Summary
Lakeside is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.9m and a net result of €464,841. Equity is growing by ~80.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 9866 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 02-07-2025, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
30 d early
2022
19 d early
2021
30 d early
2020
44 d early
2019
51 d early
← 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 34 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1.9m▲ 31.6%
2023 · €1.5m
Net result
€464,841▼ 29.3%
2023 · €657,109
Total assets
€2.0m▲ 28.2%
2023 · €1.6m
Solvency
95.4%▲ 2.4pp
2023 · 93.0%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€4,742▲ 18.0%€15,465€50,560▲ 227%-€19,929€8,167
Net result-€9,147€221,238€503,890▲ 128%€657,109▲ 30.4%€464,841▼ 29.3%
Equity€84,368▼ 9.8%€305,607▲ 262%€814,497▲ 167%€1.5m▲ 80.7%€1.9m▲ 31.6%
Total assets€176,684▼ 2.4%€314,288▲ 77.9%€872,253▲ 178%€1.6m▲ 81.5%€2.0m▲ 28.2%
Debt€92,315▲ 5.5%€8,681▼ 90.6%€57,756▲ 565%€111,197▲ 92.5%€93,147▼ 16.2%
Working capital€1,243▼ 93.3%€133,460▲ 10,633%€648,389▲ 386%€735,278▲ 13.4%€1.1m▲ 55.3%
Solvency47.8%▼ 3.9pp97.2%▲ 49.5pp93.4%▼ 3.9pp93.0%▼ 0.4pp95.4%▲ 2.4pp
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Equity +81%, Total assets +81% on 2022. Cause not known from the registers.
- 2022 Net result +128%, Equity +167%, Total assets +178% on 2021. Cause not known from the registers.
- 2021 Equity +262%, Total assets +78% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8,167 after a loss of €19,929 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€794,224 ▲ 7.9%
Current assets
€1.2m ▲ 45.9%
Equity and liabilities €2.0m
Equity
€1.9m ▲ 31.6%
Debt
€93,147 ▼ 16.2%
Debt's share of the balance-sheet total falls from 7.0% to 4.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
24.0%▼
2023 · 44.7%
ROA
22.9%▼
2023 · 41.5%
Debt ≤ 1 year
€93,147▼
2023 · €111,197
Income taxes
€51,061▼
2023 · €69,620
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €7,842 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,054 | €6,387 | €74,346 | €57,013 | ▼ 23.3% |
| Other operating charges640/8 | - | €772 | €602 | €820 | €1,973 | ▲ 141% |
| Gross operating margin9900 | -€4,294 | €19,290 | €57,550 | €55,237 | €67,152 | ▲ 21.6% |
| Operating profit (loss)9901 | -€4,742 | €15,465 | €50,560 | -€19,929 | €8,167 | ▲ 141% |
| Financial income75/76B | - | €211,001 | €508,012 | €746,732 | €507,892 | ▼ 32.0% |
| Recurring financial income75 | €0 | €211,001 | €508,012 | €746,732 | €507,892 | ▼ 32.0% |
| Financial charges65/66B | - | €4,142 | €54 | €74 | €158 | ▲ 113% |
| Recurring financial charges65 | €4,405 | €4,142 | €54 | €74 | €158 | ▲ 113% |
| Profit (loss) for the period before taxes9903 | -€9,147 | €222,324 | €558,518 | €726,729 | €515,902 | ▼ 29.0% |
| Income taxes67/77 | - | €1,085 | €54,628 | €69,620 | €51,061 | ▼ 26.7% |
| Profit (loss) for the period9904 | -€9,147 | €221,238 | €503,890 | €657,109 | €464,841 | ▼ 29.3% |
| Profit (loss) for the period to be appropriated9905 | -€9,147 | €221,238 | €503,890 | €657,109 | €464,841 | ▼ 29.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €176,684 | €314,288 | €872,253 | €1.6m | €2.0m | ▲ 28.2% |
| Fixed assets21/28 | €150,000 | €172,496 | €166,108 | €736,328 | €794,224 | ▲ 7.9% |
| Tangible fixed assets22/27 | - | €22,496 | €16,108 | €586,328 | €644,224 | ▲ 9.9% |
| Land and buildings22 | - | - | - | €529,200 | €529,200 | = |
| Furniture and vehicles24 | - | €22,496 | €16,108 | €57,128 | €115,024 | ▲ 101% |
| Financial fixed assets28 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Current assets29/58 | €26,684 | €141,792 | €706,145 | €846,474 | €1.2m | ▲ 45.9% |
| Amounts receivable within one year40/41 | €0 | €9,202 | €61,214 | €7,807 | €20,027 | ▲ 157% |
| Trade receivables40 | - | €9,202 | €60,968 | €7,690 | €15,521 | ▲ 102% |
| Other amounts receivable41 | - | - | €245 | €117 | €4,506 | ▲ 3,744% |
| Current investments50/53 | - | - | - | - | €1.0m | - |
| Cash at bank and in hand54/58 | €26,684 | €130,975 | €640,518 | €828,476 | €200,927 | ▼ 75.7% |
| Deferred charges and accrued income490/1 | - | €1,615 | €4,413 | €10,192 | €14,416 | ▲ 41.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €176,684 | €314,288 | €872,253 | €1.6m | €2.0m | ▲ 28.2% |
| Equity10/15 | €84,368 | €305,607 | €814,497 | €1.5m | €1.9m | ▲ 31.6% |
| Contributions10/11 | - | €15,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €505,890 | €1.2m | €1.6m | ▲ 40.0% |
| Non-distributable reserves130/1 | - | €2,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2,000 | €0 | - | - | - |
| Distributable reserves133 | - | - | €505,890 | €1.2m | €1.6m | ▲ 40.0% |
| Profit (loss) carried forward14 | €67,368 | €288,607 | €288,607 | €288,607 | €288,607 | = |
| Amounts payable17/49 | €92,315 | €8,681 | €57,756 | €111,197 | €93,147 | ▼ 16.2% |
| Amounts payable after more than one year17 | €62,500 | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €25,440 | €8,332 | €57,756 | €111,197 | €93,147 | ▼ 16.2% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Trade debts44 | €440 | €380 | €1,121 | €872 | €6,008 | ▲ 589% |
| Suppliers440/4 | - | €380 | €1,121 | €872 | €6,008 | ▲ 589% |
| Taxes, remuneration and social security45 | - | €7,952 | €56,635 | €109,470 | €86,399 | ▼ 21.1% |
| Taxes450/3 | - | €7,952 | €56,635 | €109,470 | €86,399 | ▼ 21.1% |
| Other amounts payable47/48 | - | - | - | €854 | €741 | ▼ 13.3% |
| Accrued charges and deferred income492/3 | - | €349 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,147 | €221,238 | €503,890 | €657,109 | €464,841 | ▼ 29.3% |
| + Depreciation and write-downs630 | - | €3,054 | €6,387 | €74,346 | €57,013 | ▼ 23.3% |
| Operating cash flow (approximation) | -€9,147 | €224,292 | €510,278 | €731,455 | €521,853 | ▼ 28.7% |
| Investment in fixed assets (approximation) | - | -€25,549 | €0 | -€644,566 | -€114,908 | ▲ 82.2% |
| Change in cash | - | €104,292 | €509,543 | €187,958 | -€627,548 | ▼ 434% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €657,109 ▲30.4%
Net result €657,109, the highest in the series.
31-12
Financial
Equity above €1mEq €1.5m ▲80.7%
3 profitable years in a row build equity to €1.5m.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500,000Eq €814,497 ▲167%
2 profitable years in a row build equity to €814,497.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €221,238
Net result €221,238 after one loss-making year.
31-12
Financial
Liquidity times 16current ratio 17.02
Current ratio from 1.05 to 17.02; short-term debt falls from €25,440 to €8,332.
31-12
Financial
Equity above €200,000Eq €305,607 ▲262%
Equity rises from €84,368 to €305,607.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€9,147
Net result drops to -€9,147, the lowest in the series; recovery starts the following year.
Show earlier events
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Brecht · 1 establishment unit since 2015
Ground area
893 m²
Building footprint
174 m²
Volume, LiDAR
799 m³
Parcel 11042A0209/00R000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lakeside
since 20152.249.173.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042A0209/00R000 | Flanders | 893 m² | 1 · 174 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
20%
According to the 2024 annual accounts of Lakeside and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 11,001 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
Founded22-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644779487
Also
9925:BE0644779487
Registered
18-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.