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Sportbar TimeOut

Active
Private limited companyfounded 20251 year activePluimstraat(DE) 18, 8600 Diksmuide, BelgiumKBO/BCE: BE 1023.497.181
Summary

The computed 12-month bankruptcy probability of Sportbar TimeOut is 1.7% (moderate). The 2025 annual accounts show equity of €14,787 and a net result of €13,787. Its solvency ranks better than 27% of 16,193 sector peers (NACE 56, fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€587,072total assets 2025
Staff
3.1 FTE
Equity
€14,787
Profit
€13,787
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy probability, 12 months
1.7%
Structure
Accounts 43 days early0 of 1 deed read
Why 55- Sector Food and beverage service activities (NACE 56)- Founded in 2025+ Size: total assets €587,072+ Figures for FY 2025 (filed 18-06-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (NACE 56, micro)
Financial strength
Average
Solvency 28
equity 2.5% of total assets
Liquidity 36
short-term debt 38.0% · cash 2.5%
Profitability 72
return on assets 2.3%
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% (23,693 companies)
Last 24 months 06-2026: 3.9% 07-2026: 3.9%● unchanged vs 06-2026 08-2026: 4.1%▲ +0.2 percentage points vs 07-2026 09-2026: 4.4%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 1.7%▼ -2.7 percentage points vs 09-2026lowest value
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.18; short-term debt: 38% and cash: 2.5% of total assets), and 97.5% of the assets are financed with debt.
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 27% on solvency, 30% on liquidity and 52% on profitability.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2025
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €587,072
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 18-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
43 days early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Founded 16 months agofounded 20-05-2025 16 months View
  • Among the largest 14% on gross marginsector median €61,051 · 16,128 companies €240,699 View
  • Total assets 2025first fiscal year filed €587,072 View

By topic

Financials

Fiscal year
2025
Total assets
€587,072
Profit
€13,787
Solvency
2.5%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
20-05-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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