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LOUVRANGES

Active
Public limited companyfounded 199234 yrs activeFranklin Rooseveltlaan 65, 1050 Brussel, BelgiumKBO/BCE: BE 0448.154.153
Summary

The computed 12-month bankruptcy probability of LOUVRANGES is 4.4% (elevated). The 2024 annual accounts show negative equity (-€2.0m) and a net result of -€175,961. Equity is shrinking by ~12.9% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€1.3mtotal assets 2024
Equity
-€2.0m
Loss
-€175,961
Turnover not published (abridged schema)
Financial health
35 Weak Checked score 2024
Bankruptcy chance 12 m
4.4%
Structure
Accounts 65 d overdue0 of 8 deeds read
Why 35- Liquidity: current ratio 0.00, cash €81, halved- 1 financial year not filed after the legal deadline; latest accounts 116 days late; 3 of the last 3 late- Negative equity -€2.0m+ Size: total assets €1.3mShow the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 10% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -162.1% of total assets
Liquidity 0=
short-term debt 262.1% · cash 0.0%
Profitability 1+1
return on assets -13.9%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.6%lowest value 12-2024: 4.1%▲ +16.6% vs 11-2024 01-2025: 3.8%▼ -8.5% vs 12-2024 02-2025: 3.9%▲ +2.6% vs 01-2025 03-2025: 4.0%▲ +2.8% vs 02-2025 04-2025: 3.9%▼ -1.8% vs 03-2025 05-2025: 3.8%▼ -2.9% vs 04-2025 06-2025: 3.6%▼ -4.6% vs 05-2025 07-2025: 3.8%▲ +4.0% vs 06-2025 08-2025: 4.2%▲ +10.6% vs 07-2025 09-2025: 4.2%▼ -0.7% vs 08-2025 10-2025: 4.6%▲ +9.8% vs 09-2025 11-2025: 4.7%▲ +3.7% vs 10-2025highest value 12-2025: 3.7%▼ -22.5% vs 11-2025 01-2026: 3.7%● 0.0% vs 12-2025 02-2026: 3.7%▲ +1.5% vs 01-2026 03-2026: 3.7%● 0.0% vs 02-2026 04-2026: 3.6%▼ -1.9% vs 03-2026 05-2026: 3.7%▲ +0.2% vs 04-2026 06-2026: 3.6%▼ -0.6% vs 05-2026 07-2026: 3.7%▲ +0.8% vs 06-2026 08-2026: 4.1%▲ +12.6% vs 07-2026 09-2026: 4.1%▼ -0.9% vs 08-2026 10-2026: 4.4%▲ +8.1% vs 09-2026
  • Size: total assets €1.3m lowers the probability for this profile
  • Liquidity: current ratio 0.00, cash €81, halved raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 116 days late; 3 of the last 3 late raises the probability
  • Negative equity -€2.0m raises the probability
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2023; short-term debt: 262.1% and cash: 0% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 2%, profitability 9%, growth against the median 25%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Size: total assets €1.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.00, cash €81, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 116 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity -€2.0m
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
181920222324
2018 to 2024 · latest year -€2.0m
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-11-2025, 116 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
116 d late
2023
131 d late
2022
72 d late
2020
90 d late
2019
122 d late
2018
42 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 96 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€257,604

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€2.0m View
  • Risk: 6 loss-making years in a rowloss fiscal year 2024 -€175,961 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Positive: Result rose in 2024from -€257,604 to -€175,961 ▲ 31.7% View

By topic

Financials

Fiscal year
2024
Total assets
€1.3m
Loss
-€175,961
Solvency
-162.1%
Total assets▼ 8.8%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2015
  1. 24-11-2025Annual accounts filed
  2. 09-12-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
27-08-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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