LARSO
ActiveThe computed 12-month bankruptcy probability of LARSO is 2.9% (moderate). The 2024 annual accounts show equity of €10k and a net result of €-2k. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 18936 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
70
/ 100
Healthy▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 21.39 against 25.59 in 2023), and 4.7% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 56
higher
← 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
95.3%
Return on assets
-19.6%
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 30-08-2025, 30 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
106 d late
2022
26 d early
2021
73 d late
2020
1 d early
2019
7 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€10k▼ 17.1%
2023 · €12k
2018: €19k
2019: €17k
2020: €16k
2021: €15k
2022: €14k
2023: €12k
2018 → 2024
Total assets
€10k▼ 16.4%
2023 · €12k
2018: €20k
2019: €20k
2020: €18k
2021: €16k
2022: €16k
2023: €12k
2018 → 2024
Net result
€-2k▲ 3.0%
2023 · €-2k
2018: €591
2019: €-2k
2020: €-2k
2021: €-320
2022: €-2k
2023: €-2k
2018 → 2024
Working capital
€10k▼ 17.1%
2023 · €12k
2018: €19k
2019: €17k
2020: €16k
2021: €15k
2022: €14k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€16k-€15k▼ 2.0%€14k▼ 11.9%€12k▼ 15.0%€10k▼ 17.1%
Operating result€-2k-€-242▲ 84.8%€-2k▼ 630%€-2k▼ 11.4%€-2k▲ 2.4%
Net result€-2k-€-320▲ 80.6%€-2k▼ 476%€-2k▼ 10.9%€-2k▲ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €2k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €10k
Equity
€10k▼ 17.1%
Debt
€472=
The debt ratio rises from 3.9% to 4.7%: equity shrinks.
Key figures and ratios
Solvency
95.3%▼
2023 · 96.1%
Current ratio
21.39▼
2023 · 25.59
Quick ratio
21.39▼
2023 · 25.59
Debt / equity
0.05▲
2023 · 0.04
ROE
-20.6%▼
2023 · -17.6%
ROA
-19.6%▼
2023 · -16.9%
Debt
€472=
2023 · €472
Debt ≤ 1 year
€472=
2023 · €472
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€12k€10k▼
Current assets29/58€12k€10k▼
Amounts receivable within one year40/41€12k€10k▼
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€135€65▼
Equity and liabilities
Total equity and liabilities10/49€12k€10k▼
Equity10/15€12k€10k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€30€30=
Non-distributable reserves130/1€30€30=
Reserves not available under the articles1311€30€30=
Profit (loss) carried forward14€-7k€-9k▼
Amounts payable17/49€472€472=
Amounts payable within one year42/48€472€472=
Trade debts44€472€472=
Suppliers440/4€472€472=
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€2k€2k▼
Gross operating margin9900€-2k€-2k▲
Operating profit (loss)9901€-2k€-2k▲
Financial charges65/66B€78€63▼
Recurring financial charges65€78€63▼
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-9k▼
Profit (loss) brought forward from the previous period14P€-5k€-7k▼
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 106 days late
2023
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 25.59
Current ratio from 7.63 to 25.59; short-term debt falls from €2k to €472.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 30.19
Current ratio from 10.24 to 30.19; short-term debt falls from €2k to €531.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bastogne · 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.
Avenue Olivier 216600 BastogneGround area
1,357 m²
Building footprint
362 m²
Volume, LiDAR
4,183 m³
2 parcels, Wallonia · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Le Spooon
since 20172.269.173.062
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82003E1431/00Z002 | Wallonia | 1,146 m² | 1 · 149 m² | 8.4 m · 2 fl. |
| 82302B0252/00D000indicative | Wallonia | 211 m² | 1 · 213 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 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 siteBastogne2.269.173.062
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 6,817 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2017
Fiscal year end31-12
Activities, NACEBEL
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.