LARA
ActiveSummary
The computed 12-month bankruptcy probability of LARA is 1.9% (moderate). The 2024 annual accounts show equity of €21,525 and a net result of €1,530. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 87% of 18940 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+2
Solvency99▼-1
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.76 against 3.22 in 2023; short-term debt: 26.3% and cash: 0.3% of total assets), and 26.3% of the assets are financed with debt.
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Signals
Five 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
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
73.7%
Return on assets
5.2%
Age of the figures
21 mo
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €21,525
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
59 d late
2022
30 d late
2021
44 d late
2020
48 d late
2019
75 d late
← 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 52 days after 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
€21,525▲ 7.7%
2023 · €19,995
Total assets
€29,196▲ 17.6%
2023 · €24,830
Net result
€1,530▲ 97.8%
2023 · €774
Working capital
€13,533▲ 26.0%
2023 · €10,738
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€7,060-€653▲ 90.7%€6,250€789▼ 87.4%€1,541▲ 95.2%
Net result-€6,302within the sector's middle half-€1,014within the sector's middle half▲ 83.9%€6,144within the sector's middle half€774within the sector's middle half▼ 87.4%€1,530within the sector's middle half▲ 97.8%
Equity€14,091within the sector's middle half▼ 30.9%€13,077within the sector's middle half▼ 7.2%€19,221within the sector's middle half▲ 47.0%€19,995within the sector's middle half▲ 4.0%€21,525within the sector's middle half▲ 7.7%
Total assets€41,230within the sector's middle half▼ 7.1%€23,891below the sector's middle half▼ 42.1%€25,814below the sector's middle half▲ 8.1%€24,830below the sector's middle half▼ 3.8%€29,196below the sector's middle half▲ 17.6%
Debt€27,139▲ 13.2%€10,813▼ 60.2%€6,593▼ 39.0%€4,835▼ 26.7%€7,671▲ 58.7%
Working capital€8,623within the sector's middle half▼ 34.0%€2,243within the sector's middle half▼ 74.0%€7,171within the sector's middle half▲ 220%€10,738within the sector's middle half▲ 49.7%€13,533within the sector's middle half▲ 26.0%
Solvency34.2%within the sector's middle half▼ 11.8pp54.7%within the sector's middle half▲ 20.6pp74.5%above the sector's middle half▲ 19.7pp80.5%above the sector's middle half▲ 6.1pp73.7%above the sector's middle half▼ 6.8pp
Current ratio1.50within the sector's middle half▼ 0.651.32within the sector's middle half▼ 0.182.09within the sector's middle half▲ 0.773.22above the sector's middle half▲ 1.132.76above the sector's middle half▼ 0.46
Return on assets (ROA)-15.3%below the sector's middle half▼ 16.1pp-4.2%below the sector's middle half▲ 11.0pp23.8%above the sector's middle half▲ 28.0pp3.1%within the sector's middle half▼ 20.7pp5.2%within the sector's middle half▲ 2.1pp
Staff (FTE)0.4below the sector's middle half▲ 33.3%0.5▲ 25.0%0.6▲ 20.0%0.7▲ 16.7%1▲ 42.9%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 95% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29,196
Fixed assets
€7,992 ▼ 13.7%
Current assets
€21,204 ▲ 36.2%
Equity and liabilities €29,196
Equity
€21,525 ▲ 7.7%
Debt
€7,671 ▲ 58.7%
Debt's share of the balance-sheet total rises from 19.5% to 26.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5,913▲
2023 · €4,723
Cash flow
€5,902▲
2023 · €4,708
Quick ratio
2.48▼
2023 · 2.85
Debt to equity
0.36▲
2023 · 0.24
ROE
7.1%▲
2023 · 3.9%
Interest coverage
6.66▼
2023 · 12.34
Debt ≤ 1 year
€7,671▲
2023 · €4,835
Staff costs
€5,371▲
2023 · €3,014
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 497,662 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% | 1.7% |
| 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 75% 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 34,679 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 | - | €1,391 | €7,338 | €3,014 | €5,371 | ▲ 78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,677 | €3,141 | €3,509 | €3,934 | €4,372 | ▲ 11.1% |
| Other operating charges640/8 | - | €2,448 | €2,126 | €2,753 | €2,058 | ▼ 25.2% |
| Gross operating margin9900 | €5,429 | €6,326 | €19,223 | €10,490 | €13,342 | ▲ 27.2% |
| Operating profit (loss)9901 | -€7,060 | -€653 | €6,250 | €789 | €1,541 | ▲ 95.2% |
| Financial income75/76B | - | €588 | €545 | €602 | €877 | ▲ 45.8% |
| Recurring financial income75 | €1,992 | €588 | €545 | €602 | €877 | ▲ 45.8% |
| Financial charges65/66B | - | €1,052 | €652 | €383 | €888 | ▲ 132% |
| Recurring financial charges65 | €969 | €1,052 | €652 | €383 | €888 | ▲ 132% |
| Profit (loss) for the period before taxes9903 | -€6,037 | -€1,117 | €6,144 | €1,008 | €1,530 | ▲ 51.7% |
| Income taxes67/77 | €266 | -€103 | - | €235 | - | - |
| Profit (loss) for the period9904 | -€6,302 | -€1,014 | €6,144 | €774 | €1,530 | ▲ 97.8% |
| Profit (loss) for the period to be appropriated9905 | -€6,302 | -€1,014 | €6,144 | €774 | €1,530 | ▲ 97.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41,230 | €23,891 | €25,814 | €24,830 | €29,196 | ▲ 17.6% |
| Fixed assets21/28 | €15,210 | €14,569 | €12,050 | €9,257 | €7,992 | ▼ 13.7% |
| Tangible fixed assets22/27 | €15,210 | €14,569 | €12,050 | €9,257 | €7,992 | ▼ 13.7% |
| Land and buildings22 | - | €10,180 | €7,916 | €5,652 | €3,561 | ▼ 37.0% |
| Plant, machinery and equipment23 | - | €4,388 | €3,291 | €2,194 | €1,138 | ▼ 48.1% |
| Furniture and vehicles24 | - | - | €843 | €1,410 | €3,292 | ▲ 133% |
| Current assets29/58 | €26,021 | €9,322 | €13,764 | €15,573 | €21,204 | ▲ 36.2% |
| Stocks and contracts in progress3 | €528 | €389 | €515 | €1,774 | €2,174 | ▲ 22.6% |
| Stocks30/36 | - | €389 | €515 | €1,774 | €2,174 | ▲ 22.6% |
| Amounts receivable within one year40/41 | €13,361 | €5,408 | €11,580 | €12,124 | €17,620 | ▲ 45.3% |
| Other amounts receivable41 | - | €5,408 | €11,580 | €12,124 | €17,620 | ▲ 45.3% |
| Cash at bank and in hand54/58 | - | - | €109 | - | €99 | - |
| Deferred charges and accrued income490/1 | - | €3,525 | €1,560 | €1,675 | €1,311 | ▼ 21.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41,230 | €23,891 | €25,814 | €24,830 | €29,196 | ▲ 17.6% |
| Equity10/15 | €14,091 | €13,077 | €19,221 | €19,995 | €21,525 | ▲ 7.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,794 | €1,794 | €1,794 | €1,794 | €2,925 | ▲ 63.1% |
| Non-distributable reserves130/1 | - | €1,794 | €1,794 | - | - | - |
| Reserves not available under the articles1311 | - | €1,794 | €1,794 | - | - | - |
| Distributable reserves133 | - | - | - | €1,794 | €2,925 | ▲ 63.1% |
| Profit (loss) carried forward14 | -€6,302 | -€7,316 | -€1,172 | -€399 | - | - |
| Amounts payable17/49 | €27,139 | €10,813 | €6,593 | €4,835 | €7,671 | ▲ 58.7% |
| Amounts payable after more than one year17 | €8,035 | €3,735 | - | - | - | - |
| Financial debts170/4 | - | €3,735 | - | - | - | - |
| Amounts payable within one year42/48 | €17,398 | €7,079 | €6,593 | €4,835 | €7,671 | ▲ 58.7% |
| Current portion of amounts payable after more than one year42 | - | €4,300 | €3,735 | - | - | - |
| Financial debts43 | - | €34 | €843 | €2,216 | - | - |
| Credit institutions430/8 | - | €34 | €843 | €2,216 | - | - |
| Trade debts44 | €9,238 | €2,282 | €1,988 | €2,289 | €4,527 | ▲ 97.8% |
| Suppliers440/4 | - | €2,282 | €1,988 | €2,289 | €4,527 | ▲ 97.8% |
| Taxes, remuneration and social security45 | - | €462 | €27 | €329 | €3,144 | ▲ 855% |
| Taxes450/3 | - | €462 | - | €325 | €1,383 | ▲ 326% |
| Remuneration and social security454/9 | - | - | €27 | €5 | €1,761 | ▲ 37,358% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,302 | -€1,014 | €6,144 | €774 | €1,530 | ▲ 97.8% |
| + Depreciation and write-downs630 | €4,677 | €3,141 | €3,509 | €3,934 | €4,372 | ▲ 11.1% |
| Operating cash flow (approximation) | -€1,625 | €2,127 | €9,652 | €4,708 | €5,902 | ▲ 25.4% |
| Investment in fixed assets (approximation) | - | -€2,500 | -€990 | -€1,140 | -€3,107 | ▼ 172% |
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
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €6,144
Net result €6,144 after 2 loss-making years.
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
31-12
Financial
Weakest financial yearnet -€6,302
Net result drops to -€6,302, the lowest in the series; recovery starts the following year.
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
15-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Herentals · 1 establishment unit since 2015
Ground area
114 m²
Building footprint
114 m²
Volume, LiDAR
616 m³
Parcel 13302G0077/00L000, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EL GRECO
since 20152.237.792.572
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302G0077/00L000 | Flanders | 114 m² | 1 · 114 m² | 11.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerentals2.237.792.572
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,783. 8,134 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
Founded07-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0567707841
Also
9925:BE0567707841
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.