VS Italia

Active

Private limited companyfounded 2024active for 1 yearElsense Steenweg 14, 1050 Elsene, Belgium28 active companies are registered at this addressKBO/BCE: BE 1016.065.892

Summary

The computed 12-month bankruptcy probability of VS Italia is 3.3% (moderate). The 2025 annual accounts show negative equity (-€15,649) and a net result of -€21,901. Its solvency ranks better than 20% of 4,751 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.

Risk analysisFollow Report Compare

VS ItaliaActiveChecked score 48/100

Risk analysis Report Compare

Activity

Full-service restaurants

NACE 56111Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110

1 site

Size

€376,143total assets 2025

Equity: -€15,649
Loss: -€21,901

Turnover not published (abbreviated format)

Financial health

48 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 3.3%

Structure

Parent: VS and Co · 100%

VS and CoDirector · permanent representative DRIFTIG Stéphane François Antoinette

2025 accounts 25 days early

Why 48raises riskSector: Food and beverage service activities (NACE 56)Founded in 2024Negative equity -€15,649lowers riskSize: total assets €376,143Show the evidence

Checked score

Score 2025

48 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 16% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 21-24

equity -4.2% of total assets

Liquidity 18-3

short-term debt 75.5% · cash 7.0%

Profitability 11+4

return on assets -5.8%

Bankruptcy probability, 12 months

3.3% 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% (23,763 companies, NACE 56, micro)

Last 24 months 12-2025: 3.4% 01-2026: 3.3%▼ -0.1 percentage points vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.7%▲ +0.4 percentage points vs 02-2026 04-2026: 3.9%▲ +0.2 percentage points vs 03-2026 05-2026: 4.1%▲ +0.2 percentage points vs 04-2026 06-2026: 4.2%▲ +0.1 percentage points vs 05-2026 07-2026: 4.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 3.2%▼ -1.3 percentage points vs 07-2026 09-2026: 3.2%● unchanged vs 08-2026lowest value 10-2026: 3.3%▲ +0.1 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.17, compared with 0.36 in 2024, below 1; short-term debt: 75.5% and cash: 7% 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 56, micro): better than 24% on solvency, 15% on liquidity, 22% on profitability and 2% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Sector: Food and beverage service activities (NACE 56)

KBO

Founded in 2024

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

KBO

Size: total assets €376,143

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

NBB · annual accounts

Negative equity -€15,649

NBB · annual accounts

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 -€15,649

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

25 days early

2024

44 days early

← 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 35 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)

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

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

06-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
17-06-2025 Annual accounts filedfinancial year 2024 · abbreviated…
13-11-2024 IncorporationAppointment: VS and Co (director)…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€15,649 View
Caution: Among the weakest 16% on net resultsector median €10,495 · 4,746 companies -€21,901 View
Controlled by VS and Co 100% View

By topic

Financials

Financial year: 2025
Total assets: €376,143
Loss: -€21,901
Solvency: -4.2%

Total assets▲ 12×

Net result

20242025

Go to Financials

Board & ownership

Board: 1 member
Parent: VS and Co · 100%

VS and CoDirector

Go to Board & ownership

Network & group

Connected companies: 2

Go to Network & group

Timeline

Events: 3
Since: 2024
Next accounts: by 31-07-2027

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Full-service restaurantsNACE 56111
Founded: 08-11-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 29

Annual meeting: First Friday of June at 18:00
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about VS Italia

What is the company number of VS Italia?: 1016.065.892. In Belgium the VAT number is the company number with BE in front: BE 1016.065.892.
Where is VS Italia based?: The registered office is at Elsense Steenweg 14, 1050 Elsene.Company details
What does VS Italia do?: According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of VS Italia?: Private limited company (BV).
When was VS Italia founded?: On 08-11-2024.
Is VS Italia still active?: Yes, VS Italia is an active enterprise in the KBO register.
What is the turnover of VS Italia?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VS Italia profitable?: In financial year 2025, VS Italia made a loss of €21,901.
Where can I find the annual accounts of VS Italia?: VS Italia filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VS Italia due?: By 31-07-2027, for financial year 2026.Timeline