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LAMITOOLS

Active
Private limited companyfounded 20188 yrs activeNaamsesteenweg 512, 3806 Sint-Truiden, BelgiumKBO/BCE: BE 0689.720.379
Summary

LAMITOOLS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52,380 and a net result of €21,877. Equity is growing by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 3940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+29
Solvency100▲+50
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.67 against 1.15 in 2023; short-term debt: 17.3% and cash: 25.9% of total assets), and 19.6% of the assets are financed with debt.
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Signals

Three 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
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 07-05-2025, 85 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
85 d early
2023
58 d early
2022
4 d early
2021
31 d late
2020
29 d early
2019
57 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 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LAMITOOLS was incorporated on 2 February 2018.1 Total assets rose from EUR 10,234 in 2018 to EUR 65,115 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€52,380▲ 71.7%
2023 · €30,504
Total assets
€65,115▼ 47.2%
2023 · €123,421
Net result
€21,877▲ 940%
2023 · €2,104
Working capital
€18,901▲ 388%
2023 · €3,870
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€1,110€32,180▲ 2,799%-€3,472€3,561€29,019▲ 715%
Net result€899€25,051▲ 2,686%-€3,859€2,104€21,877▲ 940%
Equity€7,208▲ 14.3%€32,259▲ 348%€28,400▼ 12.0%€30,504▲ 7.4%€52,380▲ 71.7%
Total assets€8,105▼ 28.4%€57,036▲ 604%€52,157▼ 8.6%€123,421▲ 137%€65,115▼ 47.2%
Debt€897▼ 82.1%€24,777▲ 2,664%€23,757▼ 4.1%€92,918▲ 291%€12,734▼ 86.3%
Working capital€7,208▲ 14.7%€31,693▲ 340%€21,509▼ 32.1%€3,870▼ 82.0%€18,901▲ 388%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2020: €1,110€1,110Net result 2020: €899€899Operating result 2021: €32,180€32,180Net result 2021: €25,051€25,051Operating result 2022: -€3,472-€3,472Net result 2022: -€3,859-€3,859Operating result 2023: €3,561€3,561Net result 2023: €2,104€2,104Operating result 2024: €29,019€29,019Net result 2024: €21,877€21,87720202021202220232024-€10,000€0€10,000€20,000€30,000Operating result 2022: -€3,472-€3,470Net result 2022: -€3,859-€3,860Operating result 2023: €3,561€3,560Net result 2023: €2,104€2,100Operating result 2024: €29,019€29,000Net result 2024: €21,877€21,900202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 715% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65,115
Fixed assets €34,918 ▼ 62.6%
Current assets €30,196 ▲ 0.1%
Equity and liabilities €65,115
Equity €52,380 ▲ 71.7%
Debt €12,734 ▼ 86.3%
Debt's share of the balance-sheet total falls from 75.3% to 19.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€36,551▲
2023 · €8,115
Cash flow
€29,408▲
2023 · €6,657
Current ratio
2.67▲
2023 · 1.15
Quick ratio
2.40▲
2023 · 1.03
Debt to equity
0.24▼
2023 · 3.05
ROE
41.8%▲
2023 · 6.9%
ROA
33.6%▲
2023 · 1.7%
Interest coverage
18.80▲
2023 · 6.10
Debt ≤ 1 year
€11,295▼
2023 · €26,310
Debt > 1 year
€1,439▼
2023 · €66,458
Income taxes
€5,198▲
2023 · €128
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 26,964 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€123,421€65,115▼
Fixed assets21/28€93,241€34,918▼
Tangible fixed assets22/27€93,241€34,918▼
Furniture and vehicles24€15,930€34,918▲
Leasing and similar rights25€77,312€0▼
Current assets29/58€30,180€30,196▲
Stocks and contracts in progress3€3,034€3,034=
Stocks30/36€3,034€3,034=
Amounts receivable within one year40/41€3,153€7,479▲
Trade receivables40€3,145€5,642▲
Other amounts receivable41€9€1,837▲
Cash at bank and in hand54/58€21,908€16,897▼
Deferred charges and accrued income490/1€2,084€2,786▲
Equity and liabilities
Total equity and liabilities10/49€123,421€65,115▼
Equity10/15€30,504€52,380▲
Contributions10/11€9,300€9,300=
Reserves13€22,959€44,836▲
Distributable reserves133€22,959€44,836▲
Profit (loss) carried forward14-€1,756-€1,756=
Amounts payable17/49€92,918€12,734▼
Amounts payable after more than one year17€66,458€1,439▼
Financial debts170/4€66,458€1,439▼
Amounts payable within one year42/48€26,310€11,295▼
Current portion of amounts payable after more than one year42€14,783€1,418▼
Trade debts44€872€2,400▲
Suppliers440/4€872€2,400▲
Taxes, remuneration and social security45€8,577€7,414▼
Taxes450/3€8,577€7,414▼
Other amounts payable47/48€2,079€63▼
Accrued charges and deferred income492/3€150€0▼
Income statement Code20232024
Non-recurring operating income76A-€11,340
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,554€7,531▲
Other operating charges640/8€759€1,105▲
Non-recurring operating charges66A-€5,812
Gross operating margin9900€8,874€43,467▲
Operating profit (loss)9901€3,561€29,019▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1,330€1,944▲
Recurring financial charges65€1,330€1,944▲
Profit (loss) for the period before taxes9903€2,232€27,075▲
Income taxes67/77€128€5,198▲
Profit (loss) for the period9904€2,104€21,877▲
Profit (loss) for the period to be appropriated9905€2,104€21,877▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,756€20,121▲
Profit (loss) brought forward from the previous period14P-€3,859-€1,756▲
Transfer to equity691/2-€21,877
To other reserves6921-€21,877

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€11,340-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103€153€2,537€4,554€7,531▲ 65.4%
Other operating charges640/8-€420€766€759€1,105▲ 45.6%
Non-recurring operating charges66A----€5,812-
Gross operating margin9900€1,285€32,754-€168€8,874€43,467▲ 390%
Operating profit (loss)9901€1,110€32,180-€3,472€3,561€29,019▲ 715%
Financial income75/76B---€0€0▼ 97.8%
Recurring financial income75---€0€0▼ 97.8%
Financial charges65/66B-€204€259€1,330€1,944▲ 46.2%
Recurring financial charges65€211€204€259€1,330€1,944▲ 46.2%
Profit (loss) for the period before taxes9903€899€31,976-€3,731€2,232€27,075▲ 1,113%
Income taxes67/77-€6,925€128€128€5,198▲ 3,958%
Profit (loss) for the period9904€899€25,051-€3,859€2,104€21,877▲ 940%
Profit (loss) for the period to be appropriated9905€899€25,051-€3,859€2,104€21,877▲ 940%
Line20202021202220232024Change
Assets
Total assets20/58€8,105€57,036€52,157€123,421€65,115▼ 47.2%
Fixed assets21/28-€6,847€11,295€93,241€34,918▼ 62.6%
Tangible fixed assets22/27-€6,847€11,295€93,241€34,918▼ 62.6%
Furniture and vehicles24-€6,847€11,295€15,930€34,918▲ 119%
Leasing and similar rights25---€77,312€0▼ 100%
Current assets29/58€8,105€50,189€40,862€30,180€30,196▲ 0.1%
Stocks and contracts in progress3-€8,860€10,820€3,034€3,034=
Stocks30/36-€8,860€10,820€3,034€3,034=
Amounts receivable within one year40/41-€9,295€35€3,153€7,479▲ 137%
Trade receivables40-€9,295€0€3,145€5,642▲ 79.4%
Other amounts receivable41--€35€9€1,837▲ 21,514%
Cash at bank and in hand54/58€8,105€31,733€27,991€21,908€16,897▼ 22.9%
Deferred charges and accrued income490/1-€301€2,017€2,084€2,786▲ 33.7%
Equity and liabilities
Total equity and liabilities10/49€8,105€57,036€52,157€123,421€65,115▼ 47.2%
Equity10/15€7,208€32,259€28,400€30,504€52,380▲ 71.7%
Contributions10/11-€9,300€9,300€9,300€9,300=
Reserves13-€22,959€22,959€22,959€44,836▲ 95.3%
Distributable reserves133-€22,959€22,959€22,959€44,836▲ 95.3%
Profit (loss) carried forward14-€2,092€0-€3,859-€1,756-€1,756=
Amounts payable17/49€897€24,777€23,757€92,918€12,734▼ 86.3%
Amounts payable after more than one year17-€5,630€4,254€66,458€1,439▼ 97.8%
Financial debts170/4-€5,630€4,254€66,458€1,439▼ 97.8%
Amounts payable within one year42/48€897€18,496€19,353€26,310€11,295▼ 57.1%
Current portion of amounts payable after more than one year42-€1,355€1,376€14,783€1,418▼ 90.4%
Trade debts44-€3,712€934€872€2,400▲ 175%
Suppliers440/4-€3,712€934€872€2,400▲ 175%
Taxes, remuneration and social security45-€11,380€14,964€8,577€7,414▼ 13.6%
Taxes450/3-€11,380€14,964€8,577€7,414▼ 13.6%
Other amounts payable47/48-€2,049€2,079€2,079€63▼ 97.0%
Accrued charges and deferred income492/3-€650€150€150€0▼ 100%
Line20202021202220232024Change
Profit (loss) for the period9904€899€25,051-€3,859€2,104€21,877▲ 940%
+ Depreciation and write-downs630€103€153€2,537€4,554€7,531▲ 65.4%
Operating cash flow (approximation)€1,002€25,204-€1,322€6,657€29,408▲ 342%
Investment in fixed assets (approximation)---€6,986-€86,500€50,792▲ 159%
Change in cash-€23,629-€3,743-€6,082-€5,012▲ 17.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity doublescurrent ratio 2.67
Current ratio from 1.15 to 2.67; short-term debt falls from €26,310 to €11,295.
03-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €2,104
Net result €2,104 after one loss-making year.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€3,859
Net result drops to -€3,859, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Highest result since 2018net €25,051 ▲2,686%
Operating result €32,180, net result €25,051, both a record.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €899
Net result €899 after 2 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 9.04
Current ratio from 2.36 to 9.04; short-term debt falls from €4,608 to €897.
04-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Sint-Truiden · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1,054 m²
Building footprint
134 m²
Volume, LiDAR
688 m³
Parcel 71058C0565/00P000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAMITOOLS
Naamsesteenweg 512, 3806 Sint-TruidenSupport activities for crop production
since 20182.273.102.849
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71058C0565/00P000 Flanders 1,054 m² 1 · 134 m² 8.8 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.

Similar companies · same sector, comparable size

Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 967 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
Founded02-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46212Wholesale trade
46610Wholesale trade
46649Wholesale of other machinery and equipment
77310Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0689720379
Also 9925:BE0689720379
Registered 13-07-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.