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SP@CE CAFE

Active
Private limited companyfounded 2015active for 11 yearsEmile Maxlaan 90, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0641.834.350
Summary

The computed 12-month bankruptcy probability of SP@CE CAFE is 4.3% (elevated). The 2024 annual accounts show equity of €81,289 and a net result of €9,973. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 1,745 sector peers (NACE 56, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
€95,776total assets 2024
Equity
€81,289
Profit
€9,973
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.3%
Structure
2025 accounts not filed, 86 days past the deadline1 of 7 deeds summarised
Why 50raises riskFigures for financial year 2024 (filed 05-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 97 days late; 3 of the last 3 lateSize: total assets €95,776Sector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 70% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 100+1
equity 84.9% of total assets
Liquidity 55+13
short-term debt 15.1% · cash 6.8%
Profitability 82-18
return on assets 10.4%
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,763 companies, NACE 56, micro)
Last 24 months 11-2024: 5.6%highest value 12-2024: 3.4%▼ -2.2 percentage points vs 11-2024 01-2025: 3.4%● unchanged vs 12-2024 02-2025: 3.3%▼ -0.1 percentage points vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.2%▼ -0.1 percentage points vs 03-2025 05-2025: 3.1%▼ -0.1 percentage points vs 04-2025 06-2025: 2.9%▼ -0.2 percentage points vs 05-2025 07-2025: 3.1%▲ +0.2 percentage points vs 06-2025 08-2025: 3.3%▲ +0.2 percentage points vs 07-2025 09-2025: 3.6%▲ +0.3 percentage points vs 08-2025 10-2025: 5.0%▲ +1.4 percentage points vs 09-2025 11-2025: 5.1%▲ +0.1 percentage points vs 10-2025 12-2025: 2.6%▼ -2.5 percentage points vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.5%▼ -0.1 percentage points vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.2%▼ -0.3 percentage points vs 03-2026 05-2026: 2.1%▼ -0.1 percentage points vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026lowest value 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.4 percentage points vs 07-2026 09-2026: 3.0%▲ +0.4 percentage points vs 08-2026 10-2026: 4.3%▲ +1.3 percentage points vs 09-2026
Credit of up to €4,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 6.19, compared with 3.53 in 2023, above the usual 1.5; short-term debt: 15.1% and cash: 6.8% of total assets), and 15.1% of the assets are financed with debt and provisions.
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 94% on solvency, 59% on liquidity, 68% on profitability and 60% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 05-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 97 days late; 3 of the last 3 late
NBB · filings
raises risk · Size: total assets €95,776
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €81,289
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 97 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
97 days late
2023
112 days late
2022
91 days late
2021
102 days late
2020
101 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 99 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Highest result from 2018 to 2024net €65,280 ▲5,849%

Key points

  • Caution: Result fell in 2024from €65,280 to €9,973 ▼ 84.7% View
  • Positive: Among the best 5% on solvencysector median 24.1% · 1,745 companies 84.9% View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View

By topic

Financials

Financial year
2024
Total assets
€95,776
Profit
€9,973
Solvency
84.9%
Go to Financials

Timeline

Events
15
Since
2017
  1. 31-12-2023Liquidity quadruples
  2. 10-11-2023Amendment of the articles · Legal-form change
  3. 30-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
23-10-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about SP@CE CAFE

What is the company number of SP@CE CAFE?
0641.834.350. In Belgium the VAT number is the company number with BE in front: BE 0641.834.350.
Where is SP@CE CAFE based?
The registered office is at Emile Maxlaan 90, 1030 Schaarbeek.Company details
What does SP@CE CAFE do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of SP@CE CAFE?
Private limited company (BV).
When was SP@CE CAFE founded?
On 23-10-2015.
Is SP@CE CAFE still active?
Yes, SP@CE CAFE is an active enterprise in the KBO register.
What is the turnover of SP@CE CAFE?
€15,065 in financial year 2019, according to the filed annual accounts.Financials
Is SP@CE CAFE profitable?
In financial year 2024, SP@CE CAFE made a profit of €9,973.
Where can I find the annual accounts of SP@CE CAFE?
SP@CE CAFE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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