LANCKMANS
ActiveSummary
The annual accounts of LANCKMANS for fiscal year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 11389 sector peers (fiscal year 2025). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-30
Solvency32▼-7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.05 against 0.15 in 2024; short-term debt: 93.2% and cash: 2.9% of total assets), and 93.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
6.8%
Return on assets
-8.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 11389 sector peers (2025).
NBB · sector comparisonPosition among 11389 sector peers
Solvency
better than 24%
← 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 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
31 d late
2023
17 d late
2022
2 d late
2021
31 d late
2020
92 d late
2019
113 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 55.0%
2024 · €6k
Total assets
€40k▼ 8.4%
2024 · €43k
Net result
€-3k
2024 · €2k
Working capital
€-35k▼ 10.3%
2024 · €-32k
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
Line20212022202320242025
Operating result€4k▼ 2.0%€7k▲ 68.6%€40k▲ 447%€2k▼ 95.9%€-3k
Net result€4k▼ 2.3%€7k▲ 69.7%€40k▲ 450%€2k▼ 96.0%€-3k
Equity€-428▲ 90.9%€7k€4k▼ 36.5%€6k▲ 36.6%€3k▼ 55.0%
Total assets€40k▼ 2.7%€45k▲ 12.1%€39k▼ 14.0%€43k▲ 11.7%€40k▼ 8.4%
Debt€40k▼ 11.8%€38k▼ 6.1%€34k▼ 10.0%€37k▲ 8.6%€37k▼ 0.9%
Working capital€-38k▲ 10.1%€-31k▲ 19.1%€-33k▼ 8.1%€-32k▲ 4.8%€-35k▼ 10.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€38k =
Current assets
€2k ▼ 66.5%
Equity and liabilities €40k
Equity
€3k ▼ 55.0%
Debt
€37k ▼ 0.9%
Debt's share of the balance-sheet total rises from 86.2% to 93.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.05▼
2024 · 0.15
Debt to equity
13.78▲
2024 · 6.25
ROE
-122.4%▼
2024 · 26.8%
ROA
-8.3%▼
2024 · 3.7%
Debt ≤ 1 year
€37k▼
2024 · €37k
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 | - | - | €43k | - | - | - |
| Other operating charges640/8 | - | €644 | €1k | €64 | €863 | ▲ 1,253% |
| Gross operating margin9900 | €4k | €8k | €41k | €2k | €-2k | ▼ 235% |
| Operating profit (loss)9901 | €4k | €7k | €40k | €2k | €-3k | ▼ 292% |
| Financial income75/76B | - | - | €0 | €1 | €16 | ▲ 1,088% |
| Recurring financial income75 | - | - | €0 | €1 | €16 | ▲ 1,088% |
| Financial charges65/66B | €60 | €52 | €65 | €67 | €98 | ▲ 46.9% |
| Recurring financial charges65 | €60 | €52 | €65 | €67 | €98 | ▲ 46.9% |
| Profit (loss) for the period before taxes9903 | €4k | €7k | €40k | €2k | €-3k | ▼ 305% |
| Profit (loss) for the period9904 | €4k | €7k | €40k | €2k | €-3k | ▼ 305% |
| Profit (loss) for the period to be appropriated9905 | €4k | €7k | €40k | €2k | €-3k | ▼ 305% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €40k | €45k | €39k | €43k | €40k | ▼ 8.4% |
| Fixed assets21/28 | €38k | €38k | €38k | €38k | €38k | = |
| Tangible fixed assets22/27 | €38k | €38k | €38k | €38k | €38k | = |
| Land and buildings22 | €38k | €38k | €38k | €38k | €38k | = |
| Current assets29/58 | €2k | €7k | €878 | €5k | €2k | ▼ 66.5% |
| Amounts receivable within one year40/41 | €106 | €4k | €405 | - | €657 | - |
| Trade receivables40 | €106 | €4k | - | - | - | - |
| Other amounts receivable41 | - | - | €405 | - | €657 | - |
| Cash at bank and in hand54/58 | €2k | €3k | €474 | €5k | €1k | ▼ 78.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €40k | €45k | €39k | €43k | €40k | ▼ 8.4% |
| Equity10/15 | €-428 | €7k | €4k | €6k | €3k | ▼ 55.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Revaluation surpluses12 | €66k | €66k | €23k | €23k | €23k | = |
| Reserves13 | €8k | €8k | €8k | €8k | €8k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-93k | €-85k | €-45k | €-44k | €-47k | ▼ 7.5% |
| Amounts payable17/49 | €40k | €38k | €34k | €37k | €37k | ▼ 0.9% |
| Amounts payable within one year42/48 | €40k | €38k | €34k | €37k | €37k | ▼ 0.9% |
| Trade debts44 | €2k | €872 | €300 | €600 | €309 | ▼ 48.4% |
| Suppliers440/4 | €2k | €872 | €300 | €600 | €309 | ▼ 48.4% |
| Taxes, remuneration and social security45 | €203 | €68 | - | €6 | - | - |
| Taxes450/3 | €203 | €68 | - | €6 | - | - |
| Other amounts payable47/48 | €39k | €37k | €34k | €37k | €37k | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €7k | €40k | €2k | €-3k | ▼ 305% |
| Operating cash flow (approximation) | €4k | €7k | €40k | €2k | €-3k | ▼ 305% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1k | €-3k | €5k | €-4k | ▼ 186% |
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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
31-12
Financial
Highest result since 2018net €40k ▲450%
Operating result €40k, net result €40k, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
21-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 113 days late
2019
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Pajottegem · 1 establishment unit since 1981
Ground area
1,472 m²
Building footprint
238 m²
Volume, LiDAR
1,352 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LANCKMANS M H
since 19812.019.262.658
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23058C0021/00K002 | Flanders | 1,269 m² | 1 · 164 m² | 8.0 m · 2 fl. |
| 23016E0112/00V000 | Flanders | 203 m² | 1 · 73 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,805 companies in sector 46831 we hold annual accounts for 1,397. 147 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 (pre-2019)
Founded01-07-1981
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.