LAGOON
ActiveSummary
LAGOON has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €15k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+5
Solvency53▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.48 in 2024; short-term debt: 71.7% and cash: 17.1% of total assets), and 71.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Sector 56
higher
← 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
28.3%
Return on assets
11%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
56 d early
2023
48 d early
2022
54 d early
2021
40 d early
2020
51 d early
2019
7 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▲ 63.3%
2024 · €23k
2018: €-26k
2019: €5k
2020: €25k
2021: €22k
2022: €21k
2023: €19k
2024: €23k
2018 → 2025
Total assets
€135k▲ 123%
2024 · €61k
2018: €17k
2019: €42k
2020: €45k
2021: €52k
2022: €35k
2023: €50k
2024: €61k
2018 → 2025
Net result
€15k▲ 223%
2024 · €5k
2018: €-28k
2019: €31k
2020: €20k
2021: €-4k
2022: €-897
2023: €-2k
2024: €5k
2018 → 2025
Working capital
€32k▲ 78.8%
2024 · €18k
2018: €-33k
2019: €-3k
2020: €19k
2021: €14k
2022: €14k
2023: €12k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€21k▼ 4.1%€19k▼ 9.8%€23k▲ 24.3%€38k▲ 63.3%
Operating result€-3k-€-1k▲ 66.5%€-2k▼ 63.2%€7k€15k▲ 126%
Net result€-4k-€-897▲ 74.6%€-2k▼ 127%€5k€15k▲ 223%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 126% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€6k ▲ 14.4%
Current assets
€129k ▲ 135%
Equity and liabilities €135k
Equity
€38k ▲ 63.3%
Debt
€97k ▲ 161%
Debt's share of the balance-sheet total rises from 61.3% to 71.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.33▼
2024 · 1.48
Quick ratio
1.28▲
2024 · 1.27
Debt to equity
2.54▲
2024 · 1.59
ROE
38.7%▲
2024 · 19.6%
ROA
11.0%▲
2024 · 7.6%
Debt ≤ 1 year
€97k▲
2024 · €37k
Staff costs
€74k▼
2024 · €80k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€61k€135k▲
Fixed assets21/28€6k€6k▲
Tangible fixed assets22/27€964€2k▲
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€516€1k▲
Other tangible fixed assets26€449€449=
Financial fixed assets28€5k€5k=
Current assets29/58€55k€129k▲
Stocks and contracts in progress3€8k€5k▼
Stocks30/36€8k€5k▼
Amounts receivable within one year40/41€44k€101k▲
Trade receivables40€39k€85k▲
Other amounts receivable41€5k€16k▲
Cash at bank and in hand54/58€3k€23k▲
Equity and liabilities
Total equity and liabilities10/49€61k€135k▲
Equity10/15€23k€38k▲
Contributions10/11€19k€19k=
Reserves13€28k€28k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-23k€-8k▲
Amounts payable17/49€37k€97k▲
Amounts payable within one year42/48€37k€97k▲
Trade debts44€24k€79k▲
Suppliers440/4€24k€79k▲
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€3k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€80k€74k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€769-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€90k€91k▲
Operating profit (loss)9901€7k€15k▲
Financial income75/76B€715€2▼
Recurring financial income75€715€2▼
Financial charges65/66B€2k€194▼
Recurring financial charges65€2k€194▼
Profit (loss) for the period before taxes9903€5k€15k▲
Income taxes67/77€864-
Profit (loss) for the period9904€5k€15k▲
Profit (loss) for the period to be appropriated9905€5k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-8k▲
Profit (loss) brought forward from the previous period14P€-28k€-23k▲
The notes to these accounts (6 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.98
Current ratio from 0.93 to 1.98; short-term debt falls from €37k to €20k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Antwerpen · 1 establishment unit since 1987
Ground area
29 m²
Building footprint
29 m²
Volume, LiDAR
369 m³
Parcel 11002A1091/00_000, Flanders · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
De Zwaan
since 19872.031.823.960
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1091/00_000 | Flanders | 29 m² | 1 · 29 m² | 15.2 m · 5 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).
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,159 EUR awarded · 2,159 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 159 EUR | 159 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.031.823.960
Legal Entity Identifier
699400GEJ14PF33MGY89
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TENNIS PANORAMA
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DOGMA
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CAFÉ DE LA REINE
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,890. 4,102 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-04-1987
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.