LG DRINKS
The computed 12-month bankruptcy probability of LG DRINKS is 8.2% (elevated). The 2023 annual accounts show negative equity (€-8k) and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 4770 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-8k |
| Net result | €-22k |
| Staff (FTE) | 1.1 |
| Better than sector | 21% |
Fragile profile, watch health in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -24.9% | 16.8% | |
| Net result | €-22k | €2k | |
| Equity | €-8k | €11k | |
| Gross operating margin | €220 | €42k | |
| Staff costs | €14k | €47k |
| Fiscal year | 2023 |
|---|---|
| Revenue | €64k |
| EBITDA | €-19k |
| Net profit | €-22k |
| Cash flow | €-20k |
| Staff costs | €14k |
| Income taxes | €210 |
| Dividends | - |
| Total assets | €33k |
| Equity | €-8k |
| Debt | €41k |
| of which ≤ 1y | €41k |
| of which > 1y | - |
| Working capital | €-21k |
| Employees (FTE) | 1.1 |
| 2023 | |
|---|---|
| Current ratio | 0.47 |
| Quick ratio | 0.40 |
| Working capital ratio | -65.8% |
| Solvency | -24.9% |
| Debt / equity | -5.01 |
| Long-term debt ratio | - |
| Interest coverage | -19.08 |
| Gross margin | -0.6% |
| Net margin | -33.9% |
| ROA | -66.2% |
| ROE | 265.8% |
| EBITDA margin | -29.4% |
| Days sales outstanding | 89d |
| Days payable outstanding | 109d |
| Inventory turnover | 20.94 |
| Days inventory (DSI) | 17d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €33k |
| Fixed assets | 21/28 | €13k |
| Intangible fixed assets | 21 | €6k |
| Tangible fixed assets | 22/27 | €673 |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €19k |
| Stocks & contracts in progress | 3 | €3k |
| Amounts receivable within one year | 40/41 | €16k |
| Cash & bank | 54/58 | €633 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €33k |
| Equity | 10/15 | €-8k |
| Contributions / capital | 10/11 | €15k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-25k |
| Amounts payable | 17/49 | €41k |
| Amounts payable within one year | 42/48 | €41k |
| Trade debts payable within one year | 44 | €19k |
| Income statement | ||
| Turnover | 70 | €64k |
| Gross operating margin | 9900 | €220 |
| Operating result | 9901 | €-21k |
| Financial income | 75 | €108 |
| Financial charges | 65 | €982 |
| Result before taxes | 9903 | €-21k |
| Income taxes | 67/77 | €210 |
| Net result for the period | 9904 | €-22k |
| Result to be appropriated | 9905 | €-22k |
-
Current07-12-2023 → present
Former directors (4)
-
Former07-12-2023 → 31-03-2024
2 events
- 31-03-2024 Resigned· Director
- 07-12-2023 Appointed· Director
-
Former24-03-2023 → 07-12-2023
2 events
- 07-12-2023 Resigned· Director
- 24-03-2023 Appointed· Director
-
Former- → 24-03-2023
-
Former- → 19-05-2017
| NACE primary | Cafés(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 05-05-2017 |
| Status | Active |
| Postal code | 1090 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0001/00F014 | Brussels | 161 m² | 1 · 161 m² | 15.1 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-04-2026 General meeting · Officer resignation · Officer appointment · Seat change
- Filing: 2026-04-23 · LG DRINKS
- General meeting: 2026-04-01 · LG DRINKS
- Officer resignation: date: 2026-04-01, role: administrateur · POP Mihaela Cristina
- Officer appointment: date: 2026-04-01, role: administrateur · LECI Flamur
- Seat change: date: 2026-04-01, new_address: Rue Grand Bigard 14 à 1082 Berchem-Sainte-Agathe, old_address: Chaussée de Wemmel 281 à 1090 Jette · LG DRINKS
- Publication: 2026-04-30
- Act object: DEMISSIO, NOMINATION D'UN ADMINISTRATEUR ET TRANSFERT Du
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}08-05-2024 FARCAU Andrea resigns as director
- FARCAU Andrea, Bestuurder
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}23-02-2024 Articles of association amended
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}21-12-2023 2 directors appointed, 1 resigning
- POP Mihaela Cristina, Bestuurder
- FARCAU Andrea, Bestuurder
- BEN MESAUD Samir, Bestuurder
Technical details
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}07-04-2023 1 director appointed, 1 resigning
- BEN MESAUD SAMIR, Bestuurder
- PRATSAS HELENA, Bestuurder
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}20-11-2017 Registered office moved from Saint-Gilles to Jette
- rue Américaine 1, 1060 Saint-Gilles → chaussée de Wemmel 281, 1090 Jette
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}01-06-2017 Mpocas Constantin resigns as managing director
- Mpocas Constantin, Gedelegeerd bestuurder
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}09-05-2017 Incorporation of a new SNC
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | LG DRINKS |