LARS
ActiveLARS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €40k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 9430 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
98
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 4.98 against 3.98 in 2024; short-term debt: 20.1% and cash: 78.1% of total assets), and 21.1% of the assets are financed with debt.
Credit advice for your own amount and term
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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
78.9%
Return on assets
27.5%
Age of the figures
9 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
43 d early
2023
86 d early
2022
6 d early
2021
32 d early
2020
123 d early
2019
28 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▲ 53.4%
2024 · €76k
2018: €44k
2019: €41k
2020: €46k
2021: €53k
2022: €46k
2023: €44k
2024: €76k
2018 → 2025
Total assets
€147k▲ 44.7%
2024 · €102k
2018: €55k
2019: €52k
2020: €68k
2021: €87k
2022: €88k
2023: €70k
2024: €102k
2018 → 2025
Net result
€40k▲ 29.6%
2024 · €31k
2018: €8k
2019: €-3k
2020: €5k
2021: €7k
2022: €15k
2023: €7k
2024: €31k
2018 → 2025
Working capital
€117k▲ 61.5%
2024 · €73k
2018: €34k
2019: €28k
2020: €1k
2021: €19k
2022: €22k
2023: €31k
2024: €73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€46k▼ 13.3%€44k▼ 3.2%€76k▲ 70.2%€116k▲ 53.4%
Operating result€11k-€21k▲ 102%€11k▼ 47.3%€47k▲ 319%€61k▲ 28.7%
Net result€7k-€15k▲ 109%€7k▼ 50.4%€31k▲ 319%€40k▲ 29.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 29% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€178▼ 96.1%
Current assets
€147k▲ 51.3%
Equity and liabilities €147k
Equity
€116k▲ 53.4%
Debt
€31k▲ 19.3%
The debt ratio falls from 25.6% to 21.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▲
2024 · €57k
Cash flow
€45k▲
2024 · €41k
Solvency
78.9%▲
2024 · 74.4%
Current ratio
4.98▲
2024 · 3.98
Quick ratio
4.98▲
2024 · 3.98
Debt / equity
0.27▼
2024 · 0.34
ROE
34.8%▼
2024 · 41.2%
ROA
27.5%▼
2024 · 30.7%
Interest coverage
52.87▲
2024 · 47.13
Debt
€31k▲
2024 · €26k
Debt ≤ 1 year
€29k▲
2024 · €24k
Income taxes
€19k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€102k€147k▲
Fixed assets21/28€5k€178▼
Tangible fixed assets22/27€5k€178▼
Furniture and vehicles24€3k€0▼
Other tangible fixed assets26€2k€178▼
Current assets29/58€97k€147k▲
Amounts receivable within one year40/41€30k€31k▲
Trade receivables40€30k€31k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€67k€115k▲
Deferred charges and accrued income490/1€618€631▲
Equity and liabilities
Total equity and liabilities10/49€102k€147k▲
Equity10/15€76k€116k▲
Contributions10/11€6k€6k=
Reserves13€69k€110k▲
Distributable reserves133€69k€110k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€26k€31k▲
Amounts payable within one year42/48€24k€29k▲
Trade debts44€521€1k▲
Suppliers440/4€521€1k▲
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€14k€17k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€4k▼
Other operating charges640/8€608€578▼
Gross operating margin9900€58k€66k▲
Operating profit (loss)9901€47k€61k▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€46k€60k▲
Income taxes67/77€15k€19k▲
Profit (loss) for the period9904€31k€40k▲
Profit (loss) for the period to be appropriated9905€31k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€40k▲
Transfer from equity791/2€0-
Transfer to equity691/2€31k€40k▲
To other reserves6921€31k€40k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €40k ▲29.6%
Operating result €61k, net result €40k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲53.4%
6 profitable years in a row build equity to €116k.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-3k ▼137%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hamont-Achel · 1 establishment unit since 2011
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.
Lorkendreef 83930 Hamont-AchelGround area
1,280 m²
Building footprint
232 m²
Volume, LiDAR
741 m³
Parcel 72001A0056/00T026, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LARS - Laboratory for Architectural ReSearch
since 20112.205.814.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72001A0056/00T026 | Flanders | 1,280 m² | 1 · 232 m² | 7.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 750 EUR awarded · 750 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 750 EUR | 750 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 18,254 companies in sector 71111 we hold annual accounts for 6,321. 5,440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2011
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:joep_verheijen@hotmail.com