Turnover
≈ €1.7m estimated
The accounts state no turnover.
LKV Society
Lifetime
2 annual accounts with figures on one time axispeak €1.0m (2024)
€745,697▼ 27.1%
peak €37,804 (2024)
€31,040▼ 17.9%
peak €88,844 (2025)
€88,844▲ 53.7%
€533,422▼ 4.0%
peak 9.7 FTE (2024)
6.3 FTE▼ 35.1%
Board1 name since 2023
1 directorVERSTREPEN Louis
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from €1.0m to €745,697Staff from 9.7 FTE to 6.3 FTEEquity from €57,804 to €88,844Cash from €93,010 to €135,360
Key points
from the 2025 annual accountsDebts
€533,422 86% of the balance sheet
Financial debts 52%Suppliers 11%Taxes and wages 19%Other 18%
Of this, €266,206 falls due within a year.
Staff
6.3 FTE ▼ 35.1%
Fewer staff in 2025 from 9.7 FTE to 6.3 FTE.
2025 accounts filed 60 days after the deadline
Checked score
39
Weak
Financially stronger than 54% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 9.3%
01-2025: 9.7%▲ +0.4 percentage points vs 12-2024
02-2025: 9.7%● unchanged vs 01-2025
03-2025: 9.5%▼ -0.2 percentage points vs 02-2025
04-2025: 9.5%● unchanged vs 03-2025
05-2025: 9.9%▲ +0.4 percentage points vs 04-2025
06-2025: 10.0%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 10.0%● unchanged vs 06-2025highest value
08-2025: 10.0%● unchanged vs 07-2025highest value
09-2025: 10.0%● unchanged vs 08-2025highest value
10-2025: 6.6%▼ -3.4 percentage points vs 09-2025
11-2025: 6.6%● unchanged vs 10-2025
12-2025: 6.1%▼ -0.5 percentage points vs 11-2025
01-2026: 6.0%▼ -0.1 percentage points vs 12-2025
02-2026: 6.0%● unchanged vs 01-2026
03-2026: 5.9%▼ -0.1 percentage points vs 02-2026
04-2026: 6.0%▲ +0.1 percentage points vs 03-2026
05-2026: 5.9%▼ -0.1 percentage points vs 04-2026
06-2026: 5.9%● unchanged vs 05-2026
07-2026: 6.1%▲ +0.2 percentage points vs 06-2026
08-2026: 7.0%▲ +0.9 percentage points vs 07-2026
09-2026: 7.5%▲ +0.5 percentage points vs 08-2026
10-2026: 5.1%▼ -2.4 percentage points vs 09-2026lowest value
11-2026: 5.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Last filed accounts filed 60 days late; 2 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 1.03, cash €135,360
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 37% of them on solvency, 60% on liquidity, 38% on profitability and 82% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,542 companies had the same profile as LKV Society has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LKV Society itself is higher: 5.1% within 12 months. It rests on far more data about LKV Society than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,542 companies, not a prediction for LKV Society. 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
Credit of up to €3,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.03 (1.07 in 2024), below the usual 1.5. Short-term debt is 42.8% and cash 21.8% of total assets. 85.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
60 days late
2024
92 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 76 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VERSTREPEN Louis 180 sharesdeed of 08-06-2023
- NAVAS GARCIA Katherine Andrea 20 sharesdeed of 08-06-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802463380
Registered office moved from Overijse to Woluwe-Saint-Lambert
New registered office: Avenue du Roi Chevalier 24 1200 Woluwe-Saint-Lambert · Previous registered office: Schavei 61 3090 Overijse · General meeting of 30-06-2023 · Gazette deed
New establishment in Woluwe-Saint-Lambert
Da Mimmo, Ridder Koninglaan 24
Incorporation
Founding capital of €20,000, 200 shares · Founders: VERSTREPEN Louis and NAVAS GARCIA Katherine Andrea · Appointment: VERSTREPEN Louis (director) · published on 08-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LKV Society Woluwe-Saint-Lambert | €622,267 | €745,697 | 14.3% | 6.3 |
| TATAU INVEST Knokke-Heist | €620,686 | €621,107 | 10.7% | 7.6 |
| GAVIUS Ans | €562,742 | €544,622 | -21.6% | 6.9 |
| Romé Waasmunster | €759,955 | €622,725 | 26.1% | 7.7 |
| De Zuster Lier | €529,420 | €499,602 | 27.1% | 6.6 |
| Root Sahara Pelt | €712,261 | €496,931 | 32.1% | 7 |
| CHHETRI HOSPITALITIES Ostend | €511,867 | €498,211 | 16.8% | 6.8 |
These companies have the same main activity as LKV Society: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €512,000 and €760,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 06-06-2023Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment units
- 2.345.917.0863090 Overijse, since 06-06-2023
- 2.347.524.5161200 Woluwe-Saint-Lambert, since 01-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2025
Insights on LKV Society
The computed 12-month bankruptcy probability of LKV Society is 5.1% (elevated). The 2025 annual accounts show equity of €88,844 and a net result of €31,040.
Its solvency ranks better than 34% of 4,843 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 LKV Society
- What is the company number of LKV Society?
- The company number of LKV Society is 0802.463.380. The VAT number is the same number with BE in front: BE 0802.463.380.
- Where is LKV Society based?
- The registered office is at Ridder Koninglaan 24, 1200 Woluwe-Saint-Lambert.Company details
- What does LKV Society do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of LKV Society?
- LKV Society is a private limited company (BV).
- When was LKV Society founded?
- LKV Society was founded on 06-06-2023.
- Is LKV Society still active?
- Yes, LKV Society is an active enterprise in the KBO register.
- How many employees does LKV Society have?
- LKV Society had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of LKV Society?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €745,697 and 41 comparable companies (NACE 56111). It probably lies between €1.6m and €2.4m.
- Is LKV Society profitable?
- In financial year 2025, LKV Society made a profit of €31,040.
- Where can I find the annual accounts of LKV Society?
- LKV Society filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LKV Society due?
- LKV Society must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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