L&Ko
ActiveSummary
L&Ko has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12,302 and a net result of €2,509. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 26040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▲+3
Solvency48▼-12
Growth53▲+1
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 4.34 against 2.77 in 2023; short-term debt: 12.9% and cash: 17.5% of total assets), but 77.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.5%
Return on assets
4.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €12,302
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
55 d late
2022
17 d late
2021
268 d late
2020
16 d early
2019
349 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 114 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€62,458▲ 2.9%
2023 · €60,720
EBIT margin
4.6%▲ 0.1pp
2023 · 4.5%
Net result
€2,509▲ 31.4%
2023 · €1,909
Working capital
€23,579▲ 81.1%
2023 · €13,021
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€48,633▼ 47.9%€24,873▼ 48.9%€26,960▲ 8.4%€60,720▲ 125%€62,458▲ 2.9%
Operating result-€17,639-€7,211▲ 59.1%€2,911€2,714▼ 6.8%€2,864▲ 5.5%
Net result-€5,719below the sector's middle half-€3,153below the sector's middle half▲ 44.9%€4,778within the sector's middle half€1,909within the sector's middle half▼ 60.0%€2,509within the sector's middle half▲ 31.4%
EBIT margin-36.3%▼ 40.5pp-29.0%▲ 7.3pp10.8%▲ 39.8pp4.5%▼ 6.3pp4.6%▲ 0.1pp
Equity-€1,041below the sector's middle half-€4,194below the sector's middle half▼ 303%€584below the sector's middle half€9,793within the sector's middle half▲ 1,577%€12,302within the sector's middle half▲ 25.6%
Total assets€30,647below the sector's middle half▼ 13.2%€19,337below the sector's middle half▼ 36.9%€23,119below the sector's middle half▲ 19.6%€28,106below the sector's middle half▲ 21.6%€54,557below the sector's middle half▲ 94.1%
Debt€31,688▲ 3.5%€23,531▼ 25.7%€22,535▼ 4.2%€18,313▼ 18.7%€42,255▲ 131%
Working capital-€76-€6,655▼ 8,657%€5,405€13,021▲ 141%€23,579▲ 81.1%
Solvency-3.4%below the sector's middle half▼ 16.7pp-21.7%below the sector's middle half▼ 18.3pp2.5%below the sector's middle half▲ 24.2pp34.8%within the sector's middle half▲ 32.3pp22.5%within the sector's middle half▼ 12.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €54,557
Fixed assets
€23,923 ▲ 209%
Current assets
€30,634 ▲ 50.3%
Equity and liabilities €54,557
Equity
€12,302 ▲ 25.6%
Debt
€42,255 ▲ 131%
Debt's share of the balance-sheet total rises from 65.2% to 77.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,726▲
2023 · €5,271
Cash flow
€7,371▲
2023 · €4,466
Current ratio
4.34▲
2023 · 2.77
Quick ratio
2.83▲
2023 · 1.32
Debt to equity
3.43▲
2023 · 1.87
ROE
20.4%▲
2023 · 19.5%
ROA
4.6%▼
2023 · 6.8%
Interest coverage
16.37▲
2023 · 6.33
Debt ≤ 1 year
€7,055▼
2023 · €7,355
Debt > 1 year
€35,200▲
2023 · €10,958
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,504 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
1.6%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,504 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €48,633 | €24,873 | €26,960 | €60,720 | €62,458 | ▲ 2.9% |
| Non-recurring operating income76A | - | - | - | €3,577 | €2,209 | ▼ 38.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €28,654 | €20,322 | €57,614 | €56,469 | ▼ 2.0% |
| Remuneration, social security and pensions62 | - | - | - | €329 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,881 | €1,993 | €2,524 | €2,557 | €4,862 | ▲ 90.1% |
| Other operating charges640/8 | - | €1,437 | €688 | €568 | €471 | ▼ 17.1% |
| Non-recurring operating charges66A | - | - | €515 | €515 | - | - |
| Gross operating margin9900 | -€13,718 | -€3,781 | €6,638 | €6,683 | €8,197 | ▲ 22.7% |
| Operating profit (loss)9901 | -€17,639 | -€7,211 | €2,911 | €2,714 | €2,864 | ▲ 5.5% |
| Financial income75/76B | - | €4,754 | €2,322 | €28 | €117 | ▲ 318% |
| Recurring financial income75 | €1,924 | €2,144 | €1,971 | €28 | €117 | ▲ 318% |
| Non-recurring financial income76B | - | €2,610 | €351 | - | - | - |
| Financial charges65/66B | - | €696 | €455 | €833 | €472 | ▼ 43.3% |
| Recurring financial charges65 | €1,204 | €696 | €455 | €833 | €472 | ▼ 43.3% |
| Profit (loss) for the period before taxes9903 | -€5,719 | -€3,153 | €4,778 | €1,909 | €2,509 | ▲ 31.4% |
| Profit (loss) for the period9904 | -€5,719 | -€3,153 | €4,778 | €1,909 | €2,509 | ▲ 31.4% |
| Profit (loss) for the period to be appropriated9905 | -€5,719 | -€3,153 | €4,778 | €1,909 | €2,509 | ▲ 31.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30,647 | €19,337 | €23,119 | €28,106 | €54,557 | ▲ 94.1% |
| Fixed assets21/28 | €8,805 | €5,961 | €9,937 | €7,730 | €23,923 | ▲ 209% |
| Intangible fixed assets21 | €2,375 | €1,681 | €987 | €293 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €5,580 | €4,280 | €8,950 | €7,087 | €23,923 | ▲ 238% |
| Plant, machinery and equipment23 | - | - | €6,167 | €5,562 | €4,957 | ▼ 10.9% |
| Furniture and vehicles24 | - | €4,280 | €2,783 | €1,525 | €18,966 | ▲ 1,144% |
| Financial fixed assets28 | €850 | - | - | €350 | €0 | ▼ 100% |
| Current assets29/58 | €21,842 | €13,376 | €13,182 | €20,376 | €30,634 | ▲ 50.3% |
| Amounts receivable after more than one year29 | - | €3,415 | - | - | €8,888 | - |
| Other amounts receivable291 | - | €3,415 | - | - | €8,888 | - |
| Stocks and contracts in progress3 | €8,153 | €8,153 | €12,162 | €10,671 | €10,671 | = |
| Stocks30/36 | - | €8,153 | €12,162 | €10,671 | €10,671 | = |
| Amounts receivable within one year40/41 | €4,395 | €778 | €835 | €719 | €1,349 | ▲ 87.6% |
| Trade receivables40 | - | €778 | €835 | €702 | €1,291 | ▲ 83.9% |
| Other amounts receivable41 | - | - | - | €17 | €58 | ▲ 241% |
| Cash at bank and in hand54/58 | €4,097 | €857 | €185 | €8,886 | €9,545 | ▲ 7.4% |
| Deferred charges and accrued income490/1 | - | €173 | - | €100 | €181 | ▲ 81.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30,647 | €19,337 | €23,119 | €28,106 | €54,557 | ▲ 94.1% |
| Equity10/15 | -€1,041 | -€4,194 | €584 | €9,793 | €12,302 | ▲ 25.6% |
| Contributions10/11 | €11,300 | €11,300 | €11,300 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€12,341 | -€15,494 | -€10,716 | -€8,807 | -€6,298 | ▲ 28.5% |
| Amounts payable17/49 | €31,688 | €23,531 | €22,535 | €18,313 | €42,255 | ▲ 131% |
| Amounts payable after more than one year17 | €4,570 | €3,500 | €14,758 | €10,958 | €35,200 | ▲ 221% |
| Financial debts170/4 | - | €3,500 | €13,577 | €10,350 | €35,200 | ▲ 240% |
| Other amounts payable178/9 | - | - | €1,181 | €608 | - | - |
| Amounts payable within one year42/48 | €21,918 | €20,031 | €7,777 | €7,355 | €7,055 | ▼ 4.1% |
| Financial debts43 | - | - | €373 | - | - | - |
| Credit institutions430/8 | - | - | €373 | - | - | - |
| Trade debts44 | €20,986 | €19,870 | €6,669 | €4,728 | €3,382 | ▼ 28.5% |
| Suppliers440/4 | - | €19,870 | €6,669 | €4,728 | €3,382 | ▼ 28.5% |
| Taxes, remuneration and social security45 | - | €161 | €735 | €2,627 | €3,673 | ▲ 39.8% |
| Taxes450/3 | - | €161 | €735 | €2,627 | €3,673 | ▲ 39.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,719 | -€3,153 | €4,778 | €1,909 | €2,509 | ▲ 31.4% |
| + Depreciation and write-downs630 | €1,881 | €1,993 | €2,524 | €2,557 | €4,862 | ▲ 90.1% |
| Operating cash flow (approximation) | -€3,838 | -€1,160 | €7,302 | €4,466 | €7,371 | ▲ 65.0% |
| Investment in fixed assets (approximation) | - | €851 | -€6,500 | -€350 | -€21,055 | ▼ 5,916% |
| Change in cash | - | -€3,240 | -€672 | €8,701 | €659 | ▼ 92.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 268 days late
2022
31-12
Financial
Back to profitnet €4,778
Net result €4,778 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.69
Current ratio from 0.67 to 1.69; short-term debt falls from €20,031 to €7,777.
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 349 days late
2020
31-12
Financial
Weakest financial yearnet -€5,719
Net result drops to -€5,719, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Back to profitnet €4,195
Net result €4,195 after one loss-making year.
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 34 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 122 days late
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bierbeek · 2 establishment units since 2014
Ground area
1,017 m²
Building footprint
283 m²
Volume, LiDAR
1,733 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
het snuisterhuis
since 20142.241.949.122
het snuisterhuis
since 20172.264.528.841
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24005D0649/00D016 | Flanders | 731 m² | 1 · 173 m² | 11.0 m · 3 fl. |
| 24053B0399/00R000 | Flanders | 287 m² | 1 · 110 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
3 endedWinkelbediende (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Similar companies · same sector, comparable size
Nicli
BE 0735.695.213
Hasselt · Eq €12,295
Sensano
BE 1023.033.363
Mortsel · Eq €12,287
SAIL AGENCY
BE 0788.460.441
La Bruyère · Eq €12,336
DELILEA
BE 0759.517.720
Ukkel · Eq €12,336
Gentil
BE 0803.166.532
Herentals · Eq €12,347
Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,282 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
61100Wired, wireless and satellite telecommunications
62100Computer programming
62200Computer consultancy and computer facilities management
71209Other technical testing and analysis
82990Other business support services
Contact
Phone
0486503376
E-mail
kor@l-ko.beBierbeek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0552672049
Also
9925:BE0552672049
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.