Equity
€345,836 ▲ 80.6%
LACO has made a profit without a break since 2011.
LACO
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1998peak €336,682 (2025)
€336,682▲ 292%
lowest -€26,506 (2008)
€203,685▲ 895%
peak €345,836 (2025)
€345,836▲ 80.6%
€296,043▼ 52.1%
peak 0 FTE (2024)
0 FTE
Board1 name since 1997
1 directorCollin LAGROU
Documentsfilings and deeds
05-01-202626 days before the deadline
2025abbreviated format
Gross margin from €85,977 to €336,682Result from €20,468 to €203,685Dividend €49,314Equity from €191,465 to €345,836Debts from €618,164 to €296,043Cash from €506 to €1,052
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 62% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.4%▲ +0.2 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.3%▼ -0.1 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.5%▲ +0.2 percentage points vs 12-2025highest value
02-2026: 0.2%▼ -0.3 percentage points vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.23, cash €1,052
lowers risk
Size: total assets €713,885
Founded in 1997
No main activity registered
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 43% of them on solvency, 23% on liquidity, 90% on profitability and 91% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as LACO has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of LACO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for LACO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.23 (0.68 in 2024), below the usual 1.5. Short-term debt is 25.4% and cash 0.1% of total assets. 51.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €345,836
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 days early
2024
51 days early
2023
8 days early
2022
6 days late
2021
26 days early
2020
2 days late
2019
58 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 23 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 5 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460981117
Legal-form change
Gazette deed
Registered office moved to Nieuwpoort
New registered office: Stationslaan 7, 8620 NIEUWPOORT · Gazette deed
First establishment
Stationslaan 7, Nieuwpoort
Official details
Source: KBO- Status
- Active since 30-06-1997Normal situation
- Activity
- “Alle hoegenaamde bedrijvigheid betreffende onroerende goederen,gebouwd of ongebouwd en alle hoegenaamde bedrijvigheid betreffende onroerende…” (deed in Dutch)From the articles, 2 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.083.242.8688620 Nieuwpoort, since 08-09-1997
- Financial year end
- 30 June
- Peppol
- Reachable since 06-06-2024
Annual accounts to 30-06-2025
- ≈ €790,000estimated
- €713,885▼ 12.9%
- Filing
- Filed on 05-01-2026, 26 days before the end of the filing period
Insights on LACO
LACO files the abbreviated format. That format states no turnover. The gross margin rose from €30,990 in 2007 to €336,682 in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LACO
- What is the company number of LACO?
- The company number of LACO is 0460.981.117. The VAT number is the same number with BE in front: BE 0460.981.117.
- Where is LACO based?
- The registered office is at Stationslaan 7, 8620 Nieuwpoort.Company details
- What is the legal form of LACO?
- LACO is a private limited company (BV).
- When was LACO founded?
- LACO was founded on 30-06-1997.
- Is LACO still active?
- Yes, LACO is an active enterprise in the KBO register.
- What is the turnover of LACO?
- The turnover in financial year 2025 is ≈ €790,000. This figure is estimated from the gross margin of €336,682 and 2,275 comparable companies of the same size. It probably lies between €480,000 and €1.3m. It is a rough estimate.Financials
- Is LACO profitable?
- In financial year 2025, LACO made a profit of €203,685.
- Where can I find the annual accounts of LACO?
- LACO filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LACO due?
- LACO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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