Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Of this, €46,076 falls due within a year.
Short-term debts rose from €25,243 to €46,076.
Latest accounts filed late: after the legal deadline.
Lower net result than 95% of companies in food and beverage service. Sector median €4,667 · 18,538 companies.
In July 2024, 7,654 companies had the same profile as LIAM'S has now. Each dot stands for 20 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,654 companies, not a prediction for LIAM'S. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| LIAM'S Zaventem | €76,854 | -€30,572 | -100.7% | - |
| JVTHIEL Bekkevoort | €76,516 | -€11,446 | -28.5% | - |
| JO COFFEE BAR Tervuren | €74,171 | -€2,878 | -17.7% | - |
| Italian Flavours Woluwe-Saint-Pierre | €78,230 | -€45,987 | -58.4% | - |
| 'T WK Geraardsbergen | €80,635 | -€1,514 | -22.6% | - |
| CopyChallenge Molenbeek-Saint-Jean | €65,723 | -€26,490 | -105.6% | - |
| MONDIAL FOOD Molenbeek-Saint-Jean | €70,758 | -€2,678 | 36.1% | - |
These companies have the same main activity as LIAM'S: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €65,700 and €80,600, founded between 2023 and 2024.
LIAM'S files the micro format. That format states no turnover. The gross margin fell from -€4,088 in 2023 to -€30,572 in 2025.
The balance sheet grew most in 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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