LOIRA
ActiveSummary
The computed 12-month bankruptcy probability of LOIRA is 2.2% (moderate). The 2025 annual accounts show negative equity (-€10,849) and a net result of -€10,566. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 3833 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-10
Solvency24▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.39 against 4.09 in 2024; short-term debt: 12.2% and cash: 0.9% of total assets), but equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
-1.2%
Return on assets
-1.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€10,849
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
8 d early
2024
31 d early
2023
23 d early
2022
29 d late
2021
75 d late
2020
2 d early
2019
83 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 23 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€10,849▼ 3,730%
2024 · -€283
Total assets
€933,480▼ 1.3%
2024 · €945,482
Net result
-€10,566
2024 · €5,027
Working capital
€158,115▼ 10.1%
2024 · €175,868
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,894▼ 78.9%€18,773▲ 284%€43,567▲ 132%€19,339▼ 55.6%€5,926▼ 69.4%
Net result-€17,249below the sector's middle half€2,887within the sector's middle half€25,163within the sector's middle half▲ 771%€5,027within the sector's middle half▼ 80.0%-€10,566below the sector's middle half
Equity-€33,360below the sector's middle half▼ 107%-€30,473below the sector's middle half▲ 8.7%-€5,310below the sector's middle half▲ 82.6%-€283below the sector's middle half▲ 94.7%-€10,849below the sector's middle half▼ 3,730%
Total assets€1.1mabove the sector's middle half▲ 6.8%€1.1mabove the sector's middle half▲ 1.4%€963,745within the sector's middle half▼ 10.8%€945,482within the sector's middle half▼ 1.9%€933,480above the sector's middle half▼ 1.3%
Debt€1.1m▲ 8.4%€1.1m▲ 1.1%€969,055▼ 12.7%€945,765▼ 2.4%€944,329▼ 0.2%
Working capital€175,749above the sector's middle half▼ 39.6%€205,547above the sector's middle half▲ 17.0%€152,108above the sector's middle half▼ 26.0%€175,868above the sector's middle half▲ 15.6%€158,115above the sector's middle half▼ 10.1%
Solvency-3.1%below the sector's middle half▼ 1.5pp-2.8%below the sector's middle half▲ 0.3pp-0.6%below the sector's middle half▲ 2.3pp0.0%below the sector's middle half▲ 0.5pp-1.2%below the sector's middle half▼ 1.1pp
Current ratio4.48above the sector's middle half▼ 6.115.27above the sector's middle half▲ 0.794.53above the sector's middle half▼ 0.734.09above the sector's middle half▼ 0.452.39above the sector's middle half▼ 1.69
Return on assets (ROA)-1.6%within the sector's middle half▼ 2.8pp0.3%within the sector's middle half▲ 1.9pp2.6%within the sector's middle half▲ 2.3pp0.5%within the sector's middle half▼ 2.1pp-1.1%within the sector's middle half▼ 1.7pp
Staff (FTE)0.31.6below the sector's middle half▲ 433%0.7below the sector's middle half▼ 56.3%1.1below the sector's middle half▲ 57.1%0.6below the sector's middle half▼ 45.5%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €933,480
Fixed assets
€661,894 ▼ 7.1%
Current assets
€271,586 ▲ 16.7%
Equity and liabilities
Equity-€10,849
Debt€944,329
Equity is negative: debt (€944,329) exceeds the balance-sheet total (€933,480).
Key figures and ratios
EBITDA
€60,321▼
2024 · €75,280
Cash flow
€43,830▼
2024 · €60,968
Quick ratio
2.19▼
2024 · 3.66
Interest coverage
2.62▼
2024 · 3.57
Debt ≤ 1 year
€113,471▲
2024 · €56,949
Debt > 1 year
€830,858▼
2024 · €888,816
Staff costs
€33,506▼
2024 · €45,935
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.8%
went bankrupt
5.8%
stopped otherwise
91%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,332 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3,975 | €43,569 | €32,898 | €45,935 | €33,506 | ▼ 27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,903 | €57,302 | €57,871 | €55,941 | €54,395 | ▼ 2.8% |
| Other operating charges640/8 | €2,740 | €2,940 | €4,100 | €4,791 | €3,936 | ▼ 17.8% |
| Gross operating margin9900 | €46,512 | €122,583 | €138,436 | €126,005 | €97,763 | ▼ 22.4% |
| Operating profit (loss)9901 | €4,894 | €18,773 | €43,567 | €19,339 | €5,926 | ▼ 69.4% |
| Financial income75/76B | €3,947 | €6,428 | €3,247 | €6,750 | €6,501 | ▼ 3.7% |
| Recurring financial income75 | €3,947 | €6,428 | €3,247 | €6,750 | €6,501 | ▼ 3.7% |
| Financial charges65/66B | €26,091 | €19,275 | €18,561 | €21,063 | €22,992 | ▲ 9.2% |
| Recurring financial charges65 | €26,091 | €19,275 | €18,561 | €21,063 | €22,992 | ▲ 9.2% |
| Profit (loss) for the period before taxes9903 | -€17,249 | €5,926 | €28,253 | €5,027 | -€10,566 | ▼ 310% |
| Income taxes67/77 | - | €3,039 | €3,090 | - | - | - |
| Profit (loss) for the period9904 | -€17,249 | €2,887 | €25,163 | €5,027 | -€10,566 | ▼ 310% |
| Profit (loss) for the period to be appropriated9905 | -€17,249 | €2,887 | €25,163 | €5,027 | -€10,566 | ▼ 310% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €963,745 | €945,482 | €933,480 | ▼ 1.3% |
| Fixed assets21/28 | €839,138 | €826,476 | €768,606 | €712,665 | €661,894 | ▼ 7.1% |
| Intangible fixed assets21 | €5,193 | €3,374 | €1,555 | - | - | - |
| Tangible fixed assets22/27 | €833,705 | €822,863 | €766,811 | €712,425 | €661,654 | ▼ 7.1% |
| Land and buildings22 | €773,831 | €757,722 | €711,219 | €664,716 | €618,214 | ▼ 7.0% |
| Plant, machinery and equipment23 | €46,830 | €48,833 | €43,368 | €37,903 | €35,974 | ▼ 5.1% |
| Furniture and vehicles24 | €13,045 | €14,484 | €12,144 | €9,805 | €7,466 | ▼ 23.9% |
| Other tangible fixed assets26 | - | €1,824 | €79 | - | - | - |
| Financial fixed assets28 | €240 | €240 | €240 | €240 | €240 | = |
| Current assets29/58 | €226,298 | €253,708 | €195,139 | €232,817 | €271,586 | ▲ 16.7% |
| Amounts receivable after more than one year29 | €209,819 | €214,678 | €152,267 | €163,093 | €228,550 | ▲ 40.1% |
| Other amounts receivable291 | €209,819 | €214,678 | €152,267 | €163,093 | €228,550 | ▲ 40.1% |
| Stocks and contracts in progress3 | - | €11,013 | €13,969 | €24,200 | €23,615 | ▼ 2.4% |
| Stocks30/36 | - | €11,013 | €13,969 | €24,200 | €23,615 | ▼ 2.4% |
| Amounts receivable within one year40/41 | €12,254 | €18,482 | €15,553 | €16,518 | €10,856 | ▼ 34.3% |
| Trade receivables40 | - | €18,482 | €15,553 | €16,140 | €10,856 | ▼ 32.7% |
| Other amounts receivable41 | €12,254 | - | - | €377 | - | - |
| Cash at bank and in hand54/58 | €4,032 | €9,535 | €13,351 | €29,006 | €8,564 | ▼ 70.5% |
| Deferred charges and accrued income490/1 | €194 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €963,745 | €945,482 | €933,480 | ▼ 1.3% |
| Equity10/15 | -€33,360 | -€30,473 | -€5,310 | -€283 | -€10,849 | ▼ 3,730% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€39,560 | -€36,673 | -€11,510 | -€6,483 | -€17,049 | ▼ 163% |
| Amounts payable17/49 | €1.1m | €1.1m | €969,055 | €945,765 | €944,329 | ▼ 0.2% |
| Amounts payable after more than one year17 | €1.0m | €1.1m | €926,024 | €888,816 | €830,858 | ▼ 6.5% |
| Financial debts170/4 | €1.0m | €1.1m | €926,024 | €888,816 | €830,858 | ▼ 6.5% |
| Amounts payable within one year42/48 | €50,549 | €48,161 | €43,031 | €56,949 | €113,471 | ▲ 99.2% |
| Current portion of amounts payable after more than one year42 | €35,045 | €35,751 | €36,472 | €37,208 | €102,958 | ▲ 177% |
| Trade debts44 | €12,489 | €11,478 | €5,884 | €19,182 | €9,693 | ▼ 49.5% |
| Suppliers440/4 | €12,489 | €11,478 | €5,884 | €19,182 | €9,693 | ▼ 49.5% |
| Taxes, remuneration and social security45 | €3,015 | €932 | €675 | €560 | €820 | ▲ 46.5% |
| Taxes450/3 | €113 | - | - | - | - | - |
| Remuneration and social security454/9 | €2,901 | €932 | €675 | €560 | €820 | ▲ 46.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,249 | €2,887 | €25,163 | €5,027 | -€10,566 | ▼ 310% |
| + Depreciation and write-downs630 | €34,903 | €57,302 | €57,871 | €55,941 | €54,395 | ▼ 2.8% |
| Operating cash flow (approximation) | €17,653 | €60,190 | €83,034 | €60,968 | €43,830 | ▼ 28.1% |
| Investment in fixed assets (approximation) | - | -€44,641 | €0 | €0 | -€3,625 | - |
| Change in cash | - | €5,503 | €3,816 | €15,655 | -€20,443 | ▼ 231% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €25,163 ▲771%
Operating result €43,567, net result €25,163, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Back to profitnet €2,887
Net result €2,887 after one loss-making year.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Weakest financial yearnet -€17,249
Net result drops to -€17,249, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 83 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2016
Ground area
170 m²
Building footprint
121 m²
Volume, LiDAR
963 m³
Parcel 23003C0192/00W000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
LOIRA
since 20162.252.544.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23003C0192/00W000 | Flanders | 170 m² | 1 · 121 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeersel2.252.544.094
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Of 13,991 companies in this sector we hold annual accounts for 4,899. 567 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded26-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
66300Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
70200Business and other management consultancy
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0652845335
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.