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LAGNIAPPE

Active
Private limited companyfounded 2006active for 20 yearsTuileboomstraat 13, 8880 Ledegem, BelgiumKBO/BCE: BE 0882.598.941
Summary

The computed 12-month bankruptcy probability of LAGNIAPPE is 2.1% (moderate). The 2025 annual accounts show negative equity (-€82,322) and a net result of -€31,105. Equity has been growing by about 12% per year since 2019. Its solvency ranks better than 15% of 22,774 sector peers (NACE 47, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-07-2006 Normal situation
Activity
Retail sale of newspapers and periodicals NACE 47621and 6 others
Establishment units
2.155.178.563 8880 Ledegem, since 19-07-2006
2.329.064.030 8880 Ledegem, since 01-04-2022
Financial year end
30 September
Peppol
Reachable since 23-03-2026

Board and ownership

Board
  • Lezy JeroenDirector

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts to 30-09-2025
Gross margin
€113,225
▼ 36.5%
Turnover
≈ €670,000
estimated
Loss
€31,105
Equity
-€82,322
▼ 60.7%
Total assets
€287,698
▼ 30.7%
Employees on 30-09-2025
2
=
  • Negative equity on 30-09-2025
  • 2025 accounts filed 20 days after the deadline
Score breakdownraises riskLoss of €31,105 (financial year 2025)Negative equity -€82,322Sector: Retail trade (NACE 47)lowers riskSize: total assets €287,698Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0-13
equity -28.6% of total assets
Liquidity 24-9
short-term debt 75.4% · cash 11.8%
Profitability 23-59
return on assets -10.8%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.7%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.6%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 0.8%▲ +0.2 percentage points vs 03-2025 05-2025: 1.1%▲ +0.3 percentage points vs 04-2025 06-2025: 1.3%▲ +0.2 percentage points vs 05-2025 07-2025: 1.6%▲ +0.3 percentage points vs 06-2025 08-2025: 0.9%▼ -0.7 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 1.0%▲ +0.1 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.1%▲ +0.1 percentage points vs 01-2026 03-2026: 1.0%▼ -0.1 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.2%▲ +0.2 percentage points vs 04-2026 06-2026: 2.1%▲ +0.9 percentage points vs 05-2026highest value 07-2026: 2.1%● unchanged vs 06-2026highest value 08-2026: 2.1%● unchanged vs 07-2026highest value 09-2026: 2.1%● unchanged vs 08-2026highest value 10-2026: 2.1%● unchanged vs 09-2026 11-2026: 2.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.88 (0.93 in 2024), below 1. Short-term debt is 75.4% and cash 11.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 21% on liquidity, 23% on profitability and 9% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €287,698
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €31,105 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€82,322
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€82,322
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-05-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
20 days late
2024
89 days late
2023
22 days late
2022
27 days late
2021
37 days early
2020
30 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 23 May (4 of the last 5 accounts filed within 60 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€82,322 View
  • Caution: From profit to loss in 2025after a profit of €42,837 in 2024 -€31,105 View
  • Caution: Less equity than 94% of companies in retail tradesector median €41,218 · 22,816 companies -€82,322 View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as LAGNIAPPE: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €238,000 and €338,000, founded between 2004 and 2008.

CompanyTotal assetsGross margin
LAGNIAPPE Ledegem€287,698€113,225
PRESS & PAPER CLIPS Kinrooi€258,038€122,572
't KWARTELTJE Antwerpen€317,920€125,912
Imprimerie, Papeterie, Librairie NICOLAY J.-B. Libin€337,989€118,598
Rob's Shop Pelt€323,258€116,803
Devos Houthulst€238,274€136,697
VANDERHAEGEN GRAFIEK Waregem€325,309€147,997
Full comparison

Key facts about LAGNIAPPE

What is the company number of LAGNIAPPE?
The company number of LAGNIAPPE is 0882.598.941. The VAT number is the same number with BE in front: BE 0882.598.941.
Where is LAGNIAPPE based?
The registered office is at Tuileboomstraat 13, 8880 Ledegem.Company details
What does LAGNIAPPE do?
According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
What is the legal form of LAGNIAPPE?
The legal form of LAGNIAPPE is Private limited company (BV).
When was LAGNIAPPE founded?
LAGNIAPPE was founded on 18-07-2006.
Is LAGNIAPPE still active?
Yes, LAGNIAPPE is an active enterprise in the KBO register.
How many employees does LAGNIAPPE have?
LAGNIAPPE had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LAGNIAPPE?
The turnover in financial year 2025 is ≈ €670,000. This figure is estimated from the gross margin of €113,225 and 213 comparable companies (NACE 47). It probably lies between €370,000 and €1.1m.
Is LAGNIAPPE profitable?
In financial year 2025, LAGNIAPPE made a loss of €31,105.
Where can I find the annual accounts of LAGNIAPPE?
LAGNIAPPE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LAGNIAPPE due?
LAGNIAPPE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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