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Complete company report
Generated 24-08-2026
Active BE 0413.293.937Public limited companyOpen bankruptcy

Lares - Benelux

Zijlaan 143 ·1180 Ukkel, Belgium· 53 yrs active
Sector: Groothandel in auto's en lichte bestelwagens (<= 3,5 ton) (46711)
Conclusion Checked

A bankruptcy procedure is open for Lares - Benelux according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-272k) and a net result of €-609k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €-272k
Net result €-609k
Staff (FTE) 1
Better than sector 13%
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency41Growth22Stability0
33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 41
Growth 22
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 10-10-2024 with the NBB · fiscal year 2023 · volledig
€-5.00M€0€5.00M€10.00M€15.00M€20.00MRevenue 2019: €18.48M€18.48MOperating result 2019: €132k€132kNet result 2019: €-239k€-239kRevenue 2020: €13.51M€13.51MOperating result 2020: €195k€195kNet result 2020: €-224k€-224kRevenue 2021: €6.19M€6.19MOperating result 2021: €-237k€-237kNet result 2021: €-307k€-307kOperating result 2022: €-358k€-358kNet result 2022: €-471k€-471kOperating result 2023: €-431k€-431kNet result 2023: €-609k€-609k20192020202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency -9.3% 29.0%
better than 13% of 597 sector peers
Net result €-609k €35k
better than 8% of 596 sector peers
Equity €-272k €451k
better than 5% of 597 sector peers
Gross operating margin €-208k €104k
better than 5% of 368 sector peers
Staff costs €70k €487k
higher than 22% of 446 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€6.19M
-54.2% 18-23
EBITDA
€-406k
-16.6% 18-23
Net profit
€-609k
-29.3% 18-23
Cash flow
€-584k
-26.7% 18-23
Total assets
€2.92M
-16.5% 18-23
Equity
€-272k
- 18-23
Working capital
€-477k
- 18-23
Employees (FTE)
1
0.0% 18-23
Show 13 other metrics
Staff costs
€70k
+96.4% 18-23
Debt
€3.19M
+1.0% 18-23
Debt ≤ 1y
€3.18M
+3.7% 18-23
Debt > 1y
€97k
+837.1% 18-23
Current ratio
0.85
-21.7% 18-23
Quick ratio
0.27
-21.6% 18-23
Solvency
-9.3%
- 18-23
Debt / equity
-11.73
- 18-23
ROE
223.7%
- 18-23
ROA
-20.9%
-54.9% 18-23
Net margin
-5.0%
-199.6% 18-23
EBITDA margin
-3.6%
- 18-23
Interest coverage
-2.28
+26.0% 18-23
Figures by fiscal year
Fiscal year2023
Depositvolledig
Revenue-
EBITDA€-406k
Net profit€-609k
Cash flow€-584k
Staff costs€70k
Income taxes-
Dividends-
Total assets€2.92M
Equity€-272k
Debt€3.19M
of which ≤ 1y€3.18M
of which > 1y-
Working capital€-477k
Employees (FTE)1.0
Ratios (computed)
2023
Current ratio0.85
Quick ratio0.27
Working capital ratio-16.3%
Solvency-9.3%
Debt / equity-11.73
Long-term debt ratio-
Interest coverage-2.28
Gross margin-
Net margin-
ROA-20.9%
ROE223.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€2.92M
Fixed assets 21/28€220k
Intangible fixed assets 21€30k
Tangible fixed assets 22/27€90k
Financial fixed assets 28€100k
Current assets 29/58€2.70M
Stocks & contracts in progress 3€1.86M
Amounts receivable within one year 40/41€808k
Cash & bank 54/58€16k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.92M
Equity 10/15€-272k
Contributions / capital 10/11€1.29M
Reserves 13€54k
Accumulated profits (losses) 14€-1.61M
Amounts payable 17/49€3.19M
Amounts payable within one year 42/48€3.18M
Trade debts payable within one year 44€61k
Income statement
Gross operating margin 9900€-208k
Operating result 9901€-431k
Financial income 75€87
Financial charges 65€178k
Result before taxes 9903€-609k
Net result for the period 9904€-609k
Result to be appropriated 9905€-609k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator HUGUES DE SCHAETZEN VAN BRIENEN
AVENUE LOUISE 349, 1050 IXELLES
 11-07-2025 → present Belgian State Gazette
Legal Structure
NACE primary Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)(46711)
Legal form Public limited company(014)
Incorporation23-05-1973
StatusActive
Postal code1180
First BS signal 16-07-2025
Latest BS signal 16-07-2025
Establishment units 2 locations
Rue St Nicolas 10, 1420 Braine-l'Alleud
Personenvervoer door de lucht
since 19842.026.619.119
Alsembergsesteenweg 432, 1180 Ukkel
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
since 19972.026.619.020
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612D0312/00G008 Brussels 2,288 m² 1 · 880 m² 22.6 m · 4 fl.
21016B0111/00V002 Brussels 1,536 m² 1 · 331 m² 15.2 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
16-07-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SA LARES - BENELUX AVENUE LATERALE 143, 1180 UCCLE · event 11-07-2025
2024
10-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
10-05-2024
State Gazette act Director changes
2023
11-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
13-09-2022
NBB filing Annual accounts filed
fiscal year 2021 · ander
2021
17-09-2021
NBB filing Annual accounts filed
fiscal year 2020 · ander
2020
21-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
27-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
24-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
31-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
21-03-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
05-05-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Lifecycle & Insolvency Signals1 events
16-07-2025
Bankruptcy Opening
Date: 11-07-2025 · Tribunal de l’entreprise francophone de Bruxelles · SA LARES - BENELUX AVENUE LATERALE 143, 1180 UCCLE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-07-16 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
10-05-2024 3 reappointed Director changes
  • EYCKMANS Eríc, Bestuurder
  • EYCKMANS Dominique, Commissaris
  • EYCKMANS Sandra, Bestuurder
Technical details 
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      "reason": null,
      "subkind": "renewal",
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      "evidence_quote": "L\u0027assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la reconduction du mandats d\u0027Administrateur d\u00E9l\u00E9gu\u00E9 de Monsieur EYCKMANS Er\u00EDc pour une dur\u00E9e de 6 ans",
      "decharge_status": null,
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    {
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      "evidence_quote": "le reconduct\u00EDon du mandat d\u0027Admin\u00EDstrateur de Madame EYCKMANS Dominique",
      "decharge_status": null,
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    {
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      "evidence_quote": "et le mandat d\u0027Administrateur de Madame EYCKMANS Sandra pour une dur\u00E9e de 6 ans",
      "decharge_status": null,
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        "kind": "n_years",
        "value": "6"
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Uxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2024-05-10",
    "filing_date": "2023-04-11",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-04-11",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0413.293.937",
    "name_full": "LARES BENELUX",
    "legal_form": "SA",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "none",
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    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)46711Detailhandel in motorvoertuigen50103Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811
Primary activity highlighted.
Names & trade names
Legal nameFR Lares - Benelux
Registered office
Zijlaan 143
1180 Ukkel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative