LAETITIA
ActiveSummary
The computed 12-month bankruptcy probability of LAETITIA is 3.5% (moderate). The annual accounts of LAETITIA for fiscal year 2024 show a net loss of 449% of total assets and of 90% of the equity at the start of that year. The 2024 annual accounts show equity of €7,166 and a net result of -€63,820. Equity is shrinking by ~5.4% per year across the filed fiscal years. The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency75▼-25
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.62 against 0.94 in 2023; short-term debt: 49.6% and cash: 2.5% of total assets), and 49.6% of the assets are financed with debt.
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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 →
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 2024Solvency, return and age of the figures
Solvency
50.4%
Return on assets
-448.5%
Age of the figures
21 mo
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
38 d early
2022
32 d early
2021
9 d early
2020
7 d late
2019
8 d early
← 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 20 days before 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 30 June (5 of the last 5 filed years within 30 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 2024, micro schema
Equity
€7,166▼ 89.9%
2023 · €70,986
Total assets
€14,229▼ 82.0%
2023 · €78,996
Net result
-€63,820▼ 244%
2023 · -€18,566
Working capital
€4,350
2023 · -€472
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
Line20202021202220232024
Operating result€19,611▼ 38.8%-€6,213-€4,699▲ 24.4%-€19,838▼ 322%-€63,042▼ 218%
Net result€23,872above the sector's middle half▼ 7.2%-€4,822below the sector's middle half-€3,073within the sector's middle half▲ 36.3%-€18,566below the sector's middle half▼ 504%-€63,820below the sector's middle half▼ 244%
Equity€97,448above the sector's middle half▲ 32.4%€92,626above the sector's middle half▼ 4.9%€89,553above the sector's middle half▼ 3.3%€70,986within the sector's middle half▼ 20.7%€7,166within the sector's middle half▼ 89.9%
Total assets€121,009within the sector's middle half▲ 23.8%€114,815within the sector's middle half▼ 5.1%€101,650within the sector's middle half▼ 11.5%€78,996within the sector's middle half▼ 22.3%€14,229below the sector's middle half▼ 82.0%
Debt€23,562▼ 2.5%€22,189▼ 5.8%€12,097▼ 45.5%€8,009▼ 33.8%€7,063▼ 11.8%
Working capital€94,456above the sector's middle half▲ 33.6%-€12,712within the sector's middle half-€3,347within the sector's middle half▲ 73.7%-€472within the sector's middle half▲ 85.9%€4,350within the sector's middle half
Solvency80.5%above the sector's middle half▲ 5.3pp80.7%above the sector's middle half▲ 0.1pp88.1%above the sector's middle half▲ 7.4pp89.9%above the sector's middle half▲ 1.8pp50.4%within the sector's middle half▼ 39.5pp
Current ratio5.01above the sector's middle half▲ 1.030.43below the sector's middle half▼ 4.580.72within the sector's middle half▲ 0.300.94within the sector's middle half▲ 0.221.62within the sector's middle half▲ 0.67
Return on assets (ROA)19.7%above the sector's middle half▼ 6.6pp-4.2%below the sector's middle half▼ 23.9pp-3.0%within the sector's middle half▲ 1.2pp-23.5%below the sector's middle half▼ 20.5pp-448.5%below the sector's middle half▼ 425.0pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €63,042 in 2024 against €19,838 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
Assets €14,229
Fixed assets
€2,816 ▼ 96.1%
Current assets
€11,414 ▲ 51.4%
Equity and liabilities €14,229
Equity
€7,166 ▼ 89.9%
Debt
€7,063 ▼ 11.8%
Debt's share of the balance-sheet total rises from 10.1% to 49.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€62,168▼
2023 · -€18,974
Cash flow
-€62,947▼
2023 · -€17,702
Quick ratio
1.38▲
2023 · 0.71
Debt to equity
0.99▲
2023 · 0.11
ROE
-890.6%▼
2023 · -26.2%
Interest coverage
-104.54▼
2023 · -29.21
Debt ≤ 1 year
€7,063▼
2023 · €8,009
Income taxes
€188▼
2023 · €190
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.5% 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 5,834 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €329 | €416 | €534 | €865 | €874 | ▲ 1.1% |
| Other operating charges640/8 | - | €1,195 | €85 | €774 | €563 | ▼ 27.3% |
| Gross operating margin9900 | €20,891 | -€4,601 | -€4,081 | -€18,200 | -€61,605 | ▼ 238% |
| Operating profit (loss)9901 | €19,611 | -€6,213 | -€4,699 | -€19,838 | -€63,042 | ▼ 218% |
| Financial income75/76B | - | €1,634 | €2,577 | €2,111 | €4 | ▼ 99.8% |
| Recurring financial income75 | €9,788 | €1,634 | €2,577 | €2,111 | €4 | ▼ 99.8% |
| Financial charges65/66B | - | €56 | €700 | €650 | €595 | ▼ 8.4% |
| Recurring financial charges65 | €109 | €56 | €700 | €650 | €595 | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | €29,291 | -€4,635 | -€2,822 | -€18,377 | -€63,633 | ▼ 246% |
| Income taxes67/77 | €5,419 | €187 | €250 | €190 | €188 | ▼ 1.0% |
| Profit (loss) for the period9904 | €23,872 | -€4,822 | -€3,073 | -€18,566 | -€63,820 | ▼ 244% |
| Profit (loss) for the period to be appropriated9905 | €23,872 | -€4,822 | -€3,073 | -€18,566 | -€63,820 | ▼ 244% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €121,009 | €114,815 | €101,650 | €78,996 | €14,229 | ▼ 82.0% |
| Fixed assets21/28 | €2,992 | €105,337 | €92,899 | €71,459 | €2,816 | ▼ 96.1% |
| Tangible fixed assets22/27 | €1,031 | €1,309 | €2,926 | €2,319 | €1,445 | ▼ 37.7% |
| Furniture and vehicles24 | - | €607 | €712 | €645 | €312 | ▼ 51.7% |
| Other tangible fixed assets26 | - | €702 | €2,215 | €1,674 | €1,134 | ▼ 32.3% |
| Financial fixed assets28 | €1,961 | €104,028 | €89,973 | €69,140 | €1,370 | ▼ 98.0% |
| Current assets29/58 | €118,018 | €9,478 | €8,750 | €7,537 | €11,414 | ▲ 51.4% |
| Stocks and contracts in progress3 | €614 | €1,699 | €2,143 | €1,885 | €1,642 | ▼ 12.9% |
| Stocks30/36 | - | €1,699 | €2,143 | €1,885 | €1,642 | ▼ 12.9% |
| Amounts receivable within one year40/41 | €117,377 | €3,956 | €3,956 | €3,500 | €7,650 | ▲ 119% |
| Trade receivables40 | - | €3,000 | €3,000 | €3,500 | €7,650 | ▲ 119% |
| Other amounts receivable41 | - | €956 | €956 | - | - | - |
| Cash at bank and in hand54/58 | €27 | €2,189 | €75 | €41 | €349 | ▲ 755% |
| Deferred charges and accrued income490/1 | - | €1,634 | €2,577 | €2,111 | €1,772 | ▼ 16.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €121,009 | €114,815 | €101,650 | €78,996 | €14,229 | ▼ 82.0% |
| Equity10/15 | €97,448 | €92,626 | €89,553 | €70,986 | €7,166 | ▼ 89.9% |
| Contributions10/11 | - | €18,592 | €18,592 | €20,451 | €20,451 | = |
| Outside capital11 | - | €18,592 | €18,592 | €20,451 | €20,451 | = |
| Other1109/19 | - | €18,592 | €18,592 | €20,451 | €20,451 | = |
| Reserves13 | €20,465 | €20,465 | €20,465 | €18,606 | €18,606 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €18,606 | €18,606 | €18,606 | €18,606 | = |
| Profit (loss) carried forward14 | €58,391 | €53,569 | €50,496 | €31,930 | -€31,890 | ▼ 200% |
| Amounts payable17/49 | €23,562 | €22,189 | €12,097 | €8,009 | €7,063 | ▼ 11.8% |
| Amounts payable within one year42/48 | €23,562 | €22,189 | €12,097 | €8,009 | €7,063 | ▼ 11.8% |
| Trade debts44 | €3,735 | €8,208 | €5,332 | €5,643 | €5,132 | ▼ 9.0% |
| Suppliers440/4 | - | €8,208 | €5,332 | €5,643 | €5,132 | ▼ 9.0% |
| Taxes, remuneration and social security45 | - | €12,281 | €5,065 | €1,272 | €836 | ▼ 34.3% |
| Taxes450/3 | - | €9,381 | €5,065 | €1,272 | €836 | ▼ 34.3% |
| Remuneration and social security454/9 | - | €2,900 | - | - | - | - |
| Other amounts payable47/48 | - | €1,700 | €1,700 | €1,095 | €1,095 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,872 | -€4,822 | -€3,073 | -€18,566 | -€63,820 | ▼ 244% |
| + Depreciation and write-downs630 | €329 | €416 | €534 | €865 | €874 | ▲ 1.1% |
| Operating cash flow (approximation) | €24,201 | -€4,406 | -€2,539 | -€17,702 | -€62,947 | ▼ 256% |
| Investment in fixed assets (approximation) | - | -€102,762 | €11,904 | €20,576 | €67,769 | ▲ 229% |
| Change in cash | - | €2,162 | -€2,115 | -€34 | €308 | ▲ 1,012% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€63,820
Net result drops to -€63,820, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €25,720 ▲98.2%
Operating result €32,065, net result €25,720, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 1994
Ground area
101 m²
Building footprint
121 m²
Volume, LiDAR
970 m³
Parcel 21446D0011/00P003, Brussels · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LAETITIA SPRL - LE VISE
since 19942.068.635.262
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0011/00P003 | Brussels | 101 m² | 1 · 121 m² | 12.7 m · 3 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 siteElsene2.068.635.262
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,467. 6,078 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
Founded31-03-1994
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452424727
Registered
19-01-2026
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.