RESUL-23

Active

Private limited companyfounded 20224 yrs activeMolendries 25, 9300 Aalst, BelgiumKBO/BCE: BE 0779.671.746

Summary

The computed 12-month bankruptcy probability of RESUL-23 is 1.8% (moderate). The 2025 annual accounts show equity of €21,505 and a net result of -€2,895. Equity is shrinking by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 1770 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

RESUL-23ActiveChecked score 53/100

Risk analysis Report Compare

Activity

Artisanal bread and fresh pastry making

NACE 10712

1 site

Size

€109,866total assets 2025

Staff: 3.6 FTE
Equity: €21,505
Loss: -€2,895

Turnover not published (abridged schema)

Financial health

53 Fair Checked score 2025

Bankruptcy chance 12 m: 1.8%

Structure

Accounts 59 d early0 of 2 deeds read

Why 53- Sector Manufacture of food products (NACE 10)- Founded in 2022- Size: total assets €109,866+ Liquidity: current ratio 0.74, cash €24,610Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 31% of its sector peers (NACE 10, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 45-2

equity 19.6% of total assets

Liquidity 40+3

short-term debt 70.6% · cash 22.4%

Profitability 49-20

return on assets -2.6%

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,044 companies)

Last 24 months 11-2024: 3.9% 12-2024: 3.9%● 0.0% vs 11-2024 01-2025: 3.8%▼ -1.9% vs 12-2024 02-2025: 3.8%● 0.0% vs 01-2025 03-2025: 3.8%● 0.0% vs 02-2025 04-2025: 4.0%▲ +4.6% vs 03-2025 05-2025: 4.1%▲ +3.5% vs 04-2025highest value 06-2025: 4.1%▼ -0.5% vs 05-2025 07-2025: 3.1%▼ -23.8% vs 06-2025 08-2025: 3.1%● 0.0% vs 07-2025 09-2025: 2.5%▼ -21.7% vs 08-2025 10-2025: 2.4%▼ -1.4% vs 09-2025 11-2025: 2.4%● 0.0% vs 10-2025 12-2025: 2.4%● 0.0% vs 11-2025 01-2026: 2.3%▼ -7.0% vs 12-2025 02-2026: 2.2%▼ -1.7% vs 01-2026 03-2026: 2.2%● 0.0% vs 02-2026 04-2026: 2.4%▲ +7.8% vs 03-2026 05-2026: 2.6%▲ +7.0% vs 04-2026 06-2026: 2.7%▲ +4.1% vs 05-2026 07-2026: 1.8%▼ -30.7% vs 06-2026lowest value 08-2026: 1.8%● 0.0% vs 07-2026lowest value 09-2026: 1.8%● 0.0% vs 08-2026lowest value 10-2026: 1.8%● 0.0% vs 09-2026lowest value

Sector Manufacture of food products (NACE 10) raises the probability
Founded in 2022 raises the probability for this profile
Liquidity: current ratio 0.74, cash €24,610 lowers the probability
Size: total assets €109,866 raises the probability for this profile

Credit up to €1,000 at 30 days acceptable

Liquidity short (current ratio 0.74 against 0.62 in 2024; short-term debt: 70.6% and cash: 22.4% of total assets), and 80.4% 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 10, micro). Better than this share of them on solvency 36%, liquidity 32%, profitability 29%, growth against the median 26%. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Manufacture of food products (NACE 10)

In the bankruptcy model this factor raises the probability.

KBO

Founded in 2022

In the bankruptcy model this factor raises the probability for this profile.

KBO

Liquidity: current ratio 0.74, cash €24,610

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Size: total assets €109,866

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

59 d early

2024

35 d early

2023

57 d early

2022

52 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 June (4 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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

02-06-26 Annual accounts filedfiscal year 2025 · micro…
26-06-25 Annual accounts filedfiscal year 2024 · micro…
31-12-24 Back to profitnet €4,281

Key points

Positive: Always filed on timeaccounts within the deadline every year 4 years View
Total assets 20254 fiscal years filed €109,866 View
Active since 2022founded 04-01-2022 4 years View