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LAGROBO

Active
Private limited companyfounded 20197 yrs activeEsserstraat(Z) 2, 8550 Zwevegem, BelgiumKBO/BCE: BE 0723.726.502

The computed 12-month bankruptcy probability of LAGROBO is 1.9% (moderate). The 2024 annual accounts show equity of €193k and a net result of €17k. Equity is growing by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 19344 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
51 / 100
Fair▼ -10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▼-55
Solvency54▼-6
Growth52=
Stability100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.99 in 2023), and 62.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
16 d early
2022
9 d late
2021
1 d early
2020
2 d early
2019
3 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€193k▼ 6.0%
2023 · €205k
2019: €58k 2020: €79k 2021: €109k 2022: €165k 2023: €205k
2019 → 2024
Total assets
€519k▼ 0.8%
2023 · €523k
2019: €186k 2020: €181k 2021: €266k 2022: €490k 2023: €523k
2019 → 2024
Net result
€17k▼ 58.0%
2023 · €41k
2019: €46k 2020: €21k 2021: €29k 2022: €55k 2023: €41k
2019 → 2024
Working capital
€-28k▼ 3,020%
2023 · €-893
2019: €-34k 2020: €-2k 2021: €80k 2022: €-22k 2023: €-893
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€79k-€109k▲ 37.1%€165k▲ 51.6%€205k▲ 24.6%€193k▼ 6.0%
Operating result€30k-€43k▲ 43.7%€68k▲ 59.9%€60k▼ 12.3%€33k▼ 44.0%
Net result€21k-€29k▲ 41.6%€55k▲ 88.5%€41k▼ 26.8%€17k▼ 58.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €30k€30kNet result 2020: €21k€21kOperating result 2021: €43k€43kNet result 2021: €29k€29kOperating result 2022: €68k€68kNet result 2022: €55k€55kOperating result 2023: €60k€60kNet result 2023: €41k€41kOperating result 2024: €33k€33kNet result 2024: €17k€17k20202021202220232024
The operating result has fallen two years in a row; 2024 is 44% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €519k
Fixed assets €388k▼ 2.3%
Current assets €131k▲ 4.0%
Equity and liabilities €519k
Equity €193k▼ 6.0%
Debt €326k▲ 2.6%
The debt ratio rises from 60.8% to 62.9%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€132k
2023 · €133k
Cash flow
€116k
2023 · €114k
Solvency
37.1%
2023 · 39.2%
Current ratio
0.83
2023 · 0.99
Quick ratio
0.83
2023 · 0.99
Debt / equity
1.69
2023 · 1.55
ROE
8.8%
2023 · 19.8%
ROA
3.3%
2023 · 7.7%
Interest coverage
11.52
2023 · 14.50
Debt
€326k
2023 · €318k
Debt ≤ 1 year
€159k
2023 · €127k
Debt > 1 year
€167k
2023 · €191k
Income taxes
€5k
2023 · €10k
Staff costs
€57k
2023 · €54k
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€523k€519k
Fixed assets21/28€397k€388k
Tangible fixed assets22/27€397k€388k
Land and buildings22€82k€79k
Plant, machinery and equipment23€43k€32k
Furniture and vehicles24€71k€49k
Leasing and similar rights25€201k€227k
Financial fixed assets28€135€135=
Current assets29/58€126k€131k
Amounts receivable within one year40/41€55k€96k
Trade receivables40€34k€84k
Other amounts receivable41€21k€11k
Cash at bank and in hand54/58€69k€33k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€523k€519k
Equity10/15€205k€193k
Contributions10/11€12k€12k=
Reserves13€192k€179k
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€190k€179k
Profit (loss) carried forward14€721€732
Amounts payable17/49€318k€326k
Amounts payable after more than one year17€191k€167k
Financial debts170/4€191k€167k
Amounts payable within one year42/48€127k€159k
Current portion of amounts payable after more than one year42€57k€60k
Financial debts43€826€826=
Credit institutions430/8€826€826=
Trade debts44€9k€10k
Suppliers440/4€9k€10k
Taxes, remuneration and social security45€10k€8k
Taxes450/3€5k€4k
Remuneration and social security454/9€5k€4k
Other amounts payable47/48€50k€80k
Income statement Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€54k€57k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€99k
Other operating charges640/8€3k€4k
Non-recurring operating charges66A€0€428
Gross operating margin9900€190k€193k
Operating profit (loss)9901€60k€33k
Financial income75/76B€269€2
Recurring financial income75€269€2
Financial charges65/66B€9k€11k
Recurring financial charges65€9k€11k
Profit (loss) for the period before taxes9903€51k€22k
Income taxes67/77€10k€5k
Profit (loss) for the period9904€41k€17k
Profit (loss) for the period to be appropriated9905€41k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€41k€18k
Profit (loss) brought forward from the previous period14P€713€721
Transfer from equity791/2-€29k
Transfer to equity691/2€41k€17k
To other reserves6921€41k€17k
Profit to be distributed694/7-€29k
Return on contributions (dividend)694-€29k

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €17k ▼58%
Net result drops to €17k, the lowest in the series.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €205k ▲24.6%
5 profitable years in a row build equity to €205k.
09-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial Highest result since 2019net €55k ▲88.5%
Operating result €68k, net result €55k, both a record.
31-12
Financial Equity above €150kEq €165k ▲51.6%
4 profitable years in a row build equity to €165k.
30-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100kEq €109k ▲37.1%
3 profitable years in a row build equity to €109k.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 directors, no change since 2024
LAZOORE Pedro André Jules
Director · since 07-10-2024
Current
LAZOORE Matthieu
Director · since 01-10-2024
Current
07-10-2024 LAZOORE Pedro André Jules: Appointed as Director
01-10-2024 LAZOORE Matthieu: Appointed as Director
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2019
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.

Esserstraat(Z) 28550 Zwevegem
Ground area
5,753 m²
Building footprint
2,615 m²
Volume, LiDAR
19,110 m³
Parcel 34042A0818/00X000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAGROBO
Esserstraat(Z) 2, 8550 ZwevegemRepair, maintenance and installation of machinery and equipment
since 20192.287.306.322
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34042A0818/00X000 Flanders 5,753 m² 1 · 2,615 m² 8.3 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid
Year Entries awardedpaid
2022 1 3,000 EUR3,000 EUR
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 3,000 EUR · 3,000 EUR paid · Departement Mobiliteit en Openbare Werken

Recognitions · licences · registrations

Recognised contractor

8 categories
LAGROBO BV38725
category C1, class 1 · category D4, class 1 · category G, class 1 · category G1, class 1 · category G2, class 1 · category G3, class 1 · category G4, class 1 · category G5, class 1
decision 11-04-2023

Similar companies · same sector, comparable size

Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 12,055 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-03-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:matthieu.lazoore2@telenet.be
Establishment Zwevegem 2.287.306.322