Losses
-€87,498 in two years
The 2025 and 2026 financial years closed with a loss. 2026 was the heaviest.
LVP-STABLES
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1998peak €5.4m (2020)
€433,753▼ 9.1%
lowest -€95,565 (2023)
-€63,172▼ €38,845
peak €4.3m (2022)
€4.1m▼ 1.5%
€4.8m▼ 3.8%
peak 1.6 FTE (2020)
-not published
Board2 names since 2022
2 directorsVan Puymbroeck Luc and 1 other
Documentsfilings and deeds
02-10-202629 days before the deadline
2026abbreviated format
Loss of €63,172
Key points
from the 2026 annual accountsInvestments
€84,473 0.2 × depreciation
Green is investment, beige is depreciation.
Position in the sector
-€63,172
Lower net result than 90% of companies in food and beverage service. Sector median €8,281 · 163 companies.
Checked score
89
Excellent
Financially stronger than 45% of small companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.1%▼ -0.2 percentage points vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Liquidity: current ratio 5.05, cash €148,916
lowers risk
Size: total assets €9.9m
Founded in 1997
Calculation
The band follows from the bankruptcy probability. 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, small). It does better than 66% of them on solvency, 56% on liquidity, 23% on profitability and 36% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 830 companies had the same profile as LVP-STABLES has now. Each dot stands for 3 companies, two years later.
96.5%
were still trading
2.9%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of LVP-STABLES itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 830 companies, not a prediction for LVP-STABLES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €360,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.05 (4.88 in 2025), above the usual 1.5. Short-term debt is 7.3% and cash 1.5% of total assets. However, 58.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-10-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
29 days early
2025
29 days early
2024
on the day
2023
25 days early
2022
3 days early
2021
2 days early
2020
16 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 6 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
VP
Van Puymbroeck Luc
Director
WK
Willems Kristine
Director
Shares in 1 company, Mc Stables
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0461691096
Founder · Partner
Gazette deed
General meeting · Director resignation
Gazette deed
General meeting · Partner
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LVP-STABLES Ghent | €9.9m | €433,753 | 41.6% | - |
| DEDELCO Ypres | €7.6m | €421,248 | 61.5% | 3.2 |
| Kasteel Ingelmunster Ingelmunster | €11.8m | €502,552 | 85.6% | 0.8 |
| SODIFIN Lier | €9.4m | €216,510 | 44.7% | - |
| KREFAM Pajottegem | €10.4m | €896,986 | 16.6% | - |
| BADIGO Kuurne | €4.9m | €322,422 | 20.3% | 3.9 |
| RASTELLI HOSPITALITY GROUP Lier | €5.9m | €767,910 | 49.1% | 7.3 |
These companies have the same main activity as LVP-STABLES: event catering (NACE 56210). They are comparable in size and age: total assets between €4.9m and €12m, founded between 1978 and 2003.
Official details
Source: KBO- Status
- Active since 16-10-1997Normal situation
- Activity
- Event cateringNACE 56210and 3 others
- Establishment units
- 2.152.319.4399031 Ghent, since 20-03-2006
- 2.281.924.4069930 Lievegem, since 26-11-2018
- Financial year end
- 31 March
- Peppol
- Reachable since 23-12-2025
Annual accounts to 31-03-2026
- ≈ €1.0mestimated
- €9.9m▼ 3.1%
- Filing
- Filed on 02-10-2026, 29 days before the end of the filing period
Insights on LVP-STABLES
LVP-STABLES files the abbreviated format. That format states no turnover. The gross margin rose from €65,663 in 2007 to €433,753 in 2026.
The balance sheet grew most from 2019 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LVP-STABLES
- What is the company number of LVP-STABLES?
- The company number of LVP-STABLES is 0461.691.096. The VAT number is the same number with BE in front: BE 0461.691.096.
- Where is LVP-STABLES based?
- The registered office is at Noordhoutstraat 46, 9031 Ghent.Company details
- What does LVP-STABLES do?
- According to the KBO register, the main activity is event catering (NACE 56210).
- What is the legal form of LVP-STABLES?
- LVP-STABLES is a private limited company (pre-2019) (BVBA).
- When was LVP-STABLES founded?
- LVP-STABLES was founded on 16-10-1997.
- Is LVP-STABLES still active?
- Yes, LVP-STABLES is an active enterprise in the KBO register.
- How many employees does LVP-STABLES have?
- LVP-STABLES had an average of 0.9 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of LVP-STABLES?
- The turnover in financial year 2026 is ≈ €1.0m. This figure is estimated from the gross margin of €433,753 and 82 comparable companies (NACE 56). It probably lies between €950,000 and €1.3m.
- Is LVP-STABLES profitable?
- In financial year 2026, LVP-STABLES made a loss of €63,172.
- Where can I find the annual accounts of LVP-STABLES?
- LVP-STABLES filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of LVP-STABLES due?
- LVP-STABLES must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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