Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Spicy India from Gent, company number BE0761484741, closed financial year 2025 with a result of € -5,489 after tax. For that financial year Spicy India recorded a gross margin of € 28,788 and equity of € 43,553. Compared with financial year 2024, the result moved from € -9,678 to € -5,489. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 43,553
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,489
▲ 43 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,347
▲ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 23,553.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,045
▼ 19% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,635
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 106,539 | € 98,372 | € 22,827 | € 28,788 | ▲ 26% |
| Profit after taxes | € 1,716 | € 2,003 | € -9,678 | € -5,489 | ▲ € 4,189 |
| Equity | € 56,717 | € 58,720 | € 49,042 | € 43,553 | ▼ 11% |
| Total debts | € 48,288 | € 15,910 | € 17,135 | € 39,032 | ▲ 128% |
| Cash | € 17,357 | € 5,137 | € 4,687 | € 8,347 | ▲ 78% |
| Retained profit | € 36,717 | € 38,720 | € 29,042 | € 23,553 | ▼ 19% |
| Balance sheet total | € 105,005 | € 74,630 | € 66,177 | € 82,585 | ▲ 25% |
Key figures of Spicy India, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Spicy India?
What happened at Spicy India in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,489. Source: NBB ↗
- KESHAB RAJ SUBEDI became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 1,716 profit in 2022 to € 5,489 loss in 2025.
Paid € 3,369 in corporate taxes since 2022.
Best year ever: 2023, with € 2,003 profit.
Management
Behind Spicy India is KESHAB RAJ SUBEDI.
Directors
According to the 2025 annual accounts
KESHAB RAJ SUBEDI
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Oudburg 11
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
indiapalacegent.com
Registered
2025-04-21
Registrar
HOSTINGER operations, UAB
Expires
2026-04-21
Website info
Features
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DAHAL Laxmi(oprichter) 50%
- LAMICHHANE Hari(oprichter) 50%
Details
- Company number
- 0761.484.741
- VAT number
- BE 0761.484.741
- Registered office
- Oudburg 11, 9000 Gent
- Names & denominations
- Spicy India
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2021
- Peppol
- Active · Active since 30 Aug 2025
- Contact
- indiapalacegent.com
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening