LUWPAT
ActiveSummary
The computed 12-month bankruptcy probability of LUWPAT is 3.5% (moderate). The 2025 annual accounts show equity of €37,406 and a net result of -€16,733. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 13617 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-20
Solvency54=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.95 against 1.08 in 2024; short-term debt: 69.8% and cash: 36.2% of total assets), and 70.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
29.2%
Return on assets
-13.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
41 d late
2022
23 d early
2021
58 d early
2020
9 d early
2019
15 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 31 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€37,406▼ 31.8%
2024 · €54,881
Total assets
€128,200▼ 32.0%
2024 · €188,616
Net result
-€16,733
2024 · €1,729
Working capital
-€4,765
2024 · €9,449
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€86,756▲ 95,069%€57,560▼ 33.7%€89,128▲ 54.8%€88,980▼ 0.2%€53,246▼ 40.2%
Net result€22,808within the sector's middle half▲ 6,811%-€10,219below the sector's middle half€20,417above the sector's middle half€1,729within the sector's middle half▼ 91.5%-€16,733below the sector's middle half
Equity€36,277within the sector's middle half▲ 169%€26,059within the sector's middle half▼ 28.2%€46,475within the sector's middle half▲ 78.3%€54,881within the sector's middle half▲ 18.1%€37,406within the sector's middle half▼ 31.8%
Total assets€155,610within the sector's middle half▲ 43.9%€179,061within the sector's middle half▲ 15.1%€186,975within the sector's middle half▲ 4.4%€188,616within the sector's middle half▲ 0.9%€128,200within the sector's middle half▼ 32.0%
Debt€119,333▲ 26.1%€153,002▲ 28.2%€140,500▼ 8.2%€133,735▼ 4.8%€90,794▼ 32.1%
Working capital€12,529within the sector's middle half-€10,595within the sector's middle half-€6,405within the sector's middle half▲ 39.6%€9,449within the sector's middle half-€4,765within the sector's middle half
Solvency23.3%within the sector's middle half▲ 10.9pp14.6%within the sector's middle half▼ 8.8pp24.9%within the sector's middle half▲ 10.3pp29.1%within the sector's middle half▲ 4.2pp29.2%within the sector's middle half▲ 0.1pp
Current ratio1.11within the sector's middle half▲ 0.300.92within the sector's middle half▼ 0.190.95within the sector's middle half▲ 0.031.08within the sector's middle half▲ 0.130.95within the sector's middle half▼ 0.13
Return on assets (ROA)14.7%within the sector's middle half▲ 14.4pp-5.7%within the sector's middle half▼ 20.4pp10.9%within the sector's middle half▲ 16.6pp0.9%within the sector's middle half▼ 10.0pp-13.1%below the sector's middle half▼ 14.0pp
Staff (FTE)9.6▲ 26.3%15.9▲ 65.6%18▲ 13.2%17.8▼ 1.1%17.7▼ 0.6%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 40% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128,200
Fixed assets
€43,464 ▼ 20.3%
Current assets
€84,736 ▼ 36.8%
Equity and liabilities €128,200
Equity
€37,406 ▼ 31.8%
Debt
€90,794 ▼ 32.1%
Debt's share of the balance-sheet total falls from 70.9% to 70.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€64,796▼
2024 · €100,675
Cash flow
-€5,183▼
2024 · €13,424
Quick ratio
0.87▼
2024 · 1.02
Debt to equity
2.43▼
2024 · 2.44
ROE
-44.7%▼
2024 · 3.1%
Interest coverage
0.90▼
2024 · 1.18
Debt ≤ 1 year
€89,501▼
2024 · €124,646
Debt > 1 year
€1,294▼
2024 · €6,342
Income taxes
€0▼
2024 · €2,869
Staff costs
€419,056▲
2024 · €410,117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 180 companies that looked in July 2024 the way this one looks now, 5.6% went bankrupt within 24 months and 91% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
5.6%
went bankrupt
2.8%
stopped otherwise
91%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 180 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €316,607 | €394,215 | €410,117 | €419,056 | ▲ 2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,085 | €11,262 | €13,255 | €11,695 | €11,550 | ▼ 1.2% |
| Other operating charges640/8 | - | €1,772 | €2,270 | €758 | €2,781 | ▲ 267% |
| Gross operating margin9900 | €254,319 | €387,201 | €498,868 | €511,550 | €486,633 | ▼ 4.9% |
| Operating profit (loss)9901 | €86,756 | €57,560 | €89,128 | €88,980 | €53,246 | ▼ 40.2% |
| Financial income75/76B | - | €2 | €73 | €945 | €1,771 | ▲ 87.4% |
| Recurring financial income75 | €20,496 | €2 | €73 | €945 | €1,771 | ▲ 87.4% |
| Financial charges65/66B | - | €67,781 | €66,605 | €85,327 | €71,750 | ▼ 15.9% |
| Recurring financial charges65 | €84,445 | €67,781 | €66,605 | €85,327 | €71,750 | ▼ 15.9% |
| Profit (loss) for the period before taxes9903 | €22,808 | -€10,219 | €22,597 | €4,598 | -€16,733 | ▼ 464% |
| Income taxes67/77 | - | - | €2,180 | €2,869 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €22,808 | -€10,219 | €20,417 | €1,729 | -€16,733 | ▼ 1,068% |
| Profit (loss) for the period to be appropriated9905 | €22,808 | -€10,219 | €20,417 | €1,729 | -€16,733 | ▼ 1,068% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155,610 | €179,061 | €186,975 | €188,616 | €128,200 | ▼ 32.0% |
| Fixed assets21/28 | €32,496 | €54,537 | €63,348 | €54,521 | €43,464 | ▼ 20.3% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €31,482 | €53,524 | €62,335 | €53,508 | €42,451 | ▼ 20.7% |
| Plant, machinery and equipment23 | - | €10,057 | €5,846 | €5,827 | €11,300 | ▲ 93.9% |
| Furniture and vehicles24 | - | €18,767 | €15,077 | €11,376 | €6,936 | ▼ 39.0% |
| Leasing and similar rights25 | - | €11,370 | €9,907 | €8,444 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €13,330 | €31,505 | €27,861 | €24,216 | ▼ 13.1% |
| Financial fixed assets28 | €1,013 | €1,013 | €1,013 | €1,013 | €1,013 | = |
| Current assets29/58 | €123,114 | €124,524 | €123,628 | €134,095 | €84,736 | ▼ 36.8% |
| Stocks and contracts in progress3 | €13,112 | €11,418 | €6,853 | €7,205 | €6,727 | ▼ 6.6% |
| Stocks30/36 | - | €11,418 | €6,853 | €7,205 | €6,727 | ▼ 6.6% |
| Amounts receivable within one year40/41 | €32,941 | €12,448 | €11,287 | €25,023 | €1,135 | ▼ 95.5% |
| Trade receivables40 | - | €9,273 | €10,452 | €23,233 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €3,175 | €835 | €1,790 | €1,135 | ▼ 36.6% |
| Current investments50/53 | - | - | €30,083 | €30,083 | €30,464 | ▲ 1.3% |
| Cash at bank and in hand54/58 | €76,091 | €99,813 | €74,704 | €70,469 | €46,409 | ▼ 34.1% |
| Deferred charges and accrued income490/1 | - | €844 | €700 | €1,315 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155,610 | €179,061 | €186,975 | €188,616 | €128,200 | ▼ 32.0% |
| Equity10/15 | €36,277 | €26,059 | €46,475 | €54,881 | €37,406 | ▼ 31.8% |
| Contributions10/11 | - | €18,779 | €18,779 | €18,779 | €18,779 | = |
| Profit (loss) carried forward14 | €17,499 | €7,280 | €27,697 | €29,425 | €12,692 | ▼ 56.9% |
| Investment grants15 | - | - | - | €6,677 | €5,935 | ▼ 11.1% |
| Amounts payable17/49 | €119,333 | €153,002 | €140,500 | €133,735 | €90,794 | ▼ 32.1% |
| Amounts payable after more than one year17 | €8,748 | €17,536 | €10,120 | €6,342 | €1,294 | ▼ 79.6% |
| Financial debts170/4 | - | €17,536 | €10,120 | €6,342 | €1,294 | ▼ 79.6% |
| Amounts payable within one year42/48 | €110,585 | €135,119 | €130,032 | €124,646 | €89,501 | ▼ 28.2% |
| Current portion of amounts payable after more than one year42 | - | €13,772 | €17,119 | €17,557 | €14,879 | ▼ 15.3% |
| Trade debts44 | €71,677 | €84,050 | €67,620 | €53,112 | €35,800 | ▼ 32.6% |
| Suppliers440/4 | - | €84,050 | €67,620 | €53,112 | €35,800 | ▼ 32.6% |
| Taxes, remuneration and social security45 | - | €30,730 | €45,292 | €51,747 | €36,593 | ▼ 29.3% |
| Taxes450/3 | - | €1,705 | €8,808 | €13,512 | €5,374 | ▼ 60.2% |
| Remuneration and social security454/9 | - | €29,025 | €36,485 | €38,235 | €31,218 | ▼ 18.4% |
| Other amounts payable47/48 | - | €6,567 | €0 | €2,229 | €2,229 | = |
| Accrued charges and deferred income492/3 | - | €348 | €348 | €2,748 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,808 | -€10,219 | €20,417 | €1,729 | -€16,733 | ▼ 1,068% |
| + Depreciation and write-downs630 | €11,085 | €11,262 | €13,255 | €11,695 | €11,550 | ▼ 1.2% |
| Operating cash flow (approximation) | €33,893 | €1,043 | €33,671 | €13,424 | -€5,183 | ▼ 139% |
| Investment in fixed assets (approximation) | - | -€33,303 | -€22,065 | -€2,869 | -€493 | ▲ 82.8% |
| Change in cash | - | €23,722 | -€25,110 | -€4,234 | -€24,060 | ▼ 468% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet -€16,733
Net result drops to -€16,733, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
30-09
Financial
Back to profitnet €20,417
Net result €20,417 after one loss-making year.
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €22,808 ▲6,811%
Net result €22,808, the highest in the series.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €330
Net result €330 after 2 loss-making years.
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Etterbeek · 1 establishment unit since 2016
Ground area
278 m²
Building footprint
277 m²
Volume, LiDAR
4,042 m³
Parcel 21005A0069/00F002, Brussels · tallest building 20.9 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LUWPAT
since 20162.253.103.825
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0069/00F002 | Brussels | 278 m² | 1 · 277 m² | 20.9 m · 5 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.
Structure & network
Owners and holdings
1 ownerChain of control
- BCFDA
- LUWPAT
Highest known parent: BCFDA. The sources do not say who stands above it.
Owners 1
- BCFDAparentSourceaccounts BCFDA 202598%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEtterbeek2.253.103.825
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 9,661 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-05-2016
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0653844633
Also
9925:BE0653844633
Registered
06-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.