LAGUFORMATIONS
ActiveLAGUFORMATIONS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €92k and a net result of €11k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 72% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-4
Solvency95▲+15
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 6.08 against 2.94 in 2023; short-term debt: 12.1% and cash: 65.7% of total assets), and 29.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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
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 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
31 d early
2022
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€92k▲ 11.6%
2023 · €82k
2022: €66k
2023: €82k
2022 → 2024
Total assets
€130k▼ 13.4%
2023 · €151k
2022: €91k
2023: €151k
2022 → 2024
Net result
€11k▼ 37.2%
2023 · €18k
2022: €56k
2023: €18k
2022 → 2024
Working capital
€80k▲ 15.6%
2023 · €69k
2022: €66k
2023: €69k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€66k-€82k▲ 24.7%€92k▲ 11.6%
Operating result€75k-€28k▼ 62.3%€18k▼ 36.5%
Net result€56k-€18k▼ 67.9%€11k▼ 37.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 37% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€35k▼ 24.3%
Current assets
€96k▼ 8.6%
Equity and liabilities €130k
Equity
€92k▲ 11.6%
Debt
€39k▼ 43.6%
The debt ratio falls from 45.4% to 29.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2023 · €38k
Cash flow
€22k▼
2023 · €28k
Solvency
70.4%▲
2023 · 54.6%
Current ratio
6.08▲
2023 · 2.94
Quick ratio
6.08▲
2023 · 2.94
Debt / equity
0.42▼
2023 · 0.83
ROE
12.3%▼
2023 · 21.9%
ROA
8.7%▼
2023 · 11.9%
Interest coverage
19.69▼
2023 · 23.53
Debt
€39k▼
2023 · €68k
Debt ≤ 1 year
€16k▼
2023 · €36k
Debt > 1 year
€23k▼
2023 · €33k
Income taxes
€5k▼
2023 · €9k
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€151k€130k▼
Fixed assets21/28€46k€35k▼
Tangible fixed assets22/27€46k€35k▼
Furniture and vehicles24€46k€35k▼
Current assets29/58€105k€96k▼
Amounts receivable within one year40/41€8k€10k▲
Trade receivables40€8k€7k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€96k€86k▼
Deferred charges and accrued income490/1€130€154▲
Equity and liabilities
Total equity and liabilities10/49€151k€130k▼
Equity10/15€82k€92k▲
Contributions10/11€10k€10k=
Reserves13€72k€82k▲
Distributable reserves133€72k€82k▲
Amounts payable17/49€68k€39k▼
Amounts payable after more than one year17€33k€23k▼
Financial debts170/4€33k€23k▼
Amounts payable within one year42/48€36k€16k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€1k€823▼
Suppliers440/4€1k€823▼
Taxes, remuneration and social security45€23k€3k▼
Taxes450/3€23k€3k▼
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€986€484▼
Gross operating margin9900€39k€30k▼
Operating profit (loss)9901€28k€18k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€27k€17k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€18k€11k▼
Profit (loss) for the period to be appropriated9905€18k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€11k▼
Transfer to equity691/2€16k€10k▼
To other reserves6921€16k€10k▼
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €11k ▼37.2%
Net result drops to €11k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 6.08
Current ratio from 2.94 to 6.08; short-term debt falls from €36k to €16k.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Fléron · 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.
Rue du Tiège 74/34620 FléronGround area
620 m²
Building footprint
131 m²
Volume, LiDAR
808 m³
Parcel 62038A0263/00C000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Laguformations
since 20212.326.162.047
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62038A0263/00C000 | Wallonia | 620 m² | 1 · 131 m² | 7.1 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.
Similar companies · same sector, comparable size
C.G.H. Europe
BE 0731.942.501
Vorst · Eq €92k
XRGY Consulting
BE 0680.503.993
Sint-Lambrechts-Woluwe · Eq €92k
HAPPY MONDAYS
BE 0502.323.903
Leuven · Eq €92k
DeltaCopter
BE 0414.925.121
Nivelles · Eq €91k
HUMAN TOUCH
BE 0651.587.107
Gembloux · Eq €91k
Of 3,013 companies in sector 85592 we hold annual accounts for 987. 743 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2021
Fiscal year end31-12
Activities, NACEBEL
85592Vocational training
68121Development of residential building projects
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.