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LTWPKG

Active
Public limited companyfounded 20242 yrs activeFond des Més 5/18 Tour B, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 1013.168.661
Summary

The computed 12-month bankruptcy probability of LTWPKG is 2.2% (moderate). The 2025 annual accounts show equity of €40,511 and a net result of -€20,989. Its solvency ranks better than 85% of 10485 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 3.97; short-term debt: 25.2% and cash: 4.9% of total assets), and 25.2% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
74.8%
Return on assets
-38.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 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

LTWPKG was incorporated on 4 September 2024 as a Public 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, abbreviated schema

Equity
€40,511
Total assets
€54,152
Net result
-€20,989
Working capital
€40,511

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

Balance-sheet composition
Equity and liabilities €54,152
Equity €40,511
Debt €13,641
Debt finances 25.2% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
3.97
Quick ratio
0.60
Debt to equity
0.34
ROE
-51.8%
ROA
-38.8%
Debt ≤ 1 year
€13,641

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.9% went bankrupt
8.6% stopped otherwise
87% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% 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 497,058 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% 1.6%
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 74% 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 3,225 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 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€54,152
Current assets29/58€54,152
Stocks and contracts in progress3€46,011
Stocks30/36€46,011
Amounts receivable within one year40/41€2,137
Other amounts receivable41€2,137
Cash at bank and in hand54/58€2,671
Deferred charges and accrued income490/1€3,333
Equity and liabilities
Total equity and liabilities10/49€54,152
Equity10/15€40,511
Contributions10/11€61,500
Capital10€61,500
Issued capital100€61,500
Profit (loss) carried forward14-€20,989
Amounts payable17/49€13,641
Amounts payable within one year42/48€13,641
Trade debts44€4,477
Suppliers440/4€4,477
Other amounts payable47/48€9,164
Income statement Code2025
Other operating charges640/8€426
Gross operating margin9900-€20,352
Operating profit (loss)9901-€20,778
Financial charges65/66B€210
Recurring financial charges65€210
Profit (loss) for the period before taxes9903-€20,989
Profit (loss) for the period9904-€20,989
Profit (loss) for the period to be appropriated9905-€20,989
Appropriation of the result
Profit (loss) to be appropriated9906-€20,989
Line2025
Other operating charges640/8€426
Gross operating margin9900-€20,352
Operating profit (loss)9901-€20,778
Financial charges65/66B€210
Recurring financial charges65€210
Profit (loss) for the period before taxes9903-€20,989
Profit (loss) for the period9904-€20,989
Profit (loss) for the period to be appropriated9905-€20,989
Line2025
Assets
Total assets20/58€54,152
Current assets29/58€54,152
Stocks and contracts in progress3€46,011
Stocks30/36€46,011
Amounts receivable within one year40/41€2,137
Other amounts receivable41€2,137
Cash at bank and in hand54/58€2,671
Deferred charges and accrued income490/1€3,333
Equity and liabilities
Total equity and liabilities10/49€54,152
Equity10/15€40,511
Contributions10/11€61,500
Capital10€61,500
Issued capital100€61,500
Profit (loss) carried forward14-€20,989
Amounts payable17/49€13,641
Amounts payable within one year42/48€13,641
Trade debts44€4,477
Suppliers440/4€4,477
Other amounts payable47/48€9,164
Line2025
Profit (loss) for the period9904-€20,989
Operating cash flow (approximation)-€20,989

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
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2024
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Fond des Més 5/18 Tour B1348 Ottignies-Louvain-la-Neuve
1 establishment unit
LTWPKG
Fond des Més 5/18, 1348 Ottignies-Louvain-la-NeuveRetail trade
since 20242.365.981.735

Similar companies · same sector, comparable size

Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,493 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded04-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46900Non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013168661
Also 9925:BE1013168661
Registered 03-02-2026

Register as of 27 September 2026 · Peppol Directory

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