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Londen

Active
Private limited companyfounded 20241 yr activeLondenstraat 49, 2000 Antwerpen, BelgiumKBO/BCE: BE 1017.304.326
Summary

The computed 12-month bankruptcy probability of Londen is 1.7% (moderate). The 2025 annual accounts show equity of €8,347 and a net result of -€1,653. Its solvency ranks better than 31% of 1577 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability66
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.52; short-term debt: 87.1% and cash: 2.3% of total assets), and 87.1% of the assets are financed with debt.
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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 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
12.9%
Return on assets
-2.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 · 1 filing
Deviation from the deadline
2025
39 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Londen was incorporated on 12 December 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€8,347
Total assets
€64,564
Net result
-€1,653
Working capital
-€26,946

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €64,564
Fixed assets €35,294
Current assets €29,270
Equity and liabilities €64,564
Equity €8,347
Debt €56,216
Debt finances 87.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€7,629
Cash flow
€6,603
Current ratio
0.52
Quick ratio
0.03
Debt to equity
6.73
ROE
-19.8%
ROA
-2.6%
Interest coverage
7.44
Debt ≤ 1 year
€56,216
Staff costs
€51,070

Peer companies

Historical observation

Of the 173 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a small loss
2.9% went bankrupt
2.9% stopped otherwise
94% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 173 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
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€64,564
Fixed assets21/28€35,294
Intangible fixed assets21€15,023
Tangible fixed assets22/27€20,271
Plant, machinery and equipment23€20,271
Current assets29/58€29,270
Stocks and contracts in progress3€27,649
Stocks30/36€27,649
Cash at bank and in hand54/58€1,481
Deferred charges and accrued income490/1€140
Equity and liabilities
Total equity and liabilities10/49€64,564
Equity10/15€8,347
Contributions10/11€10,000
Profit (loss) carried forward14-€1,653
Amounts payable17/49€56,216
Amounts payable within one year42/48€56,216
Trade debts44€6,949
Suppliers440/4€6,949
Taxes, remuneration and social security45€12,475
Taxes450/3€24
Remuneration and social security454/9€12,451
Other amounts payable47/48€36,792
Income statement Code2025
Remuneration, social security and pensions62€51,070
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,256
Other operating charges640/8€854
Gross operating margin9900€59,553
Operating profit (loss)9901-€627
Financial charges65/66B€1,025
Recurring financial charges65€1,025
Profit (loss) for the period before taxes9903-€1,653
Profit (loss) for the period9904-€1,653
Profit (loss) for the period to be appropriated9905-€1,653
Appropriation of the result
Profit (loss) to be appropriated9906-€1,653

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€51,070
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,256
Other operating charges640/8€854
Gross operating margin9900€59,553
Operating profit (loss)9901-€627
Financial charges65/66B€1,025
Recurring financial charges65€1,025
Profit (loss) for the period before taxes9903-€1,653
Profit (loss) for the period9904-€1,653
Profit (loss) for the period to be appropriated9905-€1,653
Line2025
Assets
Total assets20/58€64,564
Fixed assets21/28€35,294
Intangible fixed assets21€15,023
Tangible fixed assets22/27€20,271
Plant, machinery and equipment23€20,271
Current assets29/58€29,270
Stocks and contracts in progress3€27,649
Stocks30/36€27,649
Cash at bank and in hand54/58€1,481
Deferred charges and accrued income490/1€140
Equity and liabilities
Total equity and liabilities10/49€64,564
Equity10/15€8,347
Contributions10/11€10,000
Profit (loss) carried forward14-€1,653
Amounts payable17/49€56,216
Amounts payable within one year42/48€56,216
Trade debts44€6,949
Suppliers440/4€6,949
Taxes, remuneration and social security45€12,475
Taxes450/3€24
Remuneration and social security454/9€12,451
Other amounts payable47/48€36,792
Line2025
Profit (loss) for the period9904-€1,653
+ Depreciation and write-downs630€8,256
Operating cash flow (approximation)€6,603

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
08-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
NBB filing
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
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, Antwerpen · 1 establishment unit since 2024
seat establishment approximate The establishment unit on the map
Ground area
111 m²
Building footprint
111 m²
Volume, LiDAR
1,364 m³
Parcel 11802B0057/00E002, Flanders · tallest building 20.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Londen
Londenstraat 49, 2000 AntwerpenArtisanal bread and fresh pastry making
since 20242.367.590.252
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11802B0057/00E002indicative Flanders 111 m² 1 · 111 m² 20.9 m · 5 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2025 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.367.590.252
1 permission
Toelating · Eetgelegenheid · since 07-01-2025

Similar companies · same sector, comparable size

Of 4,228 companies in sector 10712 we hold annual accounts for 1,874. 839 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
47241Retail sale of bread and pastry (bakery outlets)
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017304326
Also 9925:BE1017304326
Registered 24-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.