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GROUP SIU

Active
Private limited company (pre-2019)founded 20179 yrs activeDolfijnkaai(Kor) 12, 8500 Kortrijk, BelgiumKBO/BCE: BE 0677.648.532
Summary

The computed 12-month bankruptcy probability of GROUP SIU is 2.4% (moderate). The 2025 annual accounts show negative equity (-€22,923) and a net result of €32,645. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 4059 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101
1 site
How big
€343,198turnover 2025
Staff
0.6 FTE
Equity
-€22,923
Profit
€32,645
Financially healthy?
53 Fair Checked score 2025
Bankruptcy chance 12 m
2.4%
Who decides
Accounts 15 d early0 of 4 deeds read
Why 53- Negative equity -€22,923- Sector Food and beverage service activities (NACE 56)+ Size: turnover €343,198, 0.6 FTE, total assets €673,432+ Figures for FY 2025 (filed 16-07-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 51% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 22+4
equity -3.4% of total assets
Liquidity 50+4
short-term debt 16.0% · cash 2.8%
Profitability 72+31
return on assets 4.8%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,449 companies)
Last 3 months 08-2026: 2.4%highest value 09-2026: 2.4%● 0.0% vs 08-2026highest value 10-2026: 2.4%● 0.0% vs 09-2026highest value
  • Negative equity -€22,923 raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Size: turnover €343,198, 0.6 FTE, total assets €673,432 lowers the probability for this profile
  • Figures for FY 2025 (filed 16-07-2026) lowers the probability
No credit on open account
Liquidity short (current ratio 0.47 against 0.35 in 2024; short-term debt: 16% and cash: 2.8% 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 24%, liquidity 46%, profitability 52%, growth against the median 83%. 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.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€22,923
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
lowers risk · Size: turnover €343,198, 0.6 FTE, total assets €673,432
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 16-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 4059 sector peers (2025).
NBB · sector comparison
Position among 4059 sector peers
Solvency
better than 21%
← weakest strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
15 d early
2024
31 d early
2023
32 d early
2022
20 d early
2021
27 d early
2020
32 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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 2025 · abbreviated…
  2. Back to profitnet €32,645
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€22,923 View
  • Caution: Among the weakest 17% on equitysector median €84,525 · 4,060 companies -€22,923 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Turnover
€343,198
Profit
€32,645
Solvency
-3.4%
Go to Financials

Timeline

Events
12
Since
2019
Next accounts
by 31-07-2027
  1. 16-07-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Full-service restaurantsNACE 56111
Founded
28-06-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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