Financials
- Financial year
- 2021
- Turnover
- €16,600
- Profit
- €10,527
- Solvency
- -55.5%
Turnover▼ 15.2%
Net result
20192021
ONE EIGHT EIGHT
ActiveSummary
The computed 12-month bankruptcy probability of ONE EIGHT EIGHT is 16.7% (high). For ONE EIGHT EIGHT, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€13,472) and a net result of €10,527. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 13% of 14,639 sector peers (NACE 56, financial year 2021). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
€16,600turnover 2021
- Equity
- -€13,472
- Profit
- €10,527
Financial health
- Bankruptcy probabilitywithin 12 months
- 16.7%
2021 figures too old to score
Structure
Accounts 1170 days overdue0 of 3 deeds read
Signalsraises riskFigures for financial year 2021 (filed 07-09-2022)3 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late1 change of registered office in 24 monthsEx-officio strike-off in the KBOTwo or more financial years not filedAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Average
Solvency
0=
equity -55.5% of total assets
Liquidity
50+2
short-term debt 155.5% · cash 73.1%
Profitability
100=
return on assets 43.4%
Bankruptcy probability, 12 months
16.7%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 6.9%
12-2024: 6.9%● unchanged vs 11-2024
01-2025: 6.9%● unchanged vs 12-2024
02-2025: 6.9%● unchanged vs 01-2025
03-2025: 6.9%● unchanged vs 02-2025
04-2025: 6.8%▼ -0.1 percentage points vs 03-2025
05-2025: 6.8%● unchanged vs 04-2025lowest value
06-2025: 11.1%▲ +4.3 percentage points vs 05-2025
07-2025: 11.1%● unchanged vs 06-2025
08-2025: 10.4%▼ -0.7 percentage points vs 07-2025
09-2025: 9.6%▼ -0.8 percentage points vs 08-2025
10-2025: 9.6%● unchanged vs 09-2025
11-2025: 9.6%● unchanged vs 10-2025
12-2025: 9.6%● unchanged vs 11-2025
01-2026: 9.6%● unchanged vs 12-2025
02-2026: 9.6%● unchanged vs 01-2026
03-2026: 9.6%● unchanged vs 02-2026
04-2026: 9.6%● unchanged vs 03-2026
05-2026: 9.6%● unchanged vs 04-2026
06-2026: 9.6%● unchanged vs 05-2026
07-2026: 9.6%● unchanged vs 06-2026
08-2026: 9.6%● unchanged vs 07-2026
09-2026: 16.7%▲ +7.1 percentage points vs 08-2026highest value
10-2026: 16.7%● unchanged vs 09-2026highest value
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Signals
Seven signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 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 · 5 filingsPosition against the passed deadline
31-12-2022 year end31-07-2023 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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 · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
31 days late
2020
100 days late
2019
134 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 1 day before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawal
- Late accounts filingevent 18-08-2026
- Annual accounts filedfinancial year 2021 · micro…
- Annual accounts filedfinancial year 2020 · micro…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2019
- 31-12-2020Weakest financial year
- 10-04-2020Strikeout withdrawal
- 19-03-2020Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Cafés and barsNACE 56301
- Founded
- 11-12-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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