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LAGOON

Active
Public limited companyfounded 1989active for 37 yearsSchransstraat 68A, 3270 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 0436.826.038
Summary

The computed 12-month bankruptcy probability of LAGOON is 4.3% (elevated). The 2024 annual accounts show negative equity (-€70,970) and a net result of €57,621. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9,641 sector peers (NACE 68, financial year 2024). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
#1 oldest company in Scherpenheuvel-Zichem, Real estate sector1 site
Size
€1.5mtotal assets 2024
Equity
-€70,970
Profit
€57,621
Turnover not published (abbreviated format)
Financial health
47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.3%
Structure
Parent
Management and Consulting · 100%
Accounts 72 days overdue0 of 4 deeds read
Why 47raises riskLiquidity: current ratio 0.93, cash €344, halved1 change of registered office in 24 monthsFigures for financial year 2024 (filed 08-10-2025)lowers riskFounded in 1989Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Weak
Solvency 20+5
equity -4.6% of total assets
Liquidity 0=
short-term debt 104.6% · cash 0.0%
Profitability 38+25
return on assets 3.7%
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,561 companies, NACE 68, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025lowest value 05-2025: 1.7%▲ +0.8 percentage points vs 04-2025 06-2025: 1.9%▲ +0.2 percentage points vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025 08-2025: 2.3%▲ +0.2 percentage points vs 07-2025 09-2025: 2.7%▲ +0.4 percentage points vs 08-2025 10-2025: 3.6%▲ +0.9 percentage points vs 09-2025 11-2025: 2.4%▼ -1.2 percentage points vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.3%▼ -0.1 percentage points vs 04-2026 06-2026: 2.5%▲ +0.2 percentage points vs 05-2026 07-2026: 2.6%▲ +0.1 percentage points vs 06-2026 08-2026: 3.0%▲ +0.4 percentage points vs 07-2026 09-2026: 3.4%▲ +0.4 percentage points vs 08-2026 10-2026: 4.3%▲ +0.9 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.93, compared with 0.88 in 2023; short-term debt: 104.6% and cash: 0% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 16% on solvency, 1% on liquidity, 34% on profitability and 85% on growth.

The bankruptcy probability was computed on 11-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.93, cash €344, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 08-10-2025)
NBB · annual accounts
lowers risk · Founded in 1989
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9641 sector peers (2024).
NBB · sector comparison
Position among 9641 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
68 days late
2023
58 days late
2022
305 days late
2021
191 days late
2020
90 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 139 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Back to profitnet €57,621
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€70,970 View
  • Positive: Back in profit in 2024after -€61,936 in 2023 €57,621 View
  • Caution: Among the weakest 10% on equitysector median €424,186 · 9,644 companies -€70,970 View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Controlled by Management and Consulting 100% View

By topic

Financials

Financial year
2024
Total assets
€1.5m
Profit
€57,621
Solvency
-4.6%
Total assets▲ 18.9%
Net result
20182024
Go to Financials

Timeline

Events
39
Since
1990
  1. 31-05-2024Annual accounts filed
  2. 07-02-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
17-02-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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