LAGARDERE
ActiveThe computed 12-month bankruptcy probability of LAGARDERE is 1.6% (moderate). The 2024 annual accounts show negative equity (€-242k) and a net result of €-121k. Equity is shrinking by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 6537 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0▼-22
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.92 against 4.64 in 2023; short-term debt: 45.7% and cash: 41.8% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-92.7%
Return on assets
-46.5%
Age of the figures
21 mo
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-242k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
439 d late
2022
30 d late
2021
304 d late
2020
108 d late
2019
153 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-121k▼ 2.8%
2023 · €-118k
2018: €-37k
2019: €-12k
2020: €-62k
2021: €-83k
2022: €-148k
2023: €-118k
2018 → 2024
Working capital
€109k▼ 56.4%
2023 · €251k
2018: €384k
2019: €393k
2020: €359k
2021: €399k
2022: €302k
2023: €251k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€228k-€145k▼ 36.3%€-3k€-9k▼ 248%€-242k▼ 2,569%
Operating result€-60k-€-80k▼ 33.5%€-147k▼ 83.2%€-117k▲ 20.3%€-122k▼ 4.4%
Net result€-62k-€-83k▼ 32.6%€-148k▼ 78.5%€-118k▲ 20.2%€-121k▼ 2.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €122k in 2024 against €117k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €261k
Fixed assets
€33k▲ 21.3%
Current assets
€229k▼ 28.5%
Key figures and ratios
EBITDA
€-116k▼
2023 · €-50k
Cash flow
€-116k▼
2023 · €-51k
Solvency
-92.7%▼
2023 · -2.6%
Current ratio
1.92▼
2023 · 4.64
Quick ratio
1.24▼
2023 · 2.48
Debt / equity
-2.08▲
2023 · -39.20
ROA
-46.5%▼
2023 · -34.1%
Interest coverage
-862.13▼
2023 · -51.01
Debt
€503k▲
2023 · €356k
Debt ≤ 1 year
€119k▲
2023 · €69k
Debt > 1 year
€384k▲
2023 · €287k
Staff costs
€24k▼
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€346k€261k▼
Fixed assets21/28€27k€33k▲
Intangible fixed assets21€9k€9k=
Tangible fixed assets22/27€4k€177▼
Furniture and vehicles24€4k€177▼
Financial fixed assets28€14k€24k▲
Current assets29/58€320k€229k▼
Stocks and contracts in progress3€148k€81k▼
Stocks30/36€148k€81k▼
Amounts receivable within one year40/41€13k€29k▲
Trade receivables40€9k€19k▲
Other amounts receivable41€3k€10k▲
Current investments50/53€100k€297▼
Cash at bank and in hand54/58€55k€109k▲
Deferred charges and accrued income490/1€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€346k€261k▼
Equity10/15€-9k€-242k▼
Contributions10/11€360k€248k▼
Capital10€360k€248k▼
Issued capital100€360k€248k▼
Reserves13€49k€49k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€-417k€-539k▼
Amounts payable17/49€356k€503k▲
Amounts payable after more than one year17€287k€384k▲
Other amounts payable178/9€287k€384k▲
Amounts payable within one year42/48€69k€119k▲
Trade debts44€9k€52k▲
Suppliers440/4€9k€52k▲
Taxes, remuneration and social security45€59k€67k▲
Taxes450/3€4k€88▼
Remuneration and social security454/9€56k€67k▲
Income statement
Code20232024
Remuneration, social security and pensions62€25k€24k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-45k-
Other operating charges640/8€638€2k▲
Gross operating margin9900€-69k€-90k▼
Operating profit (loss)9901€-117k€-122k▼
Financial income75/76B-€939
Recurring financial income75-€939
Financial charges65/66B€978€135▼
Recurring financial charges65€978€135▼
Profit (loss) for the period before taxes9903€-118k€-121k▼
Profit (loss) for the period9904€-118k€-121k▼
Profit (loss) for the period to be appropriated9905€-118k€-121k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-417k€-539k▼
Profit (loss) brought forward from the previous period14P€-299k€-417k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 74 days late
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 439 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 304 days late
2022
31-12
Financial
Weakest financial yearnet €-148k
Net result drops to €-148k, the lowest in the series; recovery starts the following year.
2021
31-12
Financial
Liquidity times 9current ratio 41.22
Current ratio from 4.80 to 41.22; short-term debt falls from €94k to €10k.
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 108 days late
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 71 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 55 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 194 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koninginnegalerij 191000 BrusselGround area
53 m²
Building footprint
111 m²
Volume, LiDAR
1,928 m³
Parcel 21802B1102/00B003, Brussels · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LAGARDERE
since 19952.071.382.936
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B1102/00B003 | Brussels | 53 m² | 1 · 111 m² | 19.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Van de Heyning
BE 0696.875.219
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THE FUNKY GOLD COMPANY
BE 0695.478.716
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Eden Forever
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Of 2,017 companies in sector 47770 we hold annual accounts for 898. 712 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-03-1995
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
52484
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.