Equity
-€16,963
Debts exceed assets in financial year 2025.
L2MG
Lifetime
6 annual accounts with figures on one time axispeak €98,032 (2021)
-€8,308▲ €2,430
lowest -€51,978 (2023)
-€15,222▲ €12,788
peak €91,463 (2021)
-€16,963▼ €15,222
€26,867▼ 5.8%
peak 1.7 FTE (2020)
-not published
Board2 names since 2019
-
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€10,738 to -€8,308Loss of €15,222Registered office moved from Ham Sur Heure to Ransart 16-12Equity from -€1,741 to -€16,963Cash from €13,751 to €952
Key points
from the 2025 annual accountsLosses
-€108,426 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€26,867 271% of the balance sheet
Suppliers 4%Taxes and wages 1%Other 95%
Liquidity
0.32 was 0.88 in 2024
Short-term debts fell from €28,510 to €26,867.
Filings
6 annual accounts 6 late
The 2022 accounts came latest: 142 days after the end of the period.
Position in the sector
-171.3%
Lower solvency than 92% of companies in food and beverage service. Sector median 29.5% · 17,158 companies.
Turnover not published (micro format)
Checked score
32
Weak
Financially stronger than 7% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.7%
01-2025: 6.6%▼ -0.1 percentage points vs 12-2024
02-2025: 6.6%● unchanged vs 01-2025
03-2025: 6.5%▼ -0.1 percentage points vs 02-2025
04-2025: 6.3%▼ -0.2 percentage points vs 03-2025
05-2025: 6.4%▲ +0.1 percentage points vs 04-2025
06-2025: 6.4%● unchanged vs 05-2025
07-2025: 6.4%● unchanged vs 06-2025
08-2025: 7.4%▲ +1.0 percentage point vs 07-2025
09-2025: 7.5%▲ +0.1 percentage points vs 08-2025
10-2025: 8.1%▲ +0.6 percentage points vs 09-2025
11-2025: 8.1%● unchanged vs 10-2025
12-2025: 4.6%▼ -3.5 percentage points vs 11-2025lowest value
01-2026: 7.3%▲ +2.7 percentage points vs 12-2025
02-2026: 7.3%● unchanged vs 01-2026
03-2026: 7.1%▼ -0.2 percentage points vs 02-2026
04-2026: 7.3%▲ +0.2 percentage points vs 03-2026
05-2026: 7.4%▲ +0.1 percentage points vs 04-2026
06-2026: 7.2%▼ -0.2 percentage points vs 05-2026
07-2026: 7.4%▲ +0.2 percentage points vs 06-2026
08-2026: 8.4%▲ +1.0 percentage point vs 07-2026highest value
09-2026: 6.5%▼ -1.9 percentage points vs 08-2026
10-2026: 6.5%● unchanged vs 09-2026
11-2026: 6.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
1 change of registered office in 24 months
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €9,905
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 56, micro). It does better than 9% of them on solvency, 11% on liquidity, 8% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as L2MG has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of L2MG itself: 6.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,008 companies, not a prediction for L2MG. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.32 (0.88 in 2024), below 1. Short-term debt is 271.3% and cash 9.6% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€16,963
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
31 days late
2024
92 days late
2023
22 days late
2022
142 days late
2021
31 days late
2020
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 58 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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. The company usually files around 31 August (4 of the last 5 accounts filed within 61 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0739864035
Registered office moved from Ham Sur Heure to Ransart
New registered office: Rue Croquet 49 à 6043 Ransart · Previous registered office: GRAND PLACE 16, 6120 HAM SUR HEURE · General meeting of 01.11.25 · Gazette deed
Incorporation
Founding capital of €15,000, 100 shares · Founder: SCHEPENS Lauralie · Appointments: SCHEPENS Lauralie (director) and TOURNAY Stéphane Jean-Pol (director) · published on 24-12-2019 · Gazette deed
First establishment
Aromes A Rome, Rue Croquet 49, Charleroi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| L2MG Charleroi | €9,905 | -€8,308 | -171.3% | - |
| YUMYUM Leuven | €9,866 | -€2,163 | 99.1% | - |
| BENI ZNASSEN Molenbeek-Saint-Jean | €10,273 | -€8,620 | 74.1% | - |
| Twilight Belgium Ghent | €10,870 | -€2,882 | -759.3% | - |
| SIMONA'S Antwerp | €11,205 | -€543 | 33.0% | - |
| ORIGINAL FOOD Brussels | €11,152 | -€20,045 | -199.3% | - |
| CELIK C Asse | €11,599 | -€12,161 | -105.7% | - |
These companies have the same main activity as L2MG: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €9,870 and €11,600, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 20-12-2019Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.296.887.7446043 Charleroi, since 20-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2026
Insights on L2MG
L2MG files the micro format. That format states no turnover. The gross margin fell from €95,304 in 2020 to -€8,308 in 2025.
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 L2MG
- What is the company number of L2MG?
- The company number of L2MG is 0739.864.035. The VAT number is the same number with BE in front: BE 0739.864.035.
- Where is L2MG based?
- The registered office is at Rue Croquet 49, 6043 Charleroi.Company details
- What does L2MG do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of L2MG?
- L2MG is a private limited company (BV).
- When was L2MG founded?
- L2MG was founded on 20-12-2019.
- Is L2MG still active?
- Yes, L2MG is an active enterprise in the KBO register.
- How many employees does L2MG have?
- L2MG had an average of 3.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of L2MG?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is L2MG profitable?
- In financial year 2025, L2MG made a loss of €15,222.
- Where can I find the annual accounts of L2MG?
- L2MG filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of L2MG due?
- L2MG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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