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Pizza Carlo

Active
Private limited companyfounded 2022active for 4 yearsGolflaan 28, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0788.618.413

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Pizza Carlo is 2.8% (moderate). The annual accounts of Pizza Carlo for financial year 2025 show a net loss of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €375 and a net result of -€1,132. Equity is shrinking by about 629% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 27% of 16,925 sector peers (NACE 56, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Pizza CarloActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 14-07-2022 Normal situation
Legal form
Private limited company
Registered office
Golflaan 28, 9830 Sint-Martens-Latem
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Establishment unit
2.334.151.382 9830 Sint-Martens-Latem, since 14-07-2022
Financial year end
30 June
Peppol
Reachable since 23-03-2026
Company details

Who decides

Board
Board & ownership

How it is doing

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts to 30-06-2025
Gross margin
€85,115
▲ 19.3%
Turnover
≈ €310,000
estimated
Loss
€1,132
▼ 93.7%
Equity
€375
▼ 75.1%
Total assets
€30,849
▼ 32.5%
Staff
≈ 2 FTE
estimated
2025 accounts 1 day early
Filed on 30-01-2026PDF
Financials
Why 51raises riskSector: Food and beverage service activities (NACE 56)Founded in 2022Equity €375 (1.2% of total assets)lowers riskLiquidity: current ratio 1.39, cash €14,685Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 38% of its sector peers (NACE 56, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 26-2
equity 1.2% of total assets
Liquidity 66+6
short-term debt 65.2% · cash 47.6%
Profitability 64+64
return on assets -3.7%
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% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 5.2% 12-2024: 5.0%▼ -0.2 percentage points vs 11-2024 01-2025: 4.9%▼ -0.1 percentage points vs 12-2024 02-2025: 5.7%▲ +0.8 percentage points vs 01-2025highest value 03-2025: 4.4%▼ -1.3 percentage points vs 02-2025 04-2025: 4.4%● unchanged vs 03-2025 05-2025: 4.4%● unchanged vs 04-2025 06-2025: 4.4%● unchanged vs 05-2025 07-2025: 4.4%● unchanged vs 06-2025 08-2025: 4.4%● unchanged vs 07-2025 09-2025: 4.4%● unchanged vs 08-2025 10-2025: 4.5%▲ +0.1 percentage points vs 09-2025 11-2025: 4.5%● unchanged vs 10-2025 12-2025: 4.4%▼ -0.1 percentage points vs 11-2025 01-2026: 4.5%▲ +0.1 percentage points vs 12-2025 02-2026: 3.0%▼ -1.5 percentage points vs 01-2026 03-2026: 2.7%▼ -0.3 percentage points vs 02-2026 04-2026: 2.7%● unchanged vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 2.6%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 2.6%● unchanged vs 07-2026lowest value 09-2026: 2.6%● unchanged vs 08-2026 10-2026: 2.8%▲ +0.2 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.39, compared with 1.06 in 2024, below the usual 1.5; short-term debt: 65.2% and cash: 47.6% of total assets), and 98.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 27% on solvency, 70% on liquidity, 44% on profitability and 10% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.39, cash €14,685
NBB · annual accounts
raises risk · Equity €375 (1.2% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€1,132
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
1 day early
2024
24 days late
2023
145 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 56 days after the deadline; the sector median (NACE 56) for financial year 2024 is 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 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 February (3 of the last 3 filed years within 121 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€1,132 View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Pizza Carlo

What is the company number of Pizza Carlo?
0788.618.413. In Belgium the VAT number is the company number with BE in front: BE 0788.618.413.
Where is Pizza Carlo based?
The registered office is at Golflaan 28, 9830 Sint-Martens-Latem.Company details
What does Pizza Carlo 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 Pizza Carlo?
Private limited company (BV).
When was Pizza Carlo founded?
On 14-07-2022.
Is Pizza Carlo still active?
Yes, Pizza Carlo is an active enterprise in the KBO register.
How many employees does Pizza Carlo have?
On average 1.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Pizza Carlo?
≈ €310,000 in financial year 2025. Estimated from the gross margin of €85,115: probably between €230,000 and €380,000, based on 91 comparable companies, NACE 56112.
Is Pizza Carlo profitable?
In financial year 2025, Pizza Carlo made a loss of €1,132.
Where can I find the annual accounts of Pizza Carlo?
Pizza Carlo filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Pizza Carlo due?
By 31-01-2027, for financial year 2026.Timeline

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