Equity
€66,295 ▼ 29.5%
LARE paid out €108,424 in dividends. That is 134% of the 2025 profit.
LARE
Lifetime
6 annual accounts with figures on one time axispeak €160,870 (2024)
€118,725▼ 26.2%
peak €80,639 (2025)
€80,639▲ 21.4%
peak €94,080 (2024)
€66,295▼ 29.5%
€222,840▲ 3.6%
Board1 name since 2019
1 director
Documentsfilings and deeds
24-03-2026129 days before the deadline
2025micro format
Gross margin from €160,870 to €118,725Dividend €108,424Equity from €94,080 to €66,295Cash from €103,456 to €64,922
Key points
from the 2025 annual accountsTurnover
≈ €390,000 estimated
The micro format states no turnover.
Debts
€222,840 77% of the balance sheet
Financial debts 4%Suppliers 40%Taxes and wages 2%Other 55%
Of this, €213,210 falls due within a year.
Filings
6 annual accounts 3 late
The 2022 accounts came latest: 50 days after the end of the period.
Starting capital
€5,000
Position in the sector
€80,639
Higher net result than 94% of companies in construction of buildings. Sector median €8,508 · 10,163 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,715 companies had the same profile as LARE has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,715 companies, not a prediction for LARE. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0739530572
Incorporation
Founding capital of €5,000 · Founder: · published on 16-12-2019 · Gazette deed
First establishment
Van Dijckstraat 13, Ostend
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LARE Ostend | €289,135 | €118,725 | 22.9% | - |
| HOLDIET BOUW- & VLOERWERKEN Hooglede | €296,859 | €137,385 | 54.5% | - |
| Algemene Bouwwerken Vanluchene Brecht Ledegem | €307,976 | €100,700 | 81.6% | - |
| DAVID JAQUES Gistel | €357,539 | €111,851 | 0.6% | - |
| VS RENOVATIE Avelgem | €263,667 | €120,965 | 2.1% | - |
| TechNys Wevelgem | €251,199 | €96,561 | 19.6% | - |
| HOME STAGING Forest | €273,656 | €119,985 | 72.9% | - |
These companies have the same main activity as LARE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €251,000 and €358,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 12-12-2019Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.297.010.2808400 Ostend, since 12-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- €289,135▼ 6.5%
- Filing
- Filed on 24-03-2026, 129 days before the end of the filing period
Insights on LARE
LARE files the micro format. That format states no turnover. The gross margin rose from €49,164 in 2020 to €118,725 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 LARE
- What is the company number of LARE?
- The company number of LARE is 0739.530.572. The VAT number is the same number with BE in front: BE 0739.530.572.
- Where is LARE based?
- The registered office is at Van Dijckstraat 13, 8400 Ostend.Company details
- What does LARE do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LARE?
- LARE is a private limited company (BV).
- When was LARE founded?
- LARE was founded on 12-12-2019.
- Is LARE still active?
- Yes, LARE is an active enterprise in the KBO register.
- What is the turnover of LARE?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €118,725 and 101 comparable companies (NACE 41001). It probably lies between €270,000 and €590,000.Financials
- Is LARE profitable?
- In financial year 2025, LARE made a profit of €80,639.
- Where can I find the annual accounts of LARE?
- LARE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LARE due?
- LARE 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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