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KWIZIEN PLUS

Active
Private limited company (pre-2019)founded 2002active for 24 yearsS. Declerckstraat(Odk) 13, 8670 Koksijde, BelgiumKBO/BCE: BE 0477.612.756

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

KWIZIEN PLUS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €159,418 and a net result of -€3,966. Equity has been growing by about 42% per year since 2018. Its solvency ranks better than 95% of 18,734 sector peers (NACE 56, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

KBO
Status
Active since 29-05-2002 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 4 others
Establishment unit
2.096.067.258 8670 Koksijde, since 12-06-2002
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Verstraete SandrinoDirector

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2024
Gross margin
-€5,970
▲ 21.7%
Loss
€3,966
▼ 41.9%
Equity
€159,418
▼ 2.4%
Total assets
€163,073
▼ 18.3%
Turnover not published (micro format)2025 accounts not filed, 93 days past the deadline
Filed on 22-12-2025PDF
Score breakdownraises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 144 days late; 3 of the last 3 accounts latelowers riskFounded in 2002Liquidity: current ratio 44.61, cash €56,173Equity €159,418 (97.8% of total assets)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 63% of micro companies in food and beverage service (NACE 56)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100=
equity 97.8% of total assets
Liquidity 93-2
short-term debt 2.2% · cash 34.4%
Profitability 31+2
return on assets -2.4%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.8%▲ +0.1 percentage points vs 10-2025 12-2025: 1.2%▲ +0.4 percentage points vs 11-2025highest value 01-2026: 0.7%▼ -0.5 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.2 percentage points vs 09-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 44.61 (5.51 in 2023), above the usual 1.5. Short-term debt is 2.2% and cash 34.4% of total assets. 2.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 94% of them on solvency, 93% on liquidity, 28% on profitability and 37% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 144 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 44.61, cash €56,173
NBB · annual accounts
lowers risk · Equity €159,418 (97.8% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€3,966
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 144 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
144 days late
2023
89 days late
2022
43 days late
2021
33 days early
2020
82 days early
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 42 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2024 -€3,966 View
  • Positive: Higher solvency than 95% of companies in food and beverage servicesector median 29.2% · 18,734 companies 97.8% View

Comparable companies

These companies have the same main activity as KWIZIEN PLUS: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €119,000 and €166,000, founded between 1995 and 2006.

CompanyTotal assetsGross margin
KWIZIEN PLUS Koksijde€163,073-€5,970
B D R Rixensart€141,626-€3,746
MAR-OL SPRL Brussel€148,691-€301
B & B HERPOEL Blankenberge€140,985-€6,805
FOOD EXPRESS SERVICES Oostende€165,546-€2,757
Bloom Oostende€119,029-€2,438
COLOR & MOI Aubange€158,202€153
Full comparison

Documents

Annual accounts at the NBB

All 22 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about KWIZIEN PLUS

What is the company number of KWIZIEN PLUS?
The company number of KWIZIEN PLUS is 0477.612.756. The VAT number is the same number with BE in front: BE 0477.612.756.
Where is KWIZIEN PLUS based?
The registered office is at S. Declerckstraat(Odk) 13, 8670 Koksijde.Company details
What does KWIZIEN PLUS do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of KWIZIEN PLUS?
The legal form of KWIZIEN PLUS is Private limited company (pre-2019) (BVBA).
When was KWIZIEN PLUS founded?
KWIZIEN PLUS was founded on 29-05-2002.
Is KWIZIEN PLUS still active?
Yes, KWIZIEN PLUS is an active enterprise in the KBO register.
What is the turnover of KWIZIEN PLUS?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is KWIZIEN PLUS profitable?
In financial year 2024, KWIZIEN PLUS made a loss of €3,966.
Where can I find the annual accounts of KWIZIEN PLUS?
KWIZIEN PLUS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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