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IB

Active
Private limited company·Activiteiten van eetgelegenheden met volledige bediening· 3 yrs active
Tiensevest 14 ·3000 Leuven, Belgium
KBO/BCE: BE 0804.747.434
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Age3 yrs
Board1
Staff (FTE)3

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of IB is 4.7% (elevated). The 2024 annual accounts show equity of €61k and a net result of €36k. Its solvency ranks better than 52% of 550 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.7% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 03-11-2025 95 d late 2025-00559658

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€541k
EBIT margin6.7%
Net result€36k
Working capital€-41k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 03-11-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 20.7% 19.1%
better than 52% of 550 sector peers
Net result €36k €19k
better than 62% of 549 sector peers
Equity €61k €64k
better than 49% of 550 sector peers
Gross operating margin €161k €293k
better than 37% of 547 sector peers
Staff costs €107k €239k
higher than 29% of 476 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositverkort
Revenue€541k
EBITDA€53k
Net profit€36k
Cash flow€53k
Staff costs€107k
Income taxes-
Dividends-
Total assets€295k
Equity€61k
Debt€234k
of which ≤ 1y€156k
of which > 1y-
Working capital€-41k
Employees (FTE)3.0
Ratios (computed)
2024
Current ratio0.74
Quick ratio0.58
Working capital ratio-13.7%
Solvency20.7%
Debt / equity3.84
Long-term debt ratio-
Interest coverage-
Gross margin29.7%
Net margin6.7%
ROA12.2%
ROE59.1%
EBITDA margin9.8%
Days sales outstanding2d
Days payable outstanding47d
Inventory turnover15.41
Days inventory (DSI)24d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€295k
Fixed assets 21/28€180k
Intangible fixed assets 21€43k
Tangible fixed assets 22/27€137k
Current assets 29/58€115k
Stocks & contracts in progress 3€25k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€88k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€295k
Equity 10/15€61k
Contributions / capital 10/11€25k
Accumulated profits (losses) 14€36k
Amounts payable 17/49€234k
Amounts payable within one year 42/48€156k
Trade debts payable within one year 44€49k
Income statement
Turnover 70€541k
Gross operating margin 9900€161k
Operating result 9901€36k
Result before taxes 9903€36k
Net result for the period 9904€36k
Result to be appropriated 9905€36k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
37 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • SHEH Deler Abdikarem
    Director
    State Gazette act 24152334 (23-10-2024)
    Current
    04-10-2024 → present
Former directors (1)
  • KAREEM Yaseen
    Director
    State Gazette act 24152334 (23-10-2024)
    Former
    - → 04-10-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Activiteiten van eetgelegenheden met volledige bediening(56111)
Legal form Private limited company(610)
Incorporation11-08-2023
StatusActive
Postal code3000

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Tiensevest 143000 Leuven

Establishment units

1 location
ISTANBUL BITES
Tiensevest 14, 3000 LeuvenEetgelegenheden met volledige bediening
since 20232.348.413.154
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area155 m²
Buildings1
Building footprint155 m²
Volume (LiDAR)1,647 m³
Tallest building19.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24502B0003/00T003
ProtectedTownscape or village viewMartelarenplein en omgevingSource ↗
Flanders 155 m² 1 · 155 m² 19.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 1 year ago
2024
23-10-2024 1 director appointed, 1 resigning Director changes
  • SHEH Deler Abdikarem, Bestuurder
  • KAREEM Yaseen, Bestuurder

Analysis

Snowflake analysis

financial profile on 5 axes
Health37Profitability69Solvency21Growth-Stability79
52 / 100

Mixed profile: strong on stability, weaker on solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 37
Profitability 69
Solvency 21
Growth -
Stability 79

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met volledige bediening56111Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameNL IB
Registered office
Tiensevest 14
3000 Leuven, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.