Misera
ActiveThe computed 12-month bankruptcy probability of Misera is 5.0% (elevated). The 2025 annual accounts show equity of €89k and a net result of €7k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 3668 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-10
Solvency37▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
5.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 0.91 in 2024; short-term debt: 52.6% and cash: 1.5% of total assets), and 87.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.4%
Return on assets
1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
12 d early
2024
22 d early
2023
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€89k▲ 8.8%
2024 · €81k
2023: €53k
2024: €81k
2023 → 2025
Total assets
€716k▲ 26.3%
2024 · €567k
2023: €483k
2024: €567k
2023 → 2025
Net result
€7k▼ 74.6%
2024 · €28k
2023: €46k
2024: €28k
2023 → 2025
Working capital
€5k
2024 · €-24k
2023: €-2k
2024: €-24k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€53k-€81k▲ 53.0%€89k▲ 8.8%
Operating result€75k-€63k▼ 15.7%€35k▼ 44.9%
Net result€46k-€28k▼ 39.0%€7k▼ 74.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 45% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €716k
Fixed assets
€334k▲ 3.3%
Current assets
€382k▲ 56.8%
Equity and liabilities €716k
Equity
€89k▲ 8.8%
Debt
€627k▲ 29.2%
The debt ratio rises from 85.6% to 87.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▼
2024 · €113k
Cash flow
€68k▼
2024 · €78k
Solvency
12.4%▼
2024 · 14.4%
Current ratio
1.01▲
2024 · 0.91
Quick ratio
0.57▲
2024 · 0.46
Debt / equity
7.08▲
2024 · 5.96
ROE
8.1%▼
2024 · 34.6%
ROA
1.0%▼
2024 · 5.0%
Interest coverage
4.19▼
2024 · 4.83
Debt
€627k▲
2024 · €485k
Debt ≤ 1 year
€377k▲
2024 · €267k
Debt > 1 year
€201k▲
2024 · €171k
Income taxes
€8k▼
2024 · €14k
Staff costs
€361k▲
2024 · €344k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€567k€716k▲
Fixed assets21/28€323k€334k▲
Intangible fixed assets21€10k€7k▼
Tangible fixed assets22/27€298k€311k▲
Plant, machinery and equipment23€160k€153k▼
Furniture and vehicles24€111k€117k▲
Other tangible fixed assets26€27k€41k▲
Financial fixed assets28€16k€16k=
Current assets29/58€243k€382k▲
Amounts receivable after more than one year29€58k€58k=
Other amounts receivable291€58k€58k=
Stocks and contracts in progress3€119k€166k▲
Stocks30/36€119k€166k▲
Amounts receivable within one year40/41€28k€112k▲
Trade receivables40€14k€80k▲
Other amounts receivable41€14k€32k▲
Cash at bank and in hand54/58€30k€11k▼
Deferred charges and accrued income490/1€9k€36k▲
Equity and liabilities
Total equity and liabilities10/49€567k€716k▲
Equity10/15€81k€89k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€74k€82k▲
Amounts payable17/49€485k€627k▲
Amounts payable after more than one year17€171k€201k▲
Financial debts170/4€171k€201k▲
Amounts payable within one year42/48€267k€377k▲
Current portion of amounts payable after more than one year42€53k€72k▲
Trade debts44€125k€182k▲
Suppliers440/4€125k€182k▲
Taxes, remuneration and social security45€89k€73k▼
Taxes450/3€37k€25k▼
Remuneration and social security454/9€51k€48k▼
Other amounts payable47/48-€50k
Accrued charges and deferred income492/3€47k€49k▲
Income statement
Code20242025
Remuneration, social security and pensions62€344k€361k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€61k▲
Other operating charges640/8€7k€6k▼
Gross operating margin9900€464k€462k▼
Operating profit (loss)9901€63k€35k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€23k€23k▼
Recurring financial charges65€23k€23k▼
Profit (loss) for the period before taxes9903€42k€15k▼
Income taxes67/77€14k€8k▼
Profit (loss) for the period9904€28k€7k▼
Profit (loss) for the period to be appropriated9905€28k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€82k▲
Profit (loss) brought forward from the previous period14P€46k€74k▲
Social balance
Average headcount (FTE)90877.87.6▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-02
State Gazette act
RestructuringMerger · Accounting effect · Share issue10 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Share issue10 facts ▸
- Merger
- Accounting effect, 2026-01-01
- Share issue, 36, vergoeding van de totaliteit van het vermogen van BAR MISERA
- Purpose change, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: I. HOREC…
- Capital, €7.000
- Capital, €1.500
- Founding, 2021-11-24
- Fiscal treatment, niet onderworpen (art. 11 en 18, § 3 BTW-wet), fiscale neutraliteit (art. 183bis juncto 211, § 1, lid 1 WIB 1992)
- Cash supplement
- Merger costs, gedragen door de Overnemende Vennootschap
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €7k ▼74.6%
Net result drops to €7k, the lowest in the series.
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2022
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.
Michel De Braeystraat 182000 AntwerpenGround area
6,494 m²
Building footprint
1,967 m²
Volume, LiDAR
2 m³
2 parcels, Flanders · tallest building 1.0 m. Linked by address, not a title deed.
2 establishment units
Misera
since 20222.331.490.614
Bar Misera
since 20262.388.360.922
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3917/00V002 | Flanders | 3,938 m² | 1 · 438 m² | - |
| 11811L3917/00B002 | Flanders | 2,555 m² | 1 · 1,529 m² | 1.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionTook over:BAR MISERA
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.331.490.614
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,692 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2022
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.