L.A. GERANCE
ActiveL.A. GERANCE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €77k and a net result of €1k. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 686 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-13
Solvency44▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.64 in 2023; short-term debt: 13.3% and cash: 1.6% of total assets), and 81.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 81
Relative position
BE, all sectors
reference
Sector 81
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
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
18.5%
Return on assets
0.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
50 d early
2022
39 d early
2021
124 d early
2020
47 d early
2019
59 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1k▼ 95.9%
2023 · €27k
2018: €23k
2019: €27k
2020: €17k
2021: €13k
2022: €26k
2023: €27k
2018 → 2024
Working capital
€-22k▲ 33.7%
2023 · €-32k
2018: €14k
2019: €22k
2020: €32k
2021: €30k
2022: €-41k
2023: €-32k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€33k▼ 1.0%€59k▲ 80.0%€76k▲ 29.0%€77k▲ 1.5%
Operating result€29k-€25k▼ 12.7%€44k▲ 75.0%€49k▲ 10.8%€18k▼ 62.6%
Net result€17k-€13k▼ 25.9%€26k▲ 107%€27k▲ 3.3%€1k▼ 95.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 63% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €416k
Fixed assets
€383k▼ 7.2%
Current assets
€34k▼ 41.4%
Equity and liabilities €416k
Equity
€77k▲ 1.5%
Debt
€339k▼ 13.8%
The debt ratio falls from 83.8% to 81.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2023 · €82k
Cash flow
€34k▼
2023 · €60k
Solvency
18.5%▲
2023 · 16.2%
Current ratio
0.61▼
2023 · 0.64
Quick ratio
0.61▼
2023 · 0.64
Debt / equity
4.40▼
2023 · 5.18
ROE
1.5%▼
2023 · 35.6%
ROA
0.3%▼
2023 · 5.8%
Interest coverage
5.24▼
2023 · 7.88
Debt
€339k▼
2023 · €394k
Debt ≤ 1 year
€55k▼
2023 · €90k
Debt > 1 year
€284k▼
2023 · €304k
Income taxes
€7k▼
2023 · €11k
Staff costs
€199k▼
2023 · €207k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€470k€416k▼
Fixed assets21/28€412k€383k▼
Tangible fixed assets22/27€412k€382k▼
Land and buildings22€397k€368k▼
Plant, machinery and equipment23€6k€6k▲
Furniture and vehicles24€10k€8k▼
Financial fixed assets28€80€80=
Current assets29/58€57k€34k▼
Amounts receivable within one year40/41€21k€27k▲
Trade receivables40€21k€19k▼
Other amounts receivable41-€8k
Cash at bank and in hand54/58€36k€7k▼
Deferred charges and accrued income490/1€37-
Equity and liabilities
Total equity and liabilities10/49€470k€416k▼
Equity10/15€76k€77k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€56k€57k▲
Amounts payable17/49€394k€339k▼
Amounts payable after more than one year17€304k€284k▼
Financial debts170/4€304k€284k▼
Amounts payable within one year42/48€90k€55k▼
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€22k€20k▼
Suppliers440/4€22k€20k▼
Taxes, remuneration and social security45€39k€15k▼
Taxes450/3€9k€1k▼
Remuneration and social security454/9€30k€14k▼
Other amounts payable47/48€10k-
Income statement
Code20232024
Remuneration, social security and pensions62€207k€199k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k▲
Other operating charges640/8€28k€33k▲
Gross operating margin9900€317k€284k▼
Operating profit (loss)9901€49k€18k▼
Financial income75/76B€2€3▲
Recurring financial income75€2€3▲
Financial charges65/66B€10k€10k▼
Recurring financial charges65€10k€10k▼
Profit (loss) for the period before taxes9903€38k€8k▼
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€27k€1k▼
Profit (loss) for the period to be appropriated9905€27k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€57k▼
Profit (loss) brought forward from the previous period14P€38k€56k▲
Profit to be distributed694/7€10k-
Directors or managers695€10k-
Social balance
Average headcount (FTE)90874.84.0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €1k ▼95.9%
Net result drops to €1k, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €27k ▲20.1%
Net result €27k, the highest in the series.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Braine-l'Alleud · 1 establishment unit since 1994
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.
Av de la Croix Rouge 241420 Braine-l'AlleudGround area
381 m²
Building footprint
98 m²
Volume, LiDAR
1,080 m³
Parcel 25742A0301/00_000, Wallonia · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Av de la Croix Rouge 24, 1420 Braine-l'Alleud
since 19942.065.676.465
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742A0301/00_000 | Wallonia | 381 m² | 1 · 98 m² | 12.9 m · 4 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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IMAA-SIS
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ARSI
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Of 1,280 companies in sector 81100 we hold annual accounts for 677. 414 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-1994
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
70321
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.