Turnover
≈ €320,000 estimated
The micro format states no turnover.
LarZie
Lifetime
1 annual account with figurespeak €111,127 (2025)
€111,127
peak €46,281 (2025)
€46,281
peak €66,281 (2025)
€66,281
€379,134
Board2 names since 2024
2 directorsAlicia Ginette Adrien BRUTEIN and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€379,134 85% of the balance sheet
Financial debts 71%Suppliers 4%Taxes and wages 6%Other 20%
Of this, €111,494 falls due within a year.
Position in the sector
€46,281
Higher net result than 87% of companies in food and beverage service. Sector median €4,887 · 17,129 companies.
Checked score
54
Fair
Financially stronger than 48% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 3.9%
11-2025: 3.9%● unchanged vs 10-2025
12-2025: 4.0%▲ +0.1 percentage points vs 11-2025
01-2026: 4.4%▲ +0.4 percentage points vs 12-2025
02-2026: 4.6%▲ +0.2 percentage points vs 01-2026
03-2026: 4.9%▲ +0.3 percentage points vs 02-2026
04-2026: 4.9%● unchanged vs 03-2026
05-2026: 5.3%▲ +0.4 percentage points vs 04-2026highest value
06-2026: 5.3%● unchanged vs 05-2026
07-2026: 5.1%▼ -0.2 percentage points vs 06-2026
08-2026: 2.1%▼ -3.0 percentage points vs 07-2026lowest value
09-2026: 2.1%● unchanged vs 08-2026
10-2026: 2.1%● unchanged vs 09-2026
11-2026: 2.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Food and beverage service activities (NACE 56)
Liquidity: current ratio 0.42, cash €10,035
lowers risk
Size: total assets €445,415
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 37% of them on solvency, 39% on liquidity and 68% on profitability.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as LarZie has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LarZie itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for LarZie. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.42, below 1. Short-term debt is 25% and cash 2.3% of total assets. 85.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
17 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- Bram COENEN founderdeed of 30-09-2024
- Alicia Ginette Adrien BRUTEIN founderdeed of 30-09-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014168058
Incorporation
Founding capital of €20,000, 2,000 shares · Founders: Bram COENEN and Alicia Ginette Adrien BRUTEIN · Appointments: Bram COENEN (director) and Alicia Ginette Adrien BRUTEIN (director) · published on 30-09-2024 · Gazette deed
First establishment
Vuurtorendok-Zuid 29, Ostend
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LarZie Ostend | €445,415 | €111,127 | 14.9% | - |
| KANTINE Koksijde | €379,328 | €111,490 | -37.6% | 4.3 |
| SUEB Zonnebeke | €373,514 | €112,421 | 13.1% | - |
| PIER & POL Ostend | €590,401 | €92,144 | 5.6% | - |
| BOENK FRIETBISTRO Ichtegem | €554,465 | €128,088 | 6.9% | - |
| STUDIO 97 Braine-le-Comte | €412,986 | €89,228 | -3.5% | - |
| COMIDA Boortmeerbeek | €417,176 | €133,388 | -59.1% | 6.1 |
These companies have the same main activity as LarZie: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €374,000 and €590,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 26-09-2024Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.364.413.7018400 Ostend, since 26-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 29-06-2026
Annual accounts 2025
- €445,415
- Employeeson 31-12-2025
- 2
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on LarZie
The computed 12-month bankruptcy probability of LarZie is 2.1% (moderate). The 2025 annual accounts show equity of €66,281 and a net result of €46,281.
Its solvency ranks better than 37% of 17,153 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LarZie
- What is the company number of LarZie?
- The company number of LarZie is 1014.168.058. The VAT number is the same number with BE in front: BE 1014.168.058.
- Where is LarZie based?
- The registered office is at Vuurtorendok-Zuid 29, 8400 Ostend.Company details
- What does LarZie do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of LarZie?
- LarZie is a private limited company (BV).
- When was LarZie founded?
- LarZie was founded on 26-09-2024.
- Is LarZie still active?
- Yes, LarZie is an active enterprise in the KBO register.
- How many employees does LarZie have?
- LarZie had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of LarZie?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €111,127 and 87 comparable companies (NACE 56111). It probably lies between €270,000 and €390,000.
- Is LarZie profitable?
- In financial year 2025, LarZie made a profit of €46,281.
- Where can I find the annual accounts of LarZie?
- LarZie filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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