LAUCODI
ActiveLAUCODI has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €402k and a net result of €84k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 6.73 against 5.19 in 2024), and 14.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
85.1%
Return on assets
17.9%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
30 d late
2023
on the day
2022
31 d late
2021
29 d late
2020
88 d late
2019
88 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€402k▲ 26.6%
2024 · €318k
2018: €157k
2019: €201k
2020: €180k
2021: €201k
2022: €226k
2023: €249k
2024: €318k
2018 → 2025
Total assets
€472k▲ 22.3%
2024 · €386k
2018: €257k
2019: €325k
2020: €250k
2021: €259k
2022: €273k
2023: €315k
2024: €386k
2018 → 2025
Net result
€84k▲ 23.6%
2024 · €68k
2018: €19k
2019: €44k
2020: €-21k
2021: €21k
2022: €25k
2023: €23k
2024: €68k
2018 → 2025
Working capital
€381k▲ 32.5%
2024 · €288k
2018: €183k
2019: €208k
2020: €168k
2021: €185k
2022: €222k
2023: €239k
2024: €288k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€226k▲ 12.3%€249k▲ 10.1%€318k▲ 27.5%€402k▲ 26.6%
Operating result€30k-€63k▲ 110%€36k▼ 42.2%€97k▲ 167%€121k▲ 24.3%
Net result€21k-€25k▲ 16.6%€23k▼ 7.5%€68k▲ 198%€84k▲ 23.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472k
Fixed assets
€24k▼ 18.3%
Current assets
€448k▲ 25.7%
Equity and liabilities €472k
Equity
€402k▲ 26.6%
Debt
€70k▲ 2.3%
The debt ratio falls from 17.8% to 14.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€126k▲
2024 · €101k
Cash flow
€90k▲
2024 · €72k
Solvency
85.1%▲
2024 · 82.2%
Current ratio
6.73▲
2024 · 5.19
Quick ratio
2.65▲
2024 · 2.14
Debt / equity
0.17▼
2024 · 0.22
ROE
21.0%▼
2024 · 21.5%
ROA
17.9%▲
2024 · 17.7%
Interest coverage
28.74▲
2024 · 23.34
Debt
€70k▲
2024 · €69k
Debt ≤ 1 year
€66k▼
2024 · €69k
Income taxes
€32k▲
2024 · €25k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€386k€472k▲
Fixed assets21/28€30k€24k▼
Tangible fixed assets22/27€29k€24k▼
Plant, machinery and equipment23€27k€22k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€494€494=
Current assets29/58€356k€448k▲
Stocks and contracts in progress3€209k€272k▲
Stocks30/36€209k€272k▲
Amounts receivable within one year40/41€56k€76k▲
Trade receivables40€47k€71k▲
Other amounts receivable41€8k€5k▼
Cash at bank and in hand54/58€48k€88k▲
Deferred charges and accrued income490/1€43k€12k▼
Equity and liabilities
Total equity and liabilities10/49€386k€472k▲
Equity10/15€318k€402k▲
Contributions10/11€1€1=
Reserves13€295k€355k▲
Distributable reserves133€295k€355k▲
Profit (loss) carried forward14€22k€47k▲
Amounts payable17/49€69k€70k▲
Amounts payable within one year42/48€69k€66k▼
Trade debts44€4k€655▼
Suppliers440/4€4k€655▼
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€6k€7k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€55k€59k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€19k-
Other operating charges640/8€1k€955▼
Gross operating margin9900€121k€127k▲
Operating profit (loss)9901€97k€121k▲
Financial income75/76B€600€288▼
Recurring financial income75€600€288▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€93k€117k▲
Income taxes67/77€25k€32k▲
Profit (loss) for the period9904€68k€84k▲
Profit (loss) for the period to be appropriated9905€68k€84k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€107k▲
Profit (loss) brought forward from the previous period14P€4k€22k▲
Transfer to equity691/2€50k€60k▲
To other reserves6921€50k€60k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €84k ▲23.6%
Operating result €121k, net result €84k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Equity above €200kEq €201k ▲11.8%
Equity rises from €180k to €201k.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €-21k ▼148%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Equity above €200kEq €201k ▲27.7%
2 profitable years in a row build equity to €201k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zulte · 1 establishment unit since 2010
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.
Sparrenstraat 189870 ZulteGround area
2,051 m²
Building footprint
184 m²
Volume, LiDAR
1,046 m³
Parcel 44037B0431/00R000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sparrenstraat 18, 9870 Zulte
since 20102.193.903.636
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037B0431/00R000 | Flanders | 2,051 m² | 1 · 184 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DUSODIS
BE 0700.560.427
Frasnes-lez-Anvaing · Eq €404k
JEAN DE SMET
BE 0470.884.619
Lennik · Eq €394k
LUPUS SPORTMANAGEMENT
BE 0686.978.447
Gent · Eq €393k
BONO CREATIVE FOOD SOLUTIONS
BE 0508.467.862
Tielt · Eq €413k
Krüger Benelux
BE 0460.552.436
Zoersel · Eq €387k
Of 1,631 companies in sector 46170 we hold annual accounts for 660. 386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2010
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
47251Retail sale of wines and spirits
47791Retail sale of antiques
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.