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L2CARS

Active
Private limited companyfounded 2023active for 3 yearsArthur Coussensstraat(ICH) 48, 8480 Ichtegem, BelgiumKBO/BCE: BE 0798.927.434
Summary

L2CARS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,889 and a net result of €9,313. Its solvency ranks better than 94% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-02-2023 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811
Establishment unit
2.342.692.530 8480 Ichtegem, since 28-02-2023
Financial year end
31 December
Peppol
Reachable since 02-02-2026

Board and ownership

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€11,648
Turnover
≈ €180,000
estimated
Profit
€9,313
Equity
€34,889
▲ 36.4%
Total assets
€38,964
▲ 44.5%
Filed on 02-06-2026, 59 days before the deadline
Score breakdownraises riskSize: total assets €38,964Founded in 2023lowers riskLiquidity: current ratio 9.56, cash €24,914Equity €34,889 (89.5% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 90% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 89.5% of total assets
Liquidity 100=
short-term debt 10.5% · cash 63.9%
Profitability 97+97
return on assets 23.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 5.0% 01-2025: 5.1%▲ +0.1 percentage points vs 12-2024 02-2025: 5.5%▲ +0.4 percentage points vs 01-2025highest value 03-2025: 5.5%● unchanged vs 02-2025highest value 04-2025: 5.5%● unchanged vs 03-2025highest value 05-2025: 5.5%● unchanged vs 04-2025highest value 06-2025: 3.2%▼ -2.3 percentage points vs 05-2025 07-2025: 0.5%▼ -2.7 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%▼ -0.3 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.56 (19.48 in 2024), above the usual 1.5. Short-term debt is 10.5% and cash 63.9% of total assets. 10.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 97% on liquidity, 90% on profitability and 82% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 9.56, cash €24,914
NBB · annual accounts
raises risk · Size: total assets €38,964
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €34,889 (89.5% of total assets)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 02-06-2026, 59 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
59 days early
2024
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 49 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Higher solvency than 94% of companies in retail tradesector median 33.2% · 22,726 companies 89.5% View

Recent changes

  1. · Gazette deed Registered office moved from Torhout to Ichtegem
  2. · Gazette deed IncorporationStarting capital €30,000 · Appointment: LIEVENS David Marijntje Etienne (director)
All 5 events

Comparable companies

These companies have the same main activity as L2CARS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €29,600 and €51,000, founded in 2023.

CompanyTotal assetsGross margin
L2CARS Ichtegem€38,964€11,648
JASON MOTORS Kortrijk€47,060€14,147
SAJ LIBAN Ternat€39,236€13,230
Auto Service Le Maire Essen€29,560€10,697
KDS CARS Maasmechelen€51,035€14,082
SBH CARS Sint-Pieters-Leeuw€43,110€7,821
Car drive Asse€30,885€11,076
Full comparison

Key facts about L2CARS

What is the company number of L2CARS?
The company number of L2CARS is 0798.927.434. The VAT number is the same number with BE in front: BE 0798.927.434.
Where is L2CARS based?
The registered office is at Arthur Coussensstraat(ICH) 48, 8480 Ichtegem.Company details
What does L2CARS do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of L2CARS?
The legal form of L2CARS is Private limited company (BV).
When was L2CARS founded?
L2CARS was founded on 28-02-2023.
Is L2CARS still active?
Yes, L2CARS is an active enterprise in the KBO register.
What is the turnover of L2CARS?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €11,648 and 73 comparable companies (NACE 47811). It probably lies between €89,000 and €530,000. It is a rough estimate.Financials
Is L2CARS profitable?
In financial year 2025, L2CARS made a profit of €9,313.
Where can I find the annual accounts of L2CARS?
L2CARS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of L2CARS due?
L2CARS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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