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TROUBADOUR

Active
Private limited companyfounded 1998active for 28 yearsTiensestraat 32, 3000 Leuven, BelgiumKBO/BCE: BE 0463.261.112
Summary

TROUBADOUR has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €373,378 and a net result of €31,295. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 60% of 4,802 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 29-04-1998 Normal situation
Activity
Full-service restaurants NACE 56111and 1 other
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment units
2.087.093.669 3000 Leuven, since 12-06-1998
2.283.208.764 3000 Leuven, since 01-08-2018
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board
Shareholders
  • Tim De Boerannual accounts 2025

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€723,595
▼ 14.3%
Turnover
≈ €1.7m
estimated
Profit
€31,295
▼ 72.4%
Equity
€373,378
▼ 20.3%
Total assets
€945,502
▼ 5.4%
Employees on 31-12-2025
11
▲ 37.5%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: 11.5 FTE, total assets €945,502lowers riskLiquidity: current ratio 2.03, cash €202,274Founded in 1998Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 64-8
equity 39.5% of total assets
Liquidity 54-11
short-term debt 46.4% · cash 21.4%
Profitability 54-29
return on assets 3.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025highest value 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.2 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.03 (2.45 in 2024), above the usual 1.5. Short-term debt is 46.4% and cash 21.4% of total assets. However, 60.5% of the assets are financed with debt and provisions.
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 64% of them on solvency, 61% on liquidity, 31% on profitability and 22% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 2.03, cash €202,274
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 11.5 FTE, total assets €945,502
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
43 days early
2023
42 days early
2022
28 days early
2021
23 days late
2020
19 days late
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €113,379 to €31,295 ▼ 72.4% View
  • Positive: More equity than 81% of companies in food and beverage servicesector median €79,324 · 4,804 companies €373,378 View
  • Positive: 5 profitable years in a rowprofit 2025: €31,295 5 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Merger: Troubadour takes over Tim De BoerCapital increase of €19,730.44 · Change of role: De Boer Tim, from manager to director · Resignation: Tim De Boer (manager)
  2. · Gazette deed Merger proposal: Troubadour takes over De Boer Tim BVPermanent representative: De Boer Tim
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as TROUBADOUR: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €614,000 and €1.1m, founded between 1994 and 2005.

CompanyTotal assetsGross margin
TROUBADOUR Leuven€0.9m€0.7m
YSSI'S Knokke-Heist€1.0m€0.8m
JEANO Sint-Agatha-Berchem€1.0m€0.6m
ALVIG Etterbeek€0.9m€0.8m
Wok Dynasty Leuven€1.0m€0.7m
MOUTON Tremelo€0.6m€0.7m
SIR KWINTEN Lennik€1.1m€0.9m
Full comparison

Key facts about TROUBADOUR

What is the company number of TROUBADOUR?
The company number of TROUBADOUR is 0463.261.112. The VAT number is the same number with BE in front: BE 0463.261.112.
Where is TROUBADOUR based?
The registered office is at Tiensestraat 32, 3000 Leuven.Company details
What does TROUBADOUR do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of TROUBADOUR?
The legal form of TROUBADOUR is Private limited company (BV).
When was TROUBADOUR founded?
TROUBADOUR was founded on 29-04-1998.
Is TROUBADOUR still active?
Yes, TROUBADOUR is an active enterprise in the KBO register.
How many employees does TROUBADOUR have?
TROUBADOUR had an average of 11.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TROUBADOUR fall under?
In its 2025 annual accounts, TROUBADOUR states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of TROUBADOUR?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €723,595 and 42 comparable companies (NACE 56111). It probably lies between €1.6m and €2.4m.
Is TROUBADOUR profitable?
In financial year 2025, TROUBADOUR made a profit of €31,295.
Where can I find the annual accounts of TROUBADOUR?
TROUBADOUR filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TROUBADOUR due?
TROUBADOUR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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