LAVERA
Judicial reorganisationSummary
The file of LAVERA contains 1 judicial reorganisation, as published in the Belgian State Gazette. The KBO register records for LAVERA the legal situation: special situation; this is today's state according to the register itself, which carries no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€235,429) and a net result of -€229,139. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2300 sector peers (fiscal year 2025).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Ghent
- Opened
- 16 June 2026
- Track
- Reorganisation by collective agreement
- Docket number
- 20260014
- Delegated judge
- Patrick Beeckmans
- Official Gazette
- 24-06-2026 (pdf) ↗search the document for 2026/127404
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help. Full guide for creditors
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Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-16
Growth32▼-46
Track record30
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.15 against 0.58 in 2024; short-term debt: 200.5% and cash: 2.6% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€235,429
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
5 d early
2023
33 d early
2022
34 d early
2021
34 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Organisation of conventions and trade shows sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€235,429▼ 3,643%
2024 · -€6,290
Total assets
€133,173▲ 88.4%
2024 · €70,681
Net result
-€229,139
2024 · €57,429
Working capital
-€227,642▼ 603%
2024 · -€32,392
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€196,452€2,789▼ 98.6%€78,536▲ 2,716%€62,138▼ 20.9%-€218,087
Net result€192,298€976▼ 99.5%€75,320▲ 7,618%€57,429▼ 23.8%-€229,139
Equity-€140,015▲ 57.9%-€139,039▲ 0.7%-€63,720▲ 54.2%-€6,290▲ 90.1%-€235,429▼ 3,643%
Total assets€194,916▲ 127%€99,359▼ 49.0%€62,887▼ 36.7%€70,681▲ 12.4%€133,173▲ 88.4%
Debt€334,932▼ 19.9%€238,398▼ 28.8%€126,606▼ 46.9%€76,972▼ 39.2%€368,602▲ 379%
Working capital€43,116-€14,091-€92,773▼ 558%-€32,392▲ 65.1%-€227,642▼ 603%
Staff (FTE)3▼ 21.1%4.1▲ 36.7%3▼ 26.8%2.2▼ 26.7%1.5▼ 31.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €218,087 after €62,138 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133,173
Fixed assets
€93,836 ▲ 259%
Current assets
€39,337 ▼ 11.8%
Key figures and ratios
EBITDA
-€202,796▼
2024 · €71,787
Cash flow
-€213,848▼
2024 · €67,078
Solvency
-176.8%▼
2024 · -8.9%
Current ratio
0.15▼
2024 · 0.58
Quick ratio
0.08▼
2024 · 0.54
Debt to equity
-1.57▲
2024 · -12.24
ROA
-172.1%▼
2024 · 81.3%
Interest coverage
-18.31▼
2024 · 15.24
Debt ≤ 1 year
€266,979▲
2024 · €76,972
Debt > 1 year
€101,624
Staff costs
€91,113▼
2024 · €105,191
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €34,437 | - |
| Remuneration, social security and pensions62 | €81,862 | €166,583 | €98,407 | €105,191 | €91,113 | ▼ 13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,728 | €24,416 | €39,683 | €9,649 | €15,291 | ▲ 58.5% |
| Other operating charges640/8 | €2,497 | €3,489 | €2,308 | €18,203 | €11,809 | ▼ 35.1% |
| Non-recurring operating charges66A | - | - | - | €1,183 | €19,312 | ▲ 1,532% |
| Gross operating margin9900 | €300,539 | €197,277 | €218,935 | €196,364 | -€80,561 | ▼ 141% |
| Operating profit (loss)9901 | €196,452 | €2,789 | €78,536 | €62,138 | -€218,087 | ▼ 451% |
| Financial income75/76B | - | €50 | €43 | - | €21 | - |
| Recurring financial income75 | - | €50 | €43 | - | €21 | - |
| Financial charges65/66B | €4,154 | €1,863 | €3,260 | €4,709 | €11,073 | ▲ 135% |
| Recurring financial charges65 | €4,154 | €1,863 | €3,260 | €4,709 | €11,073 | ▲ 135% |
| Profit (loss) for the period before taxes9903 | €192,298 | €976 | €75,320 | €57,429 | -€229,139 | ▼ 499% |
| Profit (loss) for the period9904 | €192,298 | €976 | €75,320 | €57,429 | -€229,139 | ▼ 499% |
| Profit (loss) for the period to be appropriated9905 | €192,298 | €976 | €75,320 | €57,429 | -€229,139 | ▼ 499% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €194,916 | €99,359 | €62,887 | €70,681 | €133,173 | ▲ 88.4% |
| Fixed assets21/28 | €87,049 | €69,087 | €32,556 | €26,102 | €93,836 | ▲ 259% |
| Intangible fixed assets21 | - | - | - | €2,420 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €79,095 | €61,133 | €24,602 | €15,728 | €83,462 | ▲ 431% |
| Plant, machinery and equipment23 | €67,340 | €54,806 | €19,203 | €11,257 | €27,839 | ▲ 147% |
| Furniture and vehicles24 | €11,755 | €6,327 | €5,399 | €4,471 | €3,543 | ▼ 20.8% |
| Other tangible fixed assets26 | - | - | - | - | €52,079 | - |
| Financial fixed assets28 | €7,954 | €7,954 | €7,954 | €7,954 | €10,374 | ▲ 30.4% |
| Current assets29/58 | €107,867 | €30,272 | €30,330 | €44,579 | €39,337 | ▼ 11.8% |
| Stocks and contracts in progress3 | €1,900 | €3,450 | €3,338 | €3,338 | €17,500 | ▲ 424% |
| Stocks30/36 | €1,900 | €3,450 | €3,338 | €3,338 | €17,500 | ▲ 424% |
| Amounts receivable within one year40/41 | €14,065 | - | €10,644 | €36,658 | €18,338 | ▼ 50.0% |
| Trade receivables40 | €14,065 | - | €10,644 | €29,889 | €13,220 | ▼ 55.8% |
| Other amounts receivable41 | - | - | - | €6,768 | €5,118 | ▼ 24.4% |
| Cash at bank and in hand54/58 | €91,902 | €18,322 | €16,348 | €4,584 | €3,475 | ▼ 24.2% |
| Deferred charges and accrued income490/1 | - | €8,500 | - | - | €24 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €194,916 | €99,359 | €62,887 | €70,681 | €133,173 | ▲ 88.4% |
| Equity10/15 | -€140,015 | -€139,039 | -€63,720 | -€6,290 | -€235,429 | ▼ 3,643% |
| Contributions10/11 | €49,579 | €49,579 | €49,579 | €49,579 | €49,579 | = |
| Capital10 | €49,579 | - | - | - | €49,579 | - |
| Issued capital100 | €49,579 | - | - | - | €49,579 | - |
| Profit (loss) carried forward14 | -€189,594 | -€188,618 | -€113,298 | -€55,869 | -€285,008 | ▼ 410% |
| Amounts payable17/49 | €334,932 | €238,398 | €126,606 | €76,972 | €368,602 | ▲ 379% |
| Amounts payable after more than one year17 | €270,180 | €194,036 | €3,503 | - | €101,624 | - |
| Financial debts170/4 | €270,180 | €194,036 | €3,503 | - | €101,624 | - |
| Amounts payable within one year42/48 | €64,752 | €44,362 | €123,103 | €76,972 | €266,979 | ▲ 247% |
| Financial debts43 | - | €21,223 | €47,291 | €43,027 | €110,045 | ▲ 156% |
| Credit institutions430/8 | - | €21,223 | €47,291 | €43,027 | €85 | ▼ 99.8% |
| Other loans439 | - | - | - | - | €109,959 | - |
| Trade debts44 | €50,499 | €8,339 | €32,760 | €14,842 | €92,379 | ▲ 522% |
| Suppliers440/4 | €50,499 | €8,339 | €32,760 | €14,842 | €92,379 | ▲ 522% |
| Taxes, remuneration and social security45 | €14,252 | €14,801 | €11,953 | €8,711 | €34,938 | ▲ 301% |
| Taxes450/3 | €14,252 | €14,801 | €11,953 | €6,966 | €17,340 | ▲ 149% |
| Remuneration and social security454/9 | - | - | - | €1,745 | €17,598 | ▲ 908% |
| Other amounts payable47/48 | - | - | €31,099 | €10,392 | €29,617 | ▲ 185% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €192,298 | €976 | €75,320 | €57,429 | -€229,139 | ▼ 499% |
| + Depreciation and write-downs630 | €19,728 | €24,416 | €39,683 | €9,649 | €15,291 | ▲ 58.5% |
| Operating cash flow (approximation) | €212,026 | €25,391 | €115,003 | €67,078 | -€213,848 | ▼ 419% |
| Investment in fixed assets (approximation) | - | -€6,453 | -€3,153 | -€3,195 | -€83,025 | ▼ 2,499% |
| Change in cash | - | -€73,581 | -€1,974 | -€11,764 | -€1,109 | ▲ 90.6% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
24-06
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement (SME) · event 16-06-2026
2025
31-12
Financial
Weakest financial yearnet -€229,139
Net result drops to -€229,139, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €192,298
Net result €192,298 after 3 loss-making years.
31-12
Financial
Liquidity times 13current ratio 1.67
Current ratio from 0.13 to 1.67.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Aalst · 1 establishment unit since 2025
Ground area
1,197 m²
Building footprint
765 m²
Volume, LiDAR
4,628 m³
2 parcels, Flanders · tallest building 20.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Tijdloze Tafel
since 20252.371.323.564
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322L0211/00B000 | Flanders | 945 m² | 1 · 667 m² | 20.0 m · 2 fl. |
| 41303D0801/00B002 | Flanders | 252 m² | 1 · 98 m² | - |
Linked by address, not proof of ownership
Good to know
2 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 siteAsse2.371.323.564
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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 4,579 companies in sector 82300 we hold annual accounts for 1,673. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-10-1994
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
90391Promotion and organisation of arts and performing arts events
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453516570
Also
9925:BE0453516570
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.