Spicy India
The computed 12-month bankruptcy probability of Spicy India is 4.9% (elevated). The 2024 annual accounts show equity of €49k and a net result of €-10k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 92% of 5650 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €49k |
| Net result | €-10k |
| Staff (FTE) | 1.4 |
| Better than sector | 92% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 74.1% | 19.3% | |
| Net result | €-10k | €4k | |
| Equity | €49k | €14k | |
| Gross operating margin | €23k | €52k | |
| Staff costs | €22k | €49k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-624 |
| Net profit | €-10k |
| Cash flow | €-929 |
| Staff costs | €22k |
| Income taxes | - |
| Dividends | - |
| Total assets | €66k |
| Equity | €49k |
| Debt | €17k |
| of which ≤ 1y | €17k |
| of which > 1y | - |
| Working capital | €-4k |
| Employees (FTE) | 1.4 |
| 2024 | |
|---|---|
| Current ratio | 0.78 |
| Quick ratio | 0.27 |
| Working capital ratio | -5.7% |
| Solvency | 74.1% |
| Debt / equity | 0.35 |
| Long-term debt ratio | - |
| Interest coverage | -2.05 |
| Gross margin | - |
| Net margin | - |
| ROA | -14.6% |
| ROE | -19.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €66k |
| Fixed assets | 21/28 | €53k |
| Intangible fixed assets | 21 | €42k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €13k |
| Stocks & contracts in progress | 3 | €9k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €66k |
| Equity | 10/15 | €49k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €27k |
| Amounts payable | 17/49 | €17k |
| Amounts payable within one year | 42/48 | €17k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €23k |
| Operating result | 9901 | €-9k |
| Financial charges | 65 | €305 |
| Result before taxes | 9903 | €-10k |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
-
Kumari KanikaWerkende vennootState Gazette act 26108894 (27-08-2026)Current27-08-2026 → present
-
Mukesh KumarDirectorState Gazette act 26108894 (27-08-2026)Current27-08-2026 → present
Former directors (1)
-
Subedi Keshab RajDirectorState Gazette act 26108894 (27-08-2026)Former- → 27-08-2026
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 12-01-2021 |
| Status | Active |
| Postal code | 9000 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A0677/00A000 | Flanders | 97 m² | 1 · 96 m² | 16.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
27-08-2026 Act object · General meeting · Officer resignation · Officer discharge
- Act object: Ontslag bestuuder - Benoeming bestuurder - Aandelenruil · SPICY INDIA
- Publication: 2026-08-27 · SPICY INDIA
- Filing: 2026-08-18 · SPICY INDIA
- General meeting: 2026-08-17 · SPICY INDIA
- Officer resignation: role: bestuurder, end_date: 2026-08-16 · Subedi Keshab Raj
- Officer discharge · Subedi Keshab Raj
- Officer appointment: role: bestuurder, start_date: 2026-08-17 · Mukesh Kumar
- Mandate compensation: onbezoldigd · Mukesh Kumar
- Officer appointment: role: werkende vennoot, start_date: 2026-08-17 · Kumari Kanika
- Share transfer: note: Aandelenruil, count: 50/100 · Subedi Keshab Raj
- Share transfer: note: Aandelenruil, count: 50/100 · Subedi Keshab Raj
Technical details
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}25-04-2025 All shares are now held by a single shareholder
Technical details
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}23-08-2023 All shares are now held by a single shareholder
Technical details
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}| Legal nameNL | Spicy India |
| Trade nameNL | Spicy India |