LAGAE JP&E
ActiveSummary
LAGAE JP&E has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.03M and a net result of €229k. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▲+9
Solvency80▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 20.8 against 26.31 in 2024; short-term debt: 4.8% and cash: 10.6% of total assets), and 45.2% of the assets are financed with debt.
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Signals
Six 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
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
54.8%
Return on assets
6.2%
Age of the figures
12 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
1819202122232425
2018 to 2025 · latest year €2.03M
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
21 d early
2023
13 d early
2022
11 d early
2021
19 d early
2020
8 d early
2019
27 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 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
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€229k
2024 · €-42k
Working capital
€3.53M▲ 6.9%
2024 · €3.30M
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€-34k▼ 17.4%€-32k▲ 5.0%€-35k▼ 8.7%€-28k▲ 19.7%€-36k▼ 27.3%
Net result€102k▲ 366%€19k▼ 81.6%€19k▲ 2.1%€-42k€229k
Equity€1.89M▲ 5.7%€1.83M▼ 3.5%€1.85M▲ 1.0%€1.80M▼ 2.3%€2.03M▲ 12.7%
Total assets€3.41M▲ 2.8%€3.43M▲ 0.5%€3.43M▲ 0.2%€3.44M=€3.71M▲ 8.1%
Debt€14k▼ 41.5%€99k▲ 601%€87k▼ 12.5%€131k▲ 50.9%€178k▲ 36.7%
Working capital€3.39M▲ 3.1%€3.33M▼ 2.0%€3.35M▲ 0.6%€3.30M▼ 1.3%€3.53M▲ 6.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2025 against €28k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.71M
Fixed assets
€627 ▲ 880%
Current assets
€3.71M ▲ 8.0%
Equity and liabilities €3.71M
Equity
€2.03M ▲ 12.7%
Provisions
€1.50M =
Debt
€178k ▲ 36.7%
Debt's share of the balance-sheet total rises from 3.8% to 4.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-36k▼
2024 · €-28k
Cash flow
€229k▲
2024 · €-42k
Current ratio
20.80▼
2024 · 26.31
Debt to equity
0.09▲
2024 · 0.07
ROE
11.3%▲
2024 · -2.3%
ROA
6.2%▲
2024 · -1.2%
Interest coverage
-1.16▼
2024 · -0.94
Debt ≤ 1 year
€178k▲
2024 · €131k
Income taxes
€79k▲
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €558 | €381 | €381 | €64 | ▼ 83.3% |
| Other operating charges640/8 | €11k | - | €868 | €1k | €9k | ▲ 762% |
| Gross operating margin9900 | €-23k | €-32k | €-34k | €-27k | €-27k | ▼ 1.6% |
| Operating profit (loss)9901 | €-34k | €-32k | €-35k | €-28k | €-36k | ▼ 27.3% |
| Financial income75/76B | €231k | €52k | €78k | €31k | €375k | ▲ 1,110% |
| Recurring financial income75 | €231k | €52k | €78k | €31k | €375k | ▲ 1,110% |
| Financial charges65/66B | €58k | €17k | €12k | €30k | €31k | ▲ 4.1% |
| Recurring financial charges65 | €58k | €17k | €12k | €30k | €31k | ▲ 4.1% |
| Profit (loss) for the period before taxes9903 | €139k | €3k | €31k | €-27k | €308k | ▲ 1,232% |
| Income taxes67/77 | €36k | €-16k | €12k | €15k | €79k | ▲ 423% |
| Profit (loss) for the period9904 | €102k | €19k | €19k | €-42k | €229k | ▲ 640% |
| Profit (loss) for the period to be appropriated9905 | €102k | €19k | €19k | €-42k | €229k | ▲ 640% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.41M | €3.43M | €3.43M | €3.44M | €3.71M | ▲ 8.1% |
| Fixed assets21/28 | - | €826 | €445 | €64 | €627 | ▲ 880% |
| Tangible fixed assets22/27 | - | €826 | €445 | €64 | €627 | ▲ 880% |
| Plant, machinery and equipment23 | - | €826 | €445 | €64 | €627 | ▲ 880% |
| Current assets29/58 | €3.41M | €3.43M | €3.43M | €3.43M | €3.71M | ▲ 8.0% |
| Amounts receivable within one year40/41 | €228k | €171k | €105k | €105k | €107k | ▲ 1.4% |
| Trade receivables40 | €95k | €95k | €94k | €95k | €96k | ▲ 1.3% |
| Other amounts receivable41 | €133k | €76k | €11k | €10k | €11k | ▲ 1.9% |
| Current investments50/53 | €2.61M | €2.99M | €3.23M | €3.26M | €3.21M | ▼ 1.6% |
| Cash at bank and in hand54/58 | €565k | €264k | €100k | €69k | €395k | ▲ 471% |
| Deferred charges and accrued income490/1 | €352 | €193 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.41M | €3.43M | €3.43M | €3.44M | €3.71M | ▲ 8.1% |
| Equity10/15 | €1.89M | €1.83M | €1.85M | €1.80M | €2.03M | ▲ 12.7% |
| Contributions10/11 | €1.03M | €1.03M | €1.03M | €1.13M | €1.03M | ▼ 9.1% |
| Reserves13 | €863k | €796k | €815k | €712k | €1.00M | ▲ 41.1% |
| Non-distributable reserves130/1 | €103k | €103k | €103k | - | - | - |
| Reserves not available under the articles1311 | €103k | €103k | €103k | - | - | - |
| Distributable reserves133 | €760k | €693k | €712k | €712k | €1.00M | ▲ 41.1% |
| Profit (loss) carried forward14 | €4k | €4k | €4k | €-38k | €887 | ▲ 102% |
| Provisions and deferred taxes16 | €1.50M | €1.50M | €1.50M | €1.50M | €1.50M | = |
| Provisions for liabilities and charges160/5 | €1.50M | €1.50M | €1.50M | - | - | - |
| Other liabilities and charges164/5 | €1.50M | €1.50M | €1.50M | - | - | - |
| Deferred taxes168 | - | - | - | €1.50M | €1.50M | = |
| Amounts payable17/49 | €14k | €99k | €87k | €131k | €178k | ▲ 36.7% |
| Amounts payable within one year42/48 | €14k | €99k | €87k | €131k | €178k | ▲ 36.7% |
| Trade debts44 | €605 | €605 | €605 | €605 | €29k | ▲ 4,729% |
| Suppliers440/4 | €605 | €605 | €605 | €605 | €29k | ▲ 4,729% |
| Taxes, remuneration and social security45 | €14k | - | €4k | - | €64k | - |
| Taxes450/3 | €14k | - | €4k | - | €64k | - |
| Other amounts payable47/48 | - | €98k | €81k | €130k | €85k | ▼ 34.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €102k | €19k | €19k | €-42k | €229k | ▲ 640% |
| + Depreciation and write-downs630 | - | €558 | €381 | €381 | €64 | ▼ 83.3% |
| Operating cash flow (approximation) | €102k | €19k | €20k | €-42k | €229k | ▲ 645% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €-627 | - |
| Change in cash | - | €-301k | €-164k | €-31k | €326k | ▲ 1,153% |
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
24-09
State Gazette act
General meeting · Statutes amendmentPower of attorney5 facts ▸
State Gazette act
General meeting · Statutes amendment
Power of attorney5 facts ▸
- General meeting, 07-09-2026
- Statutes amendment, 23
- Statutes amendment, 16
- Power of attorney
- Other statement, clôture de l'assemblée, true
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €229k
Net result €229k after one loss-making year.
30-09
Financial
Equity above €2MEq €2.03M ▲12.7%
Equity rises from €1.80M to €2.03M.
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1991
Ground area
1,077 m²
Building footprint
1,028 m²
Volume, LiDAR
20,881 m³
2 parcels, Brussels · tallest building 29.9 m, ±8 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
Koningsstraat 55/4, 1000 Brussel
since 19912.190.725.006
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C1124/00G000 | Brussels | 805 m² | 1 · 767 m² | 29.9 m · 8 fl. |
| 21802B0889/00P000 | Brussels | 272 m² | 1 · 261 m² | 26.6 m · 8 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.
Articles of association
Financial year
From 1 July to 30 June
Annual meeting
Second Monday of December at 14:00
Recognitions · licences · registrations
Legal Entity Identifier
967600AXKE6OH1QIR019
Identification & contact
Identification
Legal formPrivate limited company
Founded26-03-1991
Fiscal year end30-09
Scores and ratios are computed by Checked and are not a credit decision.