Equity
-€38,582
Debts exceed assets in financial year 2025.
VISATLANTIC
Lifetime
13 annual accounts with figures on one time axispeak €104,171 (2024)
€64,969▼ 37.6%
lowest -€57,388 (2020)
€46,076▼ 2.6%
peak €44,390 (2019)
-€38,582▲ €46,076
€212,380▲ 60.2%
peak 0.6 FTE (2017)
-not published
Board5 names since 2021
1 directorHaouzi Farid
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Gross margin from €104,171 to €64,9691 director appointed, 1 resignation 02-10Equity from -€84,658 to -€38,582Debts from €132,605 to €212,380Cash from €10,221 to €6,579
Key points
from the 2025 annual accountsDebts
€212,380 122% of the balance sheet
Suppliers 26%Taxes and wages 12%Other 62%
Payment terms
110 days to suppliers
VISATLANTIC pays its suppliers 104 days later than in 2024.
Liquidity
0.75 was 0.24 in 2024
Short-term debts rose from €132,605 to €212,380.
Filings
13 annual accounts since 2013
Five of the last ten came late. The 2024 accounts came latest: 109 days after the end of the period.
Position in the sector
-€38,582
Less equity than 88% of companies in food and beverage service. Sector median €28,663 · 17,189 companies.
Checked score
53
Fair
Financially stronger than 50% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025
04-2025: 2.5%● unchanged vs 03-2025
05-2025: 2.4%▼ -0.1 percentage points vs 04-2025
06-2025: 2.3%▼ -0.1 percentage points vs 05-2025
07-2025: 2.6%▲ +0.3 percentage points vs 06-2025
08-2025: 2.9%▲ +0.3 percentage points vs 07-2025
09-2025: 3.0%▲ +0.1 percentage points vs 08-2025
10-2025: 3.6%▲ +0.6 percentage points vs 09-2025
11-2025: 3.8%▲ +0.2 percentage points vs 10-2025highest value
12-2025: 2.6%▼ -1.2 percentage points vs 11-2025
01-2026: 2.6%● unchanged vs 12-2025
02-2026: 2.6%● unchanged vs 01-2026
03-2026: 2.6%● unchanged vs 02-2026
04-2026: 2.6%● unchanged vs 03-2026
05-2026: 2.5%▼ -0.1 percentage points vs 04-2026
06-2026: 2.4%▼ -0.1 percentage points vs 05-2026
07-2026: 2.4%● unchanged vs 06-2026
08-2026: 2.7%▲ +0.3 percentage points vs 07-2026
09-2026: 2.2%▼ -0.5 percentage points vs 08-2026lowest value
10-2026: 2.2%● unchanged vs 09-2026lowest value
11-2026: 2.2%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 19 days late; 1 of the last 3 accounts late
Negative equity -€38,582
lowers risk
Size: total assets €173,798
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, micro). It does better than 19% of them on solvency, 6% on liquidity, 93% on profitability and 82% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,632 companies had the same profile as VISATLANTIC has now. Each dot stands for 10 companies, two years later.
91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VISATLANTIC itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for VISATLANTIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.75 (0.24 in 2024), below 1. Short-term debt is 122.2% and cash 3.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 17158 sector peers (2025).
NBB · sector comparisonPosition among 17158 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
19 days late
2024
109 days late
2023
29 days early
2022
21 days late
2021
11 days early
2020
26 days early
2019
24 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 15 days after 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 19 August (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Tojait Mourad 5 sharesdeed of 02-10-2025
- Haouzi Said 5 sharesdeed of 02-10-2025
- Khachacha Idrissi 5 sharesdeed of 02-10-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0524786727
1 director appointed, 1 resignation
Transfer of 10 shares from Haouzi Said to Tojait Mourad · Transfer of 80 shares from Haouzi Said to Haouzi Farid · Admissions: Tojait Mourad (actief vennoot) and Haouzi Said (actief vennoot) · General meeting of 20-09-2025 · Gazette deed
Appointment: Haouzi Said (director)
Resignation: Atif Ossiffar Benchaib Ouhammou (director) · Haouzi Said holds 50 shares · Riani Abdelaziz holds 50 shares · Gazette deed
Resignation: BOUZIAN TABOUANANT Sara (director)
Haouzi Said holds 50 shares · Atif Ossiffar Benchaib Ouhammou holds 50 shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VISATLANTIC Antwerp | €173,798 | €64,969 | -22.2% | - |
| NDM Antwerp | €181,287 | €66,062 | 3.7% | - |
| AMICI MIEI Knokke-Heist | €199,788 | €65,894 | 47.1% | - |
| BELDIP Schaerbeek | €178,043 | €63,410 | 76.4% | - |
| K & S Nieuwerkerken (Limb.) | €199,264 | €70,097 | 68.0% | - |
| LE MAÇON BELGE Aywaille | €197,693 | €71,884 | 29.2% | 1.7 |
| Warmenbol Schoten | €183,423 | €62,351 | 71.1% | - |
These companies have the same main activity as VISATLANTIC: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €178,000 and €200,000, founded between 2010 and 2015.
Official details
Source: KBO- Status
- Active since 15-03-2013Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment unit
- 2.218.153.2402060 Antwerp, since 16-04-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Insights on VISATLANTIC
VISATLANTIC files the micro format. That format states no turnover. The gross margin rose from €34,166 in 2013 to €64,969 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VISATLANTIC
- What is the company number of VISATLANTIC?
- The company number of VISATLANTIC is 0524.786.727. The VAT number is the same number with BE in front: BE 0524.786.727.
- Where is VISATLANTIC based?
- The registered office is at Handelstraat 97, 2060 Antwerp.Company details
- What does VISATLANTIC do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of VISATLANTIC?
- VISATLANTIC is a private limited company (pre-2019) (BVBA).
- When was VISATLANTIC founded?
- VISATLANTIC was founded on 15-03-2013.
- Is VISATLANTIC still active?
- Yes, VISATLANTIC is an active enterprise in the KBO register.
- What is the turnover of VISATLANTIC?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €64,969 and 72 comparable companies (NACE 56111). It probably lies between €170,000 and €280,000.Financials
- Is VISATLANTIC profitable?
- In financial year 2025, VISATLANTIC made a profit of €46,076.
- Where can I find the annual accounts of VISATLANTIC?
- VISATLANTIC filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VISATLANTIC due?
- VISATLANTIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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