GROUP LANNOYE
ActiveGROUP LANNOYE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €541k and a net result of €106k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+1
Solvency48▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.83 in 2024; short-term debt: 21.3% and cash: 0.1% of total assets), and 76.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.1%
Return on assets
4.5%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 7778 sector peers (2025).
NBB · sector comparisonPosition among 7778 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-11-2025, 25 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 filingsDeviation from the deadline
2025
25 d late
2024
4 d late
2023
30 d late
2022
3 d early
2021
2 d early
2020
30 d late
2019
1 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 monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€541k▲ 24.3%
2024 · €436k
2019: €171k
2020: €171k
2021: €179k
2022: €266k
2023: €358k
2024: €436k
2019 → 2025
Total assets
€2.34M▼ 9.6%
2024 · €2.59M
2019: €1.46M
2020: €1.61M
2021: €1.62M
2022: €1.64M
2023: €2.02M
2024: €2.59M
2019 → 2025
Net result
€106k▲ 37.0%
2024 · €77k
2019: €162k
2020: €162k
2021: €109k
2022: €132k
2023: €138k
2024: €77k
2019 → 2025
Working capital
€-391k▼ 102%
2024 · €-193k
2019: €-209k
2020: €-274k
2021: €-256k
2022: €-210k
2023: €-154k
2024: €-193k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€179k-€266k▲ 48.5%€358k▲ 34.9%€436k▲ 21.6%€541k▲ 24.3%
Operating result€149k-€184k▲ 23.4%€192k▲ 4.1%€151k▼ 21.1%€240k▲ 58.9%
Net result€109k-€132k▲ 20.8%€138k▲ 4.6%€77k▼ 43.9%€106k▲ 37.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 59% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.34M
Fixed assets
€2.24M▲ 35.9%
Current assets
€107k▼ 88.7%
Equity and liabilities €2.34M
Equity
€541k▲ 24.3%
Provisions
€46k=
Debt
€1.76M▼ 16.8%
The debt ratio falls from 81.4% to 74.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€370k▲
2024 · €216k
Cash flow
€235k▲
2024 · €142k
Solvency
23.1%▲
2024 · 16.8%
Current ratio
0.21▼
2024 · 0.83
Quick ratio
0.21▼
2024 · 0.83
Debt / equity
3.25▼
2024 · 4.85
ROE
19.5%▲
2024 · 17.7%
ROA
4.5%▲
2024 · 3.0%
Interest coverage
3.59▼
2024 · 3.64
Debt
€1.76M▼
2024 · €2.11M
Debt ≤ 1 year
€498k▼
2024 · €1.14M
Debt > 1 year
€1.26M▲
2024 · €972k
Income taxes
€31k▲
2024 · €29k
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€2.59M€2.34M▼
Fixed assets21/28€1.65M€2.24M▲
Tangible fixed assets22/27€1.64M€2.23M▲
Land and buildings22€1.62M€2.22M▲
Plant, machinery and equipment23€19k€11k▼
Furniture and vehicles24€473€334▼
Financial fixed assets28€6k€6k=
Current assets29/58€946k€107k▼
Amounts receivable within one year40/41€944k€103k▼
Trade receivables40€652k€103k▼
Other amounts receivable41€291k€133▼
Cash at bank and in hand54/58€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.59M€2.34M▼
Equity10/15€436k€541k▲
Contributions10/11€19k€19k=
Reserves13€417k€523k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€417k€523k▲
Profit (loss) carried forward14€0-
Provisions and deferred taxes16€46k€46k=
Provisions for liabilities and charges160/5€46k€46k=
Pensions and similar obligations160€46k€46k=
Amounts payable17/49€2.11M€1.76M▼
Amounts payable after more than one year17€972k€1.26M▲
Financial debts170/4€972k€1.26M▲
Amounts payable within one year42/48€1.14M€498k▼
Current portion of amounts payable after more than one year42€114k€87k▼
Financial debts43€31k€47k▲
Credit institutions430/8€31k€47k▲
Trade debts44€357k€151k▼
Suppliers440/4€357k€151k▼
Taxes, remuneration and social security45€46k€43k▼
Taxes450/3€46k€43k▼
Other amounts payable47/48€592k€171k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€129k▲
Other operating charges640/8€5k€35k▲
Gross operating margin9900€221k€404k▲
Operating profit (loss)9901€151k€240k▲
Financial income75/76B€14k€1▼
Recurring financial income75€14k€1▼
Financial charges65/66B€59k€103k▲
Recurring financial charges65€59k€103k▲
Profit (loss) for the period before taxes9903€106k€137k▲
Income taxes67/77€29k€31k▲
Profit (loss) for the period9904€77k€106k▲
Profit (loss) for the period to be appropriated9905€77k€106k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€106k▲
Transfer to equity691/2€77k€106k▲
To other reserves6921€77k€106k▲
Profit to be distributed694/7€0-
Directors or managers695€0-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
31-03
Financial
Equity above €500kEq €541k ▲24.3%
7 profitable years in a row build equity to €541k.
2024
04-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
31-03
Financial
Weakest financial yearnet €77k ▼43.9%
Net result drops to €77k, the lowest in the series; recovery starts the following year.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €200kEq €266k ▲48.5%
4 profitable years in a row build equity to €266k.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Gillis-Waas · 1 establishment unit since 1993
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.
Geinsteindestraat(SP) 479170 Sint-Gillis-WaasGround area
2,408 m²
Building footprint
260 m²
Volume, LiDAR
1,121 m³
Parcel 46022A0659/02E000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Geinsteindestraat(SP) 47, 9170 Sint-Gillis-Waas
since 19932.062.343.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46022A0659/02E000 | Flanders | 2,408 m² | 1 · 260 m² | 8.2 m · 2 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.
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EURO DEBOUCHAGE
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NEW TECHNIQUE
BE 0649.742.226
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EUROTEL
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YQ PURCHASING
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Liège · Eq €530k
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 959 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-1993
Fiscal year end31-03
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
41001General construction of residential buildings
71111Activities of building architects
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 29 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.