Equity
-€19,694
Debts exceed assets in financial year 2025.
OUD MERCHTEM
Lifetime
17 annual accounts with figures on one time axispeak €145,297 (2009)
€16,142▼ 26.3%
lowest -€15,383 (2011)
-€1,898▼ €5,810
peak €19,009 (2009)
-€19,694▼ €1,898
€64,810▼ 33.7%
peak 3.7 FTE (2010)
-not published
Board1 name since 2022
1 directorVAN LAETHEM Christof André Simonne
Documentsfilings and deeds
17-04-202613 days before the deadline
2025micro format
Gross margin from €21,888 to €16,142Loss of €1,898Debts from €97,690 to €64,810Cash from €18,983 to €621
Key points
from the 2025 annual accountsChecked score
54
Fair
Financially stronger than 22% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% 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 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.3%▲ +0.1 percentage points vs 12-2024
02-2025: 1.2%▼ -0.1 percentage points vs 01-2025
03-2025: 1.1%▼ -0.1 percentage points vs 02-2025
04-2025: 1.0%▼ -0.1 percentage points vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.1%▲ +0.1 percentage points vs 12-2025
02-2026: 1.0%▼ -0.1 percentage points vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026lowest value
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.4%▲ +0.4 percentage points vs 04-2026highest value
06-2026: 1.4%● unchanged vs 05-2026highest value
07-2026: 1.4%● unchanged vs 06-2026highest value
08-2026: 1.4%● unchanged vs 07-2026highest value
09-2026: 1.4%● unchanged vs 08-2026highest value
10-2026: 1.4%● unchanged vs 09-2026
11-2026: 1.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Sector: Food and beverage service activities (NACE 56)
Negative equity -€19,694
lowers risk
Size: total assets €45,116
Founded in 2008
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 9% of them on solvency, 3% on liquidity, 43% on profitability and 31% 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 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 2,333 companies had the same profile as OUD MERCHTEM has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OUD MERCHTEM itself: 1.4% 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 2,333 companies, not a prediction for OUD MERCHTEM. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.03 (0.23 in 2024), below 1. Short-term debt is 118.6% and cash 1.4% of total assets. Equity is negative.
Credit check for an amount and term of your choice
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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€19,694
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 days early
2024
30 days early
2023
36 days early
2022
6 days early
2021
40 days early
2020
30 days early
2019
34 days early
← 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 27 days before 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 financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (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
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0896630089
Resignation: VAN LAETHEM Christof André Simonne (director)
Reappointment: VAN LAETHEM Christof André Simonne (director) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Director discharge: VAN LAETHEM Christof André Simonne · General meeting of 09-10-2023 · Gazette deed
First establishment
Nieuwstraat 4, Merchtem
Incorporation
published on 03-04-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| OUD MERCHTEM Merchtem | €45,116 | €16,142 | -43.7% | - |
| DEN EENHOORN Wommelgem | €43,638 | €14,211 | 57.1% | - |
| Ich & Dich Bree | €40,616 | €17,193 | 15.2% | - |
| YELDA Schaerbeek | €51,297 | €16,782 | 51.5% | 0.3 |
| BISTROLOGIE Halle | €51,315 | €21,174 | 43.8% | - |
| 'T Kaffaat Leuven | €47,858 | €24,439 | 78.7% | - |
| ZANFRA Zaventem | €48,713 | €26,234 | -137.9% | - |
These companies have the same main activity as OUD MERCHTEM: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €40,600 and €51,300, founded between 2006 and 2007.
Official details
Source: KBO- Status
- Active since 21-03-2008Normal situation
- Activity
- Cafés and barsNACE 56301and 1 other
- Establishment unit
- 2.169.988.4831785 Merchtem, since 01-04-2008
- Financial year end
- 30 September
- Peppol
- Reachable since 30-12-2025
Annual accounts to 30-09-2025
- ≈ €160,000estimated
- €45,116▼ 43.5%
- Filing
- Filed on 17-04-2026, 13 days before the end of the filing period
Insights on OUD MERCHTEM
OUD MERCHTEM files the micro format. That format states no turnover. The gross margin fell from €145,297 in 2009 to €16,142 in 2025.
The balance sheet grew most in 2019 through fixed assets.
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 OUD MERCHTEM
- What is the company number of OUD MERCHTEM?
- The company number of OUD MERCHTEM is 0896.630.089. The VAT number is the same number with BE in front: BE 0896.630.089.
- Where is OUD MERCHTEM based?
- The registered office is at Processiebaan 3, 1785 Merchtem.Company details
- What does OUD MERCHTEM do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of OUD MERCHTEM?
- OUD MERCHTEM is a private limited company (BV).
- When was OUD MERCHTEM founded?
- OUD MERCHTEM was founded on 21-03-2008.
- Is OUD MERCHTEM still active?
- Yes, OUD MERCHTEM is an active enterprise in the KBO register.
- What is the turnover of OUD MERCHTEM?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €16,142 and 100 comparable companies (NACE 56301). It probably lies between €82,000 and €360,000. It is a rough estimate.Financials
- Is OUD MERCHTEM profitable?
- In financial year 2025, OUD MERCHTEM made a loss of €1,898.
- Where can I find the annual accounts of OUD MERCHTEM?
- OUD MERCHTEM filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of OUD MERCHTEM due?
- OUD MERCHTEM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.