LV166
ActiveThe computed 12-month bankruptcy probability of LV166 is 1.8% (moderate). The 2024 annual accounts show equity of €31k and a net result of €23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 2935 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-11
Solvency37▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.93 against 0.97 in 2023; short-term debt: 87.5% and cash: 66.7% of total assets), and 87.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 56
higher
← 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 2024Solvency, return and age of the figures
Solvency
12.5%
Return on assets
9.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-01-2026, 162 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
162 d late
2023
149 d late
2022
114 d late
2021
156 d late
2020
108 d late
2019
110 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€31k▲ 276%
2023 · €8k
2018: €-26k
2019: €-32k
2020: €-39k
2021: €-44k
2022: €-23k
2023: €8k
2018 → 2024
Total assets
€249k▲ 38.1%
2023 · €180k
2018: €24k
2019: €30k
2020: €34k
2021: €56k
2022: €117k
2023: €180k
2018 → 2024
Net result
€23k▼ 28.1%
2023 · €32k
2018: €-17k
2019: €-6k
2020: €-7k
2021: €-6k
2022: €21k
2023: €32k
2018 → 2024
Working capital
€-15k▼ 171%
2023 · €-6k
2018: €-27k
2019: €-31k
2020: €-39k
2021: €-46k
2022: €-33k
2023: €-6k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-39k-€-44k▼ 14.4%€-23k▲ 47.2%€8k€31k▲ 276%
Operating result€1k-€-4k€23k€36k▲ 57.0%€33k▼ 9.0%
Net result€-7k-€-6k▲ 22.7%€21k€32k▲ 51.0%€23k▼ 28.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €249k
Fixed assets
€46k▲ 193%
Current assets
€203k▲ 23.3%
Equity and liabilities €249k
Equity
€31k▲ 276%
Debt
€218k▲ 26.7%
The debt ratio falls from 95.4% to 87.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▲
2023 · €38k
Cash flow
€31k▼
2023 · €34k
Solvency
12.5%▲
2023 · 4.6%
Current ratio
0.93▼
2023 · 0.97
Quick ratio
0.92▼
2023 · 0.95
Debt / equity
7.01▼
2023 · 20.79
ROE
73.4%▼
2023 · 383.3%
ROA
9.2%▼
2023 · 17.6%
Interest coverage
12.07▼
2023 · 12.68
Debt
€218k▲
2023 · €172k
Debt ≤ 1 year
€218k▲
2023 · €170k
Income taxes
€8k▲
2023 · €2k
Staff costs
€12k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€180k€249k▲
Fixed assets21/28€16k€46k▲
Tangible fixed assets22/27€16k€46k▲
Plant, machinery and equipment23€8k€38k▲
Furniture and vehicles24-€1k
Other tangible fixed assets26€8k€7k▼
Current assets29/58€165k€203k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€22k€32k▲
Trade receivables40€6k€2k▼
Other amounts receivable41€17k€30k▲
Cash at bank and in hand54/58€138k€166k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€180k€249k▲
Equity10/15€8k€31k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-10k€13k▲
Amounts payable17/49€172k€218k▲
Amounts payable within one year42/48€170k€218k▲
Trade debts44€66k€34k▼
Suppliers440/4€66k€34k▼
Taxes, remuneration and social security45€6k€20k▲
Taxes450/3€5k€16k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€98k€164k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€4k€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€919€937▲
Gross operating margin9900€43k€54k▲
Operating profit (loss)9901€36k€33k▼
Financial income75/76B€637€1k▲
Recurring financial income75€637€1k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€34k€31k▼
Income taxes67/77€2k€8k▲
Profit (loss) for the period9904€32k€23k▼
Profit (loss) for the period to be appropriated9905€32k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€13k▲
Profit (loss) brought forward from the previous period14P€-42k€-10k▲
Social balance
Average headcount (FTE)90870.10.1=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 162 days late
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 149 days late
2023
31-12
Financial
Highest result since 2018net €32k ▲51%
Operating result €36k, net result €32k, both a record.
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 114 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 156 days late
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after 4 loss-making years.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 108 days late
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 110 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 97 days late
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 352 days late
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 717 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Mol · 1 establishment unit since 2014
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.
Sluis 1662400 MolGround area
903 m²
Building footprint
205 m²
Volume, LiDAR
759 m³
Parcel 13432B0590/00E000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
't Voske
since 20142.233.837.843
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13432B0590/00E000 | Flanders | 903 m² | 1 · 205 m² | 8.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMol2.233.837.843
Similar companies · same sector, comparable size
Café De Max
BE 0758.967.293
Herentals · Eq €31k
LES DELICES DE MON AFRIQUE
BE 0700.576.560
Tournai · Eq €31k
M.P.
BE 0434.735.885
Sambreville · Eq €31k
MW Horeca
BE 0873.510.932
Leuven · Eq €31k
MIELA
BE 1008.253.929
Oostkamp · Eq €31k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 4,113 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2014
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.