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VIVACE

Active
Private limited companyfounded 2023active for 3 yearsLouizalaan 65, 1050 Brussel, Belgium465 active companies are registered at this addressKBO/BCE: BE 0800.840.611
Summary

The computed 12-month bankruptcy probability of VIVACE is 22.3% (high). The 2024 annual accounts show negative equity (-€24,368) and a net result of -€27,180. Its solvency ranks better than 14% of 18,735 sector peers (NACE 56, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€43,713total assets 2024
Equity
-€24,368
Loss
-€27,180
Turnover not published (micro format)
Financial health
10 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
22.3%
Structure
Accounts 82 days overdue2 of 4 deeds read
Why 10raises risk2 changes of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 151 days late; 1 of the last 3 lateLoss of €27,180, the second in a row (financial year 2024)Sector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
10 / 100
Critical
Probability in this band: over 15.0%
Financially better than 6% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 0-27
equity -55.7% of total assets
Liquidity 3-22
short-term debt 144.0% · cash 2.6%
Profitability 0-1
return on assets -62.2%
Bankruptcy probability, 12 months
22.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,767 companies, NACE 56, micro)
Last 24 months 11-2024: 4.7% 12-2024: 4.7%● unchanged vs 11-2024 01-2025: 4.6%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 6.1%▲ +1.5 percentage points vs 01-2025 03-2025: 6.0%▼ -0.1 percentage points vs 02-2025 04-2025: 7.3%▲ +1.3 percentage points vs 03-2025 05-2025: 7.8%▲ +0.5 percentage points vs 04-2025 06-2025: 7.9%▲ +0.1 percentage points vs 05-2025 07-2025: 8.2%▲ +0.3 percentage points vs 06-2025 08-2025: 8.8%▲ +0.6 percentage points vs 07-2025 09-2025: 8.8%● unchanged vs 08-2025 10-2025: 10.9%▲ +2.1 percentage points vs 09-2025 11-2025: 11.0%▲ +0.1 percentage points vs 10-2025 12-2025: 11.2%▲ +0.2 percentage points vs 11-2025 01-2026: 14.3%▲ +3.1 percentage points vs 12-2025 02-2026: 14.3%● unchanged vs 01-2026 03-2026: 14.0%▼ -0.3 percentage points vs 02-2026 04-2026: 15.5%▲ +1.5 percentage points vs 03-2026 05-2026: 15.9%▲ +0.4 percentage points vs 04-2026 06-2026: 20.8%▲ +4.9 percentage points vs 05-2026 07-2026: 20.7%▼ -0.1 percentage points vs 06-2026 08-2026: 20.7%● unchanged vs 07-2026 09-2026: 20.7%● unchanged vs 08-2026 10-2026: 22.3%▲ +1.6 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.69, compared with 0.41 in 2023, below 1; short-term debt: 144% and cash: 2.6% 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 9% on solvency, 4% on liquidity, 8% on profitability and 1% on growth.

The bankruptcy probability was computed on 20-10-2026 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

Seven signals.
raises risk
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 151 days late; 1 of the last 3 late
NBB · filings
raises risk · Loss of €27,180, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€24,368
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-12-2025, 151 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
151 days late
2023
28 days late
← 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 90 days after 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 (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Resignation: DI BISECGLIE Massimo (director)Appointment: QUARATINO Antonio (director) ·…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignations: Gambardella Giuseppe (director) and Lembo…Share transfer · Declaration ·…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€24,368 View
  • Caution: Among the weakest 9% on net resultsector median €5,432 · 18,721 companies -€27,180 View
  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View
  • New directorlatest change 15-05-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2024
Total assets
€43,713
Loss
-€27,180
Solvency
-55.7%
Total assets▼ 63.7%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
17-04-2023
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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