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IL BASILICO

Active
Private limited company (pre-2019)founded 20179 years activeAlbert I Laan(Odk) 93, 8670 Koksijde, BelgiumKBO/BCE: BE 0673.499.506
Summary

The computed 12-month bankruptcy probability of IL BASILICO is 4.2% (elevated). The 2024 annual accounts show equity of €109,940 and a net result of €57,438. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€992,916total assets 2024
Staff
2.1 FTE
Equity
€109,940
Profit
€57,438
Turnover not published (abridged schema)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.2%
Structure
Accounts 69 days overdue0 of 1 deed read
Why 49- Figures for FY 2024 (filed 26-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 86 days late; 3 of the last 3 late- Sector Food and beverage service activities (NACE 56)+ Size: total assets €992,916Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 58% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Average
Solvency 36+6
equity 11.1% of total assets
Liquidity 53+12
short-term debt 17.9% · cash 6.5%
Profitability 72+45
return on assets 5.8%
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,697 companies)
Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 2.4%▼ -0.1 percentage points vs 12-2024 02-2025: 2.5%▲ +0.1 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.6%▲ +0.1 percentage points vs 03-2025 05-2025: 2.3%▼ -0.3 percentage points vs 04-2025 06-2025: 2.5%▲ +0.2 percentage points vs 05-2025 07-2025: 2.5%● unchanged vs 06-2025 08-2025: 2.6%▲ +0.1 percentage points vs 07-2025 09-2025: 3.1%▲ +0.5 percentage points vs 08-2025 10-2025: 4.6%▲ +1.5 percentage points vs 09-2025highest value 11-2025: 2.0%▼ -2.6 percentage points vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025lowest value 02-2026: 2.0%● unchanged vs 01-2026lowest value 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 2.1%▲ +0.1 percentage points vs 04-2026 06-2026: 2.2%▲ +0.1 percentage points vs 05-2026 07-2026: 2.4%▲ +0.2 percentage points vs 06-2026 08-2026: 2.6%▲ +0.2 percentage points vs 07-2026 09-2026: 3.0%▲ +0.4 percentage points vs 08-2026 10-2026: 4.2%▲ +1.2 percentage points vs 09-2026
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.34 against 1.3 in 2023; short-term debt: 17.9% and cash: 6.5% of total assets), and 88.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 34% on solvency, 56% on liquidity, 52% on profitability and 90% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 26-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 86 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €992,916
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-10-2025, 86 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
86 days late
2023
38 days late
2022
78 days late
2021
88 days late
2020
27 days late
2019
117 days 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 72 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
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €57,438
  3. Equity above €100,000Eq €109,940 ▲109%

Key points

  • Positive: Equity rose in 2024from €52,502 to €109,940 ▲ 109% View
  • Positive: Among the best 9% on net resultsector median €5,296 · 18,950 companies €57,438 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View

By topic

Financials

Fiscal year
2024
Total assets
€992,916
Profit
€57,438
Solvency
11.1%
Total assets▼ 13.7%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2018
  1. 07-09-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 17-10-2023Annual 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
24-03-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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