LAGO BV
ActiveLAGO BV has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €5k. Equity is growing by ~40.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+35
Solvency9▲+2
Growth78=
Stability94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.07 in 2024), and 86% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
14%
Return on assets
2.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 4 filingsDeviation from the deadline
2025
21 d late
2024
61 d late
2023
29 d late
2022
60 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 24.9%
2024 · €20k
2022: €-6k
2023: €18k
2024: €20k
2022 → 2025
Total assets
€182k▼ 3.0%
2024 · €187k
2022: €195k
2023: €196k
2024: €187k
2022 → 2025
Net result
€5k▲ 90.3%
2024 · €3k
2022: €-9k
2023: €24k
2024: €3k
2022 → 2025
Working capital
€-58k▼ 24.1%
2024 · €-47k
2022: €-35k
2023: €-33k
2024: €-47k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-6k-€18k€20k▲ 15.1%€25k▲ 24.9%
Operating result€-5k-€9k€12k▲ 26.5%€15k▲ 21.5%
Net result€-9k-€24k€3k▼ 88.7%€5k▲ 90.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 21% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182k
Fixed assets
€178k▼ 3.0%
Current assets
€3k▼ 3.4%
Equity and liabilities €182k
Equity
€25k▲ 24.9%
Debt
€156k▼ 6.4%
The debt ratio falls from 89.1% to 86.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€20k▲
2024 · €17k
Cash flow
€11k▲
2024 · €8k
Solvency
14.0%▲
2024 · 10.9%
Current ratio
0.06▼
2024 · 0.07
Quick ratio
0.06▼
2024 · 0.07
Debt / equity
6.13▼
2024 · 8.18
ROE
20.0%▲
2024 · 13.1%
ROA
2.8%▲
2024 · 1.4%
Interest coverage
2.63▲
2024 · 2.05
Debt
€156k▼
2024 · €167k
Debt ≤ 1 year
€62k▲
2024 · €51k
Debt > 1 year
€94k▼
2024 · €116k
Income taxes
€2k▲
2024 · €852
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€187k€182k▼
Fixed assets21/28€184k€178k▼
Tangible fixed assets22/27€184k€178k▼
Land and buildings22€182k€177k▼
Plant, machinery and equipment23€1k€1k▼
Current assets29/58€4k€3k▼
Amounts receivable within one year40/41€3k€3k=
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€290€141▼
Deferred charges and accrued income490/1€631€660▲
Equity and liabilities
Total equity and liabilities10/49€187k€182k▼
Equity10/15€20k€25k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€17k€22k▲
Amounts payable17/49€167k€156k▼
Amounts payable after more than one year17€116k€94k▼
Financial debts170/4€116k€94k▼
Amounts payable within one year42/48€51k€62k▲
Current portion of amounts payable after more than one year42€21k€22k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€19k€33k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€21k€23k▲
Operating profit (loss)9901€12k€15k▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€4k€7k▲
Income taxes67/77€852€2k▲
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€22k▲
Profit (loss) brought forward from the previous period14P€15k€17k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 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, Heist-op-den-Berg · 1 establishment unit since 2021
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.
Schaliehoevestraat 112220 Heist-op-den-BergGround area
2,590 m²
Building footprint
387 m²
Volume, LiDAR
1,788 m³
2 parcels, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAGO BV
since 20212.315.589.938
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K1072/00D000 | Flanders | 1,704 m² | 1 · 180 m² | 6.6 m · 2 fl. |
| 24039B0321/00A003 | Flanders | 886 m² | 1 · 207 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 9,094 companies in sector 68201 we hold annual accounts for 6,725. 2,512 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2021
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.