LASO
ActiveSummary
LASO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559,013 and a net result of €168,185. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 1784 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+3
Solvency57▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.19 in 2024; short-term debt: 44.9% and cash: 6.4% of total assets), and 67.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
32.4%
Return on assets
9.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €559,013
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
19 d late
2023
22 d early
2022
54 d early
2021
60 d early
2020
60 d early
2019
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 10 July (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€559,013▲ 43.0%
2024 · €390,828
Total assets
€1.7m▼ 4.0%
2024 · €1.8m
Net result
€168,185▲ 24.9%
2024 · €134,631
Working capital
€311,139▲ 70.3%
2024 · €182,665
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€137,568▼ 23.4%€11,284€304,851▲ 2,602%€219,798▼ 27.9%€267,686▲ 21.8%
Net result-€142,583below the sector's middle half▼ 34.8%€5,862within the sector's middle half€248,230above the sector's middle half▲ 4,135%€134,631within the sector's middle half▼ 45.8%€168,185within the sector's middle half▲ 24.9%
Equity€5,501below the sector's middle half▼ 96.4%€8,483below the sector's middle half▲ 54.2%€256,196within the sector's middle half▲ 2,920%€390,828within the sector's middle half▲ 52.6%€559,013within the sector's middle half▲ 43.0%
Total assets€1.4mwithin the sector's middle half▼ 8.4%€1.6mwithin the sector's middle half▲ 18.4%€1.6mwithin the sector's middle half▼ 0.7%€1.8mwithin the sector's middle half▲ 11.1%€1.7mwithin the sector's middle half▼ 4.0%
Debt€1.4m▲ 1.5%€1.6m▲ 18.2%€1.4m▼ 16.0%€1.4m▲ 3.3%€1.2m▼ 17.1%
Working capital-€61,771within the sector's middle half€193,562within the sector's middle half€270,888within the sector's middle half▲ 39.9%€182,665within the sector's middle half▼ 32.6%€311,139within the sector's middle half▲ 70.3%
Solvency0.4%below the sector's middle half▼ 9.7pp0.5%below the sector's middle half▲ 0.1pp15.9%below the sector's middle half▲ 15.3pp21.8%within the sector's middle half▲ 5.9pp32.4%within the sector's middle half▲ 10.7pp
Current ratio0.91within the sector's middle half▼ 0.201.24within the sector's middle half▲ 0.331.34within the sector's middle half▲ 0.101.19within the sector's middle half▼ 0.151.40within the sector's middle half▲ 0.21
Return on assets (ROA)-10.4%below the sector's middle half▼ 3.3pp0.4%within the sector's middle half▲ 10.7pp15.4%above the sector's middle half▲ 15.0pp7.5%within the sector's middle half▼ 7.9pp9.8%within the sector's middle half▲ 2.3pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€638,429 ▼ 3.6%
Current assets
€1.1m ▼ 4.3%
Equity and liabilities €1.7m
Equity
€559,013 ▲ 43.0%
Debt
€1.2m ▼ 17.1%
Debt's share of the balance-sheet total falls from 78.2% to 67.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€367,819▲
2024 · €301,387
Cash flow
€268,318▲
2024 · €216,220
Quick ratio
0.57▲
2024 · 0.33
Debt to equity
2.08▼
2024 · 3.59
ROE
30.1%▼
2024 · 34.4%
Interest coverage
18.14▲
2024 · 11.47
Debt ≤ 1 year
€773,584▼
2024 · €950,366
Debt > 1 year
€390,555▼
2024 · €453,888
Income taxes
€79,538▲
2024 · €59,844
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €122,560 | €116,683 | €103,129 | €81,589 | €100,133 | ▲ 22.7% |
| Other operating charges640/8 | - | - | - | €7,560 | €9,105 | ▲ 20.4% |
| Gross operating margin9900 | -€15,008 | €127,967 | €407,980 | €308,947 | €376,924 | ▲ 22.0% |
| Operating profit (loss)9901 | -€137,568 | €11,284 | €304,851 | €219,798 | €267,686 | ▲ 21.8% |
| Financial income75/76B | €2,978 | €2,931 | €6,221 | €955 | €311 | ▼ 67.4% |
| Recurring financial income75 | €2,978 | €2,931 | €6,221 | €955 | €311 | ▼ 67.4% |
| Financial charges65/66B | €7,993 | €8,353 | €31,142 | €26,278 | €20,274 | ▼ 22.8% |
| Recurring financial charges65 | €7,993 | €8,353 | €31,142 | €26,278 | €20,274 | ▼ 22.8% |
| Profit (loss) for the period before taxes9903 | -€142,583 | €5,862 | €279,930 | €194,476 | €247,723 | ▲ 27.4% |
| Income taxes67/77 | - | - | €31,700 | €59,844 | €79,538 | ▲ 32.9% |
| Profit (loss) for the period9904 | -€142,583 | €5,862 | €248,230 | €134,631 | €168,185 | ▲ 24.9% |
| Profit (loss) for the period to be appropriated9905 | -€142,583 | €5,862 | €248,230 | €134,631 | €168,185 | ▲ 24.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.6m | €1.6m | €1.8m | €1.7m | ▼ 4.0% |
| Fixed assets21/28 | €756,660 | €639,976 | €552,530 | €662,052 | €638,429 | ▼ 3.6% |
| Tangible fixed assets22/27 | €756,660 | €639,976 | €552,530 | €662,052 | €638,429 | ▼ 3.6% |
| Land and buildings22 | €694,541 | €607,001 | €543,749 | €614,733 | €600,730 | ▼ 2.3% |
| Plant, machinery and equipment23 | €14,499 | €9,242 | €7,594 | €46,531 | €37,313 | ▼ 19.8% |
| Furniture and vehicles24 | €47,620 | €23,733 | €1,187 | €787 | €387 | ▼ 50.8% |
| Current assets29/58 | €617,408 | €986,754 | €1.1m | €1.1m | €1.1m | ▼ 4.3% |
| Stocks and contracts in progress3 | €601,091 | €677,025 | €794,354 | €821,924 | €646,625 | ▼ 21.3% |
| Stocks30/36 | €601,091 | €677,025 | €794,354 | €821,924 | €646,625 | ▼ 21.3% |
| Amounts receivable within one year40/41 | €1,813 | €157,456 | €518 | €188,275 | €326,159 | ▲ 73.2% |
| Trade receivables40 | €363 | €156,704 | - | €186,279 | €311,414 | ▲ 67.2% |
| Other amounts receivable41 | €1,450 | €752 | €518 | €1,995 | €14,745 | ▲ 639% |
| Cash at bank and in hand54/58 | €14,504 | €152,273 | €265,250 | €121,700 | €110,765 | ▼ 9.0% |
| Deferred charges and accrued income490/1 | - | - | €3,287 | €1,133 | €1,175 | ▲ 3.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.6m | €1.6m | €1.8m | €1.7m | ▼ 4.0% |
| Equity10/15 | €5,501 | €8,483 | €256,196 | €390,828 | €559,013 | ▲ 43.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €48,525 | €48,525 | €48,525 | €183,157 | €351,342 | ▲ 91.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €46,665 | €46,665 | €48,525 | €183,157 | €351,342 | ▲ 91.8% |
| Profit (loss) carried forward14 | -€65,021 | -€59,159 | €189,071 | €189,071 | €189,071 | = |
| Investment grants15 | €3,397 | €517 | - | - | - | - |
| Amounts payable17/49 | €1.4m | €1.6m | €1.4m | €1.4m | €1.2m | ▼ 17.1% |
| Amounts payable after more than one year17 | €689,388 | €825,055 | €567,222 | €453,888 | €390,555 | ▼ 14.0% |
| Financial debts170/4 | €689,388 | €825,055 | €567,222 | €453,888 | €390,555 | ▼ 14.0% |
| Amounts payable within one year42/48 | €679,179 | €793,192 | €792,521 | €950,366 | €773,584 | ▼ 18.6% |
| Current portion of amounts payable after more than one year42 | €92,459 | €164,333 | €182,833 | €88,333 | €63,333 | ▼ 28.3% |
| Financial debts43 | - | - | - | €10,000 | - | - |
| Other loans439 | - | - | - | €10,000 | - | - |
| Trade debts44 | €574,494 | €605,309 | €588,380 | €850,394 | €708,845 | ▼ 16.6% |
| Suppliers440/4 | €574,494 | €605,309 | €588,380 | €850,394 | €708,845 | ▼ 16.6% |
| Taxes, remuneration and social security45 | €1,547 | €12,871 | €10,629 | €1,500 | €669 | ▼ 55.4% |
| Taxes450/3 | €1,547 | €12,871 | €10,629 | - | €669 | - |
| Remuneration and social security454/9 | - | - | - | €1,500 | - | - |
| Other amounts payable47/48 | €10,679 | €10,679 | €10,679 | €139 | €737 | ▲ 430% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€142,583 | €5,862 | €248,230 | €134,631 | €168,185 | ▲ 24.9% |
| + Depreciation and write-downs630 | €122,560 | €116,683 | €103,129 | €81,589 | €100,133 | ▲ 22.7% |
| Operating cash flow (approximation) | -€20,023 | €122,545 | €351,359 | €216,220 | €268,318 | ▲ 24.1% |
| Investment in fixed assets (approximation) | - | €1 | -€15,683 | -€191,110 | -€76,511 | ▲ 60.0% |
| Change in cash | - | €137,769 | €112,977 | -€143,550 | -€10,935 | ▲ 92.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Equity above €500,000Eq €559,013 ▲43%
4 profitable years in a row build equity to €559,013.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €248,230 ▲4,135%
Operating result €304,851, net result €248,230, both a record.
31-12
Financial
Equity above €200,000Eq €256,196 ▲2,920%
2 profitable years in a row build equity to €256,196.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €5,862
Net result €5,862 after 2 loss-making years.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€142,583
Net result drops to -€142,583, the lowest in the series; recovery starts the following year.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Equity above €200,000Eq €260,126 ▲81.8%
2 profitable years in a row build equity to €260,126.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Pittem · 3 establishment units since 2003
Ground area
1.3 ha
Building footprint
702 m²
Volume, LiDAR
4,348 m³
3 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
Vijfwegenstraat 2, 8750 Wingene
since 20032.126.578.411
Vijfwegenstraat 4, 8750 Wingene
since 20032.207.363.573
Drogenbroodstraat 57, 8740 Pittem
since 20172.271.519.868
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37003B0370/00E000 | Flanders | 8,365 m² | 1 · 407 m² | 10.9 m · 2 fl. |
| 37019F0232/00L000 | Flanders | 2,760 m² | 1 · 169 m² | 7.3 m · 1 fl. |
| 37019F0284/00P000 | Flanders | 2,045 m² | 1 · 127 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2024 · 2 entries · 2,337 EUR awarded · 2,337 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 2,337 EUR | 2,337 EUR |
Recognitions · licences · registrations
Food safety, FASFC
3 sitesPittem2.271.519.868
Wingene2.126.578.411
Wingene2.207.363.573
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Of 20,577 companies in this sector we hold annual accounts for 1,149. 896 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded05-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479487430
Also
9925:BE0479487430
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.