LAGOON BELUX

Active

Private limited companyfounded 201016 yrs activeTrawoollaan 1a, 1830 Machelen (Brab.), BelgiumKBO/BCE: BE 0827.510.166

Summary

LAGOON BELUX has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88k and a net result of €32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 749 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2024

58 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability63▲+4

Solvency33▲+3

Growth78=

Track record100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity short (current ratio 0.28 against 0.23 in 2023; short-term debt: 25.5% and cash: 0.6% of total assets), and 91.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 749 sector peers (2024).

NBB · sector comparison

Position among 749 sector peers

Solvency

better than 21%

← weakest strongest →

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €88k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filings

Deviation from the deadline

2025

not confirmed

2024

60 d late

2023

35 d late

2022

59 d late

2021

76 d late

2020

87 d late

2019

116 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€32k▲ 17.4%

2023 · €27k

2018: €-19k 2019: €-33k 2020: €-62k 2021: €10k 2022: €36k 2023: €27k

2018 → 2024

Working capital

€-191k▲ 7.4%

2023 · €-206k

2018: €-496k 2019: €-1.52M 2020: €-753k 2021: €-238k 2022: €-217k 2023: €-206k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-526k-€-7k▲ 98.7%€29k€56k▲ 93.3%€88k▲ 56.7%

Operating result€-45k-€35k€52k▲ 47.6%€42k▼ 19.2%€45k▲ 7.9%

Net result€-62k-€10k€36k▲ 258%€27k▼ 24.6%€32k▲ 17.4%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 8% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.04M

92.8%

Fixed assets €967k ▼ 2.6%

Current assets €74k ▲ 20.6%

Equity and liabilities €1.04M

91.5%

Equity €88k ▲ 56.7%

Debt €953k ▼ 4.5%

Debt's share of the balance-sheet total falls from 94.7% to 91.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€71k▲

2023 · €68k

Cash flow

€58k▲

2023 · €53k

Current ratio

0.28▲

2023 · 0.23

Debt to equity

10.80▼

2023 · 17.71

ROE

36.2%▼

2023 · 48.3%

ROA

3.1%▲

2023 · 2.6%

Interest coverage

4.81▲

2023 · 4.43

Debt ≤ 1 year

€265k▼

2023 · €268k

Debt > 1 year

€680k▼

2023 · €723k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines

Balance sheet Code20232024

Assets

Total assets20/58€1.05M€1.04M▼

Fixed assets21/28€993k€967k▼

Tangible fixed assets22/27€993k€967k▼

Land and buildings22€975k€951k▼

Plant, machinery and equipment23€18k€15k▼

Current assets29/58€62k€74k▲

Amounts receivable within one year40/41€51k€69k▲

Trade receivables40€17k€5k▼

Other amounts receivable41€34k€63k▲

Cash at bank and in hand54/58€10k€6k▼

Deferred charges and accrued income490/1€509-

Equity and liabilities

Total equity and liabilities10/49€1.05M€1.04M▼

Equity10/15€56k€88k▲

Contributions10/11€609k€609k=

Profit (loss) carried forward14€-553k€-521k▲

Amounts payable17/49€998k€953k▼

Amounts payable after more than one year17€723k€680k▼

Financial debts170/4€723k€680k▼

Amounts payable within one year42/48€268k€265k▼

Current portion of amounts payable after more than one year42€42k€43k▲

Trade debts44€8k€2k▼

Suppliers440/4€8k€2k▼

Taxes, remuneration and social security45€4k€4k▼

Taxes450/3€4k€4k▼

Other amounts payable47/48€214k€217k▲

Accrued charges and deferred income492/3€8k€7k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k=

Other operating charges640/8€14k€8k▼

Gross operating margin9900€82k€79k▼

Operating profit (loss)9901€42k€45k▲

Financial income75/76B€729€2k▲

Recurring financial income75€729€2k▲

Financial charges65/66B€15k€15k▼

Recurring financial charges65€15k€15k▼

Profit (loss) for the period before taxes9903€27k€32k▲

Profit (loss) for the period9904€27k€32k▲

Profit (loss) for the period to be appropriated9905€27k€32k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-553k€-521k▲

Profit (loss) brought forward from the previous period14P€-580k€-553k▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

29-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 60 days late

2024

04-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 35 days late

2023

28-09

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 59 days late

2022

31-12

Financial Highest result since 2018net €36k ▲258%

Operating result €52k, net result €36k, both a record.

15-10

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 76 days late

2021

31-12

Financial Back to profitnet €10k

Net result €10k after 3 loss-making years.

26-10

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 87 days late

2020

31-12

Financial Weakest financial yearnet €-62k

Net result drops to €-62k, the lowest in the series; recovery starts the following year.

24-11

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 116 days late

2019

25-09

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 56 days late

12-01

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 165 days late

2018

08-01

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 161 days late

2016

26-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 26 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Machelen (Brab.) · 1 establishment unit since 2010

establishment The establishment unit on the map

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.

Trawoollaan 1a1830 Machelen (Brab.)

Ground area

2.2 ha

Building footprint

6,817 m²

Volume, LiDAR

72,136 m³

2 parcels, Brussels, Flanders · tallest building 44.1 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

LAGOON

Sint-Lambertusstraat 135C, 1200 Sint-Lambrechts-WoluwePersonal service activities

since 20102.190.261.186

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21672C0070/00X000	Brussels	1.7 ha	1 · 4,103 m²	44.1 m · 4 fl.
23047A0054/00A005	Flanders	5,038 m²	1 · 2,714 m²	3.5 m

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.

Similar companies · same sector, comparable size

NIEUWKUIS SPENCER SHOP

BE 0455.126.077

Lendelede · Eq €87,688

Destelbergen · Eq €90,488

Of 1,000 companies in sector 96102 we hold annual accounts for 459. 362 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-06-2010

Fiscal year end31-12

Activities, NACEBEL 2025

96102Launderettes and laundries for private customers

Sources

Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

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