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G & E ONE FIVE ONE

Active
Private limited company (pre-2019)founded 201610 yrs activeWaverse Steenweg 145, 1050 Elsene, BelgiumKBO/BCE: BE 0655.688.425
Summary

The computed 12-month bankruptcy probability of G & E ONE FIVE ONE is 6.3% (elevated). The 2024 annual accounts show negative equity (-€56,404) and a net result of €3,576. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 16% of 18932 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56101Limited-service restaurants NACE 56102
1 site
Size
€143,803total assets 2024
Equity
-€56,404
Profit
€3,576
Turnover not published (abridged schema)
Financial health
34 Weak Checked score 2024
Bankruptcy chance 12 m
6.3%
Structure
Accounts 63 d overdue0 of 2 deeds read
Why 34- 1 financial year not filed after the legal deadline; latest accounts 60 days late; 2 of the last 3 late- Figures for FY 2024 (filed 06-10-2025)- Sector Food and beverage service activities (NACE 56)- Liquidity: current ratio 0.72, cash €4,706Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 24% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -39.2% of total assets
Liquidity 4+2
short-term debt 139.2% · cash 3.3%
Profitability 44+11
return on assets 2.5%
Bankruptcy probability, 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.9% (23,449 companies)
Last 20 months 03-2025: 5.3% 04-2025: 5.3%● 0.0% vs 03-2025 05-2025: 5.0%▼ -6.7% vs 04-2025 06-2025: 4.9%▼ -2.3% vs 05-2025 07-2025: 4.9%▲ +1.0% vs 06-2025 08-2025: 5.6%▲ +14.1% vs 07-2025 09-2025: 6.2%▲ +11.4% vs 08-2025 10-2025: 7.1%▲ +13.2% vs 09-2025highest value 11-2025: 4.4%▼ -37.4% vs 10-2025 12-2025: 4.4%● 0.0% vs 11-2025 01-2026: 4.4%▼ -1.7% vs 12-2025 02-2026: 4.4%● 0.0% vs 01-2026 03-2026: 4.2%▼ -2.9% vs 02-2026 04-2026: 4.2%● 0.0% vs 03-2026 05-2026: 4.1%▼ -2.8% vs 04-2026 06-2026: 4.0%▼ -2.4% vs 05-2026lowest value 07-2026: 4.1%▲ +1.1% vs 06-2026 08-2026: 4.6%▲ +13.9% vs 07-2026 09-2026: 5.1%▲ +9.4% vs 08-2026 10-2026: 6.3%▲ +24.3% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 60 days late; 2 of the last 3 late raises the probability
  • Figures for FY 2024 (filed 06-10-2025) raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Liquidity: current ratio 0.72, cash €4,706 raises the probability
No credit on open account
Liquidity short (current ratio 0.72 against 0.74 in 2023; short-term debt: 139.2% and cash: 3.3% 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 9%, liquidity 5%, profitability 33%, growth against the median 51%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.
+raises risk○neutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2024 (filed 06-10-2025)
In the bankruptcy model this factor raises the probability.
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 · Liquidity: current ratio 0.72, cash €4,706
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 18932 sector peers (2024).
NBB · sector comparison
Position among 18932 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
47 d late
2022
30 d late
2021
45 d late
2020
30 d late
2019
264 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 79 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. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €3,576
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€56,404 View
  • Caution: Among the weakest 10% on equitysector median €27,533 · 18,972 companies -€56,404 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View

By topic

Financials

Fiscal year
2024
Total assets
€143,803
Profit
€3,576
Solvency
-39.2%
Total assets▼ 17.4%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2018
  1. 29-09-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 16-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
26-05-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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