LLVB
ActiveThe computed 12-month bankruptcy probability of LLVB is 2.9% (moderate). The 2025 annual accounts show negative equity (€-95k) and a net result of €-30k. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 9% of 13204 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-22
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.39 against 0.48 in 2024; short-term debt: 224.8% and cash: 12.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 · 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 2025Solvency, return and age of the figures
Solvency
-124.8%
Return on assets
-38.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-95k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
38 d early
2023
6 d late
2022
35 d early
2021
25 d early
2020
22 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-95k▼ 45.3%
2024 · €-65k
2019: €-41k
2020: €-58k
2021: €-26k
2022: €-35k
2023: €-62k
2024: €-65k
2019 → 2025
Total assets
€76k▼ 7.0%
2024 · €82k
2019: €66k
2020: €58k
2021: €83k
2022: €93k
2023: €94k
2024: €82k
2019 → 2025
Net result
€-30k▼ 801%
2024 · €-3k
2019: €-52k
2020: €-17k
2021: €32k
2022: €-10k
2023: €-27k
2024: €-3k
2019 → 2025
Working capital
€-104k▼ 37.3%
2024 · €-76k
2019: €-57k
2020: €-68k
2021: €-37k
2022: €-46k
2023: €-72k
2024: €-76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-26k-€-35k▼ 38.1%€-62k▼ 75.5%€-65k▼ 5.3%€-95k▼ 45.3%
Operating result€35k-€-6k€-18k▼ 184%€9k€-24k
Net result€32k-€-10k€-27k▼ 174%€-3k▲ 87.7%€-30k▼ 801%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€9k▼ 11.7%
Current assets
€67k▼ 6.3%
Key figures and ratios
EBITDA
€-21k▼
2024 · €11k
Cash flow
€-27k▼
2024 · €-1k
Solvency
-124.8%▼
2024 · -79.9%
Current ratio
0.39▼
2024 · 0.48
Quick ratio
0.29▼
2024 · 0.37
Debt / equity
-1.80▲
2024 · -2.25
ROA
-38.9%▼
2024 · -4.0%
Interest coverage
-3.84▼
2024 · 0.96
Debt
€171k▲
2024 · €147k
Debt ≤ 1 year
€171k▲
2024 · €147k
Income taxes
€401▼
2024 · €612
Staff costs
€193k▲
2024 · €189k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€82k€76k▼
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€5k€4k▼
Financial fixed assets28€5k€5k=
Current assets29/58€71k€67k▼
Stocks and contracts in progress3€17k€16k▼
Stocks30/36€17k€16k▼
Amounts receivable within one year40/41€31k€41k▲
Trade receivables40€1k-
Other amounts receivable41€30k€41k▲
Cash at bank and in hand54/58€23k€9k▼
Equity and liabilities
Total equity and liabilities10/49€82k€76k▼
Equity10/15€-65k€-95k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-73k€-103k▼
Amounts payable17/49€147k€171k▲
Amounts payable within one year42/48€147k€171k▲
Trade debts44€100k€90k▼
Suppliers440/4€100k€90k▼
Advances received on contracts in progress46-€10k
Taxes, remuneration and social security45€35k€58k▲
Taxes450/3€18k€32k▲
Remuneration and social security454/9€17k€26k▲
Other amounts payable47/48€12k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€189k€193k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€53€106▲
Gross operating margin9900€200k€172k▼
Operating profit (loss)9901€9k€-24k▼
Financial income75/76B€0€62▲
Recurring financial income75€0€62▲
Financial charges65/66B€12k€5k▼
Recurring financial charges65€12k€5k▼
Profit (loss) for the period before taxes9903€-3k€-29k▼
Income taxes67/77€612€401▼
Profit (loss) for the period9904€-3k€-30k▼
Profit (loss) for the period to be appropriated9905€-3k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-73k€-103k▼
Profit (loss) brought forward from the previous period14P€-70k€-73k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 103 days late
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 253 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Grimbergen · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gemeenteplein 11853 GrimbergenGround area
1.1 ha
Building footprint
4,387 m²
Volume, LiDAR
32,024 m³
2 parcels, Flanders · tallest building 22.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Cultuur Bar-Bar
since 20142.237.551.062
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0454/00T003 | Flanders | 1.1 ha | 1 · 4,160 m² | 20.4 m · 2 fl. |
| 23084A0536/00N006 | Flanders | 526 m² | 1 · 227 m² | 22.2 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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JLS
BE 1004.893.076
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Winter Events
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ORIENT
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Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 3,620 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-08-2014
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.