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LRDA1

Active
Private limited companyfounded 20251 yr activeRue du Général de Gaulle(CO) 38, 6180 Courcelles, BelgiumKBO/BCE: BE 1019.840.578
Summary

LRDA1 has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,145) and a net result of -€24,145. Its solvency ranks better than 27% of 5502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Day spas, saunas and steam baths
NACE 96230
1 site
Size
€381,961total assets 2025
Equity
-€19,145
Loss
-€24,145
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.1%
Structure
Accounts 7 d early0 of 1 deed read
Why 54Capped at 59: negative equity- Founded in 2025- Negative equity -€19,145- Loss of €24,145 (FY 2025)+ Size: total assets €381,961Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 22% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength
Weak
Solvency 20
equity -5.0% of total assets
Liquidity 14
short-term debt 83.0% · cash 7.9%
Profitability 30
return on assets -6.3%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,545 companies)
Last 24 months 03-2026: 1.6% 04-2026: 1.7%▲ +2.7% vs 03-2026 05-2026: 1.7%▲ +2.1% vs 04-2026 06-2026: 2.1%▲ +23.3% vs 05-2026 07-2026: 2.1%▲ +0.5% vs 06-2026highest value 08-2026: 1.1%▼ -49.6% vs 07-2026lowest value 09-2026: 1.1%▲ +4.5% vs 08-2026 10-2026: 1.1%▲ +2.8% vs 09-2026
  • Size: total assets €381,961 lowers the probability for this profile
  • Founded in 2025 raises the probability for this profile
  • Negative equity -€19,145 raises the probability
  • Loss of €24,145 (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.4; short-term debt: 83% and cash: 7.9% 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 (NACE 96, micro). Better than this share of them on solvency 27%, liquidity 12%, profitability 26%. 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○neutral
lowers risk · Size: total assets €381,961
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Founded in 2025
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Negative equity -€19,145
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €24,145 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
7 d early
← 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
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€19,145 View
  • Caution: Among the weakest 6% on net resultsector median €2,850 · 5,508 companies -€24,145 View
  • Total assets 2025first fiscal year filed €381,961 View

By topic

Financials

Fiscal year
2025
Total assets
€381,961
Loss
-€24,145
Solvency
-5.0%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
11-02-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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