LCNP
ActiveSummary
LCNP has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,897) and a net result of €41,980. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 10552 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-5
Solvency25▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.99 in 2024; short-term debt: 15.6% and cash: 4.6% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-0.2%
Return on assets
1.7%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 10552 sector peers (2025).
NBB · sector comparisonPosition among 10552 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 23-07-2025, 39 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
not confirmed
2025
39 d early
2024
11 d late
2023
75 d late
2022
1 d early
2021
on the day
2020
4 d 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 7 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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.
Financials · fiscal year 2025, abbreviated schema
Equity
-€3,897▲ 91.5%
2024 · -€45,877
Total assets
€2.5m▼ 9.9%
2024 · €2.7m
Net result
€41,980▼ 42.1%
2024 · €72,558
Working capital
-€66,888▼ 1,347%
2024 · -€4,624
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€105,946€151,960▲ 43.4%€82,656▼ 45.6%€144,073▲ 74.3%€111,382▼ 22.7%
Net result€31,779within the sector's middle half€74,492within the sector's middle half▲ 134%€18,276within the sector's middle half▼ 75.5%€72,558within the sector's middle half▲ 297%€41,980within the sector's middle half▼ 42.1%
Equity-€203,733below the sector's middle half▲ 13.0%-€130,503below the sector's middle half▲ 35.9%-€118,434below the sector's middle half▲ 9.2%-€45,877below the sector's middle half▲ 61.3%-€3,897below the sector's middle half▲ 91.5%
Total assets€3.3mabove the sector's middle half▼ 2.5%€3.1mabove the sector's middle half▼ 6.9%€2.9mabove the sector's middle half▼ 4.7%€2.7mabove the sector's middle half▼ 6.9%€2.5mabove the sector's middle half▼ 9.9%
Debt€3.5m▼ 3.2%€3.2m▼ 8.6%€3.1m▼ 4.8%€2.8m▼ 9.0%€2.5m▼ 11.3%
Working capital€83,520within the sector's middle half▲ 11.7%€113,064within the sector's middle half▲ 35.4%€74,300within the sector's middle half▼ 34.3%-€4,624below the sector's middle half-€66,888below the sector's middle half▼ 1,347%
Solvency-6.2%below the sector's middle half▲ 0.7pp-4.2%below the sector's middle half▲ 1.9pp-4.0%below the sector's middle half▲ 0.2pp-1.7%below the sector's middle half▲ 2.4pp-0.2%below the sector's middle half▲ 1.5pp
Current ratio1.19within the sector's middle half▼ 0.031.30within the sector's middle half▲ 0.111.20within the sector's middle half▼ 0.100.99below the sector's middle half▼ 0.210.83below the sector's middle half▼ 0.16
Return on assets (ROA)1.0%below the sector's middle half▲ 13.9pp2.4%within the sector's middle half▲ 1.5pp0.6%within the sector's middle half▼ 1.8pp2.7%within the sector's middle half▲ 2.0pp1.7%within the sector's middle half▼ 0.9pp
Staff (FTE)19.3above the sector's middle half▼ 2.5%17.9above the sector's middle half▼ 7.3%17.2above the sector's middle half▼ 3.9%13.2above the sector's middle half▼ 23.3%12.7above the sector's middle half▼ 3.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.1m ▼ 7.2%
Current assets
€318,298 ▼ 24.9%
Key figures and ratios
EBITDA
€286,317▼
2024 · €325,040
Cash flow
€216,915▼
2024 · €253,524
Quick ratio
0.38▼
2024 · 0.56
Interest coverage
4.11▼
2024 · 4.56
Debt ≤ 1 year
€385,186▼
2024 · €428,425
Debt > 1 year
€2.1m▼
2024 · €2.3m
Income taxes
€843▼
2024 · €866
Staff costs
€503,864▲
2024 · €497,096
A ratio outside any meaningful range has been withheld (balance sheet total €2.5m, equity -€3,897).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 457 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €520,982 | €608,323 | €497,096 | €503,864 | ▲ 1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €192,647 | €184,938 | €179,158 | €180,966 | €174,935 | ▼ 3.3% |
| Other operating charges640/8 | - | €24,958 | €27,576 | €18,959 | €19,269 | ▲ 1.6% |
| Gross operating margin9900 | €766,055 | €882,839 | €897,714 | €841,094 | €809,450 | ▼ 3.8% |
| Operating profit (loss)9901 | €105,946 | €151,960 | €82,656 | €144,073 | €111,382 | ▼ 22.7% |
| Financial income75/76B | - | €4,821 | €9,200 | €585 | €1,080 | ▲ 84.7% |
| Recurring financial income75 | €5,891 | €4,821 | €9,200 | €585 | €1,080 | ▲ 84.7% |
| Financial charges65/66B | - | €81,784 | €73,092 | €71,235 | €69,639 | ▼ 2.2% |
| Recurring financial charges65 | €79,697 | €81,784 | €73,092 | €71,235 | €69,639 | ▼ 2.2% |
| Profit (loss) for the period before taxes9903 | €32,140 | €74,997 | €18,764 | €73,423 | €42,823 | ▼ 41.7% |
| Income taxes67/77 | €361 | €505 | €488 | €866 | €843 | ▼ 2.6% |
| Profit (loss) for the period9904 | €31,779 | €74,492 | €18,276 | €72,558 | €41,980 | ▼ 42.1% |
| Profit (loss) for the period to be appropriated9905 | €31,779 | €74,492 | €18,276 | €72,558 | €41,980 | ▼ 42.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.3m | €3.1m | €2.9m | €2.7m | €2.5m | ▼ 9.9% |
| Formation expenses20 | €752 | - | - | - | - | - |
| Fixed assets21/28 | €2.8m | €2.6m | €2.5m | €2.3m | €2.1m | ▼ 7.2% |
| Tangible fixed assets22/27 | €2.8m | €2.6m | €2.5m | €2.3m | €2.1m | ▼ 7.3% |
| Land and buildings22 | - | €2.2m | €2.1m | €2.0m | €1.9m | ▼ 4.2% |
| Plant, machinery and equipment23 | - | €168,663 | €204,935 | €163,804 | €118,890 | ▼ 27.4% |
| Furniture and vehicles24 | - | €7,122 | €4,994 | €2,867 | €6,759 | ▲ 136% |
| Other tangible fixed assets26 | - | €216,236 | €172,249 | €128,702 | €85,154 | ▼ 33.8% |
| Financial fixed assets28 | - | - | - | - | €3,401 | - |
| Current assets29/58 | €516,371 | €487,356 | €449,521 | €423,801 | €318,298 | ▼ 24.9% |
| Stocks and contracts in progress3 | €175,556 | €176,852 | €175,565 | €183,908 | €170,881 | ▼ 7.1% |
| Stocks30/36 | - | €176,852 | €175,565 | €183,908 | €170,881 | ▼ 7.1% |
| Amounts receivable within one year40/41 | €113,205 | €52,465 | €53,554 | €111,701 | €24,169 | ▼ 78.4% |
| Trade receivables40 | - | €34,156 | €24,152 | €92,761 | €17,418 | ▼ 81.2% |
| Other amounts receivable41 | - | €18,310 | €29,401 | €18,940 | €6,750 | ▼ 64.4% |
| Current investments50/53 | €20,449 | €99,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €200,004 | €126,307 | €188,710 | €108,883 | €112,226 | ▲ 3.1% |
| Deferred charges and accrued income490/1 | - | €32,732 | €31,692 | €19,309 | €11,021 | ▼ 42.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.3m | €3.1m | €2.9m | €2.7m | €2.5m | ▼ 9.9% |
| Equity10/15 | -€203,733 | -€130,503 | -€118,434 | -€45,877 | -€3,897 | ▲ 91.5% |
| Contributions10/11 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Reserves13 | €46,117 | €46,117 | €46,117 | €46,117 | €46,117 | = |
| Non-distributable reserves130/1 | - | €2,306 | €2,306 | €2,306 | - | - |
| Reserves not available under the articles1311 | - | €2,306 | €2,306 | €2,306 | - | - |
| Distributable reserves133 | - | €43,811 | €43,811 | €43,811 | €46,117 | ▲ 5.3% |
| Profit (loss) carried forward14 | -€407,319 | -€332,827 | -€314,551 | -€241,993 | -€200,013 | ▲ 17.3% |
| Investment grants15 | - | €6,207 | - | - | - | - |
| Amounts payable17/49 | €3.5m | €3.2m | €3.1m | €2.8m | €2.5m | ▼ 11.3% |
| Amounts payable after more than one year17 | €3.1m | €2.8m | €2.7m | €2.3m | €2.1m | ▼ 11.4% |
| Financial debts170/4 | - | €2.5m | €2.4m | €2.2m | €2.0m | ▼ 6.6% |
| Trade debts175 | - | €291,989 | €304,590 | €189,755 | €65,339 | ▼ 65.6% |
| Amounts payable within one year42/48 | €432,851 | €374,292 | €375,221 | €428,425 | €385,186 | ▼ 10.1% |
| Current portion of amounts payable after more than one year42 | - | €219,790 | €235,797 | €238,106 | €235,427 | ▼ 1.1% |
| Trade debts44 | €136,364 | €89,898 | €88,884 | €93,546 | €41,923 | ▼ 55.2% |
| Suppliers440/4 | - | €89,898 | €88,884 | €93,546 | €41,923 | ▼ 55.2% |
| Advances received on contracts in progress46 | - | - | - | €1,080 | - | - |
| Taxes, remuneration and social security45 | - | €64,604 | €50,540 | €46,680 | €40,449 | ▼ 13.3% |
| Taxes450/3 | - | €9,031 | €4,709 | €1,672 | €6,980 | ▲ 318% |
| Remuneration and social security454/9 | - | €55,573 | €45,831 | €45,008 | €33,469 | ▼ 25.6% |
| Other amounts payable47/48 | - | - | - | €49,014 | €67,388 | ▲ 37.5% |
| Accrued charges and deferred income492/3 | - | €4,499 | €3,320 | €6,500 | €3,665 | ▼ 43.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,779 | €74,492 | €18,276 | €72,558 | €41,980 | ▼ 42.1% |
| + Depreciation and write-downs630 | €192,647 | €184,938 | €179,158 | €180,966 | €174,935 | ▼ 3.3% |
| Operating cash flow (approximation) | €224,426 | €259,431 | €197,434 | €253,524 | €216,915 | ▼ 14.4% |
| Investment in fixed assets (approximation) | - | €13,924 | -€73,682 | -€4,265 | -€9,264 | ▼ 117% |
| Change in cash | - | -€73,697 | €62,403 | -€79,827 | €3,343 | ▲ 104% |
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
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 75 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-01
Financial
Back to profitnet €31,779
Net result €31,779 after one loss-making year.
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-01
Financial
Weakest financial yearnet -€439,098
Net result drops to -€439,098, the lowest in the series; recovery starts the following year.
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Leuven · 1 establishment unit since 2017
Ground area
6,828 m²
Building footprint
1,499 m²
Parcel 24502C0096/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
SPAR
since 20172.261.098.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502C0096/00F000 | Flanders | 6,828 m² | 1 · 1,499 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 siteLeuven2.261.098.605
Similar companies · same sector, comparable size
Sociale Kruideniers Gent
BE 0542.516.842
Gent · Eq €206,131
LA BELLA VITA
BE 0763.343.874
Binche · Eq €206,043
GUNGOR
BE 0872.033.265
Laakdal · Eq €206,012
VITS STAELENS
BE 0422.780.636
Gent · Eq €206,356
Oxfam - Wereldwinkel Antwerpen
BE 0446.328.474
Antwerpen · Eq €205,767
Of 10,504 companies in sector 47110 we hold annual accounts for 5,849. 4,196 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-01-2017
Fiscal year end31-01
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0670440046
Also
9925:BE0670440046
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.