LR EXPRESS
The computed 12-month bankruptcy probability of LR EXPRESS is 7.3% (elevated). The 2024 annual accounts show equity of €19k and a net result of €-3k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 434 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €19k |
| Net result | €-3k |
| Better than sector | 45% |
| Active | 4 yrs |
Fragile profile — watch profitability in particular.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.1% | 23.9% | |
| Net result | €-3k | €4k | |
| Equity | €19k | €14k | |
| Gross operating margin | €21k | €29k | |
| Total assets | €98k | €68k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €18k |
| Net profit | €-3k |
| Cash flow | €16k |
| Staff costs | — |
| Income taxes | €2k |
| Dividends | — |
| Total assets | €98k |
| Equity | €19k |
| Debt | €79k |
| of which ≤ 1y | €34k |
| of which > 1y | €45k |
| Working capital | €-7k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 0.80 |
| Quick ratio | 0.80 |
| Working capital ratio | -6.9% |
| Solvency | 19.1% |
| Debt / equity | 4.24 |
| Long-term debt ratio | 2.43 |
| Interest coverage | 24.32 |
| Gross margin | — |
| Net margin | — |
| ROA | -2.9% |
| ROE | -15.2% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €98k |
| Fixed assets | 21/28 | €71k |
| Tangible fixed assets | 22/27 | €71k |
| Current assets | 29/58 | €27k |
| Amounts receivable within one year | 40/41 | €25k |
| Cash & bank | 54/58 | €2k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €98k |
| Equity | 10/15 | €19k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €9k |
| Amounts payable | 17/49 | €79k |
| Amounts payable after one year | 17 | €45k |
| Amounts payable within one year | 42/48 | €34k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €21k |
| Operating result | 9901 | €-331 |
| Financial income | 75 | €37 |
| Financial charges | 65 | €760 |
| Result before taxes | 9903 | €-1k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
| NACE primary | Land transport(49500) |
| Legal form | Private limited company(610) |
| Incorporation | 08-01-2022 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00H005 | Brussels | 480 m² | 1 · 417 m² | 29.8 m · 8 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-01-2023 Registered office moved from Evere to Ixelles
- Avenue Julles Bordet , 1140 Evere → 209A avenue Louise boite 7, 1050 Ixelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "209A avenue Louise boite 7, 1050 Ixelles",
"city": "Ixelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": "7",
"street_number": "209A",
"locality_suffix": null
},
"old_address": {
"raw": "Avenue Julles Bordet , 1140 Evere",
"city": "Evere",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue Julles Bordet",
"country": "BE",
"postcode": "1140",
"box_number": null,
"street_number": "1140",
"locality_suffix": null
},
"effective_date": "2022-12-15",
"evidence_quote": "Par ordre de l\u0027administrateur, le si\u00E8ge social est transf\u00E9r\u00E9 \u00E0 209A avenue Louise boite 7, 1050 Ixelles \u00E0 partir du 15/12/2022.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2022-12-29",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assemblee_generale_extraordinaire",
"date": "2022-12-15",
"unanimous": null
},
"subject_company": {
"kbo": "0779.864.657",
"name_full": "LR EXPRESS",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "M. Lourhzal Redouan",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | LR EXPRESS |