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VA & PI

Active
Private limited company (pre-2019)founded 2018active for 8 yearsRue de Villers 432, 6010 Charleroi, BelgiumKBO/BCE: BE 0695.498.611
Summary

The computed 12-month bankruptcy probability of VA & PI is 3.2% (moderate). The 2025 annual accounts show negative equity (-€62,432) and a net result of €24,227. Equity has been shrinking by about 48% per year since 2019. Its solvency ranks better than 9% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 26-04-2018 Normal situation
Activity
Full-service restaurants NACE 56111
Establishment unit
2.277.525.851 6000 Charleroi, since 09-07-2018
Financial year end
31 December
Peppol
Reachable since 09-01-2026

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Annual accounts 2025
Gross margin
€111,692
▲ 91.9%
Turnover
≈ €320,000
estimated
Profit
€24,227
Equity
-€62,432
▲ 28.0%
Total assets
€55,788
▼ 57.4%
Staff
≈ 2 FTE
estimated
  • Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€62,432Sector: Food and beverage service activities (NACE 56)1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 21-07-2026)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 47% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -111.9% of total assets
Liquidity 17+3
short-term debt 183.5% · cash 13.5%
Profitability 100+100
return on assets 43.4%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 4.9% 01-2025: 4.8%▼ -0.1 percentage points vs 12-2024 02-2025: 4.8%● unchanged vs 01-2025 03-2025: 4.8%● unchanged vs 02-2025 04-2025: 4.8%● unchanged vs 03-2025 05-2025: 4.8%● unchanged vs 04-2025 06-2025: 4.7%▼ -0.1 percentage points vs 05-2025 07-2025: 4.8%▲ +0.1 percentage points vs 06-2025 08-2025: 5.6%▲ +0.8 percentage points vs 07-2025 09-2025: 5.7%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 3.8%▼ -1.9 percentage points vs 09-2025 11-2025: 3.8%● unchanged vs 10-2025 12-2025: 3.6%▼ -0.2 percentage points vs 11-2025 01-2026: 3.5%▼ -0.1 percentage points vs 12-2025 02-2026: 3.5%● unchanged vs 01-2026 03-2026: 3.5%● unchanged vs 02-2026 04-2026: 3.5%● unchanged vs 03-2026 05-2026: 3.4%▼ -0.1 percentage points vs 04-2026 06-2026: 3.0%▼ -0.4 percentage points vs 05-2026 07-2026: 3.2%▲ +0.2 percentage points vs 06-2026 08-2026: 2.1%▼ -1.1 percentage points vs 07-2026 09-2026: 2.0%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 3.2%▲ +1.2 percentage points vs 09-2026 11-2026: 3.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.43 (0.58 in 2024), below 1. Short-term debt is 183.5% and cash 13.5% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 9% of them on solvency, 14% on liquidity, 93% on profitability and 72% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€62,432
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 21-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 17001 sector peers (2025).
NBB · sector comparison
Position among 17001 sector peers
Solvency
better than 9%
← weakest strongest →
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 21-07-2026, 10 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
10 days early
2024
29 days late
2023
25 days late
2022
6 days early
2021
61 days late
2020
101 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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. The company usually files around 26 August (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€62,432 View
  • Positive: Back in profit in 2025after a loss of €55,376 in 2024 €24,227 View
  • Caution: Less equity than 91% of companies in food and beverage servicesector median €28,779 · 17,032 companies -€62,432 View

Recent changes

  1. · Gazette deed Registered office moved within CharleroiNew seat: Rue de Villers 432, 6010 Charleroi · Previous seat: Rue Emile Tumelaire 43, 6000 Charleroi
  2. · Gazette deed Resignation: PICCICUTO AURELIO (director)Appointment: VAZZANO DIEGO (director)
  3. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as VA & PI: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €50,800 and €57,200, founded between 2017 and 2019.

CompanyTotal assetsGross margin
VA & PI Charleroi€55,788€111,692
MON ESPOIR Mons€55,120€92,820
JAP.GUS Brussel€56,865€110,524
SIT DOWN Sankt Vith€57,165€113,984
Flandrien Kuurne€51,456€105,405
COCOMORI Leuven€50,798€112,224
FRANN Gistel€56,052€90,560
Full comparison

Key facts about VA & PI

What is the company number of VA & PI?
The company number of VA & PI is 0695.498.611. The VAT number is the same number with BE in front: BE 0695.498.611.
Where is VA & PI based?
The registered office is at Rue de Villers 432, 6010 Charleroi.Company details
What does VA & PI do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of VA & PI?
The legal form of VA & PI is Private limited company (pre-2019) (BVBA).
When was VA & PI founded?
VA & PI was founded on 26-04-2018.
Is VA & PI still active?
Yes, VA & PI is an active enterprise in the KBO register.
How many employees does VA & PI have?
VA & PI had an average of 1.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of VA & PI?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €111,692 and 86 comparable companies (NACE 56111). It probably lies between €270,000 and €390,000.
Is VA & PI profitable?
In financial year 2025, VA & PI made a profit of €24,227.
Where can I find the annual accounts of VA & PI?
VA & PI filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VA & PI due?
VA & PI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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