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Parts & Labour

Active
Private limited companyfounded 2021active for 5 yearsKeizervest 49, 9000 Gent, BelgiumKBO/BCE: BE 0775.294.967
Summary

The computed 12-month bankruptcy probability of Parts & Labour is 1.5% (moderate). The 2025 annual accounts show equity of €10,003 and a net result of €11,003. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 37% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 05-10-2021 Normal situation
Activity
Event catering NACE 56210and 4 others
Establishment unit
2.322.898.788 9000 Gent, since 05-10-2021
Financial year end
30 September
Peppol
Reachable since 29-10-2024

Board and ownership

Board
  • Bonte MatthiasDirector · since 05-10-2021

Financial position

63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts to 30-09-2025
Gross margin
€29,781
▲ 39.2%
Turnover
≈ €150,000
estimated
Profit
€11,003
▲ 132%
Equity
€10,003
▼ 77.0%
Total assets
€65,932
▼ 15.2%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2021Equity €10,003 (15.2% of total assets)lowers riskLiquidity: current ratio 0.87, cash €35,904Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 48% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 40-41
equity 15.2% of total assets
Liquidity 64-18
short-term debt 68.3% · cash 54.5%
Profitability 90+14
return on assets 16.7%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.9%▲ +0.2 percentage points vs 12-2024 02-2025: 2.0%▲ +0.1 percentage points vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.1%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 1.5%▼ -0.6 percentage points vs 04-2025 06-2025: 1.2%▼ -0.3 percentage points vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025lowest value 11-2025: 1.2%● unchanged vs 10-2025lowest value 12-2025: 1.2%● unchanged vs 11-2025lowest value 01-2026: 1.3%▲ +0.1 percentage points vs 12-2025 02-2026: 1.5%▲ +0.2 percentage points vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.7%▲ +0.2 percentage points vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 1.7%● unchanged vs 07-2026 09-2026: 1.7%● unchanged vs 08-2026 10-2026: 1.5%▼ -0.2 percentage points vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.87 (2.78 in 2024), below 1. Short-term debt is 68.3% and cash 54.5% of total assets. 84.8% 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 37% of them on solvency, 68% on liquidity, 78% on profitability and 10% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.87, cash €35,904
NBB · annual accounts
raises risk · Equity €10,003 (15.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
37 days early
2024
29 days early
2023
1 day early
2022
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 19 days before 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 11 April (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Incorporation
All 6 events

Comparable companies

These companies have the same main activity as Parts & Labour: event catering (NACE 56210). They are comparable in size and age: total assets between €53,600 and €69,500, founded between 2021 and 2022.

CompanyTotal assetsGross margin
Parts & Labour Gent€65,932€29,781
AYRIM Heusden-Zolder€65,187€28,263
KOYOS Gembloux€69,481€28,606
KOOL COOKING Antwerpen€56,197€27,900
Traiteur Stassart Flémalle€57,632€29,705
ASK Food Quality Namur€53,619€31,283
P&O CONCEPT Awans€53,663€25,612
Full comparison

Key facts about Parts & Labour

What is the company number of Parts & Labour?
The company number of Parts & Labour is 0775.294.967. The VAT number is the same number with BE in front: BE 0775.294.967.
Where is Parts & Labour based?
The registered office is at Keizervest 49, 9000 Gent.Company details
What does Parts & Labour do?
According to the KBO register, the main activity is event catering (NACE 56210).
What is the legal form of Parts & Labour?
The legal form of Parts & Labour is Private limited company (BV).
When was Parts & Labour founded?
Parts & Labour was founded on 05-10-2021.
Is Parts & Labour still active?
Yes, Parts & Labour is an active enterprise in the KBO register.
What is the turnover of Parts & Labour?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €29,781 and 176 comparable companies (NACE 56). It probably lies between €110,000 and €200,000.Financials
Is Parts & Labour profitable?
In financial year 2025, Parts & Labour made a profit of €11,003.
Where can I find the annual accounts of Parts & Labour?
Parts & Labour filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Parts & Labour due?
Parts & Labour must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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