Liquidity
30.44 was 77.21 in 2024
Short-term debts rose from €985 to €2,638.
LAQUE
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996Gross marginpeak €34,890 (2007)
€371▲ €2,542
Resultlowest -€16,043 (2018)
€2,855▲ 148%
Equitypeak €77,574 (2025)
€77,574▲ 3.8%
Debts
€2,722▲ 100%
Board1 name since 1996
1 directorJean-Pol TREVIS
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from -€2,171 to €371Result from €1,149 to €2,855Debts from €1,358 to €2,722Cash from €272 to €575
Key points
from the 2025 annual accountsFilings
30 annual accounts since 1996
Eight of the last ten came late. The 2018 accounts came latest: 48 days after the end of the period.
Position in the sector
96.6%
Higher solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,008 companies.
Checked score
84
Excellent
Financially stronger than 51% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,685 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.5%▼ -0.4 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.4%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €80,296
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 1996
Equity €77,574 (96.6% of total assets)
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 43, micro). It does better than 90% of them on solvency, 45% on liquidity, 22% on profitability and 44% 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as LAQUE has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LAQUE itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for LAQUE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 30.44 (77.21 in 2024), above the usual 1.5. Short-term debt is 3.3% and cash 0.7% of total assets. 3.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
13 days early
2023
29 days late
2022
8 days late
2021
22 days late
2020
10 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Amendment of the articles · Legal-form change · Resignations & appointments
Director in office: Jean-Pol TREVIS (statutory director) · General meeting of 20-08-2024 · Gazette deed
First establishment
Rue de Charleroi (Y-G) 66, Walcourt
Incorporation
published on 17-07-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| LAQUE Walcourt | €80,296 | €371 | 96.6% | - |
| ALL - DECOR Lede | €82,359 | €922 | 97.9% | - |
| CABBEKE DECOR Harelbeke | €89,913 | -€7,283 | 23.3% | - |
| VR INTERIEUR Antwerp | €95,302 | -€385 | 93.5% | - |
| Moock Decor Aalst | €69,751 | -€1,248 | -8.8% | - |
| BONNE PATRICK Zwalm | €58,039 | -€2,705 | 92.0% | - |
| DIEDERIK DE GROOTE Blankenberge | €58,964 | -€66 | 100.0% | - |
These companies have the same main activity as LAQUE: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €58,000 and €95,300, founded between 1988 and 1998.
Official details
Source: KBO- Status
- Active since 27-06-1996Normal situation
- Activity
- Painting of buildingsNACE 43341
- Establishment unit
- 2.077.516.2075650 Walcourt, since 29-07-1996
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Turnover
- ≈ €3,700estimated
- Total assets
- €80,296▲ 5.5%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on LAQUE
LAQUE files the micro format. That format states no turnover. The gross margin fell from €6,509 in 2006 to €371 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LAQUE
- What is the company number of LAQUE?
- The company number of LAQUE is 0458.347.368. The VAT number is the same number with BE in front: BE 0458.347.368.
- Where is LAQUE based?
- The registered office is at Rue Boulvin 12, 5651 Walcourt.Company details
- What does LAQUE do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of LAQUE?
- LAQUE is a private limited company (BV).
- When was LAQUE founded?
- LAQUE was founded on 27-06-1996.
- Is LAQUE still active?
- Yes, LAQUE is an active enterprise in the KBO register.
- What is the turnover of LAQUE?
- The turnover in financial year 2025 is ≈ €3,700. This figure is estimated from the gross margin of €371 and 162 comparable companies (NACE 433). It probably lies between €2,200 and €7,900. It is a rough estimate.Financials
- Is LAQUE profitable?
- In financial year 2025, LAQUE made a profit of €2,855.
- Where can I find the annual accounts of LAQUE?
- LAQUE filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LAQUE due?
- LAQUE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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