LAC ENGINEERING
ActiveSummary
LAC ENGINEERING has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41k and a net result of €674. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▲+38
Solvency43▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.23 in 2024; short-term debt: 81.5% and cash: 36.7% of total assets), and 81.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.5%
Return on assets
0.3%
Age of the figures
9 mo
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
29 d early
2023
56 d early
2022
11 d late
2021
26 d late
2020
11 d late
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€41k▲ 1.7%
2024 · €40k
Total assets
€221k▲ 1.9%
2024 · €217k
Net result
€674
2024 · €-39k
Working capital
€41k▲ 1.7%
2024 · €40k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€30k▲ 111%€-28k€-6k▲ 79.2%€-28k▼ 393%€11k
Net result€19k▲ 119%€-31k€-12k▲ 61.8%€-39k▼ 227%€674
Equity€122k▲ 17.9%€91k▼ 25.6%€79k▼ 13.1%€40k▼ 49.4%€41k▲ 1.7%
Total assets€248k▼ 15.8%€246k▼ 0.7%€210k▼ 14.6%€217k▲ 3.2%€221k▲ 1.9%
Debt€125k▼ 34.2%€155k▲ 23.6%€131k▼ 15.5%€176k▲ 35.1%€180k▲ 2.0%
Working capital€122k▲ 17.9%€91k▼ 25.6%€79k▼ 13.1%€40k▼ 49.5%€41k▲ 1.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €28k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets
€154 =
Current assets
€221k ▲ 1.9%
Equity and liabilities €221k
Equity
€41k ▲ 1.7%
Debt
€180k ▲ 2.0%
Debt's share of the balance-sheet total stays at 81.5%.
Key figures and ratios
Current ratio
1.23▼
2024 · 1.23
Quick ratio
1.09▲
2024 · 0.97
Debt to equity
4.41▲
2024 · 4.40
ROE
1.7%▲
2024 · -97.6%
ROA
0.3%▲
2024 · -18.1%
Debt ≤ 1 year
€180k▲
2024 · €176k
Income taxes
€-19▼
2024 · €19
Staff costs
€18k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €15k | €16k | €13k | €15k | €18k | ▲ 18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €253 | - | €41k | - | - |
| Other operating charges640/8 | €149 | €145 | €159 | €165 | €66 | ▼ 60.3% |
| Gross operating margin9900 | €45k | €-11k | €8k | €28k | €29k | ▲ 4.0% |
| Operating profit (loss)9901 | €30k | €-28k | €-6k | €-28k | €11k | ▲ 138% |
| Financial income75/76B | €983 | €410 | €421 | €337 | €130 | ▼ 61.3% |
| Recurring financial income75 | €983 | €410 | €421 | €337 | €130 | ▼ 61.3% |
| Financial charges65/66B | €8k | €4k | €7k | €11k | €10k | ▼ 9.0% |
| Recurring financial charges65 | €8k | €4k | €7k | €11k | €10k | ▼ 9.0% |
| Profit (loss) for the period before taxes9903 | €23k | €-31k | €-12k | €-39k | €656 | ▲ 102% |
| Income taxes67/77 | €5k | €20 | - | €19 | €-19 | ▼ 198% |
| Profit (loss) for the period9904 | €19k | €-31k | €-12k | €-39k | €674 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €19k | €-31k | €-12k | €-39k | €674 | ▲ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €248k | €246k | €210k | €217k | €221k | ▲ 1.9% |
| Fixed assets21/28 | €154 | €154 | €154 | €154 | €154 | = |
| Tangible fixed assets22/27 | - | - | - | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €0 | €0 | - |
| Financial fixed assets28 | €154 | €154 | €154 | €154 | €154 | = |
| Current assets29/58 | €247k | €246k | €210k | €216k | €221k | ▲ 1.9% |
| Stocks and contracts in progress3 | €18k | €55k | €31k | €45k | €24k | ▼ 47.5% |
| Stocks30/36 | €18k | €55k | €31k | €45k | €24k | ▼ 47.5% |
| Amounts receivable within one year40/41 | €102k | €135k | €138k | €133k | €115k | ▼ 13.4% |
| Trade receivables40 | €89k | €122k | €136k | €126k | €115k | ▼ 8.9% |
| Other amounts receivable41 | €13k | €13k | €2k | €7k | €342 | ▼ 95.1% |
| Cash at bank and in hand54/58 | €127k | €55k | €41k | €38k | €81k | ▲ 115% |
| Deferred charges and accrued income490/1 | €86 | €420 | €250 | €101 | €329 | ▲ 227% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €248k | €246k | €210k | €217k | €221k | ▲ 1.9% |
| Equity10/15 | €122k | €91k | €79k | €40k | €41k | ▲ 1.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €102k | €71k | €59k | €20k | €20k | ▲ 3.4% |
| Amounts payable17/49 | €125k | €155k | €131k | €176k | €180k | ▲ 2.0% |
| Amounts payable within one year42/48 | €125k | €155k | €131k | €176k | €180k | ▲ 2.0% |
| Trade debts44 | €1k | €28k | €2k | €51k | €9k | ▼ 82.6% |
| Suppliers440/4 | €1k | €28k | €2k | €51k | €9k | ▼ 82.6% |
| Taxes, remuneration and social security45 | €293 | €2k | - | - | €2k | - |
| Taxes450/3 | €293 | - | - | - | - | - |
| Remuneration and social security454/9 | - | €2k | - | - | €2k | - |
| Other amounts payable47/48 | €123k | €125k | €129k | €125k | €169k | ▲ 34.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €-31k | €-12k | €-39k | €674 | ▲ 102% |
| Operating cash flow (approximation) | €19k | €-31k | €-12k | €-39k | €674 | ▲ 102% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-72k | €-15k | €-3k | €43k | ▲ 1,654% |
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
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €674
Net result €674 after 3 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Equity above €100kEq €104k ▲8.9%
3 profitable years in a row build equity to €104k.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Highest result since 2018net €28k ▲439%
Operating result €44k, net result €28k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2005
Ground area
506 m²
Building footprint
64 m²
Volume, LiDAR
388 m³
Parcel 25016A0284/00F004, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAC ENGINEERING
since 20052.148.045.796
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25016A0284/00F004 | Wallonia | 506 m² | 1 · 64 m² | 7.3 m · 2 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.
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Of 828 companies in sector 46620 we hold annual accounts for 642. 255 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
Founded12-07-2005
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
46630Wholesale trade
46900Non-specialised wholesale trade
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.