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PITTA MUSA

Active
Private limited companyfounded 200917 yrs activeKartuizerlaan 2, 9000 Gent, BelgiumKBO/BCE: BE 0809.959.403
Summary

The computed 12-month bankruptcy probability of PITTA MUSA is 2.8% (moderate). The 2024 annual accounts show equity of €192,420 and a net result of €51,439. Equity is growing by ~69.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 18932 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€355,785total assets 2024
Staff
0.7 FTE
Equity
€192,420
Profit
€51,439
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy chance 12 m
2.8%
Structure
Accounts 65 d overdue0 of 9 deeds read
Why 53- 1 financial year not filed after the legal deadline; latest accounts 266 days late; 3 of the last 3 late- Figures for FY 2024 (filed 24-04-2026)- Sector Food and beverage service activities (NACE 56)+ Founded in 2009Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 76% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 79-12
equity 54.1% of total assets
Liquidity 79-11
short-term debt 43.4% · cash 39.8%
Profitability 87-9
return on assets 14.5%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.3%▼ -13.0% vs 12-2024 02-2025: 0.3%▲ +4.9% vs 01-2025 03-2025: 0.3%▼ -1.2% vs 02-2025 04-2025: 0.3%▼ -2.1% vs 03-2025 05-2025: 0.3%▼ -3.6% vs 04-2025lowest value 06-2025: 0.3%▲ +1.6% vs 05-2025 07-2025: 0.3%▼ -1.2% vs 06-2025 08-2025: 0.4%▲ +36.8% vs 07-2025 09-2025: 0.5%▲ +14.1% vs 08-2025 10-2025: 0.7%▲ +38.5% vs 09-2025 11-2025: 0.7%▲ +6.9% vs 10-2025 12-2025: 1.2%▲ +60.9% vs 11-2025 01-2026: 2.4%▲ +103% vs 12-2025 02-2026: 2.4%● 0.0% vs 01-2026 03-2026: 2.6%▲ +7.2% vs 02-2026 04-2026: 2.4%▼ -8.5% vs 03-2026 05-2026: 1.7%▼ -28.5% vs 04-2026 06-2026: 1.6%▼ -5.5% vs 05-2026 07-2026: 1.6%▼ -0.9% vs 06-2026 08-2026: 1.8%▲ +15.5% vs 07-2026 09-2026: 2.1%▲ +11.7% vs 08-2026 10-2026: 2.8%▲ +35.4% vs 09-2026highest value
  • 1 financial year not filed after the legal deadline; latest accounts 266 days late; 3 of the last 3 late raises the probability
  • Founded in 2009 lowers the probability for this profile
  • Figures for FY 2024 (filed 24-04-2026) raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
Credit up to €10,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.0 against 2.98 in 2023; short-term debt: 43.4% and cash: 39.8% of total assets), and 45.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 71%, liquidity 82%, profitability 75%, growth against the median 76%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 266 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 2009
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Figures for FY 2024 (filed 24-04-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-04-2026, 266 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
266 d late
2023
65 d late
2022
60 d late
2021
30 d early
2020
12 d late
2019
17 d 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 65 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
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2018net €51,439 ▲10.6%
  3. Equity above €150,000Eq €192,420 ▲36.5%

Key points

  • Positive: Among the best 10% on equitysector median €27,536 · 18,972 companies €192,420 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Positive: Equity rose in 2024from €140,980 to €192,420 ▲ 36.5% View
  • Positive: 5 profitable years in a rowprofit 2024: €51,439 5 years View

By topic

Financials

Fiscal year
2024
Total assets
€355,785
Profit
€51,439
Solvency
54.1%
Total assets▲ 65.6%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 23-04-2026Annual accounts filed
  2. 31-12-2024Highest result since 2018
  3. 31-12-2024Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
20-02-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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