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CHIRAG SUSHIL

Active
Private limited companyfounded 2020active for 5 yearsKoningin Astridlaan 58, 9230 Wetteren, BelgiumKBO/BCE: BE 0757.470.624
Summary

The computed 12-month bankruptcy probability of CHIRAG SUSHIL is 2.0% (moderate). The 2025 annual accounts show equity of €118,517 and a net result of €22,831. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 78% of 16,350 sector peers (NACE 56, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€189,607total assets 2025
Staff
6 FTE
Equity
€118,517
Profit
€22,831
Turnover not published (micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
  • Oli Indra PrasadDirector
Accounts filed 61 days late1 of 4 deeds read
Why 55raises riskSector: Food and beverage service activities (NACE 56)Size: total assets €189,607Latest accounts 61 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 2.85, cash €34,816Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 71% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 88+9
equity 62.5% of total assets
Liquidity 61+10
short-term debt 29.3% · cash 18.4%
Profitability 84+20
return on assets 12.0%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,715 companies, NACE 56, micro)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.4%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 1.4%● unchanged vs 01-2025lowest value 03-2025: 1.5%▲ +0.1 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.6%▲ +0.1 percentage points vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 2.4%▲ +0.7 percentage points vs 07-2025 09-2025: 2.4%● unchanged vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.3%▼ -0.1 percentage points vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.5%▲ +0.2 percentage points vs 03-2026 05-2026: 2.6%▲ +0.1 percentage points vs 04-2026 06-2026: 2.5%▼ -0.1 percentage points vs 05-2026 07-2026: 2.7%▲ +0.2 percentage points vs 06-2026 08-2026: 3.3%▲ +0.6 percentage points vs 07-2026 09-2026: 3.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 2.0%▼ -1.4 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.85, compared with 2.57 in 2024, above the usual 1.5; short-term debt: 29.3% and cash: 18.4% of total assets), and 37.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 78% on solvency, 65% on liquidity, 71% on profitability and 69% on growth.

The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €189,607
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 61 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 2.85, cash €34,816
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 5 filings
Deviation from the deadline
2025
61 days late
2024
on the day
2023
28 days late
2022
21 days early
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 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 29 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €22,831
  3. Equity above €100,000equity €118,517 ▲23.9%

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Positive: Among the best 19% on equitysector median €29,202 · 16,380 companies €118,517 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€189,607
Profit
€22,831
Solvency
62.5%
Go to Financials

Timeline

Events
10
Since
2022
Next accounts
by 31-07-2027
  1. 25-09-2025Resignation: Dawadi Shree Prasad (director)
  2. 31-07-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
26-10-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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