V12

Active

Private limited companyfounded 2025active for 1 yearChristinastraat 2, 8400 Oostende, BelgiumKBO/BCE: BE 1022.055.841

Summary

The computed 12-month bankruptcy probability of V12 is 4.1% (elevated). The 2025 annual accounts show equity of €21,388 and a net result of €21,388. Its solvency ranks better than 75% of 4,607 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Risk analysisFollow Report Compare

V12ActiveChecked score 51/100

Risk analysis Report Compare

Activity

Full-service restaurants

NACE 56111

1 site

Size

€37,799total assets 2025

Equity: €21,388
Profit: €21,388

Turnover not published (abbreviated format)

Financial health

51 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 4.1%

Structure

Singh KulrajDirector

Accounts filed 16 days late1 of 2 deeds read

Why 51raises riskFounded in 2025Sector: Food and beverage service activities (NACE 56)Size: total assets €37,799lowers riskLiquidity: current ratio 2.30, cash €27,766Show the evidence

Checked score

Score 2025

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 83% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 82

equity 56.6% of total assets

Liquidity 79

short-term debt 43.4% · cash 73.5%

Profitability 100

return on assets 56.6%

Bankruptcy probability, 12 months

4.1% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,715 companies, NACE 56, micro)

Last 24 months 05-2026: 13.9% 06-2026: 14.2%▲ +0.3 percentage points vs 05-2026 07-2026: 14.4%▲ +0.2 percentage points vs 06-2026 08-2026: 15.0%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 4.0%▼ -11.0 percentage points vs 08-2026lowest value 10-2026: 4.1%▲ +0.1 percentage points vs 09-2026

Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity ample (current ratio 2.3, above the usual 1.5; short-term debt: 43.4% and cash: 73.5% of total assets), and 43.4% of the assets are financed with debt and provisions.

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 56, micro): better than 73% on solvency, 82% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 13-10-2026 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

Six signals.

lowers riskraises riskneutral

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Sector: Food and beverage service activities (NACE 56)

KBO

Size: total assets €37,799

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 2.30, cash €27,766

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-08-2026, 16 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 1 filing

Deviation from the deadline

2025

16 days late

← before the deadline after the deadline →

Administrative warnings in the KBO publications

2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

UBO non-compliance×2