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Lakefront Biotherapeutics

Active
Public limited companyfounded 1999active for 27 yearsSchaliënhoevedreef 20T, 2800 Mechelen, Belgium66 active companies are registered at this addressKBO/BCE: BE 0466.460.429
Summary

Lakefront Biotherapeutics has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.15bn and a net result of €316.9m. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 86% of 237 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other research and development on natural sciences
NACE 72109Research and development on biotechnology NACE 72101
Largest company by total assets in the province of Antwerp, Professional and technical services sector1 site
Size
€1.10bnturnover 2025
Staff
172.9 FTE
Equity
€3.15bn
Profit
€316.9m
Standalone figures, without subsidiaries
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Board
18 members
Holdings
9
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESAccounts 63 days early
Why 97raises risk1 change of registered office in 24 monthsLiquidity: current ratio 25.34, cash €82.3mlowers riskFounded in 1999Equity €3.15bn (94.2% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 85% of its sector peers (NACE 72, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 100+5
equity 94.2% of total assets
Liquidity 53+1
short-term debt 3.8% · cash 2.5%
Profitability 87+7
return on assets 9.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (47 companies, NACE 72, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 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 06-2025 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: 0.3%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 0.1%▼ -0.2 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €110,250,000 on 30-day terms is acceptable
Liquidity ample (current ratio 25.34, compared with 26.11 in 2024, above the usual 1.5; short-term debt: 3.8% and cash: 2.5% of total assets), and 5.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 72, medium-sized): better than 90% on solvency, 68% on liquidity, 91% on profitability and 89% on growth.

The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 25.34, cash €82.3m
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €3.15bn (94.2% of total assets)
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 29-05-2026, 63 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
63 days early
2024
70 days early
2023
41 days early
2022
81 days early
2021
93 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 70 days before the deadline; the sector median (NACE 72) for financial year 2024 is 13 days before the deadline, and 33% 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 22 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations & appointmentsPower of attorney
  2. MiscellaneousGazette deed
  3. Resignation: Paulo Pacheco da Fontoura (niet…Power of attorney

Key points

  • Positive: Turnover rose in 2025from €303.4m to €1.10bn ▲ 263% View
  • Positive: Largest company by total assets in the province of Antwerp, Professional and…in the Checked rankings No. 1 View
  • Board changedlatest change 09-07-2026 · 18 in office 4 joined · 8 left View
  • Heads a groupcompanies controlled 9 View
  • Flemish supportawarded from 2022 to 2025 €4.8m View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Turnover
€1.10bn
Profit
€316.9m
Solvency
94.2%
Turnover▲ 263%
Net result
20182025
Go to Financials

Board & ownership

Board
18 members
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • Dr. Raj ParekhChair
  • Bart FiliusChair
  • Jérôme ContamineChair
  • Paul StoffelsChair
  • Howard RoweDirector

and 13 other directors

Go to Board & ownership

Timeline

Events
257
Since
2001
Next accounts
by 31-07-2027
  1. 02-07-2026Miscellaneous
  2. 05-06-2026Annual accounts filed
  3. 01-06-2026Resignations: Stoffels IMC BV, Simon Sturge and…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other research and development on natural sciencesNACE 72109
Founded
06-07-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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