TAVERNE HAPPY
ActiveSummary
The computed 12-month bankruptcy probability of TAVERNE HAPPY is 9.4% (elevated). The annual accounts of TAVERNE HAPPY for fiscal year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 3674 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency55▼-19
Growth45▼-13
Track record92
Bankruptcy probability, 12 months
9.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 1.0 against 1.1 in 2024; short-term debt: 70.4% and cash: 9.4% of total assets), and 70.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.6%
Return on assets
-37%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
18 d early
2024
29 d late
2023
35 d early
2022
31 d late
2021
44 d late
2020
61 d late
2019
75 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€34k▲ 29.3%
2022 · €26k
2018: €20k
2019: €25k
2020: €37k
2021: €47k
2022: €26k
2018 → 2023
EBIT margin
3.0%▲ 21.8pp
2022 · -18.8%
2018: 1.0%
2019: -11.9%
2020: 9.3%
2021: 20.5%
2022: -18.8%
2018 → 2023
Net result
€-4k▲ 43.8%
2024 · €-6k
2018: €11
2019: €-3k
2020: €3k
2021: €10k
2022: €-5k
2023: €799
2024: €-6k
2018 → 2025
Working capital
€-23
2024 · €650
2018: €-3k
2019: €-3k
2020: €2k
2021: €15k
2022: €11k
2023: €4k
2024: €650
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€47k-€26k▼ 44.0%€34k▲ 29.3%
Equity€16k-€12k▼ 25.6%€13k▲ 6.8%€6k▼ 49.7%€3k▼ 55.6%
Operating result€10k-€-5k€1k€-6k€-3k▲ 42.8%
Net result€10k-€-5k€799€-6k€-4k▲ 43.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €6k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets
€3k ▼ 50.1%
Current assets
€7k ▼ 8.8%
Equity and liabilities €9k
Equity
€3k ▼ 55.6%
Debt
€7k ▲ 0.5%
Debt's share of the balance-sheet total rises from 51.3% to 70.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-485▲
2024 · €-3k
Cash flow
€-673▲
2024 · €-3k
Current ratio
1.00▼
2024 · 1.10
Quick ratio
0.53▲
2024 · 0.21
Debt to equity
2.38▲
2024 · 1.05
ROE
-125.1%▼
2024 · -98.9%
ROA
-37.0%▲
2024 · -48.2%
Interest coverage
-2.40▲
2024 · -20.86
Debt ≤ 1 year
€7k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€9k▼
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€7k€7k▼
Stocks and contracts in progress3€6k€3k▼
Stocks30/36€6k€3k▼
Amounts receivable within one year40/41€233€3k▲
Other amounts receivable41€233€3k▲
Cash at bank and in hand54/58€1k€890▼
Equity and liabilities
Total equity and liabilities10/49€13k€9k▼
Equity10/15€6k€3k▼
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Share premium1100/10€12k€12k=
Profit (loss) carried forward14€-6k€-10k▼
Amounts payable17/49€7k€7k▲
Amounts payable within one year42/48€7k€7k▲
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€2k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€3k€882▼
Gross operating margin9900€253€397▲
Operating profit (loss)9901€-6k€-3k▲
Financial income75/76B€21€15▼
Recurring financial income75€21€15▼
Financial charges65/66B€456€202▼
Recurring financial charges65€142€202▲
Non-recurring financial charges66B€313-
Profit (loss) for the period before taxes9903€-6k€-4k▲
Profit (loss) for the period9904€-6k€-4k▲
Profit (loss) for the period to be appropriated9905€-6k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-10k▼
Profit (loss) brought forward from the previous period14P€138€-6k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-11
KBO administration
Address struck
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-6k ▼880%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €799
Net result €799 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Highest result since 2018net €10k ▲182%
Operating result €10k, net result €10k, both a record.
31-12
Financial
Liquidity times 5current ratio 6.21
Current ratio from 1.27 to 6.21; short-term debt falls from €8k to €3k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 75 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2008
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.
Leuvensesteenweg 2151210 Sint-Joost-ten-NodeGround area
131 m²
Building footprint
127 m²
Volume, LiDAR
1,393 m³
Parcel 21572C0022/00R003, Brussels · tallest building 18.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Taverne Happy
since 20082.174.485.622
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572C0022/00R003 | Brussels | 131 m² | 1 · 127 m² | 18.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Joost-ten-Node2.174.485.622
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 2,119 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2008
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.