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Le Corbeau

Active
Private limited companyfounded 198046 yrs activeSint-Michielsstraat 18-20, 1000 Brussel, BelgiumKBO/BCE: BE 0420.642.973
Summary

The computed 12-month bankruptcy probability of Le Corbeau is 2.1% (moderate). The 2025 annual accounts show negative equity (-€60,838) and a net result of -€71,592. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 15408 sector peers (fiscal year 2025). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301NACE 55401
1 site
Size
€111,159total assets 2025
Staff
7.4 FTE
Equity
-€60,838
Loss
-€71,592
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2025
Bankruptcy chance 12 m
2.1%
Structure
Parent
LUMAX · 100%
Accounts 43 d early0 of 2 deeds read
Why 51- Loss of €71,592 (FY 2025)- Negative equity -€60,838- Sector Food and beverage service activities (NACE 56)+ Size: total assets €111,159Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 14% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 0-32
equity -54.7% of total assets
Liquidity 44-9
short-term debt 148.8% · cash 34.9%
Profitability 0-84
return on assets -64.4%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,482 companies)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● 0.0% vs 11-2024 01-2025: 1.5%▼ -0.9% vs 12-2024 02-2025: 1.5%● 0.0% vs 01-2025 03-2025: 1.5%● 0.0% vs 02-2025 04-2025: 1.5%▲ +1.4% vs 03-2025 05-2025: 1.5%▼ -1.7% vs 04-2025 06-2025: 1.4%▼ -3.6% vs 05-2025 07-2025: 1.5%▲ +6.6% vs 06-2025 08-2025: 0.5%▼ -69.2% vs 07-2025 09-2025: 0.5%● 0.0% vs 08-2025 10-2025: 0.5%● 0.0% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%▼ -1.1% vs 12-2025 02-2026: 0.5%● 0.0% vs 01-2026 03-2026: 0.5%● 0.0% vs 02-2026 04-2026: 0.5%▲ +3.1% vs 03-2026 05-2026: 0.5%▼ -1.9% vs 04-2026 06-2026: 0.4%▼ -11.9% vs 05-2026lowest value 07-2026: 2.1%▲ +421% vs 06-2026highest value 08-2026: 2.1%● 0.0% vs 07-2026highest value 09-2026: 2.1%● 0.0% vs 08-2026highest value 10-2026: 2.1%● 0.0% vs 09-2026highest value
  • Loss of €71,592 (FY 2025) raises the probability
  • Negative equity -€60,838 raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Size: total assets €111,159 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.54 against 0.98 in 2024; short-term debt: 148.8% and cash: 34.9% 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 9%, liquidity 39%, 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-v3.202610021621, computed on 03-10-2026. 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.
−lowers risk+raises risk○neutral
raises risk · Loss of €71,592 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity -€60,838
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €111,159
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€60,838
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 d early
2024
29 d early
2023
23 d early
2022
12 d early
2021
29 d late
2020
26 d early
2019
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €35,305

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€60,838 View
  • Caution: From profit to loss in 2025after €35,305 in 2024 -€71,592 View
  • Caution: Among the weakest 5% on net resultsector median €4,933 · 15,387 companies -€71,592 View
  • Controlled by LUMAX 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Active since 1980founded 05-06-1980 46 years View

By topic

Financials

Fiscal year
2025
Total assets
€111,159
Loss
-€71,592
Solvency
-54.7%
Turnover▼ 63.7%
Net result
20182020
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 18-06-2026Annual accounts filed
  2. 02-07-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
05-06-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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