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NABS

Active
Private limited companyfounded 2022active for 3 yearsDefacqzstraat 31, 1050 Elsene, BelgiumKBO/BCE: BE 0793.534.828

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of NABS is 9.1% (elevated). The 2024 annual accounts show negative equity (-€5,790) and a net result of -€6,964. Its solvency ranks better than 23% of 18,733 sector peers (NACE 56, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.

Latest annual accounts filed

Annual accounts 2024

Download PDF
Financial year ended
31-12-2024
Filed on
15-01-2026
Format
micro format
Reference
2026-00009212
Turnover
€33,765▼ 26.8%
2023 · €46,140
EBIT margin
-18.9%▼ 16.4pp
2023 · -2.5%
Net result
-€6,964▼ 281%
2023 · -€1,826
Working capital
-€24,772
2023 · €1,174
Trend over the years

2023 to 2024, 2 financial years

The operating result stays negative: a loss of €6,392 in 2024 against €1,150 in 2023; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€33,765 2024 Operating result-€6,392 2024 Net result-€6,964 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Turnover€46,140-€33,765▼ 26.8%
Operating result-€1,150--€6,392▼ 456%
Net result-€1,826within the sector's middle half--€6,964below the sector's middle half▼ 281%
EBIT margin-2.5%--18.9%▼ 16.4pp
Equity€1,174within the sector's middle half--€5,790below the sector's middle half
Total assets€22,399below the sector's middle half-€54,839within the sector's middle half▲ 145%
Debt€21,225-€60,629▲ 186%
Working capital€1,174within the sector's middle half--€24,772within the sector's middle half
Solvency5.2%within the sector's middle half--10.6%below the sector's middle half▼ 15.8pp
Current ratio1.06within the sector's middle half-0.59within the sector's middle half▼ 0.46
Return on assets (ROA)-8.2%within the sector's middle half--12.7%below the sector's middle half▼ 4.5pp
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
Assets €54,839
Fixed assets €18,982
Current assets €35,857
Equity and liabilities
Equity-€5,790
Debt€60,629
Equity is negative: debt (€60,629) exceeds the balance-sheet total (€54,839).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€5,298
Cash flow
-€5,870
Quick ratio
0.33▼
2023 · 1.06
Interest coverage
-9.27
Debt ≤ 1 year
€60,629▲
2023 · €21,225
Staff costs
€936
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.9% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 9.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines

Source: Annual accounts 2024 (PDF), filed with the National Bank on 15-01-2026.

Balance sheet Code20232024
Assets
Total assets20/58€22,399€54,839▲
Fixed assets21/28-€18,982
Intangible fixed assets21-€4,622
Tangible fixed assets22/27-€14,360
Other tangible fixed assets26-€14,360
Current assets29/58€22,399€35,857▲
Stocks and contracts in progress3-€15,726
Stocks30/36-€15,726
Amounts receivable within one year40/41€6,290-
Trade receivables40€1,845-
Other amounts receivable41€4,445-
Cash at bank and in hand54/58€15,846€19,939▲
Deferred charges and accrued income490/1€263€192▼
Equity and liabilities
Total equity and liabilities10/49€22,399€54,839▲
Equity10/15€1,174-€5,790▼
Contributions10/11€3,000€3,000=
Contributions outside capital11€3,000-
Share premium1100/10€3,000-
Profit (loss) carried forward14-€1,826-€8,790▼
Amounts payable17/49€21,225€60,629▲
Amounts payable within one year42/48€21,225€60,629▲
Trade debts44€931€17,415▲
Suppliers440/4€931€17,415▲
Taxes, remuneration and social security45-€2,652
Taxes450/3-€2,652
Other amounts payable47/48€20,294€40,562▲
Income statement Code20232024
Turnover70€46,140€33,765▼
Goods, raw materials, services and sundry goods60/61€46,081€34,892▼
Remuneration, social security and pensions62-€936
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,094
Other operating charges640/8€1,209€3,236▲
Gross operating margin9900€59-€1,127▼
Operating profit (loss)9901-€1,150-€6,392▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€676€572▼
Recurring financial charges65€676€572▼
Profit (loss) for the period before taxes9903-€1,826-€6,964▼
Profit (loss) for the period9904-€1,826-€6,964▼
Profit (loss) for the period to be appropriated9905-€1,826-€6,964▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,826-€8,790▼
Profit (loss) brought forward from the previous period14P--€1,826

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line20232024Change
Turnover70€46,140€33,765▼ 26.8%
Goods, raw materials, services and sundry goods60/61€46,081€34,892▼ 24.3%
Remuneration, social security and pensions62-€936-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,094-
Other operating charges640/8€1,209€3,236▲ 168%
Gross operating margin9900€59-€1,127-
Operating profit (loss)9901-€1,150-€6,392▼ 456%
Financial income75/76B-€0-
Recurring financial income75-€0-
Financial charges65/66B€676€572▼ 15.4%
Recurring financial charges65€676€572▼ 15.4%
Profit (loss) for the period before taxes9903-€1,826-€6,964▼ 281%
Profit (loss) for the period9904-€1,826-€6,964▼ 281%
Profit (loss) for the period to be appropriated9905-€1,826-€6,964▼ 281%
Line20232024Change
Assets
Total assets20/58€22,399€54,839▲ 145%
Fixed assets21/28-€18,982-
Intangible fixed assets21-€4,622-
Tangible fixed assets22/27-€14,360-
Other tangible fixed assets26-€14,360-
Current assets29/58€22,399€35,857▲ 60.1%
Stocks and contracts in progress3-€15,726-
Stocks30/36-€15,726-
Amounts receivable within one year40/41€6,290--
Trade receivables40€1,845--
Other amounts receivable41€4,445--
Cash at bank and in hand54/58€15,846€19,939▲ 25.8%
Deferred charges and accrued income490/1€263€192▼ 27.0%
Equity and liabilities
Total equity and liabilities10/49€22,399€54,839▲ 145%
Equity10/15€1,174-€5,790-
Contributions10/11€3,000€3,000=
Contributions outside capital11€3,000--
Share premium1100/10€3,000--
Profit (loss) carried forward14-€1,826-€8,790▼ 381%
Amounts payable17/49€21,225€60,629▲ 186%
Amounts payable within one year42/48€21,225€60,629▲ 186%
Trade debts44€931€17,415▲ 19×
Suppliers440/4€931€17,415▲ 19×
Taxes, remuneration and social security45-€2,652-
Taxes450/3-€2,652-
Other amounts payable47/48€20,294€40,562▲ 99.9%
Line20232024Change
Profit (loss) for the period9904-€1,826-€6,964▼ 281%
+ Depreciation and write-downs630-€1,094-
Operating cash flow (approximation)-€1,826-€5,870▼ 221%
Change in cash-€4,093-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2024 micro format 15-01-2026 2026-00009212 PDF
31-12-2023 micro format 23-08-2024 2024-00378828 PDF

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 20,096 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,854. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.