Financials
- Fiscal year
- 2024
- Total assets
- €125,970
- Loss
- -€20,932
- Solvency
- -4.0%
Total assets▼ 25.2%
Net result
20192024
BELJEKA SYSTEM
ActiveSummary
The computed 12-month bankruptcy probability of BELJEKA SYSTEM is 4.5% (elevated). The 2024 annual accounts show negative equity (-€5,085) and a net result of -€20,932. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 1762 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€125,970total assets 2024
- Equity
- -€5,085
- Loss
- -€20,932
Structure
- Board
- 1 member
Accounts 63 d overdue1 of 6 deeds read
Why 36- Liquidity: current ratio 0.20, cash €14, halved- Figures for FY 2024 (filed 11-08-2025)+ Size: total assets €125,970+ Founded in 2004Show the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 17% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
21-13
equity -4.0% of total assets
Liquidity
0=
short-term debt 104.0% · cash 0.0%
Profitability
50-3
return on assets -16.6%
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 14 months
09-2025: 3.4%
10-2025: 3.4%● 0.0% vs 09-2025
11-2025: 3.4%● 0.0% vs 10-2025
12-2025: 3.4%● 0.0% vs 11-2025
01-2026: 3.4%● 0.0% vs 12-2025
02-2026: 3.4%● 0.0% vs 01-2026
03-2026: 3.4%● 0.0% vs 02-2026
04-2026: 3.4%▲ +1.1% vs 03-2026
05-2026: 3.2%▼ -5.8% vs 04-2026
06-2026: 3.1%▼ -3.2% vs 05-2026lowest value
07-2026: 3.3%▲ +6.2% vs 06-2026
08-2026: 4.1%▲ +24.4% vs 07-2026
09-2026: 4.2%▲ +2.6% vs 08-2026
10-2026: 4.5%▲ +7.6% vs 09-2026highest value
- Liquidity: current ratio 0.20, cash €14, halved raises the probability
- Size: total assets €125,970 lowers the probability for this profile
- Founded in 2004 lowers the probability for this profile
- Figures for FY 2024 (filed 11-08-2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.2 against 0.12 in 2023; short-term debt: 104% and cash: 0% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 24%, liquidity 1%, profitability 35%, growth against the median 6%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€5,085
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
11 d late
2022
24 d late
2021
15 d late
2020
24 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Resignation: Lollo Giuseppe (director)Appointment: Lollo Sonia (director) ·…
- Annual accounts filedfiscal year 2024 · full…
- Weakest financial yearnet -€20,932
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€5,085 View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Caution: Board changedlatest change 19-06-2026 · 1 in office 1 joined · 1 left View
- Caution: Among the weakest 20% on net resultsector median €10,789 · 1,763 companies -€20,932 View
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 13
- Since
- 2015
- 19-06-2026Resignation: Lollo Giuseppe (director)
- 11-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 04-02-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.