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The Sailors

Active
Private limited companyfounded 2022active for 4 yearsKaai 7, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 0791.204.650
Summary

The computed 12-month bankruptcy probability of The Sailors is 5.0% (elevated). The 2024 annual accounts show equity of €13,409 and a net result of €7,450. Its solvency ranks better than 33% of 18,960 sector peers (NACE 56, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€162,446total assets 2024
Staff
2.8 FTE
Equity
€13,409
Profit
€7,450
Turnover not published (micro format)
Financial health
39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.0%
Structure
Accounts 70 days overdue1 of 5 deeds read
Why 39raises riskSector: Food and beverage service activities (NACE 56)Founded in 2022Figures for financial year 2024 (filed 02-09-2025)1 financial year not filed after the legal deadline; latest accounts 28 days lateShow the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 59% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Average
Solvency 33+5
equity 8.3% of total assets
Liquidity 54+5
short-term debt 26.2% · cash 11.3%
Profitability 74+22
return on assets 4.6%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,704 companies, NACE 56, micro)
Last 24 months 11-2024: 4.2% 12-2024: 4.2%● unchanged vs 11-2024 01-2025: 4.2%● unchanged vs 12-2024 02-2025: 4.2%● unchanged vs 01-2025 03-2025: 4.2%● unchanged vs 02-2025 04-2025: 4.8%▲ +0.6 percentage points vs 03-2025 05-2025: 5.8%▲ +1.0 percentage point vs 04-2025highest value 06-2025: 3.5%▼ -2.3 percentage points vs 05-2025lowest value 07-2025: 3.7%▲ +0.2 percentage points vs 06-2025 08-2025: 4.2%▲ +0.5 percentage points vs 07-2025 09-2025: 4.4%▲ +0.2 percentage points vs 08-2025 10-2025: 4.1%▼ -0.3 percentage points vs 09-2025 11-2025: 4.1%● unchanged vs 10-2025 12-2025: 4.1%● unchanged vs 11-2025 01-2026: 4.1%● unchanged vs 12-2025 02-2026: 4.1%● unchanged vs 01-2026 03-2026: 4.1%● unchanged vs 02-2026 04-2026: 4.2%▲ +0.1 percentage points vs 03-2026 05-2026: 4.3%▲ +0.1 percentage points vs 04-2026 06-2026: 3.8%▼ -0.5 percentage points vs 05-2026 07-2026: 4.0%▲ +0.2 percentage points vs 06-2026 08-2026: 4.6%▲ +0.6 percentage points vs 07-2026 09-2026: 4.6%● unchanged vs 08-2026 10-2026: 5.0%▲ +0.4 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 0.76, compared with 0.74 in 2023; short-term debt: 26.2% and cash: 11.3% of total assets), and 91.7% 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 32% on solvency, 57% on liquidity, 57% on profitability and 89% on growth.

The bankruptcy probability was computed on 08-10-2026 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.
+raises risk○neutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 02-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 28 days late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
28 days late
2023
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 4 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 incorporation in 2022.
KBO publications · our coverage
  1. Resignation: Van Crugten Ingrid (director)Appointments: Leye Rob (director) and…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Board changedlatest change 25-11-2025 · 2 in office 2 joined · 1 left View
  • Among the largest 16% on gross marginsector median €60,514 · 18,896 companies €211,182 View

By topic

Financials

Financial year
2024
Total assets
€162,446
Profit
€7,450
Solvency
8.3%
Total assets▼ 20.5%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
21-09-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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