LAS

Active

Private limited companyfounded 20196 yrs activeRafnusstraat 37, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0739.901.944

The computed 12-month bankruptcy probability of LAS is 4.0% (elevated). The 2025 annual accounts show negative equity (€-16k) and a net result of €-43k. Equity is shrinking by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 17366 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

27 / 100

Weak▼ -21 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+100

Solvency49▲+26

Growth32=

Stability100

Bankruptcy probability, 12 months

4.0% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.21 against 1.01 in 2024), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

-28.5%

Return on assets

-78.7%

Age of the figures

14 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Negative equity

Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year -€16k

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

2 d early

2024

on the day

2023

on the day

2022

1 d early

2021

9 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close05-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-16k

2024 · €29k

2022: €44k 2023: €34k 2024: €29k

2022 → 2025

Total assets

€55k▼ 65.3%

2024 · €159k

2022: €138k 2023: €118k 2024: €159k

2022 → 2025

Net result

€-43k▼ 872%

2024 · €-4k

2022: €-4k 2023: €-10k 2024: €-4k

2022 → 2025

Working capital

€9k▲ 621%

2024 · €1k

2022: €-27k 2023: €-24k 2024: €1k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€44k-€34k▼ 24.1%€29k▼ 15.6%€-16k

Operating result€-1k-€-4k▼ 232%€2k€-37k

Net result€-4k-€-10k▼ 176%€-4k▲ 55.0%€-43k▼ 872%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €37k after €2k in 2024, the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €55k

93.4%

Fixed assets €4k▼ 95.1%

Current assets €51k▼ 39.5%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-34k▼

2024 · €29k

Cash flow

€-40k▼

2024 · €22k

Solvency

-28.5%▼

2024 · 18.0%

Current ratio

1.21▲

2024 · 1.01

Quick ratio

0.84▼

2024 · 0.93

Debt / equity

-4.51▼

2024 · 4.57

ROE

276.4%▲

2024 · -15.6%

ROA

-78.7%▼

2024 · -2.8%

Interest coverage

-4.77▼

2024 · 4.35

Debt

€71k▼

2024 · €130k

Debt ≤ 1 year

€42k▼

2024 · €84k

Debt > 1 year

€28k▼

2024 · €46k

Income taxes

€147▼

2024 · €154

Staff costs

€43k▼

2024 · €74k

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

Total assets 20/58€159k€55k▼

Fixed assets 21/28€74k€4k▼

Intangible fixed assets 21€5k-

Tangible fixed assets 22/27€68k€4k▼

Current assets 29/58€85k€51k▼

Stocks & contracts in progress 3€7k€16k▲

Amounts receivable within one year 40/41€35k€34k▼

Cash & bank 54/58€41k€742▼

Total equity & liabilities 10/49€159k€55k▼

Equity 10/15€29k€-16k▼

Contributions / capital 10/11€5k€5k=

Accumulated profits (losses) 14€24k€-21k▼

Amounts payable 17/49€130k€71k▼

Amounts payable after one year 17€46k€28k▼

Amounts payable within one year 42/48€84k€42k▼

Trade debts payable within one year 44€43k€23k▼

Income statement Code20242025

Gross operating margin 9900€103k€17k▼

Operating result 9901€2k€-37k▼

Financial income 75€15€755▲

Financial charges 65€7k€7k▲

Result before taxes 9903€-4k€-43k▼

Income taxes 67/77€154€147▼

Net result for the period 9904€-4k€-43k▼

Result to be appropriated 9905€-4k€-43k▼

Timeline · acts, filings and financial milestones

All 7Financial 1Gazette 1Filings 5

Next filing, fiscal year 2026, expected by 31-01-2027

2026

29-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-06

Financial Weakest financial yearnet €-43k

Net result drops to €-43k, the lowest in the series.

11-02

State Gazette act Registered-office change

31-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

09-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 9 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 2 acts read

About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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