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PIZZAMINA

Active
Private limited companyfounded 20214 yrs activeKBO/BCE: BE 0775.540.536
Summary

The computed 12-month bankruptcy probability of PIZZAMINA is 10.2% (high). The 2024 annual accounts show equity of €151,852 and a net result of €132,937. Equity is growing by ~369.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 18940 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
44 / 100
Weak
A high bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+15
Solvency87▲+10
Growth78▲+3
Track record86
Bankruptcy probability, 12 months
10.2% High
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.65 against 2.09 in 2023; short-term debt: 37.7% of total assets), and 37.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
104 d late
2022
346 d 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 140 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 9 October 2021, PIZZAMINA was incorporated as a Private limited company.1 In 2026 the registered office moved to Watermael-Boitsfort.2 Total assets went from EUR 12,000 in 2022 to EUR 243,775 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 09-07-2026
  3. 3National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€262,082
EBIT margin
65.1%
Net result
€132,937▲ 1,822%
2023 · €6,915
Working capital
€151,852▲ 703%
2023 · €18,915
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Turnover€262,082
Operating result€8,644€170,583▲ 1,874%
Net result€6,915within the sector's middle half€132,937above the sector's middle half▲ 1,822%
EBIT margin65.1%
Equity€12,000within the sector's middle half-€18,915within the sector's middle half▲ 57.6%€151,852above the sector's middle half▲ 703%
Total assets€12,000below the sector's middle half-€36,238below the sector's middle half▲ 202%€243,775above the sector's middle half▲ 573%
Debt€17,323€91,923▲ 431%
Working capital€18,915within the sector's middle half€151,852above the sector's middle half▲ 703%
Solvency100.0%above the sector's middle half-52.2%within the sector's middle half▼ 47.8pp62.3%above the sector's middle half▲ 10.1pp
Current ratio2.09above the sector's middle half2.65above the sector's middle half▲ 0.56
Return on assets (ROA)19.1%above the sector's middle half54.5%above the sector's middle half▲ 35.5pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2023: €8,644€8,644Net result 2023: €6,915€6,915Operating result 2024: €170,583€170,583Net result 2024: €132,937€132,937202220232024€0€50,000€100,000€150,000Operating result 2023: €8,644€8,640Net result 2023: €6,915€6,910Operating result 2024: €170,583€171,000Net result 2024: €132,937€133,000202220232024
The operating result rises in 2024; 2024 is 1,874% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €243,775
Equity €151,852 ▲ 703%
Debt €91,923 ▲ 431%
Debt's share of the balance-sheet total falls from 47.8% to 37.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.61▼
2023 · 0.92
ROE
87.5%▲
2023 · 36.6%
Debt ≤ 1 year
€91,923▲
2023 · €17,323
Income taxes
€37,646▲
2023 · €1,729
Staff costs
€16,992
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 10.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€36,238€243,775▲
Current assets29/58€36,238€243,775▲
Amounts receivable within one year40/41€36,238€243,775▲
Other amounts receivable41€36,238€243,775▲
Equity and liabilities
Total equity and liabilities10/49€36,238€243,775▲
Equity10/15€18,915€151,852▲
Contributions10/11€12,000€12,000=
Profit (loss) carried forward14€6,915€139,852▲
Amounts payable17/49€17,323€91,923▲
Amounts payable within one year42/48€17,323€91,923▲
Trade debts44-€3,327
Suppliers440/4-€3,327
Taxes, remuneration and social security45€5,323€58,047▲
Taxes450/3€5,323€54,721▲
Remuneration and social security454/9-€3,326
Other amounts payable47/48€12,000€30,549▲
Income statement Code20232024
Turnover70-€262,082
Goods, raw materials, services and sundry goods60/61-€82,963
Remuneration, social security and pensions62-€16,992
Gross operating margin9900€8,644€187,575▲
Operating profit (loss)9901€8,644€170,583▲
Profit (loss) for the period before taxes9903€8,644€170,583▲
Income taxes67/77€1,729€37,646▲
Profit (loss) for the period9904€6,915€132,937▲
Profit (loss) for the period to be appropriated9905€6,915€132,937▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,915€139,852▲
Profit (loss) brought forward from the previous period14P-€6,915

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Turnover70--€262,082-
Goods, raw materials, services and sundry goods60/61--€82,963-
Remuneration, social security and pensions62--€16,992-
Gross operating margin9900-€8,644€187,575▲ 2,070%
Operating profit (loss)9901-€8,644€170,583▲ 1,874%
Profit (loss) for the period before taxes9903-€8,644€170,583▲ 1,874%
Income taxes67/77-€1,729€37,646▲ 2,078%
Profit (loss) for the period9904-€6,915€132,937▲ 1,822%
Profit (loss) for the period to be appropriated9905-€6,915€132,937▲ 1,822%
Line202220232024Change
Assets
Total assets20/58€12,000€36,238€243,775▲ 573%
Current assets29/58€12,000€36,238€243,775▲ 573%
Amounts receivable within one year40/41€12,000€36,238€243,775▲ 573%
Other amounts receivable41€12,000€36,238€243,775▲ 573%
Equity and liabilities
Total equity and liabilities10/49€12,000€36,238€243,775▲ 573%
Equity10/15€12,000€18,915€151,852▲ 703%
Contributions10/11€12,000€12,000€12,000=
Profit (loss) carried forward14-€6,915€139,852▲ 1,922%
Amounts payable17/49-€17,323€91,923▲ 431%
Amounts payable within one year42/48-€17,323€91,923▲ 431%
Trade debts44--€3,327-
Suppliers440/4--€3,327-
Taxes, remuneration and social security45-€5,323€58,047▲ 991%
Taxes450/3-€5,323€54,721▲ 928%
Remuneration and social security454/9--€3,326-
Other amounts payable47/48-€12,000€30,549▲ 155%
Line202220232024Change
Profit (loss) for the period9904-€6,915€132,937▲ 1,822%
Operating cash flow (approximation)-€6,915€132,937▲ 1,822%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-09
KBO administration Address struck
event 23-07-2026
09-07
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 01-06-2026
  • Registered-office move, Avenue des Gerfauts 10 Boîte 34: 1170 Watermael-Boitsfort
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150,000Eq €151,852 ▲703%
2 profitable years in a row build equity to €151,852.
12-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 346 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
398 m²
Volume, LiDAR
14,689 m³
Parcel 21017D0214/00F000, Brussels · tallest building 40.7 m, ±12 floors. Linked by address, not a title deed.
321 companies at this address See who is registered here
1 establishment unit
S-Kitchen
Giervalkenlaan 10, 1170 Watermaal-BosvoordeLimited-service restaurants
since 20232.344.381.221
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21017D0214/00F000 Brussels 1.4 ha 1 · 398 m² 40.7 m · 12 fl.
Linked by address, not proof of ownership
Good to know
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
Watermaal-Bosvoorde2.344.381.221
1 permission
Toelating · Eetgelegenheid · since 14-05-2024

Similar companies · same sector, comparable size

Of 21,859 companies in sector 56112 we hold annual accounts for 9,783. 7,252 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.