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L'L

Active
Non-profit associationfounded 199036 yrs activeMajoor René Dubreucqstraat 7, 1050 Elsene, BelgiumKBO/BCE: BE 0443.087.486

L'L has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17k and a net result of €-3k. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 4625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
22 / 100
Critical▼ -36 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▼-41
Solvency15▼-5
Growth36▲+2
Stability100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 0.95 in 2023), and 91.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
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 2024
Solvency, return and age of the figures
Solvency
8.1%
Return on assets
-1.4%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4625 sector peers (2024).
NBB · sector comparison
Position among 4625 sector peers
Solvency
better than 14%
← weakest strongest →
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 06-11-2025, 98 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
98 d late
2023
125 d early
2022
111 d early
2021
123 d early
2020
134 d early
2019
149 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, full schema

Turnover
€210k▲ 13.4%
2023 · €185k
2018: €175k 2019: €135k 2020: €119k 2021: €152k 2022: €190k 2023: €185k
2018 → 2024
EBIT margin
-1.4%▼ 3.6pp
2023 · 2.2%
2018: 10.6% 2019: -2.5% 2020: -4.0% 2021: 19.1% 2022: -18.7% 2023: 2.2%
2018 → 2024
Net result
€-3k
2023 · €3k
2018: €19k 2019: €-3k 2020: €-6k 2021: €27k 2022: €-36k 2023: €3k
2018 → 2024
Working capital
€-5k▲ 4.1%
2023 · €-5k
2018: €11k 2019: €49k 2020: €26k 2021: €36k 2022: €-9k 2023: €-5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€119k-€152k▲ 27.8%€190k▲ 24.4%€185k▼ 2.3%€210k▲ 13.4%
Equity€25k-€52k▲ 110%€16k▼ 69.3%€19k▲ 21.3%€17k▼ 14.9%
Operating result€-5k-€29k€-36k€4k€-3k
Net result€-6k-€27k€-36k€3k€-3k
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €-5k€-5kNet result 2020: €-6k€-6kOperating result 2021: €29k€29kNet result 2021: €27k€27kOperating result 2022: €-36k€-36kNet result 2022: €-36k€-36kOperating result 2023: €4k€4kNet result 2023: €3k€3kOperating result 2024: €-3k€-3kNet result 2024: €-3k€-3k20202021202220232024
The operating result turns negative in 2024: a loss of €3k after €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €204k
Fixed assets €101k▲ 152%
Current assets €103k▲ 18.5%
Equity and liabilities €204k
Equity €17k▼ 14.9%
Provisions €50k
Debt €138k▲ 28.0%
The debt ratio falls from 84.7% to 67.4%.
Key figures and ratios
2024 value · change against 2023
EBITDA
€3k
2023 · €9k
Cash flow
€3k
2023 · €8k
Solvency
8.1%
2023 · 15.3%
Current ratio
0.96
2023 · 0.95
Quick ratio
0.96
2023 · 0.95
Debt / equity
8.31
2023 · 5.52
ROE
-17.6%
2023 · 17.5%
ROA
-1.4%
2023 · 2.7%
Interest coverage
2.21
2023 · 5.99
Debt
€138k
2023 · €107k
Debt ≤ 1 year
€107k
2023 · €91k
Debt > 1 year
€12k
2023 · €16k
Staff costs
€461k
2023 · €477k
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€127k€204k
Fixed assets21/28€40k€101k
Tangible fixed assets22/27€38k€100k
Land and buildings22-€67k
Furniture and vehicles24€22k€22k
Leasing and similar rights25€16k€11k
Financial fixed assets28€2k€1k
Current assets29/58€87k€103k
Amounts receivable within one year40/41€29k€52k
Trade receivables40€16k€8k
Other amounts receivable41€13k€43k
Cash at bank and in hand54/58€41k€48k
Deferred charges and accrued income490/1€16k€4k
Equity and liabilities
Total equity and liabilities10/49€127k€204k
Equity10/15€19k€17k
Profit (loss) carried forward14€19k€17k
Provisions and deferred taxes16-€50k
Provisions for liabilities and charges160/5-€50k
Other liabilities and charges164/5-€50k
Amounts payable17/49€107k€138k
Amounts payable after more than one year17€16k€12k
Financial debts170/4€7k€2k
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€91k€107k
Current portion of amounts payable after more than one year42€4k€4k
Trade debts44€14k€1k
Suppliers440/4€14k€1k
Taxes, remuneration and social security45€73k€85k
Taxes450/3€13k€15k
Remuneration and social security454/9€60k€70k
Accrued charges and deferred income492/3-€19k
Income statement Code20232024
Turnover70€185k€210k
Goods, raw materials, services and sundry goods60/61€477k€409k
Remuneration, social security and pensions62€477k€461k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€95€73
Other operating charges640/8€2k€22k
Gross operating margin9900€489k€535k
Operating profit (loss)9901€4k€-3k
Financial income75/76B€839€2k
Recurring financial income75€839€2k
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€1k
Non-recurring financial charges66B-€756
Profit (loss) for the period before taxes9903€3k€-3k
Profit (loss) for the period9904€3k€-3k
Profit (loss) for the period to be appropriated9905€3k€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€17k
Profit (loss) brought forward from the previous period14P€16k€19k
Social balance
Average headcount (FTE)90877.07.0=

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
06-11
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 98 days late
2024
28-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
11-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €-36k ▼232%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
30-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €27k
Net result €27k after 2 loss-making years.
19-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
04-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
07-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
06-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
16-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
14-03
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2013
10-06
State Gazette act General meeting · Director appointment
Director resignation
2012
04-05
State Gazette act General meeting · Statutes amendment
Corporate purpose · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Elsene · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Majoor René Dubreucqstraat 71050 Elsene
Ground area
395 m²
Building footprint
160 m²
Volume, LiDAR
1,540 m³
Parcel 21009A0919/00W000, Brussels · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L'L
Majoor René Dubreucqstraat 7, 1050 ElseneArts creation and performing arts activities
since 20082.196.635.274
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0919/00W000 Brussels 395 m² 1 · 160 m² 14.4 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.

Structure & network

Ownership & control

1 party
L'LBE 0443.087.486
controls
Where this company holds controlthis company sits on their board1

Public money · subsidies and aid

Wallonia-Brussels Federation

2021 to 2025 · 15 entries · 1,521,065 EUR in total
Year Entries paid
2025 4 501,095 EUR
2024 3 471,194 EUR
2023 6 508,168 EUR
2021 2 40,608 EUR
Budget allocations
Conventions et contrats programmes indexés dans le domaine des arts vivants
9 entries · 1,424,947 EUR
Dotation à WBI dans le cadre de la promotion internationale de_x000D_ Bruxelles
2 entries · 44,900 EUR

Similar companies · same sector, comparable size

Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 28,409 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded20-04-1990
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
90202Performing arts by artistic ensembles
92312
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.