Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The micro format states no turnover.
Of this, €82,601 falls due within a year.
Green is investment, beige is depreciation.
Four of the last ten came late. The 2019 accounts came latest: 105 days after the end of the period.
Higher net result than 91% of companies in personal services. Sector median €2,556 · 6,270 companies.
In July 2024, 3,633 companies had the same profile as PIZZARELLI has now. Each dot stands for 10 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,633 companies, not a prediction for PIZZARELLI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| PIZZARELLI Etterbeek | €68,656 | €56,724 | -20.5% | - |
| A.G.E GROUP Schaerbeek | €74,296 | €59,463 | 51.9% | - |
| A.WASH Uccle | €70,207 | €34,147 | -103.0% | - |
| MAISON LEYSSENS Woluwe-Saint-Lambert | €100,683 | €62,037 | 20.5% | - |
| IN DE GEBRADEN KIP Ypres | €63,883 | €40,699 | -85.3% | - |
| MARIA'S FRESH WASH Asse | €78,969 | €48,207 | 83.2% | - |
| NETT-EXPRESS CHATELET Châtelet | €74,700 | €58,969 | 68.0% | - |
These companies have the same main activity as PIZZARELLI: launderettes and laundries for private customers (NACE 96102). They are comparable in size and age: total assets between €63,900 and €101,000, founded between 2003 and 2011.
PIZZARELLI files the micro format. That format states no turnover. The gross margin rose from -€396 in 2007 to €56,724 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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