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STRAND

Active
Private limited companyfounded 20179 years activeMarkt 93, 2440 Geel, BelgiumKBO/BCE: BE 0678.736.615
Summary

The computed 12-month bankruptcy probability of STRAND is 1.9% (moderate). The 2025 annual accounts show equity of €97,160 and a net result of -€20,705. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 16,193 sector peers (NACE 56, fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€202,669total assets 2025
Staff
10.6 FTE
Equity
€97,160
Loss
-€20,705
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy probability, 12 months
1.9%
Structure
Accounts filed 17 days late1 of 3 deeds read
Why 54- Latest accounts 17 days late; 2 of the last 3 late- Sector Food and beverage service activities (NACE 56)- Size: total assets €202,669+ Liquidity: current ratio 1.23, cash €64,382Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 44% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Average
Solvency 73-23
equity 47.9% of total assets
Liquidity 63-25
short-term debt 52.1% · cash 31.8%
Profitability 8-85
return on assets -10.2%
Bankruptcy probability, 12 months
1.9% 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% (23,697 companies)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 0.9%▼ -0.1 percentage points vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.8%▼ -0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 0.7%▼ -0.6 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.6%▼ -0.1 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.9%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 1.9%● unchanged vs 09-2026highest value
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 2.62 in 2024; short-term debt: 52.1% and cash: 31.8% of total assets), and 52.1% 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 66% on solvency, 68% on liquidity, 20% on profitability and 20% on growth.

The bankruptcy probability was computed on 07-10-2026 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 · Latest accounts 17 days late; 2 of the last 3 late
NBB · filings
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 1.23, cash €64,382
NBB · annual accounts
raises risk · Size: total assets €202,669
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
17 days late
2024
34 days late
2023
31 days late
2022
59 days late
2021
52 days late
2020
68 days late
2019
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: Jack Gray (director)State Gazette act
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: From profit to loss in 2025after €37,070 in 2024 -€20,705 View
  • Caution: Among the weakest 12% on net resultsector median €4,906 · 16,170 companies -€20,705 View
  • A director leftlatest change 01-07-2026 · 0 in office 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€202,669
Loss
-€20,705
Solvency
47.9%
Total assets▲ 3.9%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2019
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 31-08-2024Annual accounts filed
  3. 28-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
19-07-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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