R&L Partners

Active

Private limited companyfounded 20206 yrs activeDe Wandstraat 231 - 233, 1020 Brussel, BelgiumKBO/BCE: BE 0750.725.956

Summary

The computed 12-month bankruptcy probability of R&L Partners is 5.7% (elevated). The 2025 annual accounts show equity of €87k and a net result of €14k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 24% of 4157 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

41 / 100

Weak

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

Axes · tick = 2024

Profitability61▲+8

Solvency39▲+2

Growth52=

Track record100

Bankruptcy probability, 12 months

5.7% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days only on tighter terms

Liquidity short (current ratio 0.66 against 0.73 in 2024; short-term debt: 63.6% and cash: 13.9% of total assets), and 86.1% 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

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

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

KBO · registered office

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

13.9%

Return on assets

2.2%

Age of the figures

15 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4157 sector peers (2025).

NBB · sector comparison

Position among 4157 sector peers

Solvency

better than 24%

← weakest strongest →

Filed more than 90 days late

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-05-2026, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

95 d late

2024

28 d late

2023

30 d late

2022

1 d early

2021

19 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close24-09-2026 today31-01-2027 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, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€14k▲ 1,964%

2024 · €667

2021: €32k 2022: €28k 2023: €5k 2024: €667

2021 → 2025

Working capital

€-135k▼ 44.9%

2024 · €-93k

2021: €-50k 2022: €-37k 2023: €-77k 2024: €-93k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€41k-€69k▲ 67.7%€74k▲ 7.0%€74k▲ 0.4%€87k▲ 18.1%

Operating result€54k-€42k▼ 21.3%€19k▼ 54.8%€24k▲ 24.8%€44k▲ 85.9%

Net result€32k-€28k▼ 13.2%€5k▼ 81.6%€667▼ 87.2%€14k▲ 1,964%

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 86% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €627k

57.9%

42.1%

Fixed assets €363k ▼ 5.8%

Current assets €264k ▲ 3.5%

Equity and liabilities €627k

13.9%

85.7%

Equity €87k ▲ 18.1%

Provisions €2k ▼ 50.0%

Debt €538k ▼ 4.3%

Debt's share of the balance-sheet total falls from 87.7% to 85.7%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€106k▲

2024 · €84k

Cash flow

€75k▲

2024 · €61k

Current ratio

0.66▼

2024 · 0.73

Quick ratio

0.50▼

2024 · 0.51

Debt to equity

6.16▼

2024 · 7.60

ROE

15.8%▲

2024 · 0.9%

ROA

2.2%▲

2024 · 0.1%

Interest coverage

4.72▲

2024 · 4.08

Debt ≤ 1 year

€399k▲

2024 · €348k

Debt > 1 year

€138k▼

2024 · €213k

Income taxes

€9k▲

2024 · €3k

Staff costs

€398k▲

2024 · €387k

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 · 50 lines

Balance sheet Code20242025

Assets

Total assets20/58€641k€627k▼

Fixed assets21/28€385k€363k▼

Intangible fixed assets21€262k€220k▼

Tangible fixed assets22/27€124k€143k▲

Furniture and vehicles24€4k€13k▲

Other tangible fixed assets26€120k€131k▲

Current assets29/58€255k€264k▲

Stocks and contracts in progress3€78k€65k▼

Stocks30/36€78k€65k▼

Amounts receivable within one year40/41€26k€45k▲

Trade receivables40€11k€34k▲

Other amounts receivable41€15k€10k▼

Cash at bank and in hand54/58€88k€87k▼

Deferred charges and accrued income490/1€64k€68k▲

Equity and liabilities

Total equity and liabilities10/49€641k€627k▼

Equity10/15€74k€87k▲

Contributions10/11€5k€5k=

Profit (loss) carried forward14€67k€80k▲

Investment grants15€2k€2k▼

Provisions and deferred taxes16€5k€2k▼

Provisions for liabilities and charges160/5€5k€2k▼

Other liabilities and charges164/5€5k€2k▼

Amounts payable17/49€562k€538k▼

Amounts payable after more than one year17€213k€138k▼

Financial debts170/4€213k€138k▼

Amounts payable within one year42/48€348k€399k▲

Current portion of amounts payable after more than one year42€220k€223k▲

Trade debts44€85k€146k▲

Suppliers440/4€85k€146k▲

Taxes, remuneration and social security45€38k€30k▼

Taxes450/3€5k€9k▲

Remuneration and social security454/9€33k€21k▼

Other amounts payable47/48€5k€268▼

Income statement Code20242025

Remuneration, social security and pensions62€387k€398k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€62k▲

Provisions for liabilities and charges: additions (uses and reversals)635/8€-2k€-2k=

Other operating charges640/8€4k€2k▼

Gross operating margin9900€473k€504k▲

Operating profit (loss)9901€24k€44k▲

Financial income75/76B€479€800▲

Recurring financial income75€479€800▲

Financial charges65/66B€21k€22k▲

Recurring financial charges65€21k€22k▲

Profit (loss) for the period before taxes9903€4k€23k▲

Income taxes67/77€3k€9k▲

Profit (loss) for the period9904€667€14k▲

Profit (loss) for the period to be appropriated9905€667€14k▲

Appropriation of the result

Profit (loss) to be appropriated9906€67k€80k▲

Profit (loss) brought forward from the previous period14P€66k€67k▲

Social balance

Average headcount (FTE)90878.88.8=

The notes to these accounts (11 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 6Financial 1Filings 5

Next filing, fiscal year 2026, expected by 31-01-2027

2026

06-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 95 days late

2025

28-02

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 28 days late

2024

30-06

Financial Weakest financial yearnet €667 ▼87.2%

Net result drops to €667, the lowest in the series; recovery starts the following year.

01-03

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 30 days late

2023

30-01

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

12-01

NBB filing Annual accounts filed

fiscal year 2021 · full schema

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

Directors · office · real estate

Directors

1 act for this company is 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 · 4 establishment units since 2020

establishment All 4 establishment units 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.

De Wandstraat 231 - 2331020 Brussel

Ground area

8.4 ha

Building footprint

6.0 ha

Volume, LiDAR

565,555 m³

5 parcels, Brussels, Flanders, Wallonia · tallest building 48.1 m, ±4 floors. Linked by address, not a title deed.

4 establishment units

LEONIDAS Westland

Sylvain Dupuislaan 433, 1070 AnderlechtRetail sale of chocolate and confectionery

since 20202.305.275.076

LEONIDAS Docks

Lambermontstraat 1, 1000 BrusselRetail sale of chocolate and confectionery

since 20202.305.275.175

LEONIDAS Esplanade

Place de l'Accueil 10, 1348 Ottignies-Louvain-la-NeuveRetail sale of chocolate and confectionery

since 20202.305.275.274

LEONIDAS Dilbeek

Ninoofsesteenweg 365, 1700 DilbeekRetail sale of chocolate and confectionery

since 20222.337.894.394

5 parcels

Flanders 1 (20%) Wallonia 1 (20%) Brussels 3 (60%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21001A0250/00C000	Brussels	5.8 ha	1 · 3.8 ha	48.1 m · 3 fl.
25386B0123/00V002	Wallonia	2.5 ha	1 · 2.1 ha	24.1 m · 4 fl.
21818E0167/00D010	Brussels	785 m²	1 · 409 m²	13.2 m · 4 fl.
21804D0189/00D000 ProtectedArchitectural ensemble · Site or landscapeAcademiepaleis en tuinSource ↗	Brussels	748 m²	1 · 519 m²	-
23016D0070/00C000	Flanders	245 m²	1 · 125 m²	9.8 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 4

5 of 5 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Recognitions · licences · registrations

Food safety, FASFC

4 sites

Anderlecht2.305.275.076

1 permission

Toelating · Detailhandel · since 30-06-2022

Brussel2.305.275.175

1 permission

Toelating · Detailhandel · since 04-02-2021

Dilbeek2.337.894.394

1 permission

Toelating · Detailhandel · since 25-01-2023

Ottignies-Louvain-la-Neuve2.305.275.274

1 permission

Toelating · Detailhandel · since 16-12-2020

Similar companies · same sector, comparable size

Douceurs du coin

BE 0658.990.581

Pont-à-Celles · Eq €86,898

Boechout · Eq €89,298

Kapellen · Eq €85,067

Of 899 companies in sector 47242 we hold annual accounts for 339. 303 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

Founded16-07-2020

Fiscal year end30-06

Activities, NACEBEL 2025

47242Retail sale of chocolate and confectionery

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.