Skip to content

L.G.F.

Active
Private limited companyfounded 2003active for 23 yearsKernielerveld 7, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0480.036.370
Summary

L.G.F. has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.0m and a net result of -€141,162. Equity has been growing by about 14% per year since 2019. Its solvency ranks better than 48% of 410 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-04-2003 Normal situation
Activity
Wholesale of fruit and vegetables, excluding potatoes NACE 46319and 2 others
Establishment units
2.133.623.282 3540 Herk-de-Stad, since 31-03-2003
2.212.377.780 3540 Herk-de-Stad, since 01-09-2012
Financial year end
31 March
Peppol
Reachable since 02-12-2024

Board and ownership

Board

Financial position

84 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 31-03-2026
Gross margin
€153,017
▼ 51.1%
Turnover
≈ €1.3m
estimated
Loss
€141,162
Equity
€1.0m
▼ 12.0%
Total assets
€2.6m
▲ 19.3%
Employees on 31-03-2026
2
▲ 100%
Score breakdownraises riskLoss of €141,162 (financial year 2026)lowers riskFigures for financial year 2026 (filed on 30-10-2026)Founded in 2003Size: 2 FTE, total assets €2.6mShow the evidence

Checked score

Score 2026
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2025
Weak
Solvency 65-14
equity 40.1% of total assets
Liquidity 38-11
short-term debt 52.1% · cash 11.3%
Profitability 20-56
return on assets -5.5%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%▼ -0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 0.3%● unchanged vs 10-2026highest value
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.95 (2.31 in 2025), below 1. Short-term debt is 52.1% and cash 11.3% of total assets. 59.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 49% of them on solvency, 35% on liquidity, 22% on profitability and 24% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €141,162 (financial year 2026)
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 30-10-2026)
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 2 FTE, total assets €2.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
1 day early
2025
on the day
2024
1 day early
2023
1 day early
2022
4 days early
2021
4 days early
2020
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2026after a profit of €132,854 in 2025 -€141,162 View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €39,831 · 410 companies -€141,162 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Appointment: Deveux Jurgen (director)
  2. · Gazette deed Change of role: DEVEUX Jo Jules Gaby, from manager to directorAppointment: VANDERSMISSEN Natalie Hubertine Andrea (director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as L.G.F.: wholesale of fruit and vegetables, excluding potatoes (NACE 46319). They are comparable in size and age: total assets between €1.1m and €6m, founded between 1995 and 2011.

CompanyTotal assetsGross margin
L.G.F. Tongeren-Borgloon€2.6m€0.2m
'T SPRUITJE Hasselt€1.8m€0.1m
RAGO FRUIT Wellen€2.7m€0.2m
WHITE GOBLIN INT. Wingene€1.8m€0.3m
ATIMEX IMPORT-EXPORT Virton€6.0m€0.1m
BRUWIER POTATOES Waregem€2.7m€0.1m
Produce Services Europe Essen€1.1m€0.08m
Full comparison

Key facts about L.G.F.

What is the company number of L.G.F.?
The company number of L.G.F. is 0480.036.370. The VAT number is the same number with BE in front: BE 0480.036.370.
Where is L.G.F. based?
The registered office is at Kernielerveld 7, 3840 Tongeren-Borgloon.Company details
What does L.G.F. do?
According to the KBO register, the main activity is wholesale of fruit and vegetables, excluding potatoes (NACE 46319).
What is the legal form of L.G.F.?
The legal form of L.G.F. is Private limited company (BV).
When was L.G.F. founded?
L.G.F. was founded on 15-04-2003.
Is L.G.F. still active?
Yes, L.G.F. is an active enterprise in the KBO register.
How many employees does L.G.F. have?
L.G.F. had an average of 2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of L.G.F.?
The turnover in financial year 2026 is ≈ €1.3m. This figure is estimated from the gross margin of €153,017 and 33 comparable companies (NACE 463). It probably lies between €540,000 and €2.3m.
Is L.G.F. profitable?
In financial year 2026, L.G.F. made a loss of €141,162.
Where can I find the annual accounts of L.G.F.?
L.G.F. filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of L.G.F. due?
L.G.F. must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.