LAKEWELL
ActiveLAKEWELL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €350k and a net result of €223k. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 379 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency32▲+1
Growth58=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.22 in 2024), and 79.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
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
20.9%
Return on assets
13.3%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 29
Relative position
BE, all sectors
reference
Sector 29
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
36 d early
2023
31 d late
2022
42 d early
2021
52 d late
2020
31 d late
2019
122 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€223k▲ 67.0%
2024 · €134k
2018: €108k
2019: €-57k
2020: €204k
2021: €107k
2022: €44k
2023: €36k
2024: €134k
2018 → 2025
Working capital
€315k▲ 7.7%
2024 · €292k
2018: €563k
2019: €523k
2020: €665k
2021: €750k
2022: €376k
2023: €269k
2024: €292k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€820k-€464k▼ 43.4%€350k▼ 24.6%€350k=€350k=
Operating result€162k-€75k▼ 54.0%€56k▼ 24.9%€171k▲ 205%€295k▲ 73.1%
Net result€107k-€44k▼ 58.7%€36k▼ 18.6%€134k▲ 272%€223k▲ 67.0%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 73% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.68M
Fixed assets
€35k▼ 39.2%
Current assets
€1.64M=
Equity and liabilities €1.68M
Equity
€350k=
Debt
€1.33M▼ 1.7%
The debt ratio falls from 79.4% to 79.1%: debt is paid down.
Key figures and ratios
EBITDA
€318k▲
2024 · €200k
Cash flow
€246k▲
2024 · €163k
Solvency
20.9%▲
2024 · 20.6%
Current ratio
1.24▲
2024 · 1.22
Quick ratio
1.20▲
2024 · 1.18
Debt / equity
3.79▼
2024 · 3.86
ROE
63.9%▲
2024 · 38.3%
ROA
13.3%▲
2024 · 7.9%
Interest coverage
14.09▲
2024 · 11.22
Debt
€1.33M▼
2024 · €1.35M
Debt ≤ 1 year
€1.33M▼
2024 · €1.35M
Income taxes
€73k▲
2024 · €49k
Staff costs
€111k▼
2024 · €188k
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€1.70M€1.68M▼
Fixed assets21/28€58k€35k▼
Intangible fixed assets21€14k€9k▼
Tangible fixed assets22/27€43k€26k▼
Plant, machinery and equipment23€9k€4k▼
Furniture and vehicles24€17k€7k▼
Other tangible fixed assets26€17k€15k▼
Financial fixed assets28€500€500=
Current assets29/58€1.64M€1.64M=
Stocks and contracts in progress3€44k€50k▲
Stocks30/36€44k€50k▲
Amounts receivable within one year40/41€61k€31k▼
Trade receivables40€59k€15k▼
Other amounts receivable41€1k€16k▲
Current investments50/53€1.34M€1.24M▼
Cash at bank and in hand54/58€196k€310k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.70M€1.68M▼
Equity10/15€350k€350k=
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€288k€288k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€236k€236k=
Distributable reserves133€45k€45k=
Amounts payable17/49€1.35M€1.33M▼
Amounts payable within one year42/48€1.35M€1.33M▼
Trade debts44€936k€678k▼
Suppliers440/4€936k€678k▼
Advances received on contracts in progress46€123k€164k▲
Taxes, remuneration and social security45€60k€47k▼
Taxes450/3€24k€34k▲
Remuneration and social security454/9€36k€13k▼
Other amounts payable47/48€231k€438k▲
Income statement
Code20242025
Remuneration, social security and pensions62€188k€111k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€23k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€134€3k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€393k€436k▲
Operating profit (loss)9901€171k€295k▲
Financial income75/76B€30k€24k▼
Recurring financial income75€30k€24k▼
Financial charges65/66B€18k€23k▲
Recurring financial charges65€18k€23k▲
Profit (loss) for the period before taxes9903€183k€297k▲
Income taxes67/77€49k€73k▲
Profit (loss) for the period9904€134k€223k▲
Profit (loss) for the period to be appropriated9905€134k€223k▲
Appropriation of the result
Profit (loss) to be appropriated9906€134k€223k▲
Profit to be distributed694/7€134k€223k▲
Return on contributions (dividend)694€124k€213k▲
Directors or managers695€10k€10k=
Social balance
Average headcount (FTE)90874.93.5▼
The notes to these accounts (9 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €223k ▲67%
Operating result €295k, net result €223k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 52 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €204k
Net result €204k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-57k ▼152%
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
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, Heers · 1 establishment unit since 2002
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.
Kasteelstraat(Veul.) 193870 HeersGround area
7,626 m²
Building footprint
617 m²
Volume, LiDAR
4,025 m³
2 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lakewell NV
since 20022.114.707.391
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24714B0315/00A000 | Flanders | 6,747 m² | 1 · 578 m² | 12.1 m · 2 fl. |
| 73089A0241/00N000 | Flanders | 879 m² | 1 · 38 m² | 2.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500190ACD97E2AD18
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Of 192 companies in sector 29320 we hold annual accounts for 121. 68 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-11-2002
Fiscal year end31-12
Activities, NACEBEL
29320Manufacture of motor vehicles, trailers and semi-trailers
95319Other maintenance and repair of motor vehicles
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45204
47820Retail sale of motor vehicle parts and accessories
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.