LASSAUT
ActiveSummary
LASSAUT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,806) and a net result of €6,002. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 10519 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▲+3
Solvency0=
Growth45=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.64 in 2024; short-term debt: 147.7% and cash: 36.8% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-47.7%
Return on assets
5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 10519 sector peers (2025).
NBB · sector comparisonPosition among 10519 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
20 d late
2023
8 d early
2022
21 d early
2021
27 d late
2020
24 d early
2019
11 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 1 day after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 20 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€45,700▼ 13.9%
2022 · €53,090
EBIT margin
10.1%▼ 5.6pp
2022 · 15.7%
Net result
€6,002▲ 41.8%
2024 · €4,233
Working capital
-€56,806▲ 9.6%
2024 · -€62,808
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€44,140▲ 4.0%€53,090▲ 20.3%€45,700▼ 13.9%
Operating result-€21,629▼ 321%€8,340€4,625▼ 44.5%€4,082▼ 11.7%€5,994▲ 46.8%
Net result-€21,581below the sector's middle half▼ 323%€5,880within the sector's middle half€4,678within the sector's middle half▼ 20.5%€4,233within the sector's middle half▼ 9.5%€6,002within the sector's middle half▲ 41.8%
EBIT margin-49.0%▼ 36.9pp15.7%▲ 64.7pp10.1%▼ 5.6pp
Equity-€77,598below the sector's middle half▼ 38.5%-€71,718below the sector's middle half▲ 7.6%-€67,040below the sector's middle half▲ 6.5%-€62,808below the sector's middle half▲ 6.3%-€56,806below the sector's middle half▲ 9.6%
Total assets€121,066within the sector's middle half▲ 2.8%€136,573within the sector's middle half▲ 12.8%€102,258within the sector's middle half▼ 25.1%€109,844within the sector's middle half▲ 7.4%€119,046below the sector's middle half▲ 8.4%
Debt€198,665▲ 14.3%€208,291▲ 4.8%€169,298▼ 18.7%€172,652▲ 2.0%€175,851▲ 1.9%
Working capital-€78,301below the sector's middle half▼ 37.6%-€71,718below the sector's middle half▲ 8.4%-€67,040below the sector's middle half▲ 6.5%-€62,808below the sector's middle half▲ 6.3%-€56,806below the sector's middle half▲ 9.6%
Solvency-64.1%below the sector's middle half▼ 16.5pp-52.5%below the sector's middle half▲ 11.6pp-65.6%below the sector's middle half▼ 13.0pp-57.2%below the sector's middle half▲ 8.4pp-47.7%below the sector's middle half▲ 9.5pp
Current ratio0.61below the sector's middle half▼ 0.070.66below the sector's middle half▲ 0.050.60below the sector's middle half▼ 0.050.64below the sector's middle half▲ 0.030.68below the sector's middle half▲ 0.04
Return on assets (ROA)-17.8%below the sector's middle half▼ 13.5pp4.3%within the sector's middle half▲ 22.1pp4.6%within the sector's middle half▲ 0.3pp3.9%within the sector's middle half▼ 0.7pp5.0%within the sector's middle half▲ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 47% above 2024.
Key figures and ratios
Quick ratio
0.39▲
2024 · 0.35
Debt to equity
-3.10▼
2024 · -2.75
Debt ≤ 1 year
€175,851▲
2024 · €172,652
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,798 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €44,140 | €53,090 | €45,700 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €64,104 | €42,549 | €41,384 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €203 | €702 | - | - | - | - |
| Other operating charges640/8 | €1,463 | €1,499 | €2,091 | €1,955 | €2,585 | ▲ 32.2% |
| Gross operating margin9900 | -€19,963 | €10,541 | €6,716 | €6,037 | €8,579 | ▲ 42.1% |
| Operating profit (loss)9901 | -€21,629 | €8,340 | €4,625 | €4,082 | €5,994 | ▲ 46.8% |
| Financial income75/76B | €48 | €46 | €53 | €151 | €63 | ▼ 58.2% |
| Recurring financial income75 | €48 | €46 | €53 | €151 | €63 | ▼ 58.2% |
| Financial charges65/66B | - | - | €0 | €0 | €55 | ▲ 109,580% |
| Recurring financial charges65 | - | - | €0 | €0 | €55 | ▲ 109,580% |
| Profit (loss) for the period before taxes9903 | -€21,581 | €8,386 | €4,678 | €4,233 | €6,002 | ▲ 41.8% |
| Income taxes67/77 | - | €2,506 | - | - | - | - |
| Profit (loss) for the period9904 | -€21,581 | €5,880 | €4,678 | €4,233 | €6,002 | ▲ 41.8% |
| Profit (loss) for the period to be appropriated9905 | -€21,581 | €5,880 | €4,678 | €4,233 | €6,002 | ▲ 41.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €121,066 | €136,573 | €102,258 | €109,844 | €119,046 | ▲ 8.4% |
| Fixed assets21/28 | €702 | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €702 | €0 | - | - | €0 | - |
| Land and buildings22 | €702 | - | - | - | €0 | - |
| Furniture and vehicles24 | - | - | - | - | €0 | - |
| Current assets29/58 | €120,364 | €136,573 | €102,258 | €109,844 | €119,046 | ▲ 8.4% |
| Stocks and contracts in progress3 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Stocks30/36 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Amounts receivable within one year40/41 | €26,042 | €39,712 | €7,305 | €15,606 | €25,216 | ▲ 61.6% |
| Trade receivables40 | €25,607 | €39,619 | €7,233 | €15,606 | €25,216 | ▲ 61.6% |
| Other amounts receivable41 | €436 | €93 | €72 | - | - | - |
| Cash at bank and in hand54/58 | €44,321 | €46,521 | €44,953 | €44,238 | €43,830 | ▼ 0.9% |
| Deferred charges and accrued income490/1 | - | €340 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €121,066 | €136,573 | €102,258 | €109,844 | €119,046 | ▲ 8.4% |
| Equity10/15 | -€77,598 | -€71,718 | -€67,040 | -€62,808 | -€56,806 | ▲ 9.6% |
| Contributions10/11 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Capital10 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Issued capital100 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Reserves13 | €6,507 | €6,507 | €6,507 | €6,507 | €6,507 | = |
| Non-distributable reserves130/1 | €6,507 | €6,507 | €6,507 | €6,507 | €6,507 | = |
| Legal reserve130 | €6,507 | €6,507 | €6,507 | €6,507 | €6,507 | = |
| Profit (loss) carried forward14 | -€149,106 | -€143,225 | -€138,548 | -€134,315 | -€128,313 | ▲ 4.5% |
| Amounts payable17/49 | €198,665 | €208,291 | €169,298 | €172,652 | €175,851 | ▲ 1.9% |
| Amounts payable within one year42/48 | €198,665 | €208,291 | €169,298 | €172,652 | €175,851 | ▲ 1.9% |
| Trade debts44 | €6,357 | €9,937 | €1,042 | €6,095 | €11,893 | ▲ 95.1% |
| Suppliers440/4 | €6,357 | €9,937 | €1,042 | €6,095 | €11,893 | ▲ 95.1% |
| Taxes, remuneration and social security45 | - | - | - | €152 | €602 | ▲ 297% |
| Taxes450/3 | - | - | - | €152 | €602 | ▲ 297% |
| Other amounts payable47/48 | €192,307 | €198,354 | €168,256 | €166,405 | €163,357 | ▼ 1.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,581 | €5,880 | €4,678 | €4,233 | €6,002 | ▲ 41.8% |
| + Depreciation and write-downs630 | €203 | €702 | - | - | - | - |
| Operating cash flow (approximation) | -€21,378 | €6,583 | €4,678 | €4,233 | €6,002 | ▲ 41.8% |
| Change in cash | - | €2,200 | -€1,569 | -€714 | -€409 | ▲ 42.8% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €6,002 ▲41.8%
Net result €6,002, the highest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5,880
Net result €5,880 after 4 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Weakest financial yearnet -€21,581
Net result drops to -€21,581, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
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
2 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, Geetbets · 1 establishment unit since 2000
Ground area
1,760 m²
Parcel 24095B0310/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
LASSAUT NV
since 20002.097.198.002
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24095B0310/00C000indicative | Flanders | 1,760 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,513 companies in sector 47540 we hold annual accounts for 806. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471430292
Also
9925:BE0471430292
Registered
21-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.