Les "LL"
ActiveLes "LL" has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €367k and a net result of €-41k. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 1286 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 10.91 against 3.86 in 2024), and 1.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€41k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
15 d early
2024
4 d early
2023
5 d early
2022
27 d early
2021
2 d early
2020
23 d late
2019
27 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€367k▼ 10.0%
2024 · €408k
2018: €702k
2019: €664k
2020: €614k
2021: €574k
2022: €502k
2023: €446k
2024: €408k
2018 → 2025
Total assets
€371k▼ 11.9%
2024 · €421k
2018: €878k
2019: €844k
2020: €816k
2021: €793k
2022: €514k
2023: €455k
2024: €421k
2018 → 2025
Net result
€-41k▼ 8.1%
2024 · €-38k
2018: €-123k
2019: €-38k
2020: €-50k
2021: €-40k
2022: €-72k
2023: €-56k
2024: €-38k
2018 → 2025
Working capital
€20k▲ 26.1%
2024 · €16k
2018: €4k
2019: €3k
2020: €3k
2021: €437
2022: €9k
2023: €2k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€574k-€502k▼ 12.5%€446k▼ 11.2%€408k▼ 8.5%€367k▼ 10.0%
Operating result€-38k-€-72k▼ 89.1%€-56k▲ 22.0%€-38k▲ 32.3%€-41k▼ 7.8%
Net result€-40k-€-72k▼ 79.5%€-56k▲ 22.0%€-38k▲ 32.5%€-41k▼ 8.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41k in 2025 against €38k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €371k
Fixed assets
€349k▼ 12.7%
Current assets
€22k▲ 2.9%
Equity and liabilities €371k
Equity
€367k▼ 10.0%
Debt
€4k▼ 68.6%
The debt ratio falls from 3.1% to 1.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€10k▼
2024 · €14k
Cash flow
€10k▼
2024 · €14k
Solvency
98.9%▲
2024 · 96.9%
Current ratio
10.91▲
2024 · 3.86
Quick ratio
10.44▲
2024 · 3.86
Debt / equity
0.01▼
2024 · 0.03
ROE
-11.2%▼
2024 · -9.3%
ROA
-11.0%▼
2024 · -9.0%
Interest coverage
119.28▼
2024 · 155.68
Debt
€4k▼
2024 · €13k
Debt ≤ 1 year
€2k▼
2024 · €6k
Debt > 1 year
€2k▼
2024 · €8k
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€421k€371k▼
Fixed assets21/28€400k€349k▼
Tangible fixed assets22/27€400k€349k▼
Land and buildings22€385k€339k▼
Plant, machinery and equipment23€13k€9k▼
Furniture and vehicles24€1k€666▼
Current assets29/58€21k€22k▲
Stocks and contracts in progress3-€936
Stocks30/36-€936
Amounts receivable within one year40/41€5k-
Trade receivables40€2k-
Other amounts receivable41€3k-
Cash at bank and in hand54/58€16k€21k▲
Deferred charges and accrued income490/1€123-
Equity and liabilities
Total equity and liabilities10/49€421k€371k▼
Equity10/15€408k€367k▼
Contributions10/11€825k€825k=
Profit (loss) carried forward14€-417k€-458k▼
Amounts payable17/49€13k€4k▼
Amounts payable after more than one year17€8k€2k▼
Other amounts payable178/9€8k€2k▼
Amounts payable within one year42/48€6k€2k▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€98€6▼
Taxes450/3€98€6▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€51k▼
Other operating charges640/8€5k€6k▲
Gross operating margin9900€19k€16k▼
Operating profit (loss)9901€-38k€-41k▼
Financial income75/76B€123-
Recurring financial income75€123-
Financial charges65/66B€92€82▼
Recurring financial charges65€92€82▼
Profit (loss) for the period before taxes9903€-38k€-41k▼
Profit (loss) for the period9904€-38k€-41k▼
Profit (loss) for the period to be appropriated9905€-38k€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-417k€-458k▼
Profit (loss) brought forward from the previous period14P€-379k€-417k▼
The notes to these accounts (6 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 10.91
Current ratio from 3.86 to 10.91; short-term debt falls from €6k to €2k.
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 3.61
Current ratio from 1.11 to 3.61; short-term debt falls from €4k to €4k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Spa · 1 establishment unit since 2017
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.
Chemin de la Roche 184900 SpaGround area
4,279 m²
Building footprint
333 m²
Volume, LiDAR
1,831 m³
2 parcels, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LES "LL"
since 20172.268.158.522
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63073C0789/00K000 | Wallonia | 3,171 m² | 1 · 223 m² | 8.6 m · 2 fl. |
| 63072G1561/00A000indicative | Wallonia | 1,108 m² | 1 · 110 m² | 4.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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GEERT VERMEULEN
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HOTELS HAAG
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Of 2,996 companies in sector 55203 we hold annual accounts for 687. 457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2017
Fiscal year end31-12
Activities, NACEBEL
55203Holiday cottages, homes and apartments
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.