LARUE & STEINBECK
ActiveLARUE & STEINBECK has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €401k and a net result of €39k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+2
Solvency48▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.04 in 2024; short-term debt: 57.4% and cash: 16.9% of total assets), and 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 49
higher
← 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 2025Solvency, return and age of the figures
Solvency
23.3%
Return on assets
2.3%
Age of the figures
9 mo
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
35 d early
2023
18 d early
2022
26 d early
2021
40 d early
2020
20 d late
2019
18 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€39k▲ 70.4%
2024 · €23k
2018: €40k
2019: €15k
2020: €50k
2021: €14k
2022: €31k
2023: €-188k
2024: €23k
2018 → 2025
Working capital
€7k▼ 83.4%
2024 · €40k
2018: €266k
2019: €245k
2020: €208k
2021: €411k
2022: €305k
2023: €61k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€612k-€641k▲ 4.8%€441k▼ 31.2%€411k▼ 6.8%€401k▼ 2.6%
Operating result€33k-€57k▲ 72.4%€-164k€48k€66k▲ 37.3%
Net result€14k-€31k▲ 119%€-188k€23k€39k▲ 70.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.72M
Fixed assets
€725k▲ 11.8%
Current assets
€993k▼ 5.3%
Equity and liabilities €1.72M
Equity
€401k▼ 2.6%
Debt
€1.32M▲ 2.4%
The debt ratio rises from 75.8% to 76.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€262k▲
2024 · €234k
Cash flow
€236k▲
2024 · €210k
Solvency
23.3%▼
2024 · 24.2%
Current ratio
1.01▼
2024 · 1.04
Quick ratio
0.98▼
2024 · 1.01
Debt / equity
3.29▲
2024 · 3.13
ROE
9.8%▲
2024 · 5.6%
ROA
2.3%▲
2024 · 1.4%
Interest coverage
11.78▲
2024 · 10.19
Debt
€1.32M▲
2024 · €1.29M
Debt ≤ 1 year
€986k▼
2024 · €1.01M
Debt > 1 year
€324k▲
2024 · €277k
Income taxes
€4k▲
2024 · €3k
Staff costs
€937k▼
2024 · €954k
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€1.70M€1.72M▲
Fixed assets21/28€648k€725k▲
Tangible fixed assets22/27€452k€528k▲
Plant, machinery and equipment23€26k€23k▼
Furniture and vehicles24€156k€115k▼
Leasing and similar rights25€256k€389k▲
Other tangible fixed assets26€14k€1k▼
Financial fixed assets28€196k€196k=
Current assets29/58€1.05M€993k▼
Stocks and contracts in progress3€31k€30k▼
Stocks30/36€31k€30k▼
Amounts receivable within one year40/41€753k€658k▼
Trade receivables40€720k€643k▼
Other amounts receivable41€33k€16k▼
Cash at bank and in hand54/58€242k€290k▲
Deferred charges and accrued income490/1€24k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.70M€1.72M▲
Equity10/15€411k€401k▼
Contributions10/11€19k€19k=
Reserves13€253k€242k▼
Tax-exempt reserves132€100k€100k=
Distributable reserves133€153k€142k▼
Profit (loss) carried forward14€140k€140k=
Amounts payable17/49€1.29M€1.32M▲
Amounts payable after more than one year17€277k€324k▲
Financial debts170/4€277k€324k▲
Amounts payable within one year42/48€1.01M€986k▼
Current portion of amounts payable after more than one year42€181k€191k▲
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€555k€493k▼
Suppliers440/4€555k€493k▼
Taxes, remuneration and social security45€124k€142k▲
Taxes450/3€18k€19k▲
Remuneration and social security454/9€106k€122k▲
Other amounts payable47/48€100k€111k▲
Accrued charges and deferred income492/3€207€7k▲
Income statement
Code20242025
Non-recurring operating income76A€22k€5k▼
Remuneration, social security and pensions62€954k€937k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186k€197k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-1k
Other operating charges640/8€12k€11k▼
Gross operating margin9900€1.20M€1.21M▲
Operating profit (loss)9901€48k€66k▲
Financial income75/76B€1k€482▼
Recurring financial income75€1k€482▼
Financial charges65/66B€23k€22k▼
Recurring financial charges65€23k€22k▼
Profit (loss) for the period before taxes9903€26k€44k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€23k€39k▲
Profit (loss) for the period to be appropriated9905€23k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€163k€179k▲
Profit (loss) brought forward from the previous period14P€140k€140k=
Transfer from equity791/2€53k€50k▼
Transfer to equity691/2€23k€39k▲
To other reserves6921€23k€39k▲
Profit to be distributed694/7€53k€50k▼
Return on contributions (dividend)694€53k€50k▼
Social balance
Average headcount (FTE)908715.815.0▼
The notes to these accounts (18 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-188k ▼708%
Net result drops to €-188k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
31-12
Financial
Highest result since 2018net €50k ▲239%
Operating result €74k, net result €50k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
22-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Welkenraedt · 1 establishment unit since 1999
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.
Chemin du Duc 5a4840 WelkenraedtGround area
3,323 m²
Building footprint
642 m²
Volume, LiDAR
5,135 m³
Parcel 63084B0338/00F000, Wallonia · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chemin du Duc 5 A, 4840 Welkenraedt
since 19992.090.004.857
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084B0338/00F000 | Wallonia | 3,323 m² | 1 · 642 m² | 9.1 m · 3 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.
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BE 0735.526.551
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VERSAEVEL
BE 0475.667.412
Wervik · Eq €401k
TRANSPORT VANDEWOUDE
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 5,525 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-1998
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.