NO EXIT
ActiveSummary
The computed 12-month bankruptcy probability of NO EXIT is 5.8% (elevated). For NO EXIT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€58,288) and a net result of -€22,766. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2720 sector peers (fiscal year 2023). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
5.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Age of the figures
Age of the figures
33 mo
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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-11-2024, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
113 d late
2022
128 d late
2021
23 d late
2020
15 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 43 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, abbreviated schema
Equity
-€58,288▼ 64.1%
2022 · -€35,522
Total assets
€1,105▼ 46.2%
2022 · €2,055
Net result
-€22,766▲ 27.4%
2022 · -€31,337
Working capital
-€58,845▼ 58.8%
2022 · -€37,064
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€44,060€30,400-€15,212-€30,165▼ 98.3%-€21,554▲ 28.5%
Net result-€45,486€29,665within the sector's middle half-€15,956below the sector's middle half-€31,337below the sector's middle half▼ 96.4%-€22,766below the sector's middle half▲ 27.4%
Equity-€17,894€11,771within the sector's middle half-€4,185below the sector's middle half-€35,522below the sector's middle half▼ 749%-€58,288below the sector's middle half▼ 64.1%
Total assets€14,045▼ 80.3%€32,498below the sector's middle half▲ 131%€8,826below the sector's middle half▼ 72.8%€2,055below the sector's middle half▼ 76.7%€1,105below the sector's middle half▼ 46.2%
Debt€19,939▼ 37.1%€8,727▼ 56.2%€13,011▲ 49.1%€37,578▲ 189%€59,394▲ 58.1%
Working capital-€9,355€21,581within the sector's middle half-€7,067within the sector's middle half-€37,064within the sector's middle half▼ 424%-€58,845within the sector's middle half▼ 58.8%
Solvency-127.4%▼ 166.1pp36.2%within the sector's middle half▲ 163.6pp-47.4%below the sector's middle half▼ 83.6pp
Current ratio0.24▼ 2.425.47above the sector's middle half▲ 5.220.46below the sector's middle half▼ 5.01
Return on assets (ROA)-323.9%▼ 338.2pp91.3%above the sector's middle half▲ 415.1pp-180.8%below the sector's middle half▼ 272.1pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,554 in 2023 against €30,165 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1,105
Fixed assets
€556 ▼ 63.9%
Current assets
€549 ▲ 6.9%
Key figures and ratios
EBITDA
-€20,568▲
2022 · -€28,825
Cash flow
-€21,780▲
2022 · -€29,997
Interest coverage
-16.94▲
2022 · -24.59
Debt ≤ 1 year
€59,394▲
2022 · €37,578
Ratios withheld: a balance sheet total of €1,105 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,479 | €4,979 | €5,408 | €1,340 | €986 | ▼ 26.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€12,000 | - | - | - |
| Other operating charges640/8 | - | - | €6,307 | €7,311 | €7,662 | ▲ 4.8% |
| Gross operating margin9900 | -€30,809 | €40,402 | -€15,496 | -€21,514 | -€12,906 | ▲ 40.0% |
| Operating profit (loss)9901 | -€44,060 | €30,400 | -€15,212 | -€30,165 | -€21,554 | ▲ 28.5% |
| Financial income75/76B | - | - | - | €0 | €2 | ▲ 5,900% |
| Recurring financial income75 | €2 | €19 | - | €0 | €2 | ▲ 5,900% |
| Financial charges65/66B | - | - | €744 | €1,172 | €1,214 | ▲ 3.6% |
| Recurring financial charges65 | €1,428 | €754 | €744 | €1,172 | €1,214 | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | -€45,486 | €29,665 | -€15,956 | -€31,337 | -€22,766 | ▲ 27.4% |
| Profit (loss) for the period9904 | -€45,486 | €29,665 | -€15,956 | -€31,337 | -€22,766 | ▲ 27.4% |
| Profit (loss) for the period to be appropriated9905 | -€45,486 | €29,665 | -€15,956 | -€31,337 | -€22,766 | ▲ 27.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,045 | €32,498 | €8,826 | €2,055 | €1,105 | ▼ 46.2% |
| Fixed assets21/28 | €11,063 | €6,084 | €2,882 | €1,542 | €556 | ▼ 63.9% |
| Intangible fixed assets21 | €1,250 | €1,000 | €750 | €500 | €250 | ▼ 50.0% |
| Tangible fixed assets22/27 | €9,813 | €5,084 | €2,132 | €1,042 | €306 | ▼ 70.6% |
| Plant, machinery and equipment23 | - | - | €354 | - | €0 | - |
| Furniture and vehicles24 | - | - | - | - | €0 | - |
| Other tangible fixed assets26 | - | - | €1,778 | €1,042 | €306 | ▼ 70.6% |
| Current assets29/58 | €2,982 | €26,414 | €5,944 | €513 | €549 | ▲ 6.9% |
| Amounts receivable within one year40/41 | - | - | €3,222 | €315 | - | - |
| Trade receivables40 | - | - | €1,292 | - | - | - |
| Other amounts receivable41 | - | - | €1,930 | €315 | - | - |
| Cash at bank and in hand54/58 | €2,982 | €26,414 | €2,722 | €199 | €549 | ▲ 176% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,045 | €32,498 | €8,826 | €2,055 | €1,105 | ▼ 46.2% |
| Equity10/15 | -€17,894 | €11,771 | -€4,185 | -€35,522 | -€58,288 | ▼ 64.1% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€25,954 | €3,711 | -€12,245 | -€43,582 | -€66,348 | ▼ 52.2% |
| Provisions and deferred taxes16 | €12,000 | €12,000 | - | - | - | - |
| Amounts payable17/49 | €19,939 | €8,727 | €13,011 | €37,578 | €59,394 | ▲ 58.1% |
| Amounts payable after more than one year17 | €7,603 | €3,894 | - | - | - | - |
| Amounts payable within one year42/48 | €12,337 | €4,833 | €13,011 | €37,578 | €59,394 | ▲ 58.1% |
| Current portion of amounts payable after more than one year42 | - | - | €3,894 | - | - | - |
| Financial debts43 | - | - | - | - | €1,420 | - |
| Credit institutions430/8 | - | - | - | - | €1,420 | - |
| Trade debts44 | €2,831 | €381 | - | €2,268 | €636 | ▼ 72.0% |
| Suppliers440/4 | - | - | - | €2,268 | €636 | ▼ 72.0% |
| Taxes, remuneration and social security45 | - | - | - | - | €3,688 | - |
| Taxes450/3 | - | - | - | - | €688 | - |
| Remuneration and social security454/9 | - | - | - | - | €3,000 | - |
| Other amounts payable47/48 | - | - | €9,117 | €35,309 | €53,649 | ▲ 51.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€45,486 | €29,665 | -€15,956 | -€31,337 | -€22,766 | ▲ 27.4% |
| + Depreciation and write-downs630 | €5,479 | €4,979 | €5,408 | €1,340 | €986 | ▼ 26.4% |
| Operating cash flow (approximation) | -€40,006 | €34,644 | -€10,548 | -€29,997 | -€21,780 | ▲ 27.4% |
| Investment in fixed assets (approximation) | - | €0 | -€2,207 | €0 | €0 | - |
| Change in cash | - | €23,432 | -€23,692 | -€2,523 | €350 | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 113 days late
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 128 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €29,665
Net result €29,665 after one loss-making year.
31-12
Financial
Liquidity times 23current ratio 5.47
Current ratio from 0.24 to 5.47; short-term debt falls from €12,337 to €4,833.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€45,486
Net result drops to -€45,486, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
12-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2012
Ground area
82 m²
Building footprint
82 m²
Volume, LiDAR
1,252 m³
Parcel 11807G1295/00T000, Flanders · tallest building 24.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Italiëlei 123, 2000 Antwerpen
since 20122.210.459.259
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1295/00T000 | Flanders | 82 m² | 1 · 82 m² | 24.5 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.210.459.259
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Of 14,002 companies in sector 56301 we hold annual accounts for 4,896. 3,648 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
33120Repair and maintenance of machinery
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0846679841
Also
9925:BE0846679841
Registered
20-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.