SPICE MARKET
ActiveSummary
SPICE MARKET has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €307,075 and a net result of €184,144. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 45% of 4,800 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-07-2010 Normal situation
- Activity
- Full-service restaurants NACE 56111and 4 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2024
- Establishment units
- 2.204.734.576 9100 Sint-Niklaas, since 01-07-2010
- 2.239.399.606 9100 Sint-Niklaas, since 19-02-2015and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- GC ImmoDirector · permanent representative Geoffrey Verbeke
- Magnus Catering & ConsultDirector · permanent representative Yves Van Dijck
- GC CATERING & CONSULTINGDirector · permanent representative Cindy BLOCK
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €2.2m
- ▲ 29.2%
- Turnover
- ≈ €3.8m
- estimated
- Profit
- €184,144
- ▲ 155%
- Equity
- €307,075
- ▲ 150%
- Total assets
- €1.2m
- ▲ 25.1%
- Employees on 31-12-2025
- 38
- ▼ 9.5%
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)lowers riskFounded in 2010Liquidity: current ratio 0.84, cash €351,784Figures for financial year 2025 (filed on 27-08-2026)Show the evidence
Checked score
About 3 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, small). It does better than 46% of them on solvency, 62% on liquidity, 81% on profitability and 95% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
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
The company filed its last 7 accounts on average 42 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)
Key points
Recent changes
- · Gazette deed 1 director appointed, 1 director resigningResignation: Cindy BLOCK (director) · Appointment: GC Catering & Consulting (director) · Permanent representative: Cindy BLOCK
- · Gazette deed Registered office moved from Sint-Niklaas to Beveren-WaasNew seat: 9120 Beveren-Waas, Doornpark 102A · Previous seat: 9100 Sint-Niklaas, Kapelstraat 100 bus B56 · Resignations: Geoffrey Verbeke (manager) and Cindy De Block (manager)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as SPICE MARKET: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €997,000 and €1.5m, founded between 2004 and 2012.
| Company | Total assets | Gross margin |
|---|---|---|
| SPICE MARKET Beveren-Kruibeke-Zwijndrecht | €1.2m | €2.2m |
| Le 830 Namur | €1.2m | €2.5m |
| ALLREST - MEER Hoogstraten | €1.4m | €1.8m |
| LA ROMANCE Namur | €1.5m | €2.0m |
| OUD OTEREN Maaseik | €1.0m | €2.1m |
| HezeResto Laakdal | €1.2m | €1.7m |
| VELTWIJCK Antwerpen | €1.0m | €2.1m |
Key facts about SPICE MARKET
- What is the company number of SPICE MARKET?
- The company number of SPICE MARKET is 0827.512.443. The VAT number is the same number with BE in front: BE 0827.512.443.
- Where is SPICE MARKET based?
- The registered office is at Doornpark(BEV) 102A, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does SPICE MARKET do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of SPICE MARKET?
- The legal form of SPICE MARKET is Private limited company (BV).
- When was SPICE MARKET founded?
- SPICE MARKET was founded on 05-07-2010.
- Is SPICE MARKET still active?
- Yes, SPICE MARKET is an active enterprise in the KBO register.
- How many employees does SPICE MARKET have?
- SPICE MARKET had an average of 43.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SPICE MARKET fall under?
- In its 2024 annual accounts, SPICE MARKET states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of SPICE MARKET?
- The turnover in financial year 2025 is ≈ €3.8m. This figure is estimated from the gross margin of €2.2m and 1,584 comparable companies of the same size. It probably lies between €2.6m and €6.3m. It is a rough estimate.
- Is SPICE MARKET profitable?
- In financial year 2025, SPICE MARKET made a profit of €184,144.
- Where can I find the annual accounts of SPICE MARKET?
- SPICE MARKET filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SPICE MARKET due?
- SPICE MARKET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.