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L.B.L.

Active
Private limited company (pre-2019)founded 1999active for 27 yearsPater Agnellolaan 11, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0465.913.170
Summary

The computed 12-month bankruptcy probability of L.B.L. is 1.9% (moderate). The 2024 annual accounts show negative equity (-€12,751) and a net result of -€153,192. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 3,937 sector peers (NACE 01, financial year 2024). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Mixed farming
NACE 01500
1 site
Size
€2.2mtotal assets 2024
Equity
-€12,751
Loss
-€153,192
Turnover not published (micro format)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts 70 days overdue1 of 6 deeds read
Why 52raises riskLiquidity: current ratio 0.07, cash €5,948, halvedFigures for financial year 2024 (filed 09-10-2025)1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 latelowers riskSize: total assets €2.2mShow the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 8% of its sector peers (NACE 01, small)
Financial strength · tick = 2023
Weak
Solvency 24-7
equity -0.6% of total assets
Liquidity 26-6
short-term debt 48.3% · cash 0.3%
Profitability 17-35
return on assets -6.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (898 companies, NACE 01, small)
Last 24 months 11-2024: 1.5% 12-2024: 0.6%▼ -0.9 percentage points vs 11-2024 01-2025: 0.7%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.1 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.1%▲ +0.2 percentage points vs 09-2025 11-2025: 1.2%▲ +0.1 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.1%▼ -0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.9%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.07, compared with 0.1 in 2023; short-term debt: 48.3% and cash: 0.3% 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 01, small): better than 6% on solvency, 15% on liquidity, 8% on profitability and 2% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.07, cash €5,948, halved
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 09-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €2.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 late
NBB · filings
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 -€12,751
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
68 days late
2023
92 days late
2022
77 days late
2021
30 days late
2020
31 days late
2019
68 days 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 61 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Pierre de Marnix de Sainte…Gazette deed
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€12,751 View
  • Risk: 3 loss-making years in a rowloss financial year 2024 -€153,192 View
  • Caution: Among the weakest 5% on net resultsector median €5,583 · 3,935 companies -€153,192 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • New directorlatest change 16-06-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2024
Total assets
€2.2m
Loss
-€153,192
Solvency
-0.6%
Turnover▼ 25.3%
Net result
20222023
Go to Financials

Timeline

Events
29
Since
2000
  1. 16-10-2023Annual accounts filed
  2. 30-08-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Mixed farmingNACE 01500
Founded
20-04-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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