LAMECO
ActiveSummary
LAMECO has been active since 1948 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €233k and a net result of €-1k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 79% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▼-24
Solvency98▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.76 against 4.93 in 2023; short-term debt: 20.9% and cash: 21.4% of total assets), and 26.7% of the assets are financed with debt.
Credit check 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 · 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
73.3%
Return on assets
-0.4%
Age of the figures
21 mo
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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
not confirmed
2024
71 d late
2023
68 d late
2022
185 d late
2021
129 d late
2020
157 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€233k▼ 0.5%
2023 · €234k
2018: €132k
2019: €125k
2020: €152k
2021: €149k
2022: €205k
2023: €234k
2018 → 2024
Total assets
€317k▲ 0.8%
2023 · €315k
2018: €278k
2019: €247k
2020: €272k
2021: €255k
2022: €461k
2023: €315k
2018 → 2024
Net result
€-1k
2023 · €29k
2018: €8k
2019: €-7k
2020: €27k
2021: €-3k
2022: €55k
2023: €29k
2018 → 2024
Working capital
€249k▼ 0.1%
2023 · €250k
2018: €142k
2019: €129k
2020: €159k
2021: €155k
2022: €215k
2023: €250k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€152k-€149k▼ 2.0%€205k▲ 36.9%€234k▲ 14.3%€233k▼ 0.5%
Operating result€31k-€-4k€76k€42k▼ 43.9%€1k▼ 97.5%
Net result€27k-€-3k€55k€29k▼ 46.8%€-1k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 97% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €317k
Fixed assets
€2k =
Current assets
€316k ▲ 0.8%
Equity and liabilities €317k
Equity
€233k ▼ 0.5%
Debt
€85k ▲ 4.4%
Debt's share of the balance-sheet total rises from 25.7% to 26.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
4.76▼
2023 · 4.93
Debt to equity
0.36▲
2023 · 0.35
ROE
-0.5%▼
2023 · 12.5%
ROA
-0.4%▼
2023 · 9.3%
Debt ≤ 1 year
€66k▲
2023 · €64k
Income taxes
€2k▼
2023 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€315k€317k▲
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€313k€316k▲
Amounts receivable within one year40/41€276k€246k▼
Trade receivables40€136k€107k▼
Other amounts receivable41€140k€140k=
Cash at bank and in hand54/58€36k€68k▲
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€315k€317k▲
Equity10/15€234k€233k▼
Contributions10/11€247k€247k=
Capital10€247k€247k=
Issued capital100€247k€247k=
Reserves13€54k€54k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€-67k€-68k▼
Amounts payable17/49€81k€85k▲
Amounts payable within one year42/48€64k€66k▲
Trade debts44€20k€30k▲
Suppliers440/4€20k€30k▲
Advances received on contracts in progress46€289€289=
Taxes, remuneration and social security45€43k€36k▼
Taxes450/3€43k€36k▼
Accrued charges and deferred income492/3€18k€18k▲
Income statement
Code20232024
Other operating charges640/8€523€660▲
Gross operating margin9900€43k€2k▼
Operating profit (loss)9901€42k€1k▼
Financial charges65/66B€510€711▲
Recurring financial charges65€510€711▲
Profit (loss) for the period before taxes9903€42k€363▼
Income taxes67/77€13k€2k▼
Profit (loss) for the period9904€29k€-1k▼
Profit (loss) for the period to be appropriated9905€29k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-67k€-68k▼
Profit (loss) brought forward from the previous period14P€-97k€-67k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 71 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 185 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 4.93
Current ratio from 1.88 to 4.93; short-term debt falls from €245k to €64k.
2022
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
31-12
Financial
Equity above €200kEq €205k ▲36.9%
Equity rises from €149k to €205k.
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 129 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 157 days late
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
31-12
Financial
Equity above €150kEq €152k ▲21.6%
Equity rises from €125k to €152k.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
Show earlier events
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 76 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Mechelen · 1 establishment unit since 2000
Ground area
3,845 m²
Building footprint
1,741 m²
Volume, LiDAR
8,264 m³
Parcel 12402A0054/00D000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAMECO
since 20002.006.795.386
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0054/00D000 | Flanders | 3,845 m² | 1 · 1,741 m² | 6.1 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
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DENAYER TOOLS
BE 0412.955.427
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R. Berdal en Co
BE 0404.514.249
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HIPPO TOOLS
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Of 828 companies in sector 46620 we hold annual accounts for 642. 492 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-12-1948
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.