Lagom
ActiveSummary
The computed 12-month bankruptcy probability of Lagom is 3.3% (moderate). The 2024 annual accounts show equity of €28,244 and a net result of -€4,604. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 18930 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability19▲+19
Solvency66▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.77 against 0.96 in 2023; short-term debt: 40.5% and cash: 11.4% of total assets), and 59.5% of the assets are financed with debt.
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Signals
Five 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 · 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
40.5%
Return on assets
-6.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€4,604
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
26 d early
2022
6 d early
2021
9 d late
2020
26 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€28,244▼ 14.0%
2023 · €32,848
Total assets
€69,731▼ 17.4%
2023 · €84,439
Net result
-€4,604▲ 65.9%
2023 · -€13,494
Working capital
-€6,606▼ 343%
2023 · -€1,491
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€10,371▲ 86.3%€30,222▲ 191%€8,332▼ 72.4%-€8,498€524
Net result€4,288▲ 414%€26,822▲ 525%€6,321▼ 76.4%-€13,494-€4,604▲ 65.9%
Equity€13,198▲ 48.1%€40,020▲ 203%€46,341▲ 15.8%€32,848▼ 29.1%€28,244▼ 14.0%
Total assets€78,941▼ 15.2%€102,365▲ 29.7%€92,991▼ 9.2%€84,439▼ 9.2%€69,731▼ 17.4%
Debt€65,743▼ 21.9%€62,345▼ 5.2%€46,650▼ 25.2%€51,591▲ 10.6%€41,487▼ 19.6%
Working capital-€11,321▲ 66.6%€4,577€434▼ 90.5%-€1,491-€6,606▼ 343%
Staff (FTE)0.1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €524 after a loss of €8,498 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69,731
Fixed assets
€48,121 ▼ 7.6%
Current assets
€21,610 ▼ 33.3%
Equity and liabilities €69,731
Equity
€28,244 ▼ 14.0%
Debt
€41,487 ▼ 19.6%
Debt's share of the balance-sheet total falls from 61.1% to 59.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4,462▲
2023 · -€4,479
Cash flow
-€665▲
2023 · -€9,475
Current ratio
0.77▼
2023 · 0.96
Quick ratio
0.70▼
2023 · 0.89
Debt to equity
1.47▼
2023 · 1.57
ROE
-16.3%▲
2023 · -41.1%
ROA
-6.6%▲
2023 · -16.0%
Interest coverage
1.03▲
2023 · -0.81
Debt ≤ 1 year
€28,217▼
2023 · €33,871
Debt > 1 year
€12,830▼
2023 · €17,720
Income taxes
€224▲
2023 · €220
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
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: 3.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,916 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €874 | €233 | €198 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,883 | €5,732 | €6,100 | €4,019 | €3,939 | ▼ 2.0% |
| Other operating charges640/8 | - | €2,360 | €1,426 | €2,781 | €2,343 | ▼ 15.8% |
| Gross operating margin9900 | €32,873 | €39,189 | €16,091 | -€1,500 | €6,805 | ▲ 554% |
| Operating profit (loss)9901 | €10,371 | €30,222 | €8,332 | -€8,498 | €524 | ▲ 106% |
| Financial income75/76B | - | €211 | €2,090 | €773 | €10 | ▼ 98.7% |
| Recurring financial income75 | €197 | €153 | €5 | €1 | €0 | ▼ 82.5% |
| Non-recurring financial income76B | - | €58 | €2,085 | €772 | €10 | ▼ 98.7% |
| Financial charges65/66B | - | €3,376 | €3,242 | €5,548 | €4,914 | ▼ 11.4% |
| Recurring financial charges65 | €6,067 | €3,376 | €3,242 | €5,548 | €4,342 | ▼ 21.7% |
| Non-recurring financial charges66B | - | - | - | - | €572 | - |
| Profit (loss) for the period before taxes9903 | €4,519 | €27,058 | €7,180 | -€13,273 | -€4,380 | ▲ 67.0% |
| Income taxes67/77 | €231 | €235 | €859 | €220 | €224 | ▲ 1.5% |
| Profit (loss) for the period9904 | €4,288 | €26,822 | €6,321 | -€13,494 | -€4,604 | ▲ 65.9% |
| Profit (loss) for the period to be appropriated9905 | €4,288 | €26,822 | €6,321 | -€13,494 | -€4,604 | ▲ 65.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78,941 | €102,365 | €92,991 | €84,439 | €69,731 | ▼ 17.4% |
| Fixed assets21/28 | €65,780 | €62,178 | €56,078 | €52,059 | €48,121 | ▼ 7.6% |
| Tangible fixed assets22/27 | €60,780 | €57,178 | €51,078 | €47,059 | €43,121 | ▼ 8.4% |
| Plant, machinery and equipment23 | - | €4,975 | €2,043 | €1,192 | €422 | ▼ 64.6% |
| Furniture and vehicles24 | - | €1,139 | €950 | €760 | €570 | ▼ 25.0% |
| Other tangible fixed assets26 | - | €51,064 | €48,086 | €45,108 | €42,130 | ▼ 6.6% |
| Financial fixed assets28 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Current assets29/58 | €13,161 | €40,187 | €36,913 | €32,379 | €21,610 | ▼ 33.3% |
| Stocks and contracts in progress3 | €523 | €1,119 | €1,281 | €2,249 | €1,911 | ▼ 15.0% |
| Stocks30/36 | - | €1,119 | €1,281 | €2,249 | €1,911 | ▼ 15.0% |
| Amounts receivable within one year40/41 | €1,468 | €3,879 | €7,154 | €3,861 | €8,238 | ▲ 113% |
| Trade receivables40 | - | - | €679 | €11 | €8,231 | ▲ 74,794% |
| Other amounts receivable41 | - | €3,879 | €6,474 | €3,850 | €7 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €7,370 | €31,044 | €23,966 | €20,754 | €7,965 | ▼ 61.6% |
| Deferred charges and accrued income490/1 | - | €4,145 | €4,512 | €5,515 | €3,496 | ▼ 36.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78,941 | €102,365 | €92,991 | €84,439 | €69,731 | ▼ 17.4% |
| Equity10/15 | €13,198 | €40,020 | €46,341 | €32,848 | €28,244 | ▼ 14.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €21,420 | €27,741 | €27,741 | €27,741 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €19,560 | €25,881 | €25,881 | €25,881 | = |
| Profit (loss) carried forward14 | -€7,262 | - | - | -€13,494 | -€18,097 | ▼ 34.1% |
| Amounts payable17/49 | €65,743 | €62,345 | €46,650 | €51,591 | €41,487 | ▼ 19.6% |
| Amounts payable after more than one year17 | €41,261 | €26,734 | €10,171 | €17,720 | €12,830 | ▼ 27.6% |
| Financial debts170/4 | - | €26,734 | €10,171 | €17,720 | €12,830 | ▼ 27.6% |
| Amounts payable within one year42/48 | €24,482 | €35,610 | €36,479 | €33,871 | €28,217 | ▼ 16.7% |
| Current portion of amounts payable after more than one year42 | - | €18,207 | €16,563 | €12,769 | €4,890 | ▼ 61.7% |
| Trade debts44 | €9,317 | €10,059 | €11,578 | €14,061 | €14,355 | ▲ 2.1% |
| Suppliers440/4 | - | €10,059 | €11,578 | €14,061 | €14,355 | ▲ 2.1% |
| Advances received on contracts in progress46 | - | €3,277 | €92 | - | €625 | - |
| Taxes, remuneration and social security45 | - | €2,097 | €8,246 | €7,040 | €7,796 | ▲ 10.7% |
| Taxes450/3 | - | €2,079 | €5,046 | €5,240 | €4,596 | ▼ 12.3% |
| Remuneration and social security454/9 | - | €18 | €3,200 | €1,800 | €3,200 | ▲ 77.8% |
| Other amounts payable47/48 | - | €1,971 | - | - | €551 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €440 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,288 | €26,822 | €6,321 | -€13,494 | -€4,604 | ▲ 65.9% |
| + Depreciation and write-downs630 | €6,883 | €5,732 | €6,100 | €4,019 | €3,939 | ▼ 2.0% |
| Operating cash flow (approximation) | €11,171 | €32,555 | €12,421 | -€9,475 | -€665 | ▲ 93.0% |
| Investment in fixed assets (approximation) | - | -€2,131 | €0 | €0 | €0 | - |
| Change in cash | - | €23,675 | -€7,078 | -€3,212 | -€12,789 | ▼ 298% |
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
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2018net €26,822 ▲525%
Operating result €30,222, net result €26,822, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.13
Current ratio from 0.54 to 1.13.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €834
Net result €834 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
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, Hasselt · 2 establishment units since 2016
Ground area
543 m²
Building footprint
72 m²
Volume, LiDAR
641 m³
2 parcels, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Bistro Green Level
since 20162.252.846.576
Brass
since 20262.387.316.785
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0855/00K000 | Flanders | 472 m² | - | - |
| 71022H0260/00F000 | Flanders | 72 m² | 1 · 72 m² | 14.4 m · 3 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 siteHasselt2.252.846.576
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. 9,374 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
Founded12-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
74301Translation services
74302Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0653940346
Also
9925:BE0653940346
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.