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LASTEK BELGIUM

Active
Public limited companyfounded 1994active for 32 yearsToekomstlaan(HRT) 50, 2200 Herentals, BelgiumKBO/BCE: BE 0453.518.847
Summary

The computed 12-month bankruptcy probability of LASTEK BELGIUM is 7.7% (elevated). The 2025 annual accounts show negative equity (-€1.0m) and a net result of -€1.2m. Equity has been shrinking by about 17% per year since 2018. Its solvency ranks better than 5% of 830 sector peers (NACE 25, financial year 2025). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-10-1994 Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipment NACE 25639and 4 others
Joint committees
149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.073.750.528 2200 Herentals, since 21-10-1994
2.179.394.713 8800 Roeselare, since 21-10-1994
Financial year end
31 December
Peppol
Reachable since 11-12-2025

Board and ownership

Board
  • WOLFSTEE INVESTMENT IManaging director · permanent representative WILS Gustaaf
  • BRABELI BVDirector · since 15-06-2018 · permanent representative WILS Timothy
Shareholders

Financial position

31 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.7%
Annual accounts 2025
Gross margin
€1.5m
▼ 23.4%
Turnover
≈ €2.5m
estimated
Loss
€1.2m
▲ 67.9%
Equity
-€1.0m
Total assets
€9.9m
▲ 13.4%
Employees on 31-12-2025
30
=
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Net result -68%: other schema
Score breakdownraises riskNegative equity -€1.0mLoss of €1.2m, the second in a row (financial year 2025)Liquidity: current ratio 0.92, cash €5,827, halvedSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Show the evidence

Checked score

Score 2025
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 2% of small companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Weak
Solvency 15-12
equity -10.3% of total assets
Liquidity 0-1
short-term debt 103.1% · cash 0.1%
Profitability 4-4
return on assets -12.2%
Bankruptcy probability within 12 months
7.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (748 companies, NACE 25, small)
Last 24 months 12-2024: 1.6%lowest value 01-2025: 1.6%● unchanged vs 12-2024lowest value 02-2025: 1.7%▲ +0.1 percentage points vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.8%▲ +0.1 percentage points vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 2.1%▲ +0.3 percentage points vs 06-2025 08-2025: 2.7%▲ +0.6 percentage points vs 07-2025 09-2025: 2.7%● unchanged vs 08-2025 10-2025: 2.7%● unchanged vs 09-2025 11-2025: 2.7%● unchanged vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.8%▲ +0.1 percentage points vs 02-2026 04-2026: 2.8%● unchanged vs 03-2026 05-2026: 2.8%● unchanged vs 04-2026 06-2026: 2.9%▲ +0.1 percentage points vs 05-2026 07-2026: 3.0%▲ +0.1 percentage points vs 06-2026 08-2026: 3.7%▲ +0.7 percentage points vs 07-2026 09-2026: 7.7%▲ +4.0 percentage points vs 08-2026highest value 10-2026: 7.7%● unchanged vs 09-2026highest value 11-2026: 7.7%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.92 (1.05 in 2024), below 1. Short-term debt is 103.1% and cash 0.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small). It does better than 2% of them on solvency, 1% on liquidity, 6% on profitability and 0% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€1.0m
NBB · annual accounts
raises risk · Loss of €1.2m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.92, cash €5,827, halved
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.0m
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
on the day
2023
34 days early
2022
17 days early
2021
32 days early
2020
17 days early
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€1.0m View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€1.2m View
  • Caution: Lower solvency than 95% of companies in fabricated metal productssector median 45.4% · 830 companies -10.3% View
  • Caution: Result fell in 2025different schema filed ▼ 67.9% View

Recent changes

  1. · Gazette deed Reappointments: WOLFSTEE INVESTMENT I BV (director) and BRABELI BV (director)Permanent representatives: WILS Gustaaf, WILS Timothy and Frederic Bogaerts · Appointment: WOLFSTEE INVESTMENT I BV (managing director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as LASTEK BELGIUM: manufacture of fabricated metal products, except machinery and equipment (NACE 25639). They are comparable in size and age: total assets between €2.4m and €11m, founded between 1976 and 2001.

CompanyTotal assetsGross margin
LASTEK BELGIUM Herentals€9.9m€1.5m
IPL Tooling Lommel Lommel€10.7m€2.3m
bo-solutions Roeselare€7.3m€2.7m
PRECICARB Verviers€3.1m€3.2m
DIAMANT DRILLING SERVICES Charleroi€3.1m€1.7m
TUMAG Turnhout€3.6m€2.5m
SURTECHNO Pelt€2.4m€2.1m
Full comparison

Key facts about LASTEK BELGIUM

What is the company number of LASTEK BELGIUM?
The company number of LASTEK BELGIUM is 0453.518.847. The VAT number is the same number with BE in front: BE 0453.518.847.
Where is LASTEK BELGIUM based?
The registered office is at Toekomstlaan(HRT) 50, 2200 Herentals.Company details
What does LASTEK BELGIUM do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25639).
What is the legal form of LASTEK BELGIUM?
The legal form of LASTEK BELGIUM is Public limited company (NV).
When was LASTEK BELGIUM founded?
LASTEK BELGIUM was founded on 06-10-1994.
Is LASTEK BELGIUM still active?
Yes, LASTEK BELGIUM is an active enterprise in the KBO register.
How many employees does LASTEK BELGIUM have?
LASTEK BELGIUM had an average of 28.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LASTEK BELGIUM fall under?
In its 2025 annual accounts, LASTEK BELGIUM states joint committees 149 (Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of LASTEK BELGIUM?
The turnover in financial year 2025 is ≈ €2.5m. This figure is estimated from the gross margin of €1.5m and 1,584 comparable companies of the same size. It probably lies between €1.7m and €4.2m. It is a rough estimate.
Is LASTEK BELGIUM profitable?
In financial year 2025, LASTEK BELGIUM made a loss of €1.2m.
Where can I find the annual accounts of LASTEK BELGIUM?
LASTEK BELGIUM filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LASTEK BELGIUM due?
LASTEK BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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