Active BE 0896.608.711Private limited companyOpen bankruptcy

I PICCIOTTI

Waterloosesteenweg 790 ·1180 Ukkel, Belgium· 18 yrs active

Conclusion Checked

A bankruptcy procedure is open for I PICCIOTTI according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €2k and a net result of €-23k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€2k
Net result	€-23k
Active	18 yrs
Board	1

Financial profile 5 of 5 axes measured · computed by Checked

8 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 17

Growth 22

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · micro

RevenueOperating resultNet result

Revenue

€55k

-26.9% 18-23

EBITDA

€-16k

- 18-23

Net profit

€-23k

-613.9% 18-23

Cash flow

€-17k

-35159.3% 18-23

Total assets

€23k

-23.6% 18-23

Equity

€2k

-93.7% 18-23

Working capital

€698

-95.2% 18-23

Staff costs

€9k

- 18-23

Show 12 other metrics

Debt

€22k

+266.5% 18-23

Debt ≤ 1y

€14k

+129.7% 18-23

Debt > 1y

€8k

+332.2% 18-23

Current ratio

1.05

-69.6% 18-23

Quick ratio

0.33

-83.6% 18-23

Solvency

6.6%

-91.8% 18-23

Debt / equity

14.11

+5742.1% 18-23

ROE

-1493.8%

-11278.9% 18-23

ROA

-98.8%

-834.8% 18-23

Net margin

-16.6%

+6.5% 18-23

EBITDA margin

19.8%

+143.7% 18-23

Interest coverage

-31.47

- 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€-16k
Net profit	€-23k
Cash flow	€-17k
Staff costs	€9k
Income taxes	-
Dividends	-
Total assets	€23k
Equity	€2k
Debt	€22k
of which ≤ 1y	€14k
of which > 1y	€8k
Working capital	€698
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	1.05
Quick ratio	0.33
Working capital ratio	3.0%
Solvency	6.6%
Debt / equity	14.11
Long-term debt ratio	5.27
Interest coverage	-31.47
Gross margin	-
Net margin	-
ROA	-98.8%
ROE	-1493.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €9k · 38.5% Current assets €14k · 61.5%

Equity & liabilities

Equity €2k · 6.6% Debt €22k · 93.4%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€23k
Fixed assets	21/28	€9k
Tangible fixed assets	22/27	€6k
Financial fixed assets	28	€3k
Current assets	29/58	€14k
Stocks & contracts in progress	3	€10k
Cash & bank	54/58	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€23k
Equity	10/15	€2k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€-19k
Amounts payable	17/49	€22k
Amounts payable after one year	17	€8k
Amounts payable within one year	42/48	€14k
Trade debts payable within one year	44	€183
Income statement
Gross operating margin	9900	€-7k
Operating result	9901	€-23k
Financial charges	65	€511
Result before taxes	9903	€-23k
Net result for the period	9904	€-23k
Result to be appropriated	9905	€-23k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 3 directors

Current directors & mandates

Bhusal Himalaya
Director
State Gazette act 23328296 (30-03-2023)

Current
30-03-2023 → present

Former directors (2)

Francesco D'Agostino
Manager
State Gazette act 23328296 (30-03-2023)

Former
- → 30-03-2023
Santa Vigo
Manager
State Gazette act 23328296 (30-03-2023)

Former
- → 30-03-2023

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ALAIN G. VANDAMME BOULEVARD BRAND WHIT- LOCK 106, 1200 WOLUWE-SAINT-LAMBERT- alain.vandamme@law- vovan.be	16-06-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company(610)
Incorporation	20-03-2008
Status	Active
Postal code	1180
First BS signal	26-06-2025
Latest BS signal	26-06-2025

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21612C0087/00C002	Brussels	286 m²	1 · 122 m²	17.6 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

26-06-2025

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL I PICCIOTTI CHAUSSEE DE WATERLOO 790, 1180 UCCLE · event 16-06-2025

2024

30-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

28-11-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

30-03-2023

State Gazette act Director changes

Samuel WYNANT

2022

29-06-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

01-09-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

25-10-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

23-08-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

27-06-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

15-08-2017

NBB filing Annual accounts filed

fiscal year 2016 · micro

2016

30-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

2015

01-07-2015

NBB filing Annual accounts filed

fiscal year 2014 · volledig

Lifecycle & Insolvency Signals1 events

26-06-2025

Bankruptcy Opening

Date: 16-06-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL I PICCIOTTI CHAUSSEE DE WATERLOO 790, 1180 UCCLE · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2023

30-03-2023 1 director appointed, 2 resigning Director changes·Samuel WYNANT

Bhusal Himalaya, Bestuurder
Francesco D'Agostino, Zaakvoerder
Santa Vigo, Zaakvoerder

Notary: Samuel WYNANT · BruxellesFirm: Van Halteren, Notaires Associés

Original publication ↗

Technical details

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  },
  "act_meta": {
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameFR

I PICCIOTTI

Registered office

Waterloosesteenweg 790

1180 Ukkel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.