Summary
LAMKOR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.1m and a net result of €149,133. Equity is shrinking by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 8091 sector peers (fiscal year 2025). The company has been active since 1996 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 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
28 d late
2023
63 d early
2022
70 d early
2021
51 d early
2020
9 d late
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 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 (2)
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. Usually files around 10 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#3 oldest company in Kortemark, Finance and insurance sector#6 company by equity in Kortemark, Finance and insurance sector#7 company by total assets in Kortemark, Finance and insurance sector
Equity
€4.1m▲ 1.4%
2024 · €4.1m
Net result
€149,133
2024 · -€40,829
Total assets
€4.3m▲ 4.8%
2024 · €4.1m
Solvency
96.4%▼ 3.2pp
2024 · 99.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€271,957▲ 0.2%€306,009▲ 12.5%€126,010▼ 58.8%€170,189▲ 35.1%€144,951▼ 14.8%
Net result-€7.8mbelow the sector's middle half€95,466within the sector's middle half€282,322above the sector's middle half▲ 196%-€40,829below the sector's middle half€149,133above the sector's middle half
Equity€7.7mabove the sector's middle half▼ 50.3%€7.8mabove the sector's middle half▲ 1.2%€4.1mabove the sector's middle half▼ 47.6%€4.1mabove the sector's middle half▼ 1.0%€4.1mabove the sector's middle half▲ 1.4%
Total assets€7.7mabove the sector's middle half▼ 50.3%€7.8mabove the sector's middle half▲ 1.3%€4.1mwithin the sector's middle half▼ 47.4%€4.1mwithin the sector's middle half▼ 1.1%€4.3mabove the sector's middle half▲ 4.8%
Debt€10,465€16,541▲ 58.1%€15,877▼ 4.0%€155,139▲ 877%
Working capital€6.8mabove the sector's middle half€3.1mabove the sector's middle half▼ 54.5%€2.8mabove the sector's middle half▼ 10.1%€3.0mabove the sector's middle half▲ 8.6%
Solvency100.0%above the sector's middle half=99.9%above the sector's middle half▼ 0.1pp99.6%above the sector's middle half▼ 0.3pp99.6%above the sector's middle half=96.4%above the sector's middle half▼ 3.2pp
Current ratio24.46above the sector's middle half
Return on assets (ROA)-101.2%below the sector's middle half▼ 102.5pp1.2%within the sector's middle half▲ 102.4pp6.9%within the sector's middle half▲ 5.6pp-1.0%below the sector's middle half▼ 7.9pp3.5%within the sector's middle half▲ 4.5pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.3m
Fixed assets
€1.1m ▼ 12.6%
Current assets
€3.2m ▲ 12.8%
Equity and liabilities €4.3m
Equity
€4.1m ▲ 1.4%
Debt
€155,139 ▲ 877%
Debt's share of the balance-sheet total rises from 0.4% to 3.6%. Equity and debt are higher.
Key figures and ratios
ROE
3.6%▲
2024 · -1.0%
Debt ≤ 1 year
€129,090▲
2024 · €11,079
Income taxes
€55,975▲
2024 · €416
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €7,240 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,859 | €27,397 | €64,617 | €75,225 | €93,256 | ▲ 24.0% |
| Other operating charges640/8 | €12,589 | €15,101 | €1,653 | €45,263 | €3,590 | ▼ 92.1% |
| Non-recurring operating charges66A | - | - | - | - | €104,358 | - |
| Gross operating margin9900 | €286,405 | €348,506 | €192,280 | €290,677 | €346,156 | ▲ 19.1% |
| Operating profit (loss)9901 | €271,957 | €306,009 | €126,010 | €170,189 | €144,951 | ▼ 14.8% |
| Financial income75/76B | €158 | €91,057 | €120,522 | €68,101 | €61,068 | ▼ 10.3% |
| Recurring financial income75 | €158 | €91,057 | €120,522 | €68,101 | €61,068 | ▼ 10.3% |
| Financial charges65/66B | €8.0m | €219,148 | -€114,609 | €278,704 | €911 | ▼ 99.7% |
| Recurring financial charges65 | €921 | €219,148 | -€114,609 | €1,704 | €911 | ▼ 46.5% |
| Non-recurring financial charges66B | €8.0m | €0 | - | €277,000 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€7.8m | €177,917 | €361,142 | -€40,414 | €205,108 | ▲ 608% |
| Income taxes67/77 | €67,638 | €82,452 | €78,819 | €416 | €55,975 | ▲ 13,367% |
| Profit (loss) for the period9904 | -€7.8m | €95,466 | €282,322 | -€40,829 | €149,133 | ▲ 465% |
| Profit (loss) for the period to be appropriated9905 | -€7.8m | €95,466 | €282,322 | -€40,829 | €149,133 | ▲ 465% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.7m | €7.8m | €4.1m | €4.1m | €4.3m | ▲ 4.8% |
| Fixed assets21/28 | €4.6m | €1.0m | €995,142 | €1.3m | €1.1m | ▼ 12.6% |
| Tangible fixed assets22/27 | €639,587 | €1.0m | €995,142 | €1.3m | €1.1m | ▼ 12.6% |
| Land and buildings22 | €639,587 | €755,904 | €748,031 | €1.1m | €990,670 | ▼ 8.9% |
| Furniture and vehicles24 | - | €246,326 | €204,849 | €150,147 | €95,445 | ▼ 36.4% |
| Other tangible fixed assets26 | - | - | €42,263 | €32,755 | €23,247 | ▼ 29.0% |
| Financial fixed assets28 | €4.0m | €0 | - | - | - | - |
| Current assets29/58 | €3.1m | €6.8m | €3.1m | €2.8m | €3.2m | ▲ 12.8% |
| Amounts receivable after more than one year29 | - | €2.8m | €2.2m | €2.0m | €2.0m | ▼ 1.9% |
| Other amounts receivable291 | - | €2.8m | €2.2m | €2.0m | €2.0m | ▼ 1.9% |
| Stocks and contracts in progress3 | - | - | €3,196 | €2,759 | €10,212 | ▲ 270% |
| Stocks30/36 | - | - | €3,196 | €2,759 | €10,212 | ▲ 270% |
| Amounts receivable within one year40/41 | €2.6m | €205,027 | €20,807 | €18,344 | €758,579 | ▲ 4,035% |
| Trade receivables40 | - | €15,015 | €18,307 | €11,816 | €13,398 | ▲ 13.4% |
| Other amounts receivable41 | €2.6m | €190,012 | €2,499 | €6,528 | €745,181 | ▲ 11,316% |
| Current investments50/53 | - | €1.8m | €587,925 | €0 | €252,590 | - |
| Cash at bank and in hand54/58 | €472,426 | €1.9m | €281,175 | €737,089 | €165,272 | ▼ 77.6% |
| Deferred charges and accrued income490/1 | €4,107 | €48,480 | €11,312 | €52,667 | €19,681 | ▼ 62.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.7m | €7.8m | €4.1m | €4.1m | €4.3m | ▲ 4.8% |
| Equity10/15 | €7.7m | €7.8m | €4.1m | €4.1m | €4.1m | ▲ 1.4% |
| Contributions10/11 | €6.2m | €6.2m | €2.7m | €2.7m | €2.7m | = |
| Reserves13 | €1.5m | €1.6m | €1.4m | €1.3m | €1.4m | ▲ 4.3% |
| Non-distributable reserves130/1 | €624,242 | €624,242 | €624,242 | €0 | - | - |
| Reserves not available under the articles1311 | €624,242 | €624,242 | €624,242 | €0 | - | - |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | €840,859 | €930,724 | €737,321 | €1.3m | €1.4m | ▲ 4.4% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | - | €10,465 | €16,541 | €15,877 | €155,139 | ▲ 877% |
| Amounts payable within one year42/48 | - | €10,465 | €14,601 | €11,079 | €129,090 | ▲ 1,065% |
| Trade debts44 | - | €1,468 | €5,737 | €3,554 | €15,088 | ▲ 325% |
| Suppliers440/4 | - | €1,468 | €5,737 | €3,554 | €15,088 | ▲ 325% |
| Taxes, remuneration and social security45 | - | €3,350 | €5,773 | €4,229 | €22,536 | ▲ 433% |
| Taxes450/3 | - | €2,062 | €5,773 | €4,229 | €22,536 | ▲ 433% |
| Remuneration and social security454/9 | - | €1,287 | €0 | - | - | - |
| Other amounts payable47/48 | - | €5,647 | €3,092 | €3,296 | €91,466 | ▲ 2,675% |
| Accrued charges and deferred income492/3 | - | - | €1,940 | €4,798 | €26,049 | ▲ 443% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7.8m | €95,466 | €282,322 | -€40,829 | €149,133 | ▲ 465% |
| + Depreciation and write-downs630 | €1,859 | €27,397 | €64,617 | €75,225 | €93,256 | ▲ 24.0% |
| Operating cash flow (approximation) | -€7.8m | €122,862 | €346,940 | €34,395 | €242,389 | ▲ 605% |
| Investment in fixed assets (approximation) | - | €3.6m | -€57,529 | -€350,000 | €67,300 | ▲ 119% |
| Change in cash | - | €1.5m | -€1.7m | €455,914 | -€571,816 | ▼ 225% |
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
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €149,133
Net result €149,133 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €95,466
Net result €95,466 after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€7.8m
Net result drops to -€7.8m, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 19current ratio 3.47
Current ratio from 0.18 to 3.47; short-term debt falls from €135,797 to €30,521.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Kortemark · 1 establishment unit since 2002
Ground area
4,921 m²
Building footprint
4,866 m²
Volume, LiDAR
40,788 m³
Parcel 32011D0768/00W000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
LAMKOR
since 20022.076.284.109
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011D0768/00W000 | Flanders | 4,921 m² | 1 · 4,866 m² | 10.8 m · 3 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 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2021 annual accounts of LAMKOR 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 9,208 EUR awarded · 9,208 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 5,998 EUR | 5,998 EUR |
| 2023 | 1 | 3,210 EUR | 3,210 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
894500JX1ZU3V26QOD14
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 8,770 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
Founded16-02-1996
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25401Forging of metal
25510Coating of metals
33120Repair and maintenance of machinery
95319Other maintenance and repair of motor vehicles
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
77120Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457255624
Also
9925:BE0457255624
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.