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PUZZLES COMPANY

Active
Private limited companyfounded 2024active for 2 yearsRue du Hautbois 1, 7000 Mons, BelgiumKBO/BCE: BE 1008.806.928
Summary

The computed 12-month bankruptcy probability of PUZZLES COMPANY is 5.4% (elevated). The 2024 annual accounts show equity of €18,029 and a net result of €8,029. Its solvency ranks better than 45% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

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PUZZLES COMPANYActiveChecked score 38/100
Risk analysis ReportCompare

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€76,141total assets 2024
Staff
1.5 FTE
Equity
€18,029
Profit
€8,029
Turnover not published (micro format)
Financial health
38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.4%
Structure
2024 accounts 3 days early
Why 38raises riskFigures for financial year 2024 (filed 28-07-2025)Founded in 2024Size: total assets €76,141Sector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 48% of its sector peers (NACE 56, micro)
Every signal that counts is listed under Signals.
Financial strength
Average
Solvency 49
equity 23.7% of total assets
Liquidity 35
short-term debt 69.8% · cash 17.8%
Profitability 82
return on assets 10.5%
Bankruptcy probability, 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,756 companies, NACE 56, micro)
Last 24 months 05-2025: 6.9% 06-2025: 6.9%● unchanged vs 05-2025 07-2025: 7.2%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 3.9%▼ -3.3 percentage points vs 07-2025 09-2025: 4.0%▲ +0.1 percentage points vs 08-2025 10-2025: 4.0%● unchanged vs 09-2025 11-2025: 4.0%● unchanged vs 10-2025 12-2025: 4.2%▲ +0.2 percentage points vs 11-2025 01-2026: 4.1%▼ -0.1 percentage points vs 12-2025 02-2026: 4.1%● unchanged vs 01-2026 03-2026: 4.1%● unchanged vs 02-2026 04-2026: 4.9%▲ +0.8 percentage points vs 03-2026 05-2026: 5.7%▲ +0.8 percentage points vs 04-2026 06-2026: 5.6%▼ -0.1 percentage points vs 05-2026 07-2026: 3.6%▼ -2.0 percentage points vs 06-2026lowest value 08-2026: 4.2%▲ +0.6 percentage points vs 07-2026 09-2026: 4.5%▲ +0.3 percentage points vs 08-2026 10-2026: 5.4%▲ +0.9 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.4, below 1; short-term debt: 69.8% and cash: 17.8% of total assets), and 76.3% 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 45% on solvency, 30% on liquidity and 68% on profitability.

The bankruptcy probability was computed on 24-10-2026 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

Five signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 28-07-2025)
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €76,141
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
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 28-07-2025, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 3 days before 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 (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Resignation: Frederic Guegan (director)Gazette deed
  3. Registered officeRegistered-office move · Director in…

Key points

  • One director decidessole director in office 1 View
  • Total assets 2024first financial year filed €76,141 View
  • Active since 2024founded 25-04-2024 2 years View

By topic

Financials

Financial year
2024
Total assets
€76,141
Profit
€8,029
Solvency
23.7%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
25-04-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
23
Who signs
Each director alone
Annual meeting
15 June at 17:00
Purpose
“Toutes activités en rapport direct ou indirect avec la restauration en général et le…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about PUZZLES COMPANY

What is the company number of PUZZLES COMPANY?
1008.806.928. In Belgium the VAT number is the company number with BE in front: BE 1008.806.928.
Where is PUZZLES COMPANY based?
The registered office is at Rue du Hautbois 1, 7000 Mons.Company details
What does PUZZLES COMPANY do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of PUZZLES COMPANY?
Private limited company (BV).
When was PUZZLES COMPANY founded?
On 25-04-2024.
Is PUZZLES COMPANY still active?
Yes, PUZZLES COMPANY is an active enterprise in the KBO register.
How many employees does PUZZLES COMPANY have?
On average 1.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of PUZZLES COMPANY?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PUZZLES COMPANY profitable?
In financial year 2024, PUZZLES COMPANY made a profit of €8,029.
Where can I find the annual accounts of PUZZLES COMPANY?
PUZZLES COMPANY filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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