Equity
€163,897 ▲ 52.0%
LESS has made a profit in every financial year since 2020.
LESS
Lifetime
5 annual accounts with figures on one time axispeak €394,752 (2024)
€312,722▼ 20.8%
peak €56,084 (2025)
€56,084▲ 14×
peak €163,897 (2025)
€163,897▲ 52.0%
€674,379▼ 1.8%
peak 2.4 FTE (2025)
2.4 FTE
Board4 names since 2018
4 directorsDE KEYSER Sandy Maurits and 3 others
Documentsfilings and deeds
25-02-20263 days before the deadline
2025abbreviated format
Gross margin from €394,752 to €312,722Result from €3,891 to €56,084Equity from €107,813 to €163,897
Key points
from the 2025 annual accountsResult
€56,084 ▲ 14×
The result rose in 2025 from €3,891 to €56,084.
Turnover
≈ €1.7m estimated
The accounts state no turnover.
Debts
€674,379 80% of the balance sheet
Financial debts 45%Suppliers 25%Taxes and wages 7%Other 24%
€225,191 of the debts are secured on the company's own assets.
Staff
3 employees on 31-07-2025
In 2025, 2 people joined and 1 left.
Filings
5 annual accounts since 2020
The last five annual accounts were filed 2 to 71 days before the end of the period.
Checked score
70
Healthy
Financially stronger than 56% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.5%highest value
01-2025: 4.1%▼ -0.4 percentage points vs 12-2024
02-2025: 4.1%● unchanged vs 01-2025
03-2025: 0.5%▼ -3.6 percentage points vs 02-2025lowest value
04-2025: 0.5%● unchanged vs 03-2025lowest value
05-2025: 0.5%● unchanged vs 04-2025lowest value
06-2025: 0.5%● unchanged vs 05-2025lowest value
07-2025: 0.5%● unchanged vs 06-2025lowest value
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.6%▲ +0.1 percentage points vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.8%▲ +0.2 percentage points vs 12-2025
02-2026: 0.9%▲ +0.1 percentage points vs 01-2026
03-2026: 0.7%▼ -0.2 percentage points vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.6%▼ -0.1 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.7%▲ +0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2018
Sector: Retail trade (NACE 47)
lowers risk
Figures for financial year 2025 (filed on 25-02-2026)
Size: 2.4 FTE, total assets €838,276
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 35% of them on solvency, 37% on liquidity, 66% on profitability and 86% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-07-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as LESS has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LESS itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for LESS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.71 (0.76 in 2024), below 1. Short-term debt is 39.1% and cash 5.9% of total assets. 80.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 25-02-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 days early
2024
21 days early
2022
2 days early
2021
9 days early
2020
71 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 21 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
31-07-2026 year end10-11-2026 today28-02-2027 deadline
Board and ownership
- DE KEYSER Sandy Maurits founderdeed of 27-12-2018
- VANDERCRUYSSE Sylke Femke Madeleine founderdeed of 27-12-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0716799217
2 directors resigning, 2 reappointments
Resignations: DE KEYSER Sandy (director) and VANDERCRUYSSE Sylke (director) · Reappointments: DE KEYSER Sandy (director) and VANDERCRUYSSE Sylke (director) · Director discharge: DE KEYSER Sandy · General meeting of 09-06-2022 · Gazette deed
Publication in the Belgian Official Gazette
Gazette deed
Registered office moved from Kortrijk to Marke
New registered office: Rekkemsestraat 258, 8510 Marke · Previous registered office: Deken Camerlyncklaan 41, 8500 Kortrijk · Board meeting of 04-03-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LESS Kortrijk | €0.8m | €312,722 | 19.6% | 2.4 |
| AVILAN Aalst | €0.8m | €293,613 | 22.0% | 3 |
| BARESQUE EUROPE Watermael-Boitsfort | €1.0m | €359,707 | 11.2% | 1.9 |
| MARO GROUP Riemst | €0.9m | €268,950 | 37.4% | 2.7 |
| TOFIX Oudenaarde | €1.0m | €238,769 | 25.7% | 2 |
| HOME CONFORT & FILS Frameries | €0.9m | €212,818 | 70.7% | 2.7 |
| SO KITCHEN Tournai | €0.7m | €249,307 | 14.4% | 1.8 |
These companies have the same main activity as LESS: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €717,000 and €1m, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 21-12-2018Normal situation
- Activity
- Retail sale of household furnitureNACE 47551and 3 others
- Joint committee
- 124Construction · annual accounts 31-07-2025
- Establishment unit
- 2.283.613.8878510 Kortrijk, since 21-12-2018
- Financial year end
- 31 July
- Peppol
- Reachable since 24-11-2023
Annual accounts to 31-07-2025
- €838,276▲ 5.5%
- Employeeson 31-07-2025
- 3▲ 50.0%
- Filing
- Filed on 25-02-2026, 3 days before the end of the filing period
Insights on LESS
LESS files the abbreviated format. That format states no turnover. The gross margin rose from €83,514 in 2020 to €312,722 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LESS
- What is the company number of LESS?
- The company number of LESS is 0716.799.217. The VAT number is the same number with BE in front: BE 0716.799.217.
- Where is LESS based?
- The registered office is at Rekkemsestraat 258, 8510 Kortrijk.Company details
- What does LESS do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of LESS?
- LESS is a private limited company (BV).
- When was LESS founded?
- LESS was founded on 21-12-2018.
- Is LESS still active?
- Yes, LESS is an active enterprise in the KBO register.
- How many employees does LESS have?
- LESS had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LESS fall under?
- In its 31-07-2025 annual accounts, LESS states joint committee 124 (Construction).
- What is the turnover of LESS?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €312,722 and 31 comparable companies (NACE 475). It probably lies between €1.0m and €2.5m.
- Is LESS profitable?
- In financial year 2025, LESS made a profit of €56,084.
- Where can I find the annual accounts of LESS?
- LESS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LESS due?
- LESS must file the annual accounts for financial year 2026 by 28-02-2027.Timeline
Next steps
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