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LAGY

Active
Private limited companyfounded 20242 yrs activeVioletstraat 32, 1000 Brussel, BelgiumKBO/BCE: BE 1006.756.268
Summary

The computed 12-month bankruptcy probability of LAGY is 17.1% (high). The 2024 annual accounts show negative equity (-€18,305) and a net result of -€23,305. Its solvency ranks better than 7% of 18930 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
17.1% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02; short-term debt: 282.3% and cash: 5.2% of total assets), and equity is negative.
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Signals

Six 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 2024
Solvency, return and age of the figures
Solvency
-182.3%
Return on assets
-232.1%
Age of the figures
21 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
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 · 1 filing
Deviation from the deadline
2024
13 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 13 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LAGY was incorporated on 5 March 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€18,305
Total assets
€10,039
Net result
-€23,305
Working capital
-€27,825

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €10,039
Fixed assets €9,520
Current assets €519
Key figures and ratios
2024 value
EBITDA
-€19,627
Cash flow
-€21,375
Solvency
-182.3%
Current ratio
0.02
Debt to equity
-1.55
ROA
-232.1%
Interest coverage
-11.23
Debt
€28,344
Debt ≤ 1 year
€28,344

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 17.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,663 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
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet Code2024
Assets
Total assets20/58€10,039
Fixed assets21/28€9,520
Tangible fixed assets22/27€9,520
Furniture and vehicles24€9,520
Current assets29/58€519
Cash at bank and in hand54/58€519
Equity and liabilities
Total equity and liabilities10/49€10,039
Equity10/15-€18,305
Contributions10/11€5,000
Profit (loss) carried forward14-€23,305
Amounts payable17/49€28,344
Amounts payable within one year42/48€28,344
Trade debts44€4,649
Suppliers440/4€4,649
Taxes, remuneration and social security45€571
Taxes450/3€571
Other amounts payable47/48€23,124
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,930
Other operating charges640/8€150
Gross operating margin9900-€19,477
Operating profit (loss)9901-€21,557
Financial charges65/66B€1,748
Recurring financial charges65€1,748
Profit (loss) for the period before taxes9903-€23,305
Profit (loss) for the period9904-€23,305
Profit (loss) for the period to be appropriated9905-€23,305
Appropriation of the result
Profit (loss) to be appropriated9906-€23,305

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,930
Other operating charges640/8€150
Gross operating margin9900-€19,477
Operating profit (loss)9901-€21,557
Financial charges65/66B€1,748
Recurring financial charges65€1,748
Profit (loss) for the period before taxes9903-€23,305
Profit (loss) for the period9904-€23,305
Profit (loss) for the period to be appropriated9905-€23,305
Line2024
Assets
Total assets20/58€10,039
Fixed assets21/28€9,520
Tangible fixed assets22/27€9,520
Furniture and vehicles24€9,520
Current assets29/58€519
Cash at bank and in hand54/58€519
Equity and liabilities
Total equity and liabilities10/49€10,039
Equity10/15-€18,305
Contributions10/11€5,000
Profit (loss) carried forward14-€23,305
Amounts payable17/49€28,344
Amounts payable within one year42/48€28,344
Trade debts44€4,649
Suppliers440/4€4,649
Taxes, remuneration and social security45€571
Taxes450/3€571
Other amounts payable47/48€23,124
Line2024
Profit (loss) for the period9904-€23,305
+ Depreciation and write-downs630€1,930
Operating cash flow (approximation)-€21,375

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Brussel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
156 m²
Building footprint
156 m²
Volume, LiDAR
1,920 m³
Parcel 21004A1177/00B000, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
LAGY
Violetstraat 32, 1000 BrusselFood and beverage service activities
since 20242.356.765.349
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21004A1177/00B000 Brussels 156 m² 1 · 156 m² 17.9 m · 5 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 site
Brussel2.356.765.349
1 permission
Toelating · Eetgelegenheid · since 01-05-2024

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006756268
Also 9925:BE1006756268
Registered 27-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.