LAGROU FILIP
ActiveLAGROU FILIP has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €135k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+2
Solvency83▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 3.37 against 1.8 in 2024; short-term debt: 6.8% and cash: 12% of total assets), and 42.3% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
57.7%
Return on assets
7.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-05-2026, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
77 d early
2024
79 d early
2023
86 d early
2022
42 d early
2021
83 d early
2020
39 d early
2019
38 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.06M▲ 14.5%
2024 · €929k
2018: €466k
2019: €535k
2020: €611k
2021: €673k
2022: €737k
2023: €816k
2024: €929k
2018 → 2025
Total assets
€1.85M▼ 0.3%
2024 · €1.85M
2018: €793k
2019: €1.17M
2020: €1.22M
2021: €1.64M
2022: €1.84M
2023: €1.81M
2024: €1.85M
2018 → 2025
Net result
€135k▲ 19.2%
2024 · €113k
2018: €62k
2019: €69k
2020: €76k
2021: €62k
2022: €64k
2023: €79k
2024: €113k
2018 → 2025
Working capital
€296k▲ 80.6%
2024 · €164k
2018: €248k
2019: €250k
2020: €296k
2021: €246k
2022: €63k
2023: €90k
2024: €164k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€673k-€737k▲ 9.6%€816k▲ 10.7%€929k▲ 13.8%€1.06M▲ 14.5%
Operating result€91k-€96k▲ 5.8%€120k▲ 25.1%€168k▲ 40.3%€199k▲ 18.1%
Net result€62k-€64k▲ 3.7%€79k▲ 22.5%€113k▲ 43.1%€135k▲ 19.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.85M
Fixed assets
€1.42M▼ 4.0%
Current assets
€421k▲ 14.3%
Equity and liabilities €1.85M
Equity
€1.06M▲ 14.5%
Debt
€782k▼ 15.3%
The debt ratio falls from 49.8% to 42.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€292k▲
2024 · €266k
Cash flow
€228k▲
2024 · €211k
Solvency
57.7%▲
2024 · 50.2%
Current ratio
3.37▲
2024 · 1.80
Quick ratio
2.83▲
2024 · 1.48
Debt / equity
0.73▼
2024 · 0.99
ROE
12.7%▲
2024 · 12.2%
ROA
7.3%▲
2024 · 6.1%
Interest coverage
20.83▲
2024 · 16.20
Debt
€782k▼
2024 · €923k
Debt ≤ 1 year
€125k▼
2024 · €204k
Debt > 1 year
€651k▼
2024 · €711k
Income taxes
€57k▲
2024 · €47k
Staff costs
€43k▼
2024 · €94k
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€1.85M€1.85M▼
Fixed assets21/28€1.48M€1.42M▼
Tangible fixed assets22/27€1.48M€1.42M▼
Land and buildings22€1.47M€1.38M▼
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€5k€33k▲
Other tangible fixed assets26€9k€5k▼
Current assets29/58€368k€421k▲
Stocks and contracts in progress3€66k€67k▲
Stocks30/36€66k€67k▲
Amounts receivable within one year40/41€126k€99k▼
Trade receivables40€119k€90k▼
Other amounts receivable41€6k€9k▲
Current investments50/53€20k€20k=
Cash at bank and in hand54/58€144k€221k▲
Deferred charges and accrued income490/1€13k€13k▲
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.85M▼
Equity10/15€929k€1.06M▲
Contributions10/11€25k€25k=
Reserves13€903k€1.04M▲
Distributable reserves133€903k€1.04M▲
Profit (loss) carried forward14€1k€1k=
Amounts payable17/49€923k€782k▼
Amounts payable after more than one year17€711k€651k▼
Financial debts170/4€711k€651k▼
Amounts payable within one year42/48€204k€125k▼
Current portion of amounts payable after more than one year42€86k€92k▲
Trade debts44€17k€7k▼
Suppliers440/4€17k€7k▼
Taxes, remuneration and social security45€21k€16k▼
Taxes450/3€19k€16k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€80k€10k▼
Accrued charges and deferred income492/3€7k€6k▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€94k€43k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€93k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€0▼
Other operating charges640/8€6k€8k▲
Gross operating margin9900€368k€344k▼
Operating profit (loss)9901€168k€199k▲
Financial income75/76B€8k€6k▼
Recurring financial income75€8k€6k▼
Financial charges65/66B€16k€14k▼
Recurring financial charges65€16k€14k▼
Profit (loss) for the period before taxes9903€160k€191k▲
Income taxes67/77€47k€57k▲
Profit (loss) for the period9904€113k€135k▲
Profit (loss) for the period to be appropriated9905€113k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€136k▲
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer to equity691/2€113k€135k▲
To other reserves6921€113k€135k▲
Social balance
Average headcount (FTE)90871.60.8▼
The notes to these accounts (22 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
15-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €135k ▲19.2%
Operating result €199k, net result €135k, both a record.
31-12
Financial
Equity above €1MEq €1.06M ▲14.5%
8 profitable years in a row build equity to €1.06M.
13-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €500kEq €535k ▲14.8%
2 profitable years in a row build equity to €535k.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Blankenberge · 1 establishment unit since 2008
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.
Hanzestraat 278370 BlankenbergeGround area
2,080 m²
Building footprint
850 m²
Volume, LiDAR
4,417 m³
Parcel 31034B0342/00C000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAGROU FILIP
since 20082.171.436.654
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31034B0342/00C000 | Flanders | 2,080 m² | 1 · 850 m² | 7.3 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
2023 to 2024 · 2 entries · 399 EUR awarded · 355 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 137 EUR | 171 EUR |
| 2023 | 1 | 262 EUR | 184 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 1 endedElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
Legal Entity Identifier
894500Q9DSN3TC1VG221
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INGELEC
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PCA
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RENSOL
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Asse · Eq €1.06M
Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 4,487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2008
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
46836Wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.