LUGMED

Active

Private limited companyfounded 2020active for 6 yearsTramlaan 201, 1933 Zaventem, BelgiumKBO/BCE: BE 0743.645.550

Summary

The computed 12-month bankruptcy probability of LUGMED is 3.3% (moderate). The 2024 annual accounts show equity of €84,030 and a net result of €15,433. Equity is growing by about 55% per year across the filed financial years. Its solvency ranks better than 88% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

LUGMEDActiveChecked score 53/100

Risk analysis Report Compare

Activity

Full-service restaurants

NACE 56111

2 sites

Size

€112,199total assets 2024

Equity: €84,030
Profit: €15,433

Turnover not published (micro format)

Financial health

53 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 3.3%

Structure

2025 accounts not filed, 85 days past the deadline3 deeds in the Belgian Official Gazette

Why 53raises risk1 financial year not filed after the legal deadline; last filed accounts filed 112 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 26-11-2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 7.75, cash €67,002Show the evidence

Checked score

Score 2024

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 82% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 100+6

equity 74.9% of total assets

Liquidity 100=

short-term debt 8.4% · cash 59.7%

Profitability 86-14

return on assets 13.8%

Bankruptcy probability, 12 months

3.3% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,755 companies, NACE 56, micro)

Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 0.9%▼ -0.1 percentage points vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025lowest value 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.3 percentage points vs 07-2025 09-2025: 1.4%▲ +0.2 percentage points vs 08-2025 10-2025: 2.0%▲ +0.6 percentage points vs 09-2025 11-2025: 2.1%▲ +0.1 percentage points vs 10-2025 12-2025: 1.9%▼ -0.2 percentage points vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.8%▼ -0.1 percentage points vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.4%▼ -0.4 percentage points vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.0%▲ +0.6 percentage points vs 07-2026 09-2026: 2.2%▲ +0.2 percentage points vs 08-2026 10-2026: 3.3%▲ +1.1 percentage points vs 09-2026highest value

Credit of up to €4,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 7.75, compared with 15.66 in 2023, above the usual 1.5; short-term debt: 8.4% and cash: 59.7% of total assets), and 25.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 87% on solvency, 99% on liquidity, 74% on profitability and 68% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

1 financial year not filed after the legal deadline; last filed accounts filed 112 days late; 2 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 26-11-2025)

NBB · annual accounts

Liquidity: current ratio 7.75, cash €67,002

NBB · annual accounts

Sector: Food and beverage service activities (NACE 56)

KBO

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.

NBB · 5 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline24-10-2026 today

2024 accounts filed 112 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-11-2025, 112 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 5 filings

Deviation from the deadline

2025

not filed

2024

112 days late

2023

31 days late

2022

18 days late

2021

24 days early

2020

29 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 22 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

20-11-2025 Annual accounts filedfinancial year 2024 · micro…
31-08-2024 Annual accounts filedfinancial year 2023 · micro…
31-12-2023 Highest result from 2020 to 2024net €25,115 ▲79.7%

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 85 days past the deadline View
Positive: Among the best 13% on solvencysector median 29.2% · 18,739 companies 74.9% View
Total assets 20245 financial years filed €112,199 View

By topic

Financials

Financial year: 2024
Total assets: €112,199
Profit: €15,433
Solvency: 74.9%

Go to Financials

Timeline

Events: 8
Since: 2021

18-08-2023Annual accounts filed
31-12-2022Liquidity more than doubled
07-07-2022Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Full-service restaurantsNACE 56111
Founded: 13-02-2020
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about LUGMED

What is the company number of LUGMED?: 0743.645.550. In Belgium the VAT number is the company number with BE in front: BE 0743.645.550.
Where is LUGMED based?: The registered office is at Tramlaan 201, 1933 Zaventem.Company details
What does LUGMED do?: According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of LUGMED?: Private limited company (BV).
When was LUGMED founded?: On 13-02-2020.
Is LUGMED still active?: Yes, LUGMED is an active enterprise in the KBO register.
What is the turnover of LUGMED?: €123,770 in financial year 2021, according to the filed annual accounts.Financials
Is LUGMED profitable?: In financial year 2024, LUGMED made a profit of €15,433.
Where can I find the annual accounts of LUGMED?: LUGMED filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.