LARGUS
ActiveSummary
LARGUS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107k and a net result of €-70k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability12▼-5
Solvency38▼-7
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 2.64 in 2023; short-term debt: 9.7% and cash: 15.3% of total assets), but 87.1% of the assets are financed with debt.
Credit check 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
12.9%
Return on assets
-8.5%
Age of the figures
21 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-70k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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
not confirmed
2024
26 d late
2023
9 d early
2022
31 d late
2021
8 d late
2020
18 d early
2019
77 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€107k▼ 39.7%
2023 · €177k
2018: €297khighest in 7 years
2019: €105k▼ -64.7% vs 2018lowest in 7 years
2020: €201k▲ +91.8% vs 2019
2021: €222k▲ +10.4% vs 2020
2022: €262k▲ +18.0% vs 2021
2023: €177k▼ -32.6% vs 2022
2024: €107k▼ -39.7% vs 2023
2018 → 2024
Total assets
€823k▼ 9.0%
2023 · €904k
2018: €1.45Mhighest in 7 years
2019: €959k▼ -33.7% vs 2018
2020: €979k▲ +2.1% vs 2019
2021: €1.00M▲ +2.3% vs 2020
2022: €985k▼ -1.6% vs 2021
2023: €904k▼ -8.2% vs 2022
2024: €823k▼ -9.0% vs 2023lowest in 7 years
2018 → 2024
Net result
€-70k▼ 26.5%
2023 · €-55k
2018: €-175klowest in 7 years
2019: €-149k▲ +14.6% vs 2018
2020: €96k▲ +165% vs 2019highest in 7 years
2021: €42k▼ -56.5% vs 2020
2022: €70k▲ +67.4% vs 2021
2023: €-55k▼ -179% vs 2022
2024: €-70k▼ -26.5% vs 2023
2018 → 2024
Working capital
€107k▼ 21.6%
2023 · €137k
2018: €-709klowest in 7 years
2019: €43k▲ +106% vs 2018
2020: €144k▲ +233% vs 2019
2021: €160k▲ +11.2% vs 2020
2022: €194k▲ +20.9% vs 2021highest in 7 years
2023: €137k▼ -29.4% vs 2022
2024: €107k▼ -21.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€201k-€222k▲ 10.4%€262k▲ 18.0%€177k▼ 32.6%€107k▼ 39.7%
2020: €201k
2021: €222k▲ +10.4% vs 2020
2022: €262k▲ +18.0% vs 2021highest in 5 years
2023: €177k▼ -32.6% vs 2022
2024: €107k▼ -39.7% vs 2023lowest in 5 years
Operating result€130k-€72k▼ 44.8%€94k▲ 31.5%€-25k€-29k▼ 15.9%
2020: €130khighest in 5 years
2021: €72k▼ -44.8% vs 2020
2022: €94k▲ +31.5% vs 2021
2023: €-25k▼ -127% vs 2022
2024: €-29k▼ -15.9% vs 2023lowest in 5 years
Net result€96k-€42k▼ 56.5%€70k▲ 67.4%€-55k€-70k▼ 26.5%
2020: €96khighest in 5 years
2021: €42k▼ -56.5% vs 2020
2022: €70k▲ +67.4% vs 2021
2023: €-55k▼ -179% vs 2022
2024: €-70k▼ -26.5% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2024 against €25k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €823k
Fixed assets
€636k ▼ 7.0%
Current assets
€187k ▼ 15.2%
Equity and liabilities €823k
Equity
€107k ▼ 39.7%
Debt
€716k ▼ 1.5%
Debt's share of the balance-sheet total rises from 80.5% to 87.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19k▼
2023 · €21k
Cash flow
€-22k▼
2023 · €-9k
Current ratio
2.35▼
2023 · 2.64
Quick ratio
2.31▼
2023 · 2.60
Debt to equity
6.72▲
2023 · 4.12
ROE
-65.9%▼
2023 · -31.4%
ROA
-8.5%▼
2023 · -6.1%
Interest coverage
0.46▼
2023 · 0.72
Debt ≤ 1 year
€80k▼
2023 · €84k
Debt > 1 year
€601k▼
2023 · €620k
Income taxes
€456▲
2023 · €379
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 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€904k€823k▼
Fixed assets21/28€684k€636k▼
Tangible fixed assets22/27€684k€636k▼
Land and buildings22€678k€632k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€220k€187k▼
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€56k€31k▼
Trade receivables40€54k€30k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€148k€126k▼
Deferred charges and accrued income490/1€13k€27k▲
Equity and liabilities
Total equity and liabilities10/49€904k€823k▼
Equity10/15€177k€107k▼
Contributions10/11€800k€800k=
Profit (loss) carried forward14€-623k€-693k▼
Amounts payable17/49€727k€716k▼
Amounts payable after more than one year17€620k€601k▼
Financial debts170/4€620k€601k▼
Amounts payable within one year42/48€84k€80k▼
Current portion of amounts payable after more than one year42€18k€19k▲
Trade debts44€8k€6k▼
Suppliers440/4€8k€6k▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€56k€54k▼
Accrued charges and deferred income492/3€24k€35k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€48k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A-€417
Gross operating margin9900€26k€24k▼
Operating profit (loss)9901€-25k€-29k▼
Financial income75/76B€0€83▲
Recurring financial income75€0€83▲
Financial charges65/66B€30k€41k▲
Recurring financial charges65€30k€41k▲
Profit (loss) for the period before taxes9903€-55k€-70k▼
Income taxes67/77€379€456▲
Profit (loss) for the period9904€-55k€-70k▼
Profit (loss) for the period to be appropriated9905€-55k€-70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-593k€-693k▼
Profit (loss) brought forward from the previous period14P€-538k€-623k▼
Profit to be distributed694/7€30k€0▼
Return on contributions (dividend)694€30k€0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €12k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44k | €46k | €46k | €47k | €48k | ▲ 2.3% |
| Other operating charges640/8 | - | €5k | €5k | €5k | €5k | ▲ 13.6% |
| Non-recurring operating charges66A | - | - | - | - | €417 | - |
| Gross operating margin9900 | €178k | €122k | €145k | €26k | €24k | ▼ 7.0% |
| Operating profit (loss)9901 | €130k | €72k | €94k | €-25k | €-29k | ▼ 15.9% |
| Financial income75/76B | - | €0 | €282 | €0 | €83 | ▲ 415,250% |
| Recurring financial income75 | €8 | €0 | €282 | €0 | €83 | ▲ 415,250% |
| Financial charges65/66B | - | €29k | €24k | €30k | €41k | ▲ 35.7% |
| Recurring financial charges65 | €33k | €29k | €24k | €30k | €41k | ▲ 35.7% |
| Profit (loss) for the period before taxes9903 | €97k | €42k | €70k | €-55k | €-70k | ▼ 26.5% |
| Income taxes67/77 | €431 | €451 | €403 | €379 | €456 | ▲ 20.2% |
| Profit (loss) for the period9904 | €96k | €42k | €70k | €-55k | €-70k | ▼ 26.5% |
| Profit (loss) for the period to be appropriated9905 | €96k | €42k | €70k | €-55k | €-70k | ▼ 26.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €979k | €1.00M | €985k | €904k | €823k | ▼ 9.0% |
| Fixed assets21/28 | €794k | €770k | €724k | €684k | €636k | ▼ 7.0% |
| Tangible fixed assets22/27 | €794k | €770k | €724k | €684k | €636k | ▼ 7.0% |
| Land and buildings22 | - | €769k | €724k | €678k | €632k | ▼ 6.7% |
| Plant, machinery and equipment23 | - | - | - | €3k | €2k | ▼ 36.5% |
| Furniture and vehicles24 | - | €534 | €267 | €2k | €1k | ▼ 39.5% |
| Current assets29/58 | €185k | €231k | €261k | €220k | €187k | ▼ 15.2% |
| Stocks and contracts in progress3 | €3k | €4k | €4k | €3k | €3k | ▼ 9.3% |
| Stocks30/36 | - | €4k | €4k | €3k | €3k | ▼ 9.3% |
| Amounts receivable within one year40/41 | €22k | €56k | €81k | €56k | €31k | ▼ 44.9% |
| Trade receivables40 | - | €53k | €78k | €54k | €30k | ▼ 44.8% |
| Other amounts receivable41 | - | €4k | €3k | €2k | €1k | ▼ 47.5% |
| Cash at bank and in hand54/58 | €157k | €141k | €155k | €148k | €126k | ▼ 15.3% |
| Deferred charges and accrued income490/1 | - | €29k | €21k | €13k | €27k | ▲ 116% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €979k | €1.00M | €985k | €904k | €823k | ▼ 9.0% |
| Equity10/15 | €201k | €222k | €262k | €177k | €107k | ▼ 39.7% |
| Contributions10/11 | - | €800k | €800k | €800k | €800k | = |
| Profit (loss) carried forward14 | €-599k | €-578k | €-538k | €-623k | €-693k | ▼ 11.3% |
| Amounts payable17/49 | €778k | €779k | €723k | €727k | €716k | ▼ 1.5% |
| Amounts payable after more than one year17 | €714k | €686k | €638k | €620k | €601k | ▼ 3.0% |
| Financial debts170/4 | - | €686k | €638k | €620k | €601k | ▼ 3.0% |
| Amounts payable within one year42/48 | €41k | €71k | €67k | €84k | €80k | ▼ 4.6% |
| Current portion of amounts payable after more than one year42 | - | €17k | €18k | €18k | €19k | ▲ 2.1% |
| Trade debts44 | €4k | €13k | €6k | €8k | €6k | ▼ 25.9% |
| Suppliers440/4 | - | €13k | €6k | €8k | €6k | ▼ 25.9% |
| Taxes, remuneration and social security45 | - | €2k | €1k | €1k | €1k | ▲ 9.7% |
| Taxes450/3 | - | €2k | €1k | €1k | €1k | ▲ 9.7% |
| Other amounts payable47/48 | - | €38k | €42k | €56k | €54k | ▼ 4.0% |
| Accrued charges and deferred income492/3 | - | €22k | €17k | €24k | €35k | ▲ 48.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €96k | €42k | €70k | €-55k | €-70k | ▼ 26.5% |
| + Depreciation and write-downs630 | €44k | €46k | €46k | €47k | €48k | ▲ 2.3% |
| Operating cash flow (approximation) | €140k | €88k | €116k | €-9k | €-22k | ▼ 154% |
| Investment in fixed assets (approximation) | - | €-21k | €0 | €-6k | €0 | ▲ 100% |
| Change in cash | - | €-16k | €14k | €-7k | €-23k | ▼ 225% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €96k
Net result €96k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 4.56
Current ratio from 1.56 to 4.56; short-term debt falls from €77k to €41k.
31-12
Financial
Equity above €200kEq €201k ▲91.8%
Equity rises from €105k to €201k.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
31-12
Financial
Liquidity times 15current ratio 1.56
Current ratio from 0.10 to 1.56; short-term debt falls from €791k to €77k.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Vosselaar · 2 establishment units since 2009
Ground area
2,745 m²
Building footprint
414 m²
Volume, LiDAR
2,035 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LARGUS
since 20092.183.236.408
LARGUS
since 20172.260.593.710
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046A0156/00K000 | Flanders | 1,733 m² | 1 · 260 m² | 7.5 m · 2 fl. |
| 13046A0094/00D009 | Flanders | 1,012 m² | 1 · 155 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVosselaar2.183.236.408
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Of 1,423 companies in sector 46389 we hold annual accounts for 853. 565 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
Founded23-11-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46389Wholesale of other food products
47279Other retail sale of food
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.