ROSSO4
ActiveSummary
The computed 12-month bankruptcy probability of ROSSO4 is 11.0% (high). The 2024 annual accounts show equity of €8,382 and a net result of €55,089. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 18940 sector peers (fiscal year 2024). The company has been active since 2020 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▲+100
Solvency33▲+33
Growth58▲+26
Track record86
Bankruptcy probability, 12 months
11.0%
High
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.99 against 0.51 in 2023; short-term debt: 83.1% and cash: 58.1% of total assets), and 91.7% of the assets are financed with debt.
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Signals
Seven 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.3%
Return on assets
54.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
86 d late
2022
31 d late
2021
78 d late
← 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 55 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 publicationsPublications
Address struck
History
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Financials · fiscal year 2024, micro schema
Turnover
€383,347
EBIT margin
2.0%
Net result
€55,089
2023 · -€26,882
Working capital
-€470▲ 99.4%
2023 · -€77,639
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
Line2021202220232024
Turnover€383,347-
Operating result€7,550--€37,572-€15,464▲ 58.8%€61,705
Net result€4,891within the sector's middle half--€48,716below the sector's middle half-€26,882below the sector's middle half▲ 44.8%€55,089above the sector's middle half
EBIT margin2.0%-
Equity€28,891within the sector's middle half--€19,825below the sector's middle half-€46,707below the sector's middle half▼ 136%€8,382within the sector's middle half
Total assets€95,208within the sector's middle half-€129,696within the sector's middle half▲ 36.2%€130,463within the sector's middle half▲ 0.6%€101,229within the sector's middle half▼ 22.4%
Debt€66,317-€149,521▲ 125%€177,171▲ 18.5%€92,847▼ 47.6%
Working capital-€22,629within the sector's middle half--€60,788below the sector's middle half▼ 169%-€77,639below the sector's middle half▼ 27.7%-€470within the sector's middle half▲ 99.4%
Solvency30.3%within the sector's middle half--15.3%below the sector's middle half▼ 45.6pp-35.8%below the sector's middle half▼ 20.5pp8.3%within the sector's middle half▲ 44.1pp
Current ratio0.66within the sector's middle half-0.51within the sector's middle half▼ 0.150.51within the sector's middle half=0.99within the sector's middle half▲ 0.49
Return on assets (ROA)5.1%within the sector's middle half--37.6%below the sector's middle half▼ 42.7pp-20.6%below the sector's middle half▲ 17.0pp54.4%above the sector's middle half▲ 75.0pp
Staff (FTE)6.5-8.1▲ 24.6%15.3▲ 88.9%6.4▼ 58.2%
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
The operating result returns to profit in 2024: €61,705 after a loss of €15,464 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €101,229
Fixed assets
€17,559 ▼ 65.1%
Current assets
€83,670 ▲ 4.3%
Equity and liabilities €101,229
Equity
€8,382
Debt
€92,847
Debt finances 91.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€66,287▲
2023 · -€2,015
Cash flow
€59,671▲
2023 · -€13,433
Quick ratio
0.97▲
2023 · 0.47
Debt to equity
11.08▲
2023 · -3.79
ROE
657.2%
Interest coverage
10.00▲
2023 · -0.18
Debt ≤ 1 year
€84,139▼
2023 · €157,834
Debt > 1 year
€8,695▼
2023 · €16,667
Staff costs
€78,209▼
2023 · €171,536
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 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
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 11.0% 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%.
| 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 2,151 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €383,347 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €40,173 | - |
| Goods, raw materials, services and sundry goods60/61 | €246,122 | - | - | - | - |
| Remuneration, social security and pensions62 | €127,432 | €184,140 | €171,536 | €78,209 | ▼ 54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,888 | €12,886 | €13,449 | €4,582 | ▼ 65.9% |
| Other operating charges640/8 | €855 | €1,342 | €1,361 | €9,348 | ▲ 587% |
| Non-recurring operating charges66A | - | €867 | €3,274 | - | - |
| Gross operating margin9900 | €143,725 | €161,664 | €174,156 | €153,844 | ▼ 11.7% |
| Operating profit (loss)9901 | €7,550 | -€37,572 | -€15,464 | €61,705 | ▲ 499% |
| Financial income75/76B | €3 | €14 | - | €15 | - |
| Recurring financial income75 | €3 | €14 | - | €15 | - |
| Financial charges65/66B | €2,662 | €11,158 | €11,419 | €6,631 | ▼ 41.9% |
| Recurring financial charges65 | €2,662 | €11,158 | €11,419 | €6,631 | ▼ 41.9% |
| Profit (loss) for the period before taxes9903 | €4,891 | -€48,716 | -€26,882 | €55,089 | ▲ 305% |
| Profit (loss) for the period9904 | €4,891 | -€48,716 | -€26,882 | €55,089 | ▲ 305% |
| Profit (loss) for the period to be appropriated9905 | €4,891 | -€48,716 | -€26,882 | €55,089 | ▲ 305% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €95,208 | €129,696 | €130,463 | €101,229 | ▼ 22.4% |
| Fixed assets21/28 | €51,520 | €67,498 | €50,268 | €17,559 | ▼ 65.1% |
| Tangible fixed assets22/27 | €51,157 | €66,335 | €49,105 | €16,396 | ▼ 66.6% |
| Furniture and vehicles24 | €35,613 | €53,146 | €39,764 | €14,865 | ▼ 62.6% |
| Other tangible fixed assets26 | €15,544 | €13,189 | €9,342 | €1,531 | ▼ 83.6% |
| Financial fixed assets28 | €363 | €1,163 | €1,163 | €1,163 | = |
| Current assets29/58 | €43,689 | €62,198 | €80,195 | €83,670 | ▲ 4.3% |
| Stocks and contracts in progress3 | €4,108 | €6,651 | €6,565 | €1,939 | ▼ 70.5% |
| Stocks30/36 | €4,108 | €6,651 | €6,565 | €1,939 | ▼ 70.5% |
| Amounts receivable within one year40/41 | €109 | €10,096 | €8,792 | €22,964 | ▲ 161% |
| Trade receivables40 | €53 | €2,096 | €792 | €22,964 | ▲ 2,799% |
| Other amounts receivable41 | €56 | €8,000 | €8,000 | - | - |
| Cash at bank and in hand54/58 | €35,972 | €45,451 | €63,588 | €58,766 | ▼ 7.6% |
| Deferred charges and accrued income490/1 | €3,500 | - | €1,250 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €95,208 | €129,696 | €130,463 | €101,229 | ▼ 22.4% |
| Equity10/15 | €28,891 | -€19,825 | -€46,707 | €8,382 | ▲ 118% |
| Contributions10/11 | €24,000 | €24,000 | €24,000 | €24,000 | = |
| Profit (loss) carried forward14 | €4,891 | -€43,825 | -€70,707 | -€15,618 | ▲ 77.9% |
| Amounts payable17/49 | €66,317 | €149,521 | €177,171 | €92,847 | ▼ 47.6% |
| Amounts payable after more than one year17 | - | €26,508 | €16,667 | €8,695 | ▼ 47.8% |
| Financial debts170/4 | - | €26,508 | €16,667 | €8,695 | ▼ 47.8% |
| Amounts payable within one year42/48 | €66,317 | €122,986 | €157,834 | €84,139 | ▼ 46.7% |
| Current portion of amounts payable after more than one year42 | - | €9,538 | €10,817 | €7,972 | ▼ 26.3% |
| Trade debts44 | €45,967 | €80,896 | €101,969 | €47,399 | ▼ 53.5% |
| Suppliers440/4 | €45,967 | €80,896 | €101,969 | €47,399 | ▼ 53.5% |
| Taxes, remuneration and social security45 | €15,678 | €18,380 | €27,223 | €8,397 | ▼ 69.2% |
| Taxes450/3 | - | €745 | €879 | €1,093 | ▲ 24.4% |
| Remuneration and social security454/9 | €15,678 | €17,634 | €26,344 | €7,304 | ▼ 72.3% |
| Other amounts payable47/48 | €4,672 | €14,172 | €17,824 | €20,371 | ▲ 14.3% |
| Accrued charges and deferred income492/3 | - | €27 | €2,670 | €12 | ▼ 99.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,891 | -€48,716 | -€26,882 | €55,089 | ▲ 305% |
| + Depreciation and write-downs630 | €7,888 | €12,886 | €13,449 | €4,582 | ▼ 65.9% |
| Operating cash flow (approximation) | €12,778 | -€35,830 | -€13,433 | €59,671 | ▲ 544% |
| Investment in fixed assets (approximation) | - | -€28,864 | €3,781 | €28,127 | ▲ 644% |
| Change in cash | - | €9,479 | €18,137 | -€4,821 | ▼ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
03-08
KBO administration
Address struck
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €55,089
Net result €55,089 after 2 loss-making years.
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€48,716
Net result drops to -€48,716, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2022
Ground area
131 m²
Building footprint
128 m²
Volume, LiDAR
605 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ROSSO4
since 20222.332.742.805
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110A0595/00_000 | Wallonia | 75 m² | 1 · 72 m² | 9.9 m · 3 fl. |
| 25782D0476/00H000 | Wallonia | 56 m² | 1 · 57 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,783. 6,480 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
Founded09-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
admin@rossopizza.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0757925633
Also
9925:BE0757925633
Registered
31-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.