Equity
€71,470 from €176,811 in 2021
Equity fell by 60% in 4 years.
SILVER CITY
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €127,851 (2018)
-€3,089▼ €2,757
lowest -€35,603 (2022)
-€20,738▲ €7,530
peak €176,811 (2021)
€71,470▼ 22.5%
€316▼ 80.0%
peak 2.4 FTE (2019)
-not published
Board3 names since 2019
2 directors and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from -€332 to -€3,089Loss of €20,738Equity from €92,208 to €71,470Debts from €1,577 to €316
Key points
from the 2025 annual accountsLosses
-€96,341 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Position in the sector
-€20,738
Lower net result than 87% of companies in food and beverage service. Sector median €4,667 · 18,538 companies.
2025 accounts filed 28 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,843 companies had the same profile as SILVER CITY has now. Each dot stands for 15 companies, two years later.
84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,843 companies, not a prediction for SILVER CITY. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0437476730
Purpose change · Amendment of the articles · Legal-form change
“Kortom zij mag alles doen wat verband houdt met bovengenoemd voorwerp of wat van aard is de verwezenlijking…” (deed in Dutch) · Gazette deed
Resignation: (manager)
Director discharge: · General meeting of 01-05-2019 · Gazette deed
First establishment
RESTAURANT SILVER CITY, Evergemsesteenweg 229, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SILVER CITY Ghent | €71,786 | -€3,089 | 99.6% | - |
| DEGUSTAM Zaventem | €71,193 | -€4,264 | -106.3% | - |
| LORO Berchem-Sainte-Agathe | €69,781 | -€30,619 | -21.8% | - |
| IL STROMBOLI Tournai | €66,436 | -€3,471 | 92.9% | - |
| FULSETPORT BELGIUM Brussels | €68,143 | -€2,732 | 26.5% | - |
| DENVER Meise | €84,452 | -€19,956 | -505.4% | - |
| Palasi Schaerbeek | €60,758 | -€4,914 | 88.5% | - |
These companies have the same main activity as SILVER CITY: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €60,800 and €84,500, founded between 1983 and 1991.
Official details
Source: KBO- Status
- Active since 11-05-1989Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.043.964.7969032 Ghent, since 28-06-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2024
Insights on SILVER CITY
SILVER CITY files the micro format. That format states no turnover. The gross margin fell from €30,616 in 2006 to -€3,089 in 2025.
The balance sheet grew most in 2015 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 SILVER CITY
- What is the company number of SILVER CITY?
- The company number of SILVER CITY is 0437.476.730. The VAT number is the same number with BE in front: BE 0437.476.730.
- Where is SILVER CITY based?
- The registered office is at Evergemsesteenweg 229, 9032 Ghent.Company details
- What does SILVER CITY do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of SILVER CITY?
- SILVER CITY is a private limited company (BV).
- When was SILVER CITY founded?
- SILVER CITY was founded on 11-05-1989.
- Is SILVER CITY still active?
- Yes, SILVER CITY is an active enterprise in the KBO register.
- How many employees does SILVER CITY have?
- SILVER CITY had an average of 1.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of SILVER CITY?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is SILVER CITY profitable?
- In financial year 2025, SILVER CITY made a loss of €20,738.
- Where can I find the annual accounts of SILVER CITY?
- SILVER CITY filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SILVER CITY due?
- SILVER CITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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