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STUDIO BAGET

Active
Private limited companyfounded 20242 yrs activeKemzekedorp(KEM) 2, 9190 Stekene, BelgiumKBO/BCE: BE 1012.599.925
Summary

The computed 12-month bankruptcy probability of STUDIO BAGET is 5.8% (elevated). The 2025 annual accounts show negative equity (-€36,558) and a net result of -€41,558. Its solvency ranks better than 12% of 14676 sector peers (fiscal year 2025). The company has been active since 2024 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
€52,634total assets 2025
Equity
-€36,558
Loss
-€41,558
Turnover not published (abridged schema)
Financial health
34 Weak Checked score 2025
Bankruptcy chance 12 m
5.8%
Structure
Accounts 32 d early0 of 1 deed read
Why 34- Sector Food and beverage service activities (NACE 56)- Founded in 2024- Negative equity -€36,558- Loss of €41,558 (FY 2025)Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 11% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 0
equity -69.5% of total assets
Liquidity 17
short-term debt 169.5% · cash 13.7%
Profitability 0
return on assets -79.0%
Bankruptcy probability, 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,449 companies)
Last 22 months 09-2025: 3.9%lowest value 10-2025: 3.9%● 0.0% vs 09-2025lowest value 11-2025: 4.1%▲ +4.1% vs 10-2025 12-2025: 4.4%▲ +7.7% vs 11-2025 01-2026: 4.6%▲ +3.3% vs 12-2025 02-2026: 4.9%▲ +7.1% vs 01-2026 03-2026: 4.9%● 0.0% vs 02-2026 04-2026: 5.3%▲ +8.9% vs 03-2026 05-2026: 5.2%▼ -3.2% vs 04-2026 06-2026: 5.1%▼ -1.0% vs 05-2026 07-2026: 5.6%▲ +10.0% vs 06-2026 08-2026: 5.7%▲ +2.3% vs 07-2026 09-2026: 5.8%▲ +0.3% vs 08-2026highest value 10-2026: 5.8%● 0.0% vs 09-2026highest value
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Founded in 2024 raises the probability for this profile
  • Negative equity -€36,558 raises the probability
  • Loss of €41,558 (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.18; short-term debt: 169.5% and cash: 13.7% 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 14%, profitability 8%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.
+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Negative equity -€36,558
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €41,558 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
32 d early
← before the deadline after the deadline →
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. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€36,558 View
  • Caution: Among the weakest 6% on net resultsector median €4,899 · 14,655 companies -€41,558 View
  • Total assets 2025first fiscal year filed €52,634 View

By topic

Financials

Fiscal year
2025
Total assets
€52,634
Loss
-€41,558
Solvency
-69.5%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
20-08-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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