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Qap de l' eau

Active
Private limited companyfounded 2015active for 11 yearsKerkstraat 25, 2060 Antwerpen, BelgiumKBO/BCE: BE 0627.945.435
Summary

The computed 12-month bankruptcy probability of Qap de l' eau is 1.7% (moderate). The 2025 annual accounts show negative equity (-€108,352) and a net result of €53,108. Equity is shrinking by about 9.4% per year across the filed financial years. Its solvency ranks better than 7% of 16,350 sector peers (NACE 56, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€61,097total assets 2025
Staff
1.3 FTE
Equity
-€108,352
Profit
€53,108
Turnover not published (abbreviated or micro format)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Accounts filed 24 days late2 of 10 deeds read
Why 56raises riskNegative equity -€108,3521 change of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.30, cash €41,997Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Average
Solvency 0=
equity -177.3% of total assets
Liquidity 50=
short-term debt 277.3% · cash 68.7%
Profitability 100+100
return on assets 86.9%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,715 companies, NACE 56, micro)
Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.5%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 1.5%● unchanged vs 01-2025lowest value 03-2025: 2.9%▲ +1.4 percentage points vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 3.4%▲ +0.5 percentage points vs 04-2025 06-2025: 3.3%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025 08-2025: 4.1%▲ +0.8 percentage points vs 07-2025 09-2025: 4.8%▲ +0.7 percentage points vs 08-2025 10-2025: 4.6%▼ -0.2 percentage points vs 09-2025 11-2025: 4.6%● unchanged vs 10-2025 12-2025: 4.6%● unchanged vs 11-2025 01-2026: 4.7%▲ +0.1 percentage points vs 12-2025 02-2026: 4.7%● unchanged vs 01-2026 03-2026: 4.3%▼ -0.4 percentage points vs 02-2026 04-2026: 4.4%▲ +0.1 percentage points vs 03-2026 05-2026: 4.6%▲ +0.2 percentage points vs 04-2026 06-2026: 4.4%▼ -0.2 percentage points vs 05-2026 07-2026: 4.5%▲ +0.1 percentage points vs 06-2026 08-2026: 5.2%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.7%▼ -3.5 percentage points vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.3, compared with 0.13 in 2024, below 1; short-term debt: 277.3% and cash: 68.7% of total assets), and equity is negative.
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 9% on solvency, 49% on liquidity, 93% on profitability and 74% on growth.

The bankruptcy probability was computed on 13-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€108,352
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 0.30, cash €41,997
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 16350 sector peers (2025).
NBB · sector comparison
Position among 16350 sector peers
Solvency
better than 7%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filings
Deviation from the deadline
2025
24 days late
2024
30 days late
2023
7 days early
2022
31 days late
2021
26 days late
2020
10 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: Moussa Mohammed (director)Shareholding · Director discharge
  3. Back to profitnet €53,108

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€108,352 View
  • Caution: Among the weakest 5% on equitysector median €29,202 · 16,380 companies -€108,352 View
  • Positive: Back in profit in 2025after -€31,122 in 2024 €53,108 View
  • A director leftlatest change 21-04-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€61,097
Profit
€53,108
Solvency
-177.3%
Total assets▲ 97.1%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 30-08-2025Annual accounts filed
  2. 06-06-2025Appointment: MOUSSA Mohammed (director)
  3. 24-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
07-04-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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