LAFARE
ActiveSummary
LAFARE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€35,347. Equity remains stable across the filed fiscal years (±2.2% per year). The computed 12-month bankruptcy probability is 1.4% (low).
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Signals
This company filed its last 7 accounts on average 33 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,616 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6,553 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €126,690 | €117,855 | €130,315 | €132,748 | €135,478 | ▲ 2.1% |
| Other operating charges640/8 | €16,216 | €17,193 | €17,603 | €18,638 | €21,900 | ▲ 17.5% |
| Gross operating margin9900 | €115,285 | €144,190 | €129,182 | €141,330 | €115,031 | ▼ 18.6% |
| Operating profit (loss)9901 | -€34,174 | €9,142 | -€18,736 | -€10,056 | -€42,347 | ▼ 321% |
| Financial income75/76B | - | - | €10 | €154 | €144 | ▼ 6.0% |
| Recurring financial income75 | - | - | €10 | €154 | €144 | ▼ 6.0% |
| Financial charges65/66B | €2,449 | €4,842 | €4,346 | €3,956 | €3,810 | ▼ 3.7% |
| Recurring financial charges65 | €2,449 | €4,842 | €4,346 | €3,956 | €3,810 | ▼ 3.7% |
| Profit (loss) for the period before taxes9903 | -€36,623 | €4,300 | -€23,072 | -€13,858 | -€46,013 | ▼ 232% |
| Transfer from deferred taxes780 | €14,271 | €14,271 | €14,271 | €14,271 | €14,271 | = |
| Income taxes67/77 | €3,183 | €13,808 | €11,893 | €15,054 | €3,605 | ▼ 76.1% |
| Profit (loss) for the period9904 | -€25,535 | €4,763 | -€20,694 | -€14,641 | -€35,347 | ▼ 141% |
| Transfer from tax-exempt reserves789 | €42,814 | €42,814 | €42,814 | €42,814 | €42,814 | = |
| Profit (loss) for the period to be appropriated9905 | €17,279 | €47,577 | €22,120 | €28,172 | €7,467 | ▼ 73.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €2.3m | €2.2m | €2.1m | €2.1m | ▼ 3.1% |
| Fixed assets21/28 | €2.2m | €2.2m | €2.1m | €2.1m | €2.0m | ▼ 4.2% |
| Tangible fixed assets22/27 | €2.2m | €2.2m | €2.1m | €2.1m | €2.0m | ▼ 4.2% |
| Land and buildings22 | €2.2m | €2.2m | €2.1m | €2.1m | €2.0m | ▼ 3.8% |
| Plant, machinery and equipment23 | - | €2,089 | €1,218 | - | - | - |
| Furniture and vehicles24 | €5,538 | €45,442 | €36,159 | €26,080 | €15,120 | ▼ 42.0% |
| Assets under construction and advance payments27 | €2,000 | - | €3,000 | - | - | - |
| Current assets29/58 | €94,345 | €33,038 | €34,466 | €42,615 | €64,397 | ▲ 51.1% |
| Amounts receivable within one year40/41 | €13,800 | - | - | - | €12,535 | - |
| Trade receivables40 | - | - | - | - | €300 | - |
| Other amounts receivable41 | €13,800 | - | - | - | €12,235 | - |
| Cash at bank and in hand54/58 | €79,992 | €28,758 | €33,389 | €34,951 | €50,547 | ▲ 44.6% |
| Deferred charges and accrued income490/1 | €553 | €4,280 | €1,077 | €7,664 | €1,315 | ▼ 82.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €2.3m | €2.2m | €2.1m | €2.1m | ▼ 3.1% |
| Equity10/15 | €1.4m | €1.4m | €1.3m | €1.3m | €1.3m | ▼ 2.7% |
| Contributions10/11 | €633,592 | €633,592 | €633,592 | €633,592 | €633,592 | = |
| Reserves13 | €712,315 | €714,901 | €694,087 | €679,124 | €643,710 | ▼ 5.2% |
| Non-distributable reserves130/1 | €63,359 | €63,359 | - | - | - | - |
| Reserves not available under the articles1311 | €63,359 | €63,359 | - | - | - | - |
| Tax-exempt reserves132 | €451,956 | €409,142 | €366,328 | €323,515 | €280,701 | ▼ 13.2% |
| Distributable reserves133 | €197,000 | €242,400 | €327,759 | €355,609 | €363,009 | ▲ 2.1% |
| Profit (loss) carried forward14 | €7,394 | €7,971 | €8,091 | €8,414 | €8,481 | ▲ 0.8% |
| Provisions and deferred taxes16 | €255,899 | €241,628 | €227,357 | €213,085 | €198,814 | ▼ 6.7% |
| Provisions for liabilities and charges160/5 | - | - | €227,357 | - | - | - |
| Pensions and similar obligations160 | - | - | €227,357 | - | - | - |
| Deferred taxes168 | €255,899 | €241,628 | - | €213,085 | €198,814 | ▼ 6.7% |
| Amounts payable17/49 | €672,276 | €677,447 | €619,322 | €596,896 | €579,545 | ▼ 2.9% |
| Amounts payable after more than one year17 | €219,126 | €292,105 | €263,082 | €242,084 | €229,107 | ▼ 5.4% |
| Financial debts170/4 | €219,126 | €292,105 | €263,082 | €242,084 | €229,107 | ▼ 5.4% |
| Amounts payable within one year42/48 | €451,920 | €384,314 | €353,930 | €342,395 | €344,078 | ▲ 0.5% |
| Current portion of amounts payable after more than one year42 | - | €28,838 | €29,023 | €20,998 | €12,977 | ▼ 38.2% |
| Trade debts44 | - | - | - | - | €717 | - |
| Suppliers440/4 | - | - | - | - | €717 | - |
| Taxes, remuneration and social security45 | - | €3,330 | €1,830 | €3,838 | €2,806 | ▼ 26.9% |
| Taxes450/3 | - | €3,330 | €1,830 | €3,838 | €2,806 | ▼ 26.9% |
| Other amounts payable47/48 | €451,920 | €352,146 | €323,077 | €317,558 | €327,577 | ▲ 3.2% |
| Accrued charges and deferred income492/3 | €1,230 | €1,028 | €2,310 | €12,417 | €6,360 | ▼ 48.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,535 | €4,763 | -€20,694 | -€14,641 | -€35,347 | ▼ 141% |
| + Depreciation and write-downs630 | €126,690 | €117,855 | €130,315 | €132,748 | €135,478 | ▲ 2.1% |
| Operating cash flow (approximation) | €101,155 | €122,618 | €109,621 | €118,107 | €100,131 | ▼ 15.2% |
| Investment in fixed assets (approximation) | - | -€173,225 | -€35,797 | -€73,260 | -€46,727 | ▲ 36.2% |
| Change in cash | - | -€51,234 | €4,631 | €1,562 | €15,596 | ▲ 899% |
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
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332C0056/00F020 | Brussels | 3,700 m² | 1 · 323 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.