LARS
Annual accounts 2025
micro format, filed on 04-05-2026, 88 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €130,000 and €280,000.
Balance sheet
balance sheet total €146,938 on 31-12-2025in euro
in euro
Position in the sector
78.9%
Higher than 78% of 11,794 companies in 2025.
4.98
Higher than 80% of 11,521 companies in 2025.
27.5%
Higher than 75% of 11,605 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
146,938 | 101,549 | 70,166 | 87,726 | 87,033 | 68,076 | 51,712 | 54,820 | 54,800 | 47,879 | 35,702 | 21,772 | 29,946 | 39,108 | |
21/28 |
178 | 4,532 | 14,539 | 24,736 | 34,743 | 44,749 | 13,264 | 10,450 | 12,640 | 13,569 | 1,080 | - | 2,291 | 7,836 | |
22/27 |
178 | 4,532 | 14,539 | 24,546 | 34,553 | 44,559 | 13,074 | 10,450 | 12,640 | 13,569 | 1,080 | - | 2,291 | 7,836 | |
24 |
0 | 2,826 | 10,994 | 19,161 | 27,329 | 35,497 | 4,092 | - | 723 | 1,986 | 1,080 | - | 2,291 | 7,836 | |
26 |
178 | 1,706 | 3,545 | 5,384 | 7,224 | 9,063 | 8,982 | 10,450 | 11,917 | 11,584 | - | - | - | - | |
28 |
- | - | 0 | 190 | 190 | 190 | 190 | - | - | - | - | - | - | - | |
29/58 |
146,760 | 97,016 | 55,627 | 62,991 | 52,291 | 23,327 | 38,448 | 44,371 | 42,161 | 34,309 | 34,622 | 21,772 | 27,656 | 31,272 | |
29 |
- | - | - | - | - | - | - | - | - | 9,442 | - | - | - | - | |
290 |
- | - | - | - | - | - | - | - | - | 9,442 | - | - | - | - | |
40/41 |
31,383 | 29,884 | 16,371 | 6,677 | 6,309 | 6,699 | 11,090 | 5,021 | 9,613 | - | - | 8,015 | 25,441 | 15,189 | |
40 |
31,383 | 29,884 | 14,373 | 5,982 | 6,162 | 6,425 | 6,027 | 3,349 | 9,613 | - | - | 7,797 | 25,441 | 12,254 | |
41 |
- | 0 | 1,999 | 694 | 148 | 274 | 5,062 | 1,672 | - | - | - | 218 | - | 2,935 | |
54/58 |
114,747 | 66,514 | 38,197 | 54,889 | 44,213 | 14,604 | 25,512 | 36,685 | 29,869 | 21,870 | 31,308 | 13,302 | 348 | 15,493 | |
490/1 |
631 | 618 | 1,058 | 1,425 | 1,768 | 2,023 | 1,846 | 2,665 | 2,678 | 2,998 | 3,314 | 456 | 1,866 | 590 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
146,938 | 101,549 | 70,166 | 87,726 | 87,033 | 68,076 | 51,712 | 54,820 | 54,800 | 47,879 | 35,702 | 21,772 | 29,946 | 39,108 | |
10/15 |
115,953 | 75,573 | 44,404 | 45,852 | 52,897 | 45,735 | 40,893 | 43,882 | 35,854 | 25,232 | 17,054 | 12,962 | -2,786 | 10,281 | |
10/11 |
6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | |
13 |
109,629 | 69,249 | 38,080 | 39,528 | 46,573 | 39,411 | 34,569 | 37,558 | 29,530 | 16,726 | 8,549 | 4,457 | 3,957 | 3,957 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,620 | 1,210 | 1,000 | 500 | 500 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
133 |
109,629 | 69,249 | 38,080 | 37,668 | 44,713 | 37,551 | 32,709 | 35,698 | 27,670 | 15,106 | 7,339 | 3,457 | 3,457 | 3,457 | |
14 |
- | 0 | 0 | 0 | - | - | - | - | - | 2,181 | 2,181 | 2,181 | -13,066 | - | |
17/49 |
30,985 | 25,976 | 25,761 | 41,875 | 34,137 | 22,341 | 10,819 | 10,939 | 18,946 | 22,647 | 18,648 | 8,810 | 32,732 | 28,827 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 12,676 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 12,676 | |
42/48 |
29,468 | 24,395 | 24,448 | 40,794 | 33,397 | 22,213 | 10,819 | 10,008 | 17,661 | 21,372 | 17,748 | 8,060 | 31,328 | 15,306 | |
44 |
1,285 | 521 | 858 | 394 | 1,126 | 1,159 | 305 | 118 | - | 2,752 | 20 | 453 | 6,623 | 7,752 | |
440/4 |
1,285 | 521 | 858 | 394 | 1,126 | 1,159 | 305 | 118 | - | 2,752 | 20 | 453 | 6,623 | 7,752 | |
45 |
11,193 | 9,928 | 1,718 | 7,785 | 20,737 | 8,718 | 3,629 | 2,862 | 6,188 | 7,566 | 6,124 | 1,715 | 8,079 | 7,554 | |
450/3 |
11,193 | 9,928 | 1,718 | 4,187 | 4,434 | 4,861 | 2,098 | 2,862 | 6,188 | 7,566 | 6,124 | 1,715 | 6,779 | 7,554 | |
454/9 |
- | - | 0 | 3,598 | 16,303 | 3,857 | 1,531 | - | - | - | - | - | 1,300 | - | |
47/48 |
16,990 | 13,946 | 21,872 | 32,614 | 11,533 | 12,336 | 6,884 | 7,029 | 11,473 | 11,053 | 11,604 | 5,892 | 16,625 | - | |
492/3 |
1,517 | 1,580 | 1,313 | 1,081 | 740 | 128 | 0 | 930 | 1,285 | 1,276 | 900 | 750 | 1,404 | 845 | |
| Income statement | |||||||||||||||
76A |
- | - | - | - | 0 | 702 | - | - | - | - | - | - | - | - | |
9900 |
65,705 | 57,822 | 29,906 | 42,085 | 29,954 | 24,928 | 10,604 | 14,801 | 20,187 | 16,243 | 7,953 | 21,194 | -7,225 | 11,964 | |
62 |
- | 0 | 8,136 | 10,210 | 8,978 | 10,955 | 11,358 | - | - | - | - | - | - | - | |
630 |
4,355 | 10,007 | 10,007 | 10,007 | 10,007 | 6,985 | 1,467 | 2,190 | 2,730 | 2,550 | 540 | 2,291 | 2,291 | 3,918 | |
640/8 |
578 | 608 | 499 | 490 | 410 | 592 | 603 | 600 | 638 | 733 | 680 | 529 | 1,465 | 695 | |
9901 |
60,771 | 47,207 | 11,264 | 21,378 | 10,560 | 6,396 | -2,824 | 12,011 | 16,819 | 12,960 | 6,733 | 18,375 | -10,981 | 7,351 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | 3 | 6 | 4 | 12 | |
75 |
- | - | - | - | - | - | - | - | - | - | 3 | 6 | 4 | 12 | |
65/66B |
1,232 | 1,214 | 823 | 585 | 546 | 79 | 55 | 655 | 834 | 833 | 635 | 1,193 | 1,856 | 1,789 | |
65 |
1,232 | 1,214 | 823 | 585 | 546 | 79 | 55 | 655 | 834 | 833 | 635 | 1,193 | 1,856 | 1,789 | |
9903 |
59,540 | 45,993 | 10,441 | 20,793 | 10,014 | 6,317 | -2,879 | 11,355 | 15,985 | 12,127 | 6,101 | 17,187 | -12,833 | 5,575 | |
67/77 |
19,160 | 14,825 | 3,001 | 5,806 | 2,852 | 1,476 | 109 | 3,328 | 5,362 | 3,949 | 2,009 | 1,439 | 233 | 1,618 | |
9904 |
40,380 | 31,169 | 7,440 | 14,987 | 7,162 | 4,841 | -2,988 | 8,027 | 10,623 | 8,177 | 4,092 | 15,748 | -13,066 | 3,957 | |
9905 |
40,380 | 31,169 | 7,440 | 14,987 | 7,162 | 4,841 | -2,988 | 8,027 | 10,623 | 8,177 | 4,092 | 15,748 | -13,066 | 3,957 | |
| Appropriation of the result | |||||||||||||||
9906 |
40,380 | 31,169 | 7,440 | 14,987 | 7,162 | 4,841 | -2,988 | 8,027 | 12,804 | 10,359 | 6,273 | 2,681 | -13,066 | 3,957 | |
791/2 |
- | 0 | 8,887 | 22,032 | - | 0 | 2,988 | - | - | - | - | - | - | - | |
691/2 |
40,380 | 31,169 | 7,440 | 14,987 | 7,162 | 4,841 | 0 | 8,027 | 12,804 | 8,177 | 4,092 | 500 | - | 3,957 | |
6920 |
- | - | - | - | - | - | 0 | - | 240 | 410 | 210 | 500 | - | 500 | |
6921 |
40,380 | 31,169 | 7,440 | 14,987 | 7,162 | 4,841 | - | 8,027 | 12,564 | 7,767 | 3,882 | - | - | 3,457 | |
694/7 |
- | 0 | 8,887 | 22,032 | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 0 | 8,887 | 22,032 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
- | - | 1 | 1 | 1 | 0.3 | 0.3 | - | - | - | - | - | - | - | |
Hours worked1013 |
- | - | 304 | 404 | 408 | 540 | 664 | - | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-05-2026 | 2026-00100152 | |
| 31-12-2024 | micro format | 18-06-2025 | 2025-00151920 | |
| 31-12-2023 | micro format | 06-05-2024 | 2024-00082416 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00270379 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20115578 | |
| 31-12-2020 | micro format | 30-03-2021 | 2021-09000020 | |
| 31-12-2019 | micro format | 03-07-2020 | 2020-26200520 | |
| 31-12-2018 | micro format | 06-06-2019 | 2019-16700085 | |
| 31-12-2017 | micro format | 28-06-2018 | 2018-25800566 | |
| 31-12-2016 | micro format | 22-06-2017 | 2017-21400129 | |
| 31-12-2015 | abbreviated format | 09-06-2016 | 2016-16100049 | |
| 31-12-2014 | abbreviated format | 17-06-2015 | 2015-17700233 | |
| 31-12-2013 | abbreviated format | 04-06-2014 | 2014-14800186 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-48700501 |
Subsidies and aid
Flemish government 2024, 1 entry, €750 awarded, €750 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 65,126 | 57,214 | 21,271 | 31,385 | 20,566 | 13,381 | -1,357 | 14,201 | 19,549 | 15,510 | 7,273 | 20,665 | -8,690 | 11,269 | ||
| 44,735 | 41,175 | 17,446 | 24,994 | 17,168 | 11,826 | -1,521 | 10,217 | 13,352 | 10,727 | 4,632 | 18,038 | -10,776 | 7,875 | ||
| 0 | 0 | -190 | 0 | 0 | 38,470 | 4,282 | 0 | 1,800 | 15,040 | 1,620 | 0 | -3,255 | 11,754 | ||
| 48,232 | 28,318 | -16,692 | 10,676 | 29,609 | -10,908 | -11,173 | 6,816 | 7,999 | -9,438 | 18,006 | 12,954 | -15,145 | - | ||
| 117,292 | 72,621 | 31,178 | 22,197 | 18,894 | 1,114 | 27,629 | 34,362 | 24,500 | 12,938 | 16,875 | 13,712 | -3,672 | 15,966 | ||
| 78.9% | 74.4% | 63.3% | 52.3% | 60.8% | 67.2% | 79.1% | 80.0% | 65.4% | 52.7% | 47.8% | 59.5% | -9.3% | 26.3% | ||
| 4.98 | 3.98 | 2.28 | 1.54 | 1.57 | 1.05 | 3.55 | 4.43 | 2.39 | 1.61 | 1.95 | 2.70 | 0.88 | 2.04 | ||
| 0.27 | 0.34 | 0.58 | 0.91 | 0.65 | 0.49 | 0.26 | 0.25 | 0.53 | 0.90 | 1.09 | 0.68 | - | 2.80 | ||
| 34.8% | 41.2% | 16.8% | 32.7% | 13.5% | 10.6% | -7.3% | 18.3% | 29.6% | 32.4% | 24.0% | 121.5% | - | 38.5% | ||
| 27.5% | 30.7% | 10.6% | 17.1% | 8.2% | 7.1% | -5.8% | 14.6% | 19.4% | 17.1% | 11.5% | 72.3% | -43.6% | 10.1% | ||
| 52.87 | 47.13 | 25.85 | 53.65 | 37.69 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | 1 |
| full-time | - | 0 | 0 |
| part-time | - | 1 | 1 |
| in full-time equivalents | - | 0.2 | 0.2 |
| 0.2 | 0.2 | 0.2 | |
| On a permanent contract | - | 1 | 1 |
| Joined | 0 | - | - |
| Left | 1 | - | - |
Source: social balance sheet in the 2021 to 2023 annual accounts
Insights on LARS
The operating result for 2025 is 29% higher than in 2024 and the highest since 2012. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 25.6% to 21.1%. Equity and debt are higher.