LATTESTORE
ActiveLATTESTORE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €773k and a net result of €-8k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 9622 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▼-28
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 5.47 against 8.4 in 2023; short-term debt: 16.1% and cash: 40.2% of total assets), and 16.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Sector 47
higher
← 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 2024Solvency, return and age of the figures
Solvency
83.5%
Return on assets
-0.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
30 d late
2022
6 d early
2021
24 d early
2020
8 d early
2019
79 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€773k▼ 1.0%
2023 · €781k
2018: €233k
2019: €391k
2020: €529k
2021: €651k
2022: €715k
2023: €781k
2018 → 2024
Total assets
€927k▲ 2.6%
2023 · €903k
2018: €286k
2019: €437k
2020: €625k
2021: €738k
2022: €828k
2023: €903k
2018 → 2024
Net result
€-8k
2023 · €67k
2018: €82k
2019: €146k
2020: €267k
2021: €199k
2022: €94k
2023: €67k
2018 → 2024
Working capital
€665k▼ 4.6%
2023 · €698k
2018: €215k
2019: €371k
2020: €520k
2021: €583k
2022: €625k
2023: €698k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€529k-€651k▲ 23.1%€715k▲ 9.9%€781k▲ 9.3%€773k▼ 1.0%
Operating result€368k-€265k▼ 27.9%€151k▼ 42.9%€69k▼ 54.4%€-32k
Net result€267k-€199k▼ 25.8%€94k▼ 52.6%€67k▼ 29.3%€-8k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €32k after €69k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €927k
Fixed assets
€113k▲ 1.2%
Current assets
€814k▲ 2.8%
Equity and liabilities €927k
Equity
€773k▼ 1.0%
Debt
€153k▲ 25.9%
The debt ratio rises from 13.5% to 16.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2023 · €99k
Cash flow
€27k▼
2023 · €96k
Solvency
83.5%▼
2023 · 86.5%
Current ratio
5.47▼
2023 · 8.40
Quick ratio
5.47▼
2023 · 8.40
Debt / equity
0.20▲
2023 · 0.16
ROE
-1.0%▼
2023 · 8.5%
ROA
-0.9%▼
2023 · 7.4%
Interest coverage
1.29▲
2023 · -10.82
Debt
€153k▲
2023 · €122k
Debt ≤ 1 year
€149k▲
2023 · €94k
Income taxes
€128▼
2023 · €16k
Staff costs
€67k▼
2023 · €76k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€903k€927k▲
Fixed assets21/28€111k€113k▲
Intangible fixed assets21€54k€36k▼
Tangible fixed assets22/27€57k€76k▲
Plant, machinery and equipment23€672€284▼
Furniture and vehicles24€56k€44k▼
Other tangible fixed assets26-€32k
Financial fixed assets28€185€185=
Current assets29/58€792k€814k▲
Amounts receivable after more than one year29€270k€285k▲
Other amounts receivable291€270k€285k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€64k€117k▲
Trade receivables40€365€587▲
Other amounts receivable41€64k€116k▲
Current investments50/53€180k€34k▼
Cash at bank and in hand54/58€270k€372k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€903k€927k▲
Equity10/15€781k€773k▼
Contributions10/11€19k€19k=
Reserves13€763k€755k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€763k€755k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€122k€153k▲
Amounts payable within one year42/48€94k€149k▲
Trade debts44€67k€84k▲
Suppliers440/4€67k€84k▲
Advances received on contracts in progress46€10k€41k▲
Taxes, remuneration and social security45€17k€23k▲
Taxes450/3€6k€18k▲
Remuneration and social security454/9€11k€6k▼
Other amounts payable47/48-€9
Accrued charges and deferred income492/3€27k€5k▼
Income statement
Code20232024
Non-recurring operating income76A€8k€0▼
Remuneration, social security and pensions62€76k€67k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€34k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€177k€72k▼
Operating profit (loss)9901€69k€-32k▼
Financial income75/76B€4k€26k▲
Recurring financial income75€4k€26k▲
Financial charges65/66B€-9k€2k▲
Recurring financial charges65€-9k€2k▲
Profit (loss) for the period before taxes9903€82k€-8k▼
Income taxes67/77€16k€128▼
Profit (loss) for the period9904€67k€-8k▼
Profit (loss) for the period to be appropriated9905€67k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€761k€-8k▼
Profit (loss) brought forward from the previous period14P€694k€0▼
Transfer from equity791/2-€8k
Transfer to equity691/2€761k€0▼
To other reserves6921€761k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼112%
Net result drops to €-8k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €267k ▲82.9%
Operating result €368k, net result €267k, both a record.
31-12
Financial
Equity above €500kEq €529k ▲35.1%
3 profitable years in a row build equity to €529k.
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zwevegem · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kooigemstraat(S) 418554 ZwevegemGround area
5,295 m²
Building footprint
1,882 m²
Volume, LiDAR
1,083 m³
2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UMBRA PROJECTS
since 20162.283.092.661
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0518/00A000 | Flanders | 3,408 m² | 1 · 1,714 m² | - |
| 34034C0794/00D000 | Flanders | 1,887 m² | 1 · 168 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 11,068 EUR awarded · 6,640 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 3,320 EUR |
| 2024 | 1 | 11,068 EUR | 3,320 EUR |
Schemes
Ecologiepremie+
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Of 277 companies in sector 47519 we hold annual accounts for 130. 46 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2016
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47519Retail trade
47910Retail trade
22240Manufacture of rubber and plastic products
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
46419Wholesale trade
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.