Turnover
≈ €490,000 estimated
The abbreviated format states no turnover.
LO BXL
Lifetime
1 annual account with figurespeak €160,436 (2025)
€160,436
peak €6,736 (2025)
€6,736
peak €9,236 (2025)
€9,236
€481,863
peak 5.8 FTE (2025)
5.8 FTE
Board1 name since 2024
1 directorMAPL
Documentsfilings and deeds
14-09-202645 days late
2025abbreviated format
First year with figures
Key points
from the 2025 annual accountsDebts
€481,863 98% of the balance sheet
Suppliers 82%Taxes and wages 17%
At the same address
465 companies
2025 accounts filed 45 days after the deadline
Checked score
37
Weak
Financially stronger than 38% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.9% 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
12-2025: 4.1%lowest value
01-2026: 4.1%● unchanged vs 12-2025lowest value
02-2026: 4.2%▲ +0.1 percentage points vs 01-2026
03-2026: 4.6%▲ +0.4 percentage points vs 02-2026
04-2026: 4.7%▲ +0.1 percentage points vs 03-2026
05-2026: 5.0%▲ +0.3 percentage points vs 04-2026
06-2026: 5.0%● unchanged vs 05-2026
07-2026: 8.6%▲ +3.6 percentage points vs 06-2026highest value
08-2026: 8.6%● unchanged vs 07-2026highest value
09-2026: 8.4%▼ -0.2 percentage points vs 08-2026
10-2026: 4.9%▼ -3.5 percentage points vs 09-2026
11-2026: 4.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 45 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 0.98, cash €361,865
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 27% of them on solvency, 49% on liquidity and 37% on profitability.
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, 514 companies had the same profile as LO BXL has now. Each dot stands for 2 companies, two years later.
96.9%
were still trading
1.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LO BXL itself is higher: 4.9% within 12 months. It rests on far more data about LO BXL 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 514 companies, not a prediction for LO BXL. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.98, below 1. Short-term debt is 98.1% and cash 73.7% of total assets. 98.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 4843 sector peers (2025).
NBB · sector comparisonPosition among 4843 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · 2025 accounts filed 45 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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
45 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved within Ixelles
New registered office: Avenue Louise 65 boîte 11, 1050 Ixelles · Previous registered office: Avenue Emile de Beco 47, 1050 Ixelles · General meeting of 15-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016625326
Incorporation
Founding capital of €2,500, 1,000 shares · Founder: Perez Lavandera Miguel-Angel · Appointment: MAPL (director) · published on 28-11-2024 · Gazette deed
First establishment
Rooftop Monnaie, Anspachlaan 30, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LO BXL Ixelles | €491,098 | €160,436 | 1.9% | 5.8 |
| TROMPO Antwerp | €450,964 | €187,690 | -28.0% | 6 |
| THAI CAFE BOONDAEL Ixelles | €439,475 | €196,044 | 0.8% | 7 |
| COMIDA Boortmeerbeek | €417,176 | €133,388 | -59.1% | 6.1 |
| LOLXL Ixelles | €341,997 | €281,393 | 18.0% | 6.7 |
| KANTINE Koksijde | €379,328 | €111,490 | -37.6% | 4.3 |
| LEFCRO Antwerp | €537,459 | €270,421 | 6.8% | 4.1 |
These companies have the same main activity as LO BXL: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €342,000 and €537,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 26-11-2024Normal situation
- Registered office
- 466 active companies are registered at this address30 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Full-service restaurantsNACE 56111
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.373.374.9171000 Brussels, since 26-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 03-04-2026
Insights on LO BXL
The computed 12-month bankruptcy probability of LO BXL is 4.9% (elevated). The 2025 annual accounts show equity of €9,236 and a net result of €6,736.
Its solvency ranks better than 23% of 4,843 sector peers (NACE 56, financial year 2025). The company has been active since 2024 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 LO BXL
- What is the company number of LO BXL?
- The company number of LO BXL is 1016.625.326. The VAT number is the same number with BE in front: BE 1016.625.326.
- Where is LO BXL based?
- The registered office is at Louizalaan 65, 1050 Ixelles.Company details
- What does LO BXL do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of LO BXL?
- LO BXL is a private limited company (BV).
- When was LO BXL founded?
- LO BXL was founded on 26-11-2024.
- Is LO BXL still active?
- Yes, LO BXL is an active enterprise in the KBO register.
- How many employees does LO BXL have?
- LO BXL had an average of 5.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LO BXL fall under?
- In its 2025 annual accounts, LO BXL states joint committee 302 (Hotels and catering).
- What is the turnover of LO BXL?
- The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €160,436 and 31 comparable companies (NACE 56111). It probably lies between €410,000 and €540,000.
- Is LO BXL profitable?
- In financial year 2025, LO BXL made a profit of €6,736.
- Where can I find the annual accounts of LO BXL?
- LO BXL filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See whether the workforce is growing and whether people stay.Employer check
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