Financials
- Fiscal year
- 2025
- Total assets
- €1.3m
- Loss
- -€206,688
- Solvency
- -28.6%
Total assets▲ 100%
Net result
20202025
LE PLUS 2
Judicial reorganisationSummary
The file of LE PLUS 2 contains 2 judicial reorganisation notices, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€380,618) and a net result of -€206,688. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 4,578 sector peers (NACE 56, fiscal year 2025).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Liège
- Opened
- 26 May 2026
- Track
- Reorganisation by collective agreement
- Docket number
- 20260035
- Moratorium until
- 20 October 2026
- Creditors' vote
- 13 October 2026
- Delegated judge
- Renato Sanchioni
- Official Gazette
- 01-06-2026 (pdf) ↗search the document for 2026/123012
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the moratorium runs until 20 October 2026, unless the court extends or ends it earlier. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
€1.3mtotal assets 2025
- Staff
- 8 FTE
- Equity
- -€380,618
- Loss
- -€206,688
Financial health
0
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts filed 48 days late0 of 5 deeds read
Why 0- Negative equity- In judicial reorganisationFiled after the deadlineShow the evidence
Checked score
Score 2025
0
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency
0=
equity -28.6% of total assets
Liquidity
1-5
short-term debt 119.5% · cash 0.7%
Profitability
0=
return on assets -15.5%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.49 against 0.19 in 2024; short-term debt: 119.5% and cash: 0.7% of total assets), and equity is negative.
Signals
Three signals.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€380,618
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 6 filingsDeviation from the deadline
2025
48 days late
2024
56 days late
2023
34 days early
2022
on the day
2021
16 days late
2020
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 29 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 16 August (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
- ExtensionTribunal de l’entreprise de Liège…
- Annual accounts filedfiscal year 2025 · abbreviated…
- OpeningTribunal de l’entreprise de Liège…
Key points
- Risk: In judicial reorganisationcreditors: see the procedure below 26-05-2026 View
- Risk: Negative equityfiscal year 2025: debts exceed assets -€380,618 View
- Caution: Equity fell in 2025from -€173,929 to -€380,618 ▼ 119% View
- Caution: Among the weakest 5% on net resultsector median €10,391 · 4,571 companies -€206,688 View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€206,688 View
By topic
Timeline
- Events
- 11
- Since
- 2021
- Next accounts
- by 31-07-2027
- 31-12-2025Weakest financial year
- 25-09-2025Annual accounts filed
- 27-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Cafés and barsNACE 56301
- Founded
- 09-09-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Cafés and bars sector doing?Sector figures
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