Skip to content

LAWADISSA

Active
Private limited company (pre-2019)founded 2017active for 9 yearsChemin de la Cavée(ISI) 36, 7822 Ath, BelgiumKBO/BCE: BE 0671.826.552
Summary

The computed 12-month bankruptcy probability of LAWADISSA is 8.5% (elevated). The 2024 annual accounts show negative equity (-€124,613) and a net result of -€38,648. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 14% of 15,842 sector peers (NACE 46, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
NACE 46160
1 site
Size
€372,115total assets 2024
Equity
-€124,613
Loss
-€38,648
Financial health
31 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.5%
Structure
Accounts 72 days overdue1 of 2 deeds read
Why 31raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 02-09-2025)Liquidity: current ratio 0.25, cash €3, halvedlowers riskSize: total assets €372,115Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 11% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 0-5
equity -33.5% of total assets
Liquidity 10-7
short-term debt 73.4% · cash 0.0%
Profitability 6-49
return on assets -10.4%
Bankruptcy probability, 12 months
8.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,870 companies, NACE 46, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.3%▼ -0.1 percentage points vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.2%▼ -0.1 percentage points vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025 08-2025: 1.8%▲ +0.5 percentage points vs 07-2025 09-2025: 2.2%▲ +0.4 percentage points vs 08-2025 10-2025: 2.4%▲ +0.2 percentage points vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 4.1%▲ +1.7 percentage points vs 12-2025 02-2026: 4.1%● unchanged vs 01-2026 03-2026: 4.0%▼ -0.1 percentage points vs 02-2026 04-2026: 4.2%▲ +0.2 percentage points vs 03-2026 05-2026: 4.3%▲ +0.1 percentage points vs 04-2026 06-2026: 4.2%▼ -0.1 percentage points vs 05-2026 07-2026: 4.3%▲ +0.1 percentage points vs 06-2026 08-2026: 5.1%▲ +0.8 percentage points vs 07-2026 09-2026: 6.1%▲ +1.0 percentage point vs 08-2026 10-2026: 8.5%▲ +2.4 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.25, compared with 0.34 in 2023; short-term debt: 73.4% and cash: 0% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 6% on solvency, 12% on liquidity, 15% on profitability and 11% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 02-09-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.25, cash €3, halved
NBB · annual accounts
lowers risk · Size: total assets €372,115
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€124,613
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
29 days late
2023
5 days early
2022
25 days late
2021
32 days early
2020
25 days late
2019
59 days early
← 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 3 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€124,613 View
  • Caution: Among the weakest 5% on equitysector median €56,011 · 15,880 companies -€124,613 View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View

By topic

Financials

Financial year
2024
Total assets
€372,115
Loss
-€38,648
Solvency
-33.5%
Total assets▼ 12.4%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2018
  1. 25-08-2023Annual accounts filed
  2. 29-06-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Agents in the wholesale of textiles, clothing, fur…NACE 46160
Founded
24-02-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.