LABARROS
ActiveSummary
The computed 12-month bankruptcy probability of LABARROS is 8.2% (elevated). The 2025 annual accounts show negative equity (-€44,745) and a net result of €4,938. Equity is shrinking by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 823 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
8.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.01 in 2024; short-term debt: 405.7% and cash: 5% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-305.7%
Return on assets
33.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 823 sector peers (2025).
NBB · sector comparisonPosition among 823 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
49 d late
2024
21 d early
2023
19 d early
2022
52 d early
2021
3 d early
2020
93 d late
2019
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4,938
2024 · -€16,746
Working capital
-€55,914▲ 20.6%
2024 · -€70,379
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6,239-€6,714-€11,536▼ 71.8%-€16,463▼ 42.7%€5,376
Net result€4,938within the sector's middle half-€7,128within the sector's middle half-€11,749below the sector's middle half▼ 64.8%-€16,746below the sector's middle half▼ 42.5%€4,938
Equity-€14,060below the sector's middle half▲ 26.0%-€21,188below the sector's middle half▼ 50.7%-€32,937below the sector's middle half▼ 55.4%-€49,683below the sector's middle half▼ 50.8%-€44,745▲ 9.9%
Total assets€102,549within the sector's middle half▲ 81.7%€55,558within the sector's middle half▼ 45.8%€37,409below the sector's middle half▼ 32.7%€21,694below the sector's middle half▼ 42.0%€14,636▼ 32.5%
Debt€116,609▲ 54.6%€76,747▼ 34.2%€70,346▼ 8.3%€71,376▲ 1.5%€59,381▼ 16.8%
Working capital-€80,606below the sector's middle half▼ 99.6%-€71,221below the sector's middle half▲ 11.6%-€67,067below the sector's middle half▲ 5.8%-€70,379below the sector's middle half▼ 4.9%-€55,914▲ 20.6%
Solvency-13.7%below the sector's middle half▲ 20.0pp-38.1%below the sector's middle half▼ 24.4pp-88.0%below the sector's middle half▼ 49.9pp-229.0%below the sector's middle half▼ 141.0pp-305.7%▼ 76.7pp
Current ratio0.31below the sector's middle half▼ 0.090.07below the sector's middle half▼ 0.240.05below the sector's middle half▼ 0.030.01below the sector's middle half▼ 0.030.06▲ 0.04
Return on assets (ROA)4.8%within the sector's middle half▲ 35.8pp-12.8%below the sector's middle half▼ 17.6pp-31.4%below the sector's middle half▼ 18.6pp-77.2%below the sector's middle half▼ 45.8pp33.7%▲ 110.9pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5,376 after a loss of €16,463 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14,636
Fixed assets
€11,169 ▼ 46.0%
Current assets
€3,467 ▲ 248%
Key figures and ratios
EBITDA
€17,454▲
2024 · -€3,029
Cash flow
€17,015▲
2024 · -€3,312
Debt to equity
-1.33▲
2024 · -1.44
Interest coverage
39.81▲
2024 · -10.71
Debt ≤ 1 year
€59,381▼
2024 · €71,376
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.8%
went bankrupt
5.8%
stopped otherwise
89%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 8.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €32,961 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €178 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,321 | €16,513 | €15,903 | €13,434 | €12,078 | ▼ 10.1% |
| Other operating charges640/8 | €872 | €602 | €712 | €1,780 | €1,310 | ▼ 26.4% |
| Gross operating margin9900 | €27,432 | €10,580 | €5,079 | -€1,250 | €18,764 | ▲ 1,601% |
| Operating profit (loss)9901 | €6,239 | -€6,714 | -€11,536 | -€16,463 | €5,376 | ▲ 133% |
| Financial charges65/66B | €1,301 | €414 | €213 | €283 | €438 | ▲ 55.0% |
| Recurring financial charges65 | €1,301 | €414 | €213 | €283 | €438 | ▲ 55.0% |
| Profit (loss) for the period before taxes9903 | €4,938 | -€7,128 | -€11,749 | -€16,746 | €4,938 | ▲ 129% |
| Profit (loss) for the period9904 | €4,938 | -€7,128 | -€11,749 | -€16,746 | €4,938 | ▲ 129% |
| Profit (loss) for the period to be appropriated9905 | €4,938 | -€7,128 | -€11,749 | -€16,746 | €4,938 | ▲ 129% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,549 | €55,558 | €37,409 | €21,694 | €14,636 | ▼ 32.5% |
| Fixed assets21/28 | €66,546 | €50,033 | €34,130 | €20,697 | €11,169 | ▼ 46.0% |
| Tangible fixed assets22/27 | €66,546 | €50,033 | €34,130 | €20,697 | €8,619 | ▼ 58.4% |
| Plant, machinery and equipment23 | €65,936 | €50,033 | €34,130 | €20,697 | €8,619 | ▼ 58.4% |
| Furniture and vehicles24 | €610 | - | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | €2,550 | - |
| Current assets29/58 | €36,003 | €5,526 | €3,279 | €997 | €3,467 | ▲ 248% |
| Amounts receivable within one year40/41 | €1,694 | €1,701 | €3,144 | €208 | €2,729 | ▲ 1,209% |
| Trade receivables40 | €1,694 | €1,694 | €3,144 | - | €2,729 | - |
| Other amounts receivable41 | - | €7 | - | €208 | - | - |
| Cash at bank and in hand54/58 | €34,309 | €3,824 | €135 | €789 | €738 | ▼ 6.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,549 | €55,558 | €37,409 | €21,694 | €14,636 | ▼ 32.5% |
| Equity10/15 | -€14,060 | -€21,188 | -€32,937 | -€49,683 | -€44,745 | ▲ 9.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€32,660 | -€39,788 | -€51,537 | -€68,283 | -€63,345 | ▲ 7.2% |
| Amounts payable17/49 | €116,609 | €76,747 | €70,346 | €71,376 | €59,381 | ▼ 16.8% |
| Amounts payable within one year42/48 | €116,609 | €76,747 | €70,346 | €71,376 | €59,381 | ▼ 16.8% |
| Current portion of amounts payable after more than one year42 | €8,500 | - | - | - | - | - |
| Trade debts44 | €30,926 | €4,760 | €11,664 | €3,477 | €8,712 | ▲ 151% |
| Suppliers440/4 | €30,926 | €4,760 | €11,664 | €3,477 | €8,712 | ▲ 151% |
| Taxes, remuneration and social security45 | €654 | €487 | €15,114 | €23,422 | €2,041 | ▼ 91.3% |
| Taxes450/3 | €654 | €487 | €2,268 | €149 | €2,041 | ▲ 1,269% |
| Remuneration and social security454/9 | - | - | €12,846 | €23,273 | - | - |
| Other amounts payable47/48 | €76,529 | €71,500 | €43,568 | €44,477 | €48,628 | ▲ 9.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,938 | -€7,128 | -€11,749 | -€16,746 | €4,938 | ▲ 129% |
| + Depreciation and write-downs630 | €20,321 | €16,513 | €15,903 | €13,434 | €12,078 | ▼ 10.1% |
| Operating cash flow (approximation) | €25,259 | €9,385 | €4,154 | -€3,312 | €17,015 | ▲ 614% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | €0 | -€2,550 | - |
| Change in cash | - | -€30,485 | -€3,689 | €654 | -€50 | ▼ 108% |
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
Next filing, fiscal year 2026, expected by
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 49 days late
2025
31-12
Financial
Back to profitnet €4,938
Net result €4,938 after 3 loss-making years.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €4,938
Net result €4,938 after 2 loss-making years.
01-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 93 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2018
Ground area
547 m²
Building footprint
257 m²
Volume, LiDAR
2,870 m³
2 parcels, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
LABARROS
since 20182.280.565.515
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0192/00S007 | Brussels | 383 m² | 1 · 243 m² | 14.8 m · 4 fl. |
| 21819D0095/00P000 | Brussels | 164 m² | 1 · 14 m² | 2.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.280.565.515
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0707886697
Also
9925:BE0707886697
Registered
04-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.