L&LG
ActiveSummary
L&LG has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16k and a net result of €5k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▲+83
Solvency61▲+5
Growth56▲+17
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.49 against 1.31 in 2023; short-term debt: 64.4% and cash: 43.4% of total assets), and 64.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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
35.6%
Return on assets
11.2%
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 · 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 31-10-2025, 92 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 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
82 d late
2022
69 d late
2021
92 d late
2020
41 d late
2019
141 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€185k▲ 5.9%
2019 · €175k
2019: €175k
2020: €185k▲ +5.9% vs 2019
2019 → 2020
EBIT margin
2.9%▼ 1.6pp
2019 · 4.5%
2019: 4.5%
2020: 2.9%▼ -35.6% vs 2019
2019 → 2020
Net result
€5k
2023 · €-10k
2018: €938
2019: €2k▲ +113% vs 2018
2020: €2k▼ -19.0% vs 2019
2021: €368▼ -77.3% vs 2020
2022: €-2k▼ -576% vs 2021
2023: €-10k▼ -451% vs 2022lowest in 7 years
2024: €5k▲ +151% vs 2023highest in 7 years
2018 → 2024
Working capital
€14k▲ 94.6%
2023 · €7k
2018: €15k
2019: €16k▲ +8.0% vs 2018highest in 7 years
2020: €15k▼ -5.2% vs 2019
2021: €16k▲ +3.5% vs 2020
2022: €11k▼ -29.3% vs 2021
2023: €7k▼ -35.4% vs 2022lowest in 7 years
2024: €14k▲ +94.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€185k-
Equity€22k-€22k▲ 1.7%€20k▼ 7.9%€11k▼ 47.3%€16k▲ 45.7%
2020: €22k
2021: €22k▲ +1.7% vs 2020highest in 5 years
2022: €20k▼ -7.9% vs 2021
2023: €11k▼ -47.3% vs 2022lowest in 5 years
2024: €16k▲ +45.7% vs 2023
Operating result€5k-€4k▼ 20.9%€3k▼ 35.7%€-7k€12k
2020: €5k
2021: €4k▼ -20.9% vs 2020
2022: €3k▼ -35.7% vs 2021
2023: €-7k▼ -372% vs 2022lowest in 5 years
2024: €12k▲ +267% vs 2023highest in 5 years
Net result€2k-€368▼ 77.3%€-2k€-10k▼ 451%€5k
2020: €2k
2021: €368▼ -77.3% vs 2020
2022: €-2k▼ -576% vs 2021
2023: €-10k▼ -451% vs 2022lowest in 5 years
2024: €5k▲ +151% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €12k after a loss of €7k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets
€2k ▼ 57.6%
Current assets
€42k ▲ 40.1%
Equity and liabilities €44k
Equity
€16k ▲ 45.7%
Debt
€28k ▲ 20.4%
Debt's share of the balance-sheet total falls from 68.6% to 64.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2023 · €-2k
Cash flow
€9k▲
2023 · €-4k
Current ratio
1.49▲
2023 · 1.31
Debt to equity
1.81▼
2023 · 2.19
ROE
31.4%▲
2023 · -89.9%
ROA
11.2%▲
2023 · -28.2%
Interest coverage
38.42▲
2023 · -5.71
Debt ≤ 1 year
€28k▲
2023 · €23k
Income taxes
€8k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€34k€44k▲
Fixed assets21/28€4k€2k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€187€187=
Current assets29/58€30k€42k▲
Amounts receivable within one year40/41€14k€23k▲
Trade receivables40€987-
Other amounts receivable41€13k€23k▲
Cash at bank and in hand54/58€16k€19k▲
Equity and liabilities
Total equity and liabilities10/49€34k€44k▲
Equity10/15€11k€16k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€3k€8k▲
Amounts payable17/49€23k€28k▲
Amounts payable within one year42/48€23k€28k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€20k€21k▲
Taxes450/3€17k€21k▲
Remuneration and social security454/9€4k-
Accrued charges and deferred income492/3€530-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€2k€20k▲
Operating profit (loss)9901€-7k€12k▲
Financial income75/76B€720€916▲
Recurring financial income75€720€916▲
Financial charges65/66B€375€425▲
Recurring financial charges65€375€425▲
Profit (loss) for the period before taxes9903€-7k€13k▲
Income taxes67/77€3k€8k▲
Profit (loss) for the period9904€-10k€5k▲
Profit (loss) for the period to be appropriated9905€-10k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€8k▲
Profit (loss) brought forward from the previous period14P€12k€3k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €185k | - | - | - | - | - |
| Non-recurring operating income76A | - | €5k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €4k | €6k | €5k | €4k | ▼ 22.0% |
| Other operating charges640/8 | - | €3k | €10k | €4k | €4k | ▲ 2.4% |
| Non-recurring operating charges66A | - | €496 | - | - | - | - |
| Gross operating margin9900 | €21k | €12k | €19k | €2k | €20k | ▲ 1,032% |
| Operating profit (loss)9901 | €5k | €4k | €3k | €-7k | €12k | ▲ 267% |
| Financial income75/76B | - | €900 | €834 | €720 | €916 | ▲ 27.2% |
| Recurring financial income75 | €1k | €900 | €834 | €720 | €916 | ▲ 27.2% |
| Financial charges65/66B | - | €257 | €266 | €375 | €425 | ▲ 13.3% |
| Recurring financial charges65 | €193 | €257 | €266 | €375 | €425 | ▲ 13.3% |
| Profit (loss) for the period before taxes9903 | €7k | €5k | €3k | €-7k | €13k | ▲ 282% |
| Income taxes67/77 | €5k | €4k | €5k | €3k | €8k | ▲ 197% |
| Profit (loss) for the period9904 | €2k | €368 | €-2k | €-10k | €5k | ▲ 151% |
| Profit (loss) for the period to be appropriated9905 | €2k | €368 | €-2k | €-10k | €5k | ▲ 151% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38k | €39k | €37k | €34k | €44k | ▲ 28.3% |
| Fixed assets21/28 | €7k | €7k | €9k | €4k | €2k | ▼ 57.6% |
| Intangible fixed assets21 | - | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €6k | €6k | €9k | €4k | €2k | ▼ 60.3% |
| Furniture and vehicles24 | - | €6k | €9k | €4k | €2k | ▼ 60.3% |
| Financial fixed assets28 | €187 | €187 | €187 | €187 | €187 | = |
| Current assets29/58 | €31k | €32k | €27k | €30k | €42k | ▲ 40.1% |
| Amounts receivable within one year40/41 | €16k | €14k | €13k | €14k | €23k | ▲ 63.3% |
| Trade receivables40 | - | €2k | €520 | €987 | - | - |
| Other amounts receivable41 | - | €12k | €12k | €13k | €23k | ▲ 75.5% |
| Cash at bank and in hand54/58 | €15k | €19k | €15k | €16k | €19k | ▲ 19.5% |
| Deferred charges and accrued income490/1 | - | - | €202 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38k | €39k | €37k | €34k | €44k | ▲ 28.3% |
| Equity10/15 | €22k | €22k | €20k | €11k | €16k | ▲ 45.7% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €14k | €14k | €12k | €3k | €8k | ▲ 183% |
| Amounts payable17/49 | €16k | €17k | €16k | €23k | €28k | ▲ 20.4% |
| Amounts payable within one year42/48 | €16k | €17k | €16k | €23k | €28k | ▲ 23.1% |
| Trade debts44 | €4k | €3k | €1k | €3k | €7k | ▲ 190% |
| Suppliers440/4 | - | €3k | €1k | €3k | €7k | ▲ 190% |
| Taxes, remuneration and social security45 | - | €14k | €15k | €20k | €21k | ▲ 2.3% |
| Taxes450/3 | - | €14k | €15k | €17k | €21k | ▲ 23.4% |
| Remuneration and social security454/9 | - | - | - | €4k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €530 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €368 | €-2k | €-10k | €5k | ▲ 151% |
| + Depreciation and write-downs630 | €3k | €4k | €6k | €5k | €4k | ▼ 22.0% |
| Operating cash flow (approximation) | €5k | €5k | €5k | €-4k | €9k | ▲ 302% |
| Investment in fixed assets (approximation) | - | €-4k | €-9k | €0 | €-2k | - |
| Change in cash | - | €4k | €-4k | €1k | €3k | ▲ 142% |
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
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
2020
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 141 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Waterloo · 1 establishment unit since 2013
Ground area
953 m²
Building footprint
109 m²
Volume, LiDAR
598 m³
Parcel 25764Q0027/00F000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
L&LG
since 20132.224.968.974
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0027/00F000 | Wallonia | 953 m² | 1 · 109 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 6,155 companies in sector 46190 we hold annual accounts for 2,571. 1,545 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
Founded10-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.