La Source - micro scierie locale
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
La Source - micro scierie locale has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,395) and a net result of -€3,611. Equity has been shrinking by about 17% per year since 2023. Its solvency ranks better than 11% of 367 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active since 24-02-2023 Normal situation
- Activity
- Logging NACE 02200and 5 others
- Establishment unit
- 2.343.145.856 1470 Genappe, since 24-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Board and ownership
- DE LEENER Joffrey Philippe GhislainDirector · since 24-02-2023
- MARICHAL Gilles Marie Paul GrégoireDirector · since 24-02-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €20,270
- Turnover
- ≈ €160,000
- estimated
- Loss
- €3,611
- ▼ 95.5%
- Equity
- -€17,395
- ▼ 26.2%
- Total assets
- €136,500
- ▼ 21.6%
- Staff
- 0.4 FTE
Score breakdownraises riskCapped at 59: negative equityNegative equity -€17,395Last filed accounts filed 57 days late; 1 of the last 3 accounts latelowers riskSector: Forestry and logging (NACE 02)Size: total assets €136,500Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 02, micro). It does better than 10% of them on solvency, 19% on liquidity, 27% on profitability and 14% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 1 day after the deadline. In the sector (NACE 02), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€17,395 View
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€3,611 View
- Positive: Result rose in 2025from -€79,632 to -€3,611 ▲ 95.5% View
- Caution: Lower solvency than 88% of companies in forestrysector median 43.5% · 367 companies -12.7% View
Comparable companies
These companies have the same main activity as La Source - micro scierie locale: logging (NACE 02200). They are comparable in size and age: total assets between €71,000 and €141,000, founded between 2022 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| La Source - micro scierie locale Genappe | €136,500 | €20,270 |
| LEBWOOD Ciney | €141,341 | €14,307 |
| MOSELLBOIS Liège | €135,964 | €9,687 |
| SYLVAGRI Herbeumont | €89,645 | €29,175 |
| EXPLOITATION FORESTIERE MASSON YOAN Gedinne | €116,244 | €46,926 |
| HAIESSENTIEL Burdinne | €121,773 | €32,312 |
| L&P Bois Vielsalm | €70,987 | €23,660 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 26-09-2026
- Annual accounts 2024filed on 30-07-2025
- Annual accounts 2023filed on 08-06-2024
Acts in the Belgian Official Gazette
- Amendment of the articlesact of 28-10-2024
- Incorporationact of 28-02-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about La Source - micro scierie locale
- What is the company number of La Source - micro scierie locale?
- The company number of La Source - micro scierie locale is 0798.845.379. The VAT number is the same number with BE in front: BE 0798.845.379.
- Where is La Source - micro scierie locale based?
- The registered office is at Avenue des Combattants 175, 1470 Genappe.Company details
- What does La Source - micro scierie locale do?
- According to the KBO register, the main activity is logging (NACE 02200).
- What is the legal form of La Source - micro scierie locale?
- The legal form of La Source - micro scierie locale is Private limited company (BV).
- When was La Source - micro scierie locale founded?
- La Source - micro scierie locale was founded on 24-02-2023.
- Is La Source - micro scierie locale still active?
- Yes, La Source - micro scierie locale is an active enterprise in the KBO register.
- How many employees does La Source - micro scierie locale have?
- La Source - micro scierie locale had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of La Source - micro scierie locale?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €20,270 and 6,330 comparable companies of the same size. It probably lies between €71,000 and €370,000. It is a rough estimate.
- Is La Source - micro scierie locale profitable?
- In financial year 2025, La Source - micro scierie locale made a loss of €3,611.
- Where can I find the annual accounts of La Source - micro scierie locale?
- La Source - micro scierie locale filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of La Source - micro scierie locale due?
- La Source - micro scierie locale must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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