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THE LORD

Active
Private limited company (pre-2019)founded 201610 yrs activePrinses Clementinalaan 187, 9000 Gent, BelgiumKBO/BCE: BE 0652.986.281
Summary

The computed 12-month bankruptcy probability of THE LORD is 9.7% (elevated). For THE LORD, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €105,015 and a net result of -€9,444. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 69% of 17991 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€209,615total assets 2023
Equity
€105,015
Loss
-€9,444
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
9.7%
2023 figures too old to score
Structure
Accounts 702 d overdue0 of 7 deeds read
Signals- Figures for FY 2023 (filed 20-10-2023)- 2 financial years not filed after the legal deadline; 2 of the last 3 late- Size: total assets €209,615- Sector Food and beverage service activities (NACE 56)- Two or more financial years not filed- Administrative warnings in the KBO publicationsLatest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2021
Weak
Solvency 75-24
equity 50.1% of total assets
Liquidity 29-15
short-term debt 49.9% · cash 3.5%
Profitability 26+26
return on assets -4.5%
Bankruptcy probability, 12 months
9.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,449 companies)
Last 24 months 11-2024: 3.1%lowest value 12-2024: 3.6%▲ +15.9% vs 11-2024 01-2025: 5.4%▲ +50.8% vs 12-2024 02-2025: 5.6%▲ +3.3% vs 01-2025 03-2025: 6.2%▲ +11.1% vs 02-2025 04-2025: 7.8%▲ +26.4% vs 03-2025 05-2025: 7.8%● 0.0% vs 04-2025 06-2025: 8.1%▲ +3.2% vs 05-2025 07-2025: 7.5%▼ -7.6% vs 06-2025 08-2025: 7.5%● 0.0% vs 07-2025 09-2025: 7.3%▼ -2.1% vs 08-2025 10-2025: 7.3%● 0.0% vs 09-2025 11-2025: 9.9%▲ +35.9% vs 10-2025highest value 12-2025: 9.9%● 0.0% vs 11-2025highest value 01-2026: 9.9%● 0.0% vs 12-2025highest value 02-2026: 9.9%● 0.0% vs 01-2026highest value 03-2026: 9.9%● 0.0% vs 02-2026highest value 04-2026: 9.9%● 0.0% vs 03-2026highest value 05-2026: 9.9%● 0.0% vs 04-2026highest value 06-2026: 9.8%▼ -1.4% vs 05-2026 07-2026: 9.8%▲ +0.5% vs 06-2026 08-2026: 9.8%● 0.0% vs 07-2026 09-2026: 9.8%● 0.0% vs 08-2026 10-2026: 9.7%▼ -1.8% vs 09-2026
  • Figures for FY 2023 (filed 20-10-2023) raises the probability
  • 2 financial years not filed after the legal deadline; 2 of the last 3 late raises the probability
  • Size: total assets €209,615 raises the probability for this profile
  • Sector Food and beverage service activities (NACE 56) raises the probability
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Figures for FY 2023 (filed 20-10-2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Size: total assets €209,615
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-03-2024 close31-10-2024 deadline03-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 18-10-2023, 13 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
13 d early
2021
120 d late
2020
186 d late
2019
552 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 211 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Strikeout withdrawalevent 28-02-2022
  3. Annual accounts filedfiscal year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-10-2024 702 d late View
  • Positive: Among the best 20% on equitysector median €25,339 · 18,024 companies €105,015 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2023 -€9,444 View

By topic

Financials

Fiscal year
2023
Total assets
€209,615
Loss
-€9,444
Solvency
50.1%
Total assets▲ 48.0%
Net result
20192023
Go to Financials

Timeline

Events
9
Since
2020
  1. 18-10-2023Annual accounts filed
  2. 18-03-2022Strikeout withdrawal
  3. 28-02-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
29-04-2016
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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