LAGIF
ActiveThe computed 12-month bankruptcy probability of LAGIF is 3.6% (moderate). The 2025 annual accounts show negative equity (€-22k) and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 13009 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
8
/ 100
Critical▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.42 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
Sector 56
higher
← 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
-5.5%
Return on assets
2.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 13009 sector peers (2025).
NBB · sector comparisonPosition among 13009 sector peers
Solvency
better than 23%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
7 d early
2024
106 d early
2023
1 d early
2022
30 d late
2021
30 d late
2020
58 d late
2019
28 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-22k▲ 29.8%
2024 · €-32k
2019: €-14k
2020: €-10k
2021: €8k
2022: €31k
2023: €-49k
2024: €-32k
2019 → 2025
Total assets
€404k▲ 0.9%
2024 · €401k
2019: €297k
2020: €323k
2021: €399k
2022: €597k
2023: €579k
2024: €401k
2019 → 2025
Net result
€9k▼ 44.0%
2024 · €17k
2019: €-33k
2020: €4k
2021: €18k
2022: €23k
2023: €-80k
2024: €17k
2019 → 2025
Working capital
€-200k▲ 5.9%
2024 · €-213k
2019: €-29k
2020: €-10k
2021: €-6k
2022: €-29k
2023: €-214k
2024: €-213k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€31k▲ 299%€-49k€-32k▲ 34.7%€-22k▲ 29.8%
Operating result€27k-€26k▼ 2.8%€-77k€18k€11k▼ 39.8%
Net result€18k-€23k▲ 33.1%€-80k€17k€9k▼ 44.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404k
Fixed assets
€218k▼ 12.2%
Current assets
€186k▲ 22.2%
Key figures and ratios
EBITDA
€41k▼
2024 · €49k
Cash flow
€40k▼
2024 · €48k
Solvency
-5.5%▲
2024 · -7.9%
Current ratio
0.48▲
2024 · 0.42
Quick ratio
0.43▲
2024 · 0.35
Debt / equity
-19.09▼
2024 · -13.59
ROE
-42.4%▲
2024 · -53.2%
ROA
2.3%▼
2024 · 4.2%
Interest coverage
5.23▼
2024 · 5.94
Debt
€427k▼
2024 · €433k
Debt ≤ 1 year
€386k▲
2024 · €365k
Debt > 1 year
€41k▼
2024 · €68k
Income taxes
€208▼
2024 · €227
Staff costs
€297k▲
2024 · €285k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€401k€404k▲
Fixed assets21/28€249k€218k▼
Intangible fixed assets21€142k€132k▼
Tangible fixed assets22/27€93k€72k▼
Land and buildings22€58k€46k▼
Plant, machinery and equipment23€19k€12k▼
Furniture and vehicles24€17k€14k▼
Financial fixed assets28€15k€15k=
Current assets29/58€152k€186k▲
Stocks and contracts in progress3€24k€19k▼
Stocks30/36€24k€19k▼
Amounts receivable within one year40/41€115k€153k▲
Trade receivables40€115k€153k▲
Cash at bank and in hand54/58€11k€13k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€401k€404k▲
Equity10/15€-32k€-22k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-50k€-41k▲
Amounts payable17/49€433k€427k▼
Amounts payable after more than one year17€68k€41k▼
Financial debts170/4€68k€41k▼
Amounts payable within one year42/48€365k€386k▲
Current portion of amounts payable after more than one year42€130k€122k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€169k€143k▼
Suppliers440/4€169k€143k▼
Taxes, remuneration and social security45€66k€121k▲
Taxes450/3€18k€58k▲
Remuneration and social security454/9€48k€64k▲
Income statement
Code20242025
Remuneration, social security and pensions62€285k€297k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€30k▼
Other operating charges640/8€4k€11k▲
Gross operating margin9900€337k€348k▲
Operating profit (loss)9901€18k€11k▼
Financial income75/76B€7k€7k▼
Recurring financial income75€7k€7k▼
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€17k€10k▼
Income taxes67/77€227€208▼
Profit (loss) for the period9904€17k€9k▼
Profit (loss) for the period to be appropriated9905€17k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-41k▲
Profit (loss) brought forward from the previous period14P€-67k€-50k▲
Transfer from equity791/2€0-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-80k ▼441%
Net result drops to €-80k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2019net €23k ▲33.1%
Net result €23k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, De Panne · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leopold I Esplanade 98660 De PanneGround area
5,185 m²
Building footprint
596 m²
Volume, LiDAR
12,441 m³
Parcel 38352D0591/00E000, Flanders · tallest building 28.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
LAGIF
since 20192.287.115.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38352D0591/00E000 | Flanders | 5,185 m² | 1 · 596 m² | 28.0 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,309. 9,379 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
43211General electrical installation work
74105Other professional, scientific and technical activities
74140Other specialised design activities
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.