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THE LADS

Active
Private limited companyfounded 2016active for 10 yearsVier-Windenstraat 109, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0663.922.438
Summary

The computed 12-month bankruptcy probability of THE LADS is 1.9% (moderate). The 2025 annual accounts show equity of €79,966 and a net result of €75,001. Equity has been growing by about 89% per year since 2018. Its solvency ranks better than 44% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-10-2016 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.257.215.734 1080 Sint-Jans-Molenbeek, since 11-10-2016
Financial year end
31 December
Peppol
Reachable since 07-11-2025

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
€133,260
▲ 4.8%
Turnover
≈ €410,000
estimated
Profit
€75,001
▲ 33.8%
Equity
€79,966
▼ 61.0%
Total assets
€349,167
▲ 18.8%
Staff
0.5 FTE
▼ 58.3%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 3 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)Size: total assets €349,167Equity €79,966 (22.9% of total assets)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 40% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 48-47
equity 22.9% of total assets
Liquidity 26-27
short-term debt 77.1% · cash 14.0%
Profitability 96+3
return on assets 21.5%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.6%▼ -0.1 percentage points vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.5%▼ -0.1 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025lowest value 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.5 percentage points vs 07-2025 09-2025: 2.5%▲ +0.5 percentage points vs 08-2025 10-2025: 4.1%▲ +1.6 percentage points vs 09-2025highest value 11-2025: 2.0%▼ -2.1 percentage points vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 1.9%▼ -0.1 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.8%▼ -0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.3 percentage points vs 07-2026 09-2026: 1.9%▼ -0.2 percentage points vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026 11-2026: 1.9%● unchanged vs 10-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (3.13 in 2024), below the usual 1.5. Short-term debt is 77.1% and cash 14% of total assets. 77.1% of the assets are financed with debt and provisions.
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, micro). It does better than 44% of them on solvency, 21% on liquidity, 83% on profitability and 12% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €349,167
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €79,966 (22.9% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
31 days late
2024
68 days late
2023
60 days late
2022
182 days late
2021
104 days late
2020
104 days late
2019
32 days early
← 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 74 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 October (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €204,988 to €79,966 ▼ 61.0% View
  • Positive: Higher net result than 93% of companies in food and beverage servicesector median €4,886 · 16,974 companies €75,001 View
  • Positive: 8 profitable years in a rowprofit 2025: €75,001 8 years View

Recent changes

  1. · Gazette deed Change of role: FERRACUTI Marco, from manager to director
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as THE LADS: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €319,000 and €378,000, founded between 2016 and 2017.

CompanyTotal assetsGross margin
THE LADS Sint-Jans-Molenbeek€349,167€133,260
BCK FOOD Vorst€347,228€134,761
TRA Brussel€341,857€143,214
Jumarell Hamont-Achel€357,066€138,790
FRITASTIQUE Charleroi€378,476€129,877
SO FRESH FOOD Ciney€318,675€127,300
SEERDEN David Sint-Niklaas€348,445€119,889
Full comparison

Key facts about THE LADS

What is the company number of THE LADS?
The company number of THE LADS is 0663.922.438. The VAT number is the same number with BE in front: BE 0663.922.438.
Where is THE LADS based?
The registered office is at Vier-Windenstraat 109, 1080 Sint-Jans-Molenbeek.Company details
What does THE LADS do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of THE LADS?
The legal form of THE LADS is Private limited company (BV).
When was THE LADS founded?
THE LADS was founded on 06-10-2016.
Is THE LADS still active?
Yes, THE LADS is an active enterprise in the KBO register.
How many employees does THE LADS have?
THE LADS had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does THE LADS fall under?
In its 2025 annual accounts, THE LADS states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of THE LADS?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €133,260 and 83 comparable companies (NACE 56112). It probably lies between €310,000 and €500,000.
Is THE LADS profitable?
In financial year 2025, THE LADS made a profit of €75,001.
Where can I find the annual accounts of THE LADS?
THE LADS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THE LADS due?
THE LADS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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