Zuid55

Active

Private limited company (pre-2019)founded 201610 yrs activeSint-Pieterszuidstraat 55, 8000 Brugge, BelgiumKBO/BCE: BE 0656.866.281

Summary

The computed 12-month bankruptcy probability of Zuid55 is 2.9% (moderate). For Zuid55, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €2.7m and a net result of €353,714. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 90% of 17991 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

Zuid55Active

Risk analysis Report Compare

Activity

Full-service restaurants

NACE 56111Full-service restaurants NACE 56101

1 site

Size

€3.4mtotal assets 2023

Equity: €2.7m
Profit: €353,714

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 2.9%

2023 figures too old to score

Structure

Accounts 428 d overdue0 of 1 deed read

Signals- Figures for FY 2023 (filed 31-08-2024)- 2 financial years not filed after the legal deadline; latest accounts 30 days late; 2 of the last 3 late- Sector Food and beverage service activities (NACE 56)- Two or more financial years not filed+ Equity €2.7m (77.8% of total assets)Filed after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2020

Strong

Solvency 100+100

equity 77.8% of total assets

Liquidity 79+77

short-term debt 16.3% · cash 26.7%

Profitability 82+1

return on assets 10.4%

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.0% (1,614 companies)

Last 15 months 08-2025: 0.5%lowest value 09-2025: 0.6%▲ +25.4% vs 08-2025 10-2025: 0.9%▲ +40.9% vs 09-2025 11-2025: 0.9%▲ +4.8% vs 10-2025 12-2025: 1.3%▲ +43.7% vs 11-2025 01-2026: 2.1%▲ +54.8% vs 12-2025 02-2026: 2.1%● 0.0% vs 01-2026 03-2026: 2.1%▲ +0.4% vs 02-2026 04-2026: 1.9%▼ -9.9% vs 03-2026 05-2026: 1.9%● 0.0% vs 04-2026 06-2026: 1.8%▼ -2.2% vs 05-2026 07-2026: 1.8%● 0.0% vs 06-2026 08-2026: 2.5%▲ +35.6% vs 07-2026 09-2026: 2.9%▲ +16.7% vs 08-2026highest value 10-2026: 2.9%● 0.0% vs 09-2026highest value

Figures for FY 2023 (filed 31-08-2024) raises the probability
2 financial years not filed after the legal deadline; latest accounts 30 days late; 2 of the last 3 late raises the probability
Sector Food and beverage service activities (NACE 56) raises the probability
Equity €2.7m (77.8% of total assets) lowers the probability

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2023 (filed 31-08-2024)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 30 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Sector Food and beverage service activities (NACE 56)

In the bankruptcy model this factor raises the probability.

KBO

Equity €2.7m (77.8% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 5 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline02-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

30 d late

2020

31 d late

2019

61 d late

2018

61 d late

2017

7 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)

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

30-08-24 Annual accounts filedfiscal year 2023 · micro…
31-12-23 Highest result since 2018net €353,714 ▲376%
31-12-23 Liquidity times 14current ratio 5.58

Key points

Risk: Accounts not fileddeadline was 31-07-2025 428 d late View
Positive: Among the best 5% on net resultsector median €3,535 · 17,955 companies €353,714 View
Total assets 20234 fiscal years filed €3.4m View