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SALLWA

Active
Private limited company (pre-2019)founded 201213 yrs activeJachtlaan 133, 1040 Etterbeek, BelgiumKBO/BCE: BE 0849.948.246
Summary

The computed 12-month bankruptcy probability of SALLWA is 7.4% (elevated). The 2024 annual accounts show negative equity (-€59,297) and a net result of -€37,076. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 18968 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€28,446total assets 2024
Equity
-€59,297
Loss
-€37,076
Turnover not published (abridged schema)
Financial health
32 Weak Checked score 2024
Bankruptcy chance 12 m
7.4%
Structure
Accounts 67 d overdue1 of 10 deeds read
Why 32- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 72 days late; 3 of the last 3 late- Sector Food and beverage service activities (NACE 56)+ Founded in 2012Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 13% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -208.5% of total assets
Liquidity 34+33
short-term debt 303.9% · cash 27.4%
Profitability 0=
return on assets -130.3%
Bankruptcy probability, 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,692 companies)
Last 24 months 11-2024: 6.2% 12-2024: 6.2%● 0.0% vs 11-2024 01-2025: 6.2%▼ -0.7% vs 12-2024 02-2025: 6.2%● 0.0% vs 01-2025 03-2025: 6.1%▼ -1.7% vs 02-2025 04-2025: 5.9%▼ -3.2% vs 03-2025 05-2025: 5.8%▼ -2.4% vs 04-2025 06-2025: 5.7%▼ -1.6% vs 05-2025 07-2025: 5.9%▲ +3.4% vs 06-2025 08-2025: 6.1%▲ +4.1% vs 07-2025 09-2025: 5.9%▼ -2.6% vs 08-2025 10-2025: 6.3%▲ +5.7% vs 09-2025 11-2025: 4.3%▼ -31.8% vs 10-2025 12-2025: 4.3%● 0.0% vs 11-2025 01-2026: 4.3%▼ -0.8% vs 12-2025 02-2026: 4.3%● 0.0% vs 01-2026 03-2026: 4.2%▼ -1.8% vs 02-2026 04-2026: 4.2%● 0.0% vs 03-2026 05-2026: 3.8%▼ -9.1% vs 04-2026 06-2026: 3.7%▼ -1.7% vs 05-2026lowest value 07-2026: 3.9%▲ +3.9% vs 06-2026 08-2026: 3.9%▲ +0.7% vs 07-2026 09-2026: 3.9%▼ -0.8% vs 08-2026 10-2026: 7.4%▲ +92.2% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 72 days late; 3 of the last 3 late raises the probability
  • Founded in 2012 lowers the probability for this profile
  • Sector Food and beverage service activities (NACE 56) raises the probability
No credit on open account
Liquidity short (current ratio 0.16 against 0.27 in 2023; short-term debt: 303.9% and cash: 27.4% of total assets), and equity is negative.
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 56, micro). Better than this share of them on solvency 9%, liquidity 29%, profitability 8%, growth against the median 5%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 72 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 2012
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€59,297
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-10-2025, 72 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
72 d late
2023
47 d late
2022
88 d late
2021
31 d late
2020
89 d late
2019
21 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 58 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Registered officeRegistered-office move · Director in…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€37,076

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€59,297 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€37,076 View
  • Caution: Among the weakest 7% on net resultsector median €5,295 · 18,948 companies -€37,076 View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View

By topic

Financials

Fiscal year
2024
Total assets
€28,446
Loss
-€37,076
Solvency
-208.5%
Turnover▼ 90.4%
Net result
20212022
Go to Financials

Timeline

Events
15
Since
2016
  1. 01-09-2026Registered office
  2. 11-10-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
26-10-2012
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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