Skip to content

Lastec

Active
Private limited companyfounded 2025active for 1 yearWiedauwkaai 192, 9000 Gent, BelgiumKBO/BCE: BE 1021.126.621
Summary

The computed 12-month bankruptcy probability of Lastec is 1.9% (moderate). The 2025 annual accounts show equity of €9,074 and a net result of €3,074. Its solvency ranks better than 17% of 2,316 sector peers (NACE 25, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00496458.

Equity
€9,074
Total assets
€75,442
Net result
€3,074
Working capital
€3,039

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

Balance-sheet composition
Assets €75,442
Fixed assets €16,227
Current assets €59,215
Equity and liabilities €75,442
Equity €9,074
Debt €66,368
Debt finances 88.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€9,458
Cash flow
€7,740
Current ratio
1.05
Quick ratio
0.95
Debt to equity
7.31
ROE
33.9%
ROA
4.1%
Interest coverage
13.42
Debt ≤ 1 year
€56,176
Debt > 1 year
€9,323
Income taxes
€1,050
Staff costs
€35,900

Peer companies

Historical observation

Of the 294 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.6% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
2.0% stopped otherwise
95.6% still going

For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 294 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
Filed annual accounts As filed with the NBB · 2025 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€75,442
Fixed assets21/28€16,227
Tangible fixed assets22/27€16,227
Leasing and similar rights25€16,227
Current assets29/58€59,215
Stocks and contracts in progress3€5,726
Stocks30/36€5,726
Amounts receivable within one year40/41€36,838
Trade receivables40€36,838
Cash at bank and in hand54/58€16,651
Equity and liabilities
Total equity and liabilities10/49€75,442
Equity10/15€9,074
Contributions10/11€6,000
Reserves13€3,074
Distributable reserves133€3,074
Amounts payable17/49€66,368
Amounts payable after more than one year17€9,323
Financial debts170/4€9,323
Amounts payable within one year42/48€56,176
Current portion of amounts payable after more than one year42€7,049
Trade debts44€14,918
Suppliers440/4€14,918
Advances received on contracts in progress46€15,364
Taxes, remuneration and social security45€17,861
Taxes450/3€12,319
Remuneration and social security454/9€5,542
Other amounts payable47/48€984
Accrued charges and deferred income492/3€869
Income statement Code2025
Remuneration, social security and pensions62€35,900
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,666
Other operating charges640/8€585
Gross operating margin9900€45,943
Operating profit (loss)9901€4,792
Financial income75/76B€37
Recurring financial income75€37
Financial charges65/66B€705
Recurring financial charges65€705
Profit (loss) for the period before taxes9903€4,124
Income taxes67/77€1,050
Profit (loss) for the period9904€3,074
Profit (loss) for the period to be appropriated9905€3,074
Appropriation of the result
Profit (loss) to be appropriated9906€3,074
Transfer to equity691/2€3,074
To other reserves6921€3,074

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€35,900
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,666
Other operating charges640/8€585
Gross operating margin9900€45,943
Operating profit (loss)9901€4,792
Financial income75/76B€37
Recurring financial income75€37
Financial charges65/66B€705
Recurring financial charges65€705
Profit (loss) for the period before taxes9903€4,124
Income taxes67/77€1,050
Profit (loss) for the period9904€3,074
Profit (loss) for the period to be appropriated9905€3,074
Line2025
Assets
Total assets20/58€75,442
Fixed assets21/28€16,227
Tangible fixed assets22/27€16,227
Leasing and similar rights25€16,227
Current assets29/58€59,215
Stocks and contracts in progress3€5,726
Stocks30/36€5,726
Amounts receivable within one year40/41€36,838
Trade receivables40€36,838
Cash at bank and in hand54/58€16,651
Equity and liabilities
Total equity and liabilities10/49€75,442
Equity10/15€9,074
Contributions10/11€6,000
Reserves13€3,074
Distributable reserves133€3,074
Amounts payable17/49€66,368
Amounts payable after more than one year17€9,323
Financial debts170/4€9,323
Amounts payable within one year42/48€56,176
Current portion of amounts payable after more than one year42€7,049
Trade debts44€14,918
Suppliers440/4€14,918
Advances received on contracts in progress46€15,364
Taxes, remuneration and social security45€17,861
Taxes450/3€12,319
Remuneration and social security454/9€5,542
Other amounts payable47/48€984
Accrued charges and deferred income492/3€869
Line2025
Profit (loss) for the period9904€3,074
+ Depreciation and write-downs630€4,666
Operating cash flow (approximation)€7,740

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00496458

Similar companies · same sector, comparable size

Of the 3,952 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,160. 730 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.