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LE MERCIER

Active
Private limited company (pre-2019)founded 201411 yrs activeLéon Theodorstraat 191, 1090 Jette, BelgiumKBO/BCE: BE 0505.952.295

The file of LE MERCIER contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 1.2% (low). The 2025 annual accounts show negative equity (-€189,712) and a net result of €28,168. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 16078 sector peers (fiscal year 2025).

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€9,273total assets 2025
Equity
-€189,712
Profit
€28,168
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
1.2%
Structure
Accounts filed 28 d late0 of 3 deeds read
Why 55Capped at 59: negative equity- Sector Food and beverage service activities (NACE 56)- Negative equity -€189,712- Latest accounts 28 days late; 1 of the last 3 late+ Size: total assets €9,273Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 46% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -2045.8% of total assets
Liquidity 30+30
short-term debt 2145.8% · cash 24.0%
Profitability 100+100
return on assets 303.8%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)
Last 24 months 11-2024: 5.0% 12-2024: 5.0%● 0.0% vs 11-2024 01-2025: 5.0%▼ -0.8% vs 12-2024 02-2025: 5.0%● 0.0% vs 01-2025 03-2025: 4.9%▼ -0.8% vs 02-2025 04-2025: 4.9%● 0.0% vs 03-2025 05-2025: 4.9%▼ -1.4% vs 04-2025 06-2025: 4.7%▼ -3.2% vs 05-2025 07-2025: 4.8%▲ +1.8% vs 06-2025 08-2025: 5.2%▲ +9.2% vs 07-2025 09-2025: 5.9%▲ +12.6% vs 08-2025 10-2025: 5.9%● 0.0% vs 09-2025 11-2025: 6.0%▲ +1.8% vs 10-2025highest value 12-2025: 6.0%● 0.0% vs 11-2025highest value 01-2026: 6.0%▼ -0.1% vs 12-2025 02-2026: 6.0%● 0.0% vs 01-2026 03-2026: 5.9%▼ -2.3% vs 02-2026 04-2026: 5.8%▼ -0.4% vs 03-2026 05-2026: 5.7%▼ -2.6% vs 04-2026 06-2026: 5.5%▼ -3.1% vs 05-2026 07-2026: 5.5%▼ -0.5% vs 06-2026 08-2026: 5.5%▲ +0.9% vs 07-2026 09-2026: 1.2%▼ -78.3% vs 08-2026lowest value 10-2026: 1.2%● 0.0% vs 09-2026lowest value
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Size: total assets €9,273 lowers the probability for this profile
  • Negative equity -€189,712 raises the probability
  • Latest accounts 28 days late; 1 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.04 against 0.06 in 2024; cash: 24% 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 25%, profitability 93%, growth against the median 59%. 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

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 €9,273
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€189,712
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 28 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 16078 sector peers (2025).
NBB · sector comparison
Position among 16078 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filings
Deviation from the deadline
2025
28 d late
2024
28 d late
2023
58 d late
2022
70 d late
2021
26 d late
2020
60 d late
2019
17 d late
← 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 41 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 (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 28 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 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. Back to profitnet €28,168
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€189,712 View
  • Caution: Among the weakest 5% on solvencysector median 30.2% · 16,078 companies -2045.8% View
  • Positive: Back in profit in 2025after -€34,878 in 2024 €28,168 View

By topic

Financials

Fiscal year
2025
Total assets
€9,273
Profit
€28,168
Solvency
-2045.8%
Turnover▲ 28.5%
Net result
20182021
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 28-08-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 28-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Cafés and barsNACE 56301
Founded
04-12-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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