LARGO
ActiveSummary
LARGO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €654k and a net result of €153k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▲+5
Solvency78▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.02 in 2024; short-term debt: 33.5% and cash: 0.7% of total assets), and 46.9% of the assets are financed with debt.
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Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
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
53.1%
Return on assets
12.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
11 d late
2023
27 d late
2022
8 d late
2021
31 d late
2020
1 d early
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€654k▲ 30.4%
2024 · €502k
Total assets
€1.23M=
2024 · €1.23M
Net result
€153k▼ 11.5%
2024 · €172k
Working capital
€-403k▲ 5.0%
2024 · €-425k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36k▼ 2.8%€66k▲ 82.6%€43k▼ 34.2%€17k▼ 61.9%€24k▲ 46.6%
Net result€11k▼ 8.4%€32k▲ 183%€163k▲ 405%€172k▲ 6.0%€153k▼ 11.5%
Equity€134k▲ 9.2%€167k▲ 23.9%€329k▲ 97.5%€502k▲ 52.3%€654k▲ 30.4%
Total assets€1.33M▼ 6.5%€1.24M▼ 6.6%€1.26M▲ 1.3%€1.23M▼ 2.3%€1.23M=
Debt€1.20M▼ 8.0%€1.08M▼ 10.0%€931k▼ 13.6%€730k▼ 21.6%€578k▼ 20.8%
Working capital€-238k▼ 90.7%€-333k▼ 40.2%€-467k▼ 40.2%€-425k▲ 9.1%€-403k▲ 5.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€1.22M =
Current assets
€9k ▲ 8.4%
Equity and liabilities €1.23M
Equity
€654k ▲ 30.4%
Debt
€578k ▼ 20.8%
Debt's share of the balance-sheet total falls from 59.3% to 46.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2024 · €17k
Cash flow
€153k▼
2024 · €173k
Current ratio
0.02▲
2024 · 0.02
Debt to equity
0.88▼
2024 · 1.46
ROE
23.3%▼
2024 · 34.4%
ROA
12.4%▼
2024 · 14.0%
Interest coverage
1.84▲
2024 · 1.09
Debt ≤ 1 year
€413k▼
2024 · €433k
Debt > 1 year
€164k▼
2024 · €296k
Income taxes
€18k▼
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €647 | €609 | €881 | €551 | €272 | ▼ 50.7% |
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €1k | ▲ 2.8% |
| Gross operating margin9900 | €38k | €68k | €46k | €18k | €26k | ▲ 40.8% |
| Operating profit (loss)9901 | €36k | €66k | €43k | €17k | €24k | ▲ 46.6% |
| Financial income75/76B | €1 | €0 | €160k | €190k | €160k | ▼ 15.8% |
| Recurring financial income75 | €1 | €0 | €160k | €190k | €160k | ▼ 15.8% |
| Financial charges65/66B | €20k | €20k | €19k | €16k | €13k | ▼ 15.1% |
| Recurring financial charges65 | €20k | €20k | €19k | €16k | €13k | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €17k | €46k | €185k | €191k | €171k | ▼ 10.4% |
| Income taxes67/77 | €5k | €14k | €22k | €19k | €18k | ▼ 0.4% |
| Profit (loss) for the period9904 | €11k | €32k | €163k | €172k | €153k | ▼ 11.5% |
| Profit (loss) for the period to be appropriated9905 | €11k | €32k | €163k | €172k | €153k | ▼ 11.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.33M | €1.24M | €1.26M | €1.23M | €1.23M | = |
| Fixed assets21/28 | €1.22M | €1.22M | €1.22M | €1.22M | €1.22M | = |
| Tangible fixed assets22/27 | €660 | €2k | €823 | €272 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €1k | €823 | €272 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €660 | €330 | €0 | - | - | - |
| Financial fixed assets28 | €1.22M | €1.22M | €1.22M | €1.22M | €1.22M | = |
| Current assets29/58 | €108k | €20k | €36k | €9k | €9k | ▲ 8.4% |
| Amounts receivable within one year40/41 | €22k | €6k | €703 | €0 | - | - |
| Trade receivables40 | €20k | €0 | €703 | €0 | - | - |
| Other amounts receivable41 | €3k | €6k | €0 | - | - | - |
| Cash at bank and in hand54/58 | €86k | €14k | €36k | €6k | €9k | ▲ 42.4% |
| Deferred charges and accrued income490/1 | - | €132 | €68 | €2k | €594 | ▼ 76.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.33M | €1.24M | €1.26M | €1.23M | €1.23M | = |
| Equity10/15 | €134k | €167k | €329k | €502k | €654k | ▲ 30.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €113k | €159k | €319k | €489k | €642k | ▲ 31.2% |
| Non-distributable reserves130/1 | €2k | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €0 | - | - | - | - |
| Tax-exempt reserves132 | €758 | €758 | €758 | €758 | €758 | = |
| Distributable reserves133 | €110k | €159k | €319k | €489k | €641k | ▲ 31.2% |
| Profit (loss) carried forward14 | €16k | €1k | €4k | €6k | €6k | = |
| Amounts payable17/49 | €1.20M | €1.08M | €931k | €730k | €578k | ▼ 20.8% |
| Amounts payable after more than one year17 | €852k | €725k | €426k | €296k | €164k | ▼ 44.6% |
| Financial debts170/4 | €852k | €725k | €426k | €296k | €164k | ▼ 44.6% |
| Amounts payable within one year42/48 | €346k | €353k | €504k | €433k | €413k | ▼ 4.7% |
| Current portion of amounts payable after more than one year42 | €125k | €127k | €297k | €210k | €132k | ▼ 37.2% |
| Trade debts44 | €3k | €4k | €4k | €2k | €1k | ▼ 42.9% |
| Suppliers440/4 | €3k | €4k | €4k | €2k | €1k | ▼ 42.9% |
| Taxes, remuneration and social security45 | €12k | €12k | €18k | €14k | €20k | ▲ 47.3% |
| Taxes450/3 | €12k | €12k | €18k | €14k | €20k | ▲ 47.3% |
| Other amounts payable47/48 | €205k | €211k | €185k | €207k | €259k | ▲ 25.2% |
| Accrued charges and deferred income492/3 | - | - | €1k | €1k | €2k | ▲ 39.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €32k | €163k | €172k | €153k | ▼ 11.5% |
| + Depreciation and write-downs630 | €647 | €609 | €881 | €551 | €272 | ▼ 50.7% |
| Operating cash flow (approximation) | €12k | €33k | €163k | €173k | €153k | ▼ 11.6% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | €0 | - |
| Change in cash | - | €-72k | €22k | €-30k | €3k | ▲ 109% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial
Highest result since 2018net €172k ▲6%
Net result €172k, the highest in the series.
31-12
Financial
Equity above €500kEq €502k ▲52.3%
7 profitable years in a row build equity to €502k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Equity above €200kEq €329k ▲97.5%
6 profitable years in a row build equity to €329k.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
31-12
Financial
Equity above €150kEq €167k ▲23.9%
5 profitable years in a row build equity to €167k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €11k ▼8.4%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
Show earlier events
2019
31-12
Financial
Equity above €100kEq €111k ▲12.3%
2 profitable years in a row build equity to €111k.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Sint-Martens-Latem · 1 establishment unit since 1997
Ground area
1,143 m²
Building footprint
257 m²
Volume, LiDAR
1,203 m³
Parcel 44015A0312/00V000, Flanders · tallest building 17.9 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Warandedreef 21, 9831 Sint-Martens-Latem
since 19972.103.088.771
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015A0312/00V000 | Flanders | 1,143 m² | 1 · 257 m² | 17.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
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DVM PROJECTS
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 32,255 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46190Agents in non-specialised wholesale trade
77229Renting and leasing of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.