NECTAR
ActiveFrom the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
NECTAR has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,944 and a net result of €38,162. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 76% of 16,925 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 14-06-2004 Normal situation
- Legal form
- Private limited company
- Registered office
- Mechelseplein 17, 2000 Antwerpen
- Activity
- Cafés and bars NACE 56301
- Establishment unit
- 2.137.812.001 2000 Antwerpen, since 01-07-2004
- Financial year end
- 30 June
- Peppol
- Reachable since 27-09-2024
Who decides
- Fonne WuytsDirector · since 10-06-2004
- Paulo MarquesDirector · since 13-08-2018
- Andreas KaraspiliosDirector
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €125,751
- ▼ 14.4%
- Turnover
- ≈ €330,000
- estimated
- Profit
- €38,162
- ▼ 17.4%
- Equity
- €71,944
- ▲ 6.8%
- Total assets
- €121,249
- ▲ 17.9%
- Staff
- 2.3 FTE
- ▲ 4.5%
Why 93raises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 2.19, cash €51,685Founded in 2004Equity €71,944 (59.3% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 76% on solvency, 84% on liquidity, 93% on profitability and 52% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 26-01-2026
- Format
- micro format
- Reference
- 2026-00019592
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 15% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
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), Staff (FTE).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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%.
| 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 31,368 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €54,793 | €79,112 | €79,976 | €69,193 | ▼ 13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,100 | €252 | €1,001 | €1,305 | €1,524 | €1,524 | €1,735 | ▲ 13.8% |
| Other operating charges640/8 | - | - | - | €1,820 | €1,877 | €3,370 | €2,358 | ▼ 30.0% |
| Gross operating margin9900 | €33,985 | €45,634 | €20,457 | €72,933 | €89,526 | €146,889 | €125,751 | ▼ 14.4% |
| Operating profit (loss)9901 | -€5,175 | €14,383 | €3,793 | €15,015 | €7,013 | €62,018 | €52,465 | ▼ 15.4% |
| Financial income75/76B | - | - | - | €258 | €2,162 | €1,227 | €2,707 | ▲ 121% |
| Recurring financial income75 | €113 | €756 | €45 | €258 | €2,162 | €1,227 | €2,707 | ▲ 121% |
| Financial charges65/66B | - | - | - | €308 | €446 | €1,327 | €1,677 | ▲ 26.4% |
| Recurring financial charges65 | €275 | €361 | €269 | €308 | €446 | €1,327 | €1,677 | ▲ 26.4% |
| Profit (loss) for the period before taxes9903 | -€5,337 | €14,778 | €3,570 | €14,966 | €8,729 | €61,919 | €53,494 | ▼ 13.6% |
| Income taxes67/77 | - | - | - | - | - | €15,733 | €15,332 | ▼ 2.5% |
| Profit (loss) for the period9904 | -€5,337 | €14,778 | €3,570 | €14,966 | €8,729 | €46,186 | €38,162 | ▼ 17.4% |
| Profit (loss) for the period to be appropriated9905 | -€5,337 | €14,778 | €3,570 | €14,966 | €8,729 | €46,186 | €38,162 | ▼ 17.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €10,560 | €20,477 | €25,724 | €47,960 | €60,608 | €102,805 | €121,249 | ▲ 17.9% |
| Fixed assets21/28 | €3,938 | €5,585 | €14,302 | €14,196 | €12,672 | €11,147 | €13,059 | ▲ 17.1% |
| Tangible fixed assets22/27 | - | €1,647 | €10,364 | €10,259 | €8,734 | €7,210 | €9,121 | ▲ 26.5% |
| Land and buildings22 | - | - | - | €8,588 | €7,549 | €6,510 | €7,794 | ▲ 19.7% |
| Plant, machinery and equipment23 | - | - | - | €1,671 | €1,185 | €699 | €460 | ▼ 34.3% |
| Furniture and vehicles24 | - | - | - | - | - | - | €867 | - |
| Financial fixed assets28 | €3,938 | €3,938 | €3,938 | €3,938 | €3,938 | €3,938 | €3,938 | = |
| Current assets29/58 | €6,622 | €14,892 | €11,422 | €33,764 | €47,936 | €91,658 | €108,190 | ▲ 18.0% |
| Stocks and contracts in progress3 | €2,941 | €2,941 | €1,250 | €1,250 | €1,250 | €1,250 | €1,250 | = |
| Stocks30/36 | - | - | - | €1,250 | €1,250 | €1,250 | €1,250 | = |
| Amounts receivable within one year40/41 | - | - | €1,901 | €4,415 | €414 | €28,940 | €55,256 | ▲ 90.9% |
| Other amounts receivable41 | - | - | - | €4,415 | €414 | €28,940 | €55,256 | ▲ 90.9% |
| Cash at bank and in hand54/58 | €3,681 | €11,951 | €8,271 | €28,099 | €46,272 | €61,468 | €51,685 | ▼ 15.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €10,560 | €20,477 | €25,724 | €47,960 | €60,608 | €102,805 | €121,249 | ▲ 17.9% |
| Equity10/15 | -€2,303 | €12,475 | €16,045 | €31,010 | €39,739 | €67,354 | €71,944 | ▲ 6.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €12,410 | €21,139 | €48,754 | €53,344 | ▲ 9.4% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €10,550 | €19,279 | €46,894 | €51,484 | ▲ 9.8% |
| Profit (loss) carried forward14 | -€22,763 | -€7,985 | -€4,415 | - | - | - | - | - |
| Amounts payable17/49 | €12,862 | €8,002 | €9,679 | €16,950 | €20,869 | €35,451 | €49,305 | ▲ 39.1% |
| Amounts payable within one year42/48 | €12,862 | €8,002 | €9,679 | €16,950 | €20,869 | €35,451 | €49,305 | ▲ 39.1% |
| Trade debts44 | €2,230 | €4,099 | €2,976 | €5,968 | €9,207 | €4,909 | €210 | ▼ 95.7% |
| Suppliers440/4 | - | - | - | €5,968 | €9,207 | €4,909 | €210 | ▼ 95.7% |
| Taxes, remuneration and social security45 | - | - | - | €10,982 | €9,408 | €30,542 | €25,595 | ▼ 16.2% |
| Taxes450/3 | - | - | - | €6,626 | €4,279 | €24,434 | €21,398 | ▼ 12.4% |
| Remuneration and social security454/9 | - | - | - | €4,356 | €5,129 | €6,109 | €4,196 | ▼ 31.3% |
| Other amounts payable47/48 | - | - | - | - | €2,253 | - | €23,500 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,337 | €14,778 | €3,570 | €14,966 | €8,729 | €46,186 | €38,162 | ▼ 17.4% |
| + Depreciation and write-downs630 | €1,100 | €252 | €1,001 | €1,305 | €1,524 | €1,524 | €1,735 | ▲ 13.8% |
| Operating cash flow (approximation) | -€4,237 | €15,029 | €4,570 | €16,270 | €10,253 | €47,710 | €39,897 | ▼ 16.4% |
| Investment in fixed assets (approximation) | - | -€1,899 | -€9,718 | -€1,199 | €0 | €0 | -€3,646 | - |
| Change in cash | - | €8,270 | -€3,681 | €19,829 | €18,173 | €15,196 | -€9,783 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 26-01-2026 | 2026-00019592 | |
| 30-06-2024 | micro format | 31-12-2024 | 2024-00628051 | |
| 30-06-2023 | micro format | 05-01-2024 | 2024-00543667 | |
| 30-06-2022 | micro format | 09-01-2023 | 2023-20558062 | |
| 30-06-2021 | micro format | 03-01-2022 | 2022-00100215 | |
| 30-06-2020 | micro format | 05-01-2021 | 2021-00200289 | |
| 30-06-2019 | micro format | 02-01-2020 | 2020-00100079 | |
| 30-06-2018 | micro format | 07-01-2019 | 2019-00500536 | |
| 30-06-2017 | micro format | 29-01-2018 | 2018-02900060 | |
| 30-06-2016 | abbreviated format | 23-12-2016 | 2016-71500331 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €291 awarded · €291 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Andreas Karaspilios |
|
| Fonne Wuyts |
|
| Paulo Marques |
|
How the board is organised
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Mandaat al dan niet bezoldigd, ten laste algemene kosten van vennootschap”1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie krachtens statuten”
Articles of association, deed of 05-01-2024 (in Dutch)
Owners and capital
Capital and shareholders
- 05-01-2024 Converted to unavailable equity · €20,460
Shares according to the articles of association
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Andere beschikkingen aangaande aandelen en hun overdracht, overeenkomstig artikelen 5:63 en volgende Wetboek van vennootschappen en…”
- Share issue ruleHow and by whom new shares can be issued.
- “Eerst aan bestaande aandeelhouders naar evenredigheid van aantal aandelen, nieuwe aandelen waarop in geld wordt ingeschreven”1 more provision on this in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 05-01-2024 (in Dutch)
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
05-01
Gazette deed
Resignations: Andreas Karaspilios, Fonne Wuyts and Paulo MarquesReappointments: Andreas Karaspilios, Fonne Wuyts and Paulo Marques · Amendment of the articles · Capital conversion17 facts ▸
- General meeting, 26-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
- Other provision, “uitkering interimdividenden, voorzien in mogelijkheid om winsten van lopende boekjaar uit te keren” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital
- Director resignation, Andreas Karaspilios (director)
- Director resignation, Fonne Wuyts (director)
- Director resignation, Paulo Marques (director)
- Director discharge, Andreas Karaspilios
- Director discharge, Fonne Wuyts
- +5 further facts in this act
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De uitbating van een horecabedrijf meer bepaald het uitbaten van en…”
8 activities
- De uitbating van een horecabedrijf meer bepaald het uitbaten van en restaurant,brasserie,taverne,café,ijssalon,verbruikssalon,broodjeszaak,frituur,snackbar,pizzeria,pitta-bar,feest- en vergaderzalen.Het aannemen van feesten en banketten zowel binnen- als buitenhuis.Het uitbaten en verhuren van feestzalen,traiteurdienst
- De uitbating van dancings,discotheken,fuif- en concertzalen,privé-clubs
- De verhuur van allerlei horecamaterialen,-machines en -materieel
- De verhuur van alle instrumenten,audio-,video- en lichtapparatuur,en -installaties alsmede de verhuur van videocassettes en -banden,CD’s,grammofoonplaten,enzoverder
- Het organiseren en exploiteren van alle mogelijke tentoonstellingen,beurzen,modeshows,concerten,filmzalen,theaters,schouwburgen,veilingen,seminaries en congressen,enzoverder
- Groot- en kleinhandel,de fabricage,de import en export in wijnen,sterke dranken,bieren,alcoholische en andere dranken,tabaksproducten,alle horeca-artikelen en benodigdheden
- Groot- en kleinhandel,de fabricage,de import en export in suiker,chocolade en suikerwerk,koffie,thee,cacao en specerijen,groenten en fruit,zuivelproducten en alle andere voedingswaren
- Maakloonwerken
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NECTAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 3”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 December at 20:00
Articles of association, deed of 05-01-2024 (in Dutch)
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11803C0996/00A000 | Flanders | 73 m² | 1 · 73 m² | 14.9 m · 4 |