Equity
-€16,669
Debts exceed assets in financial year 2025.
L.Y.N
Lifetime
1 annual account with figurespeak €46,687 (2025)
€46,687
lowest -€26,669 (2025)
-€26,669
peak -€16,669 (2025)
-€16,669
€51,388
Board1 name since 2025
1 director
Documentsfilings and deeds
07-09-202638 days late
2025micro format
Loss of €26,669Incorporation 13-061 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€51,388 148% of the balance sheet
Suppliers 7%Taxes and wages 61%Other 32%
Position in the sector
-€26,669
Lower net result than 90% of companies in food and beverage service. Sector median €4,675 · 18,476 companies.
2025 accounts filed 38 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,322 companies had the same profile as L.Y.N has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,322 companies, not a prediction for L.Y.N. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
- 60 sharesdeed of 13-06-2025
- 40 sharesdeed of 13-06-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1024202412
First establishment
Trierstraat 40, Ixelles
Incorporation
Founding capital of €10,000, 100 shares · Founders: and · Appointment: (director) · published on 13-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| L.Y.N Ixelles | - | - | -48.0% | - |
| BH & CO Jette | - | - | 21.0% | - |
| EMIRNEHIR Lier | - | - | 57.0% | - |
| CAZADOR Bruges | - | - | 44.6% | - |
| Alphonsebrown Ixelles | €241,368 | -8.9% | -9.5% | - |
| FOODIES INVEST Brussels | - | - | -0.5% | - |
| S&M KITCHEN Sint-Gillis (bij-Brussel) | €318,203 | -1.3% | 18.6% | - |
These companies have the same main activity as L.Y.N: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €29,700 and €37,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 11-06-2025Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Establishment unit
- 2.375.708.1621050 Ixelles, since 01-07-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 25-12-2025
Annual accounts 2025
- ≈ €250,000estimated
- €34,719
- ≈ 2 FTEestimated
- Filing
- Filed on 07-09-2026
Insights on L.Y.N
The 2025 annual accounts show negative equity (-€16,669) and a net result of -€26,669. Its solvency ranks better than 15% of 18,509 sector peers (NACE 56, financial year 2025).
The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about L.Y.N
- What is the company number of L.Y.N?
- The company number of L.Y.N is 1024.202.412. The VAT number is the same number with BE in front: BE 1024.202.412.
- Where is L.Y.N based?
- The registered office is at Trierstraat 40, 1050 Ixelles.Company details
- What does L.Y.N do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of L.Y.N?
- L.Y.N is a private limited company (BV).
- When was L.Y.N founded?
- L.Y.N was founded on 11-06-2025.
- Is L.Y.N still active?
- Yes, L.Y.N is an active enterprise in the KBO register.
- What is the turnover of L.Y.N?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €46,687 and 66 comparable companies (NACE 56112). It probably lies between €200,000 and €340,000.Financials
- Is L.Y.N profitable?
- In financial year 2025, L.Y.N made a loss of €26,669.
- Where can I find the annual accounts of L.Y.N?
- L.Y.N filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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