LAARA
Judicial reorganisationSummary
The file of LAARA contains 2 judicial reorganisation notices, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show equity of €17,514 and a net result of -€13,491. Equity is shrinking by ~39.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 39% of 6545 sector peers (fiscal year 2024).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Hainaut, Charleroi division
- Opened
- 19 December 2025
- Track
- Reorganisation by collective agreement
- Docket number
- 20250068
- Moratorium until
- 19 May 2026 (passed; an extension would be in a later judgment)
- Creditors' vote
- 11 May 2026
- Delegated judge
- Thierry Lejuste
- Official Gazette
- 29-12-2025 (pdf) ↗search the document for 2025/154192
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-7
Solvency49▼-11
Growth33▼-22
Track record54
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity tight (current ratio 1.32 against 1.53 in 2023; short-term debt: 76% and cash: 2.6% of total assets), and 76% of the assets are financed with debt.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
222324
2022 to 2024 · latest year -€13,491
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 15-12-2025, 137 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
137 d late
2023
308 d late
2022
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 199 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Are there other customers at risk in your own list?Process a list How is the Non-specialised retail sale with food, beverages or tobacco predominating sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€118,300▼ 21.6%
2023 · €150,831
EBIT margin
-10.7%▼ 3.5pp
2023 · -7.2%
Net result
-€13,491▼ 22.8%
2023 · -€10,987
Working capital
€17,514▼ 43.5%
2023 · €31,005
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Turnover€116,809-€150,831▲ 29.1%€118,300▼ 21.6%
Operating result€4,396--€10,837-€12,669▼ 16.9%
Net result€4,359within the sector's middle half--€10,987below the sector's middle half-€13,491below the sector's middle half▼ 22.8%
EBIT margin3.8%--7.2%▼ 10.9pp-10.7%▼ 3.5pp
Equity€41,993below the sector's middle half-€31,005below the sector's middle half▼ 26.2%€17,514below the sector's middle half▼ 43.5%
Total assets€76,393below the sector's middle half-€89,381below the sector's middle half▲ 17.0%€73,090below the sector's middle half▼ 18.2%
Debt€34,400-€58,375▲ 69.7%€55,576▼ 4.8%
Working capital€41,993within the sector's middle half-€31,005within the sector's middle half▼ 26.2%€17,514within the sector's middle half▼ 43.5%
Solvency55.0%above the sector's middle half-34.7%within the sector's middle half▼ 20.3pp24.0%within the sector's middle half▼ 10.7pp
Current ratio2.22within the sector's middle half-1.53within the sector's middle half▼ 0.691.32within the sector's middle half▼ 0.22
Return on assets (ROA)5.7%within the sector's middle half--12.3%below the sector's middle half▼ 18.0pp-18.5%below the sector's middle half▼ 6.2pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,669 in 2024 against €10,837 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €73,090
Equity
€17,514 ▼ 43.5%
Debt
€55,576 ▼ 4.8%
Debt's share of the balance-sheet total rises from 65.3% to 76.0%. Equity and debt are lower.
Key figures and ratios
Quick ratio
0.20▲
2023 · 0.02
Debt to equity
3.17▲
2023 · 1.88
ROE
-77.0%▼
2023 · -35.4%
Debt ≤ 1 year
€55,576▼
2023 · €58,375
Income taxes
€559
Staff costs
€35,677▲
2023 · €20,829
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €116,809 | €150,831 | €118,300 | ▼ 21.6% |
| Goods, raw materials, services and sundry goods60/61 | €111,765 | €140,563 | €92,208 | ▼ 34.4% |
| Remuneration, social security and pensions62 | - | €20,829 | €35,677 | ▲ 71.3% |
| Other operating charges640/8 | €648 | €276 | €3,084 | ▲ 1,018% |
| Gross operating margin9900 | €5,044 | €10,268 | €26,092 | ▲ 154% |
| Operating profit (loss)9901 | €4,396 | -€10,837 | -€12,669 | ▼ 16.9% |
| Financial charges65/66B | €37 | €151 | €263 | ▲ 74.9% |
| Recurring financial charges65 | €37 | €151 | €263 | ▲ 74.9% |
| Profit (loss) for the period before taxes9903 | €4,359 | -€10,987 | -€12,932 | ▼ 17.7% |
| Income taxes67/77 | - | - | €559 | - |
| Profit (loss) for the period9904 | €4,359 | -€10,987 | -€13,491 | ▼ 22.8% |
| Profit (loss) for the period to be appropriated9905 | €4,359 | -€10,987 | -€13,491 | ▼ 22.8% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €76,393 | €89,381 | €73,090 | ▼ 18.2% |
| Current assets29/58 | €76,393 | €89,381 | €73,090 | ▼ 18.2% |
| Stocks and contracts in progress3 | €71,455 | €88,048 | €61,932 | ▼ 29.7% |
| Stocks30/36 | €71,455 | €88,048 | €61,932 | ▼ 29.7% |
| Amounts receivable within one year40/41 | €1,751 | - | €9,234 | - |
| Trade receivables40 | - | - | €9,234 | - |
| Other amounts receivable41 | €1,751 | - | - | - |
| Cash at bank and in hand54/58 | €3,186 | €1,333 | €1,924 | ▲ 44.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €76,393 | €89,381 | €73,090 | ▼ 18.2% |
| Equity10/15 | €41,993 | €31,005 | €17,514 | ▼ 43.5% |
| Contributions10/11 | €41,370 | €41,370 | €41,370 | = |
| Capital10 | €41,370 | €41,370 | €41,370 | = |
| Issued capital100 | €41,370 | €41,370 | €41,370 | = |
| Profit (loss) carried forward14 | €623 | -€10,365 | -€23,856 | ▼ 130% |
| Amounts payable17/49 | €34,400 | €58,375 | €55,576 | ▼ 4.8% |
| Amounts payable within one year42/48 | €34,400 | €58,375 | €55,576 | ▼ 4.8% |
| Trade debts44 | €34,400 | €44,383 | €8,216 | ▼ 81.5% |
| Suppliers440/4 | €34,400 | €44,383 | €8,216 | ▼ 81.5% |
| Taxes, remuneration and social security45 | - | €9,992 | €39,311 | ▲ 293% |
| Taxes450/3 | - | €2,756 | €11,471 | ▲ 316% |
| Remuneration and social security454/9 | - | €7,236 | €27,839 | ▲ 285% |
| Other amounts payable47/48 | - | €4,000 | €8,050 | ▲ 101% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,359 | -€10,987 | -€13,491 | ▼ 22.8% |
| Operating cash flow (approximation) | €4,359 | -€10,987 | -€13,491 | ▼ 22.8% |
| Change in cash | - | -€1,854 | €592 | ▲ 132% |
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
2026
04-06
State Gazette act
Resignation: LAACHOUB Abdesslam (director)Appointment: RAJOUI Mohamed (director) · Share transfer · Shareholding5 facts ▸
State Gazette act
Resignation: LAACHOUB Abdesslam (director)
Appointment: RAJOUI Mohamed (director) · Share transfer · Shareholding5 facts ▸
- General meeting, 01-04-2026
- Share transfer, LAACHOUB Abdesslam → RAJOUI Mohamed
- Director resignation, LAACHOUB Abdesslam (director)
- Director appointment, RAJOUI Mohamed (director)
- Shareholding, 01-04-2026, parts
26-03
Judicial reorganisation
Filing of a new plan authorised
Tribunal de l’entreprise du Hainaut, division Charleroi · collective agreement · event 16-03-2026
2025
29-12
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collective agreement (SME) · event 19-12-2025
15-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 137 days late
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 308 days late
2024
31-12
Financial
Weakest financial yearnet -€13,491
Net result drops to -€13,491, the lowest in the series.
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 153 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
RAJOUI Mohamed
CurrentDirector · since 04-06-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2021
Ground area
552 m²
Building footprint
157 m²
Volume, LiDAR
2,242 m³
Parcel 52026C0314/00C002, Wallonia · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LAARA
since 20212.317.177.075
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52026C0314/00C002 | Wallonia | 552 m² | 1 · 157 m² | 16.5 m · 5 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.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| RAJOUI Mohamed |
|
| LAACHOUB Abdesslam |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 04-06-2026 ↗
- RAJOUI Mohamed 100 shares
Share transfer
act of 04-06-2026 ↗
- LAACHOUB Abdesslam to RAJOUI Mohamed 50 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Recognitions · licences · registrations
Food safety, FASFC
1 siteCharleroi2.317.177.075
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Company details
Identification
Legal formPrivate limited company
Founded06-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0766375917
Also
9925:BE0766375917
Registered
07-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.