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LA LORRAINE ERPE-MERE

Active
Public limited companyfounded 1988active for 38 yearsJoseph Cardijnstraat 52, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0435.367.276
Summary

The computed 12-month bankruptcy probability of LA LORRAINE ERPE-MERE is 2.7% (moderate). The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€14.1m. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 9% of 790 sector peers (NACE 10, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-09-1988 Normal situation
Activity
Manufacture of food products NACE 10711
Joint committees
220 Paritair Comité voor de bedienden uit de voedingsnijverheid
118 Paritair Comité voor de voedingsnijverheid · annual accounts 2022
Establishment units
2.040.455.574 9420 Erpe-Mere, since 12-10-1988
2.375.988.670 9420 Erpe-Mere, since 01-01-2025
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Board and ownership

Board
and 1 other
Shareholders

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.7%
Annual accounts 2025
Turnover
€225.2m
Loss
€14.1m
Equity
-€1.1m
Total assets
€195.7m
Staff
321.5 FTE
  • Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€1.1mLiquidity: current ratio 0.82, cash €2,424, halvedSector: Manufacture of food products (NACE 10)Loss of €14.1m, the second in a row (financial year 2025)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 25% of large companies in food products (NACE 10)
Financial strength · tick: 2023
Weak
Solvency 24-19
equity -0.6% of total assets
Liquidity 34+29
short-term debt 36.2% · cash 0.0%
Profitability 28-5
return on assets -7.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (62 companies, NACE 10, large)
Last 24 months 12-2024: 1.2%lowest value 01-2025: 1.3%▲ +0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.4%▲ +0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.3 percentage points vs 07-2025 09-2025: 2.4%▲ +0.5 percentage points vs 08-2025 10-2025: 3.4%▲ +1.0 percentage point vs 09-2025 11-2025: 3.4%● unchanged vs 10-2025 12-2025: 3.4%● unchanged vs 11-2025 01-2026: 4.5%▲ +1.1 percentage points vs 12-2025highest value 02-2026: 4.5%● unchanged vs 01-2026highest value 03-2026: 4.5%● unchanged vs 02-2026highest value 04-2026: 4.0%▼ -0.5 percentage points vs 03-2026 05-2026: 4.0%● unchanged vs 04-2026 06-2026: 2.7%▼ -1.3 percentage points vs 05-2026 07-2026: 2.7%● unchanged vs 06-2026 08-2026: 2.7%● unchanged vs 07-2026 09-2026: 2.7%● unchanged vs 08-2026 10-2026: 2.7%● unchanged vs 09-2026 11-2026: 2.7%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.82 (0.46 in 2023), below 1. Short-term debt is 36.2% and cash 0% of total assets. Equity is negative.
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 10, large). It does better than 5% of them on solvency, 53% on liquidity and 16% on profitability.

The bankruptcy probability was computed on 03-11-2026 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

Six signals.
raises riskneutral
raises risk · Negative equity -€1.1m
NBB · annual accounts
raises risk · Liquidity: current ratio 0.82, cash €2,424, halved
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Loss of €14.1m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192021222325
2018 to 2025 · latest year -€1.1m
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 days early
2024
65 days early
2023
65 days early
2022
76 days early
2021
67 days early
2020
72 days early
2019
72 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 70 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% 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 25 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€1.1m View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€14.1m View
  • Caution: Lower net result than 95% of companies in food productssector median €135,029 · 793 companies -€14.1m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €401,931 View

Recent changes

  1. · Gazette deed Appointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
  2. · Gazette deed Resignation: E & SV bv (director)Permanent representatives: Eddy Verbeure, Guido Vanherpe and 2 others
  3. · Gazette deed 2 directors appointed, 2 directors resigning, 1 reappointedResignations: LLBG NV (director) and Shauri BV (director) · Appointments: LLBG NV (director) and Shauri BV (director) · Permanent representatives: Guido Vanherpe and Marc Vanherpe
All 41 events

Comparable companies

These companies have the same main activity as LA LORRAINE ERPE-MERE: manufacture of food products (NACE 10711). They are comparable in size and age: total assets between €37m and €129m, founded between 1983 and 1997.

CompanyTotal assetsTurnover
LA LORRAINE ERPE-MERE Erpe-Mere€195.7m€225.2m
N.V. Biscuits DELACRE S.A. Watermaal-Bosvoorde€128.6m€127.2m
LANTMANNEN UNIBAKE LONDERZEEL Londerzeel€102.3m€234.1m
Lantmännen Unibake Mouscron Mouscron€85.4m€103.7m
CRELEM BAKERIES Dilsen-Stokkem€47.8m€90.7m
AVIETA Wanze€44.7m€57.8m
INTERWAFFLES Courcelles€36.7m€60.7m
Full comparison

Key facts about LA LORRAINE ERPE-MERE

What is the company number of LA LORRAINE ERPE-MERE?
The company number of LA LORRAINE ERPE-MERE is 0435.367.276. The VAT number is the same number with BE in front: BE 0435.367.276.
Where is LA LORRAINE ERPE-MERE based?
The registered office is at Joseph Cardijnstraat 52, 9420 Erpe-Mere.Company details
What does LA LORRAINE ERPE-MERE do?
According to the KBO register, the main activity is manufacture of food products (NACE 10711).
What is the legal form of LA LORRAINE ERPE-MERE?
The legal form of LA LORRAINE ERPE-MERE is Public limited company (NV).
When was LA LORRAINE ERPE-MERE founded?
LA LORRAINE ERPE-MERE was founded on 20-09-1988.
Is LA LORRAINE ERPE-MERE still active?
Yes, LA LORRAINE ERPE-MERE is an active enterprise in the KBO register.
How many employees does LA LORRAINE ERPE-MERE have?
LA LORRAINE ERPE-MERE had an average of 321.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LA LORRAINE ERPE-MERE fall under?
In its 2022 annual accounts, LA LORRAINE ERPE-MERE states joint committees 220 (Paritair Comité voor de bedienden uit de voedingsnijverheid) and 118 (Paritair Comité voor de voedingsnijverheid).
What is the turnover of LA LORRAINE ERPE-MERE?
The turnover of LA LORRAINE ERPE-MERE was €225.2m in financial year 2025, according to the filed annual accounts.
Is LA LORRAINE ERPE-MERE profitable?
In financial year 2025, LA LORRAINE ERPE-MERE made a loss of €14.1m.
Where can I find the annual accounts of LA LORRAINE ERPE-MERE?
LA LORRAINE ERPE-MERE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LA LORRAINE ERPE-MERE due?
LA LORRAINE ERPE-MERE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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