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LETTENBURG

Active
Private limited companyfounded 200718 years activeLettenburgstraat(PO) 15, 8600 Diksmuide, BelgiumKBO/BCE: BE 0894.494.606
Summary

LETTENBURG has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €81,613. Equity is growing by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 4,578 sector peers (NACE 56, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Full-service restaurants
NACE 56111
#5 company by equity in Diksmuide, Accommodation and food service sector1 site
Size
€2.2mtotal assets 2025
Staff
5.1 FTE
Equity
€1.8m
Profit
€81,613
Turnover not published (abridged schema)
Financial health
95 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Accounts 36 days early0 of 2 deeds read
Why 95- Sector Food and beverage service activities (NACE 56)+ Liquidity: current ratio 4.44, cash €831,611+ Founded in 2007+ Equity €1.8m (82.0% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 82.0% of total assets
Liquidity 98-1
short-term debt 10.4% · cash 38.4%
Profitability 51-44
return on assets 3.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 4.44 against 4.0 in 2024; short-term debt: 10.4% and cash: 38.4% of total assets), and 18% of the assets are financed with debt.
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 94% on solvency, 96% on liquidity, 36% on profitability and 49% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 4.44, cash €831,611
NBB · annual accounts
lowers risk · Founded in 2007
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
lowers risk · Equity €1.8m (82.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-09-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
29 days early
2023
27 days early
2022
13 days early
2021
19 days early
2020
3 days early
2019
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before 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 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 4 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close07-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2019net €456,354 ▲4.1%

Key points

  • Caution: Result fell in 2025from €456,354 to €81,613 ▼ 82.1% View
  • Positive: Among the best 5% on equitysector median €80,102 · 4,580 companies €1.8m View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €81,613 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.2m
Profit
€81,613
Solvency
82.0%
Total assets▼ 1.5%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2016
Next accounts
by 31-10-2026
  1. 04-10-2023Annual accounts filed
  2. 31-03-2023Liquidity triples
  3. 31-03-2023Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
27-12-2007
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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