LIGNE 26
ActiveSummary
The computed 12-month bankruptcy probability of LIGNE 26 is 8.7% (elevated). The 2024 annual accounts show equity of €6k and a net result of €-151. Its solvency ranks better than 33% of 18941 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▲+20
Solvency33=
Growth58
Track record94
Bankruptcy probability, 12 months
8.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.9 against 0.87 in 2023; short-term debt: 91.8% and cash: 76.2% of total assets), and 91.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
8.2%
Return on assets
-0.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2324
2023 to 2024 · latest year €-151
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€6k▼ 2.5%
2023 · €6k
2023: €6k
2023 → 2024
Total assets
€71k▼ 4.2%
2023 · €74k
2023: €74k
2023 → 2024
Net result
€-151▲ 97.7%
2023 · €-7k
2023: €-7k
2023 → 2024
Working capital
€-7k▲ 23.8%
2023 · €-9k
2023: €-9k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€6k-€6k▼ 2.5%
Operating result€-1k-€5k
Net result€-7k-€-151▲ 97.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€12k ▼ 33.8%
Current assets
€59k ▲ 5.7%
Equity and liabilities €71k
Equity
€6k ▼ 2.5%
Debt
€65k ▼ 4.3%
Debt's share of the balance-sheet total falls from 91.9% to 91.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11k▲
2023 · €7k
Cash flow
€6k▲
2023 · €1k
Current ratio
0.90▲
2023 · 0.87
Quick ratio
0.87▲
2023 · 0.84
Debt to equity
11.20▼
2023 · 11.41
ROE
-2.6%▲
2023 · -108.9%
ROA
-0.2%▲
2023 · -8.8%
Interest coverage
2.45▲
2023 · 1.35
Debt ≤ 1 year
€65k▲
2023 · €64k
Income taxes
€665▲
2023 · €404
Staff costs
€66k▼
2023 · €84k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€74k€71k▼
Fixed assets21/28€19k€12k▼
Tangible fixed assets22/27€19k€12k▼
Furniture and vehicles24€14k€9k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€56k€59k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€4k€3k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€245€245=
Cash at bank and in hand54/58€48k€54k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€74k€71k▼
Equity10/15€6k€6k▼
Contributions10/11€13k€13k=
Profit (loss) carried forward14€-7k€-7k▼
Amounts payable17/49€68k€65k▼
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€64k€65k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€25k€9k▼
Suppliers440/4€25k€9k▼
Taxes, remuneration and social security45€26k€42k▲
Taxes450/3€5k€7k▲
Remuneration and social security454/9€21k€34k▲
Other amounts payable47/48€10k€10k▲
Income statement
Code20232024
Remuneration, social security and pensions62€84k€66k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€781€486▼
Gross operating margin9900€91k€78k▼
Operating profit (loss)9901€-1k€5k▲
Financial income75/76B€7€4▼
Recurring financial income75€7€4▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€-6k€514▲
Income taxes67/77€404€665▲
Profit (loss) for the period9904€-7k€-151▲
Profit (loss) for the period to be appropriated9905€-7k€-151▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-7k▼
Profit (loss) brought forward from the previous period14P-€-7k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Stavelot · 2 establishment units since 2022
Ground area
1.7 ha
Building footprint
3,165 m²
Volume, LiDAR
57,485 m³
3 parcels, Wallonia · tallest building 31.6 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
LIGNE 26 SRL
since 20222.337.720.091
Ligne 26
since 20222.337.720.190
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049C0715/00R000 | Wallonia | 1.6 ha | 1 · 3,073 m² | 31.6 m · 6 fl. |
| 63073B2241/00F000 | Wallonia | 162 m² | 1 · 54 m² | 9.6 m · 3 fl. |
| 63073B1925/00A000 | Wallonia | 142 m² | 1 · 38 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesStavelot2.337.720.091
Malmedy2.337.720.190
Similar companies · same sector, comparable size
MALLA
BE 0797.104.329
Antwerpen · Eq €5,832
SNACK HAPPY
BE 1000.472.252
Boussu · Eq €5,831
ERZIN
BE 0735.771.724
Tessenderlo-Ham · Eq €5,834
GUNEYLI 21
BE 0737.659.165
Sint-Joost-ten-Node · Eq €5,840
DA DUCCI
BE 0861.057.815
Zemst · Eq €5,845
Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 5,611 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:commandeligne26@live.be