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LAGH IMMO

Active
Private limited companyfounded 20242 yrs activeRobert Dalechamplaan 91, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 1011.697.627
Summary

The computed 12-month bankruptcy probability of LAGH IMMO is 7.8% (elevated). The 2025 annual accounts show negative equity (-€67,281) and a net result of -€67,781. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
7.8% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18; short-term debt: 29.4% and cash: 5.1% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
-31.9%
Return on assets
-32.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 July 2024, LAGH IMMO was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€67,281
Total assets
€211,226
Net result
-€67,781
Working capital
-€51,134

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €211,226
Fixed assets €200,159
Current assets €11,067
Key figures and ratios
2025 value
EBITDA
-€19,297
Cash flow
-€32,841
Solvency
-31.9%
Current ratio
0.18
Debt to equity
-4.14
ROA
-32.1%
Interest coverage
-1.42
Debt
€278,507
Debt ≤ 1 year
€62,201
Debt > 1 year
€216,306

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 7.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 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 7,663 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
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€211,226
Fixed assets21/28€200,159
Tangible fixed assets22/27€200,159
Land and buildings22€200,159
Current assets29/58€11,067
Cash at bank and in hand54/58€10,824
Deferred charges and accrued income490/1€243
Equity and liabilities
Total equity and liabilities10/49€211,226
Equity10/15-€67,281
Contributions10/11€500
Profit (loss) carried forward14-€67,781
Amounts payable17/49€278,507
Amounts payable after more than one year17€216,306
Financial debts170/4€216,306
Amounts payable within one year42/48€62,201
Current portion of amounts payable after more than one year42€7,617
Other amounts payable47/48€54,583
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,940
Other operating charges640/8€1,776
Gross operating margin9900-€17,522
Operating profit (loss)9901-€54,237
Financial charges65/66B€13,544
Recurring financial charges65€13,544
Profit (loss) for the period before taxes9903-€67,781
Profit (loss) for the period9904-€67,781
Profit (loss) for the period to be appropriated9905-€67,781
Appropriation of the result
Profit (loss) to be appropriated9906-€67,781

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,940
Other operating charges640/8€1,776
Gross operating margin9900-€17,522
Operating profit (loss)9901-€54,237
Financial charges65/66B€13,544
Recurring financial charges65€13,544
Profit (loss) for the period before taxes9903-€67,781
Profit (loss) for the period9904-€67,781
Profit (loss) for the period to be appropriated9905-€67,781
Line2025
Assets
Total assets20/58€211,226
Fixed assets21/28€200,159
Tangible fixed assets22/27€200,159
Land and buildings22€200,159
Current assets29/58€11,067
Cash at bank and in hand54/58€10,824
Deferred charges and accrued income490/1€243
Equity and liabilities
Total equity and liabilities10/49€211,226
Equity10/15-€67,281
Contributions10/11€500
Profit (loss) carried forward14-€67,781
Amounts payable17/49€278,507
Amounts payable after more than one year17€216,306
Financial debts170/4€216,306
Amounts payable within one year42/48€62,201
Current portion of amounts payable after more than one year42€7,617
Other amounts payable47/48€54,583
Line2025
Profit (loss) for the period9904-€67,781
+ Depreciation and write-downs630€34,940
Operating cash flow (approximation)-€32,841

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
132 m²
Building footprint
85 m²
Volume, LiDAR
688 m³
Parcel 21673D0087/00M056, Brussels · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
LAGH IMMO
Robert Dalechamplaan 91, 1200 Sint-Lambrechts-WoluweReal estate activities
since 20242.362.325.924
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21673D0087/00M056 Brussels 131 m² 1 · 85 m² 11.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded17-07-2024
Fiscal year end31-12
Contact
E-mail adam.laghouati09@gmail.com
Phone +33648142411
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.