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SUCCES PARTNERS

Active
Private limited companyfounded 2024active for 2 yearsVichtseweg 200, 8790 Waregem, BelgiumKBO/BCE: BE 1005.763.207
Summary

The computed 12-month bankruptcy probability of SUCCES PARTNERS is 2.4% (moderate). The 2025 annual accounts show negative equity (-€1,518) and a net result of -€9,704. Its solvency ranks better than 17% of 16,399 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211Full-service restaurants NACE 56111
1 site
Size
€5,062total assets 2025
Equity
-€1,518
Loss
-€9,704
Turnover not published (micro format)
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Accounts filed 25 days late1 of 2 deeds read
Why 50raises risk1 change of registered office in 24 monthsNegative equity -€1,518lowers riskSize: total assets €5,062Liquidity: current ratio 0.52, cash €2,308, halvedShow the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 0-62
equity -30.0% of total assets
Liquidity 50-17
short-term debt 130.0% · cash 45.6%
Profitability 0-100
return on assets -191.7%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,541 companies, NACE 43, micro)
Last 24 months 03-2025: 1.9% 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 2.0%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%▲ +0.4 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.7%▼ -2.0 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025lowest value 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 1.8%▲ +1.0 percentage point vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 2.5%▼ -0.3 percentage points vs 08-2026 10-2026: 2.4%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.52, compared with 1.37 in 2024; short-term debt: 130% and cash: 45.6% of total assets), and equity is negative.
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 43, micro): better than 3% on solvency, 43% on liquidity, 4% on profitability and 3% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €5,062
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€1,518
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.52, cash €2,308, halved
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€1,518
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
25 days late
2024
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 18 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: DE GRAEVE Thomas (non-statutory director)Appointments: HIMPE-PREECHANON Wipharat (non-statutory director)…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1,518 View
  • Caution: Among the weakest 18% on solvencysector median 30.0% · 16,399 companies -30.0% View
  • Board changedlatest change 26-05-2026 · 2 in office 2 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€5,062
Loss
-€9,704
Solvency
-30.0%
Total assets▼ 77.3%
Net result
20242025
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
08-02-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het verkopen van bereide etenswaren met of zonder bediening (tearoom, cafetaria…
Go to Articles of association

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