Debts
€39,599 76% of the balance sheet
Suppliers 20%Taxes and wages 5%Other 75%
MY SAY
Lifetime
11 annual accounts with figures on one time axispeak €76,585 (2025)
€76,585▲ 49.9%
lowest -€24,591 (2015)
€20,725▲ €21,732
peak €12,813 (2025)
€12,813▲ €20,725
€39,599▼ 6.7%
peak 1 FTE (2017)
-not published
Board3 names since 2014
1 directorNorasena Naly
Documentsfilings and deeds
15-08-202615 days late
2025micro format
Gross margin from €51,078 to €76,585Back to profit: €20,725Equity from -€7,912 to €12,813Investments €1,345Cash from €17,464 to €46,740
Key points
from the 2025 annual accountsInvestments
€1,345 2.1 × depreciation
Green is investment, beige is depreciation.
Filings
11 annual accounts since 2015
Eight of the last ten came late. The 2022 accounts came latest: 28 days after the end of the period.
Checked score
88
Excellent
Financially stronger than 74% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.6%
01-2025: 2.6%● unchanged vs 12-2024
02-2025: 2.6%● unchanged vs 01-2025
03-2025: 2.8%▲ +0.2 percentage points vs 02-2025
04-2025: 2.9%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 2.6%▼ -0.3 percentage points vs 04-2025
06-2025: 2.5%▼ -0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.2 percentage points vs 06-2025
08-2025: 1.4%▼ -1.3 percentage points vs 07-2025
09-2025: 1.4%● unchanged vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.2%▼ -0.2 percentage points vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.3%▲ +0.1 percentage points vs 02-2026
04-2026: 1.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.3%▼ -0.1 percentage points vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.7%▲ +0.4 percentage points vs 07-2026
09-2026: 0.3%▼ -1.4 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Size: total assets €52,412
lowers risk
Liquidity: current ratio 1.28, cash €46,740
Founded in 2014
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 45% of them on solvency, 63% on liquidity, 93% on profitability and 96% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as MY SAY has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MY SAY itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 5,053 companies, not a prediction for MY SAY. 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.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.28 (0.81 in 2024), below the usual 1.5. Short-term debt is 75.6% and cash 89.2% of total assets. 75.6% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 15 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 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 · 10 filingsDeviation from the deadline
2025
15 days late
2024
3 days early
2023
22 days late
2022
28 days late
2021
8 days late
2020
19 days late
2019
25 days late
← 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 16 days after 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 15 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
NN
Norasena Naly
Director, since 02-10-2023
- Naly NORASENG 91 sharesdeed of 25-05-2021
- David LENDERS KESTEMONT 9 sharesdeed of 25-05-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0505793038
Change of role: NORASENG Naly, from manager to director
“Restauration à service complet; Restauration de type traditionnel” (deed in French) · General meeting of 02-10-2023 · Gazette deed
Transfer of 50 shares from Vanhthong NORASENG
Resignation: Vanhthong NORASENG (director) · Director discharge: Vanhthong NORASENG · Naly NORASENG holds 91 shares · General meeting of 15-04-2021 · Gazette deed
Appointment: Naly NORASENG (manager)
Partner: Naly NORASENG (associée active) · General meeting of 21-03-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MY SAY Ixelles | €52,412 | €76,585 | 24.4% | - |
| CELILI PACHA Schaerbeek | €49,813 | €72,222 | 30.8% | - |
| DAVID DE L'ARENBERG Brussels | €52,848 | €69,250 | -249.4% | - |
| CAFFE.IT Brussels | €55,871 | €69,731 | 34.4% | - |
| La Mediteranée à proximité Leuze-en-Hainaut | €55,044 | €70,443 | 13.2% | - |
| Slice of heaven Antwerp | €50,347 | €74,671 | 32.7% | - |
| Ine Broodjes & Koffiekletz Bree | €57,086 | €80,082 | 11.8% | - |
These companies have the same main activity as MY SAY: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €49,800 and €57,100, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 28-11-2014Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Establishment unit
- 2.237.084.8681050 Ixelles, since 01-01-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 09-05-2026
Annual accounts 2025
- ≈ €280,000estimated
- €52,412▲ 49.0%
- ≈ 1.4 FTEestimated
- Filing
- Filed on 15-08-2026
Insights on MY SAY
MY SAY files the micro format. That format states no turnover. The gross margin rose from €22,135 in 2015 to €76,585 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MY SAY
- What is the company number of MY SAY?
- The company number of MY SAY is 0505.793.038. The VAT number is the same number with BE in front: BE 0505.793.038.
- Where is MY SAY based?
- The registered office is at Boondaalse Steenweg 439, 1050 Ixelles.Company details
- What does MY SAY 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 MY SAY?
- MY SAY is a private limited company (BV).
- When was MY SAY founded?
- MY SAY was founded on 28-11-2014.
- Is MY SAY still active?
- Yes, MY SAY is an active enterprise in the KBO register.
- How many employees does MY SAY have?
- MY SAY had an average of 3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of MY SAY?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €76,585 and 90 comparable companies (NACE 56112). It probably lies between €210,000 and €340,000. In financial year 2024 turnover was €226,086.
- Is MY SAY profitable?
- In financial year 2025, MY SAY made a profit of €20,725.
- Where can I find the annual accounts of MY SAY?
- MY SAY filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MY SAY due?
- MY SAY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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