LARESS
ActiveSummary
LARESS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €211k and a net result of €122k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+18
Solvency58▼-39
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 3.13 in 2023; short-term debt: 21.6% and cash: 40% of total assets), but 66.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 68
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
85 d early
2022
on the day
2021
12 d early
2020
36 d early
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€211k▲ 44.9%
2023 · €145k
2018: €96k
2019: €108k
2020: €146k
2021: €162k
2022: €154k
2023: €145k
2018 → 2024
Total assets
€631k▲ 213%
2023 · €202k
2018: €108k
2019: €128k
2020: €162k
2021: €207k
2022: €184k
2023: €202k
2018 → 2024
Net result
€122k▲ 1,116%
2023 · €10k
2018: €9k
2019: €13k
2020: €38k
2021: €16k
2022: €6k
2023: €10k
2018 → 2024
Working capital
€140k▲ 16.6%
2023 · €120k
2018: €93k
2019: €106k
2020: €145k
2021: €154k
2022: €133k
2023: €120k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€146k-€162k▲ 11.0%€154k▼ 5.2%€145k▼ 5.7%€211k▲ 44.9%
Operating result€55k-€26k▼ 52.9%€11k▼ 58.3%€18k▲ 64.9%€181k▲ 911%
Net result€38k-€16k▼ 58.0%€6k▼ 63.0%€10k▲ 68.4%€122k▲ 1,116%
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 two years in a row; 2024 is 911% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €631k
Fixed assets
€354k ▲ 1,310%
Current assets
€276k ▲ 56.5%
Equity and liabilities €631k
Equity
€211k ▲ 44.9%
Debt
€420k ▲ 646%
Debt's share of the balance-sheet total rises from 27.9% to 66.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€199k▲
2023 · €30k
Cash flow
€139k▲
2023 · €22k
Current ratio
2.03▼
2023 · 3.13
Debt to equity
1.99▲
2023 · 0.39
ROE
57.8%▲
2023 · 6.9%
ROA
19.3%▲
2023 · 5.0%
Interest coverage
29.65▲
2023 · 12.72
Debt ≤ 1 year
€136k▲
2023 · €56k
Debt > 1 year
€284k
Income taxes
€53k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€202k€631k▲
Fixed assets21/28€25k€354k▲
Intangible fixed assets21€12k€9k▼
Tangible fixed assets22/27€14k€346k▲
Land and buildings22€2k€331k▲
Furniture and vehicles24€12k€14k▲
Current assets29/58€176k€276k▲
Amounts receivable within one year40/41€16k€7k▼
Trade receivables40€16k-
Other amounts receivable41€273€7k▲
Cash at bank and in hand54/58€141k€252k▲
Deferred charges and accrued income490/1€19k€17k▼
Equity and liabilities
Total equity and liabilities10/49€202k€631k▲
Equity10/15€145k€211k▲
Contributions10/11€19k€19k=
Reserves13€127k€192k▲
Distributable reserves133€127k€192k▲
Amounts payable17/49€56k€420k▲
Amounts payable after more than one year17-€284k
Financial debts170/4-€284k
Amounts payable within one year42/48€56k€136k▲
Current portion of amounts payable after more than one year42-€64k
Trade debts44€13k€10k▼
Suppliers440/4€13k€10k▼
Taxes, remuneration and social security45€25k€5k▼
Taxes450/3€25k€3k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€18k€57k▲
Accrued charges and deferred income492/3-€72
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€17k▲
Other operating charges640/8€1k€40k▲
Gross operating margin9900€31k€239k▲
Operating profit (loss)9901€18k€181k▲
Financial income75/76B€19€114▲
Recurring financial income75€19€114▲
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€16k€175k▲
Income taxes67/77€6k€53k▲
Profit (loss) for the period9904€10k€122k▲
Profit (loss) for the period to be appropriated9905€10k€122k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€122k▲
Transfer from equity791/2€19k€56k▲
Transfer to equity691/2€10k€122k▲
To other reserves6921€10k€122k▲
Profit to be distributed694/7€19k€56k▲
Return on contributions (dividend)694€19k€56k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €122k ▲1116%
Operating result €181k, net result €122k, both a record.
31-12
Financial
Equity above €200kEq €211k ▲44.9%
7 profitable years in a row build equity to €211k.
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
17-05
State Gazette act
General meeting · Board meeting
Registered-office move · Capital
2022
31-12
Financial
Weakest financial yearnet €6k ▼63%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €162k ▲11%
4 profitable years in a row build equity to €162k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
03-07
State Gazette act
General meeting · Statutes amendment
Accounting effect · Capital
Show earlier events
2019
31-12
Financial
Equity above €100kEq €108k ▲13.2%
2 profitable years in a row build equity to €108k.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Diest · 1 establishment unit since 2013
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.
Eduard Robeynslaan 503290 DiestGround area
179 m²
Building footprint
106 m²
Volume, LiDAR
646 m³
Parcel 24020B0048/00H004, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LARESS
since 20132.219.318.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24020B0048/00H004 | Flanders | 179 m² | 1 · 105 m² | 10.9 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.
Similar companies · same sector, comparable size
URBAN LIVING
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Kepler Assembly
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Orelium
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OPTI INVEST S.A.
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,309 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2013
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68310Real estate agency activities
46180Agents specialised in the wholesale of other particular products
66210Risk and damage evaluation
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Business parks
1 parkOffers a parcel on business park:Industriepark Webbekom