PHARE EAST
ActiveSummary
PHARE EAST has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,983 and a net result of €12,152. Equity has been shrinking by about 3.2% per year since 2019. Its solvency ranks better than 43% of 17,001 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
Source: KBO- Status
- Active since 12-06-2018 Normal situation
- Registered office
- 10 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Cafés and bars NACE 56301and 4 others
- Joint committees
- 302 Paritair Comité voor het hotelbedrijf
- 333 Paritair Comité voor toeristische attracties · annual accounts 2025
- Establishment unit
- 2.278.753.494 8400 Oostende, since 20-08-2018
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- SNOWMAN KNOWSDirector · permanent representative Geert Uytterhoeven
- SNOWMAN KNOWS22%· score 9331-03-2026 annual accounts of SNOWMAN KNOWS
- TOURISM & OUTDOOR CONSULTANCY20%· score 942025 annual accounts of TOURISM & OUTDOOR CONSULTANCY
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €181,073
- ▲ 4.8%
- Turnover
- ≈ €480,000
- estimated
- Profit
- €12,152
- ▼ 62.2%
- Equity
- €54,983
- ▲ 28.4%
- Total assets
- €255,225
- ▲ 75.0%
- Employees on 31-12-2025
- 2
- ▲ 100%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Equity €54,983 (21.5% of total assets)Size: total assets €255,225lowers riskLiquidity: current ratio 1.03, cash €138,050Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43% of them on solvency, 67% on liquidity, 57% on profitability and 72% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 45 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)
Key points
Recent changes
- · Gazette deed 1 director appointed, 2 directors resigningAppointment: SNOWMAN KNOWS (director) · Permanent representative: Geert Uytterhoeven · Resignation: THE OUTSIDER-COAST (director)
- · Gazette deed Purpose · Amendment of the articles · Resignations & appointments
- · Gazette deed Amendment of the articles · Legal-form change
Comparable companies
These companies have the same main activity as PHARE EAST: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €242,000 and €289,000, founded between 2017 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| PHARE EAST Nieuwpoort | €255,225 | €181,073 |
| Liza Lounge Pittem | €245,677 | €191,539 |
| Viking Oostduinkerke Koksijde | €253,001 | €163,429 |
| VDPLH Watermaal-Bosvoorde | €263,172 | €202,672 |
| J FULL MOON Brussel | €284,038 | €192,979 |
| OPUB Mons | €241,705 | €162,821 |
| G&F COMPANY Sint-Gillis (bij-Brussel) | €288,839 | €184,771 |
Key facts about PHARE EAST
- What is the company number of PHARE EAST?
- The company number of PHARE EAST is 0697.827.797. The VAT number is the same number with BE in front: BE 0697.827.797.
- Where is PHARE EAST based?
- The registered office is at Brugsevaart 48, 8620 Nieuwpoort.Company details
- What does PHARE EAST do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of PHARE EAST?
- The legal form of PHARE EAST is Private limited company (BV).
- When was PHARE EAST founded?
- PHARE EAST was founded on 12-06-2018.
- Is PHARE EAST still active?
- Yes, PHARE EAST is an active enterprise in the KBO register.
- How many employees does PHARE EAST have?
- PHARE EAST had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PHARE EAST fall under?
- In its 2025 annual accounts, PHARE EAST states joint committees 302 (Paritair Comité voor het hotelbedrijf) and 333 (Paritair Comité voor toeristische attracties).
- What is the turnover of PHARE EAST?
- The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €181,073 and 31 comparable companies (NACE 56301). It probably lies between €430,000 and €600,000.
- Is PHARE EAST profitable?
- In financial year 2025, PHARE EAST made a profit of €12,152.
- Where can I find the annual accounts of PHARE EAST?
- PHARE EAST filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PHARE EAST due?
- PHARE EAST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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