Lancelot Research
ActiveSummary
Lancelot Research has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€455,766) and a net result of -€673,021. Equity has been shrinking by about 16% per year since 2019. Its solvency ranks better than 5% of 10,831 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 03-11-1997 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 3 others
- Establishment unit
- 2.084.435.473 3010 Leuven, since 04-12-1997
- Financial year end
- 1 July
- Peppol
- Reachable since 11-12-2025
Board and ownership
- Eric Michel Victor VERHULSTDirector · since 01-01-2020
- Holdings
- Shares in 1 company ALTREONIC
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €17,485
- ▲ 46.4%
- Turnover
- ≈ €70,000
- estimated
- Loss
- €673,021
- ▲ 516×
- Equity
- -€455,766
- Total assets
- €40,246
- ▼ 94.3%
- Negative equity on 01-07-2025
Score breakdownraises riskCapped at 59: negative equityLoss of €673,021, the second in a row (financial year 2025)Negative equity -€455,766lowers riskSize: total assets €40,246Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 3% of them on solvency, 17% on liquidity, 4% on profitability and 1% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 01-07-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€455,766 View
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€673,021 View
- Caution: Result fell in 2025from -€1,304 to -€673,021 ▼ 51,519% View
- Caution: Lower solvency than 95% of companies in head offices and management consultancysector median 52.4% · 10,831 companies -1132.5% View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Resignation: Annie DEJONGHE (director)Reappointment: Eric Michel Victor VERHULST (director)
- · Gazette deed Amendment of the articles
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Lancelot Research: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €17,500 and €67,900, founded between 1989 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| Lancelot Research Leuven | €40,246 | €17,485 |
| ML COMPANY Zulte | €46,038 | €23,493 |
| SOUTH-NORMAN Beernem | €67,854 | €11,601 |
| TECHNICAL TRAINING AGENCY Geel | €31,243 | €14,172 |
| SENIOR COACHING & CONSULTING Etterbeek | €44,301 | €29,323 |
| MOBYPUB BENELUX Tervuren | €59,923 | €7,408 |
| EPICERIE BRUNO Mons | €17,548 | €25,460 |
Key facts about Lancelot Research
- What is the company number of Lancelot Research?
- The company number of Lancelot Research is 0461.826.995. The VAT number is the same number with BE in front: BE 0461.826.995.
- Where is Lancelot Research based?
- The registered office is at Zavelstraat 160, 3010 Leuven.Company details
- What does Lancelot Research do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Lancelot Research?
- Lancelot Research is a public limited company (NV).
- When was Lancelot Research founded?
- Lancelot Research was founded on 03-11-1997.
- Is Lancelot Research still active?
- Yes, Lancelot Research is an active enterprise in the KBO register.
- What is the turnover of Lancelot Research?
- The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €17,485 and 138 comparable companies (NACE 70200). It probably lies between €31,000 and €180,000. It is a rough estimate.Financials
- Is Lancelot Research profitable?
- In financial year 2025, Lancelot Research made a loss of €673,021.
- Where can I find the annual accounts of Lancelot Research?
- Lancelot Research filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Lancelot Research due?
- Lancelot Research must file the annual accounts for financial year 2026 by 01-02-2027.Timeline
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