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Courgetti

Active
Private limited companyfounded 20242 yrs activeBruggesteenweg 65, 8760 Tielt, BelgiumKBO/BCE: BE 1010.732.278
Summary

The computed 12-month bankruptcy probability of Courgetti is 5.9% (elevated). The 2025 annual accounts show negative equity (-€21,935) and a net result of -€24,935. Its solvency ranks better than 21% of 13560 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability2
Solvency13
Growth-
Track record67
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26; short-term debt: 111.8% and cash: 19.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-11.8%
Return on assets
-13.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
11 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Courgetti was incorporated on 25 June 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€21,935
Total assets
€186,437
Net result
-€24,935
Working capital
-€154,105

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €186,437
Fixed assets €132,170
Current assets €54,267
Key figures and ratios
2025 value
EBITDA
-€9,238
Cash flow
-€9,938
Solvency
-11.8%
Current ratio
0.26
Quick ratio
0.23
Debt to equity
-9.50
ROA
-13.4%
Interest coverage
-12.35
Debt
€208,372
Debt ≤ 1 year
€208,372

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€186,437
Fixed assets21/28€132,170
Intangible fixed assets21€704
Tangible fixed assets22/27€131,465
Plant, machinery and equipment23€68,880
Furniture and vehicles24€2,320
Other tangible fixed assets26€60,266
Current assets29/58€54,267
Stocks and contracts in progress3€7,350
Stocks30/36€7,350
Amounts receivable within one year40/41€11,321
Trade receivables40€11,276
Other amounts receivable41€45
Cash at bank and in hand54/58€35,597
Equity and liabilities
Total equity and liabilities10/49€186,437
Equity10/15-€21,935
Contributions10/11€3,000
Profit (loss) carried forward14-€24,935
Amounts payable17/49€208,372
Amounts payable within one year42/48€208,372
Trade debts44€18,089
Suppliers440/4€18,089
Advances received on contracts in progress46€496
Taxes, remuneration and social security45€1,731
Taxes450/3€106
Remuneration and social security454/9€1,625
Other amounts payable47/48€188,056
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,997
Other operating charges640/8€921
Gross operating margin9900-€8,317
Operating profit (loss)9901-€24,236
Financial income75/76B€49
Recurring financial income75€49
Financial charges65/66B€748
Recurring financial charges65€748
Profit (loss) for the period before taxes9903-€24,935
Profit (loss) for the period9904-€24,935
Profit (loss) for the period to be appropriated9905-€24,935
Appropriation of the result
Profit (loss) to be appropriated9906-€24,935

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,997
Other operating charges640/8€921
Gross operating margin9900-€8,317
Operating profit (loss)9901-€24,236
Financial income75/76B€49
Recurring financial income75€49
Financial charges65/66B€748
Recurring financial charges65€748
Profit (loss) for the period before taxes9903-€24,935
Profit (loss) for the period9904-€24,935
Profit (loss) for the period to be appropriated9905-€24,935
Line2025
Assets
Total assets20/58€186,437
Fixed assets21/28€132,170
Intangible fixed assets21€704
Tangible fixed assets22/27€131,465
Plant, machinery and equipment23€68,880
Furniture and vehicles24€2,320
Other tangible fixed assets26€60,266
Current assets29/58€54,267
Stocks and contracts in progress3€7,350
Stocks30/36€7,350
Amounts receivable within one year40/41€11,321
Trade receivables40€11,276
Other amounts receivable41€45
Cash at bank and in hand54/58€35,597
Equity and liabilities
Total equity and liabilities10/49€186,437
Equity10/15-€21,935
Contributions10/11€3,000
Profit (loss) carried forward14-€24,935
Amounts payable17/49€208,372
Amounts payable within one year42/48€208,372
Trade debts44€18,089
Suppliers440/4€18,089
Advances received on contracts in progress46€496
Taxes, remuneration and social security45€1,731
Taxes450/3€106
Remuneration and social security454/9€1,625
Other amounts payable47/48€188,056
Line2025
Profit (loss) for the period9904-€24,935
+ Depreciation and write-downs630€14,997
Operating cash flow (approximation)-€9,938

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
20-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Tielt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
716 m²
Building footprint
88 m²
Volume, LiDAR
304 m³
Parcel 37007F0007/00C002, Flanders · tallest building 3.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Courgetti
Bruggesteenweg 65, 8760 TieltEvent catering
since 20242.363.117.067
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37007F0007/00C002 Flanders 716 m² 1 · 88 m² 3.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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 site
Tielt2.363.117.067
1 permission
Toelating · Eetgelegenheid · since 24-01-2025

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,501 companies in sector 56210 we hold annual accounts for 2,448. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
46170Agents in the wholesale of food, beverages and tobacco
46190Agents in non-specialised wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010732278
Registered 12-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.