LF
ActiveThe computed 12-month bankruptcy probability of LF is 2.9% (moderate). The 2024 annual accounts show equity of €2k and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 18938 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
15
/ 100
Critical▼ -32 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency13▼-73
Growth32=
Stability100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8 against 1.39 in 2023), and 90.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 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 2024Solvency, return and age of the figures
Solvency
9.4%
Return on assets
-32.1%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
99 d late
2022
135 d late
2021
31 d late
2020
29 d early
2019
94 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2k▼ 77.3%
2023 · €11k
2018: €12k
2019: €16k
2020: €41k
2021: €28k
2022: €21k
2023: €11k
2018 → 2024
Total assets
€26k▲ 58.6%
2023 · €16k
2018: €66k
2019: €85k
2020: €94k
2021: €62k
2022: €35k
2023: €16k
2018 → 2024
Net result
€-8k▲ 17.7%
2023 · €-10k
2018: €2k
2019: €-2k
2020: €25k
2021: €4k
2022: €-7k
2023: €-10k
2018 → 2024
Working capital
€-5k
2023 · €2k
2018: €8k
2019: €11k
2020: €34k
2021: €19k
2022: €14k
2023: €2k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€28k▼ 32.9%€21k▼ 25.5%€11k▼ 48.4%€2k▼ 77.3%
Operating result€28k-€4k▼ 85.6%€-7k€-10k▼ 45.0%€-9k▲ 13.7%
Net result€25k-€4k▼ 84.9%€-7k€-10k▼ 41.7%€-8k▲ 17.7%
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 €9k in 2024 against €10k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26k
Fixed assets
€7k▼ 15.6%
Current assets
€18k▲ 141%
Equity and liabilities €26k
Equity
€2k▼ 77.3%
Debt
€23k▲ 320%
The debt ratio rises from 34.2% to 90.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-7k▲
2023 · €-9k
Cash flow
€-7k▲
2023 · €-9k
Solvency
9.4%▼
2023 · 65.8%
Current ratio
0.80▼
2023 · 1.39
Quick ratio
0.61▼
2023 · 1.33
Debt / equity
9.60▲
2023 · 0.52
ROE
-340.0%▼
2023 · -93.9%
ROA
-32.1%▲
2023 · -61.8%
Interest coverage
-78.52▼
2023 · -48.88
Debt
€23k▲
2023 · €6k
Debt ≤ 1 year
€23k▲
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€16k€26k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€1k€977▼
Furniture and vehicles24€1k€411▼
Financial fixed assets28€6k€6k▼
Current assets29/58€8k€18k▲
Stocks and contracts in progress3€348€4k▲
Stocks30/36€348€4k▲
Amounts receivable within one year40/41€2k€7k▲
Trade receivables40€1k€7k▲
Other amounts receivable41€1k-
Cash at bank and in hand54/58€3k€7k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€16k€26k▲
Equity10/15€11k€2k▼
Contributions10/11€19k€19k=
Reserves13€2k-
Distributable reserves133€2k-
Profit (loss) carried forward14€-10k€-16k▼
Amounts payable17/49€6k€23k▲
Amounts payable within one year42/48€6k€23k▲
Trade debts44€1k€986▼
Suppliers440/4€1k€986▼
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€4k€11k▲
Other amounts payable47/48-€6k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-7k€-6k▲
Operating profit (loss)9901€-10k€-9k▲
Financial income75/76B€249€558▲
Recurring financial income75€249€558▲
Financial charges65/66B€176€95▼
Recurring financial charges65€176€95▼
Profit (loss) for the period before taxes9903€-10k€-8k▲
Profit (loss) for the period9904€-10k€-8k▲
Profit (loss) for the period to be appropriated9905€-10k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-18k▼
Profit (loss) brought forward from the previous period14P€173€-10k▼
Transfer from equity791/2-€2k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
04-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment3 facts ▸
- General meeting, 7 november 2024
- Director resignation, Van Crombruggen Steven (bestuurder)
- Director appointment, De Weerdt Tine (bestuurder)
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 99 days late
2023
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 135 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
De Weerdt Tine
CurrentDirector · since 07-11-2024
07-11-2024
De Weerdt Tine: Appointed as Director
07-11-2024
Van Crombruggen Steven: Resigned as Director
Location & real-estate footprint
Registered office, Kontich · 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.
Magdalenastraat 322550 KontichGround area
173 m²
Building footprint
123 m²
Volume, LiDAR
928 m³
Parcel 11602C0381/00H000, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LF
since 20172.271.876.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0381/00H000 | Flanders | 173 m² | 1 · 123 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKontich2.271.876.590
Similar companies · same sector, comparable size
GENCLIK
BE 0867.279.176
Beringen · Eq €2k
TOTAL EVENT
BE 0690.608.920
Wijnegem · Eq €2k
MAZAGAN LA ROCHE
BE 0697.676.953
La Roche-en-Ardenne · Eq €2k
LAURE DS
BE 1016.710.250
Liège · Eq €2k
FIRZA INVEST
BE 1000.686.444
Grimbergen · Eq €2k
Of 13,834 companies in sector 56301 we hold annual accounts for 4,806. 1,919 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2017
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.