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MODEL'ONGLE

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1988active for 38 yearsOsseghemstraat 193, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0434.993.431
Summary

The computed 12-month bankruptcy probability of MODEL'ONGLE is 3.3% (moderate). The 2025 annual accounts show negative equity (-€79,757) and a net result of -€5,269. Equity has been shrinking by about 42% per year since 2018. Its solvency ranks better than 10% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 31-08-1988 Normal situation
Activity
Cafés and bars NACE 56301
Establishment unit
2.040.037.781 1080 Sint-Jans-Molenbeek, since 02-09-1988
Financial year end
31 December
Peppol
Reachable since 11-01-2026

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Annual accounts 2025
Gross margin
-€3,170
▲ 62.4%
Loss
€5,269
▼ 51.3%
Equity
-€79,757
▼ 7.1%
Total assets
€77,607
▼ 0.4%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 41 days after the deadline
Filed on 10-09-2026
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 41 days late; 1 of the last 3 accounts lateNegative equity -€79,757lowers riskSize: total assets €77,607Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 18% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -102.8% of total assets
Liquidity 2+1
short-term debt 202.8% · cash 1.6%
Profitability 21+18
return on assets -6.8%
Bankruptcy probability within 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 3.2% 01-2025: 3.2%● unchanged vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.2%● unchanged vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 3.2%● unchanged vs 05-2025 07-2025: 3.2%● unchanged vs 06-2025 08-2025: 3.2%● unchanged vs 07-2025 09-2025: 3.2%● unchanged vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.2%● unchanged vs 03-2026 05-2026: 3.2%● unchanged vs 04-2026 06-2026: 3.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 3.4%▲ +0.3 percentage points vs 06-2026 08-2026: 4.1%▲ +0.7 percentage points vs 07-2026 09-2026: 4.3%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 3.3%▼ -1.0 percentage point vs 09-2026 11-2026: 3.3%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.49 (0.5 in 2024), below 1. Short-term debt is 202.8% and cash 1.6% of total assets. Equity is negative.
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 56, micro). It does better than 9% of them on solvency, 3% on liquidity, 25% on profitability and 33% on growth.

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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Size: total assets €77,607
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 41 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€79,757
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192122232425
2018 to 2025 · latest year -€79,757
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
41 days late
2024
120 days early
2023
42 days early
2022
14 days early
2021
9 days early
2019
23 days early
2018
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 55 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€79,757 View
  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€5,269 View
  • Caution: Less equity than 93% of companies in food and beverage servicesector median €28,776 · 17,027 companies -€79,757 View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as MODEL'ONGLE: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €70,700 and €84,600, founded between 1986 and 1993.

CompanyTotal assetsGross margin
MODEL'ONGLE Sint-Jans-Molenbeek€77,607-€3,170
LE SAINT CHARLES Sint-Jans-Molenbeek€76,777-€1,366
LE JURY Etterbeek€76,959-€7,572
COPENHAGEN - MONS Mons€73,707-€1,052
WIBO Oostende€84,595-€5,753
WESTERN HORSES Herentals€70,738-€1,561
V.P.G. De Panne€78,022-€8,769
Full comparison

Key facts about MODEL'ONGLE

What is the company number of MODEL'ONGLE?
The company number of MODEL'ONGLE is 0434.993.431. The VAT number is the same number with BE in front: BE 0434.993.431.
Where is MODEL'ONGLE based?
The registered office is at Osseghemstraat 193, 1080 Sint-Jans-Molenbeek.Company details
What does MODEL'ONGLE do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of MODEL'ONGLE?
The legal form of MODEL'ONGLE is Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was MODEL'ONGLE founded?
MODEL'ONGLE was founded on 31-08-1988.
Is MODEL'ONGLE still active?
Yes, MODEL'ONGLE is an active enterprise in the KBO register.
What is the turnover of MODEL'ONGLE?
The annual accounts for financial year 2025 state no turnover.Financials
Is MODEL'ONGLE profitable?
In financial year 2025, MODEL'ONGLE made a loss of €5,269.
Where can I find the annual accounts of MODEL'ONGLE?
MODEL'ONGLE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MODEL'ONGLE due?
MODEL'ONGLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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