Checked.be
Active
BE 0454.712.640Private limited company
LIDO
Donklaan 117 ·9290 Berlare, Belgium· 31 yrs active
Sector: Full-service restaurants
(56111)
Conclusion
LIDO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €723k and a net result of €111k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 12646 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €723k |
| Net result | €111k |
| Staff (FTE) | 1.4 |
| Better than sector | 90% |
Financial profile
90
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
77
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1995, 31 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€65k
estimate, not credit advice
Score history
15
2021
89
2022
93
2024
93
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.41 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.21 (≥ 1.0)
+5
Leverage
Debt/equity 0.17 (< 1.0)
+10
Profitability
ROE 15% (≥ 10%)
+10
Interest coverage
Interest coverage 42.2× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-10-2025 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~30.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
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).
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 79.2% | 30.5% | |
| Net result | €111k | €5k | |
| Equity | €723k | €30k | |
| Gross operating margin | €224k | €62k | |
| Staff costs | €17k | €56k |
€205k
-47.6%
21-25
€111k
-54.3%
21-25
€146k
-53.4%
21-25
€914k
+7.1%
21-25
€723k
+18.1%
21-25
€303k
+73.7%
21-25
1
0.0%
21-25
€17k
-49.7%
21-25
€59k
+41.1%
21-25
€121k
-28.4%
21-25
€89k
-28.1%
21-25
€26k
-31.8%
21-25
4.41
+82.9%
21-25
4.21
+87.4%
21-25
79.2%
+10.3%
21-25
0.17
-39.4%
21-25
15.4%
-61.3%
21-25
12.2%
-57.4%
21-25
42.24
-21.4%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €205k | €391k | €460k | - |
| Net profit | €111k | €243k | €363k | €-63k |
| Cash flow | €146k | €313k | €380k | - |
| Staff costs | €17k | €34k | €23k | €39 |
| Income taxes | €59k | €42k | €34k | €2k |
| Dividends | - | - | - | - |
| Total assets | €914k | €853k | €795k | €160k |
| Equity | €723k | €612k | €369k | €6k |
| Debt | €121k | €168k | €383k | €154k |
| of which ≤ 1y | €89k | €123k | €322k | €133k |
| of which > 1y | €26k | €38k | €56k | €18k |
| Working capital | €303k | €174k | €146k | €-97k |
| Employees (FTE) | 1.4 | 1.4 | 0.8 | - |
Ratios (computed)
| 2025 | 2024 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 4.41 | 2.41 | 1.45 | 0.27 |
| Quick ratio | 4.21 | 2.25 | 1.40 | 0.26 |
| Working capital ratio | 33.1% | 20.4% | 18.4% | -60.4% |
| Solvency | 79.2% | 71.8% | 46.4% | 3.8% |
| Debt / equity | 0.17 | 0.27 | 1.04 | 25.08 |
| Long-term debt ratio | 0.04 | 0.06 | 0.15 | 2.93 |
| Interest coverage | 42.24 | 53.71 | 337.46 | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 12.2% | 28.5% | 45.7% | -39.2% |
| ROE | 15.4% | 39.7% | 98.3% | -1023.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (27 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €914k | €853k | €795k | €160k |
| Fixed assets | 21/28 | €522k | €556k | €327k | €124k |
| Tangible fixed assets | 22/27 | €522k | €555k | €327k | €124k |
| Financial fixed assets | 28 | €124 | €124 | €124 | €124 |
| Current assets | 29/58 | €391k | €297k | €468k | €36k |
| Stocks & contracts in progress | 3 | €18k | €21k | €17k | €1k |
| Amounts receivable within one year | 40/41 | €2k | €589 | €300k | €5k |
| Investments | 50/53 | €100k | €180k | - | - |
| Cash & bank | 54/58 | €267k | €92k | €145k | €28k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €914k | €853k | €795k | €160k |
| Equity | 10/15 | €723k | €612k | €369k | €6k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €705k | €594k | €351k | €2k |
| Accumulated profits (losses) | 14 | - | - | €0 | €-14k |
| Provisions & deferred taxes | 16 | €69k | €72k | €43k | - |
| Amounts payable | 17/49 | €121k | €168k | €383k | €154k |
| Amounts payable after one year | 17 | €26k | €38k | €56k | €18k |
| Amounts payable within one year | 42/48 | €89k | €123k | €322k | €133k |
| Trade debts payable within one year | 44 | €16k | €21k | €227k | €18k |
| Income statement | |||||
| Gross operating margin | 9900 | €224k | €427k | €485k | €-47k |
| Operating result | 9901 | €170k | €321k | €442k | €-58k |
| Financial income | 75 | €3k | €465 | €55 | - |
| Financial charges | 65 | €5k | €7k | €1k | €3k |
| Result before taxes | 9903 | €168k | €314k | €441k | €-61k |
| Income taxes | 67/77 | €59k | €42k | €34k | €2k |
| Net result for the period | 9904 | €111k | €243k | €363k | €-63k |
| Result to be appropriated | 9905 | €122k | €128k | €190k | €-49k |
Legal Structure
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 23-03-1995 |
| Status | Active |
| Postal code | 9290 |
Establishment units
Nieuw Paviljoen
since 19952.072.194.568
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42022B1129/00N000 | Flanders | 1,294 m² | 1 · 267 m² | 14.9 m |
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.
Updates
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €500kEq €612k ▲65.8%
2 profitable years in a row build equity to €612k.
2023
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €363k
Net result €363k after one loss-making year.
30-09
Financial
Liquidity times 5current ratio 1.45
Current ratio from 0.27 to 1.45.
30-09
Financial
Equity above €200kEq €369k ▲5901%
Equity rises from €6k to €369k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
55301Full-service restaurants56101Full-service restaurants5611155401Cafés and bars56301
Names & trade names
| Legal nameNL | LIDO |
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