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LOUSSAM

Active
Private limited companyfounded 2013active for 13 yearsBirminghamstraat 98, 1070 Anderlecht, BelgiumKBO/BCE: BE 0523.887.003
Summary

The computed 12-month bankruptcy probability of LOUSSAM is 3.0% (moderate). The 2024 annual accounts show equity of €36,659 and a net result of -€13,592. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 22,260 sector peers (NACE 47, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of bread and pastry (bakery outlets)
NACE 47241
2 sites
Size
€177,362total assets 2024
Equity
€36,659
Loss
-€13,592
Turnover not published (micro format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.0%
Structure
Accounts 79 days overdue8 of 17 deeds read
Why 49raises riskLoss of €48,685, the second in a row (financial year 2025)Negative equity -€12,026Latest accounts 74 days late; 1 of the last 3 latelowers riskSize: total assets €85,522Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 18% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency 46-19
equity 20.7% of total assets
Liquidity 26-26
short-term debt 78.4% · cash 15.0%
Profitability 59-11
return on assets -7.7%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,221 companies, NACE 47, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.7%▼ -0.2 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025lowest value 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.0%▼ -0.1 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.6 percentage points vs 07-2026 09-2026: 1.9%▲ +0.2 percentage points vs 08-2026 10-2026: 3.0%▲ +1.1 percentage points vs 09-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.87, compared with 1.26 in 2023, below 1; short-term debt: 78.4% and cash: 15% of total assets), and 79.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 15% on solvency, 45% on liquidity, 6% on profitability and 4% on growth.

The bankruptcy probability was computed on 17-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €48,685, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€12,026
NBB · annual accounts
lowers risk · Size: total assets €85,522
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 74 days late; 1 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
5 days late
2023
on the day
2022
58 days late
2021
61 days late
2020
145 days late
2019
185 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 76 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Bouaïcha Mohamed-Ali (director) and Lakhouit…Appointment: Sialiti Said (director) ·…
  2. Resignations: Erdogan kerim, Less Badr and…Appointments: Lakhouit Redouane (director) and…
  3. Appointment: Bouaicha Mohamed-Ali (director)Share transfer · Shareholding

Key points

  • Caution: Among the weakest 5% on net resultsector median €5,115 · 22,240 companies -€48,685 View
  • Caution: Board changedlatest change 01-04-2026 · 3 in office 3 joined · 4 left View
  • Caution: Accounts not fileddeadline was 31-07-2026 79 days late View

By topic

Financials

Financial year
2024
Total assets
€177,362
Loss
-€13,592
Solvency
20.7%
Turnover▲ 102%
Net result
20202022
Go to Financials

Board & ownership

Board
3 members
  • Bouaicha Mohamed-AliDirector
  • El Yazami AbdelkrimDirector
  • Lakhouit RedouaneDirector
Go to Board & ownership

Timeline

Events
23
Since
2014
  1. 29-10-2025Resignations: Bouaicha Mohamed-Ali (director) and El Cheikh…
  2. 05-08-2025Annual accounts filed
  3. 07-02-2025Appointment: EL HAIMOUD Jamal-d-din (director)
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of bread and pastry (bakery outlets)NACE 47241
Founded
15-03-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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