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FOR LIEF

Active
Private limited companyfounded 201313 yrs activeAdolphe Maxlaan 139, 1000 Brussel, BelgiumKBO/BCE: BE 0502.332.316
Summary

The computed 12-month bankruptcy probability of FOR LIEF is 5.7% (elevated). The 2024 annual accounts show negative equity (-€5,367) and a net result of -€37,113. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 20% of 26033 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
FOR LIEFActiveChecked score 34/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of other household articles
NACE 47559Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110NACE 47112
2 sites
Size
€72,096total assets 2024
Equity
-€5,367
Loss
-€37,113
Turnover not published (abridged schema)
Financial health
34 Weak Checked score 2024
Bankruptcy chance 12 m
5.7%
Structure
Accounts 64 d overdue0 of 5 deeds read
Why 34- 1 financial year not filed after the legal deadline; latest accounts 151 days late; 3 of the last 3 late- Loss of €37,113, the second in a row (FY 2024)+ Size: total assets €72,096+ Founded in 2013Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 9% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 18-46
equity -7.4% of total assets
Liquidity 7-51
short-term debt 107.4% · cash 5.5%
Profitability 0-13
return on assets -51.5%
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,919 companies)
Last 24 months 11-2024: 2.5% 12-2024: 1.1%▼ -55.1% vs 11-2024 01-2025: 1.1%▼ -1.7% vs 12-2024 02-2025: 1.1%● 0.0% vs 01-2025 03-2025: 1.1%▼ -0.8% vs 02-2025 04-2025: 1.1%▲ +0.3% vs 03-2025 05-2025: 1.1%▼ -2.5% vs 04-2025 06-2025: 1.1%▼ -2.3% vs 05-2025lowest value 07-2025: 1.1%▲ +2.6% vs 06-2025 08-2025: 1.6%▲ +43.8% vs 07-2025 09-2025: 1.7%▲ +11.7% vs 08-2025 10-2025: 2.6%▲ +47.9% vs 09-2025 11-2025: 2.7%▲ +2.8% vs 10-2025 12-2025: 3.9%▲ +48.8% vs 11-2025 01-2026: 5.7%▲ +44.3% vs 12-2025 02-2026: 5.7%● 0.0% vs 01-2026 03-2026: 5.6%▼ -1.1% vs 02-2026 04-2026: 5.7%▲ +0.8% vs 03-2026 05-2026: 5.6%▼ -1.8% vs 04-2026 06-2026: 5.2%▼ -6.0% vs 05-2026 07-2026: 5.2%▼ -0.3% vs 06-2026 08-2026: 5.3%▲ +1.5% vs 07-2026 09-2026: 5.2%▼ -2.0% vs 08-2026 10-2026: 5.7%▲ +9.6% vs 09-2026highest value
  • 1 financial year not filed after the legal deadline; latest accounts 151 days late; 3 of the last 3 late raises the probability
  • Size: total assets €72,096 lowers the probability for this profile
  • Loss of €37,113, the second in a row (FY 2024) raises the probability
  • Founded in 2013 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.9 against 1.65 in 2023; short-term debt: 107.4% and cash: 5.5% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 16%, liquidity 8%, profitability 6%, growth against the median 5%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 151 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €72,096
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €37,113, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2013
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€5,367
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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
151 d late
2023
105 d late
2022
142 d late
2021
676 d late
2020
1041 d late
2019
129 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 374 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€37,113
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€5,367 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€37,113 View
  • Caution: Among the weakest 7% on net resultsector median €4,452 · 26,001 companies -€37,113 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View

By topic

Financials

Fiscal year
2024
Total assets
€72,096
Loss
-€37,113
Solvency
-7.4%
Go to Financials

Timeline

Events
12
Since
2016
  1. 29-12-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 13-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of other household articlesNACE 47559
Founded
10-01-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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