LD
ActiveSummary
The computed 12-month bankruptcy probability of LD is 1.9% (moderate). The 2024 annual accounts show equity of €50k and a net result of €21k. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 18936 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+38
Solvency50▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.88 in 2023; short-term debt: 37.6% and cash: 3.6% of total assets), and 75.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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 2024Solvency, return and age of the figures
Solvency
24.7%
Return on assets
10.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-09-2025, 43 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
43 d late
2023
83 d late
2022
18 d early
2021
5 d early
2020
26 d late
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€50k▲ 5.0%
2023 · €48k
2018: €-1klowest in 7 years
2019: €26k▲ +2631% vs 2018
2020: €21k▼ -20.2% vs 2019
2021: €30k▲ +44.0% vs 2020
2022: €41k▲ +37.6% vs 2021
2023: €48k▲ +16.9% vs 2022
2024: €50k▲ +5.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€204k▼ 26.2%
2023 · €276k
2018: €35klowest in 7 years
2019: €323k▲ +831% vs 2018highest in 7 years
2020: €316k▼ -2.1% vs 2019
2021: €278k▼ -12.0% vs 2020
2022: €253k▼ -8.9% vs 2021
2023: €276k▲ +9.1% vs 2022
2024: €204k▼ -26.2% vs 2023
2018 → 2024
Net result
€21k▲ 202%
2023 · €7k
2018: €-420
2019: €27k▲ +6517% vs 2018highest in 7 years
2020: €-5k▼ -119% vs 2019lowest in 7 years
2021: €9k▲ +274% vs 2020
2022: €11k▲ +23.0% vs 2021
2023: €7k▼ -38.0% vs 2022
2024: €21k▲ +202% vs 2023
2018 → 2024
Working capital
€-23k▼ 62.7%
2023 · €-14k
2018: €-1khighest in 7 years
2019: €-42k▼ -4017% vs 2018lowest in 7 years
2020: €-25k▲ +41.5% vs 2019
2021: €-30k▼ -20.3% vs 2020
2022: €-32k▼ -8.6% vs 2021
2023: €-14k▲ +55.6% vs 2022
2024: €-23k▼ -62.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€30k▲ 44.0%€41k▲ 37.6%€48k▲ 16.9%€50k▲ 5.0%
2020: €21klowest in 5 years
2021: €30k▲ +44.0% vs 2020
2022: €41k▲ +37.6% vs 2021
2023: €48k▲ +16.9% vs 2022
2024: €50k▲ +5.0% vs 2023highest in 5 years
Operating result€2k-€17k▲ 595%€25k▲ 51.3%€23k▼ 7.0%€30k▲ 29.5%
2020: €2klowest in 5 years
2021: €17k▲ +595% vs 2020
2022: €25k▲ +51.3% vs 2021
2023: €23k▼ -7.0% vs 2022
2024: €30k▲ +29.5% vs 2023highest in 5 years
Net result€-5k-€9k€11k▲ 23.0%€7k▼ 38.0%€21k▲ 202%
2020: €-5klowest in 5 years
2021: €9k▲ +274% vs 2020
2022: €11k▲ +23.0% vs 2021
2023: €7k▼ -38.0% vs 2022
2024: €21k▲ +202% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 30% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €204k
Fixed assets
€151k ▼ 11.4%
Current assets
€53k ▼ 50.0%
Equity and liabilities €204k
Equity
€50k ▲ 5.0%
Debt
€154k ▼ 32.8%
Debt's share of the balance-sheet total falls from 82.6% to 75.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▲
2023 · €39k
Cash flow
€53k▲
2023 · €22k
Current ratio
0.70▼
2023 · 0.88
Quick ratio
0.63▼
2023 · 0.83
Debt to equity
3.05▼
2023 · 4.76
ROE
41.7%▲
2023 · 14.5%
ROA
10.3%▲
2023 · 2.5%
Interest coverage
9.16▲
2023 · 2.69
Debt ≤ 1 year
€77k▼
2023 · €121k
Debt > 1 year
€77k▼
2023 · €106k
Income taxes
€2k▼
2023 · €4k
Staff costs
€85k▼
2023 · €111k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€276k€204k▼
Fixed assets21/28€170k€151k▼
Intangible fixed assets21€51k€43k▼
Tangible fixed assets22/27€119k€108k▼
Land and buildings22€98k€81k▼
Plant, machinery and equipment23€19k€26k▲
Furniture and vehicles24€2k€691▼
Current assets29/58€107k€53k▼
Stocks and contracts in progress3€7k€5k▼
Stocks30/36€7k€5k▼
Amounts receivable within one year40/41€71k€34k▼
Trade receivables40-€553
Other amounts receivable41€71k€34k▼
Cash at bank and in hand54/58€12k€7k▼
Deferred charges and accrued income490/1€17k€7k▼
Equity and liabilities
Total equity and liabilities10/49€276k€204k▼
Equity10/15€48k€50k▲
Contributions10/11€19k-
Reserves13€29k€50k▲
Distributable reserves133€29k€50k▲
Amounts payable17/49€228k€154k▼
Amounts payable after more than one year17€106k€77k▼
Financial debts170/4€106k€77k▼
Amounts payable within one year42/48€121k€77k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€47k€29k▼
Suppliers440/4€47k€29k▼
Taxes, remuneration and social security45€46k€19k▼
Taxes450/3€20k€7k▼
Remuneration and social security454/9€26k€12k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€111k€85k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€32k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€152k€150k▼
Operating profit (loss)9901€23k€30k▲
Financial income75/76B€2k€5▼
Recurring financial income75€2k€5▼
Financial charges65/66B€14k€7k▼
Recurring financial charges65€14k€7k▼
Profit (loss) for the period before taxes9903€11k€23k▲
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€7k€21k▲
Profit (loss) for the period to be appropriated9905€7k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€21k▲
Profit (loss) brought forward from the previous period14P€-5k-
Transfer to equity691/2€2k€21k▲
To other reserves6921€2k€21k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €113k | €84k | €111k | €85k | ▼ 23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €36k | €31k | €15k | €32k | ▲ 107% |
| Other operating charges640/8 | - | €3k | €2k | €3k | €3k | ▲ 18.4% |
| Non-recurring operating charges66A | - | - | €9k | - | - | - |
| Gross operating margin9900 | €156k | €168k | €152k | €152k | €150k | ▼ 1.2% |
| Operating profit (loss)9901 | €2k | €17k | €25k | €23k | €30k | ▲ 29.5% |
| Financial income75/76B | - | €2k | €3k | €2k | €5 | ▼ 99.8% |
| Recurring financial income75 | €27 | €2k | €3k | €2k | €5 | ▼ 99.8% |
| Financial charges65/66B | - | €6k | €7k | €14k | €7k | ▼ 52.8% |
| Recurring financial charges65 | €8k | €6k | €7k | €14k | €7k | ▼ 52.8% |
| Profit (loss) for the period before taxes9903 | €-5k | €13k | €21k | €11k | €23k | ▲ 109% |
| Income taxes67/77 | €140 | €3k | €10k | €4k | €2k | ▼ 45.4% |
| Profit (loss) for the period9904 | €-5k | €9k | €11k | €7k | €21k | ▲ 202% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €9k | €11k | €7k | €21k | ▲ 202% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €316k | €278k | €253k | €276k | €204k | ▼ 26.2% |
| Fixed assets21/28 | €236k | €202k | €185k | €170k | €151k | ▼ 11.4% |
| Intangible fixed assets21 | €46k | €40k | €59k | €51k | €43k | ▼ 16.1% |
| Tangible fixed assets22/27 | €191k | €162k | €126k | €119k | €108k | ▼ 9.3% |
| Land and buildings22 | - | €114k | €98k | €98k | €81k | ▼ 17.6% |
| Plant, machinery and equipment23 | - | €31k | €24k | €19k | €26k | ▲ 39.8% |
| Furniture and vehicles24 | - | €18k | €4k | €2k | €691 | ▼ 65.1% |
| Current assets29/58 | €80k | €76k | €68k | €107k | €53k | ▼ 50.0% |
| Stocks and contracts in progress3 | €5k | €6k | €7k | €7k | €5k | ▼ 23.6% |
| Stocks30/36 | - | €6k | €7k | €7k | €5k | ▼ 23.6% |
| Amounts receivable within one year40/41 | €50k | €56k | €44k | €71k | €34k | ▼ 52.1% |
| Trade receivables40 | - | €900 | €6k | - | €553 | - |
| Other amounts receivable41 | - | €55k | €38k | €71k | €34k | ▼ 52.9% |
| Cash at bank and in hand54/58 | €21k | €14k | €17k | €12k | €7k | ▼ 37.8% |
| Deferred charges and accrued income490/1 | - | €746 | €125 | €17k | €7k | ▼ 59.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €316k | €278k | €253k | €276k | €204k | ▼ 26.2% |
| Equity10/15 | €21k | €30k | €41k | €48k | €50k | ▲ 5.0% |
| Contributions10/11 | - | €19k | €19k | €19k | - | - |
| Reserves13 | €27k | €27k | €27k | €29k | €50k | ▲ 71.5% |
| Distributable reserves133 | - | €27k | €27k | €29k | €50k | ▲ 71.5% |
| Profit (loss) carried forward14 | €-25k | €-16k | €-5k | - | - | - |
| Amounts payable17/49 | €296k | €248k | €212k | €228k | €154k | ▼ 32.8% |
| Amounts payable after more than one year17 | €186k | €142k | €109k | €106k | €77k | ▼ 27.2% |
| Financial debts170/4 | - | €142k | €109k | €106k | €77k | ▼ 27.2% |
| Amounts payable within one year42/48 | €105k | €106k | €100k | €121k | €77k | ▼ 36.6% |
| Current portion of amounts payable after more than one year42 | - | €43k | €34k | €28k | €29k | ▲ 2.5% |
| Trade debts44 | €33k | €40k | €41k | €47k | €29k | ▼ 38.6% |
| Suppliers440/4 | - | €40k | €41k | €47k | €29k | ▼ 38.6% |
| Taxes, remuneration and social security45 | - | €23k | €26k | €46k | €19k | ▼ 58.4% |
| Taxes450/3 | - | €8k | €13k | €20k | €7k | ▼ 65.5% |
| Remuneration and social security454/9 | - | €15k | €13k | €26k | €12k | ▼ 52.8% |
| Accrued charges and deferred income492/3 | - | - | €3k | €2k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €9k | €11k | €7k | €21k | ▲ 202% |
| + Depreciation and write-downs630 | €36k | €36k | €31k | €15k | €32k | ▲ 107% |
| Operating cash flow (approximation) | €31k | €45k | €43k | €22k | €53k | ▲ 136% |
| Investment in fixed assets (approximation) | - | €-1k | €-15k | €0 | €-13k | - |
| Change in cash | - | €-7k | €3k | €-5k | €-4k | ▲ 16.4% |
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
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Sint-Truiden · 1 establishment unit since 2015
Ground area
873 m²
Building footprint
77 m²
Volume, LiDAR
607 m³
2 parcels, Flanders · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Brak Frituur
since 20152.247.783.077
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009B0153/00F000 | Flanders | 817 m² | 1 · 20 m² | 0.7 m |
| 71053H1018/00S000 | Flanders | 56 m² | 1 · 56 m² | 13.7 m · 4 fl. |
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 siteSint-Truiden2.247.783.077
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,388 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
Founded28-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.