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SA L'EXPRESSO

Active
Public limited companyfounded 1991active for 35 yearsRue du Sablon 39, 6600 Bastogne, BelgiumKBO/BCE: BE 0442.773.722
Summary

SA L'EXPRESSO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €270,217 and a net result of €9,113. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 95% of 2,087 sector peers (NACE 10, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Artisanal bread and fresh pastry making
NACE 10712
1 site
Size
€298,603total assets 2024
Staff
1.3 FTE
Equity
€270,217
Profit
€9,113
Turnover not published (micro format)
Financial health
88 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 70 days overdue0 of 3 deeds read
Why 88raises riskFigures for financial year 2024 (filed 02-10-2025)lowers riskFounded in 1991Liquidity: current ratio 9.73, cash €89,324Equity €270,217 (90.5% of total assets)Show the evidence

Checked score

Score 2024
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 10, micro)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 90.5% of total assets
Liquidity 87=
short-term debt 9.5% · cash 29.9%
Profitability 73+60
return on assets 3.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,071 companies, NACE 10, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points 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: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity ample (current ratio 9.73, compared with 8.75 in 2023; short-term debt: 9.5% and cash: 29.9% of total assets), and 9.5% of the assets are financed with debt.
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 10, micro): better than 93% on solvency, 89% on liquidity, 51% on profitability and 45% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1991
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 9.73, cash €89,324
NBB · annual accounts
lowers risk · Equity €270,217 (90.5% of total assets)
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 02-10-2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 days late
2023
30 days late
2022
3 days late
2021
26 days late
2020
26 days late
2019
76 days late
← 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 37 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €9,113
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Among the best 5% on solvencysector median 30.8% · 2,087 companies 90.5% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Active since 1991founded 11-01-1991 35 years View

By topic

Financials

Financial year
2024
Total assets
€298,603
Profit
€9,113
Solvency
90.5%
Total assets▼ 0.8%
Net result
20182024
Go to Financials

Timeline

Events
37
Since
1992
  1. 31-12-2023Liquidity more than triples
  2. 03-08-2023Annual accounts filed
  3. 26-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Artisanal bread and fresh pastry makingNACE 10712
Founded
11-01-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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