LG DRINKS

Active

Private limited companyfounded 20179 yrs activeGroot-Bijgaardenstraat 14, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0675.481.670

Summary

The computed 12-month bankruptcy probability of LG DRINKS is 18.5% (high). For LG DRINKS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€8,134) and a net result of -€21,619. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 17996 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

LG DRINKSActive

Risk analysis Report Compare

Activity

Cafés and bars

NACE 56301

1 site

Size

€63,804turnover 2023

Staff: 1.1 FTE
Equity: -€8,134
Loss: -€21,619

Financial health

Bankruptcy chance 12 m: 18.5%

2023 figures too old to score

Structure

Board: 1 member

Accounts 430 d overdue1 of 8 deeds read

Signals- 2 financial years not filed after the legal deadline; latest accounts 105 days late; 2 of the last 3 late- Figures for FY 2023 (filed 15-11-2024)- 1 change of registered office in 24 months- Loss of €21,619, the second in a row (FY 2023)- Two or more financial years not filed- Filed more than 90 days lateShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 0-53

equity -24.9% of total assets

Liquidity 2-54

short-term debt 124.9% · cash 1.9%

Profitability 0=

return on assets -66.2%

Bankruptcy probability, 12 months

18.5% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)

Last 24 months 11-2024: 6.1%lowest value 12-2024: 7.7%▲ +26.1% vs 11-2024 01-2025: 7.8%▲ +1.5% vs 12-2024 02-2025: 7.8%● 0.0% vs 01-2025 03-2025: 7.7%▼ -1.0% vs 02-2025 04-2025: 7.8%▲ +1.8% vs 03-2025 05-2025: 7.7%▼ -1.2% vs 04-2025 06-2025: 7.2%▼ -6.7% vs 05-2025 07-2025: 7.1%▼ -1.1% vs 06-2025 08-2025: 7.4%▲ +4.4% vs 07-2025 09-2025: 7.3%▼ -2.2% vs 08-2025 10-2025: 8.6%▲ +17.9% vs 09-2025 11-2025: 8.7%▲ +1.0% vs 10-2025 12-2025: 9.4%▲ +8.6% vs 11-2025 01-2026: 12.0%▲ +27.1% vs 12-2025 02-2026: 12.0%● +0.0% vs 01-2026 03-2026: 12.0%▲ +0.4% vs 02-2026 04-2026: 11.1%▼ -7.6% vs 03-2026 05-2026: 16.2%▲ +45.9% vs 04-2026 06-2026: 16.0%▼ -1.2% vs 05-2026 07-2026: 16.0%● 0.0% vs 06-2026 08-2026: 18.5%▲ +15.6% vs 07-2026highest value 09-2026: 18.5%● 0.0% vs 08-2026highest value 10-2026: 18.5%● 0.0% vs 09-2026highest value

2 financial years not filed after the legal deadline; latest accounts 105 days late; 2 of the last 3 late raises the probability
Figures for FY 2023 (filed 15-11-2024) raises the probability
1 change of registered office in 24 months raises the probability
Loss of €21,619, the second in a row (FY 2023) raises the probability

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Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk

2 financial years not filed after the legal deadline; latest accounts 105 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Figures for FY 2023 (filed 15-11-2024)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Loss of €21,619, the second in a row (FY 2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 6 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline04-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-11-2024, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

105 d late

2022

7 d early

2021

78 d late

2020

89 d late

2019

68 d late

← 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 67 days after 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 (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

30-04-26 Resignation: POP Mihaela Cristina (director)Appointment: LEC I Flamur (director)…
13-11-24 Annual accounts filedfiscal year 2023 · micro…
31-12-23 Weakest financial yearnet -€21,619

Key points

Risk: Accounts not fileddeadline was 31-07-2025 430 d late View
Risk: Negative equityfiscal year 2023: debts exceed assets -€8,134 View
Risk: 3 loss-making years in a rowloss fiscal year 2023 -€21,619 View
Caution: Board changedlatest change 01-04-2026 · 1 in office 1 joined · 1 left View
Caution: Among the weakest 14% on net resultsector median €3,536 · 17,960 companies -€21,619 View