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CULICONSULT

Active
Private limited companyfounded 200818 yrs activeHundelgemsesteenweg 588A, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0896.077.288
Summary

The computed 12-month bankruptcy probability of CULICONSULT is 5.9% (elevated). The 2024 annual accounts show negative equity (-€87,195) and a net result of -€26,790. Its solvency ranks better than 23% of 18968 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
CULICONSULTActiveChecked score 35/100
Risk analysis ReportCompare

Overview

Activity
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101Event catering NACE 56210
1 site
Size
€778,877total assets 2024
Staff
3.9 FTE
Equity
-€87,195
Loss
-€26,790
Turnover not published (abridged schema)
Financial health
35 Weak Checked score 2024
Bankruptcy chance 12 m
5.9%
Structure
Board
2 members
Accounts 65 d overdue1 of 3 deeds read
Why 35- Figures for FY 2023 (filed 26-07-2024)- 1 financial year not filed after the legal deadline; latest accounts 153 days late; 1 of the last 3 late- Sector Food and beverage service activities (NACE 56)+ Size: total assets €848,959Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 27% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 14-4
equity -11.2% of total assets
Liquidity 42-5
short-term debt 29.6% · cash 3.4%
Profitability 45+1
return on assets -3.4%
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)
Last 24 months 11-2024: 0.8%lowest value 12-2024: 0.8%● 0.0% vs 11-2024lowest value 01-2025: 0.8%● 0.0% vs 12-2024lowest value 02-2025: 0.8%▲ +3.2% vs 01-2025 03-2025: 0.8%● 0.0% vs 02-2025 04-2025: 0.9%▲ +2.4% vs 03-2025 05-2025: 0.8%▼ -0.5% vs 04-2025 06-2025: 0.9%▲ +3.8% vs 05-2025 07-2025: 1.1%▲ +21.9% vs 06-2025 08-2025: 1.4%▲ +32.8% vs 07-2025 09-2025: 1.7%▲ +22.4% vs 08-2025 10-2025: 2.2%▲ +26.8% vs 09-2025 11-2025: 2.4%▲ +7.8% vs 10-2025 12-2025: 2.8%▲ +16.9% vs 11-2025 01-2026: 5.3%▲ +89.1% vs 12-2025 02-2026: 5.3%● 0.0% vs 01-2026 03-2026: 5.3%▲ +1.1% vs 02-2026 04-2026: 4.8%▼ -9.0% vs 03-2026 05-2026: 4.8%● 0.0% vs 04-2026 06-2026: 5.0%▲ +2.6% vs 05-2026 07-2026: 5.0%● 0.0% vs 06-2026 08-2026: 5.9%▲ +18.1% vs 07-2026highest value 09-2026: 5.9%● 0.0% vs 08-2026highest value 10-2026: 5.9%● 0.0% vs 09-2026highest value
  • Figures for FY 2023 (filed 26-07-2024) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 153 days late; 1 of the last 3 late raises the probability
  • Size: total assets €848,959 lowers the probability for this profile
  • Sector Food and beverage service activities (NACE 56) raises the probability
No credit on open account
Liquidity short (current ratio 0.18 against 0.23 in 2023; short-term debt: 29.6% and cash: 3.4% 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 22%, liquidity 37%, profitability 33%, growth against the median 17%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Figures for FY 2023 (filed 26-07-2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 153 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €848,959
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€87,195
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
153 d late
2023
5 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 74 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)
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
  1. Appointments: CELEN Davy (non-statutory director) and…Legal-form conversion · Statutes amendment…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€87,195 View
  • Caution: Among the weakest 7% on equitysector median €27,519 · 19,009 companies -€87,195 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • New directorslatest change 02-06-2026 · 2 in office 2 joined View

By topic

Financials

Fiscal year
2024
Total assets
€778,877
Loss
-€26,790
Solvency
-11.2%
Total assets▼ 8.3%
Net result
20232024
Go to Financials

Timeline

Events
3
Since
2024
  1. 02-06-2026Appointments: CELEN Davy (non-statutory director) and VAN…
  2. 31-12-2025Annual accounts filed
  3. 26-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
28-02-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
29
Who signs
Each director alone
Purpose
Het uitbaten van een mobiel restaurant, bistro- en traiteurszaak, met name het verzorgen…
Go to Articles of association

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 What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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