LE 170
Open bankruptcyA bankruptcy procedure is open for LE 170 according to publications in the Belgian State Gazette; curator: CHARLES DE LA VALLEE POUSSIN. The 2024 annual accounts show negative equity (€-2k) and a net result of €24k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 18938 sector peers (2024).
NBB · sector comparisonPosition among 18938 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
40 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
26 d late
2019
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€48k▲ 29.4%
2021 · €37k
2018: €82k
2019: €89k
2020: €42k
2021: €37k
2018 → 2024
EBIT margin
48.5%▲ 44.3pp
2021 · 4.2%
2018: 5.9%
2019: 3.6%
2020: -13.3%
2021: 4.2%
2018 → 2024
Net result
€24k
2023 · €-10k
2018: €5k
2019: €4k
2020: €-3k
2021: €3k
2022: €-17k
2023: €-10k
2018 → 2024
Working capital
€-2k▲ 85.0%
2023 · €-15k
2018: €8k
2019: €12k
2020: €9k
2021: €13k
2022: €-5k
2023: €-15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€42k-€37k▼ 13.1%€48k
Equity€10k-€13k▲ 32.3%€-5k€-15k▼ 223%€-2k▲ 86.2%
Operating result€-6k-€2k€-18k€-11k▲ 39.6%€23k
Net result€-3k-€3k€-17k€-10k▲ 41.4%€24k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €23k after a loss of €11k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13k
Fixed assets
€220=
Current assets
€13k▲ 13.9%
Key figures and ratios
Solvency
-16.0%▲
2023 · -131.9%
Current ratio
0.85▲
2023 · 0.42
Quick ratio
0.85▲
2023 · 0.42
Debt / equity
-7.26▼
2023 · -1.76
ROA
186.4%▲
2023 · -91.0%
Debt
€15k▼
2023 · €26k
Debt ≤ 1 year
€15k▼
2023 · €26k
A ratio outside any meaningful range has been withheld (balance sheet total €13k, equity €-2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€11k€13k▲
Fixed assets21/28€220€220=
Financial fixed assets28€220€220=
Current assets29/58€11k€13k▲
Amounts receivable within one year40/41€11k€11k=
Other amounts receivable41€11k€11k=
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1-€1
Equity and liabilities
Total equity and liabilities10/49€11k€13k▲
Equity10/15€-15k€-2k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-23k€-10k▲
Amounts payable17/49€26k€15k▼
Amounts payable within one year42/48€26k€15k▼
Trade debts44€22k€2k▼
Suppliers440/4€22k€2k▼
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Other amounts payable47/48-€11k
Income statement
Code20232024
Turnover70-€48k
Goods, raw materials, services and sundry goods60/61-€28k
Other operating charges640/8€23k€781▼
Gross operating margin9900€13k€24k▲
Operating profit (loss)9901€-11k€23k▲
Financial income75/76B€517€687▲
Recurring financial income75€517€687▲
Financial charges65/66B€100€45▼
Recurring financial charges65€100€45▼
Profit (loss) for the period before taxes9903€-10k€24k▲
Profit (loss) for the period9904€-10k€24k▲
Profit (loss) for the period to be appropriated9905€-10k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€896▲
Profit (loss) brought forward from the previous period14P€-13k€-23k▼
Profit to be distributed694/7-€11k
Return on contributions (dividend)694-€11k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL LE 170 RUE D’AERSCHOT 170, 1030 Schaerbeek · event 24-11-2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-17k ▼656%
Net result drops to €-17k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Schaarbeek · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Aarschotstraat 1701030 SchaarbeekGround area
102 m²
Building footprint
79 m²
Volume, LiDAR
993 m³
Parcel 21909E0030/00F007, Brussels · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LE 170
since 20072.166.174.702
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21909E0030/00F007 | Brussels | 102 m² | 1 · 79 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLES DE LA VALLEE POUSSIN AVENUE
LOUISE 349 BTE 17, 1050 IXELLES |
24-11-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.166.174.702
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Of 13,832 companies in sector 56301 we hold annual accounts for 4,808. 3,674 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-2007
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.