LC MERCA
ActiveThe computed 12-month bankruptcy probability of LC MERCA is 2.0% (moderate). The 2025 annual accounts show equity of €179k and a net result of €204k. Equity is shrinking by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 4123 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+13
Solvency51▲+10
Growth58=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.17 in 2024; short-term debt: 58.9% and cash: 29.5% of total assets), and 74.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.9%
Return on assets
29.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
5 d early
2022
31 d late
2021
1 d early
2020
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€204k▲ 20.3%
2024 · €169k
2020: €90k
2021: €119k
2022: €86k
2023: €165k
2024: €169k
2020 → 2025
Working capital
€99k▼ 26.3%
2024 · €135k
2020: €157k
2021: €286k
2022: €351k
2023: €219k
2024: €135k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€322k-€401k▲ 24.5%€259k▼ 35.6%€181k▼ 30.0%€179k▼ 1.3%
Operating result€159k-€115k▼ 27.4%€224k▲ 94.1%€226k▲ 1.0%€252k▲ 11.6%
Net result€119k-€86k▼ 27.9%€165k▲ 92.0%€169k▲ 2.9%€204k▲ 20.3%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €691k
Fixed assets
€184k▼ 6.6%
Current assets
€507k▼ 45.8%
Equity and liabilities €691k
Equity
€179k▼ 1.3%
Debt
€512k▼ 46.1%
The debt ratio falls from 84.0% to 74.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€297k▲
2024 · €292k
Cash flow
€248k▲
2024 · €235k
Solvency
25.9%▲
2024 · 16.0%
Current ratio
1.24▲
2024 · 1.17
Quick ratio
0.96▼
2024 · 1.03
Debt / equity
2.87▼
2024 · 5.25
ROE
114.1%▲
2024 · 93.7%
ROA
29.5%▲
2024 · 15.0%
Interest coverage
27.54▲
2024 · 26.74
Debt
€512k▼
2024 · €950k
Debt ≤ 1 year
€407k▼
2024 · €799k
Debt > 1 year
€81k▼
2024 · €126k
Income taxes
€44k▼
2024 · €53k
Staff costs
€237k▲
2024 · €223k
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€1.13M€691k▼
Fixed assets21/28€197k€184k▼
Tangible fixed assets22/27€197k€184k▼
Plant, machinery and equipment23€165k€132k▼
Furniture and vehicles24€32k€52k▲
Current assets29/58€934k€507k▼
Stocks and contracts in progress3€113k€114k▲
Stocks30/36€113k€114k▲
Amounts receivable within one year40/41€3k€184k▲
Trade receivables40€2k€5k▲
Other amounts receivable41€349€180k▲
Cash at bank and in hand54/58€817k€204k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€691k▼
Equity10/15€181k€179k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€78k€78k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€72k€72k=
Profit (loss) carried forward14€11k€15k▲
Investment grants15€30k€24k▼
Amounts payable17/49€950k€512k▼
Amounts payable after more than one year17€126k€81k▼
Financial debts170/4€64k€19k▼
Other amounts payable178/9€62k€62k=
Amounts payable within one year42/48€799k€407k▼
Current portion of amounts payable after more than one year42€45k€71k▲
Trade debts44€178k€127k▼
Suppliers440/4€178k€127k▼
Taxes, remuneration and social security45€69k€59k▼
Taxes450/3€36k€19k▼
Remuneration and social security454/9€34k€39k▲
Other amounts payable47/48€507k€151k▼
Accrued charges and deferred income492/3€26k€24k▼
Income statement
Code20242025
Remuneration, social security and pensions62€223k€237k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€44k▼
Other operating charges640/8€1k€15k▲
Gross operating margin9900€516k€549k▲
Operating profit (loss)9901€226k€252k▲
Financial income75/76B€7k€7k▼
Recurring financial income75€7k€7k▼
Financial charges65/66B€11k€11k▼
Recurring financial charges65€11k€11k▼
Profit (loss) for the period before taxes9903€223k€248k▲
Income taxes67/77€53k€44k▼
Profit (loss) for the period9904€169k€204k▲
Profit (loss) for the period to be appropriated9905€169k€204k▲
Appropriation of the result
Profit (loss) to be appropriated9906€191k€215k▲
Profit (loss) brought forward from the previous period14P€22k€11k▼
Transfer from equity791/2€60k-
Profit to be distributed694/7€240k€200k▼
Return on contributions (dividend)694€240k€120k▼
Directors or managers695-€80k
Social balance
Average headcount (FTE)90877.37.7▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Highest result since 2020net €204k ▲20.3%
Operating result €252k, net result €204k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
30-09
Financial
Weakest financial yearnet €86k ▼27.9%
Net result drops to €86k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2019
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.
Diksmuidelaan 301000 BrusselGround area
240 m²
Parcel 21812N1454/00F011, Brussels. Linked by address, not a title deed.
1 establishment unit
LC MERCA
since 20192.291.836.123
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1454/00F011 | Brussels | 240 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 siteBrussel2.291.836.123
Similar companies · same sector, comparable size
VERMACORP
BE 0777.841.416
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DELTA ONE
BE 0460.167.703
Peer · Eq €179k
SINT-NIKLAAS RETAIL
BE 0464.430.951
Sint-Niklaas · Eq €178k
GLOBE - HALLES
BE 0453.037.708
Etterbeek · Eq €179k
James & Emilie
BE 0883.597.447
Seraing · Eq €178k
Of 10,529 companies in sector 47110 we hold annual accounts for 5,858. 4,338 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-07-2019
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47113Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:proxysainct@hotmail.com