IMMO LARCIER
ActiveIMMO LARCIER has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €934k and a net result of €1k. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 61% of 9107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability1▼-99
Solvency65▲+1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.58 in 2024), and 54.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
45.3%
Return on assets
0.1%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
29 d late
2023
10 d early
2022
42 d early
2021
89 d early
2020
99 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€934k▲ 0.2%
2024 · €932k
2018: €112k
2019: €79k
2020: €177k
2021: €180k
2022: €169k
2023: €330k
2024: €932k
2018 → 2025
Total assets
€2.06M▲ 10.0%
2024 · €1.87M
2018: €1.10M
2019: €960k
2020: €929k
2021: €903k
2022: €974k
2023: €992k
2024: €1.87M
2018 → 2025
Net result
€1k▼ 99.8%
2024 · €603k
2018: €46k
2019: €-33k
2020: €98k
2021: €3k
2022: €-11k
2023: €161k
2024: €603k
2018 → 2025
Working capital
€-106k▲ 67.5%
2024 · €-325k
2018: €-387k
2019: €84k
2020: €112k
2021: €90k
2022: €-139k
2023: €122k
2024: €-325k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€180k-€169k▼ 6.1%€330k▲ 95.1%€932k▲ 183%€934k▲ 0.2%
Operating result€10k-€11k▲ 14.8%€51k▲ 350%€60k▲ 18.0%€23k▼ 61.8%
Net result€3k-€-11k€161k€603k▲ 275%€1k▼ 99.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.06M
Fixed assets
€1.42M▲ 0.3%
Current assets
€640k▲ 40.2%
Equity and liabilities €2.06M
Equity
€934k▲ 0.2%
Debt
€1.13M▲ 19.8%
The debt ratio rises from 50.2% to 54.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€53k▼
2024 · €90k
Cash flow
€31k▼
2024 · €632k
Solvency
45.3%▼
2024 · 49.8%
Current ratio
0.86▲
2024 · 0.58
Quick ratio
0.86▲
2024 · 0.58
Debt / equity
1.21▲
2024 · 1.01
ROE
0.2%▼
2024 · 64.6%
ROA
0.1%▼
2024 · 32.2%
Interest coverage
2.43▼
2024 · 16.04
Debt
€1.13M▲
2024 · €941k
Debt ≤ 1 year
€746k▼
2024 · €782k
Debt > 1 year
€381k▲
2024 · €159k
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€1.87M€2.06M▲
Fixed assets21/28€1.42M€1.42M▲
Tangible fixed assets22/27€535k€539k▲
Land and buildings22€535k€539k▲
Financial fixed assets28€882k€882k=
Current assets29/58€457k€640k▲
Amounts receivable after more than one year29€267k€267k=
Other amounts receivable291€267k€267k=
Amounts receivable within one year40/41€189k€374k▲
Trade receivables40€5k-
Other amounts receivable41€184k€374k▲
Cash at bank and in hand54/58€703€109▼
Equity and liabilities
Total equity and liabilities10/49€1.87M€2.06M▲
Equity10/15€932k€934k▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€851k€852k▲
Amounts payable17/49€941k€1.13M▲
Amounts payable after more than one year17€159k€381k▲
Financial debts170/4€159k€381k▲
Amounts payable within one year42/48€782k€746k▼
Current portion of amounts payable after more than one year42€30k€30k▲
Financial debts43-€463k
Credit institutions430/8-€463k
Trade debts44€378€1k▲
Suppliers440/4€378€1k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€750k€249k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€30k=
Other operating charges640/8€4k€5k▲
Gross operating margin9900€94k€57k▼
Operating profit (loss)9901€60k€23k▼
Financial income75/76B€548k-
Recurring financial income75€548k-
Non-recurring financial income76B€470-
Financial charges65/66B€6k€22k▲
Recurring financial charges65€6k€22k▲
Profit (loss) for the period before taxes9903€603k€1k▼
Profit (loss) for the period9904€603k€1k▼
Profit (loss) for the period to be appropriated9905€603k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€851k€852k▲
Profit (loss) brought forward from the previous period14P€248k€851k▲
The notes to these accounts (6 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
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €603k ▲275%
Net result €603k, the highest in the series.
31-12
Financial
Equity above €500kEq €932k ▲183%
2 profitable years in a row build equity to €932k.
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €161k
Net result €161k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 2.67
Current ratio from 0.52 to 2.67; short-term debt falls from €288k to €73k.
31-12
Financial
Equity above €200kEq €330k ▲95.1%
Equity rises from €169k to €330k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €98k
Net result €98k after one loss-making year.
31-12
Financial
Equity above €150kEq €177k ▲125%
Equity rises from €79k to €177k.
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-33k ▼173%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 2.02
Current ratio from 0.41 to 2.02; short-term debt falls from €657k to €82k.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2015
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-06-2015
Resigned as Director
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 1992
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.
Xavier De Cocklaan 669831 Sint-Martens-LatemGround area
9,606 m²
Building footprint
644 m²
Volume, LiDAR
4,325 m³
Parcel 44015A0328/00B000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO LARCIER
since 19922.060.081.842
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015A0328/00B000 | Flanders | 9,606 m² | 1 · 644 m² | 7.9 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.
Structure & network
Connections & network
4 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Similar companies · same sector, comparable size
JADIBO
BE 0401.916.134
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PATVAN
BE 0809.706.411
Glabbeek · Eq €932k
AGENCE KANAL EXPERIENCE
BE 1016.885.246
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EDIBO-IMMO
BE 0837.731.491
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AN-IMMO
BE 0432.067.791
Gent · Eq €937k
Of 12,012 companies in sector 68203 we hold annual accounts for 5,979. 4,167 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-12-1992
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70311
64200Holdings
64210Activities of holding companies
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
70312
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.