LAFICO
ActiveSummary
LAFICO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169,854 and a net result of €64,453. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 32% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-3
Solvency53▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.68 in 2024; short-term debt: 12.7% and cash: 7.6% of total assets), and 72.3% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
27.7%
Return on assets
10.5%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €169,854
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-12-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
32 d early
2023
25 d early
2022
23 d early
2021
31 d early
2020
8 d early
2019
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#3 company by total assets in Eghezée, Administrative and support services sector#7 company by equity in Eghezée, Administrative and support services sector#8 oldest company in Eghezée, Administrative and support services sector
Equity
€169,854▲ 16.8%
2024 · €145,401
Total assets
€612,324▲ 3.0%
2024 · €594,743
Net result
€64,453▼ 14.8%
2024 · €75,658
Working capital
€25,446
2024 · -€21,684
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€94,152▲ 27.9%€86,407▼ 8.2%-€191,033€115,256€99,439▼ 13.7%
Net result€55,022above the sector's middle half▲ 19.4%€54,549above the sector's middle half▼ 0.9%-€221,363below the sector's middle half€75,658above the sector's middle half€64,453above the sector's middle half▼ 14.8%
Equity€232,422above the sector's middle half▲ 24.0%€271,971above the sector's middle half▲ 17.0%€109,743within the sector's middle half▼ 59.6%€145,401within the sector's middle half▲ 32.5%€169,854above the sector's middle half▲ 16.8%
Total assets€731,344above the sector's middle half▼ 2.3%€784,707above the sector's middle half▲ 7.3%€630,090above the sector's middle half▼ 19.7%€594,743above the sector's middle half▼ 5.6%€612,324above the sector's middle half▲ 3.0%
Debt€498,922▼ 11.1%€512,736▲ 2.8%€520,347▲ 1.5%€449,341▼ 13.6%€442,470▼ 1.5%
Working capital-€85,521below the sector's middle half▲ 28.9%-€91,500below the sector's middle half▼ 7.0%-€33,025below the sector's middle half▲ 63.9%-€21,684below the sector's middle half▲ 34.3%€25,446within the sector's middle half
Solvency31.8%within the sector's middle half▲ 6.7pp34.7%within the sector's middle half▲ 2.9pp17.4%within the sector's middle half▼ 17.2pp24.4%within the sector's middle half▲ 7.0pp27.7%within the sector's middle half▲ 3.3pp
Current ratio0.20below the sector's middle half▲ 0.080.16below the sector's middle half▼ 0.050.61below the sector's middle half▲ 0.450.68below the sector's middle half▲ 0.071.33within the sector's middle half▲ 0.65
Return on assets (ROA)7.5%within the sector's middle half▲ 1.4pp7.0%within the sector's middle half▼ 0.6pp-35.1%below the sector's middle half▼ 42.1pp12.7%within the sector's middle half▲ 47.9pp10.5%within the sector's middle half▼ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €612,324
Fixed assets
€509,370 ▼ 7.1%
Current assets
€102,955 ▲ 121%
Equity and liabilities €612,324
Equity
€169,854 ▲ 16.8%
Debt
€442,470 ▼ 1.5%
Debt's share of the balance-sheet total falls from 75.6% to 72.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€135,870▼
2024 · €152,455
Cash flow
€100,883▼
2024 · €112,857
Debt to equity
2.60▼
2024 · 3.09
ROE
37.9%▼
2024 · 52.0%
Interest coverage
11.21▼
2024 · 12.75
Debt ≤ 1 year
€77,509▲
2024 · €68,282
Debt > 1 year
€363,039▼
2024 · €379,288
Income taxes
€23,227▼
2024 · €27,833
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,613 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,127 | €25,685 | €41,061 | €37,199 | €36,430 | ▼ 2.1% |
| Other operating charges640/8 | - | €2,875 | €4,334 | €3,084 | €3,467 | ▲ 12.4% |
| Non-recurring operating charges66A | - | €75 | €296,268 | €4,337 | €12,579 | ▲ 190% |
| Gross operating margin9900 | €108,917 | €115,042 | €150,630 | €159,876 | €151,916 | ▼ 5.0% |
| Operating profit (loss)9901 | €94,152 | €86,407 | -€191,033 | €115,256 | €99,439 | ▼ 13.7% |
| Financial income75/76B | - | - | €0 | €190 | €365 | ▲ 91.8% |
| Recurring financial income75 | - | - | €0 | €190 | €365 | ▲ 91.8% |
| Financial charges65/66B | - | €11,061 | €10,937 | €11,955 | €12,124 | ▲ 1.4% |
| Recurring financial charges65 | €11,091 | €11,061 | €10,937 | €11,955 | €12,124 | ▲ 1.4% |
| Profit (loss) for the period before taxes9903 | €83,062 | €75,346 | -€201,970 | €103,491 | €87,680 | ▼ 15.3% |
| Income taxes67/77 | €28,040 | €20,796 | €19,393 | €27,833 | €23,227 | ▼ 16.5% |
| Profit (loss) for the period9904 | €55,022 | €54,549 | -€221,363 | €75,658 | €64,453 | ▼ 14.8% |
| Profit (loss) for the period to be appropriated9905 | €55,022 | €54,549 | -€221,363 | €75,658 | €64,453 | ▼ 14.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €731,344 | €784,707 | €630,090 | €594,743 | €612,324 | ▲ 3.0% |
| Fixed assets21/28 | €709,406 | €767,558 | €578,297 | €548,145 | €509,370 | ▼ 7.1% |
| Tangible fixed assets22/27 | €380,449 | €438,601 | €545,608 | €519,793 | €481,018 | ▼ 7.5% |
| Land and buildings22 | - | €366,471 | €435,059 | €424,483 | €470,182 | ▲ 10.8% |
| Furniture and vehicles24 | - | €68,494 | €107,294 | €92,913 | €9,294 | ▼ 90.0% |
| Other tangible fixed assets26 | - | €3,637 | €3,255 | €2,398 | €1,542 | ▼ 35.7% |
| Financial fixed assets28 | €328,957 | €328,957 | €32,689 | €28,352 | €28,352 | = |
| Current assets29/58 | €21,938 | €17,149 | €51,794 | €46,598 | €102,955 | ▲ 121% |
| Amounts receivable after more than one year29 | - | €2,211 | €2,443 | €2,675 | €2,907 | ▲ 8.7% |
| Other amounts receivable291 | - | €2,211 | €2,443 | €2,675 | €2,907 | ▲ 8.7% |
| Amounts receivable within one year40/41 | €14,399 | €14,212 | €24,819 | €20,780 | €51,387 | ▲ 147% |
| Trade receivables40 | - | €14,212 | €20,212 | €16,173 | €29,740 | ▲ 83.9% |
| Other amounts receivable41 | - | - | €4,607 | €4,607 | €21,647 | ▲ 370% |
| Cash at bank and in hand54/58 | €5,012 | €177 | €23,282 | €21,474 | €46,762 | ▲ 118% |
| Deferred charges and accrued income490/1 | - | €549 | €1,250 | €1,668 | €1,899 | ▲ 13.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €731,344 | €784,707 | €630,090 | €594,743 | €612,324 | ▲ 3.0% |
| Equity10/15 | €232,422 | €271,971 | €109,743 | €145,401 | €169,854 | ▲ 16.8% |
| Contributions10/11 | €6,200 | €6,200 | €8,060 | €8,060 | €8,060 | = |
| Revaluation surpluses12 | - | - | €79,135 | €79,135 | €79,135 | = |
| Reserves13 | €1,860 | €1,860 | - | €30,000 | €60,000 | ▲ 100% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €30,000 | €60,000 | ▲ 100% |
| Profit (loss) carried forward14 | €224,362 | €263,911 | €22,548 | €28,206 | €22,659 | ▼ 19.7% |
| Amounts payable17/49 | €498,922 | €512,736 | €520,347 | €449,341 | €442,470 | ▼ 1.5% |
| Amounts payable after more than one year17 | €389,393 | €401,845 | €433,513 | €379,288 | €363,039 | ▼ 4.3% |
| Financial debts170/4 | - | €401,845 | €433,513 | €379,288 | €363,039 | ▼ 4.3% |
| Amounts payable within one year42/48 | €107,459 | €108,649 | €84,819 | €68,282 | €77,509 | ▲ 13.5% |
| Current portion of amounts payable after more than one year42 | - | €58,315 | €79,826 | €56,590 | €65,861 | ▲ 16.4% |
| Financial debts43 | - | €14,213 | €0 | - | - | - |
| Credit institutions430/8 | - | €14,213 | €0 | - | - | - |
| Trade debts44 | - | €5,704 | €54 | €71 | €152 | ▲ 114% |
| Suppliers440/4 | - | €5,704 | €54 | €71 | €152 | ▲ 114% |
| Taxes, remuneration and social security45 | - | €14,628 | €2,672 | €9,207 | €1,496 | ▼ 83.7% |
| Taxes450/3 | - | €12,428 | €2,672 | €6,607 | €1,496 | ▼ 77.4% |
| Remuneration and social security454/9 | - | €2,200 | - | €2,600 | - | - |
| Other amounts payable47/48 | - | €15,789 | €2,266 | €2,413 | €10,000 | ▲ 314% |
| Accrued charges and deferred income492/3 | - | €2,243 | €2,015 | €1,772 | €1,922 | ▲ 8.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,022 | €54,549 | -€221,363 | €75,658 | €64,453 | ▼ 14.8% |
| + Depreciation and write-downs630 | €13,127 | €25,685 | €41,061 | €37,199 | €36,430 | ▼ 2.1% |
| Operating cash flow (approximation) | €68,149 | €80,235 | -€180,302 | €112,857 | €100,883 | ▼ 10.6% |
| Investment in fixed assets (approximation) | - | -€83,838 | €148,201 | -€7,048 | €2,345 | ▲ 133% |
| Change in cash | - | -€4,835 | €23,105 | -€1,808 | €25,288 | ▲ 1,499% |
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
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €150,000Eq €169,854 ▲16.8%
2 profitable years in a row build equity to €169,854.
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €75,658
Net result €75,658 after one loss-making year.
06-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet -€221,363
Net result drops to -€221,363, the lowest in the series; recovery starts the following year.
08-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €200,000Eq €232,422 ▲24%
3 profitable years in a row build equity to €232,422.
23-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150,000Eq €187,400 ▲32.6%
2 profitable years in a row build equity to €187,400.
04-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Eghezée · 2 establishment units since 2005
Ground area
1,574 m²
Building footprint
400 m²
Volume, LiDAR
3,869 m³
2 parcels, Flanders, Wallonia · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
LAFICO
since 20052.160.166.046
Gentstraat 2, 8430 Middelkerke
since 20202.301.782.383
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92023A0440/00H000 | Wallonia | 1,324 m² | 1 · 150 m² | - |
| 35011B0180/00V092 | Flanders | 250 m² | 1 · 250 m² | 19.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,531 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
Founded05-07-2005
Fiscal year end30-06
Activities, NACEBEL 2025
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0874876850
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.