Financials
- Financial year
- 2024
- Turnover
- €27.3m
- Profit
- €2.8m
- Solvency
- 64.3%
Turnover▲ 11.1%
Net result
20182024
LANCER EUROPE
ActiveSummary
LANCER EUROPE has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13.3m and a net result of €2.8m. Equity is growing by about 3.4% per year across the filed financial years. Its solvency ranks better than 80% of 318 sector peers (NACE 28, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28294Wholesale of other machinery and equipment NACE 46649
6th largest company by equity in Flemish Brabant, Machinery and equipment sector1 site
Size
€27.3mturnover 2024
- Staff
- 7 FTE
- Equity
- €13.3m
- Profit
- €2.8m
Structure
- Parent
- Lancer Capital Corporation
- Board
- 8 members
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises2025 accounts not filed, 87 days past the deadline4 of 8 deeds summarised
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 09-07-2025)lowers riskFounded in 1997Liquidity: current ratio 2.97, cash €6.5mEquity €13.3m (64.3% of total assets)Show the evidence
Checked score
Score 2024
57
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 68% of its sector peers (NACE 28, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency
89-10
equity 64.3% of total assets
Liquidity
76+3
short-term debt 31.6% · cash 31.3%
Profitability
79+14
return on assets 13.5%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.4%highest value
12-2024: 2.4%● unchanged vs 11-2024highest value
01-2025: 1.7%▼ -0.7 percentage points vs 12-2024
02-2025: 0.2%▼ -1.5 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €750,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.97, compared with 4.03 in 2023, above the usual 1.5; short-term debt: 31.6% and cash: 31.3% of total assets), and 35.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 28, micro): better than 67% on solvency, 76% on liquidity, 65% on profitability and 66% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
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 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
22 days early
2023
173 days late
2022
499 days late
2021
402 days late
2020
460 days late
2019
539 days late
← 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 342 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Resignation: Scott Adams (director)Reappointments: Steven DE MEYER, Wilaldo…
- Reappointments: Steven DE MEIJER, Wbaldo PEREZ…Gazette deed
- Annual accounts filedfinancial year 2024 · full…
Key points
- Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
- Board changedlatest change 01-04-2026 · 8 in office 4 joined · 1 left View
- Positive: Result rose in 2024from €1.8m to €2.8m ▲ 59.0% View
- Positive: Among the best 15% on net resultsector median €178,146 · 319 companies €2.8m View
- Positive: 4 years of growth in a rowturnover 2024: €27.3m 4 years View
- Controlled by Lancer Capital Corporationknown shareholders 100% parent View
By topic
Board & ownership
- Board
- 8 members
- Parent
- Lancer Capital Corporation
- Known shareholders
- 100%
- Auditor
- Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
- Marc PHILIPSDirector
- Matthew WHITNERDirector
- Steven DE MEYERDirector
- Wilaldo PEREZDirector
- Marc PHILLISDirector
and 3 other directors
Timeline
- Events
- 34
- Since
- 1998
- 20-01-2025Annual accounts filed
- 31-12-2024Highest result from 2018 to 2024
- 11-12-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28294
- Founded
- 26-02-1997
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 14
- Annual meeting
- Last Tuesday of May at 14:00
- Purpose
- “In België en in het buitenland,de productie en de commercialisatie van distributiesystemen…” (deed in Dutch)
Key facts about LANCER EUROPE
- What is the company number of LANCER EUROPE?
- 0460.063.179. In Belgium the VAT number is the company number with BE in front: BE 0460.063.179.
- Where is LANCER EUROPE based?
- The registered office is at Mechelsesteenweg 592, 1930 Zaventem.Company details
- What does LANCER EUROPE do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28294).
- What is the legal form of LANCER EUROPE?
- Public limited company (NV).
- When was LANCER EUROPE founded?
- On 26-02-1997.
- Is LANCER EUROPE still active?
- Yes, LANCER EUROPE is an active enterprise in the KBO register.
- How many employees does LANCER EUROPE have?
- On average 7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of LANCER EUROPE?
- €27.3m in financial year 2024, according to the filed annual accounts.
- Is LANCER EUROPE profitable?
- In financial year 2024, LANCER EUROPE made a profit of €2.8m.
- Where can I find the annual accounts of LANCER EUROPE?
- LANCER EUROPE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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