L&L
ActiveSummary
The computed 12-month bankruptcy probability of L&L is 3.7% (moderate). The 2025 annual accounts show equity of €173,289 and a net result of €61,832. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 68% of 13683 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-7
Solvency76▼-24
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 5.84 in 2024; short-term debt: 44.5% and cash: 45.6% of total assets), and 48.5% of the assets are financed with debt.
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Signals
Five 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.5%
Return on assets
18.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
64 d early
2024
38 d early
2023
26 d early
2022
25 d late
2021
24 d early
2020
44 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 6 July (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€173,289▼ 24.4%
2024 · €229,104
Total assets
€336,729▲ 21.5%
2024 · €277,149
Net result
€61,832▼ 6.8%
2024 · €66,355
Working capital
€130,108▼ 33.1%
2024 · €194,588
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€114,666▼ 15.5%€113,435▼ 1.1%€67,630▼ 40.4%€95,202▲ 40.8%€89,369▼ 6.1%
Net result€81,624above the sector's middle half▼ 22.8%€85,237above the sector's middle half▲ 4.4%€45,845within the sector's middle half▼ 46.2%€66,355above the sector's middle half▲ 44.7%€61,832above the sector's middle half▼ 6.8%
Equity€259,267above the sector's middle half▲ 45.9%€226,904above the sector's middle half▼ 12.5%€162,749within the sector's middle half▼ 28.3%€229,104above the sector's middle half▲ 40.8%€173,289above the sector's middle half▼ 24.4%
Total assets€365,156above the sector's middle half▲ 2.2%€336,881above the sector's middle half▼ 7.7%€344,965within the sector's middle half▲ 2.4%€277,149above the sector's middle half▼ 19.7%€336,729above the sector's middle half▲ 21.5%
Debt€105,889▼ 41.1%€109,977▲ 3.9%€182,216▲ 65.7%€48,045▼ 73.6%€163,440▲ 240%
Working capital€253,133above the sector's middle half▲ 85.7%€194,127above the sector's middle half▼ 23.3%€124,478within the sector's middle half▼ 35.9%€194,588above the sector's middle half▲ 56.3%€130,108above the sector's middle half▼ 33.1%
Solvency71.0%above the sector's middle half▲ 21.3pp67.4%above the sector's middle half▼ 3.6pp47.2%within the sector's middle half▼ 20.2pp82.7%above the sector's middle half▲ 35.5pp51.5%within the sector's middle half▼ 31.2pp
Current ratio5.56above the sector's middle half▲ 3.283.72above the sector's middle half▼ 1.831.75within the sector's middle half▼ 1.985.84above the sector's middle half▲ 4.091.87within the sector's middle half▼ 3.97
Return on assets (ROA)22.4%within the sector's middle half▼ 7.2pp25.3%above the sector's middle half▲ 2.9pp13.3%within the sector's middle half▼ 12.0pp23.9%above the sector's middle half▲ 10.7pp18.4%above the sector's middle half▼ 5.6pp
Staff (FTE)1.51.7below the sector's middle half▲ 13.3%2▲ 17.6%2=
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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 falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €336,729
Fixed assets
€56,822 ▲ 34.1%
Current assets
€279,907 ▲ 19.2%
Equity and liabilities €336,729
Equity
€173,289 ▼ 24.4%
Debt
€163,440 ▲ 240%
Debt's share of the balance-sheet total rises from 17.3% to 48.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€98,050▼
2024 · €107,943
Cash flow
€70,512▼
2024 · €79,097
Quick ratio
1.81▼
2024 · 5.61
Debt to equity
0.94▲
2024 · 0.21
ROE
35.7%▲
2024 · 29.0%
Interest coverage
11.21▲
2024 · 11.09
Debt ≤ 1 year
€149,799▲
2024 · €40,184
Debt > 1 year
€13,641▲
2024 · €7,861
Income taxes
€23,102▼
2024 · €24,632
Staff costs
€77,104▼
2024 · €86,558
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,975 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €52,335 | €73,942 | €86,558 | €77,104 | ▼ 10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,368 | €12,842 | €17,561 | €12,742 | €8,681 | ▼ 31.9% |
| Other operating charges640/8 | €3,602 | €2,955 | €3,323 | €2,498 | €5,981 | ▲ 139% |
| Gross operating margin9900 | €131,635 | €181,566 | €162,456 | €197,000 | €181,134 | ▼ 8.1% |
| Operating profit (loss)9901 | €114,666 | €113,435 | €67,630 | €95,202 | €89,369 | ▼ 6.1% |
| Financial income75/76B | €4,097 | €4,964 | €5,487 | €5,520 | €4,309 | ▼ 21.9% |
| Recurring financial income75 | €4,097 | €4,964 | €5,487 | €5,520 | €4,309 | ▼ 21.9% |
| Financial charges65/66B | €14,744 | €9,696 | €9,496 | €9,735 | €8,744 | ▼ 10.2% |
| Recurring financial charges65 | €14,144 | €9,696 | €9,496 | €9,735 | €8,744 | ▼ 10.2% |
| Non-recurring financial charges66B | €600 | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €104,018 | €108,702 | €63,621 | €90,987 | €84,934 | ▼ 6.7% |
| Income taxes67/77 | €22,394 | €23,465 | €17,776 | €24,632 | €23,102 | ▼ 6.2% |
| Profit (loss) for the period9904 | €81,624 | €85,237 | €45,845 | €66,355 | €61,832 | ▼ 6.8% |
| Profit (loss) for the period to be appropriated9905 | €81,624 | €85,237 | €45,845 | €66,355 | €61,832 | ▼ 6.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €365,156 | €336,881 | €344,965 | €277,149 | €336,729 | ▲ 21.5% |
| Fixed assets21/28 | €56,453 | €71,497 | €53,937 | €42,377 | €56,822 | ▲ 34.1% |
| Tangible fixed assets22/27 | €56,453 | €71,497 | €53,937 | €42,377 | €56,822 | ▲ 34.1% |
| Plant, machinery and equipment23 | €6,984 | €3,492 | €0 | - | - | - |
| Furniture and vehicles24 | €5,247 | €31,036 | €24,219 | €18,603 | €38,991 | ▲ 110% |
| Other tangible fixed assets26 | €44,222 | €36,970 | €29,717 | €23,774 | €17,830 | ▼ 25.0% |
| Current assets29/58 | €308,704 | €265,384 | €291,028 | €234,772 | €279,907 | ▲ 19.2% |
| Stocks and contracts in progress3 | €9,996 | €9,424 | €12,753 | €9,328 | €9,273 | ▼ 0.6% |
| Stocks30/36 | €9,996 | €9,424 | €12,753 | €9,328 | €9,273 | ▼ 0.6% |
| Amounts receivable within one year40/41 | €216,925 | €179,579 | €233,551 | €127,065 | €111,628 | ▼ 12.1% |
| Trade receivables40 | €68,885 | €10,230 | €10,139 | €16,326 | €9,940 | ▼ 39.1% |
| Other amounts receivable41 | €148,040 | €169,349 | €223,413 | €110,739 | €101,688 | ▼ 8.2% |
| Cash at bank and in hand54/58 | €78,971 | €72,249 | €39,494 | €93,931 | €153,487 | ▲ 63.4% |
| Deferred charges and accrued income490/1 | €2,812 | €4,132 | €5,230 | €4,449 | €5,519 | ▲ 24.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €365,156 | €336,881 | €344,965 | €277,149 | €336,729 | ▲ 21.5% |
| Equity10/15 | €259,267 | €226,904 | €162,749 | €229,104 | €173,289 | ▼ 24.4% |
| Contributions10/11 | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €253,067 | €208,304 | €144,149 | €210,504 | €154,689 | ▼ 26.5% |
| Amounts payable17/49 | €105,889 | €109,977 | €182,216 | €48,045 | €163,440 | ▲ 240% |
| Amounts payable after more than one year17 | €50,319 | €38,720 | €15,665 | €7,861 | €13,641 | ▲ 73.5% |
| Financial debts170/4 | €50,319 | €38,720 | €15,665 | €7,861 | €13,641 | ▲ 73.5% |
| Amounts payable within one year42/48 | €55,570 | €71,257 | €166,551 | €40,184 | €149,799 | ▲ 273% |
| Current portion of amounts payable after more than one year42 | €18,317 | €22,093 | €28,284 | €12,988 | €16,068 | ▲ 23.7% |
| Financial debts43 | €3,060 | €3,122 | €3,185 | €3,249 | €4,133 | ▲ 27.2% |
| Other loans439 | €3,060 | €3,122 | €3,185 | €3,249 | €4,133 | ▲ 27.2% |
| Trade debts44 | €10,824 | €19,804 | €16,761 | €16,367 | €2,644 | ▼ 83.8% |
| Suppliers440/4 | €10,824 | €19,804 | €16,761 | €16,367 | €2,644 | ▼ 83.8% |
| Taxes, remuneration and social security45 | €23,369 | €26,238 | €8,321 | €7,581 | €9,308 | ▲ 22.8% |
| Taxes450/3 | €23,369 | €24,459 | €600 | €1,232 | €3,702 | ▲ 201% |
| Remuneration and social security454/9 | - | €1,779 | €7,721 | €6,349 | €5,605 | ▼ 11.7% |
| Other amounts payable47/48 | - | - | €110,000 | €0 | €117,647 | - |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81,624 | €85,237 | €45,845 | €66,355 | €61,832 | ▼ 6.8% |
| + Depreciation and write-downs630 | €13,368 | €12,842 | €17,561 | €12,742 | €8,681 | ▼ 31.9% |
| Operating cash flow (approximation) | €94,992 | €98,079 | €63,405 | €79,097 | €70,512 | ▼ 10.9% |
| Investment in fixed assets (approximation) | - | -€27,886 | €0 | -€1,182 | -€23,125 | ▼ 1,856% |
| Change in cash | - | -€6,723 | -€32,755 | €54,437 | €59,556 | ▲ 9.4% |
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
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 5.84
Current ratio from 1.75 to 5.84; short-term debt falls from €166,551 to €40,184.
31-12
Financial
Equity above €200,000Eq €229,104 ▲40.8%
6 profitable years in a row build equity to €229,104.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €45,845 ▼46.2%
Net result drops to €45,845, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 5.56
Current ratio from 2.27 to 5.56; short-term debt falls from €107,207 to €55,570.
31-12
Financial
Equity above €200,000Eq €259,267 ▲45.9%
3 profitable years in a row build equity to €259,267.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €105,794 ▲61.1%
Operating result €135,774, net result €105,794, both a record.
Show earlier events
31-12
Financial
Liquidity doublescurrent ratio 2.27
Current ratio from 1.01 to 2.27; short-term debt falls from €120,044 to €107,207.
31-12
Financial
Equity above €150,000Eq €177,643 ▲147%
2 profitable years in a row build equity to €177,643.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Veurne · 2 establishment units since 2018
Ground area
236 m²
Building footprint
219 m²
Volume, LiDAR
1,671 m³
2 parcels, Flanders · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
L&L
since 20182.283.136.510
L&L
since 20192.295.054.345
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025A0538/00D000 | Flanders | 175 m² | 1 · 158 m² | 16.9 m · 3 fl. |
| 38025A0449/00A000 | Flanders | 61 m² | 1 · 61 m² | 15.9 m · 3 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
Food safety, FASFC
2 sitesVeurne2.283.136.510
Veurne2.295.054.345
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Of 7,499 companies in sector 56210 we hold annual accounts for 2,451. 1,813 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
Founded13-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0715796454
Also
9925:BE0715796454
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.