LAHA
ActiveSummary
LAHA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €727,068 and a net result of €172,883. Equity is growing by ~46.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 9046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+4
Solvency49▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.29 against 1.1 in 2023; short-term debt: 76% and cash: 35% of total assets), and 76% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
91 d late
2022
99 d late
2021
31 d late
2020
122 d late
2019
152 d 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 98 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€727,068▲ 31.2%
2023 · €554,185
Total assets
€3.0m▼ 45.2%
2023 · €5.5m
Net result
€172,883▲ 28.3%
2023 · €134,784
Working capital
€660,961▲ 36.3%
2023 · €484,908
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€53,369▲ 165%€283,517▲ 431%€180,168▼ 36.5%€186,980▲ 3.8%€243,042▲ 30.0%
Net result€41,621above the sector's middle half▲ 164%€205,827above the sector's middle half▲ 395%€133,020within the sector's middle half▼ 35.4%€134,784within the sector's middle half▲ 1.3%€172,883above the sector's middle half▲ 28.3%
Equity€80,554within the sector's middle half▲ 107%€286,381above the sector's middle half▲ 256%€419,401within the sector's middle half▲ 46.4%€554,185within the sector's middle half▲ 32.1%€727,068within the sector's middle half▲ 31.2%
Total assets€423,872above the sector's middle half▲ 54.6%€1.7mabove the sector's middle half▲ 300%€2.0mwithin the sector's middle half▲ 20.5%€5.5mabove the sector's middle half▲ 171%€3.0mabove the sector's middle half▼ 45.2%
Debt€343,318▲ 46.0%€1.4m▲ 310%€1.6m▲ 15.3%€5.0m▲ 206%€2.3m▼ 53.8%
Working capital€70,304▲ 159%€275,768▲ 292%€393,188▲ 42.6%€484,908▲ 23.3%€660,961▲ 36.3%
Solvency19.0%within the sector's middle half▲ 4.8pp16.9%within the sector's middle half▼ 2.1pp20.5%within the sector's middle half▲ 3.6pp10.0%below the sector's middle half▼ 10.5pp24.0%within the sector's middle half▲ 14.0pp
Staff (FTE)58,569.2above the sector's middle half2.8within the sector's middle half▼ 100.0%3.8within the sector's middle half▲ 35.7%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 30% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.0m
Fixed assets
€66,107 ▼ 4.6%
Current assets
€3.0m ▼ 45.8%
Equity and liabilities €3.0m
Equity
€727,068 ▲ 31.2%
Debt
€2.3m ▼ 53.8%
Debt's share of the balance-sheet total falls from 90.0% to 76.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€251,448▲
2023 · €191,206
Cash flow
€181,289▲
2023 · €139,010
Current ratio
1.29▲
2023 · 1.10
Quick ratio
1.16▲
2023 · 1.03
Debt to equity
3.16▼
2023 · 8.98
ROE
23.8%▼
2023 · 24.3%
ROA
5.7%▲
2023 · 2.4%
Interest coverage
52.70▼
2023 · 61.57
Debt ≤ 1 year
€2.3m▼
2023 · €5.0m
Income taxes
€65,388▲
2023 · €49,090
Staff costs
€150,469▲
2023 · €91,700
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,703 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7,104 | €58,569 | €91,700 | €150,469 | ▲ 64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,552 | €0 | - | €4,226 | €8,406 | ▲ 98.9% |
| Other operating charges640/8 | - | €331 | €150 | €1,052 | €6,932 | ▲ 559% |
| Gross operating margin9900 | €55,988 | €290,952 | €238,887 | €283,958 | €408,849 | ▲ 44.0% |
| Operating profit (loss)9901 | €53,369 | €283,517 | €180,168 | €186,980 | €243,042 | ▲ 30.0% |
| Financial income75/76B | - | - | €199 | - | - | - |
| Recurring financial income75 | - | - | €199 | - | - | - |
| Financial charges65/66B | - | €2,764 | €4,619 | €3,105 | €4,771 | ▲ 53.6% |
| Recurring financial charges65 | €149 | €2,764 | €4,619 | €3,105 | €4,771 | ▲ 53.6% |
| Profit (loss) for the period before taxes9903 | €53,220 | €280,753 | €175,748 | €183,875 | €238,271 | ▲ 29.6% |
| Income taxes67/77 | €11,598 | €74,926 | €42,728 | €49,090 | €65,388 | ▲ 33.2% |
| Profit (loss) for the period9904 | €41,621 | €205,827 | €133,020 | €134,784 | €172,883 | ▲ 28.3% |
| Profit (loss) for the period to be appropriated9905 | €41,621 | €205,827 | €133,020 | €134,784 | €172,883 | ▲ 28.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €423,872 | €1.7m | €2.0m | €5.5m | €3.0m | ▼ 45.2% |
| Fixed assets21/28 | €10,250 | €10,613 | €26,213 | €69,277 | €66,107 | ▼ 4.6% |
| Tangible fixed assets22/27 | €0 | - | - | €18,914 | €15,744 | ▼ 16.8% |
| Furniture and vehicles24 | - | - | - | €18,914 | €15,744 | ▼ 16.8% |
| Financial fixed assets28 | €10,250 | €10,613 | €26,213 | €50,363 | €50,363 | = |
| Current assets29/58 | €413,622 | €1.7m | €2.0m | €5.5m | €3.0m | ▼ 45.8% |
| Stocks and contracts in progress3 | €102,981 | €132,827 | €325,285 | €342,179 | €289,305 | ▼ 15.5% |
| Stocks30/36 | - | €132,827 | €325,285 | €342,179 | €289,305 | ▼ 15.5% |
| Amounts receivable within one year40/41 | €215,331 | €1.0m | €1.3m | €4.3m | €1.6m | ▼ 62.7% |
| Trade receivables40 | - | €1.0m | €1.3m | €4.3m | €1.6m | ▼ 64.1% |
| Other amounts receivable41 | - | - | - | - | €62,196 | - |
| Cash at bank and in hand54/58 | €95,311 | €535,076 | €396,663 | €799,284 | €1.1m | ▲ 32.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €423,872 | €1.7m | €2.0m | €5.5m | €3.0m | ▼ 45.2% |
| Equity10/15 | €80,554 | €286,381 | €419,401 | €554,185 | €727,068 | ▲ 31.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €72,494 | €278,321 | €411,341 | €546,125 | €719,008 | ▲ 31.7% |
| Amounts payable17/49 | €343,318 | €1.4m | €1.6m | €5.0m | €2.3m | ▼ 53.8% |
| Amounts payable within one year42/48 | €343,318 | €1.4m | €1.6m | €5.0m | €2.3m | ▼ 53.8% |
| Trade debts44 | €158,273 | €903,618 | €1.2m | €3.3m | €1.3m | ▼ 60.2% |
| Suppliers440/4 | - | €903,618 | €1.2m | €3.3m | €1.3m | ▼ 60.2% |
| Advances received on contracts in progress46 | - | €281,692 | €137,752 | €1.3m | €734,644 | ▼ 41.3% |
| Taxes, remuneration and social security45 | - | €154,334 | €194,905 | €294,535 | €151,483 | ▼ 48.6% |
| Taxes450/3 | - | €152,452 | €175,367 | €262,388 | €114,935 | ▼ 56.2% |
| Remuneration and social security454/9 | - | €1,882 | €19,539 | €32,146 | €36,547 | ▲ 13.7% |
| Other amounts payable47/48 | - | €68,699 | €91,630 | €111,922 | €95,672 | ▼ 14.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,621 | €205,827 | €133,020 | €134,784 | €172,883 | ▲ 28.3% |
| + Depreciation and write-downs630 | €1,552 | €0 | - | €4,226 | €8,406 | ▲ 98.9% |
| Operating cash flow (approximation) | €43,173 | €205,827 | €133,020 | €139,010 | €181,289 | ▲ 30.4% |
| Investment in fixed assets (approximation) | - | -€363 | -€15,600 | -€47,291 | -€5,236 | ▲ 88.9% |
| Change in cash | - | €439,765 | -€138,413 | €402,621 | €260,276 | ▼ 35.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 91 days late
2023
31-12
Financial
Equity above €500,000Eq €554,185 ▲32.1%
6 profitable years in a row build equity to €554,185.
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 99 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €205,827 ▲395%
Operating result €283,517, net result €205,827, both a record.
31-12
Financial
Equity above €200,000Eq €286,381 ▲256%
4 profitable years in a row build equity to €286,381.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2019
31-12
Financial
Weakest financial yearnet €15,770 ▼30.5%
Net result drops to €15,770, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Pieters-Leeuw · 3 establishment units since 2017
Ground area
1.3 ha
Building footprint
6,457 m²
Volume, LiDAR
32,075 m³
3 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
LAHA
since 20172.267.511.986
LAHA
since 20202.331.954.729
LAHA
since 20232.357.658.145
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0113/00Y003 | Flanders | 6,405 m² | 1 · 1,949 m² | 7.1 m · 2 fl. |
| 23077C0314/00Z000 | Flanders | 5,681 m² | 1 · 4,058 m² | 6.5 m · 2 fl. |
| 23077A0168/00Z000 | Flanders | 475 m² | 1 · 451 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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 · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 1,307 companies in sector 46423 we hold annual accounts for 810. 488 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
41001General construction of residential buildings
43110Demolition
43990Other specialised construction activities
46424Wholesale trade
46425Wholesale trade
47120Other non-specialised retail sale
49410Freight transport by road
Contact
E-mail
belgiumoutlet@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0665924202
Also
9925:BE0665924202
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.