LARGO
ActiveThe computed 12-month bankruptcy probability of LARGO is 3.0% (moderate). The 2024 annual accounts show equity of €43k and a net result of €9k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 1775 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent▲ +6 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+61
Solvency100▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 1.94 in 2023), and 21% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
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
79%
Return on assets
17.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
60 d late
2023
119 d late
2022
141 d late
2021
20 d early
2020
31 d late
2019
47 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▲ 264%
2023 · €3k
2018: €14k
2019: €14k
2020: €-225
2021: €20k
2022: €-17k
2023: €3k
2018 → 2024
Working capital
€15k▲ 1.2%
2023 · €14k
2018: €13k
2019: €22k
2020: €17k
2021: €34k
2022: €17k
2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€48k▲ 71.1%€31k▼ 34.9%€34k▲ 8.4%€43k▲ 28.2%
Operating result€337-€20k▲ 5,848%€-16k€3k€12k▲ 282%
Net result€-225-€20k€-17k€3k€9k▲ 264%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 282% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€28k▲ 48.5%
Current assets
€26k▼ 12.7%
Equity and liabilities €55k
Equity
€43k▲ 28.2%
Debt
€11k▼ 25.6%
The debt ratio falls from 31.4% to 21.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€17k▲
2023 · €7k
Cash flow
€15k▲
2023 · €6k
Solvency
79.0%▲
2023 · 68.6%
Current ratio
2.27▲
2023 · 1.94
Quick ratio
2.23▲
2023 · 1.84
Debt / equity
0.27▼
2023 · 0.46
ROE
22.0%▲
2023 · 7.8%
ROA
17.4%▲
2023 · 5.3%
Interest coverage
10.08▲
2023 · 6.64
Debt
€11k▼
2023 · €15k
Debt ≤ 1 year
€11k▼
2023 · €15k
Income taxes
€500
Staff costs
€13k▼
2023 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€49k€55k▲
Fixed assets21/28€19k€28k▲
Tangible fixed assets22/27€13k€22k▲
Plant, machinery and equipment23€8k€14k▲
Furniture and vehicles24€5k€9k▲
Financial fixed assets28€6k€6k=
Current assets29/58€30k€26k▼
Stocks and contracts in progress3€1k€483▼
Stocks30/36€1k€483▼
Amounts receivable within one year40/41€12k€10k▼
Trade receivables40€12k€10k▼
Cash at bank and in hand54/58€15k€13k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€49k€55k▲
Equity10/15€34k€43k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€26k€35k▲
Amounts payable17/49€15k€11k▼
Amounts payable within one year42/48€15k€11k▼
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€457-
Other amounts payable47/48€674€48▼
Income statement
Code20232024
Remuneration, social security and pensions62€50k€13k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€942€3k▲
Non-recurring operating charges66A-€231
Gross operating margin9900€58k€33k▼
Operating profit (loss)9901€3k€12k▲
Financial income75/76B€522-
Recurring financial income75€522-
Financial charges65/66B€979€2k▲
Recurring financial charges65€979€2k▲
Profit (loss) for the period before taxes9903€3k€10k▲
Income taxes67/77-€500
Profit (loss) for the period9904€3k€9k▲
Profit (loss) for the period to be appropriated9905€3k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€35k▲
Profit (loss) brought forward from the previous period14P€23k€26k▲
Social balance
Average headcount (FTE)90871.5-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 119 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 141 days late
2022
31-12
Financial
Weakest financial yearnet €-17k ▼184%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.80
Current ratio from 1.37 to 2.80; short-term debt falls from €46k to €19k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brussel · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Trapstraat 21000 BrusselGround area
352 m²
Building footprint
310 m²
Volume, LiDAR
4,063 m³
Parcel 21004A1354/00D000, Brussels · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TASTY BREAK
since 20172.261.046.343
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1354/00D000 | Brussels | 352 m² | 1 · 309 m² | 19.5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.261.046.343
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Of 21,627 companies in sector 56112 we hold annual accounts for 9,656. 8,326 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2013
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.