LADRI
ActiveSummary
The computed 12-month bankruptcy probability of LADRI is 1.9% (moderate). The 2025 annual accounts show equity of €75k and a net result of €27k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 3705 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability66▲+4
Solvency45▼-23
Growth48▼-1
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.79 against 1.66 in 2024; short-term debt: 79.5% and cash: 51.7% of total assets), and 79.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.5%
Return on assets
7.3%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
61 d late
2022
61 d late
2021
24 d late
2020
40 d late
2019
94 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.19M▼ 2.8%
2024 · €1.22M
2018: €1.05M
2019: €1.27M▲ +21.2% vs 2018
2020: €763k▼ -40.1% vs 2019lowest in 8 years
2021: €1.02M▲ +33.4% vs 2020
2022: €1.36M▲ +33.9% vs 2021highest in 8 years
2023: €1.23M▼ -9.5% vs 2022
2024: €1.22M▼ -1.1% vs 2023
2025: €1.19M▼ -2.8% vs 2024
2018 → 2025
EBIT margin
4.0%▲ 0.8pp
2024 · 3.3%
2018: 14.5%
2019: 19.8%▲ +36.8% vs 2018
2020: 16.1%▼ -18.8% vs 2019
2021: 23.9%▲ +48.3% vs 2020highest in 8 years
2022: 12.3%▼ -48.6% vs 2021
2023: 9.0%▼ -26.6% vs 2022
2024: 3.3%▼ -63.6% vs 2023lowest in 8 years
2025: 4.0%▲ +23.6% vs 2024
2018 → 2025
Net result
€27k▲ 172%
2024 · €10k
2018: €127k
2019: €188k▲ +48.1% vs 2018highest in 8 years
2020: €85k▼ -54.5% vs 2019
2021: €172k▲ +101% vs 2020
2022: €124k▼ -27.6% vs 2021
2023: €70k▼ -44.1% vs 2022
2024: €10k▼ -86.0% vs 2023lowest in 8 years
2025: €27k▲ +172% vs 2024
2018 → 2025
Working capital
€-60k
2024 · €173k
2018: €4k
2019: €-40k▼ -1093% vs 2018
2020: €72k▲ +282% vs 2019
2021: €240k▲ +233% vs 2020
2022: €382k▲ +59.2% vs 2021highest in 8 years
2023: €143k▼ -62.7% vs 2022
2024: €173k▲ +21.5% vs 2023
2025: €-60k▼ -135% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.02M-€1.36M▲ 33.9%€1.23M▼ 9.5%€1.22M▼ 1.1%€1.19M▼ 2.8%
2021: €1.02Mlowest in 5 years
2022: €1.36M▲ +33.9% vs 2021highest in 5 years
2023: €1.23M▼ -9.5% vs 2022
2024: €1.22M▼ -1.1% vs 2023
2025: €1.19M▼ -2.8% vs 2024
Equity€335k-€459k▲ 37.2%€188k▼ 58.9%€198k▲ 5.2%€75k▼ 62.3%
2021: €335k
2022: €459k▲ +37.2% vs 2021highest in 5 years
2023: €188k▼ -58.9% vs 2022
2024: €198k▲ +5.2% vs 2023
2025: €75k▼ -62.3% vs 2024lowest in 5 years
Operating result€243k-€167k▼ 31.3%€111k▼ 33.6%€40k▼ 64.0%€48k▲ 20.2%
2021: €243khighest in 5 years
2022: €167k▼ -31.3% vs 2021
2023: €111k▼ -33.6% vs 2022
2024: €40k▼ -64.0% vs 2023lowest in 5 years
2025: €48k▲ +20.2% vs 2024
Net result€172k-€124k▼ 27.6%€70k▼ 44.1%€10k▼ 86.0%€27k▲ 172%
2021: €172khighest in 5 years
2022: €124k▼ -27.6% vs 2021
2023: €70k▼ -44.1% vs 2022
2024: €10k▼ -86.0% vs 2023lowest in 5 years
2025: €27k▲ +172% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €365k
Fixed assets
€135k ▲ 443%
Current assets
€231k ▼ 47.3%
Equity and liabilities €365k
Equity
€75k ▼ 62.3%
Debt
€291k ▲ 10.2%
Debt's share of the balance-sheet total rises from 57.1% to 79.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€63k▼
2024 · €66k
Cash flow
€42k▲
2024 · €36k
Current ratio
0.79▼
2024 · 1.66
Quick ratio
0.71▼
2024 · 1.55
Debt to equity
3.89▲
2024 · 1.33
ROE
35.5%▲
2024 · 4.9%
ROA
7.3%▲
2024 · 2.1%
Interest coverage
8.29▼
2024 · 9.61
Debt ≤ 1 year
€291k▲
2024 · €264k
Income taxes
€14k▼
2024 · €23k
Staff costs
€427k▲
2024 · €412k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€462k€365k▼
Fixed assets21/28€25k€135k▲
Tangible fixed assets22/27€25k€135k▲
Furniture and vehicles24€4k€73k▲
Other tangible fixed assets26€21k€62k▲
Current assets29/58€437k€231k▼
Stocks and contracts in progress3€28k€25k▼
Stocks30/36€28k€25k▼
Amounts receivable within one year40/41€60k€17k▼
Trade receivables40€60k€13k▼
Other amounts receivable41€3€4k▲
Cash at bank and in hand54/58€349k€189k▼
Equity and liabilities
Total equity and liabilities10/49€462k€365k▼
Equity10/15€198k€75k▼
Contributions10/11€20k€20k=
Reserves13€17k€17k=
Tax-exempt reserves132€17k€17k=
Profit (loss) carried forward14€161k€38k▼
Amounts payable17/49€264k€291k▲
Amounts payable within one year42/48€264k€291k▲
Trade debts44€120k€175k▲
Suppliers440/4€120k€175k▲
Taxes, remuneration and social security45€139k€111k▼
Taxes450/3€22k€23k▲
Remuneration and social security454/9€116k€88k▼
Other amounts payable47/48€5k€5k=
Income statement
Code20242025
Turnover70€1.22M€1.19M▼
Goods, raw materials, services and sundry goods60/61€740k€690k▼
Remuneration, social security and pensions62€412k€427k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€15k▼
Other operating charges640/8€923€5k▲
Gross operating margin9900€479k€495k▲
Operating profit (loss)9901€40k€48k▲
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€33k€40k▲
Income taxes67/77€23k€14k▼
Profit (loss) for the period9904€10k€27k▲
Profit (loss) for the period to be appropriated9905€10k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€161k€188k▲
Profit (loss) brought forward from the previous period14P€152k€161k▲
Profit to be distributed694/7-€150k
Return on contributions (dividend)694-€150k
Social balance
Average headcount (FTE)908712.512.4▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.02M | €1.36M | €1.23M | €1.22M | €1.19M | ▼ 2.8% |
| Goods, raw materials, services and sundry goods60/61 | €530k | €791k | €721k | €740k | €690k | ▼ 6.8% |
| Remuneration, social security and pensions62 | €216k | €371k | €368k | €412k | €427k | ▲ 3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €31k | €31k | €26k | €15k | ▼ 42.9% |
| Other operating charges640/8 | €2k | €1k | €2k | €923 | €5k | ▲ 416% |
| Gross operating margin9900 | €487k | €571k | €511k | €479k | €495k | ▲ 3.4% |
| Operating profit (loss)9901 | €243k | €167k | €111k | €40k | €48k | ▲ 20.2% |
| Financial income75/76B | - | - | €92 | - | - | - |
| Recurring financial income75 | - | - | €92 | - | - | - |
| Financial charges65/66B | €4k | €8k | €7k | €7k | €8k | ▲ 10.2% |
| Recurring financial charges65 | €4k | €8k | €7k | €7k | €8k | ▲ 10.2% |
| Profit (loss) for the period before taxes9903 | €239k | €159k | €104k | €33k | €40k | ▲ 22.2% |
| Income taxes67/77 | €67k | €34k | €35k | €23k | €14k | ▼ 40.8% |
| Profit (loss) for the period9904 | €172k | €124k | €70k | €10k | €27k | ▲ 172% |
| Transfer to tax-exempt reserves689 | €8k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €164k | €124k | €70k | €10k | €27k | ▲ 172% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €572k | €723k | €722k | €462k | €365k | ▼ 20.9% |
| Fixed assets21/28 | €95k | €77k | €46k | €25k | €135k | ▲ 443% |
| Tangible fixed assets22/27 | €95k | €77k | €46k | €25k | €135k | ▲ 443% |
| Furniture and vehicles24 | €8k | €5k | €3k | €4k | €73k | ▲ 1,947% |
| Other tangible fixed assets26 | €87k | €72k | €42k | €21k | €62k | ▲ 193% |
| Current assets29/58 | €478k | €646k | €677k | €437k | €231k | ▼ 47.3% |
| Stocks and contracts in progress3 | €3k | €3k | €35k | €28k | €25k | ▼ 11.6% |
| Stocks30/36 | €3k | €3k | €35k | €28k | €25k | ▼ 11.6% |
| Amounts receivable within one year40/41 | €37k | €35k | €25k | €60k | €17k | ▼ 71.9% |
| Trade receivables40 | €29k | €35k | €14k | €60k | €13k | ▼ 78.9% |
| Other amounts receivable41 | €8k | €3 | €11k | €3 | €4k | ▲ 124,465% |
| Cash at bank and in hand54/58 | €437k | €608k | €617k | €349k | €189k | ▼ 45.8% |
| Deferred charges and accrued income490/1 | €1k | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €572k | €723k | €722k | €462k | €365k | ▼ 20.9% |
| Equity10/15 | €335k | €459k | €188k | €198k | €75k | ▼ 62.3% |
| Contributions10/11 | €19k | €19k | €19k | €20k | €20k | = |
| Capital10 | €19k | €19k | €19k | - | - | - |
| Issued capital100 | €19k | €19k | €19k | - | - | - |
| Reserves13 | €18k | €18k | €18k | €17k | €17k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Legal reserve130 | €2k | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | €17k | €17k | €17k | €17k | €17k | = |
| Profit (loss) carried forward14 | €298k | €422k | €152k | €161k | €38k | ▼ 76.5% |
| Amounts payable17/49 | €238k | €264k | €534k | €264k | €291k | ▲ 10.2% |
| Amounts payable within one year42/48 | €238k | €264k | €534k | €264k | €291k | ▲ 10.2% |
| Trade debts44 | €31k | €71k | €27k | €120k | €175k | ▲ 45.8% |
| Suppliers440/4 | €31k | €71k | €27k | €120k | €175k | ▲ 45.8% |
| Taxes, remuneration and social security45 | €201k | €188k | €162k | €139k | €111k | ▼ 20.1% |
| Taxes450/3 | €97k | €95k | €64k | €22k | €23k | ▲ 3.6% |
| Remuneration and social security454/9 | €105k | €93k | €98k | €116k | €88k | ▼ 24.7% |
| Other amounts payable47/48 | €5k | €5k | €345k | €5k | €5k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €172k | €124k | €70k | €10k | €27k | ▲ 172% |
| + Depreciation and write-downs630 | €27k | €31k | €31k | €26k | €15k | ▼ 42.9% |
| Operating cash flow (approximation) | €199k | €156k | €101k | €36k | €42k | ▲ 15.3% |
| Investment in fixed assets (approximation) | - | €-14k | €0 | €-5k | €-125k | ▼ 2,196% |
| Change in cash | - | €171k | €9k | €-268k | €-160k | ▲ 40.2% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €10k ▼86%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
31-12
Financial
Equity above €200kEq €335k ▲106%
4 profitable years in a row build equity to €335k.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Equity above €150kEq €163k ▲110%
3 profitable years in a row build equity to €163k.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
31-12
Financial
Highest result since 2018net €188k ▲48.1%
Operating result €252k, net result €188k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Elsene · 1 establishment unit since 2001
Ground area
113 m²
Building footprint
98 m²
Volume, LiDAR
1,872 m³
Parcel 21009A0650/00H000, Brussels · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Bonifaasstraat 8, 1050 Elsene
since 20012.101.296.350
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0650/00H000 | Brussels | 113 m² | 1 · 98 m² | 22.6 m · 6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.101.296.350
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-11-1998
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.