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L.A. GERANCE

Active Private limited companyfounded 1994active for 32 yearsAv de la Croix Rouge 24, 1420 Braine-l'AlleudKBO/BCE: BE 0451.960.117 subsidiary of CS Gestion

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1994
peak €316,853 (2023)
€303,429▲ 7.0%
lowest -€33,666 (2008)
€4,722▲ 322%
peak €81,847 (2025)
€81,847▲ 6.1%
€344,330▲ 1.5%
peak 7.8 FTE (2020)
4.8 FTE▲ 20.0%
Board3 names since 2019
1 directorCS Gestion
Owners
  
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Result from €1,120 to €4,722Staff from 4 FTE to 4.8 FTECash from €6,856 to €42,729

Key points

from the 2025 annual accounts

Equity

€81,847 ▲ 6.1%

L.A. GERANCE has made a profit without a break since 2012.

Debts

€344,330 81% of the balance sheet
Financial debts 77%Suppliers 5%Taxes and wages 12%Other 6%

Of this, €80,785 falls due within a year.

Staff

4.8 FTE from 7.8 in 2020

Between 2020 and 2025, 38% of the full-time equivalents disappeared.

Checked score

66
Healthy
Financially stronger than 42% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.8%highest value 01-2025: 1.8%● unchanged vs 12-2024highest value 02-2025: 1.8%● unchanged vs 01-2025highest value 03-2025: 1.8%● unchanged vs 02-2025highest value 04-2025: 1.1%▼ -0.7 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.2%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 0.9%● unchanged vs 07-2026lowest value 09-2026: 0.9%● unchanged vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value 11-2026: 0.9%● unchanged vs 10-2026lowest value

Financial strength
Average

44=equity 19.2% of total assets
57+7short-term debt 19.0% · cash 10.0%
70+7return on assets 1.1%

Score breakdown

raises risk
Sector: Services to buildings and landscape activities (NACE 81)
Size: 4.8 FTE, total assets €426,177
Equity €81,847 (19.2% of total assets)
lowers risk
Founded in 1994
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 26% of them on solvency, 59% on liquidity, 37% on profitability and 46% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,984 companies had the same profile as L.A. GERANCE has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of L.A. GERANCE itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,984 companies, not a prediction for L.A. GERANCE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.86 (0.61 in 2024), below 1. Short-term debt is 19% and cash 10% of total assets. 80.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
raises risk · Size: 4.8 FTE, total assets €426,177
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €81,847 (19.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1569 sector peers (2025).
NBB · sector comparison
Position among 1569 sector peers
Solvency
better than 24%
← weakest strongest →
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
59 days early
2023
50 days early
2022
39 days early
2021
124 days early
2020
47 days early
2019
59 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 59 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451960117
Change of role: CS Gestion, from manager to director Permanent representative: Valérie COLIGE · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: CS Gestion · General meeting of 15-12-2023 · Gazette deed
Registered office moved from Braine-l'Alleud to Braine l'Aileud New registered office: Avenue de la Croix Rouge 24 à 1420 Braine l'Aileud · Previous registered office: Avenue du Japon 2, 1420 Braine-l'Alleud · General meeting of 01-03-2023 · Gazette deed
Appointment: CS GESTION (director) Permanent representative: Valérie COLIGE · General meeting of 31-12-2019 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
L.A. GERANCE Braine-l'Alleud €0.4m €303,429 19.2% 4.8
SOGIM - SYNDIC Charleroi €0.3m €232,282 39.9% 2.9
ZEEWIND Bruges €0.6m €489,727 22.4% 8.8
VCsyndic Koksijde €0.8m €633,600 74.8% 5.1
W. TEAM Charleroi €0.2m €363,025 -152.9% 5
SYNDIC BEHEER Ostend €0.4m €552,920 45.4% 5.9
RENOVATION - MAINTENANCE ET GESTION D'IMMEUBLES Molenbeek-Saint-Jean €1.1m €255,029 62.2% 3

These companies have the same main activity as L.A. GERANCE: combined facilities support activities (NACE 81100). They are comparable in size and age: total assets between €229,000 and €1.1m, founded between 1985 and 2004.

Official details

Source: KBO
Status
Active since 27-01-1994Normal situation
Activity
Combined facilities support activitiesNACE 81100and 1 other
Establishment unit
2.065.676.4651420 Braine-l'Alleud, since 16-02-1994
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

≈ €590,000estimated
€426,177▲ 2.4%
Employeeson 31-12-2025
5▲ 25.0%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on L.A. GERANCE

L.A. GERANCE files the abbreviated format. That format states no turnover. The gross margin rose from €134,931 in 2007 to €303,429 in 2025.

The balance sheet grew most from 2022 to 2023 through fixed assets.

CS Gestion holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about L.A. GERANCE

What is the company number of L.A. GERANCE?
The company number of L.A. GERANCE is 0451.960.117. The VAT number is the same number with BE in front: BE 0451.960.117.
Where is L.A. GERANCE based?
The registered office is at Av de la Croix Rouge 24, 1420 Braine-l'Alleud.Company details
What does L.A. GERANCE do?
According to the KBO register, the main activity is combined facilities support activities (NACE 81100).
What is the legal form of L.A. GERANCE?
L.A. GERANCE is a private limited company (BV).
When was L.A. GERANCE founded?
L.A. GERANCE was founded on 27-01-1994.
Is L.A. GERANCE still active?
Yes, L.A. GERANCE is an active enterprise in the KBO register.
How many employees does L.A. GERANCE have?
L.A. GERANCE had an average of 4.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of L.A. GERANCE?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €303,429 and 51 comparable companies (NACE 81). It probably lies between €410,000 and €900,000.
Is L.A. GERANCE profitable?
In financial year 2025, L.A. GERANCE made a profit of €4,722.
Where can I find the annual accounts of L.A. GERANCE?
L.A. GERANCE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of L.A. GERANCE due?
L.A. GERANCE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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