Turnover
≈ €82,000 estimated
The micro format states no turnover.
SET-LOUNGE
Lifetime
5 annual accounts with figures on one time axispeak €12,589 (2023)
€8,100▲ 3.8%
lowest -€18,532 (2022)
-€1,513▼ €3,459
peak €3,060 (2024)
€1,547▼ 49.4%
€1,424▼ 75.7%
Board1 name since 2025
1 directorTahiri Said
Documentsfilings and deeds
02-04-202661 days late
2025micro format
Loss of €1,513Equity from €3,060 to €1,547Debts from €5,867 to €1,424Cash from €3,676 to €266
Key points
from the 2025 annual accountsFilings
5 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Checked score
50
Fair
Financially stronger than 36% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.1% Moderate
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 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.1%
01-2025: 4.2%▲ +0.1 percentage points vs 12-2024
02-2025: 5.0%▲ +0.8 percentage points vs 01-2025
03-2025: 5.0%● unchanged vs 02-2025highest value
04-2025: 1.6%▼ -3.4 percentage points vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.6%● unchanged vs 06-2025
08-2025: 1.6%● unchanged vs 07-2025
09-2025: 1.6%● unchanged vs 08-2025
10-2025: 1.6%● unchanged vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.5%▼ -0.1 percentage points vs 11-2025lowest value
01-2026: 1.6%▲ +0.1 percentage points vs 12-2025
02-2026: 2.2%▲ +0.6 percentage points vs 01-2026
03-2026: 2.4%▲ +0.2 percentage points vs 02-2026
04-2026: 3.4%▲ +1.0 percentage point vs 03-2026
05-2026: 3.5%▲ +0.1 percentage points vs 04-2026
06-2026: 3.5%● unchanged vs 05-2026
07-2026: 3.5%● unchanged vs 06-2026
08-2026: 3.5%● unchanged vs 07-2026
09-2026: 3.4%▼ -0.1 percentage points vs 08-2026
10-2026: 3.1%▼ -0.3 percentage points vs 09-2026
11-2026: 3.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 62 days late; 1 of the last 3 accounts late
Loss of €1,513 (financial year 2025)
Founded in 2018
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 70% of them on solvency, 32% on liquidity, 28% on profitability and 15% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 3,591 companies had the same profile as SET-LOUNGE has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SET-LOUNGE itself: 3.1% 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 3,591 companies, not a prediction for SET-LOUNGE. 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 publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
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
Five signals.
raises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-04-2026, 61 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
61 days late
2024
26 days late
2023
16 days late
2022
59 days late
2021
273 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 87 days after 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 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 March (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0701658111
Incorporation
published on 24-08-2018 · Gazette deed
First establishment
Luikstraat 13, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SET-LOUNGE Lokeren | €2,971 | €8,100 | 52.1% | - |
| cafe bosporus Heusden-Zolder | €3,337 | €5,435 | 15.5% | - |
| DAVID & DANIEL Molenbeek-Saint-Jean | €3,831 | €6,410 | -279.2% | - |
| PEOPLE GROUP Ixelles | €3,657 | €14,562 | -38847.9% | - |
| CÉLIA PARTNER Saint-Josse-ten-Noode | €3,136 | €23,073 | -2633.4% | - |
| LE BON COIN Molenbeek-Saint-Jean | €1,445 | €6,563 | -791.8% | - |
| ALBAMAC Forest | €5,840 | €6,901 | -161.5% | - |
These companies have the same main activity as SET-LOUNGE: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €1,450 and €5,840, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 22-08-2018Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.292.273.1189160 Lokeren, since 22-08-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 11-03-2026
Insights on SET-LOUNGE
SET-LOUNGE files the micro format. That format states no turnover. The gross margin rose from -€160 in 2021 to €8,100 in 2025.
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 SET-LOUNGE
- What is the company number of SET-LOUNGE?
- The company number of SET-LOUNGE is 0701.658.111. The VAT number is the same number with BE in front: BE 0701.658.111.
- Where is SET-LOUNGE based?
- The registered office is at Luikstraat 13, 9160 Lokeren.Company details
- What does SET-LOUNGE do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of SET-LOUNGE?
- SET-LOUNGE is a private limited company (pre-2019) (BVBA).
- When was SET-LOUNGE founded?
- SET-LOUNGE was founded on 22-08-2018.
- Is SET-LOUNGE still active?
- Yes, SET-LOUNGE is an active enterprise in the KBO register.
- What is the turnover of SET-LOUNGE?
- The turnover in financial year 2025 is ≈ €82,000. This figure is estimated from the gross margin of €8,100 and 100 comparable companies (NACE 56301). It probably lies between €41,000 and €180,000. It is a rough estimate.Financials
- Is SET-LOUNGE profitable?
- In financial year 2025, SET-LOUNGE made a loss of €1,513.
- Where can I find the annual accounts of SET-LOUNGE?
- SET-LOUNGE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SET-LOUNGE due?
- SET-LOUNGE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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