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LETIUZ

Active
Private limited company (pre-2019)founded 2018active for 8 yearsOrbanlaan 103, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0697.770.191
Summary

The computed 12-month bankruptcy probability of LETIUZ is 16.9% (high). The 2024 annual accounts show negative equity (-€171,751) and a net result of -€3,333. Equity is shrinking by about 52% per year across the filed financial years. Its solvency ranks better than 5% of 18,960 sector peers (NACE 56, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Contract catering and other food service activities
NACE 56220
Size
€2,951total assets 2024
Equity
-€171,751
Loss
-€3,333
Financial health
14 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
16.9%
Structure
Accounts 70 days overdue0 of 2 deeds read
Why 14raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 19-09-2025)No establishment unit in the KBO1 financial year not filed after the legal deadline; latest accounts 49 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2024
14 / 100
Critical
Probability in this band: over 15.0%
Financially better than 18% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -5820.4% of total assets
Liquidity 19-31
short-term debt 5920.4% · cash 15.2%
Profitability 0=
return on assets -112.9%
Bankruptcy probability, 12 months
16.9% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,704 companies, NACE 56, micro)
Last 24 months 11-2024: 4.3%lowest value 12-2024: 4.3%● unchanged vs 11-2024lowest value 01-2025: 7.3%▲ +3.0 percentage points vs 12-2024 02-2025: 7.3%● unchanged vs 01-2025 03-2025: 7.1%▼ -0.2 percentage points vs 02-2025 04-2025: 7.0%▼ -0.1 percentage points vs 03-2025 05-2025: 7.3%▲ +0.3 percentage points vs 04-2025 06-2025: 7.1%▼ -0.2 percentage points vs 05-2025 07-2025: 7.7%▲ +0.6 percentage points vs 06-2025 08-2025: 9.4%▲ +1.7 percentage points vs 07-2025 09-2025: 10.3%▲ +0.9 percentage points vs 08-2025 10-2025: 11.6%▲ +1.3 percentage points vs 09-2025 11-2025: 11.6%● unchanged vs 10-2025 12-2025: 11.5%▼ -0.1 percentage points vs 11-2025 01-2026: 11.5%● unchanged vs 12-2025 02-2026: 10.8%▼ -0.7 percentage points vs 01-2026 03-2026: 10.7%▼ -0.1 percentage points vs 02-2026 04-2026: 10.9%▲ +0.2 percentage points vs 03-2026 05-2026: 11.0%▲ +0.1 percentage points vs 04-2026 06-2026: 10.8%▼ -0.2 percentage points vs 05-2026 07-2026: 11.1%▲ +0.3 percentage points vs 06-2026 08-2026: 11.6%▲ +0.5 percentage points vs 07-2026 09-2026: 12.7%▲ +1.1 percentage points vs 08-2026 10-2026: 16.9%▲ +4.2 percentage points vs 09-2026highest value
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 9% on solvency, 16% on liquidity, 8% on profitability and 38% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 19-09-2025)
NBB · annual accounts
raises risk · No establishment unit in the KBO
KBO · seat and establishments
raises risk · 1 financial year not filed after the legal deadline; latest accounts 49 days late; 1 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
1920212324
2019 to 2024 · latest year -€171,751
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
49 days late
2023
28 days early
2021
5 days early
2020
31 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 4 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2021 · full…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€171,751 View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€3,333 View
  • Positive: Result rose in 2024from -€53,762 to -€3,333 ▲ 93.8% View
  • Caution: Among the weakest 5% on solvencysector median 29.1% · 18,960 companies -5820.4% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View

By topic

Financials

Financial year
2024
Total assets
€2,951
Loss
-€3,333
Solvency
-5820.4%
Total assets▼ 96.1%
Net result
20192024
Go to Financials

Timeline

Events
6
Since
2020
  1. 31-12-2021Weakest financial year
  2. 30-06-2021Annual accounts filed
  3. 27-07-2020Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Activity
Contract catering and other food service activitiesNACE 56220
Founded
08-06-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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