LARO MODE
ActiveSummary
The computed 12-month bankruptcy probability of LARO MODE is 4.3% (elevated). The 2024 annual accounts show negative equity (-€5,109) and a net result of -€2,995. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6718 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2024Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€5,109
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-12-2025, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
132 d late
2023
63 d late
2022
60 d late
2021
19 d late
2020
119 d late
2019
122 d late
← 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 86 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,995▲ 49.4%
2023 · -€5,924
Working capital
-€5,109▼ 11.6%
2023 · -€4,576
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€87▲ 96.7%€13,555€3,585▼ 73.6%-€5,734-€2,939▲ 48.7%
Net result-€118within the sector's middle half▲ 95.6%€13,510within the sector's middle half€3,432within the sector's middle half▼ 74.6%-€5,924below the sector's middle half-€2,995below the sector's middle half▲ 49.4%
Equity-€13,131below the sector's middle half▼ 0.9%€379below the sector's middle half€3,811below the sector's middle half▲ 906%-€2,113below the sector's middle half-€5,109below the sector's middle half▼ 142%
Total assets€10,962below the sector's middle half▲ 25.4%€26,808below the sector's middle half▲ 145%€13,384below the sector's middle half▼ 50.1%€2,941below the sector's middle half▼ 78.0%€486below the sector's middle half▼ 83.5%
Debt€24,093▲ 10.8%€26,430▲ 9.7%€9,573▼ 63.8%€5,054▼ 47.2%€5,595▲ 10.7%
Working capital-€17,175below the sector's middle half▲ 10.8%-€8,310within the sector's middle half▲ 51.6%-€1,765within the sector's middle half▲ 78.8%-€4,576within the sector's middle half▼ 159%-€5,109within the sector's middle half▼ 11.6%
Solvency-119.8%below the sector's middle half▲ 29.1pp1.4%below the sector's middle half▲ 121.2pp28.5%within the sector's middle half▲ 27.1pp
Current ratio0.29below the sector's middle half▲ 0.170.69below the sector's middle half▲ 0.400.82below the sector's middle half▲ 0.13
Return on assets (ROA)-1.1%within the sector's middle half▲ 29.5pp50.4%above the sector's middle half▲ 51.5pp25.6%above the sector's middle half▼ 24.8pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,939 in 2024 against €5,734 in 2023; the loss shrinks.
Key figures and ratios
EBITDA
-€2,317▲
2023 · -€2,621
Cash flow
-€2,373▲
2023 · -€2,811
Interest coverage
-41.43▼
2023 · -13.75
Debt ≤ 1 year
€5,595▲
2023 · €5,054
Ratios withheld: a balance sheet total of €486 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.3% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,906 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,204 | €2,490 | €3,113 | €3,113 | €623 | ▼ 80.0% |
| Other operating charges640/8 | - | €910 | €821 | - | €680 | - |
| Gross operating margin9900 | €2,698 | €16,956 | €7,519 | -€2,621 | -€1,637 | ▲ 37.5% |
| Operating profit (loss)9901 | -€87 | €13,555 | €3,585 | -€5,734 | -€2,939 | ▲ 48.7% |
| Financial charges65/66B | - | €45 | €153 | €191 | €56 | ▼ 70.7% |
| Recurring financial charges65 | €31 | €45 | €153 | €191 | €56 | ▼ 70.7% |
| Profit (loss) for the period before taxes9903 | -€118 | €13,510 | €3,432 | -€5,924 | -€2,995 | ▲ 49.4% |
| Profit (loss) for the period9904 | -€118 | €13,510 | €3,432 | -€5,924 | -€2,995 | ▲ 49.4% |
| Profit (loss) for the period to be appropriated9905 | -€118 | €13,510 | €3,432 | -€5,924 | -€2,995 | ▲ 49.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10,962 | €26,808 | €13,384 | €2,941 | €486 | ▼ 83.5% |
| Fixed assets21/28 | €4,044 | €8,688 | €5,576 | €2,463 | - | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €2,204 | €6,848 | €3,736 | €623 | - | - |
| Furniture and vehicles24 | - | €6,848 | €3,736 | €623 | - | - |
| Financial fixed assets28 | €1,840 | €1,840 | €1,840 | €1,840 | - | - |
| Current assets29/58 | €6,918 | €18,120 | €7,808 | €478 | €486 | ▲ 1.7% |
| Amounts receivable within one year40/41 | €1,384 | €5,262 | €6,300 | €471 | €478 | ▲ 1.4% |
| Trade receivables40 | - | €5,262 | €6,260 | €16 | €16 | = |
| Other amounts receivable41 | - | - | €40 | €455 | €461 | ▲ 1.4% |
| Cash at bank and in hand54/58 | €5,534 | €12,171 | €892 | €7 | €8 | ▲ 22.1% |
| Deferred charges and accrued income490/1 | - | €687 | €616 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10,962 | €26,808 | €13,384 | €2,941 | €486 | ▼ 83.5% |
| Equity10/15 | -€13,131 | €379 | €3,811 | -€2,113 | -€5,109 | ▼ 142% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€31,731 | -€18,221 | -€14,789 | -€20,713 | -€23,709 | ▼ 14.5% |
| Amounts payable17/49 | €24,093 | €26,430 | €9,573 | €5,054 | €5,595 | ▲ 10.7% |
| Amounts payable within one year42/48 | €24,093 | €26,430 | €9,573 | €5,054 | €5,595 | ▲ 10.7% |
| Trade debts44 | - | €543 | €3,067 | €81 | €185 | ▲ 128% |
| Suppliers440/4 | - | €543 | €3,067 | €81 | €185 | ▲ 128% |
| Taxes, remuneration and social security45 | - | €1,297 | €948 | €920 | €920 | = |
| Taxes450/3 | - | €1,297 | €948 | €920 | €920 | = |
| Other amounts payable47/48 | - | €24,589 | €5,558 | €4,053 | €4,490 | ▲ 10.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€118 | €13,510 | €3,432 | -€5,924 | -€2,995 | ▲ 49.4% |
| + Depreciation and write-downs630 | €2,204 | €2,490 | €3,113 | €3,113 | €623 | ▼ 80.0% |
| Operating cash flow (approximation) | €2,086 | €16,000 | €6,545 | -€2,811 | -€2,373 | ▲ 15.6% |
| Investment in fixed assets (approximation) | - | -€7,135 | €0 | €0 | - | - |
| Change in cash | - | €6,637 | -€11,278 | -€886 | €1 | ▲ 100% |
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
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 132 days late
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
31-12
Financial
Weakest financial yearnet -€5,924
Net result drops to -€5,924, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Back to profitnet €13,510
Net result €13,510 after 3 loss-making years.
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 119 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Braine-l'Alleud · 1 establishment unit since 2020
Ground area
694 m²
Building footprint
84 m²
Volume, LiDAR
480 m³
Parcel 25742A0073/00_000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LARO LVC
since 20202.300.898.693
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742A0073/00_000 | Wallonia | 694 m² | 1 · 84 m² | 8.0 m · 2 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.
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Of 6,683 companies in sector 49330 we hold annual accounts for 2,302. 1,555 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
Founded12-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0552601080
Registered
09-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.