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LGPCARS

Active
Private limited companyfounded 20251 yr activeLeuvensesteenweg 246, 1932 Zaventem, BelgiumKBO/BCE: BE 1022.975.262
Summary

The computed 12-month bankruptcy probability of LGPCARS is 2.7% (moderate). The 2025 annual accounts show negative equity (-€45,180) and a net result of -€48,180. Its solvency ranks better than 9% of 18458 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07; short-term debt: 144.7% and cash: 7.8% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
-104.4%
Return on assets
-111.3%
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

On 5 May 2025, LGPCARS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€45,180
Total assets
€43,285
Net result
-€48,180
Working capital
-€58,117

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €43,285
Fixed assets €38,772
Current assets €4,513
Key figures and ratios
2025 value
EBITDA
-€44,161
Cash flow
-€45,308
Solvency
-104.4%
Current ratio
0.07
Debt to equity
-1.96
ROA
-111.3%
Interest coverage
-26.80
Debt
€88,465
Debt ≤ 1 year
€62,630
Debt > 1 year
€25,835

Peer companies

Historical observation

Of the 1,323 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,323 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€43,285
Fixed assets21/28€38,772
Intangible fixed assets21€27,550
Tangible fixed assets22/27€11,222
Plant, machinery and equipment23€8,826
Furniture and vehicles24€2,396
Current assets29/58€4,513
Amounts receivable within one year40/41€1,136
Trade receivables40€100
Other amounts receivable41€1,036
Cash at bank and in hand54/58€3,374
Deferred charges and accrued income490/1€3
Equity and liabilities
Total equity and liabilities10/49€43,285
Equity10/15-€45,180
Contributions10/11€3,000
Profit (loss) carried forward14-€48,180
Amounts payable17/49€88,465
Amounts payable after more than one year17€25,835
Financial debts170/4€25,835
Amounts payable within one year42/48€62,630
Current portion of amounts payable after more than one year42€8,283
Trade debts44€3,977
Suppliers440/4€3,977
Other amounts payable47/48€50,370
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,872
Other operating charges640/8€50
Gross operating margin9900-€44,111
Operating profit (loss)9901-€47,033
Financial income75/76B€501
Recurring financial income75€501
Financial charges65/66B€1,648
Recurring financial charges65€1,648
Profit (loss) for the period before taxes9903-€48,180
Profit (loss) for the period9904-€48,180
Profit (loss) for the period to be appropriated9905-€48,180
Appropriation of the result
Profit (loss) to be appropriated9906-€48,180

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,872
Other operating charges640/8€50
Gross operating margin9900-€44,111
Operating profit (loss)9901-€47,033
Financial income75/76B€501
Recurring financial income75€501
Financial charges65/66B€1,648
Recurring financial charges65€1,648
Profit (loss) for the period before taxes9903-€48,180
Profit (loss) for the period9904-€48,180
Profit (loss) for the period to be appropriated9905-€48,180
Line2025
Assets
Total assets20/58€43,285
Fixed assets21/28€38,772
Intangible fixed assets21€27,550
Tangible fixed assets22/27€11,222
Plant, machinery and equipment23€8,826
Furniture and vehicles24€2,396
Current assets29/58€4,513
Amounts receivable within one year40/41€1,136
Trade receivables40€100
Other amounts receivable41€1,036
Cash at bank and in hand54/58€3,374
Deferred charges and accrued income490/1€3
Equity and liabilities
Total equity and liabilities10/49€43,285
Equity10/15-€45,180
Contributions10/11€3,000
Profit (loss) carried forward14-€48,180
Amounts payable17/49€88,465
Amounts payable after more than one year17€25,835
Financial debts170/4€25,835
Amounts payable within one year42/48€62,630
Current portion of amounts payable after more than one year42€8,283
Trade debts44€3,977
Suppliers440/4€3,977
Other amounts payable47/48€50,370
Line2025
Profit (loss) for the period9904-€48,180
+ Depreciation and write-downs630€2,872
Operating cash flow (approximation)-€45,308

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,186 m²
Building footprint
873 m²
Volume, LiDAR
5,548 m³
2 parcels, Flanders, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
666 companies at this address See who is registered here
1 establishment unit
LGPCARS
Rue Campinaire(PL) 82, 6250 Aiseau-PreslesAgents specialised in the wholesale of other particular products
since 20252.373.304.245
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
52056B0165/00W003 Wallonia 725 m² 1 · 681 m² 8.2 m · 2 fl.
23078A0472/00L000 Flanders 461 m² 1 · 192 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,664 companies in sector 47811 we hold annual accounts for 5,221. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
46711Wholesale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID 0208:1022975262
Registered 22-11-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.