PICCOLO PIAZZA
ActiveThe computed 12-month bankruptcy probability of PICCOLO PIAZZA is 3.2% (moderate). The 2025 annual accounts show equity of €121k and a net result of €35k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 13306 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+2
Solvency65▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.74 in 2024; short-term debt: 58% and cash: 31.2% of total assets), and 59.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.5%
Return on assets
11.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 7 filingsDeviation from the deadline
2025
30 d late
2024
57 d late
2023
61 d late
2022
60 d late
2021
73 d late
2020
87 d late
2019
108 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€121k▼ 22.5%
2024 · €156k
2019: €22k
2020: €89k
2021: €157k
2022: €182k
2023: €174k
2024: €156k
2019 → 2025
Total assets
€298k▼ 11.7%
2024 · €338k
2019: €169k
2020: €192k
2021: €282k
2022: €320k
2023: €322k
2024: €338k
2019 → 2025
Net result
€35k▲ 9.4%
2024 · €32k
2019: €10k
2020: €67k
2021: €62k
2022: €25k
2023: €-662
2024: €32k
2019 → 2025
Working capital
€77k▼ 42.7%
2024 · €135k
2019: €14k
2020: €76k
2021: €147k
2022: €149k
2023: €144k
2024: €135k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€182k▲ 16.0%€174k▼ 4.5%€156k▼ 10.4%€121k▼ 22.5%
Operating result€79k-€37k▼ 53.6%€5k▼ 87.5%€49k▲ 954%€50k▲ 2.1%
Net result€62k-€25k▼ 59.4%€-662€32k€35k▲ 9.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €298k
Fixed assets
€48k▲ 131%
Current assets
€250k▼ 21.1%
Equity and liabilities €298k
Equity
€121k▼ 22.5%
Debt
€178k▼ 2.5%
The debt ratio rises from 53.9% to 59.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€60k▼
2024 · €63k
Cash flow
€45k▼
2024 · €46k
Solvency
40.5%▼
2024 · 46.1%
Current ratio
1.45▼
2024 · 1.74
Quick ratio
1.37▼
2024 · 1.66
Debt / equity
1.47▲
2024 · 1.17
ROE
28.9%▲
2024 · 20.5%
ROA
11.7%▲
2024 · 9.4%
Interest coverage
9.36▼
2024 · 16.52
Debt
€178k▼
2024 · €182k
Debt ≤ 1 year
€173k▼
2024 · €182k
Debt > 1 year
€5k
Income taxes
€13k▲
2024 · €13k
Staff costs
€326k▲
2024 · €272k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€338k€298k▼
Fixed assets21/28€21k€48k▲
Tangible fixed assets22/27€21k€48k▲
Plant, machinery and equipment23€19k€45k▲
Furniture and vehicles24€2k€3k▲
Current assets29/58€317k€250k▼
Amounts receivable after more than one year29€120k€120k=
Other amounts receivable291€120k€120k=
Stocks and contracts in progress3€15k€14k▼
Stocks30/36€15k€14k▼
Amounts receivable within one year40/41€71k€24k▼
Trade receivables40€7k€7k▲
Other amounts receivable41€65k€16k▼
Cash at bank and in hand54/58€111k€93k▼
Deferred charges and accrued income490/1€74€99▲
Equity and liabilities
Total equity and liabilities10/49€338k€298k▼
Equity10/15€156k€121k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€137k€102k▼
Amounts payable17/49€182k€178k▼
Amounts payable after more than one year17-€5k
Financial debts170/4-€5k
Amounts payable within one year42/48€182k€173k▼
Trade debts44€48k€30k▼
Suppliers440/4€48k€30k▼
Taxes, remuneration and social security45€84k€73k▼
Taxes450/3€36k€34k▼
Remuneration and social security454/9€49k€39k▼
Other amounts payable47/48€50k€70k▲
Income statement
Code20242025
Remuneration, social security and pensions62€272k€326k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Other operating charges640/8€6k€11k▲
Non-recurring operating charges66A€497€0▼
Gross operating margin9900€342k€397k▲
Operating profit (loss)9901€49k€50k▲
Financial income75/76B€1€5k▲
Recurring financial income75€1€5k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€45k€48k▲
Income taxes67/77€13k€13k▲
Profit (loss) for the period9904€32k€35k▲
Profit (loss) for the period to be appropriated9905€32k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€187k€172k▼
Profit (loss) brought forward from the previous period14P€155k€137k▼
Profit to be distributed694/7€50k€70k▲
Return on contributions (dividend)694€50k€70k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-662 ▼103%
Net result drops to €-662, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Equity above €150kEq €157k ▲76.6%
3 profitable years in a row build equity to €157k.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Highest result since 2019net €67k ▲563%
Operating result €88k, net result €67k, both a record.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Stavelot · 1 establishment unit since 2019
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.
Petit Coo 84970 StavelotGround area
732 m²
Building footprint
198 m²
Volume, LiDAR
1,795 m³
Parcel 63073A0574/00N000, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PICCOLO PIAZZA
since 20192.284.467.190
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63073A0574/00N000 | Wallonia | 732 m² | 1 · 198 m² | 11.7 m · 3 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 siteStavelot2.284.467.190
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,351 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.
Contact details
3 entriesE-mail:truitegourmande@skynet.be
Phone:+32477209685
Phone:+3280684839