Financials
- Fiscal year
- 2025
- Total assets
- €14.5m
- Profit
- €2.6m
- Solvency
- 77.2%
LAGACO
ActiveSummary
LAGACO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.2m and a net result of €2.6m. Equity is growing by ~53.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 196 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Manufacture of textiles
NACE 13100
1 site
Size
€14.5mtotal assets 2025
- Staff
- 1 FTE
- Equity
- €11.2m
- Profit
- €2.6m
Turnover not published (abridged schema)
Structure
- Board
- 1 member
- Holdings
- 2
Accounts 25 d early1 of 7 deeds read
Why 97- 1 change of registered office in 24 months+ Size: 1 FTE, total assets €14.5m+ Figures for FY 2025 (filed 06-07-2026)+ Liquidity: current ratio 2.66, cash €1.4mShow the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Better than 78% of its sector peers (NACE 13, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 77.2% of total assets
Liquidity
56-4
short-term debt 19.0% · cash 9.5%
Profitability
91-9
return on assets 17.8%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%▼ -8.3% vs 11-2024
01-2025: 0.1%● 0.0% vs 12-2024
02-2025: 0.1%● 0.0% vs 01-2025
03-2025: 0.1%▲ +3.0% vs 02-2025
04-2025: 0.2%▲ +16.9% vs 03-2025
05-2025: 0.2%▲ +0.6% vs 04-2025
06-2025: 0.2%▲ +25.6% vs 05-2025
07-2025: 0.3%▲ +42.3% vs 06-2025highest value
08-2025: < 0.1%▼ -82.9% vs 07-2025
09-2025: < 0.1%● 0.0% vs 08-2025
10-2025: < 0.1%● 0.0% vs 09-2025
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%● 0.0% vs 12-2025
02-2026: < 0.1%▼ -18.4% vs 01-2026lowest value
03-2026: < 0.1%● 0.0% vs 02-2026lowest value
04-2026: < 0.1%▲ +10.0% vs 03-2026
05-2026: < 0.1%▲ +2.3% vs 04-2026
06-2026: 0.2%▲ +269% vs 05-2026
07-2026: 0.2%▲ +29.5% vs 06-2026
08-2026: 0.1%▼ -54.9% vs 07-2026
09-2026: 0.1%● 0.0% vs 08-2026
10-2026: 0.1%● 0.0% vs 09-2026
- 1 change of registered office in 24 months raises the probability
- Size: 1 FTE, total assets €14.5m lowers the probability for this profile
- Figures for FY 2025 (filed 06-07-2026) lowers the probability
- Liquidity: current ratio 2.66, cash €1.4m lowers the probability
Credit up to €1,050,000 at 30 days acceptable
Liquidity ample (current ratio 2.66 against 9.1 in 2024; short-term debt: 19% and cash: 9.5% of total assets), and 22.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 13, micro). Better than this share of them on solvency 88%, liquidity 53%, profitability 84%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
29 d early
2023
42 d early
2022
49 d early
2021
46 d early
2020
47 d early
2019
23 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 37 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.
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. Usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Resignation: LAGAST Emanuel Carl Leopold (director)Appointment: The Circular Fiber Group…
- Equity above €10mEq €11.2m ▲30%
Key points
- Positive: Among the best 5% on net resultsector median €39,077 · 196 companies €2.6m View
- Caution: Board changedlatest change 11-05-2026 · 1 in office 1 joined · 1 left View
- Positive: 8 profitable years in a rowprofit 2025: €2.6m 8 years View
- Positive: Always filed on timeaccounts within the deadline every year 7 years View
- Positive: Equity rose in 2025from €8.6m to €11.2m ▲ 30.0% View
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Network & group
- Subsidiaries
- 2
2 subsidiaries
Timeline
- Events
- 17
- Since
- 2017
- Next accounts
- by 31-07-2027
- 06-07-2026Annual accounts filed
- 11-05-2026Resignation: LAGAST Emanuel Carl Leopold (director)
- 31-12-2025Equity above €10m
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of textilesNACE 13100
- Founded
- 06-03-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 14
- Financial year
- From 1 July to 30 June
- Annual meeting
- Second Thursday of November at 15:00
- Purpose
- De nijverheid voor het bereiden van alle soorten vezels; De groothandel in, en de…
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