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CIRCOLO ITALIANO

Active
Private limited companyfounded 2008active for 18 yearsOude Baan(E) 163, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0899.405.576
Summary

CIRCOLO ITALIANO has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,109 and a net result of €9,808. Equity has been growing by about 7.6% per year since 2018. Its solvency ranks better than 83% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-07-2008 Normal situation
Activity
Cafés and bars NACE 56301
Establishment unit
2.173.518.392 3630 Maasmechelen, since 09-10-2008
Financial year end
31 December
Peppol
Reachable since 10-02-2026

Board and ownership

Board

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€23,288
▲ 43.3%
Turnover
≈ €240,000
estimated
Profit
€9,808
▲ 59.6%
Equity
€71,109
▼ 17.6%
Total assets
€103,988
▲ 16.9%
  • 2025 accounts filed 61 days after the deadline
Filed on 30-09-2026
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 61 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.23, cash €50,519Equity €71,109 (68.4% of total assets)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 93-7
equity 68.4% of total assets
Liquidity 86-14
short-term debt 31.6% · cash 48.6%
Profitability 81+26
return on assets 9.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.23 (21.96 in 2024), above the usual 1.5. Short-term debt is 31.6% and cash 48.6% of total assets. 31.6% of the assets are financed with debt and provisions.
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 83% of them on solvency, 89% on liquidity, 66% on profitability and 26% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 2.23, cash €50,519
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €71,109 (68.4% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
3 days early
2023
5 days early
2022
on the day
2021
31 days late
2020
1 day early
2019
31 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 16 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 31 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 82% of companies in food and beverage servicesector median 29.6% · 16,961 companies 68.4% View
  • Positive: 7 profitable years in a rowprofit 2025: €9,808 7 years View

Recent changes

  1. · Gazette deed Resignations: SORBO Antonio (manager) and VENTRONE Concetta (manager)Reappointments: SORBO Antonio (director) and VENTRONE Concetta (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as CIRCOLO ITALIANO: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €91,800 and €119,000, founded between 2007 and 2010.

CompanyTotal assetsGross margin
CIRCOLO ITALIANO Maasmechelen€103,988€23,288
CELECTRICS Wetteren€108,117€23,706
BRUSSELS CITY Roosdaal€111,900€25,304
SEBASTIA Brussel€111,440€27,145
GJOCAJY Hannut€118,600€23,075
ARDIMANA Maldegem€113,925€21,390
ZHANO Ninove€91,777€25,738
Full comparison

Key facts about CIRCOLO ITALIANO

What is the company number of CIRCOLO ITALIANO?
The company number of CIRCOLO ITALIANO is 0899.405.576. The VAT number is the same number with BE in front: BE 0899.405.576.
Where is CIRCOLO ITALIANO based?
The registered office is at Oude Baan(E) 163, 3630 Maasmechelen.Company details
What does CIRCOLO ITALIANO do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of CIRCOLO ITALIANO?
The legal form of CIRCOLO ITALIANO is Private limited company (BV).
When was CIRCOLO ITALIANO founded?
CIRCOLO ITALIANO was founded on 10-07-2008.
Is CIRCOLO ITALIANO still active?
Yes, CIRCOLO ITALIANO is an active enterprise in the KBO register.
What is the turnover of CIRCOLO ITALIANO?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €23,288 and 103 comparable companies (NACE 56301). It probably lies between €120,000 and €520,000. It is a rough estimate.Financials
Is CIRCOLO ITALIANO profitable?
In financial year 2025, CIRCOLO ITALIANO made a profit of €9,808.
Where can I find the annual accounts of CIRCOLO ITALIANO?
CIRCOLO ITALIANO filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CIRCOLO ITALIANO due?
CIRCOLO ITALIANO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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