +102% vs 12-2024 02-2025: 3.1%● 0.0% vs 01-2025 03-2025: 3.3%▲ +7.8% vs 02-2025 04-2025: 3.0%▼ -9.7% vs 03-2025 05-2025: 3.0%● 0.0% vs 04-2025 06-2025: 3.0%● 0.0% vs 05-2025 07-2025: 3.0%● 0.0% vs 06-2025 08-2025: 4.3%▲ +42.7% vs 07-2025 09-2025: 4.3%● 0.0% vs 08-2025 10-2025: 4.3%● 0.0% vs 09-2025 11-2025: 4.3%● 0.0% vs 10-2025 12-2025: 4.3%● 0.0% vs 11-2025 01-2026: 4.3%● 0.0% vs 12-2025 02-2026: 4.7%▲ +10.9% vs 01-2026 03-2026: 4.7%● 0.0% vs 02-2026 04-2026: 4.7%● 0.0% vs 03-2026 05-2026: 4.8%▲ +0.9% vs 04-2026highest value 06-2026: 4.8%● 0.0% vs 05-2026highest value 07-2026: 4.8%● 0.0% vs 06-2026highest value 08-2026: 4.5%▼ -6.1% vs 07-2026 09-2026: 4.5%● 0.0% vs 08-2026 10-2026: 4.5%● 0.0% vs 09-2026

Figures for FY 2022 (filed 02-01-2024) raises the probability
3 financial years not filed after the legal deadline; latest accounts 153 days late; 3 of the last 3 late raises the probability
Sector Sports, amusement and recreation activities (NACE 93) lowers the probability
Liquidity: current ratio 0.36, cash €26,272 lowers the probability

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Signals

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

−lowers risk+raises risk

Figures for FY 2022 (filed 02-01-2024)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

3 financial years not filed after the legal deadline; latest accounts 153 days late; 3 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Sector Sports, amusement and recreation activities (NACE 93)

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 0.36, cash €26,272

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2023 close31-07-2024 deadline02-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-12-2023, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

153 d late

2021

92 d late

2019

60 d late

2018

218 d late

← before the deadline after the deadline →

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

This company filed its last 4 accounts on average 131 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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

31-12-23 Annual accounts filedfiscal year 2022 · micro…
31-12-22 Back to profitnet €731
31-10-22 Annual accounts filedfiscal year 2021 · micro…

Key points

Risk: Accounts not fileddeadline was 31-07-2024 793 d late View
Risk: Negative equityfiscal year 2022: debts exceed assets -€53,066 View
Caution: Among the weakest 10% on solvencysector median 24.2% · 2,674 companies -103.6% View