ETS LAVENCY
ActiveSummary
ETS LAVENCY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €124k and a net result of €-15k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▲+8
Solvency88▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.72 against 3.06 in 2023; short-term debt: 36.7% and cash: 6.3% of total assets), and 36.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63.3%
Return on assets
-7.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-15k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-01-2026, 183 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
183 d late
2023
145 d late
2022
121 d late
2021
72 d late
2020
30 d late
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€124k▼ 10.7%
2023 · €139k
2018: €61k
2019: €95k
2020: €115k
2021: €143k
2022: €161k
2023: €139k
2018 → 2024
Total assets
€195k▼ 9.8%
2023 · €217k
2018: €109k
2019: €134k
2020: €181k
2021: €202k
2022: €235k
2023: €217k
2018 → 2024
Net result
€-15k▲ 34.5%
2023 · €-23k
2018: €6k
2019: €34k
2020: €20k
2021: €28k
2022: €18k
2023: €-23k
2018 → 2024
Working capital
€124k▼ 15.2%
2023 · €146k
2018: €61k
2019: €95k
2020: €130k
2021: €155k
2022: €173k
2023: €146k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€115k-€143k▲ 24.3%€161k▲ 12.5%€139k▼ 14.0%€124k▼ 10.7%
Operating result€28k-€32k▲ 12.2%€24k▼ 23.9%€-26k€-18k▲ 33.3%
Net result€20k-€28k▲ 41.2%€18k▼ 36.2%€-23k€-15k▲ 34.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2024 against €26k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195k
Fixed assets
€170 =
Current assets
€195k ▼ 9.8%
Equity and liabilities €195k
Equity
€124k ▼ 10.7%
Debt
€72k ▼ 8.2%
Debt's share of the balance-sheet total rises from 36.1% to 36.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.72▼
2023 · 3.06
Debt to equity
0.58▲
2023 · 0.56
ROE
-11.9%▲
2023 · -16.3%
ROA
-7.6%▲
2023 · -10.4%
Debt ≤ 1 year
€72k▲
2023 · €71k
Income taxes
€70▼
2023 · €73
Staff costs
€41k▼
2023 · €49k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€217k€195k▼
Fixed assets21/28€170€170=
Financial fixed assets28€170€170=
Current assets29/58€216k€195k▼
Amounts receivable within one year40/41€198k€183k▼
Trade receivables40€7k€2k▼
Other amounts receivable41€192k€181k▼
Cash at bank and in hand54/58€18k€12k▼
Equity and liabilities
Total equity and liabilities10/49€217k€195k▼
Equity10/15€139k€124k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€131k€116k▼
Amounts payable17/49€78k€72k▼
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€71k€72k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€67k€65k▼
Taxes450/3€51k€55k▲
Remuneration and social security454/9€16k€9k▼
Other amounts payable47/48€245€245=
Income statement
Code20232024
Remuneration, social security and pensions62€49k€41k▼
Other operating charges640/8€498€907▲
Gross operating margin9900€23k€24k▲
Operating profit (loss)9901€-26k€-18k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€127€158▲
Recurring financial charges65€127€158▲
Profit (loss) for the period before taxes9903€-22k€-15k▲
Income taxes67/77€73€70▼
Profit (loss) for the period9904€-23k€-15k▲
Profit (loss) for the period to be appropriated9905€-23k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€131k€116k▼
Profit (loss) brought forward from the previous period14P€154k€131k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 183 days late
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 145 days late
2023
31-12
Financial
Weakest financial yearnet €-23k ▼226%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial
Equity above €150kEq €161k ▲12.5%
5 profitable years in a row build equity to €161k.
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €100kEq €115k ▲20.8%
3 profitable years in a row build equity to €115k.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Highest result since 2018net €34k ▲453%
Operating result €37k, net result €34k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 168 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 533 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Court-Saint-Etienne · 1 establishment unit since 2008
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.
Rue du Ghête 331490 Court-Saint-EtienneGround area
1,446 m²
Building footprint
138 m²
Volume, LiDAR
1,063 m³
Parcel 25023K0357/00F002, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ETS LAVENCY
since 20082.171.577.897
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023K0357/00F002 | Wallonia | 1,446 m² | 1 · 138 m² | 9.9 m · 3 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
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PATHON
BE 0686.782.665
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,928 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
Founded12-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
43320Joinery installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.