L KoKo
ActiveThe computed 12-month bankruptcy probability of L KoKo is 2.2% (moderate). The 2024 annual accounts show negative equity (€-19k) and a net result of €-21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 18942 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency2▼-29
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8 against 0.96 in 2023; short-term debt: 122.6% of total assets), and equity is negative.
Credit advice for your own amount and term
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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
-22.6%
Return on assets
-24.3%
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
31 d early
2021
41 d early
2020
3 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-19k
2023 · €2k
2018: €-66k
2019: €-25k
2020: €-13k
2021: €8k
2022: €20k
2023: €2k
2018 → 2024
Total assets
€86k▲ 245%
2023 · €25k
2018: €14k
2019: €42k
2020: €25k
2021: €14k
2022: €37k
2023: €25k
2018 → 2024
Net result
€-21k▼ 14.2%
2023 · €-18k
2018: €16k
2019: €41k
2020: €12k
2021: €21k
2022: €12k
2023: €-18k
2018 → 2024
Working capital
€-21k▼ 1,973%
2023 · €-1,000
2018: €-74k
2019: €-55k
2020: €-28k
2021: €5k
2022: €16k
2023: €-1,000
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-13k-€8k€20k▲ 161%€2k▼ 92.4%€-19k
Operating result€13k-€22k▲ 72.5%€13k▼ 40.3%€-18k€-20k▼ 11.4%
Net result€12k-€21k▲ 71.4%€12k▼ 40.9%€-18k€-21k▼ 14.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2024 against €18k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €86k
Fixed assets
€1k▼ 46.3%
Current assets
€84k▲ 278%
Key figures and ratios
EBITDA
€-19k▼
2023 · €-17k
Cash flow
€-20k▼
2023 · €-17k
Solvency
-22.6%▼
2023 · 6.1%
Current ratio
0.80▼
2023 · 0.96
Quick ratio
0.68▲
2023 · 0.41
Debt / equity
-5.43▼
2023 · 15.47
ROA
-24.3%▲
2023 · -73.6%
Interest coverage
-21.48▲
2023 · -27.04
Debt
€105k▲
2023 · €23k
Debt ≤ 1 year
€105k▲
2023 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€25k€86k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€22k€84k▲
Stocks and contracts in progress3€13k€13k=
Stocks30/36€13k€13k=
Amounts receivable within one year40/41€10k€69k▲
Trade receivables40€10k€63k▲
Other amounts receivable41-€6k
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€25k€86k▲
Equity10/15€2k€-19k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-17k€-38k▼
Amounts payable17/49€23k€105k▲
Amounts payable within one year42/48€23k€105k▲
Financial debts43€4k€42k▲
Credit institutions430/8€4k€42k▲
Trade debts44€5k€54k▲
Suppliers440/4€5k€54k▲
Taxes, remuneration and social security45€3k€9k▲
Taxes450/3€3k€9k▲
Other amounts payable47/48€12k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€58€308▲
Non-recurring operating charges66A€296€500▲
Gross operating margin9900€-17k€-18k▼
Operating profit (loss)9901€-18k€-20k▼
Financial income75/76B€365€82▼
Recurring financial income75€365€82▼
Financial charges65/66B€624€881▲
Recurring financial charges65€624€881▲
Profit (loss) for the period before taxes9903€-18k€-21k▼
Profit (loss) for the period9904€-18k€-21k▼
Profit (loss) for the period to be appropriated9905€-18k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-38k▼
Profit (loss) brought forward from the previous period14P€1k€-17k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 7current ratio 1.78
Current ratio from 0.27 to 1.78; short-term debt falls from €38k to €6k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €41k ▲150%
Operating result €42k, net result €41k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
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.
Directors · office · real estate
Directors
2 acts for this company are 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, Merchtem · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kouter 1191785 MerchtemGround area
216 m²
Building footprint
90 m²
Volume, LiDAR
619 m³
Parcel 23052D0280/00H004, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L KOKO
since 19972.081.760.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23052D0280/00H004 | Flanders | 216 m² | 1 · 90 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 2,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-1997
Fiscal year end31-12
Activities, NACEBEL
55301
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.