Skip to content

LARS

Active Private limited companyfounded 2011active for 14 yearsLorkendreef 8, 3930 Hamont-AchelKBO/BCE: BE 0842.072.044
LARS
Follow ReportCompare

Overview

Lifetime

14 annual accounts with figures on one time axis
peak €65,705 (2025)
€65,705▲ 13.6%
lowest -€13,066 (2013)
€40,380▲ 29.6%
peak €115,953 (2025)
€115,953▲ 53.4%
€30,985▲ 19.3%
peak 0.3 FTE (2019)
-not published
Board1 name since 2014
1 directorVERHEIJEN Joep
Documentsfilings and deeds
04-05-202688 days before the deadline
2025micro format
Gross margin from €57,822 to €65,705Result from €31,169 to €40,380Equity from €75,573 to €115,953Debts from €25,976 to €30,985Cash from €66,514 to €114,747

Key points

from the 2025 annual accounts

Equity

€115,953 ▲ 53.4%

LARS has made a profit without a break since 2020.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 6 to 88 days before the end of the period.

Checked score

98
Excellent
Financially stronger than 86% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100+1equity 78.9% of total assets
94+3short-term debt 20.1% · cash 78.1%
100=return on assets 27.5%

Score breakdown

lowers risk
Liquidity: current ratio 4.98, cash €114,747
Equity €115,953 (78.9% of total assets)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €146,938
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 87% of them on solvency, 87% on liquidity, 88% on profitability and 83% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as LARS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of LARS itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for LARS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.98 (3.98 in 2024), above the usual 1.5. Short-term debt is 20.1% and cash 78.1% of total assets. 21.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.98, cash €114,747
NBB · annual accounts
lowers risk · Equity €115,953 (78.9% of total assets)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Size: total assets €146,938
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 filings
Deviation from the deadline
2025
88 days early
2024
43 days early
2023
86 days early
2022
6 days early
2021
32 days early
2020
123 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 58 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VJ
VERHEIJEN Joep
Director, since 16-09-2014
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0842072044
Appointment: VERHEIJEN Joep (director) Gazette deed
Incorporation published on 28-12-2011 · Gazette deed
First establishment LARS - Laboratory for Architectural ReSearch, Lorkendreef 8, Hamont-Achel
All 24 events

Comparable companies

same main activity, similar in size and age
Company
LARS Hamont-Achel €146,938 €65,705 78.9% -
Atelier d' Architecture Marc Vandemeulebroucke, société civile à forme de SPRL Court-Saint-Etienne €142,136 €60,636 78.8% -
BASTIN - COLLIN ARCHITECTES Liège €153,682 €74,353 34.6% -
FM Studio Ghent €132,120 €68,725 56.5% -
Architect Lieven Volckaert Merelbeke-Melle €152,524 €54,828 77.7% -
PENTAGONE ARCHITECTURE Forest €121,787 €57,725 33.2% -
T-ARCHITECTURE Ramillies €178,043 €58,564 51.8% -

These companies have the same main activity as LARS: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €122,000 and €178,000, founded between 2010 and 2012.

Official details

Source: KBO
Status
Active since 23-12-2011Normal situation
Activity
Activities of building architectsNACE 71111
Establishment unit
2.205.814.6423930 Hamont-Achel, since 23-12-2011
Financial year end
31 December
Peppol
Reachable since 30-03-2025
Company details

Annual accounts 2025

€65,705▲ 13.6%
€40,380▲ 29.6%
€115,953▲ 53.4%
€146,938▲ 44.7%
Filing
Filed on 04-05-2026, 88 days before the end of the filing period
Financials

Insights on LARS

LARS files the micro format. That format states no turnover. The gross margin rose from €11,964 in 2012 to €65,705 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 04-05-2026, 88 days before the deadline
€65,705
▲ 13.6%
€60,771
▲ 28.7%
€40,380
▲ 29.6%
€117,292
▲ 61.5%
78.9%
▲ 4.5 percentage points
4.98
▲ 1.00

Turnover 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 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with 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.

LARS Middle half of the sector 80% of the sector Micro accounts in architecture and engineering (NACE 71)

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.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012
Balance sheet: assets
20/58 146,938101,54970,16687,72687,03368,07651,71254,82054,80047,87935,70221,77229,94639,108
21/28 1784,53214,53924,73634,74344,74913,26410,45012,64013,5691,080-2,2917,836
22/27 1784,53214,53924,54634,55344,55913,07410,45012,64013,5691,080-2,2917,836
24 02,82610,99419,16127,32935,4974,092-7231,9861,080-2,2917,836
26 1781,7063,5455,3847,2249,0638,98210,45011,91711,584----
28 --0190190190190-------
29/58 146,76097,01655,62762,99152,29123,32738,44844,37142,16134,30934,62221,77227,65631,272
29 ---------9,442----
290 ---------9,442----
40/41 31,38329,88416,3716,6776,3096,69911,0905,0219,613--8,01525,44115,189
40 31,38329,88414,3735,9826,1626,4256,0273,3499,613--7,79725,44112,254
41 -01,9996941482745,0621,672---218-2,935
54/58 114,74766,51438,19754,88944,21314,60425,51236,68529,86921,87031,30813,30234815,493
490/1 6316181,0581,4251,7682,0231,8462,6652,6782,9983,3144561,866590
Balance sheet: equity and liabilities
10/49 146,938101,54970,16687,72687,03368,07651,71254,82054,80047,87935,70221,77229,94639,108
10/15 115,95375,57344,40445,85252,89745,73540,89343,88235,85425,23217,05412,962-2,78610,281
10/11 6,3246,3246,3246,3246,3246,3246,3246,3246,3246,3246,3246,3246,3246,324
100 ------18,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,27612,27612,27612,27612,27612,27612,27612,276
13 109,62969,24938,08039,52846,57339,41134,56937,55829,53016,7268,5494,4573,9573,957
130/1 --01,8601,8601,860--------
130 ------1,8601,8601,8601,6201,2101,000500500
1311 --01,8601,8601,860--------
133 109,62969,24938,08037,66844,71337,55132,70935,69827,67015,1067,3393,4573,4573,457
14 -000-----2,1812,1812,181-13,066-
17/49 30,98525,97625,76141,87534,13722,34110,81910,93918,94622,64718,6488,81032,73228,827
17 -------------12,676
170/4 -------------12,676
42/48 29,46824,39524,44840,79433,39722,21310,81910,00817,66121,37217,7488,06031,32815,306
44 1,2855218583941,1261,159305118-2,752204536,6237,752
440/4 1,2855218583941,1261,159305118-2,752204536,6237,752
45 11,1939,9281,7187,78520,7378,7183,6292,8626,1887,5666,1241,7158,0797,554
450/3 11,1939,9281,7184,1874,4344,8612,0982,8626,1887,5666,1241,7156,7797,554
454/9 --03,59816,3033,8571,531-----1,300-
47/48 16,99013,94621,87232,61411,53312,3366,8847,02911,47311,05311,6045,89216,625-
492/3 1,5171,5801,3131,08174012809301,2851,2769007501,404845
Income statement
76A ----0702--------
9900 65,70557,82229,90642,08529,95424,92810,60414,80120,18716,2437,95321,194-7,22511,964
62 -08,13610,2108,97810,95511,358-------
630 4,35510,00710,00710,00710,0076,9851,4672,1902,7302,5505402,2912,2913,918
640/8 5786084994904105926036006387336805291,465695
9901 60,77147,20711,26421,37810,5606,396-2,82412,01116,81912,9606,73318,375-10,9817,351
75/76B ----------36412
75 ----------36412
65/66B 1,2321,21482358554679556558348336351,1931,8561,789
65 1,2321,21482358554679556558348336351,1931,8561,789
9903 59,54045,99310,44120,79310,0146,317-2,87911,35515,98512,1276,10117,187-12,8335,575
67/77 19,16014,8253,0015,8062,8521,4761093,3285,3623,9492,0091,4392331,618
9904 40,38031,1697,44014,9877,1624,841-2,9888,02710,6238,1774,09215,748-13,0663,957
9905 40,38031,1697,44014,9877,1624,841-2,9888,02710,6238,1774,09215,748-13,0663,957
Appropriation of the result
9906 40,38031,1697,44014,9877,1624,841-2,9888,02712,80410,3596,2732,681-13,0663,957
791/2 -08,88722,032-02,988-------
691/2 40,38031,1697,44014,9877,1624,84108,02712,8048,1774,092500-3,957
6920 ------0-240410210500-500
6921 40,38031,1697,44014,9877,1624,841-8,02712,5647,7673,882--3,457
694/7 -08,88722,032----------
694 -08,88722,032----------
Social balance sheet
9087 --1110.30.3-------
Hours worked1013 --304404408540664-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

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 PDF
31-12-2024 micro format 18-06-2025 2025-00151920 PDF
31-12-2023 micro format 06-05-2024 2024-00082416 PDF
31-12-2022 micro format 25-07-2023 2023-00270379 PDF
31-12-2021 micro format 29-06-2022 2022-20115578 PDF
31-12-2020 micro format 30-03-2021 2021-09000020 PDF
31-12-2019 micro format 03-07-2020 2020-26200520 PDF
31-12-2018 micro format 06-06-2019 2019-16700085 PDF
31-12-2017 micro format 28-06-2018 2018-25800566 PDF
31-12-2016 micro format 22-06-2017 2017-21400129 PDF
31-12-2015 abbreviated format 09-06-2016 2016-16100049 PDF
31-12-2014 abbreviated format 17-06-2015 2015-17700233 PDF
31-12-2013 abbreviated format 04-06-2014 2014-14800186 PDF
31-12-2012 abbreviated format 29-08-2013 2013-48700501 PDF

Subsidies and aid

Flemish government 2024, 1 entry, €750 awarded, €750 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€750

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012
65,12657,21421,27131,38520,56613,381-1,35714,20119,54915,5107,27320,665-8,69011,269
44,73541,17517,44624,99417,16811,826-1,52110,21713,35210,7274,63218,038-10,7767,875
00-1900038,4704,28201,80015,0401,6200-3,25511,754
48,23228,318-16,69210,67629,609-10,908-11,1736,8167,999-9,43818,00612,954-15,145-
117,29272,62131,17822,19718,8941,11427,62934,36224,50012,93816,87513,712-3,67215,966
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%
4.983.982.281.541.571.053.554.432.391.611.952.700.882.04
0.270.340.580.910.650.490.260.250.530.901.090.68-2.80
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%
52.8747.1325.8553.6537.69---------

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

Item31-12-202331-12-202231-12-2021
Employees at the balance-sheet date-11
full-time-00
part-time-11
in full-time equivalents-0.20.2
0.20.20.2
On a permanent contract-11
Joined0--
Left1--

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.

Board & ownership

Board

1 director, last change in 2023
VERHEIJEN Joep
Director (not named in the articles)
since 16-09-2014 term without a fixed end
listed in the 2025 annual accounts, filed on 04-05-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
VERHEIJEN Joep
Director (not named in the articles)
Board
Mandates as a list
  • VERHEIJEN Joep
    • Director (not named in the articles), from 16-09-2014 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,324
Source
2025 annual accounts

Network & group

No group

LARS has no parent and no holdings in its annual accounts. VERHEIJEN Joep is the only director. LARS shares no director with another company.

Timeline

Timeline

24 events since 2011

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 88 days before the deadline
2025
Highest result from 2012 to 2025 net €40,380 ▲29.6% The operating result of €60,771 and the net result of €40,380 are both a record.
Equity above €100,000 equity €115,953 ▲53.4% After 6 profitable years in a row, equity reaches €115,953.
Annual accounts 2024 filed PDFmicro format · 43 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0842072044
2024
Annual accounts 2023 filed PDFmicro format · 86 days before the deadline
2023
Appointment: VERHEIJEN Joep (director)1 point ▸
  • Director appointment, VERHEIJEN Joep (director (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 6 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 32 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 123 days before the deadline
2020
Back to profit net €4,841 The net result is €4,841, after one loss-making year.
Annual accounts 2019 filed PDFmicro format · 28 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 55 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 33 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 39 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 52 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 44 days before the deadline
2014
Back to profit net €15,748 The net result is €15,748, after one loss-making year.
Liquidity more than triples current ratio 2.70 The current ratio rises from 0.88 to 2.70. Short-term debt falls from €31,328 to €8,060.
Annual accounts 2013 filed PDFabbreviated format · 57 days before the deadline
2013
Weakest financial year net -€13,066 The net result drops to -€13,066, the lowest from 2012 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2011
Incorporation PDFpublished on 28-12-2011
First establishment LARS - Laboratory for Architectural ReSearch, Lorkendreef 8, Hamont-Achel

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

LARS was incorporated on 23 December 2011.1 Total assets rose from €54,820 in 2018 to €146,938 in 2025 and headcount from 0.3 full-time equivalents in 2019 to 1 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2019, 2023 and 2025

Company details

Identity

Enterprise number
0842.072.044
VAT number
BE 0842.072.044
Peppol ID
0208:0842072044
Legal form
Private limited company
Status
Active, normal situation
Founded
23-12-2011
Financial year
ends on 31 December
Peppol
Reachable since 30-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LARS in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
71111 Activities of building architects main activity
Codes under NACEBEL 2008
71111 Architectural and engineering activities; technical testing and analysis main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
LARS - Laboratory for Architectural ReSearch registered office Lorkendreef 8, 3930 Hamont-Achel 23-12-2011 2.205.814.642

Buildings and parcels at the address

Ground area
1,280 m²
Buildings
232 m²
Volume, LiDAR
741 m³
Tallest building
7.5 m
Buildings to scale, each on its own parcel
232 m², 7.5 m 232 m², 7.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
72001A0056/00T0261,280 m² 1 · 232 m² 7.5 m · 1

Contact

E-mail joep_verheijen@hotmail.com

We would like to set cookies. That happens only with your consent. What we measure