Financials
- Fiscal year
- 2024
- Total assets
- €264,519
- Loss
- -€54,204
- Solvency
- -19.5%
Total assets▲ 122%
Net result
20232024
LE 320
ActiveSummary
The computed 12-month bankruptcy probability of LE 320 is 9.7% (elevated). The 2024 annual accounts show negative equity (-€51,543) and a net result of -€54,204. Its solvency ranks better than 20% of 1762 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101Limited-service restaurants NACE 56102
1 site
How big
€264,519total assets 2024
- Staff
- 3 FTE
- Equity
- -€51,543
- Loss
- -€54,204
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 29- 1 financial year not filed after the legal deadline; latest accounts 64 days late; 1 of the last 3 late- Sector Food and beverage service activities (NACE 56)- Founded in 2023- Loss of €54,204, the second in a row (FY 2024)Show the evidence
Checked score
Score 2024
29
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 8% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
6-21
equity -19.5% of total assets
Liquidity
4-6
short-term debt 104.9% · cash 3.3%
Profitability
0-68
return on assets -20.5%
Bankruptcy probability, 12 months
9.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.1%
12-2024: 5.1%● 0.0% vs 11-2024
01-2025: 5.1%▼ -1.0% vs 12-2024
02-2025: 5.0%▼ -0.5% vs 01-2025lowest value
03-2025: 5.1%▲ +1.9% vs 02-2025
04-2025: 5.3%▲ +3.9% vs 03-2025
05-2025: 5.3%▲ +0.2% vs 04-2025
06-2025: 5.3%▼ -1.4% vs 05-2025
07-2025: 5.5%▲ +3.5% vs 06-2025
08-2025: 5.9%▲ +8.2% vs 07-2025
09-2025: 6.0%▲ +1.8% vs 08-2025
10-2025: 6.5%▲ +7.6% vs 09-2025
11-2025: 9.0%▲ +38.7% vs 10-2025
12-2025: 9.0%● 0.0% vs 11-2025
01-2026: 8.9%▼ -0.8% vs 12-2025
02-2026: 8.9%● 0.0% vs 01-2026
03-2026: 8.8%▼ -0.8% vs 02-2026
04-2026: 8.9%▲ +1.1% vs 03-2026
05-2026: 8.9%▼ -0.4% vs 04-2026
06-2026: 8.8%▼ -1.1% vs 05-2026
07-2026: 8.8%● 0.0% vs 06-2026
08-2026: 9.6%▲ +8.8% vs 07-2026
09-2026: 9.7%▲ +1.5% vs 08-2026
10-2026: 9.7%▲ +0.4% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 64 days late; 1 of the last 3 late raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Founded in 2023 raises the probability for this profile
- Loss of €54,204, the second in a row (FY 2024) raises the probability
No credit on open account
Liquidity short (current ratio 0.78 against 0.68 in 2023; short-term debt: 104.9% and cash: 3.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 19%, liquidity 5%, profitability 8%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year -€51,543
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
64 d late
2023
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2024
- 03-10-2025Annual accounts filed
- 30-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 29-03-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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