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EIERHOEVE LECOQUE

Active
Public limited companyfounded 199827 yrs activeHeersterveldweg 12, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0464.480.144

EIERHOEVE LECOQUE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.15M and a net result of €2.38M. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+15
Solvency100▲+1
Growth64▼-11
Stability100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.3M at 30 days acceptable
Liquidity ample (current ratio 3.59 against 2.67 in 2024), and 33.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
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
66.1%
Return on assets
12%
Age of the figures
15 mo
raises risk · 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
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
46 d late
2023
29 d late
2022
40 d early
2021
40 d early
2020
46 d early
2019
28 d early
← before the deadline after the deadline →
neutral · 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 close15-09-2026 today31-01-2027 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, full schema

Turnover
€26.64M▼ 38.9%
2024 · €43.61M
2019: €25.61M 2020: €25.32M 2021: €25.91M 2022: €34.82M 2023: €49.12M 2024: €43.61M
2019 → 2025
EBIT margin
15.2%▲ 9.0pp
2024 · 6.2%
2019: 7.4% 2020: 5.2% 2021: 8.3% 2022: 4.6% 2023: 4.8% 2024: 6.2%
2019 → 2025
Net result
€2.38M▲ 8.0%
2024 · €2.20M
2019: €1.33M 2020: €948k 2021: €1.52M 2022: €1.18M 2023: €1.92M 2024: €2.20M
2019 → 2025
Working capital
€9.24M▲ 21.0%
2024 · €7.63M
2019: €4.14M 2020: €4.22M 2021: €5.20M 2022: €5.23M 2023: €6.34M 2024: €7.63M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€25.91M-€34.82M▲ 34.4%€49.12M▲ 41.1%€43.61M▼ 11.2%€26.64M▼ 38.9%
Equity€8.99M-€9.06M▲ 0.8%€9.84M▲ 8.6%€10.95M▲ 11.2%€13.15M▲ 20.1%
Operating result€2.14M-€1.62M▼ 24.4%€2.37M▲ 46.4%€2.72M▲ 15.1%€4.05M▲ 48.9%
Net result€1.52M-€1.18M▼ 22.3%€1.92M▲ 62.4%€2.20M▲ 15.0%€2.38M▲ 8.0%
Result per fiscal year
Operating resultNet result
€0€2.00M€4.00MOperating result 2021: €2.14M€2.14MNet result 2021: €1.52M€1.52MOperating result 2022: €1.62M€1.62MNet result 2022: €1.18M€1.18MOperating result 2023: €2.37M€2.37MNet result 2023: €1.92M€1.92MOperating result 2024: €2.72M€2.72MNet result 2024: €2.20M€2.20MOperating result 2025: €4.05M€4.05MNet result 2025: €2.38M€2.38M20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 49% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.89M
Fixed assets €7.09M▲ 32.5%
Current assets €12.80M▲ 4.9%
Equity and liabilities €19.89M
Equity €13.15M▲ 20.1%
Provisions €1.64M
Debt €5.10M▼ 22.8%
The debt ratio falls from 37.6% to 25.6%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4.20M
2024 · €3.92M
Cash flow
€2.53M
2024 · €3.41M
Solvency
66.1%
2024 · 62.4%
Current ratio
3.59
2024 · 2.67
Quick ratio
3.34
2024 · 2.33
Debt / equity
0.39
2024 · 0.60
ROE
18.1%
2024 · 20.1%
ROA
12.0%
2024 · 12.6%
Interest coverage
109.08
2024 · 79.94
Debt
€5.10M
2024 · €6.60M
Debt ≤ 1 year
€3.57M
2024 · €4.57M
Debt > 1 year
€1.46M
2024 · €2.03M
Income taxes
€797
2024 · €471k
Staff costs
€1.46M
2024 · €2.00M
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€17.55M€19.89M
Fixed assets21/28€5.35M€7.09M
Tangible fixed assets22/27€5.35M€7.09M
Land and buildings22€2.47M€750k
Plant, machinery and equipment23€2.79M€831k
Furniture and vehicles24€91k€90k
Assets under construction and advance payments27-€5.41M
Financial fixed assets28€2k-
Other financial fixed assets284/8€2k-
Amounts receivable and cash guarantees285/8€2k-
Current assets29/58€12.20M€12.80M
Amounts receivable after more than one year29€304k€206k
Other amounts receivable291€304k€206k
Stocks and contracts in progress3€1.56M€897k
Stocks30/36€1.56M€897k
Raw materials and consumables30/31€1.52M€707k
Goods purchased for resale34€39k€191k
Amounts receivable within one year40/41€7.44M€5.88M
Trade receivables40€5.61M€5.36M
Other amounts receivable41€1.82M€514k
Cash at bank and in hand54/58€2.86M€5.78M
Deferred charges and accrued income490/1€44k€34k
Equity and liabilities
Total equity and liabilities10/49€17.55M€19.89M
Equity10/15€10.95M€13.15M
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€10.70M€14.17M
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€1.79M€5.11M
Distributable reserves133€8.90M€9.05M
Profit (loss) carried forward14-€-1.09M
Investment grants15€177k-
Provisions and deferred taxes16-€1.64M
Deferred taxes168-€1.64M
Amounts payable17/49€6.60M€5.10M
Amounts payable after more than one year17€2.03M€1.46M
Financial debts170/4€2.03M€1.46M
Credit institutions173€2.03M€1.46M
Amounts payable within one year42/48€4.57M€3.57M
Current portion of amounts payable after more than one year42€678k€570k
Financial debts43€21k€21k=
Credit institutions430/8€21k€21k=
Trade debts44€2.75M€2.88M
Suppliers440/4€2.75M€2.88M
Taxes, remuneration and social security45€76k€99k
Taxes450/3€2k€9k
Remuneration and social security454/9€74k€90k
Other amounts payable47/48€1.05M-
Accrued charges and deferred income492/3€383€70k
Income statement Code20242025
Operating income70/76A€43.85M€33.46M
Turnover70€43.61M€26.64M
Own construction capitalised72-€151k
Other operating income74€248k€90k
Non-recurring operating income76A-€6.58M
Operating charges60/66A€41.13M€29.41M
Goods for resale, raw materials and consumables60€33.70M€22.93M
Purchases600/8€33.37M€23.38M
Change in stocks: decrease (increase)609€331k€-449k
Services and other goods61€3.96M€3.17M
Remuneration, social security and pensions62€2.00M€1.46M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.20M€148k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€46k-
Other operating charges640/8€155k€65k
Non-recurring operating charges66A€64k€1.63M
Operating profit (loss)9901€2.72M€4.05M
Financial income75/76B€62k€38k
Recurring financial income75€62k€38k
Other financial income752/9€62k€38k
Financial charges65/66B€110k€76k
Recurring financial charges65€110k€74k
Debt charges650€49k€39k
Other financial charges652/9€60k€36k
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€2.68M€4.02M
Transfer from deferred taxes780-€2k
Transfer to deferred taxes680-€1.64M
Income taxes67/77€471k€797
Taxes670/3€471k€797
Profit (loss) for the period9904€2.20M€2.38M
Transfer from tax-exempt reserves789€316k€1.59M
Transfer to tax-exempt reserves689€870k€4.91M
Profit (loss) for the period to be appropriated9905€1.65M€-945k
Appropriation of the result
Profit (loss) to be appropriated9906€1.65M€-945k
Transfer to equity691/2€601k€149k
To other reserves6921€601k€149k
Profit to be distributed694/7€1.05M-
Return on contributions (dividend)694€1.05M-
Social balance
Average headcount (FTE)908732.628.9

The notes to these accounts (58 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
27-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
30-06
Financial Highest result since 2019net €2.38M ▲8%
Operating result €4.05M, net result €2.38M, both a record.
18-03
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 46 days late
2024
30-06
Financial Equity above €10MEq €10.95M ▲11.2%
6 profitable years in a row build equity to €10.95M.
29-02
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2022
22-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
22-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2020
16-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial Weakest financial yearnet €948k ▼28.6%
Net result drops to €948k, the lowest in the series; recovery starts the following year.
03-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
28-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
22-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
27-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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, Tongeren-Borgloon · 2 establishment units since 1998
establishment All 2 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.

Heersterveldweg 123700 Tongeren-Borgloon
Ground area
1.5 ha
Building footprint
8,894 m²
Volume, LiDAR
30,107 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Lecoque eggs
Heersterveldweg 12, 3700 Tongeren-BorgloonNACE 5133102
since 19982.089.293.985
Kremersstraat 80, 3700 Tongeren-Borgloon
Manufacture of food products
since 20242.371.815.096
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73076D0299/00S000 Flanders 1.4 ha 1 · 8,865 m² 9.2 m · 2 fl.
73059A0185/00V000 Flanders 608 m² 1 · 29 m² 3.3 m · 1 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 82,545 EUR awarded · 82,545 EUR paid
Year Entries awardedpaid
2025 1 13,211 EUR13,211 EUR
2024 1 22,084 EUR22,084 EUR
2023 2 34,307 EUR34,307 EUR
2022 1 12,943 EUR12,943 EUR
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
4 entries · 78,045 EUR · 78,045 EUR paid · Departement Werk en Sociale Economie
Subsidies voor internationaal ondernemen
1 entry · 4,500 EUR · 4,500 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Tongeren-Borgloon2.089.293.985
3 permissions
Erkenning · Fabrikant eierproducten · since 27-10-2025
Toelating · Groothandelaar levensmiddelen · since 27-10-2025
Erkenning · Gekoelde opslag eieren · since 09-10-2025

Similar companies · same sector, comparable size

Of 390 companies in sector 10890 we hold annual accounts for 221. 71 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded29-10-1998
Fiscal year end30-06
Activities, NACEBEL
10890Manufacture of food products
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.