LEFSAB
ActiveThe computed 12-month bankruptcy probability of LEFSAB is 4.8% (elevated). The 2025 annual accounts show negative equity (€-254k) and a net result of €-40k. Equity is shrinking by ~38% per year across the filed fiscal years. Its solvency ranks better than 7% of 801 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
14
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-82
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.57 in 2024; short-term debt: 283.2% and cash: 3.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-183.2%
Return on assets
-28.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-254k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
43 d early
2023
70 d late
2022
120 d late
2021
75 d late
2020
31 d late
2019
254 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-40k
2024 · €51k
2018: €-35k
2019: €82k
2020: €-16k
2021: €-180k
2022: €-84k
2023: €-247k
2024: €51k
2018 → 2025
Working capital
€-254k▼ 18.6%
2024 · €-214k
2018: €146k
2019: €248k
2020: €245k
2021: €63k
2022: €-21k
2023: €-262k
2024: €-214k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€-18k€-265k▼ 1,378%€-214k▲ 19.2%€-254k▼ 18.6%
Operating result€-179k-€-134k▲ 25.2%€-252k▼ 88.4%€-15k▲ 94.0%€-10k▲ 31.6%
Net result€-180k-€-84k▲ 53.2%€-247k▼ 193%€51k€-40k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €15k in 2024; the loss shrinks.
Key figures and ratios
Solvency
-183.2%▼
2024 · -74.5%
Current ratio
0.35▼
2024 · 0.57
Quick ratio
0.35▼
2024 · 0.57
Debt / equity
-1.55▲
2024 · -2.34
ROA
-28.8%▼
2024 · 17.6%
Debt
€393k▼
2024 · €502k
Debt ≤ 1 year
€393k▼
2024 · €502k
Staff costs
€-784
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€288k€139k▼
Current assets29/58€288k€139k▼
Amounts receivable within one year40/41€281k€134k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€277k€132k▼
Cash at bank and in hand54/58€6k€5k▼
Deferred charges and accrued income490/1€120€0▼
Equity and liabilities
Total equity and liabilities10/49€288k€139k▼
Equity10/15€-214k€-254k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€134k€134k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€124k€124k=
Profit (loss) carried forward14€-448k€-488k▼
Amounts payable17/49€502k€393k▼
Amounts payable within one year42/48€502k€393k▼
Trade debts44€336k€518▼
Suppliers440/4€336k€518▼
Taxes, remuneration and social security45€14k€0▼
Taxes450/3€14k€0▼
Other amounts payable47/48€151k€392k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€-784
Other operating charges640/8€792€1k▲
Gross operating margin9900€-14k€-10k▲
Operating profit (loss)9901€-15k€-10k▲
Financial income75/76B€67k€5k▼
Recurring financial income75€67k€5k▼
Non-recurring financial income76B€67k€0▼
Financial charges65/66B€933€34k▲
Recurring financial charges65€933€34k▲
Profit (loss) for the period before taxes9903€51k€-40k▼
Profit (loss) for the period9904€51k€-40k▼
Transfer from tax-exempt reserves789€75k€0▼
Profit (loss) for the period to be appropriated9905€126k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-448k€-488k▼
Profit (loss) brought forward from the previous period14P€-574k€-448k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €51k
Net result €51k after 4 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 70 days late
2023
31-12
Financial
Weakest financial yearnet €-247k
Net result drops to €-247k, the lowest in the series; recovery starts the following year.
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 120 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 75 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
11-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 254 days late
2019
31-12
Financial
Back to profitnet €82k
Net result €82k after one loss-making year.
31-12
Financial
Equity above €200kEq €262k ▲45.6%
Equity rises from €180k to €262k.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Elsene · 3 establishment units since 1997
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.
Gulden-Vlieslaan 21050 ElseneGround area
7,142 m²
Building footprint
232 m²
Volume, LiDAR
2,083 m³
3 parcels, Brussels, Wallonia · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
Boston Café
since 19972.082.575.350
BOSTON STEAK HOUSE
since 20072.170.284.631
BOSTON STEAK HOUSE
since 20102.213.034.709
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0008/02G000 | Brussels | 6,574 m² | - | - |
| 25762F0566/00_000 | Wallonia | 436 m² | 1 · 100 m² | - |
| 21009A0423/02P000 | Brussels | 132 m² | 1 · 132 m² | 23.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
REGINA'S
BE 0548.732.067
Sint-Lambrechts-Woluwe · Eq €66k
COK'O
BE 0824.113.285
Anzegem · Eq €66k
LUKEMIEKE
BE 0726.825.255
Leuven · Eq €66k
LA PAIX
BE 1002.598.730
Poperinge · Eq €66k
Vlathai
BE 0738.763.282
Rumst · Eq €66k
Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 9,854 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-06-1997
Fiscal year end31-12
Activities, NACEBEL
55401
56101Full-service restaurants
56111Full-service restaurants
55301
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.