THE LOUNGE

Active

Private limited companyfounded 200718 yrs activeBesmelaan 71, 1190 Vorst, BelgiumKBO/BCE: BE 0893.054.848

THE LOUNGE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €345k and a net result of €-93k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2025

66 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability50▼-5

Solvency88▲+1

Growth32=

Track record100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €22k at 30 days acceptable

Liquidity short (current ratio 0.61 against 0.75 in 2024; short-term debt: 23.5% and cash: 13.5% of total assets), and 37.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 55

Relative position

BE, all sectors

reference

Sector 55

higher

← fewer bankruptcies more bankruptcies →

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year €-93k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

28 d late

2024

14 d early

2023

8 d late

2022

24 d late

2021

29 d late

2020

23 d late

2019

7 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€345k▼ 21.2%

2024 · €438k

2018: €465k 2019: €439k 2020: €422k 2021: €409k 2022: €514k 2023: €515k 2024: €438k

2018 → 2025

Total assets

€550k▼ 22.0%

2024 · €704k

2018: €870k 2019: €834k 2020: €726k 2021: €835k 2022: €754k 2023: €761k 2024: €704k

2018 → 2025

Net result

€-93k▼ 20.4%

2024 · €-77k

2018: €-42k 2019: €-26k 2020: €-17k 2021: €-13k 2022: €105k 2023: €543 2024: €-77k

2018 → 2025

Working capital

€-50k▲ 0.5%

2024 · €-51k

2018: €135k 2019: €138k 2020: €74k 2021: €153k 2022: €-10k 2023: €-24k 2024: €-51k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€409k-€514k▲ 25.7%€515k▲ 0.1%€438k▼ 15.0%€345k▼ 21.2%

Operating result€-37k-€-4k▲ 88.7%€1k€-58k€-33k▲ 42.0%

Net result€-13k-€105k€543▼ 99.5%€-77k€-93k▼ 20.4%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €33k in 2025 against €58k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €550k

85.7%

14.3%

Fixed assets €471k▼ 14.4%

Current assets €79k▼ 49.0%

Equity and liabilities €550k

62.8%

37.2%

Equity €345k▼ 21.2%

Debt €205k▼ 23.2%

The debt ratio falls from 37.9% to 37.2%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€69k▲

2024 · €40k

Cash flow

€9k▼

2024 · €21k

Solvency

62.8%▲

2024 · 62.1%

Current ratio

0.61▼

2024 · 0.75

Quick ratio

0.59▼

2024 · 0.74

Debt / equity

0.59▼

2024 · 0.61

ROE

-26.9%▼

2024 · -17.6%

ROA

-16.9%▼

2024 · -10.9%

Interest coverage

16.34▲

2024 · 8.36

Debt

€205k▼

2024 · €267k

Debt ≤ 1 year

€129k▼

2024 · €205k

Income taxes

€-12▼

2024 · €15

Staff costs

€295k▲

2024 · €277k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€704k€550k▼

Fixed assets21/28€551k€471k▼

Tangible fixed assets22/27€549k€470k▼

Land and buildings22€253k€237k▼

Plant, machinery and equipment23€296k€232k▼

Financial fixed assets28€2k€1k▼

Current assets29/58€154k€79k▼

Stocks and contracts in progress3€2k€2k▲

Stocks30/36€2k€2k▲

Amounts receivable within one year40/41€12k€2k▼

Trade receivables40€11k€2k▼

Other amounts receivable41€453€138▼

Cash at bank and in hand54/58€112k€74k▼

Deferred charges and accrued income490/1€29k-

Equity and liabilities

Total equity and liabilities10/49€704k€550k▼

Equity10/15€438k€345k▼

Contributions10/11€249k€249k=

Revaluation surpluses12€251k€236k▼

Reserves13€220k€236k▲

Distributable reserves133€220k€236k▲

Profit (loss) carried forward14€-283k€-376k▼

Amounts payable17/49€267k€205k▼

Amounts payable within one year42/48€205k€129k▼

Trade debts44€80k€92k▲

Suppliers440/4€80k€92k▲

Taxes, remuneration and social security45€40k€30k▼

Taxes450/3€14k-

Remuneration and social security454/9€27k€30k▲

Other amounts payable47/48€84k€6k▼

Accrued charges and deferred income492/3€62k€76k▲

Income statement Code20242025

Remuneration, social security and pensions62€277k€295k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€102k▲

Other operating charges640/8€67k€52k▼

Gross operating margin9900€384k€416k▲

Operating profit (loss)9901€-58k€-33k▲

Financial income75/76B€146€230▲

Recurring financial income75€146€230▲

Financial charges65/66B€20k€60k▲

Recurring financial charges65€5k€4k▼

Non-recurring financial charges66B€15k€55k▲

Profit (loss) for the period before taxes9903€-77k€-93k▼

Income taxes67/77€15€-12▼

Profit (loss) for the period9904€-77k€-93k▼

Profit (loss) for the period to be appropriated9905€-77k€-93k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-283k€-376k▼

Profit (loss) brought forward from the previous period14P€-206k€-283k▼

Social balance

Average headcount (FTE)90874.4-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 28 days late

2025

31-12

Financial Weakest financial yearnet €-93k

Net result drops to €-93k, the lowest in the series.

17-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

08-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 8 days late

2023

24-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 24 days late

2022

31-12

Financial Back to profitnet €105k

Net result €105k after 4 loss-making years.

31-12

Financial Equity above €500kEq €514k ▲25.7%

Equity rises from €409k to €514k.

29-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 29 days late

2021

23-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 23 days late

2020

24-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

20-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 20 days late

2018

31-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

22-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 22 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2020

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

25-08-2020 Geert Bogaert: Resigned as Director

13-05-2016 Brigitte Adriaesens: Resigned as Director

13-05-2016 Paul De Meyer: Resigned as Director

Location & real-estate footprint

Registered office, Vorst · 1 establishment unit since 2007

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Besmelaan 711190 Vorst

Ground area

2,605 m²

Building footprint