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DE RAEDT LARS

Active
Private limited companyfounded 2018active for 8 yearsKwadestraat 2, 1570 Pajottegem, BelgiumKBO/BCE: BE 0687.863.028
Summary

DE RAEDT LARS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €180,569. Equity has been growing by about 32% per year since 2019. Its solvency ranks better than 95% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-01-2018 Normal situation
Activity
Plumbing work NACE 43221and 1 other
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.272.115.231 1570 Pajottegem, since 12-01-2018
Financial year end
31 December
Peppol
Reachable since 22-09-2025

Board and ownership

Board

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€375,145
▲ 12.2%
Turnover
≈ €930,000
estimated
Profit
€180,569
▼ 1.7%
Equity
€1.0m
▲ 21.1%
Total assets
€1.1m
▲ 16.5%
Employees on 31-12-2025
2
▲ 100%
Score breakdownlowers riskLiquidity: current ratio 12.00, cash €344,211Figures for financial year 2025 (filed on 31-07-2026)Equity €1.0m (92.5% of total assets)Size: total assets €1.1mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 80% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 92.5% of total assets
Liquidity 88+3
short-term debt 7.5% · cash 30.7%
Profitability 89-4
return on assets 16.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 12.0 (7.65 in 2024), above the usual 1.5. Short-term debt is 7.5% and cash 30.7% of total assets. 7.5% of the assets are financed with debt and provisions.
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 (NACE 43, micro). It does better than 90% of them on solvency, 86% on liquidity, 74% on profitability and 68% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 12.00, cash €344,211
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 31-07-2026)
NBB · annual accounts
lowers risk · Equity €1.0m (92.5% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
on the day
2024
17 days early
2023
32 days early
2022
34 days early
2021
4 days early
2020
43 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in specialised constructionsector median 46.7% · 34,946 companies 92.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €180,569 7 years View

Recent changes

  1. · Gazette deed Resignation: DE RAEDT Lars (manager)Reappointment: DE RAEDT Lars (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as DE RAEDT LARS: plumbing work (NACE 43221). They are comparable in size and age: total assets between €1m and €1.3m, founded between 2016 and 2018.

CompanyTotal assetsGross margin
DE RAEDT LARS Pajottegem€1.1m€0.4m
CENTRA HEAT Brasschaat€1.1m€0.4m
RAU DAVID Brugge€1.1m€0.4m
STANITAIR Buggenhout€1.1m€0.3m
BaWeTec Houthalen-Helchteren€1.3m€0.5m
VAN DEN BROEK Ravels€1.0m€0.5m
Chauffage Tichoux Braine-l'Alleud€1.1m€0.3m
Full comparison

Key facts about DE RAEDT LARS

What is the company number of DE RAEDT LARS?
The company number of DE RAEDT LARS is 0687.863.028. The VAT number is the same number with BE in front: BE 0687.863.028.
Where is DE RAEDT LARS based?
The registered office is at Kwadestraat 2, 1570 Pajottegem.Company details
What does DE RAEDT LARS do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of DE RAEDT LARS?
The legal form of DE RAEDT LARS is Private limited company (BV).
When was DE RAEDT LARS founded?
DE RAEDT LARS was founded on 12-01-2018.
Is DE RAEDT LARS still active?
Yes, DE RAEDT LARS is an active enterprise in the KBO register.
How many employees does DE RAEDT LARS have?
DE RAEDT LARS had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DE RAEDT LARS fall under?
In its 2025 annual accounts, DE RAEDT LARS states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of DE RAEDT LARS?
The turnover in financial year 2025 is ≈ €930,000. This figure is estimated from the gross margin of €375,145 and 32 comparable companies (NACE 432). It probably lies between €710,000 and €1.2m.
Is DE RAEDT LARS profitable?
In financial year 2025, DE RAEDT LARS made a profit of €180,569.
Where can I find the annual accounts of DE RAEDT LARS?
DE RAEDT LARS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE RAEDT LARS due?
DE RAEDT LARS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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