LARO
ActiveSummary
LARO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €564,116 and a net result of €256,614. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 19364 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability95▲+58
Solvency72▲+12
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 6.65 against 0.49 in 2023; short-term debt: 6.3% and cash: 4% of total assets), but 53% of the assets are financed with debt.
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Signals
Six 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
Real estate activities (NACE 68)
about 43% 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 2024Solvency, return and age of the figures
Solvency
47%
Return on assets
21.4%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €564,116
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
43 d early
2022
54 d early
2021
52 d early
2020
12 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€564,116▲ 83.5%
2023 · €307,502
Total assets
€1.2m▲ 37.2%
2023 · €874,222
Net result
€256,614
2023 · -€9,107
Working capital
€428,608
2023 · -€34,846
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
Line20202021202220232024
Operating result€9,012▲ 7.1%€4,445▼ 50.7%-€2,161€6,406€344,462▲ 5,278%
Net result-€7,963▲ 11.5%-€12,121▼ 52.2%-€18,246▼ 50.5%-€9,107▲ 50.1%€256,614
Equity€346,976▼ 2.2%€334,856▼ 3.5%€316,609▼ 5.4%€307,502▼ 2.9%€564,116▲ 83.5%
Total assets€974,432▼ 3.5%€944,015▼ 3.1%€905,937▼ 4.0%€874,222▼ 3.5%€1.2m▲ 37.2%
Debt€561,832▼ 4.3%€545,503▼ 2.9%€527,638▼ 3.3%€506,997▼ 3.9%€491,117▼ 3.1%
Working capital-€21,401▲ 20.7%-€25,935▼ 21.2%-€34,284▼ 32.2%-€34,846▼ 1.6%€428,608
Staff (FTE)11=
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2024 Equity +83% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 5,278% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€694,814 ▼ 17.4%
Current assets
€504,506 ▲ 1,419%
Equity and liabilities €1.2m
Equity
€564,116 ▲ 83.5%
Provisions
€144,087 ▲ 141%
Debt
€491,117 ▼ 3.1%
Debt's share of the balance-sheet total falls from 58.0% to 40.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€372,657▲
2023 · €41,118
Cash flow
€284,809▲
2023 · €25,605
Current ratio
6.65▲
2023 · 0.49
Debt to equity
0.87▼
2023 · 1.65
ROE
45.5%▲
2023 · -3.0%
ROA
21.4%▲
2023 · -1.0%
Interest coverage
21.78▲
2023 · 2.35
Debt ≤ 1 year
€75,898▲
2023 · €68,053
Debt > 1 year
€391,219▼
2023 · €414,943
Staff costs
€10,257▲
2023 · €1,589
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1,589 | €10,257 | ▲ 546% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,324 | €38,735 | €37,134 | €34,712 | €28,195 | ▼ 18.8% |
| Other operating charges640/8 | - | €4,686 | €4,303 | €4,883 | €6,442 | ▲ 31.9% |
| Gross operating margin9900 | €51,938 | €47,866 | €39,276 | €47,589 | €389,356 | ▲ 718% |
| Operating profit (loss)9901 | €9,012 | €4,445 | -€2,161 | €6,406 | €344,462 | ▲ 5,278% |
| Financial income75/76B | - | €0 | €1 | €1 | €13,629 | ▲ 1,362,845% |
| Recurring financial income75 | €1 | €0 | €1 | €1 | €13,629 | ▲ 1,362,845% |
| Financial charges65/66B | - | €18,532 | €18,053 | €17,480 | €17,113 | ▼ 2.1% |
| Recurring financial charges65 | €18,943 | €18,532 | €18,053 | €17,480 | €17,113 | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | -€9,929 | -€14,088 | -€20,213 | -€11,074 | €340,978 | ▲ 3,179% |
| Transfer from deferred taxes780 | - | €1,967 | €1,967 | €1,967 | €1,967 | = |
| Transfer to deferred taxes680 | - | - | - | - | €86,331 | - |
| Profit (loss) for the period9904 | -€7,963 | -€12,121 | -€18,246 | -€9,107 | €256,614 | ▲ 2,918% |
| Transfer from tax-exempt reserves789 | - | €3,819 | €3,819 | €3,819 | €3,819 | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | €258,991 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,143 | -€8,302 | -€14,427 | -€5,288 | €1,442 | ▲ 127% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €974,432 | €944,015 | €905,937 | €874,222 | €1.2m | ▲ 37.2% |
| Fixed assets21/28 | €942,230 | €910,368 | €875,727 | €841,015 | €694,814 | ▼ 17.4% |
| Tangible fixed assets22/27 | €942,230 | €910,368 | €875,727 | €841,015 | €694,814 | ▼ 17.4% |
| Land and buildings22 | - | €903,168 | €872,127 | €841,015 | €693,495 | ▼ 17.5% |
| Furniture and vehicles24 | - | €7,200 | €3,600 | €0 | €1,319 | - |
| Current assets29/58 | €32,202 | €33,647 | €30,210 | €33,207 | €504,506 | ▲ 1,419% |
| Amounts receivable within one year40/41 | €5,224 | €2,224 | €2,224 | €1,200 | €5,289 | ▲ 341% |
| Trade receivables40 | - | €0 | - | - | - | - |
| Other amounts receivable41 | - | €2,224 | €2,224 | €1,200 | €5,289 | ▲ 341% |
| Current investments50/53 | - | - | - | - | €450,000 | - |
| Cash at bank and in hand54/58 | €25,970 | €30,360 | €26,825 | €30,749 | €48,007 | ▲ 56.1% |
| Deferred charges and accrued income490/1 | - | €1,063 | €1,162 | €1,258 | €1,210 | ▼ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €974,432 | €944,015 | €905,937 | €874,222 | €1.2m | ▲ 37.2% |
| Equity10/15 | €346,976 | €334,856 | €316,609 | €307,502 | €564,116 | ▲ 83.5% |
| Contributions10/11 | €335,000 | €335,000 | €335,000 | €335,000 | €335,000 | = |
| Capital10 | - | €335,000 | €335,000 | €335,000 | €335,000 | = |
| Issued capital100 | - | €335,000 | €335,000 | €335,000 | €335,000 | = |
| Reserves13 | €129,679 | €125,860 | €122,040 | €118,221 | €373,393 | ▲ 216% |
| Non-distributable reserves130/1 | - | €994 | €994 | €994 | €994 | = |
| Legal reserve130 | - | €994 | €994 | €994 | €994 | = |
| Tax-exempt reserves132 | - | €123,623 | €119,804 | €115,985 | €371,157 | ▲ 220% |
| Distributable reserves133 | - | €1,243 | €1,243 | €1,243 | €1,243 | = |
| Profit (loss) carried forward14 | -€117,703 | -€126,004 | -€140,431 | -€145,719 | -€144,277 | ▲ 1.0% |
| Provisions and deferred taxes16 | €65,623 | €63,656 | €61,690 | €59,723 | €144,087 | ▲ 141% |
| Deferred taxes168 | - | €63,656 | €61,690 | €59,723 | €144,087 | ▲ 141% |
| Amounts payable17/49 | €561,832 | €545,503 | €527,638 | €506,997 | €491,117 | ▼ 3.1% |
| Amounts payable after more than one year17 | €483,284 | €460,966 | €438,189 | €414,943 | €391,219 | ▼ 5.7% |
| Financial debts170/4 | - | €460,966 | €438,189 | €414,943 | €391,219 | ▼ 5.7% |
| Amounts payable within one year42/48 | €53,603 | €59,582 | €64,494 | €68,053 | €75,898 | ▲ 11.5% |
| Current portion of amounts payable after more than one year42 | - | €22,318 | €22,777 | €23,246 | €23,724 | ▲ 2.1% |
| Trade debts44 | €1,065 | €2,598 | €2,579 | €562 | €636 | ▲ 13.1% |
| Suppliers440/4 | - | €2,598 | €2,579 | €562 | €636 | ▲ 13.1% |
| Taxes, remuneration and social security45 | - | - | - | €695 | €5,353 | ▲ 670% |
| Taxes450/3 | - | - | - | - | €3,600 | - |
| Remuneration and social security454/9 | - | - | - | €695 | €1,753 | ▲ 152% |
| Other amounts payable47/48 | - | €34,666 | €39,138 | €43,550 | €46,184 | ▲ 6.0% |
| Accrued charges and deferred income492/3 | - | €24,955 | €24,955 | €24,000 | €24,000 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,963 | -€12,121 | -€18,246 | -€9,107 | €256,614 | ▲ 2,918% |
| + Depreciation and write-downs630 | €38,324 | €38,735 | €37,134 | €34,712 | €28,195 | ▼ 18.8% |
| Operating cash flow (approximation) | €30,362 | €26,614 | €18,887 | €25,605 | €284,809 | ▲ 1,012% |
| Investment in fixed assets (approximation) | - | -€6,873 | -€2,493 | €0 | €118,006 | - |
| Change in cash | - | €4,391 | -€3,536 | €3,925 | €17,258 | ▲ 340% |
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
2026
17-09
State Gazette act
Resignation: Inte Wouters (non-statutory director)Appointment: Hildegard Rommens (non-statutory director)6 facts ▸
State Gazette act
Resignation: Inte Wouters (non-statutory director)
Appointment: Hildegard Rommens (non-statutory director)6 facts ▸
- General meeting, 31-07-2026
- Director resignation, Inte Wouters (non-statutory director)
- Director appointment, Hildegard Rommens (non-statutory director)
- Board meeting, 24-07-2026
- Director resignation, Inte Wouters (day-to-day manager)
- Director appointment, Hildegard Rommens (day-to-day manager)
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Back to profitnet €256,614
Net result €256,614 after 6 loss-making years.
31-12
Financial
Liquidity times 14current ratio 6.65
Current ratio from 0.49 to 6.65.
31-12
Financial
Equity above €500,000Eq €564,116 ▲83.5%
Equity rises from €307,502 to €564,116.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€18,246
Net result drops to -€18,246, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
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.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, 1 in day-to-day management, last change in 2026
Board 1
Hildegard Rommens
CurrentNon-statutory director · since 01-08-2026
Day-to-day management 1
Hildegard Rommens
CurrentDay-to-day manager · since 01-08-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mortsel · 1 establishment unit since 1993
Ground area
134 m²
Building footprint
91 m²
Volume, LiDAR
658 m³
Parcel 11513C0427/00G005, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Liersesteenweg 276, 2640 Mortsel
since 19932.063.497.727
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0427/00G005 | Flanders | 134 m² | 1 · 91 m² | 10.7 m · 3 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.
Mandate history
2 people since 2026, 1 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Hildegard Rommens |
|
| Inte Wouters |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 5,014 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-08-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.