LW
ActiveSummary
The computed 12-month bankruptcy probability of LW is 2.2% (moderate). The 2024 annual accounts show equity of €54,087 and a net result of €36,537. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 18930 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+14
Solvency65▲+14
Growth62=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.02 in 2023; short-term debt: 48.6% and cash: 50.3% of total assets), and 60.2% of the assets are financed with debt.
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Signals
Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
39.8%
Return on assets
26.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
30 d late
2022
24 d early
2021
46 d early
2020
52 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€217,431▲ 51.4%
2020 · €143,643
EBIT margin
19.2%▲ 45.0pp
2020 · -25.7%
Net result
€36,537▲ 75.2%
2023 · €20,859
Working capital
€21,377▲ 1,355%
2023 · €1,469
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
Line20202021202220232024
Turnover€143,643▼ 51.7%€217,431▲ 51.4%
Operating result-€36,983€41,828€13,728▼ 67.2%€24,019▲ 75.0%€46,989▲ 95.6%
Net result-€38,403below the sector's middle half€35,620above the sector's middle half€11,224within the sector's middle half▼ 68.5%€20,859above the sector's middle half▲ 85.8%€36,537above the sector's middle half▲ 75.2%
EBIT margin-25.7%▼ 32.8pp19.2%▲ 45.0pp
Equity€2,676within the sector's middle half▼ 93.5%€38,296within the sector's middle half▲ 1,331%€42,377within the sector's middle half▲ 10.7%€38,950within the sector's middle half▼ 8.1%€54,087within the sector's middle half▲ 38.9%
Total assets€94,162within the sector's middle half▼ 21.5%€107,040within the sector's middle half▲ 13.7%€169,427within the sector's middle half▲ 58.3%€152,501within the sector's middle half▼ 10.0%€135,850within the sector's middle half▼ 10.9%
Debt€91,486▲ 16.1%€68,744▼ 24.9%€127,050▲ 84.8%€113,551▼ 10.6%€81,763▼ 28.0%
Working capital-€46,922▼ 18.1%-€5,636▲ 88.0%€14,190€1,469▼ 89.6%€21,377▲ 1,355%
Solvency2.8%within the sector's middle half▼ 31.4pp35.8%within the sector's middle half▲ 32.9pp25.0%within the sector's middle half▼ 10.8pp25.5%within the sector's middle half▲ 0.5pp39.8%within the sector's middle half▲ 14.3pp
Staff (FTE)1.1within the sector's middle half▲ 10.0%1.4▲ 27.3%1.7▲ 21.4%1.7=
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
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 96% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €135,850
Fixed assets
€48,417 ▼ 29.3%
Current assets
€87,433 ▲ 4.0%
Equity and liabilities €135,850
Equity
€54,087 ▲ 38.9%
Debt
€81,763 ▼ 28.0%
Debt's share of the balance-sheet total falls from 74.5% to 60.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69,662▲
2023 · €45,737
Cash flow
€59,210▲
2023 · €42,577
Current ratio
1.32▲
2023 · 1.02
Quick ratio
1.31▲
2023 · 1.01
Debt to equity
1.51▼
2023 · 2.92
ROE
67.6%▲
2023 · 53.6%
ROA
26.9%▲
2023 · 13.7%
Interest coverage
25.50▲
2023 · 14.33
Debt ≤ 1 year
€66,056▼
2023 · €82,575
Debt > 1 year
€15,707▼
2023 · €30,976
Income taxes
€7,721
Staff costs
€290▼
2023 · €468
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 26,964 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €143,643 | €217,431 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €131,702 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €26,751 | €44,672 | €468 | €290 | ▼ 37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,422 | €16,383 | €15,501 | €21,718 | €22,673 | ▲ 4.4% |
| Other operating charges640/8 | - | €767 | €823 | €1,265 | €1,385 | ▲ 9.5% |
| Gross operating margin9900 | €1,875 | €85,728 | €74,723 | €47,470 | €71,337 | ▲ 50.3% |
| Operating profit (loss)9901 | -€36,983 | €41,828 | €13,728 | €24,019 | €46,989 | ▲ 95.6% |
| Financial income75/76B | - | €5 | €0 | €31 | €2 | ▼ 95.2% |
| Recurring financial income75 | €299 | €5 | €0 | €31 | €2 | ▼ 95.2% |
| Financial charges65/66B | - | €1,882 | €2,504 | €3,191 | €2,732 | ▼ 14.4% |
| Recurring financial charges65 | €1,719 | €1,882 | €2,504 | €3,191 | €2,732 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | -€38,403 | €39,951 | €11,224 | €20,859 | €44,258 | ▲ 112% |
| Income taxes67/77 | - | €4,331 | - | - | €7,721 | - |
| Profit (loss) for the period9904 | -€38,403 | €35,620 | €11,224 | €20,859 | €36,537 | ▲ 75.2% |
| Profit (loss) for the period to be appropriated9905 | -€38,403 | €35,620 | €11,224 | €20,859 | €36,537 | ▲ 75.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,162 | €107,040 | €169,427 | €152,501 | €135,850 | ▼ 10.9% |
| Fixed assets21/28 | €88,307 | €72,067 | €77,401 | €68,457 | €48,417 | ▼ 29.3% |
| Intangible fixed assets21 | €58,000 | €50,000 | €42,000 | €34,000 | €26,000 | ▼ 23.5% |
| Tangible fixed assets22/27 | €30,307 | €22,067 | €32,401 | €34,457 | €22,417 | ▼ 34.9% |
| Land and buildings22 | - | €1,459 | €16,829 | €16,291 | €11,787 | ▼ 27.6% |
| Plant, machinery and equipment23 | - | €130 | €332 | €199 | €2,576 | ▲ 1,198% |
| Furniture and vehicles24 | - | €2,206 | €2,195 | €10,149 | €5,462 | ▼ 46.2% |
| Leasing and similar rights25 | - | €18,272 | €13,045 | €7,818 | €2,592 | ▼ 66.8% |
| Financial fixed assets28 | - | - | €3,000 | - | - | - |
| Current assets29/58 | €5,855 | €34,973 | €92,026 | €84,044 | €87,433 | ▲ 4.0% |
| Stocks and contracts in progress3 | €1,100 | €1,150 | €1,050 | €550 | €998 | ▲ 81.5% |
| Stocks30/36 | - | €1,150 | €1,050 | €550 | €998 | ▲ 81.5% |
| Amounts receivable within one year40/41 | €1,058 | €9,714 | €20,642 | €25,816 | €15,623 | ▼ 39.5% |
| Trade receivables40 | - | €9,714 | €20,642 | €25,816 | €15,345 | ▼ 40.6% |
| Other amounts receivable41 | - | - | - | - | €279 | - |
| Cash at bank and in hand54/58 | €3,696 | €22,513 | €68,203 | €57,628 | €68,398 | ▲ 18.7% |
| Deferred charges and accrued income490/1 | - | €1,596 | €2,130 | €50 | €2,413 | ▲ 4,758% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,162 | €107,040 | €169,427 | €152,501 | €135,850 | ▼ 10.9% |
| Equity10/15 | €2,676 | €38,296 | €42,377 | €38,950 | €54,087 | ▲ 38.9% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €18,600 | ▲ 86.0% |
| Reserves13 | €794 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€8,118 | €26,436 | €30,517 | €27,090 | €33,627 | ▲ 24.1% |
| Amounts payable17/49 | €91,486 | €68,744 | €127,050 | €113,551 | €81,763 | ▼ 28.0% |
| Amounts payable after more than one year17 | €38,710 | €28,135 | €49,215 | €30,976 | €15,707 | ▼ 49.3% |
| Financial debts170/4 | - | €28,135 | €49,215 | €30,976 | €15,707 | ▼ 49.3% |
| Amounts payable within one year42/48 | €52,776 | €40,609 | €77,835 | €82,575 | €66,056 | ▼ 20.0% |
| Current portion of amounts payable after more than one year42 | - | €10,189 | €17,725 | €18,238 | €15,269 | ▼ 16.3% |
| Trade debts44 | €2,212 | €4,920 | €28,331 | €24,652 | €11,556 | ▼ 53.1% |
| Suppliers440/4 | - | €4,920 | €28,331 | €24,652 | €11,556 | ▼ 53.1% |
| Taxes, remuneration and social security45 | - | €8,373 | €13,140 | €12,610 | €11,072 | ▼ 12.2% |
| Taxes450/3 | - | €5,635 | €6,964 | €12,559 | €5,777 | ▼ 54.0% |
| Remuneration and social security454/9 | - | €2,738 | €6,176 | €52 | €5,295 | ▲ 10,162% |
| Other amounts payable47/48 | - | €17,126 | €18,639 | €27,074 | €28,158 | ▲ 4.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€38,403 | €35,620 | €11,224 | €20,859 | €36,537 | ▲ 75.2% |
| + Depreciation and write-downs630 | €17,422 | €16,383 | €15,501 | €21,718 | €22,673 | ▲ 4.4% |
| Operating cash flow (approximation) | -€20,982 | €52,003 | €26,725 | €42,577 | €59,210 | ▲ 39.1% |
| Investment in fixed assets (approximation) | - | -€142 | -€20,835 | -€12,774 | -€2,633 | ▲ 79.4% |
| Change in cash | - | €18,816 | €45,690 | -€10,575 | €10,770 | ▲ 202% |
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
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €36,537 ▲75.2%
Operating result €46,989, net result €36,537, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €35,620
Net result €35,620 after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€38,403
Net result drops to -€38,403, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Perwez · 1 establishment unit since 2018
Ground area
3,139 m²
Building footprint
328 m²
Volume, LiDAR
1,359 m³
2 parcels, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LE BISTRONOME
since 20182.276.779.050
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92123C0538/00A000 | Wallonia | 1,895 m² | 1 · 208 m² | 9.4 m · 2 fl. |
| 25081A0562/00P000 | Wallonia | 1,244 m² | 1 · 119 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 siteNamur2.276.779.050
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,454. 9,853 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
Founded12-06-2018
Fiscal year end31-12
Trade name FR
Le Bi’Stronome
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0697837497
Registered
31-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.