LOW C
ActiveSummary
The computed 12-month bankruptcy probability of LOW C is 4.1% (elevated). The 2025 annual accounts show negative equity (€-19k) and a net result of €23k. Equity is shrinking by ~50.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 13305 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+68
Solvency13▲+12
Growth32=
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.6 in 2024; short-term debt: 58.7% and cash: 3.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-12.4%
Return on assets
14.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13305 sector peers (2025).
NBB · sector comparisonPosition among 13305 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 d early
2024
17 d early
2023
27 d late
2022
48 d early
2021
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-19k▲ 54.0%
2024 · €-42k
2021: €35k
2022: €36k
2023: €14k
2024: €-42k
2021 → 2025
Total assets
€155k▼ 12.4%
2024 · €177k
2021: €198k
2022: €218k
2023: €196k
2024: €177k
2021 → 2025
Net result
€23k
2024 · €-56k
2021: €30k
2022: €998
2023: €-22k
2024: €-56k
2021 → 2025
Working capital
€-24k▲ 47.9%
2024 · €-46k
2021: €-23k
2022: €-31k
2023: €-34k
2024: €-46k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€36k▲ 2.9%€14k▼ 61.2%€-42k€-19k▲ 54.0%
Operating result€34k-€6k▼ 83.4%€-16k€-47k▼ 189%€38k
Net result€30k-€998▼ 96.7%€-22k€-56k▼ 155%€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €38k after a loss of €47k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €155k
Fixed assets
€88k ▼ 18.5%
Current assets
€67k ▼ 2.8%
Key figures and ratios
EBITDA
€60k▲
2024 · €-26k
Cash flow
€44k▲
2024 · €-34k
Solvency
-12.4%▲
2024 · -23.5%
Current ratio
0.74▲
2024 · 0.60
Quick ratio
0.60▲
2024 · 0.47
Debt to equity
-9.10▼
2024 · -5.25
ROA
14.5%▲
2024 · -31.3%
Interest coverage
3.73▲
2024 · -2.75
Debt
€175k▼
2024 · €219k
Debt ≤ 1 year
€91k▼
2024 · €115k
Debt > 1 year
€83k▼
2024 · €104k
Income taxes
€237▲
2024 · €228
Staff costs
€26k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€177k€155k▼
Fixed assets21/28€108k€88k▼
Intangible fixed assets21€1€1▼
Tangible fixed assets22/27€106k€86k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€5k€4k▼
Leasing and similar rights25€3k€988▼
Other tangible fixed assets26€88k€74k▼
Financial fixed assets28€3k€3k=
Current assets29/58€69k€67k▼
Amounts receivable after more than one year29€40k€40k=
Trade receivables290€40k€40k=
Stocks and contracts in progress3€15k€13k▼
Stocks30/36€15k€13k▼
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€3k€4k▲
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€177k€155k▼
Equity10/15€-42k€-19k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-47k€-24k▲
Amounts payable17/49€219k€175k▼
Amounts payable after more than one year17€104k€83k▼
Financial debts170/4€104k€83k▼
Amounts payable within one year42/48€115k€91k▼
Current portion of amounts payable after more than one year42€22k€21k▼
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€50k€45k▼
Suppliers440/4€50k€45k▼
Taxes, remuneration and social security45€21k€17k▼
Taxes450/3€16k€12k▼
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€17k€8k▼
Income statement
Code20242025
Remuneration, social security and pensions62€25k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▲
Other operating charges640/8€2k€66▼
Gross operating margin9900€2k€86k▲
Operating profit (loss)9901€-47k€38k▲
Financial income75/76B€1k€800▼
Recurring financial income75€1k€800▼
Financial charges65/66B€9k€16k▲
Recurring financial charges65€9k€16k▲
Profit (loss) for the period before taxes9903€-55k€23k▲
Income taxes67/77€228€237▲
Profit (loss) for the period9904€-56k€23k▲
Profit (loss) for the period to be appropriated9905€-56k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-24k▲
Profit (loss) brought forward from the previous period14P€10€-47k▼
Transfer from equity791/2€9k-
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ieper · 1 establishment unit since 2021
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.
Cartonstraat 358900 IeperGround area
2,484 m²
Building footprint
1,744 m²
Volume, LiDAR
7,087 m³
2 parcels, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Low C
since 20212.311.937.986
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011F0685/00G002 | Flanders | 2,213 m² | 1 · 1,599 m² | 5.3 m · 1 fl. |
| 33011G0238/00A000 | Flanders | 271 m² | 1 · 146 m² | 14.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteIeper2.311.937.986
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GOESTING
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ANNAPURNA HOUSE
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 7,572 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.