LANCEL TECHNICS
ActiveThe computed 12-month bankruptcy probability of LANCEL TECHNICS is 2.8% (moderate). The 2025 annual accounts show equity of €170 and a net result of €-77. Equity is shrinking by ~27.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+51
Solvency26▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.95 against 0.8 in 2024; short-term debt: 99.4% and cash: 12.6% of total assets), and 99.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
0.6%
Return on assets
-0.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-77
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
16 d early
2023
40 d early
2022
152 d late
2021
31 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€170▼ 31.1%
2024 · €247
2021: €4k
2022: €6k
2023: €7k
2024: €247
2021 → 2025
Total assets
€29k▲ 200%
2024 · €10k
2021: €7k
2022: €9k
2023: €16k
2024: €10k
2021 → 2025
Net result
€-77▲ 98.9%
2024 · €-7k
2021: €2k
2022: €2k
2023: €3k
2024: €-7k
2021 → 2025
Working capital
€-1k▲ 22.7%
2024 · €-2k
2021: €3k
2022: €5k
2023: €5k
2024: €-2k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€6k▲ 42.4%€7k▲ 25.2%€247▼ 96.6%€170▼ 31.1%
Operating result€4k-€5k▲ 25.4%€5k▲ 0.8%€-7k€645
Net result€2k-€2k▼ 17.2%€3k▲ 80.5%€-7k€-77▲ 98.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €645 after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€2k▼ 25.9%
Current assets
€28k▲ 267%
Equity and liabilities €29k
Equity
€170▼ 31.1%
Debt
€29k▲ 206%
The debt ratio rises from 97.5% to 99.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▲
2024 · €-6k
Cash flow
€1k▲
2024 · €-6k
Solvency
0.6%▼
2024 · 2.5%
Current ratio
0.95▲
2024 · 0.80
Quick ratio
0.95▲
2024 · 0.80
ROA
-0.3%▲
2024 · -72.7%
Interest coverage
3.85▲
2024 · -76.98
Debt
€29k▲
2024 · €9k
Debt ≤ 1 year
€29k▲
2024 · €9k
Income taxes
€311▲
2024 · €174
Equity ratios withheld: equity of €170 is too small for a meaningful ratio.
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€10k€29k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24-€637
Current assets29/58€8k€28k▲
Amounts receivable within one year40/41€3k€19k▲
Trade receivables40€1k€14k▲
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€10k€29k▲
Equity10/15€247€170▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-2k€-2k▼
Amounts payable17/49€9k€29k▲
Amounts payable within one year42/48€9k€29k▲
Trade debts44€3k€13k▲
Suppliers440/4€3k€13k▲
Taxes, remuneration and social security45€2k€486▼
Taxes450/3€2k€486▼
Other amounts payable47/48€5k€15k▲
Accrued charges and deferred income492/3€66-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€505€520▲
Gross operating margin9900€-5k€2k▲
Operating profit (loss)9901€-7k€645▲
Financial income75/76B-€50
Recurring financial income75-€50
Financial charges65/66B€74€460▲
Recurring financial charges65€74€460▲
Profit (loss) for the period before taxes9903€-7k€234▲
Income taxes67/77€174€311▲
Profit (loss) for the period9904€-7k€-77▲
Profit (loss) for the period to be appropriated9905€-7k€-77▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-2k▲
Profit (loss) brought forward from the previous period14P-€-2k
Transfer from equity791/2€5k-
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-7k ▼325%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €3k ▲80.5%
Operating result €5k, net result €3k, both a record.
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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, Antwerpen · 1 establishment unit since 2020
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.
Margrietlaan 112180 AntwerpenGround area
225 m²
Building footprint
85 m²
Volume, LiDAR
443 m³
Parcel 11364F0225/00B002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LANCEL TECHNICS
since 20202.307.649.794
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11364F0225/00B002 | Flanders | 225 m² | 1 · 85 m² | 9.1 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.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 179 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.