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CSM CIAO ITALIA

Active
Private limited companyfounded 1994active for 32 yearsMathieu de Layensplein 2, 3000 Leuven, BelgiumKBO/BCE: BE 0452.431.556

From the official registers: KBO 32 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CSM CIAO ITALIA has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,813 and a net result of €27,846. Equity has been growing by about 36% per year since 2018. Its solvency ranks better than 80% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 25-04-1994 Normal situation
Activity
Full-service restaurants NACE 56111and 1 other
Establishment unit
2.067.113.253 3000 Leuven, since 10-06-1994
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€128,637
▲ 28.9%
Turnover
≈ €370,000
estimated
Profit
€27,846
▲ 32.4%
Equity
€85,813
▲ 48.0%
Total assets
€133,051
▲ 43.5%
Staff
2 FTE
▲ 33.3%
Filed on 28-09-2026, 59 days after the deadlineat the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 59 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.08, cash €56,800Founded in 1994Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 89+1
equity 64.5% of total assets
Liquidity 88+12
short-term debt 28.8% · cash 42.7%
Profitability 95-2
return on assets 20.9%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.2 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.08 (1.43 in 2024), above the usual 1.5. Short-term debt is 28.8% and cash 42.7% of total assets. 35.5% 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 80% of them on solvency, 90% on liquidity, 83% on profitability and 80% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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 risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 2.08, cash €56,800
NBB · annual accounts
raises risk · Last filed accounts filed 59 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 10 filings
Deviation from the deadline
2025
59 days late
2024
22 days early
2023
30 days late
2022
24 days early
2021
2 days early
2020
5 days late
2019
17 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 9 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 29 July (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: 7 profitable years in a rowprofit 2025: €27,846 7 years View

Comparable companies

These companies have the same main activity as CSM CIAO ITALIA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €137,000 and €147,000, founded between 1992 and 1996.

CompanyTotal assetsGross margin
CSM CIAO ITALIA Leuven€133,051€128,637
De Zwaan Aarschot€140,578€127,357
DE GULDEN COPPE Hoogstraten€138,483€132,482
KASTEEL FRUITHOF - RESTAURANT ONZEA Boechout€136,633€115,379
PATCHWORK - LE PATCH Verviers€138,616€117,725
LA COTE DE BEAUNE Ukkel€137,247€112,264
't Lopend Vuurtje Zoersel€146,944€140,004
Full comparison

Documents

Annual accounts at the NBB

All 32 annual accounts

Articles and registers

Key facts about CSM CIAO ITALIA

What is the company number of CSM CIAO ITALIA?
The company number of CSM CIAO ITALIA is 0452.431.556. The VAT number is the same number with BE in front: BE 0452.431.556.
Where is CSM CIAO ITALIA based?
The registered office is at Mathieu de Layensplein 2, 3000 Leuven.Company details
What does CSM CIAO ITALIA do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of CSM CIAO ITALIA?
The legal form of CSM CIAO ITALIA is Private limited company (BV).
When was CSM CIAO ITALIA founded?
CSM CIAO ITALIA was founded on 25-04-1994.
Is CSM CIAO ITALIA still active?
Yes, CSM CIAO ITALIA is an active enterprise in the KBO register.
How many employees does CSM CIAO ITALIA have?
CSM CIAO ITALIA had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CSM CIAO ITALIA?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €128,637 and 86 comparable companies (NACE 56111). It probably lies between €310,000 and €450,000.
Is CSM CIAO ITALIA profitable?
In financial year 2025, CSM CIAO ITALIA made a profit of €27,846.
Where can I find the annual accounts of CSM CIAO ITALIA?
CSM CIAO ITALIA filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of CSM CIAO ITALIA due?
CSM CIAO ITALIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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