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The Missing Link

Dissolution or liquidation
Private limited companyfounded 2022Antwerpsesteenweg 297, 2390 Malle, BelgiumKBO/BCE: BE 0795.240.840

The KBO register currently lists the legal status of The Missing Link as dissolution or liquidation, with no start date. Dissolved, in liquidation; liquidators: VERBAETEN Danny, formerly director; NICLAES Thomas.

Summary

The 2025 annual accounts show negative equity (-€39,033) and a net result of -€8,428.

The Missing LinkDissolution or liquidation

Financials · financial year 2025, micro format

Equity
-€39,033▼ 27.5%
2025 · -€30,605
Total assets
€26,476▼ 47.5%
2025 · €50,404
Net result
-€8,428▲ 95.6%
2025 · -€190,158
Working capital
-€39,137▼ 30.5%
2025 · -€29,981
Trend over the years

2024 to 2025, 3 financial years

Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€8,330 2025 Net result-€8,428 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202420252025
Operating result€212,868--€188,263-€8,330-
Net result€153,053above the sector's middle half--€190,158below the sector's middle half-€8,428below the sector's middle half-
Equity€159,553above the sector's middle half--€30,605below the sector's middle half-€39,033below the sector's middle half-
Total assets€265,617above the sector's middle half-€50,404within the sector's middle half▼ 81.0%€26,476below the sector's middle half-
Debt€106,064-€81,009▼ 23.6%€65,509-
Working capital-€45,036below the sector's middle half--€29,981within the sector's middle half▲ 33.4%-€39,137below the sector's middle half-
Solvency60.1%above the sector's middle half--60.7%below the sector's middle half▼ 120.8pp-147.4%below the sector's middle half-
Current ratio0.56within the sector's middle half-0.59within the sector's middle half▲ 0.030.37below the sector's middle half-
Return on assets (ROA)57.6%above the sector's middle half--377.3%below the sector's middle half▼ 434.9pp-31.8%below the sector's middle half-
Staff (FTE)28-
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €26,476
Fixed assets €3,623 ▼ 44.0%
Current assets €22,853 ▼ 48.0%
Equity and liabilities
Equity-€39,033
Debt€65,509
Equity is negative: debt (€65,509) exceeds the balance-sheet total (€26,476).
Key figures and ratios
2025 value · change against 2025
EBITDA
-€5,487▲
2025 · -€153,834
Cash flow
-€5,585▲
2025 · -€155,729
Quick ratio
0.35▼
2025 · 0.58
Interest coverage
-54.87▼
2025 · -47.58
Debt ≤ 1 year
€61,990▼
2025 · €73,920
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2025 · 39 lines
Balance sheet Code20252025
Assets
Total assets20/58€50,404€26,476▼
Fixed assets21/28€6,465€3,623▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€6,465€3,623▼
Land and buildings22€6,106€3,448▼
Furniture and vehicles24€359€174▼
Current assets29/58€43,939€22,853▼
Stocks and contracts in progress3€1,276€1,276=
Stocks30/36€1,276€1,276=
Amounts receivable within one year40/41€9,066€1,520▼
Trade receivables40€1,286-
Other amounts receivable41€7,779€1,520▼
Cash at bank and in hand54/58€33,597€20,057▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€50,404€26,476▼
Equity10/15-€30,605-€39,033▼
Contributions10/11€6,500€6,500=
Profit (loss) carried forward14-€37,105-€45,533▼
Amounts payable17/49€81,009€65,509▼
Amounts payable within one year42/48€73,920€61,990▼
Trade debts44€10,912€9,299▼
Suppliers440/4€10,912€9,299▼
Taxes, remuneration and social security45€63,008€52,691▼
Taxes450/3€63,008€52,691▼
Accrued charges and deferred income492/3€7,089€3,519▼
Income statement Code20252025
Remuneration, social security and pensions62€57,701-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,429€2,843▼
Other operating charges640/8€173,477-
Gross operating margin9900€77,343-€5,487▼
Operating profit (loss)9901-€188,263-€8,330▲
Financial income75/76B€1,338€2▼
Recurring financial income75€1,338€2▼
Financial charges65/66B€3,233€100▼
Recurring financial charges65€3,233€100▼
Profit (loss) for the period before taxes9903-€190,158-€8,428▲
Profit (loss) for the period9904-€190,158-€8,428▲
Profit (loss) for the period to be appropriated9905-€190,158-€8,428▲
Appropriation of the result
Profit (loss) to be appropriated9906-€37,105-€45,533▼
Profit (loss) brought forward from the previous period14P€153,053-€37,105▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202420252025Change
Remuneration, social security and pensions62€305,091€57,701--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,580€34,429€2,843-
Other operating charges640/8€6,380€173,477--
Gross operating margin9900€554,920€77,343-€5,487-
Operating profit (loss)9901€212,868-€188,263-€8,330-
Financial income75/76B€664€1,338€2-
Recurring financial income75€664€1,338€2-
Financial charges65/66B€7,788€3,233€100-
Recurring financial charges65€7,788€3,233€100-
Profit (loss) for the period before taxes9903€205,744-€190,158-€8,428-
Income taxes67/77€52,691---
Profit (loss) for the period9904€153,053-€190,158-€8,428-
Profit (loss) for the period to be appropriated9905€153,053-€190,158-€8,428-
Line202420252025Change
Assets
Total assets20/58€265,617€50,404€26,476-
Fixed assets21/28€207,989€6,465€3,623-
Intangible fixed assets21€183,800€0--
Tangible fixed assets22/27€24,189€6,465€3,623-
Land and buildings22-€6,106€3,448-
Plant, machinery and equipment23€22,687---
Furniture and vehicles24€1,502€359€174-
Current assets29/58€57,627€43,939€22,853-
Stocks and contracts in progress3€11,962€1,276€1,276-
Stocks30/36€11,962€1,276€1,276-
Amounts receivable within one year40/41€12,092€9,066€1,520-
Trade receivables40€12,092€1,286--
Other amounts receivable41-€7,779€1,520-
Cash at bank and in hand54/58€30,849€33,597€20,057-
Deferred charges and accrued income490/1€2,724€0--
Equity and liabilities
Total equity and liabilities10/49€265,617€50,404€26,476-
Equity10/15€159,553-€30,605-€39,033-
Contributions10/11€6,500€6,500€6,500-
Profit (loss) carried forward14€153,053-€37,105-€45,533-
Amounts payable17/49€106,064€81,009€65,509-
Amounts payable within one year42/48€102,664€73,920€61,990-
Trade debts44€25,410€10,912€9,299-
Suppliers440/4€25,410€10,912€9,299-
Taxes, remuneration and social security45€60,937€63,008€52,691-
Taxes450/3€53,492€63,008€52,691-
Remuneration and social security454/9€7,446---
Other amounts payable47/48€16,316---
Accrued charges and deferred income492/3€3,400€7,089€3,519-
Line202420252025Change
Profit (loss) for the period9904€153,053-€190,158-€8,428-
+ Depreciation and write-downs630€30,580€34,429€2,843-
Operating cash flow (approximation)€183,634-€155,729-€5,585-
Investment in fixed assets (approximation)-€167,095--
Change in cash-€2,748--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
28-08-2025 micro format 27-02-2026 2026-00048563
30-06-2025 micro format 27-02-2026 2026-00050838
30-06-2024 micro format 31-01-2025 2025-00018774

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 13,718 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 4,913. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.