LARE
ActiveThe computed 12-month bankruptcy probability of LARE is 1.7% (moderate). The 2025 annual accounts show equity of €66k and a net result of €81k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 7376 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+4
Solvency48▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.27 in 2024; short-term debt: 73.7% and cash: 22.5% of total assets), and 77.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.9%
Return on assets
27.9%
Age of the figures
9 mo
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 24-03-2026, 129 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
129 d early
2024
35 d early
2023
6 d early
2022
50 d late
2021
30 d late
2020
32 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▼ 29.5%
2024 · €94k
2020: €34k
2021: €70k
2022: €82k
2023: €45k
2024: €94k
2020 → 2025
Total assets
€289k▼ 6.5%
2024 · €309k
2020: €65k
2021: €94k
2022: €210k
2023: €267k
2024: €309k
2020 → 2025
Net result
€81k▲ 21.4%
2024 · €66k
2020: €29k
2021: €36k
2022: €12k
2023: €31k
2024: €66k
2020 → 2025
Working capital
€33k▼ 39.1%
2024 · €54k
2020: €15k
2021: €65k
2022: €61k
2023: €-16k
2024: €54k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€82k▲ 16.6%€45k▼ 44.6%€94k▲ 108%€66k▼ 29.5%
Operating result€45k-€19k▼ 58.4%€40k▲ 116%€87k▲ 116%€103k▲ 18.2%
Net result€36k-€12k▼ 67.8%€31k▲ 161%€66k▲ 118%€81k▲ 21.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289k
Fixed assets
€43k▼ 25.7%
Current assets
€246k▼ 2.0%
Equity and liabilities €289k
Equity
€66k▼ 29.5%
Debt
€223k▲ 3.6%
The debt ratio rises from 69.6% to 77.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€118k▲
2024 · €98k
Cash flow
€96k▲
2024 · €78k
Solvency
22.9%▼
2024 · 30.4%
Current ratio
1.15▼
2024 · 1.27
Quick ratio
1.15▼
2024 · 1.26
Debt / equity
3.36▲
2024 · 2.29
ROE
121.6%▲
2024 · 70.6%
ROA
27.9%▲
2024 · 21.5%
Interest coverage
45.17▼
2024 · 57.44
Debt
€223k▲
2024 · €215k
Debt ≤ 1 year
€213k▲
2024 · €197k
Debt > 1 year
€9k▼
2024 · €18k
Income taxes
€23k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€309k€289k▼
Fixed assets21/28€58k€43k▼
Tangible fixed assets22/27€58k€43k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€50k€38k▼
Current assets29/58€251k€246k▼
Stocks and contracts in progress3€2k€906▼
Stocks30/36€2k€906▼
Amounts receivable within one year40/41€142k€176k▲
Trade receivables40€141k€157k▲
Other amounts receivable41€2k€20k▲
Cash at bank and in hand54/58€103k€65k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€309k€289k▼
Equity10/15€94k€66k▼
Contributions10/11€5k€5k=
Reserves13€89k€61k▼
Distributable reserves133€89k€61k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€215k€223k▲
Amounts payable after more than one year17€18k€9k▼
Financial debts170/4€18k€9k▼
Amounts payable within one year42/48€197k€213k▲
Current portion of amounts payable after more than one year42€11k€9k▼
Trade debts44€115k€88k▼
Suppliers440/4€115k€88k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€38k€5k▼
Taxes450/3€38k€1k▼
Remuneration and social security454/9€0€4k▲
Other amounts payable47/48€33k€108k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€15k▲
Other operating charges640/8€3k€862▼
Non-recurring operating charges66A€59k€0▼
Gross operating margin9900€161k€119k▼
Operating profit (loss)9901€87k€103k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€89k€103k▲
Income taxes67/77€22k€23k▲
Profit (loss) for the period9904€66k€81k▲
Profit (loss) for the period to be appropriated9905€66k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€81k▲
Transfer from equity791/2€0€108k▲
Transfer to equity691/2€49k€81k▲
To other reserves6921€49k€81k▲
Profit to be distributed694/7€18k€108k▲
Return on contributions (dividend)694€18k€108k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €81k ▲21.4%
Operating result €103k, net result €81k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
31-12
Financial
Weakest financial yearnet €12k ▼67.8%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 5.23
Current ratio from 1.48 to 5.23; short-term debt falls from €32k to €15k.
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Van Dijckstraat 138400 OostendeGround area
133 m²
Building footprint
75 m²
Volume, LiDAR
429 m³
Parcel 35020B0437/00C004, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LARE
since 20192.297.010.280
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0437/00C004 | Flanders | 133 m² | 1 · 75 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 29,810 companies in sector 41001 we hold annual accounts for 16,041. 13,219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43341Painting of buildings
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.