LANGEROCK
ActiveSummary
LANGEROCK has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,650 and a net result of -€5,088. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▲+3
Solvency47▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.82 in 2024; short-term debt: 63.4% and cash: 21.9% of total assets), and 77.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
22.3%
Return on assets
-1.9%
Age of the figures
15 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
19202122232425
2019 to 2025 · latest year -€5,088
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
39 d early
2023
2 d early
2022
6 d early
2021
47 d early
2020
9 d early
2019
2 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 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€60,650▼ 7.7%
2024 · €65,738
Total assets
€271,674▼ 12.6%
2024 · €310,869
Net result
-€5,088▲ 41.8%
2024 · -€8,745
Working capital
-€30,943▲ 18.2%
2024 · -€37,819
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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-€4,543▼ 1,474%€1,943-€2,143-€4,091▼ 90.9%-€2,205▲ 46.1%
Net result-€6,911within the sector's middle half▼ 143%-€777within the sector's middle half▲ 88.8%-€3,022within the sector's middle half▼ 289%-€8,745within the sector's middle half▼ 189%-€5,088within the sector's middle half▲ 41.8%
Equity€78,282within the sector's middle half▼ 8.1%€77,505within the sector's middle half▼ 1.0%€74,483within the sector's middle half▼ 3.9%€65,738within the sector's middle half▼ 11.7%€60,650within the sector's middle half▼ 7.7%
Total assets€376,525within the sector's middle half▼ 6.5%€365,197within the sector's middle half▼ 3.0%€350,889within the sector's middle half▼ 3.9%€310,869within the sector's middle half▼ 11.4%€271,674within the sector's middle half▼ 12.6%
Debt€294,860▼ 5.9%€285,104▼ 3.3%€274,613▼ 3.7%€244,134▼ 11.1%€210,823▼ 13.6%
Working capital-€76,516▼ 22.3%-€67,288▲ 12.1%-€45,658▲ 32.1%-€37,819▲ 17.2%-€30,943▲ 18.2%
Solvency20.8%within the sector's middle half▼ 0.4pp21.2%within the sector's middle half▲ 0.4pp21.2%within the sector's middle half=21.1%within the sector's middle half▼ 0.1pp22.3%within the sector's middle half▲ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,205 in 2025 against €4,091 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €271,674
Fixed assets
€130,430 ▼ 8.4%
Current assets
€141,244 ▼ 16.2%
Equity and liabilities €271,674
Equity
€60,650 ▼ 7.7%
Provisions
€201 ▼ 79.8%
Debt
€210,823 ▼ 13.6%
Debt's share of the balance-sheet total falls from 78.5% to 77.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9,755▼
2024 · €14,013
Cash flow
€6,872▼
2024 · €9,360
Current ratio
0.82▲
2024 · 0.82
Quick ratio
0.41▼
2024 · 0.46
Debt to equity
3.48▼
2024 · 3.71
ROE
-8.4%▲
2024 · -13.3%
ROA
-1.9%▲
2024 · -2.8%
Interest coverage
2.92▲
2024 · 2.68
Debt ≤ 1 year
€172,187▼
2024 · €206,296
Debt > 1 year
€35,000=
2024 · €35,000
Income taxes
€335▲
2024 · €227
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,614 | €31,760 | €25,447 | €18,105 | €11,960 | ▼ 33.9% |
| Other operating charges640/8 | - | €16,984 | €17,665 | €13,395 | €10,347 | ▼ 22.8% |
| Gross operating margin9900 | €29,971 | €50,687 | €40,969 | €27,409 | €20,102 | ▼ 26.7% |
| Operating profit (loss)9901 | -€4,543 | €1,943 | -€2,143 | -€4,091 | -€2,205 | ▲ 46.1% |
| Financial income75/76B | - | €1 | €0 | - | - | - |
| Recurring financial income75 | €3 | €1 | €0 | - | - | - |
| Financial charges65/66B | - | €3,354 | €1,497 | €5,222 | €3,343 | ▼ 36.0% |
| Recurring financial charges65 | €2,967 | €3,354 | €1,497 | €5,222 | €3,343 | ▼ 36.0% |
| Profit (loss) for the period before taxes9903 | -€7,507 | -€1,410 | -€3,640 | -€9,314 | -€5,549 | ▲ 40.4% |
| Transfer from deferred taxes780 | - | €796 | €796 | €796 | €796 | = |
| Income taxes67/77 | €200 | €163 | €178 | €227 | €335 | ▲ 47.7% |
| Profit (loss) for the period9904 | -€6,911 | -€777 | -€3,022 | -€8,745 | -€5,088 | ▲ 41.8% |
| Transfer from tax-exempt reserves789 | - | €2,389 | €2,389 | €2,389 | €2,389 | = |
| Profit (loss) for the period to be appropriated9905 | -€4,522 | €1,612 | -€633 | -€6,355 | -€2,699 | ▲ 57.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €376,525 | €365,197 | €350,889 | €310,869 | €271,674 | ▼ 12.6% |
| Fixed assets21/28 | €196,862 | €185,943 | €160,496 | €142,391 | €130,430 | ▼ 8.4% |
| Tangible fixed assets22/27 | €196,818 | €185,899 | €160,452 | €142,347 | €130,387 | ▼ 8.4% |
| Land and buildings22 | - | €178,660 | €154,922 | €138,229 | €127,681 | ▼ 7.6% |
| Plant, machinery and equipment23 | - | €7,239 | €5,530 | €4,118 | €2,706 | ▼ 34.3% |
| Financial fixed assets28 | €43 | €43 | €43 | €43 | €43 | = |
| Current assets29/58 | €179,664 | €179,254 | €190,393 | €168,478 | €141,244 | ▼ 16.2% |
| Stocks and contracts in progress3 | €85,844 | €84,620 | €79,860 | €74,477 | €69,874 | ▼ 6.2% |
| Stocks30/36 | - | €84,620 | €79,860 | €74,477 | €69,874 | ▼ 6.2% |
| Amounts receivable within one year40/41 | €6,297 | €1,186 | €3 | €1,037 | €2,034 | ▲ 96.1% |
| Trade receivables40 | - | €1,186 | - | €1,014 | €1,800 | ▲ 77.5% |
| Other amounts receivable41 | - | €0 | €3 | €23 | €234 | ▲ 907% |
| Cash at bank and in hand54/58 | €83,998 | €89,671 | €106,328 | €89,265 | €59,377 | ▼ 33.5% |
| Deferred charges and accrued income490/1 | - | €3,777 | €4,201 | €3,699 | €9,959 | ▲ 169% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €376,525 | €365,197 | €350,889 | €310,869 | €271,674 | ▼ 12.6% |
| Equity10/15 | €78,282 | €77,505 | €74,483 | €65,738 | €60,650 | ▼ 7.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €59,682 | €58,905 | €55,883 | €47,138 | €42,050 | ▼ 10.8% |
| Non-distributable reserves130/1 | - | €25,486 | €25,486 | €25,486 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €25,486 | €25,486 | €25,486 | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | €7,772 | €5,383 | €2,993 | €604 | ▼ 79.8% |
| Distributable reserves133 | - | €25,647 | €25,014 | €18,659 | €41,446 | ▲ 122% |
| Provisions and deferred taxes16 | €3,383 | €2,588 | €1,792 | €997 | €201 | ▼ 79.8% |
| Deferred taxes168 | - | €2,588 | €1,792 | €997 | €201 | ▼ 79.8% |
| Amounts payable17/49 | €294,860 | €285,104 | €274,613 | €244,134 | €210,823 | ▼ 13.6% |
| Amounts payable after more than one year17 | €35,000 | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Financial debts170/4 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Amounts payable within one year42/48 | €256,180 | €246,541 | €236,051 | €206,296 | €172,187 | ▼ 16.5% |
| Trade debts44 | €1,980 | €8,331 | €16,675 | €9,983 | €0 | ▼ 100% |
| Suppliers440/4 | - | €8,331 | €16,675 | €9,983 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €1,670 | €3,686 | €846 | €976 | ▲ 15.3% |
| Taxes450/3 | - | €1,670 | €3,686 | €846 | €976 | ▲ 15.3% |
| Other amounts payable47/48 | - | €236,540 | €215,690 | €195,467 | €171,211 | ▼ 12.4% |
| Accrued charges and deferred income492/3 | - | €3,562 | €3,562 | €2,837 | €3,636 | ▲ 28.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,911 | -€777 | -€3,022 | -€8,745 | -€5,088 | ▲ 41.8% |
| + Depreciation and write-downs630 | €27,614 | €31,760 | €25,447 | €18,105 | €11,960 | ▼ 33.9% |
| Operating cash flow (approximation) | €20,702 | €30,982 | €22,425 | €9,360 | €6,872 | ▼ 26.6% |
| Investment in fixed assets (approximation) | - | -€20,841 | €0 | €0 | €0 | - |
| Change in cash | - | €5,673 | €16,657 | -€17,064 | -€29,888 | ▼ 75.2% |
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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet -€8,745
Net result drops to -€8,745, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
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 8 acts read
About the unread acts
We know of 8 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
8 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, Gent · 1 establishment unit since 1988
Ground area
197 m²
Building footprint
197 m²
Volume, LiDAR
2,044 m³
Parcel 44804D1812/00A000, Flanders · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
IMMOLANG NV
since 19882.041.061.825
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D1812/00A000 | Flanders | 197 m² | 1 · 197 m² | 17.1 m · 4 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.
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Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. 3,319 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
Founded06-10-1988
Fiscal year end30-06
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435485755
Also
9925:BE0435485755
Registered
15-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.