Age2 yrs
Real estate1 parcel · 74 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of PP1 is 6.0% (elevated). The 2025 annual accounts show negative equity (€-873) and a net result of €-1k. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone6.0%
Elevated
0%0,5%1,5%4%10%≥25%
Young company
+No NACE activity registered
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-06-2025 | 31-01-2026 | 05-01-2026 | 26 d early | 2026-00007165 |
| 30-06-2024 | 31-01-2025 | 04-02-2025 | 4 d late | 2025-00027258 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsYoung company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-1k-183.7%
Working capital€657
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 05-01-2026 with the NBB · fiscal year 2025 · micro
€-904
-120.2%
24-25
€-1k
-183.7%
24-25
€-978
-126.8%
24-25
€4k
+8.3%
24-25
€-873
-
24-25
€657
-
24-25
€5k
+58.1%
24-25
€1k
-49.9%
24-25
€3k
-
24-25
1.46
+197.4%
24-25
1.46
+197.4%
24-25
-23.8%
-
24-25
-5.20
-
24-25
158.6%
-
24-25
-37.8%
-161.8%
24-25
-6.15
+68.6%
24-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-904 |
| Net profit | €-1k |
| Cash flow | €-978 |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4k |
| Equity | €-873 |
| Debt | €5k |
| of which ≤ 1y | €1k |
| of which > 1y | €3k |
| Working capital | €657 |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.46 |
| Quick ratio | 1.46 |
| Working capital ratio | 17.9% |
| Solvency | -23.8% |
| Debt / equity | -5.20 |
| Long-term debt ratio | -3.55 |
| Interest coverage | -6.15 |
| Gross margin | - |
| Net margin | - |
| ROA | -37.8% |
| ROE | 158.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4k |
| Formation expenses | 20 | €2k |
| Current assets | 29/58 | €2k |
| Amounts receivable within one year | 40/41 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4k |
| Equity | 10/15 | €-873 |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-2k |
| Amounts payable | 17/49 | €5k |
| Amounts payable after one year | 17 | €3k |
| Amounts payable within one year | 42/48 | €1k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €-904 |
| Operating result | 9901 | €-1k |
| Financial income | 75 | €73 |
| Financial charges | 65 | €147 |
| Result before taxes | 9903 | €-1k |
| Net result for the period | 9904 | €-1k |
| Result to be appropriated | 9905 | €-1k |
You are seeing the latest fiscal year only. 1 prior year (figures + ratios) is in a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed32
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
1 directorFormer directors (1)
-
Luana CAMPOS REINADirectorState Gazette act 25013127 (24-01-2025)Former- → 24-01-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 11-04-2024 |
| Status | Active |
| Postal code | 4920 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Joseph Thiry 44920 AywailleEstablishment units
1 locationPP1
since 20242.358.678.625
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area74 m²
Buildings1
Building footprint66 m²
Volume (LiDAR)628 m³
Tallest building12.7 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62009B0052/00F000 | Wallonia | 74 m² | 1 · 66 m² | 12.7 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 1 year ago
2025
24-01-2025 Luana CAMPOS REINA resigns as director
- Luana CAMPOS REINA, Bestuurder
Analysis
Snowflake analysis
financial profile on 5 axes60
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
32
Profitability
100
Solvency
55
Growth
32
Stability
82
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameFR | PP1 |
Registered office
Place Joseph Thiry 4
4920 Aywaille, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.