LC COMPANY

Active

Private limited companyfounded 2009active for 17 yearsKattegatstraat 201, 8380 Brugge, BelgiumKBO/BCE: BE 0809.918.128

The file of LC COMPANY contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The annual accounts of LC COMPANY for financial year 2024 show a net loss of 80% of the equity at the start of that year. The computed 12-month bankruptcy probability is at least 25% (high). The 2024 annual accounts show equity of €75,074 and a net result of -€299,332. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 14% of 8,969 sector peers (NACE 46, financial year 2024).

Risk analysisFollow Report Compare

LC COMPANYActiveChecked score 7/100

Risk analysis Report Compare

Activity

Wholesale trade

NACE 46323Manufacture of food products NACE 10850

2 sites

Size

€951,038total assets 2024

Staff: 2.3 FTE
Equity: €75,074
Loss: -€299,332

Turnover not published (abbreviated or micro format)

Financial health

7 Critical Checked score 2024

Bankruptcy probabilitywithin 12 months: ≥ 25%

Structure

2025 accounts not filed, 86 days past the deadline5 deeds in the Belgian Official Gazette

Why 7raises riskReorganisation plan being carried out (approved, Gazette 07-07-2025)Liquidity: current ratio 0.75, cash €3,331, halvedLoss of €299,332, the second in a row (financial year 2024)1 financial year not filed after the legal deadline; last filed accounts filed 48 days late; 2 of the last 3 lateShow the evidence

Checked score

Score 2024

7 / 100

Critical

Probability in this band: over 15.0%

Financially better than 10% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 33-25

equity 7.9% of total assets

Liquidity 4-19

short-term debt 84.9% · cash 0.4%

Profitability 0-55

return on assets -31.5%

Bankruptcy probability, 12 months

≥ 25% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)

Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.2%▲ +0.1 percentage points vs 01-2025 03-2025: 1.1%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 1.1%● unchanged vs 03-2025 08-2025: 14.6% 09-2025: 14.6%● unchanged vs 08-2025 10-2025: ≥ 25%▲ +14.7 percentage points vs 09-2025 11-2025: ≥ 25%● unchanged vs 10-2025 12-2025: ≥ 25%● unchanged vs 11-2025 01-2026: ≥ 25%● unchanged vs 12-2025 02-2026: ≥ 25%● unchanged vs 01-2026 03-2026: ≥ 25%● unchanged vs 02-2026 04-2026: ≥ 25%● unchanged vs 03-2026 05-2026: ≥ 25%● unchanged vs 04-2026 06-2026: ≥ 25%● unchanged vs 05-2026 07-2026: ≥ 25%● unchanged vs 06-2026 08-2026: ≥ 25%● unchanged vs 07-2026 09-2026: ≥ 25%● unchanged vs 08-2026 10-2026: ≥ 25%● unchanged vs 09-2026highest value

No credit on open account

Liquidity insufficient (current ratio 0.75, compared with 1.1 in 2023, below 1; short-term debt: 84.9% and cash: 0.4% of total assets), and 92.1% of the assets are financed with debt and provisions.

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 22% on solvency, 6% on liquidity, 6% on profitability and 6% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

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Signals

Eight signals.

raises risk

Reorganisation plan being carried out (approved, Gazette 07-07-2025)

Belgian Official Gazette

Liquidity: current ratio 0.75, cash €3,331, halved

NBB · annual accounts

Loss of €299,332, the second in a row (financial year 2024)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 48 days late; 2 of the last 3 late

NBB · filings

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year -€299,332

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 8969 sector peers (2024).

NBB · sector comparison

Position among 8969 sector peers

Solvency

better than 14%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline25-10-2026 today

2024 accounts filed 48 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

48 days late

2023

61 days late

2022

17 days early

2021

162 days late

2020

143 days late

2019

19 days late

← 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 69 days after 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)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

17-09-2025 Annual accounts filedfinancial year 2024 · abbreviated…
07-07-2025 Plan homologationEnterprise Court of Ghent ·…
03-04-2025 OpeningEnterprise Court of Ghent ·…

Key points

Caution: Result fell in 2024from -€35,996 to -€299,332 ▼ 732% View
Caution: Among the weakest 5% on net resultsector median €40,633 · 8,964 companies -€299,332 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
Caution: 2 loss-making years in a rowloss financial year 2024 -€299,332 View

By topic

Financials

Financial year: 2024
Total assets: €951,038
Loss: -€299,332
Solvency: 7.9%

Total assets▼ 15.2%

Net result

20182024

Go to Financials

Timeline

Events: 20
Since: 2011

31-12-2024Weakest financial year
30-09-2024Annual accounts filed
14-07-2023Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Wholesale tradeNACE 46323
Founded: 18-02-2009
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about LC COMPANY

What is the company number of LC COMPANY?: 0809.918.128. In Belgium the VAT number is the company number with BE in front: BE 0809.918.128.
Where is LC COMPANY based?: The registered office is at Kattegatstraat 201, 8380 Brugge.Company details
What does LC COMPANY do?: According to the KBO register, the main activity is wholesale trade (NACE 46323).
What is the legal form of LC COMPANY?: Private limited company (BV).
When was LC COMPANY founded?: On 18-02-2009.
Is LC COMPANY still active?: Yes, LC COMPANY is an active enterprise in the KBO register.
How many employees does LC COMPANY have?: On average 2.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of LC COMPANY?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LC COMPANY profitable?: In financial year 2024, LC COMPANY made a loss of €299,332.
Where can I find the annual accounts of LC COMPANY?: LC COMPANY filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.