Turnover
≈ €140,000 estimated
The abbreviated format states no turnover.
LLRT
Lifetime
1 annual account with figurespeak €40,195 (2025)
€40,195
peak €23,971 (2025)
€23,971
peak €28,971 (2025)
€28,971
€47,666
Board1 name since 2025
1 directorVANBEVEREN Joost Corneel
Documentsfilings and deeds
28-09-202659 days late
2025abbreviated format
Incorporation 17-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
Position in the sector
€28,971
Less equity than 82% of companies in repair and installation of machinery. Sector median €261,763 · 602 companies.
2025 accounts filed 59 days after the deadline
Checked score
56
Fair
Financially stronger than 65% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,399 companies (NACE 33, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 1.8%
06-2026: 1.9%▲ +0.1 percentage points vs 05-2026
07-2026: 1.9%● unchanged vs 06-2026
08-2026: 2.4%▲ +0.5 percentage points vs 07-2026
09-2026: 2.4%● unchanged vs 08-2026highest value
10-2026: 1.7%▼ -0.7 percentage points vs 09-2026lowest value
11-2026: 1.7%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 59 days late; 1 of the last 3 accounts late
Size: total assets €76,637
Founded in 2025
lowers risk
Liquidity: current ratio 0.81, cash €24,470
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 33, micro). It does better than 43% of them on solvency, 63% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 11,279 companies had the same profile as LLRT has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of LLRT itself is higher: 1.7% within 12 months. It rests on far more data about LLRT than the profile alone.
Test of the method
The method was tested on the 497,448 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 11,279 companies, not a prediction for LLRT. 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 €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.81, below 1. Short-term debt is 48.7% and cash 31.9% of total assets. 62.2% 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 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 1 filingDeviation from the deadline
2025
59 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1022378119
Incorporation
Founding capital of €5,000, 100 shares · Founder: VANBEVEREN Joost Corneel · Appointment: VANBEVEREN Joost Corneel (director) · published on 17-04-2025 · Gazette deed
First establishment
Eikhoekstraat (West) 40, Vleteren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LLRT Vleteren | €76,637 | €40,195 | 37.8% | - |
| BRENT MAES Sint-Gillis-Waas | €76,127 | €44,259 | 45.6% | - |
| McKernon Grimbergen | €68,000 | €36,797 | -9.2% | - |
| VERITECH Waasmunster | €93,814 | €40,124 | 30.9% | - |
| VAN GERVEN - STOFKOOPER Orp-Jauche | €62,467 | €43,991 | 58.2% | - |
| FD Service Florennes | €82,403 | €31,111 | 40.6% | - |
| Domus Titan De Haan | €58,614 | €49,361 | 63.6% | - |
These companies have the same main activity as LLRT: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €58,600 and €93,800, founded in 2025.
Official details
Source: KBO- Status
- Active since 15-04-2025Normal situation
- Activity
- Repair and maintenance of machineryNACE 33120and 5 others
- Establishment unit
- 2.372.792.7198640 Vleteren, since 15-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 23-04-2025
Insights on LLRT
The computed 12-month bankruptcy probability of LLRT is 1.7% (moderate). The 2025 annual accounts show equity of €28,971 and a net result of €23,971.
Its solvency ranks better than 50% of 602 sector peers (NACE 33, financial year 2025). The company has been active since 2025 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 LLRT
- What is the company number of LLRT?
- The company number of LLRT is 1022.378.119. The VAT number is the same number with BE in front: BE 1022.378.119.
- Where is LLRT based?
- The registered office is at Eikhoekstraat (West) 40, 8640 Vleteren.Company details
- What does LLRT do?
- According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
- What is the legal form of LLRT?
- LLRT is a private limited company (BV).
- When was LLRT founded?
- LLRT was founded on 15-04-2025.
- Is LLRT still active?
- Yes, LLRT is an active enterprise in the KBO register.
- What is the turnover of LLRT?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €40,195 and 1,231 comparable companies of the same size. It probably lies between €77,000 and €270,000. It is a rough estimate.Financials
- Is LLRT profitable?
- In financial year 2025, LLRT made a profit of €23,971.
- Where can I find the annual accounts of LLRT?
- LLRT filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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