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LRK AUTO SOLUTION

Active
Private limited companyfounded 20251 yr activeBrusselsesteenweg 394, 1730 Asse, BelgiumKBO/BCE: BE 1023.151.842
Summary

The computed 12-month bankruptcy probability of LRK AUTO SOLUTION is 1.6% (moderate). The 2025 annual accounts show negative equity (-€35,515) and a net result of -€37,515. Its solvency ranks better than 6% of 2601 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2; short-term debt: 212.3% and cash: 9% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-112.3%
Return on assets
-118.6%
Age of the figures
9 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 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

LRK AUTO SOLUTION was incorporated on 8 May 2025 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
-€35,515
Total assets
€31,627
Net result
-€37,515
Working capital
-€53,661

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

Balance-sheet composition
Assets €31,627
Fixed assets €18,146
Current assets €13,481
Key figures and ratios
2025 value
EBITDA
-€33,061
Cash flow
-€33,021
Solvency
-112.3%
Current ratio
0.20
Debt to equity
-1.89
ROA
-118.6%
Interest coverage
-18784.64
Debt
€67,142
Debt ≤ 1 year
€67,142

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.5% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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 1,322 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€31,627
Fixed assets21/28€18,146
Tangible fixed assets22/27€18,146
Plant, machinery and equipment23€3,698
Furniture and vehicles24€14,448
Current assets29/58€13,481
Amounts receivable within one year40/41€10,619
Trade receivables40€9,833
Other amounts receivable41€786
Cash at bank and in hand54/58€2,862
Equity and liabilities
Total equity and liabilities10/49€31,627
Equity10/15-€35,515
Contributions10/11€2,000
Profit (loss) carried forward14-€37,515
Amounts payable17/49€67,142
Amounts payable within one year42/48€67,142
Trade debts44€28,574
Suppliers440/4€28,574
Taxes, remuneration and social security45€63
Taxes450/3€63
Other amounts payable47/48€38,505
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,494
Other operating charges640/8€227
Gross operating margin9900-€32,834
Operating profit (loss)9901-€37,555
Financial income75/76B€42
Recurring financial income75€42
Financial charges65/66B€2
Recurring financial charges65€2
Profit (loss) for the period before taxes9903-€37,515
Profit (loss) for the period9904-€37,515
Profit (loss) for the period to be appropriated9905-€37,515
Appropriation of the result
Profit (loss) to be appropriated9906-€37,515

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,494
Other operating charges640/8€227
Gross operating margin9900-€32,834
Operating profit (loss)9901-€37,555
Financial income75/76B€42
Recurring financial income75€42
Financial charges65/66B€2
Recurring financial charges65€2
Profit (loss) for the period before taxes9903-€37,515
Profit (loss) for the period9904-€37,515
Profit (loss) for the period to be appropriated9905-€37,515
Line2025
Assets
Total assets20/58€31,627
Fixed assets21/28€18,146
Tangible fixed assets22/27€18,146
Plant, machinery and equipment23€3,698
Furniture and vehicles24€14,448
Current assets29/58€13,481
Amounts receivable within one year40/41€10,619
Trade receivables40€9,833
Other amounts receivable41€786
Cash at bank and in hand54/58€2,862
Equity and liabilities
Total equity and liabilities10/49€31,627
Equity10/15-€35,515
Contributions10/11€2,000
Profit (loss) carried forward14-€37,515
Amounts payable17/49€67,142
Amounts payable within one year42/48€67,142
Trade debts44€28,574
Suppliers440/4€28,574
Taxes, remuneration and social security45€63
Taxes450/3€63
Other amounts payable47/48€38,505
Line2025
Profit (loss) for the period9904-€37,515
+ Depreciation and write-downs630€4,494
Operating cash flow (approximation)-€33,021

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
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Asse · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
4,212 m²
Building footprint
297 m²
Volume, LiDAR
1,460 m³
Parcel 23041A0002/00L002, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
LRK AUTO SOLUTION
Brusselsesteenweg 394, 1730 AsseRetail sale of motor vehicle parts and accessories
since 20252.374.115.778
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23041A0002/00L002 Flanders 4,212 m² 1 · 297 m² 9.3 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,205 companies in sector 95316 we hold annual accounts for 754. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
47820Retail sale of motor vehicle parts and accessories
47830Retail sale of motorcycles and motorcycle parts and accessories
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID 0208:1023151842
Also 9925:BE1023151842
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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