Pellazgian.AL

Active

Private limited companyfounded 201510 yrs activeClaessensstraat 71, 1020 Brussel, BelgiumKBO/BCE: BE 0639.806.753

The computed 12-month bankruptcy probability of Pellazgian.AL is 3.4% (moderate). The 2024 annual accounts show equity of €34k and a net result of €1k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 89% of 18944 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

68 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability72▼-24

Solvency100▲+16

Growth62▼-17

Track record100

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity ample (current ratio 4.05 against 2.31 in 2023; short-term debt: 22.8% and cash: 22.2% of total assets), and 22.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

77.2%

Return on assets

2.4%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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

61 d late

2023

31 d late

2022

56 d late

2021

44 d early

2020

114 d late

2019

285 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€277k▲ 40.7%

2020 · €197k

2019: €184k 2020: €197k

2019 → 2022

EBIT margin

2.3%▲ 3.2pp

2020 · -1.0%

2019: 3.0% 2020: -1.0%

2019 → 2022

Net result

€1k▼ 91.4%

2023 · €12k

2019: €5k 2020: €-2k 2021: €-17k 2022: €7k 2023: €12k

2019 → 2024

Working capital

€31k▲ 2.2%

2023 · €30k

2019: €19k 2020: €11k 2021: €24k 2022: €15k 2023: €30k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€197k-€277k

Equity€21k-€29k▲ 35.4%€19k▼ 34.4%€33k▲ 78.5%€34k▲ 3.2%

Operating result€-2k-€-16k▼ 743%€6k€14k▲ 126%€1k▼ 91.4%

Net result€-2k-€-17k▼ 748%€7k€12k▲ 74.9%€1k▼ 91.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 91% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €45k

92.4%

Fixed assets €3k▲ 13.4%

Current assets €41k▼ 23.0%

Equity and liabilities €45k

77.2%

22.8%

Equity €34k▲ 3.2%

Debt €10k▼ 56.1%

The debt ratio falls from 41.0% to 22.8%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€2k▼

2023 · €15k

Cash flow

€2k▼

2023 · €13k

Solvency

77.2%▲

2023 · 59.0%

Current ratio

4.05▲

2023 · 2.31

Quick ratio

3.73▲

2023 · 2.17

Debt / equity

0.30▼

2023 · 0.69

ROE

3.1%▼

2023 · 37.2%

ROA

2.4%▼

2023 · 22.0%

Interest coverage

15.27▼

2023 · 79.98

Debt

€10k▼

2023 · €23k

Debt ≤ 1 year

€10k▼

2023 · €23k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€57k€45k▼

Formation expenses20€0-

Fixed assets21/28€3k€3k▲

Intangible fixed assets21€3k€2k▼

Tangible fixed assets22/27€0€1k▲

Plant, machinery and equipment23-€1k

Furniture and vehicles24€0-

Current assets29/58€54k€41k▼

Stocks and contracts in progress3€3k€3k=

Stocks30/36€3k€3k=

Amounts receivable within one year40/41€17k€28k▲

Trade receivables40-€24k

Other amounts receivable41€17k€4k▼

Cash at bank and in hand54/58€33k€10k▼

Equity and liabilities

Total equity and liabilities10/49€57k€45k▼

Equity10/15€33k€34k▲

Contributions10/11€19k€19k=

Reserves13€1k€1k=

Non-distributable reserves130/1€1k€1k=

Reserves not available under the articles1311€1k€1k=

Profit (loss) carried forward14€13k€14k▲

Amounts payable17/49€23k€10k▼

Amounts payable within one year42/48€23k€10k▼

Trade debts44€15k-

Suppliers440/4€15k-

Taxes, remuneration and social security45€8k€10k▲

Taxes450/3€5k€5k=

Remuneration and social security454/9€3k€5k▲

Other amounts payable47/48€42-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲

Other operating charges640/8€7k€7k▲

Gross operating margin9900€22k€9k▼

Operating profit (loss)9901€14k€1k▼

Financial charges65/66B€191€159▼

Recurring financial charges65€191€159▼

Profit (loss) for the period before taxes9903€14k€1k▼

Income taxes67/77€2k-

Profit (loss) for the period9904€12k€1k▼

Profit (loss) for the period to be appropriated9905€12k€1k▼

Appropriation of the result

Profit (loss) to be appropriated9906€13k€14k▲

Profit (loss) brought forward from the previous period14P€920€13k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 3Filings 8

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

2024

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-12

Financial Highest result since 2019net €12k ▲74.9%

Operating result €14k, net result €12k, both a record.

25-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 56 days late

2022

31-12

Financial Back to profitnet €7k

Net result €7k after 2 loss-making years.

17-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Weakest financial yearnet €-17k

Net result drops to €-17k, the lowest in the series; recovery starts the following year.

22-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 114 days late

12-05

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 285 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Brussel · 1 establishment unit since 2015

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Claessensstraat 711020 Brussel

Ground area

86 m²

Building footprint

85 m²

Volume, LiDAR

1,149 m³

Parcel 21815D0277/00M002, Brussels · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Bar Claessens

Claessensstraat 71, 1020 BrusselCafés and bars

since 20152.246.236.126

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21815D0277/00M002	Brussels	86 m²	1 · 85 m²	15.8 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

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

Recognitions · licences · registrations

Food safety, FASFC

1 site

Brussel2.246.236.126

1 permission

Drankgelegenheid · since 14-10-2015

Similar companies · same sector, comparable size

ROBIN’S & Co

BE 0721.776.307

Fontaine-l'Evêque · Eq €34k

Merelbeke-Melle · Eq €34k

Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,442 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-10-2015

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.