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LIEN

Active
Private limited companyfounded 2025active for 1 yearSint-Jansplein 25, 2550 Kontich, BelgiumKBO/BCE: BE 1019.322.025
Summary

The computed 12-month bankruptcy probability of LIEN is 6.0% (elevated). The 2025 annual accounts show negative equity (-€27,550) and a net result of -€42,550. Its solvency ranks better than 20% of 16,658 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€27,550
Total assets
€189,396
Net result
-€42,550
Working capital
-€41,338

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

Balance-sheet composition
Assets €189,396
Fixed assets €184,129
Current assets €5,267
Equity and liabilities
Equity-€27,550
Debt€216,945
Equity is negative: debt (€216,945) exceeds the balance-sheet total (€189,396).
Key figures and ratios
2025 value
EBITDA
-€26,974
Cash flow
-€31,592
Solvency
-14.5%
Current ratio
0.11
Quick ratio
0.08
ROA
-22.5%
Interest coverage
-5.69
Debt
€216,945
Debt ≤ 1 year
€46,604
Debt > 1 year
€169,205
Staff costs
€16,196
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.2% still going

For this company itself Checked computes a higher bankruptcy probability: 6.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,322 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 · 46 lines
Balance sheet Code2025
Assets
Total assets20/58€189,396
Fixed assets21/28€184,129
Intangible fixed assets21€4,981
Tangible fixed assets22/27€175,128
Plant, machinery and equipment23€20,357
Furniture and vehicles24€2,934
Other tangible fixed assets26€151,837
Financial fixed assets28€4,020
Current assets29/58€5,267
Stocks and contracts in progress3€1,350
Stocks30/36€1,350
Amounts receivable within one year40/41€3,598
Other amounts receivable41€3,598
Cash at bank and in hand54/58€71
Deferred charges and accrued income490/1€247
Equity and liabilities
Total equity and liabilities10/49€189,396
Equity10/15-€27,550
Contributions10/11€15,000
Profit (loss) carried forward14-€42,550
Amounts payable17/49€216,945
Amounts payable after more than one year17€169,205
Financial debts170/4€169,205
Amounts payable within one year42/48€46,604
Current portion of amounts payable after more than one year42€11,027
Financial debts43€4,987
Credit institutions430/8€4,987
Trade debts44€21,961
Suppliers440/4€21,961
Taxes, remuneration and social security45€6,236
Taxes450/3€3,436
Remuneration and social security454/9€2,800
Other amounts payable47/48€2,394
Accrued charges and deferred income492/3€1,136
Income statement Code2025
Remuneration, social security and pensions62€16,196
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,958
Other operating charges640/8€126
Gross operating margin9900-€10,652
Operating profit (loss)9901-€37,932
Financial income75/76B€123
Recurring financial income75€123
Financial charges65/66B€4,741
Recurring financial charges65€4,741
Profit (loss) for the period before taxes9903-€42,550
Profit (loss) for the period9904-€42,550
Profit (loss) for the period to be appropriated9905-€42,550
Appropriation of the result
Profit (loss) to be appropriated9906-€42,550

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€16,196
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,958
Other operating charges640/8€126
Gross operating margin9900-€10,652
Operating profit (loss)9901-€37,932
Financial income75/76B€123
Recurring financial income75€123
Financial charges65/66B€4,741
Recurring financial charges65€4,741
Profit (loss) for the period before taxes9903-€42,550
Profit (loss) for the period9904-€42,550
Profit (loss) for the period to be appropriated9905-€42,550
Line2025
Assets
Total assets20/58€189,396
Fixed assets21/28€184,129
Intangible fixed assets21€4,981
Tangible fixed assets22/27€175,128
Plant, machinery and equipment23€20,357
Furniture and vehicles24€2,934
Other tangible fixed assets26€151,837
Financial fixed assets28€4,020
Current assets29/58€5,267
Stocks and contracts in progress3€1,350
Stocks30/36€1,350
Amounts receivable within one year40/41€3,598
Other amounts receivable41€3,598
Cash at bank and in hand54/58€71
Deferred charges and accrued income490/1€247
Equity and liabilities
Total equity and liabilities10/49€189,396
Equity10/15-€27,550
Contributions10/11€15,000
Profit (loss) carried forward14-€42,550
Amounts payable17/49€216,945
Amounts payable after more than one year17€169,205
Financial debts170/4€169,205
Amounts payable within one year42/48€46,604
Current portion of amounts payable after more than one year42€11,027
Financial debts43€4,987
Credit institutions430/8€4,987
Trade debts44€21,961
Suppliers440/4€21,961
Taxes, remuneration and social security45€6,236
Taxes450/3€3,436
Remuneration and social security454/9€2,800
Other amounts payable47/48€2,394
Accrued charges and deferred income492/3€1,136
Line2025
Profit (loss) for the period9904-€42,550
+ Depreciation and write-downs630€10,958
Operating cash flow (approximation)-€31,592

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 16-07-2026 2026-00298720

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 the 20,126 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,497. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.