Equity
-€279,100
Debts exceed assets in financial year 2025.
LiQ
Lifetime
7 annual accounts with figures on one time axispeak -€71,216 (2019)
-€369,476▼ €106,942
lowest -€917,586 (2022)
-€461,210▼ €63,830
peak €179,490 (2023)
-€279,100▼ €361,210
€616,796▲ 18.7%
peak 1.8 FTE (2020)
-not published
Board11 names since 2018
5 directors and 4 others
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from -€262,533 to -€369,476Loss of €461,210Equity from €82,110 to -€279,100Debts from €519,560 to €616,796Cash from €59,192 to €16,084
Key points
from the 2025 annual accountsLosses
-€3.6m in seven years
Every financial year from 2019 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€616,796 183% of the balance sheet
Financial debts 74%Suppliers 11%Taxes and wages 0%Other 15%
Of this, €351,393 falls due within a year.
Filings
7 annual accounts 5 late
The 2019 accounts came latest: 42 days after the end of the period.
At the same address
50 companies
Position in the sector
-€461,210
Lower net result than 95% of companies in retail trade. Sector median €4,763 · 25,208 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,007 companies had the same profile as LiQ has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 6,007 companies, not a prediction for LiQ. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 03-08-2020
Director, , since 01-04-2022
Director, , since 01-05-2024
Director, , since 01-05-2024
Director, since 06-09-2024
- 100%equity €37.8m (2025) · 30-12-2025 annual accounts of
Recent changes
Capital increase of €91,807.84
Capital from €3,175,617.69 to €3,267,425.53, 153,846 new shares · Capital after the increase: €3,275,617.69 · Reappointment: (class B director) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0694807337
Appointment: (class B director)
Capital from €2,875,617.69 to €3,075,617.69 · Capital from €3,075,617.69 to €3,161,555.19, 156,250 new shares · Capital after the increase: €3,175,617.69 · Gazette deed
2 directors appointed, 2 resignations
Resignations: (class A director) and (class A director) · Appointments: (class A director) and (class A director) · Permanent representatives: , and · General meeting of 06-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LiQ Harelbeke | €337,697 | -€369,476 | -82.6% | - |
| Atelier 22 Antwerp | €295,237 | -€9,708 | 44.2% | - |
| LEITZ FRANCOISE Bastogne | €251,691 | -€1,223 | -29.2% | - |
| Nascendi Koksijde | €197,915 | -€25,294 | -342.1% | - |
| NUTRICOR Ans | €232,085 | -€13,709 | 13.3% | - |
| ODZALA Molenbeek-Saint-Jean | €212,835 | -€888 | 96.1% | - |
| SN INVEST Grimbergen | €195,165 | -€23,065 | -4.1% | - |
These companies have the same main activity as LiQ: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €195,000 and €295,000, founded between 2015 and 2020.
Official details
Source: KBO- Status
- Active since 17-04-2018Normal situation
- Registered office
- 51 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Other retail sale of foodNACE 47279and 1 other
- Establishment unit
- 2.275.482.2208530 Harelbeke, since 04-05-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 06-12-2024
Insights on LiQ
LiQ files the micro format. That format states no turnover. The gross margin fell from -€71,216 in 2019 to -€369,476 in 2025.
holds all the shares. In 2024, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LiQ
- What is the company number of LiQ?
- The company number of LiQ is 0694.807.337. The VAT number is the same number with BE in front: BE 0694.807.337.
- Where is LiQ based?
- The registered office is at Stedestraat 51, 8530 Harelbeke.Company details
- What does LiQ do?
- According to the KBO register, the main activity is other retail sale of food (NACE 47279).
- What is the legal form of LiQ?
- LiQ is a public limited company (NV).
- When was LiQ founded?
- LiQ was founded on 17-04-2018.
- Is LiQ still active?
- Yes, LiQ is an active enterprise in the KBO register.
- How many employees does LiQ have?
- LiQ had an average of 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of LiQ?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is LiQ profitable?
- In financial year 2025, LiQ made a loss of €461,210.
- Where can I find the annual accounts of LiQ?
- LiQ filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LiQ due?
- LiQ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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