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DE LAERE GROUP

Active
Private limited companyfounded 201610 yrs activePelikaanstraat 36, 9000 Gent, BelgiumKBO/BCE: BE 0649.818.341

DE LAERE GROUP has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328k and a net result of €77k. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
71 / 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
Profitability79=
Solvency59▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 2.01 in 2024; short-term debt: 56.3% and cash: 13.9% of total assets), but 66.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 2025
Solvency, return and age of the figures
Solvency
33.5%
Return on assets
7.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
8 d early
2024
41 d early
2023
33 d early
2022
24 d early
2021
51 d early
2020
26 d early
2019
31 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
neutral · 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, micro schema

Equity
€328k▲ 30.9%
2024 · €251k
2019: €75k 2020: €132k 2021: €122k 2022: €122k 2023: €169k 2024: €251k
2019 → 2025
Total assets
€979k▲ 2.3%
2024 · €957k
2019: €138k 2020: €223k 2021: €319k 2022: €542k 2023: €776k 2024: €957k
2019 → 2025
Net result
€77k▼ 5.4%
2024 · €82k
2019: €46k 2020: €57k 2021: €50k 2022: €31k 2023: €47k 2024: €82k
2019 → 2025
Working capital
€391k▼ 15.3%
2024 · €462k
2019: €75k 2020: €134k 2021: €126k 2022: €303k 2023: €363k 2024: €462k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€122k-€122k=€169k▲ 38.6%€251k▲ 47.9%€328k▲ 30.9%
Operating result€68k-€47k▼ 30.9%€71k▲ 52.7%€126k▲ 76.9%€117k▼ 7.0%
Net result€50k-€31k▼ 38.9%€47k▲ 54.4%€82k▲ 73.5%€77k▼ 5.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €68k€68kNet result 2021: €50k€50kOperating result 2022: €47k€47kNet result 2022: €31k€31kOperating result 2023: €71k€71kNet result 2023: €47k€47kOperating result 2024: €126k€126kNet result 2024: €82k€82kOperating result 2025: €117k€117kNet result 2025: €77k€77k20212022202320242025
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €979k
Fixed assets €37k▼ 5.0%
Current assets €942k▲ 2.6%
Equity and liabilities €979k
Equity €328k▲ 30.9%
Debt €651k▼ 7.9%
The debt ratio falls from 73.8% to 66.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€120k
2024 · €129k
Cash flow
€80k
2024 · €84k
Solvency
33.5%
2024 · 26.2%
Current ratio
1.71
2024 · 2.01
Quick ratio
1.03
2024 · 1.20
Debt / equity
1.98
2024 · 2.82
ROE
23.6%
2024 · 32.7%
ROA
7.9%
2024 · 8.6%
Interest coverage
23.53
2024 · 13.65
Debt
€651k
2024 · €706k
Debt ≤ 1 year
€551k
2024 · €456k
Debt > 1 year
€100k
2024 · €250k
Income taxes
€35k
2024 · €35k
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€957k€979k
Fixed assets21/28€39k€37k
Tangible fixed assets22/27€39k€37k
Land and buildings22€38k€36k
Plant, machinery and equipment23€811€627
Furniture and vehicles24-€462
Current assets29/58€918k€942k
Stocks and contracts in progress3€373k€373k=
Stocks30/36€373k€373k=
Amounts receivable within one year40/41€431k€433k
Trade receivables40€79k€76k
Other amounts receivable41€352k€357k
Cash at bank and in hand54/58€115k€136k
Equity and liabilities
Total equity and liabilities10/49€957k€979k
Equity10/15€251k€328k
Contributions10/11€19k€19k=
Reserves13€232k€309k
Distributable reserves133€232k€309k
Amounts payable17/49€706k€651k
Amounts payable after more than one year17€250k€100k
Financial debts170/4€250k€100k
Amounts payable within one year42/48€456k€551k
Financial debts43-€125k
Credit institutions430/8-€125k
Trade debts44€32k€2k
Suppliers440/4€32k€2k
Taxes, remuneration and social security45€45k€26k
Taxes450/3€43k€24k
Remuneration and social security454/9€1k€3k
Other amounts payable47/48€379k€397k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k
Other operating charges640/8€5k€387
Gross operating margin9900€133k€120k
Operating profit (loss)9901€126k€117k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€9k€5k
Recurring financial charges65€9k€5k
Profit (loss) for the period before taxes9903€117k€112k
Income taxes67/77€35k€35k
Profit (loss) for the period9904€82k€77k
Profit (loss) for the period to be appropriated9905€82k€77k
Appropriation of the result
Profit (loss) to be appropriated9906€82k€77k
Transfer to equity691/2€81k€77k
To other reserves6921€81k€77k
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-

The notes to these accounts (7 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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
23-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
20-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Highest result since 2019net €82k ▲73.5%
Operating result €126k, net result €82k, both a record.
31-03
Financial Equity above €200kEq €251k ▲47.9%
6 profitable years in a row build equity to €251k.
2023
28-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Equity above €150kEq €169k ▲38.6%
5 profitable years in a row build equity to €169k.
2022
07-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Weakest financial yearnet €31k ▼38.9%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
2021
10-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
05-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Equity above €100kEq €132k ▲76%
2 profitable years in a row build equity to €132k.
2019
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
01-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
11-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated 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, Gent · 1 establishment unit since 2016
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.

Pelikaanstraat 369000 Gent
Ground area
59 m²
Building footprint
59 m²
Volume, LiDAR
714 m³
Parcel 44804D1882/00F000, Flanders · tallest building 16.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Pelikaanstraat 36, 9000 Gent
Manufacture of machinery and equipment not elsewhere classified
since 20162.251.913.002
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D1882/00F000 Flanders 59 m² 1 · 59 m² 16.3 m · 5 fl.
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.

Similar companies · same sector, comparable size

Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 4,811 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-03-2016
Fiscal year end31-03
Trade name NL C-CONSTRUCT
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.