LA BUANDERIE

Active

Cooperative companyfounded 200718 yrs activeRue de la Cité 18, 4800 Verviers, BelgiumKBO/BCE: BE 0892.328.437

LA BUANDERIE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €980k and a net result of €-2k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 575 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2024

71 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability50▼-21

Solvency86▼-4

Growth52=

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €65k at 30 days acceptable

Liquidity tight (current ratio 1.29 against 2.3 in 2023; short-term debt: 36.7% and cash: 13.6% of total assets), and 38.6% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

61.4%

Return on assets

-0.1%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

63 d late

2022

31 d early

2021

31 d early

2020

31 d early

2019

17 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-2k

2023 · €24k

2018: €112k 2019: €80k 2020: €-42k 2021: €256k 2022: €16k 2023: €24k

2018 → 2024

Working capital

€172k▼ 73.9%

2023 · €660k

2018: €679k 2019: €754k 2020: €700k 2021: €947k 2022: €657k 2023: €660k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€716k-€972k▲ 35.8%€959k▼ 1.3%€983k▲ 2.5%€980k▼ 0.2%

Operating result€-38k-€260k€21k▼ 91.7%€38k▲ 75.4%€-13k

Net result€-42k-€256k€16k▼ 93.9%€24k▲ 52.0%€-2k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €13k after €38k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.60M

52.5%

47.5%

Fixed assets €838k▲ 136%

Current assets €758k▼ 35.0%

Equity and liabilities €1.60M

61.4%

37.3%

Equity €980k▼ 0.2%

Provisions €20k=

Debt €596k▲ 14.8%

The debt ratio rises from 34.1% to 37.3%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€23k▼

2023 · €70k

Cash flow

€34k▼

2023 · €56k

Solvency

61.4%▼

2023 · 64.6%

Current ratio

1.29▼

2023 · 2.30

Quick ratio

1.29▼

2023 · 2.30

Debt / equity

0.61▲

2023 · 0.53

ROE

-0.2%▼

2023 · 2.4%

ROA

-0.1%▼

2023 · 1.6%

Interest coverage

3.72▼

2023 · 31.06

Debt

€596k▲

2023 · €519k

Debt ≤ 1 year

€586k▲

2023 · €507k

Debt > 1 year

€10k▼

2023 · €12k

Income taxes

€3k▼

2023 · €14k

Staff costs

€3.51M▲

2023 · €3.30M

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€1.52M€1.60M▲

Fixed assets21/28€355k€838k▲

Intangible fixed assets21€3k€29k▲

Tangible fixed assets22/27€77k€80k▲

Furniture and vehicles24€77k€72k▼

Other tangible fixed assets26-€9k

Financial fixed assets28€276k€728k▲

Current assets29/58€1.17M€758k▼

Amounts receivable within one year40/41€227k€274k▲

Trade receivables40€4k€26k▲

Other amounts receivable41€224k€247k▲

Current investments50/53€479k€254k▼

Cash at bank and in hand54/58€460k€217k▼

Deferred charges and accrued income490/1€731€14k▲

Equity and liabilities

Total equity and liabilities10/49€1.52M€1.60M▲

Equity10/15€983k€980k▼

Contributions10/11€56k€56k=

Reserves13€927k€927k=

Non-distributable reserves130/1€6k€6k=

Reserves not available under the articles1311€6k€6k=

Tax-exempt reserves132€921k€921k=

Profit (loss) carried forward14-€-2k

Provisions and deferred taxes16€20k€20k=

Provisions for liabilities and charges160/5€20k€20k=

Other liabilities and charges164/5€20k€20k=

Amounts payable17/49€519k€596k▲

Amounts payable after more than one year17€12k€10k▼

Financial debts170/4€12k€10k▼

Amounts payable within one year42/48€507k€586k▲

Current portion of amounts payable after more than one year42€24k€81k▲

Trade debts44€29k€62k▲

Suppliers440/4€29k€62k▲

Taxes, remuneration and social security45€413k€426k▲

Taxes450/3€79k€82k▲

Remuneration and social security454/9€334k€345k▲

Other amounts payable47/48€42k€16k▼

Accrued charges and deferred income492/3-€0

Income statement Code20232024

Remuneration, social security and pensions62€3.30M€3.51M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€36k▲

Other operating charges640/8€4k€2k▼

Gross operating margin9900€3.38M€3.53M▲

Operating profit (loss)9901€38k€-13k▼

Financial income75/76B€2k€20k▲

Recurring financial income75€2k€20k▲

Financial charges65/66B€2k€6k▲

Recurring financial charges65€2k€6k▲

Profit (loss) for the period before taxes9903€38k€495▼

Income taxes67/77€14k€3k▼

Profit (loss) for the period9904€24k€-2k▼

Transfer to tax-exempt reserves689€24k-

Profit (loss) for the period to be appropriated9905-€-2k

Appropriation of the result

Profit (loss) to be appropriated9906-€-2k

Social balance

Average headcount (FTE)9087120.0116.3▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 28 days late

2024

02-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 63 days late

2023

30-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

30-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Back to profitnet €256k

Net result €256k after one loss-making year.

30-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Weakest financial yearnet €-42k ▼153%

Net result drops to €-42k, the lowest in the series; recovery starts the following year.

17-08

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 17 days late

2019

31-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

07-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 7 days late

2017

10-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 10 days late

2016

03-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 3 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

11 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, Verviers · 3 establishment units since 2007

establishment approximate All 3 establishment units on the map

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.

Rue de la Cité 184800 Verviers

Ground area

1.1 ha

Building footprint

2,642 m²

Volume, LiDAR

14,873 m³

4 parcels, Wallonia · tallest building 12.4 m, ±4 floors. Linked by address, not a title deed.

3 establishment units

LA BUANDERIE

Rue Charles Rittwéger 37, 4910 TheuxNACE 74501

since 20072.166.435.117

LA BUANDERIE

Avenue des Alliés 65, 4960 MalmedyEmployment placement agencies

since 20102.218.261.623

LA BUANDERIE

Rue de Henri-Chapelle 7, 4651 HerveEmployment placement agencies

since 20132.218.286.763

4 parcels

Wallonia 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63006B0036/00R002	Wallonia	9,413 m²	1 · 2,199 m²	7.6 m · 2 fl.
63076B1114/00E000	Wallonia	1,349 m²	1 · 234 m²	12.4 m · 4 fl.
63049F0360/00X010	Wallonia	535 m²	1 · 162 m²	-
63572B0089/00S002	Wallonia	170 m²	1 · 47 m²	11.0 m · 3 fl.