L.A.C.
ActiveSummary
L.A.C. has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €188,669 and a net result of €37,374. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 3939 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▼-2
Solvency62▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.46 in 2023; short-term debt: 53% and cash: 3.6% of total assets), and 63% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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
not confirmed
2024
71 d late
2023
80 d late
2022
88 d late
2021
92 d late
2020
118 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 90 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#6 oldest company in Clavier
Equity
€188,669▼ 6.3%
2023 · €201,295
Total assets
€509,696▲ 21.0%
2023 · €421,234
Net result
€37,374▼ 1.4%
2023 · €37,892
Working capital
€47,931▼ 33.1%
2023 · €71,630
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€5,119▼ 86.7%€14,877▲ 191%€18,632▲ 25.2%€65,581▲ 252%€56,648▼ 13.6%
Net result€1,568within the sector's middle half▼ 93.9%€8,586within the sector's middle half▲ 447%€10,836within the sector's middle half▲ 26.2%€37,892above the sector's middle half▲ 250%€37,374above the sector's middle half▼ 1.4%
Equity€156,981within the sector's middle half▲ 1.0%€165,567within the sector's middle half▲ 5.5%€176,404within the sector's middle half▲ 6.5%€201,295within the sector's middle half▲ 14.1%€188,669within the sector's middle half▼ 6.3%
Total assets€525,216within the sector's middle half▲ 37.8%€499,586within the sector's middle half▼ 4.9%€529,455within the sector's middle half▲ 6.0%€421,234within the sector's middle half▼ 20.4%€509,696within the sector's middle half▲ 21.0%
Debt€368,235▲ 63.1%€334,018▼ 9.3%€353,052▲ 5.7%€219,939▼ 37.7%€321,027▲ 46.0%
Working capital€42,251within the sector's middle half▼ 69.6%€50,159within the sector's middle half▲ 18.7%€41,035within the sector's middle half▼ 18.2%€71,630within the sector's middle half▲ 74.6%€47,931within the sector's middle half▼ 33.1%
Solvency29.9%within the sector's middle half▼ 10.9pp33.1%within the sector's middle half▲ 3.3pp33.3%within the sector's middle half▲ 0.2pp47.8%within the sector's middle half▲ 14.5pp37.0%within the sector's middle half▼ 10.8pp
Current ratio1.17within the sector's middle half▼ 1.531.24within the sector's middle half▲ 0.061.16within the sector's middle half▼ 0.081.46within the sector's middle half▲ 0.301.18within the sector's middle half▼ 0.28
Return on assets (ROA)0.3%within the sector's middle half▼ 6.5pp1.7%within the sector's middle half▲ 1.4pp2.0%within the sector's middle half▲ 0.3pp9.0%above the sector's middle half▲ 6.9pp7.3%within the sector's middle half▼ 1.7pp
Staff (FTE)0.2
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €509,696
Fixed assets
€191,572 ▼ 1.1%
Current assets
€318,124 ▲ 39.8%
Equity and liabilities €509,696
Equity
€188,669 ▼ 6.3%
Debt
€321,027 ▲ 46.0%
Debt's share of the balance-sheet total rises from 52.2% to 63.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€90,668▼
2023 · €100,498
Cash flow
€71,394▼
2023 · €72,809
Quick ratio
1.12▼
2023 · 1.39
Debt to equity
1.70▲
2023 · 1.09
ROE
19.8%▲
2023 · 18.8%
Interest coverage
42.26▲
2023 · 11.64
Debt ≤ 1 year
€270,192▲
2023 · €155,965
Debt > 1 year
€50,835▼
2023 · €63,974
Income taxes
€18,144▼
2023 · €19,220
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €5,569 | €6,158 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,929 | €37,413 | €34,035 | €34,917 | €34,020 | ▼ 2.6% |
| Other operating charges640/8 | - | €1,817 | €1,638 | €1,640 | €2,895 | ▲ 76.5% |
| Gross operating margin9900 | €27,249 | €59,676 | €60,464 | €102,138 | €93,563 | ▼ 8.4% |
| Operating profit (loss)9901 | €5,119 | €14,877 | €18,632 | €65,581 | €56,648 | ▼ 13.6% |
| Financial income75/76B | - | €60 | €18 | €166 | €1,015 | ▲ 511% |
| Recurring financial income75 | €14 | €60 | €18 | €166 | €1,015 | ▲ 511% |
| Financial charges65/66B | - | €3,377 | €3,130 | €8,635 | €2,145 | ▼ 75.2% |
| Recurring financial charges65 | €2,778 | €3,377 | €3,130 | €8,635 | €2,145 | ▼ 75.2% |
| Profit (loss) for the period before taxes9903 | €2,356 | €11,561 | €15,520 | €57,112 | €55,518 | ▼ 2.8% |
| Income taxes67/77 | €787 | €2,974 | €4,684 | €19,220 | €18,144 | ▼ 5.6% |
| Profit (loss) for the period9904 | €1,568 | €8,586 | €10,836 | €37,892 | €37,374 | ▼ 1.4% |
| Profit (loss) for the period to be appropriated9905 | €1,568 | €8,586 | €10,836 | €37,892 | €37,374 | ▼ 1.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €525,216 | €499,586 | €529,455 | €421,234 | €509,696 | ▲ 21.0% |
| Fixed assets21/28 | €238,555 | €237,591 | €228,556 | €193,639 | €191,572 | ▼ 1.1% |
| Tangible fixed assets22/27 | €221,412 | €220,448 | €211,413 | €176,496 | €174,429 | ▼ 1.2% |
| Land and buildings22 | - | €118,054 | €112,432 | €106,811 | €101,189 | ▼ 5.3% |
| Plant, machinery and equipment23 | - | €85,498 | €88,055 | €64,105 | €40,155 | ▼ 37.4% |
| Furniture and vehicles24 | - | €5,737 | €2,556 | - | €30,295 | - |
| Other tangible fixed assets26 | - | €11,159 | €8,369 | €5,580 | €2,790 | ▼ 50.0% |
| Financial fixed assets28 | €17,143 | €17,143 | €17,143 | €17,143 | €17,143 | = |
| Current assets29/58 | €286,661 | €261,994 | €300,899 | €227,595 | €318,124 | ▲ 39.8% |
| Stocks and contracts in progress3 | €15,505 | €18,239 | €44,541 | €11,135 | €16,372 | ▲ 47.0% |
| Stocks30/36 | - | €18,239 | €44,541 | €11,135 | €16,372 | ▲ 47.0% |
| Amounts receivable within one year40/41 | €242,521 | €170,685 | €235,461 | €184,348 | €269,155 | ▲ 46.0% |
| Trade receivables40 | - | €170,685 | €235,461 | €184,348 | €269,155 | ▲ 46.0% |
| Current investments50/53 | - | - | - | €281 | €306 | ▲ 8.7% |
| Cash at bank and in hand54/58 | €28,635 | €73,058 | €20,897 | €31,831 | €18,360 | ▼ 42.3% |
| Deferred charges and accrued income490/1 | - | €13 | - | - | €13,932 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €525,216 | €499,586 | €529,455 | €421,234 | €509,696 | ▲ 21.0% |
| Equity10/15 | €156,981 | €165,567 | €176,404 | €201,295 | €188,669 | ▼ 6.3% |
| Contributions10/11 | €11,155 | €11,155 | €11,155 | €11,155 | €11,155 | = |
| Reserves13 | €34,859 | €42,859 | €52,859 | €73,000 | €88,000 | ▲ 20.5% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €41,000 | €51,000 | €73,000 | €88,000 | ▲ 20.5% |
| Profit (loss) carried forward14 | €110,966 | €111,553 | €112,389 | €117,140 | €89,514 | ▼ 23.6% |
| Amounts payable17/49 | €368,235 | €334,018 | €353,052 | €219,939 | €321,027 | ▲ 46.0% |
| Amounts payable after more than one year17 | €107,105 | €122,183 | €93,187 | €63,974 | €50,835 | ▼ 20.5% |
| Financial debts170/4 | - | €122,183 | €93,187 | €63,974 | €50,835 | ▼ 20.5% |
| Amounts payable within one year42/48 | €244,410 | €211,835 | €259,864 | €155,965 | €270,192 | ▲ 73.2% |
| Current portion of amounts payable after more than one year42 | - | €34,921 | €28,996 | €29,213 | €37,482 | ▲ 28.3% |
| Trade debts44 | €163,306 | €67,534 | €158,451 | €53,404 | €112,798 | ▲ 111% |
| Suppliers440/4 | - | €67,534 | €158,451 | €53,404 | €112,798 | ▲ 111% |
| Advances received on contracts in progress46 | - | - | €44,000 | €29,580 | €21,060 | ▼ 28.8% |
| Taxes, remuneration and social security45 | - | €15,244 | €21,096 | €26,703 | €21,714 | ▼ 18.7% |
| Taxes450/3 | - | €12,760 | €12,847 | €23,390 | €18,431 | ▼ 21.2% |
| Remuneration and social security454/9 | - | €2,484 | €8,249 | €3,312 | €3,283 | ▼ 0.9% |
| Other amounts payable47/48 | - | €94,135 | €7,322 | €17,065 | €77,138 | ▲ 352% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,568 | €8,586 | €10,836 | €37,892 | €37,374 | ▼ 1.4% |
| + Depreciation and write-downs630 | €14,929 | €37,413 | €34,035 | €34,917 | €34,020 | ▼ 2.6% |
| Operating cash flow (approximation) | €16,497 | €45,999 | €44,872 | €72,809 | €71,394 | ▼ 1.9% |
| Investment in fixed assets (approximation) | - | -€36,449 | -€25,000 | €0 | -€31,954 | - |
| Change in cash | - | €44,423 | -€52,161 | €10,934 | -€13,471 | ▼ 223% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 80 days late
2023
31-12
Financial
Highest result since 2018net €37,892 ▲250%
Operating result €65,581, net result €37,892, both a record.
31-12
Financial
Equity above €200,000Eq €201,295 ▲14.1%
6 profitable years in a row build equity to €201,295.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 118 days late
2020
31-12
Financial
Weakest financial yearnet €1,568 ▼93.9%
Net result drops to €1,568, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Equity above €150,000Eq €155,412 ▲19.9%
2 profitable years in a row build equity to €155,412.
08-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 39 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 54 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Clavier · 1 establishment unit since 1987
Ground area
5,923 m²
Building footprint
361 m²
Volume, LiDAR
4,026 m³
Parcel 61060D0108/00E000, Wallonia · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue de la Station 50, 4560 Clavier
since 19872.032.029.937
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61060D0108/00E000 | Wallonia | 5,923 m² | 1 · 361 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteClavier2.032.029.937
Legal Entity Identifier
549300OOZJJ1K7L5F309
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Of 20,577 companies in sector 01500 we hold annual accounts for 1,149. 928 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432602182
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.