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LAUVIN

Active
Private limited companyfounded 20215 yrs activeOude Hoevestraat 11, 3600 Genk, BelgiumKBO/BCE: BE 0774.425.630
Summary

The computed 12-month bankruptcy probability of LAUVIN is 2.6% (moderate). The 2024 annual accounts show equity of €244,265 and a net result of €32,504. Equity is growing by ~5.4% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability85▲+2
Solvency100=
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 9.81 against 4.04 in 2023; short-term debt: 4.9% and cash: 47.9% of total assets), and 4.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
42 d early
2024
14 d early
2023
12 d early
2022
22 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 12 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 19 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 August 2021, LAUVIN was incorporated as a Private limited company.1 Total assets went from EUR 230,199 in 2022 to EUR 256,809 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€244,265▲ 15.3%
2023 · €211,761
Total assets
€256,809▲ 11.0%
2023 · €231,328
Net result
€32,504▲ 21.3%
2023 · €26,807
Working capital
€110,560▲ 85.6%
2023 · €59,553
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€32,099-€36,899▲ 15.0%€44,776▲ 21.3%
Net result€23,338-€26,807▲ 14.9%€32,504▲ 21.3%
Equity€220,288-€211,761▼ 3.9%€244,265▲ 15.3%
Total assets€230,199-€231,328▲ 0.5%€256,809▲ 11.0%
Debt€9,911-€19,567▲ 97.4%€12,545▼ 35.9%
Working capital€50,390-€59,553▲ 18.2%€110,560▲ 85.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2022: €32,099€32,099Net result 2022: €23,338€23,338Operating result 2023: €36,899€36,899Net result 2023: €26,807€26,807Operating result 2024: €44,776€44,776Net result 2024: €32,504€32,504202220232024€0€20,000€40,000Operating result 2022: €32,099€32,100Net result 2022: €23,338€23,300Operating result 2023: €36,899€36,900Net result 2023: €26,807€26,800Operating result 2024: €44,776€44,800Net result 2024: €32,504€32,500202220232024
The operating result has risen two years in a row; 2024 is 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €256,809
Fixed assets €133,705 ▼ 12.2%
Current assets €123,105 ▲ 55.6%
Equity and liabilities €256,809
Equity €244,265 ▲ 15.3%
Debt €12,545 ▼ 35.9%
Debt's share of the balance-sheet total falls from 8.5% to 4.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€63,278▲
2023 · €55,401
Cash flow
€51,006▲
2023 · €45,310
Current ratio
9.81▲
2023 · 4.04
Debt to equity
0.05▼
2023 · 0.09
ROE
13.3%▲
2023 · 12.7%
ROA
12.7%▲
2023 · 11.6%
Interest coverage
767.01▼
2023 · 1420.55
Debt ≤ 1 year
€12,545▼
2023 · €19,567
Income taxes
€12,189▲
2023 · €10,053
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 1.0%
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% 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 26,975 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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€231,328€256,809▲
Fixed assets21/28€152,207€133,705▼
Tangible fixed assets22/27€152,207€133,705▼
Land and buildings22€152,207€133,705▼
Current assets29/58€79,121€123,105▲
Cash at bank and in hand54/58€79,121€123,105▲
Equity and liabilities
Total equity and liabilities10/49€231,328€256,809▲
Equity10/15€211,761€244,265▲
Contributions10/11€7,729€7,729=
Reserves13€204,032€236,536▲
Non-distributable reserves130/1€9,711€9,711=
Reserves not available under the articles1311€9,711€9,711=
Tax-exempt reserves132€6,236€6,236=
Distributable reserves133€188,086€220,590▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€19,567€12,545▼
Amounts payable within one year42/48€19,567€12,545▼
Trade debts44€763€356▼
Suppliers440/4€763€356▼
Taxes, remuneration and social security45€18,804€12,189▼
Taxes450/3€18,804€12,189▼
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,502€18,502=
Other operating charges640/8€12,717€13,280▲
Gross operating margin9900€68,119€76,558▲
Operating profit (loss)9901€36,899€44,776▲
Financial charges65/66B€39€83▲
Recurring financial charges65€39€83▲
Profit (loss) for the period before taxes9903€36,860€44,693▲
Income taxes67/77€10,053€12,189▲
Profit (loss) for the period9904€26,807€32,504▲
Profit (loss) for the period to be appropriated9905€26,807€32,504▲
Appropriation of the result
Profit (loss) to be appropriated9906€26,807€32,504▲
Transfer from equity791/2€35,334€0▼
Transfer to equity691/2€26,807€32,504▲
To other reserves6921€26,807€32,504▲
Profit to be distributed694/7€35,334€0▼
Return on contributions (dividend)694€35,334€0▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,240€18,502€18,502=
Other operating charges640/8€13,139€12,717€13,280▲ 4.4%
Gross operating margin9900€71,479€68,119€76,558▲ 12.4%
Operating profit (loss)9901€32,099€36,899€44,776▲ 21.3%
Financial charges65/66B€10€39€83▲ 112%
Recurring financial charges65€10€39€83▲ 112%
Profit (loss) for the period before taxes9903€32,090€36,860€44,693▲ 21.3%
Income taxes67/77€8,752€10,053€12,189▲ 21.3%
Profit (loss) for the period9904€23,338€26,807€32,504▲ 21.3%
Profit (loss) for the period to be appropriated9905€23,338€26,807€32,504▲ 21.3%
Line202220232024Change
Assets
Total assets20/58€230,199€231,328€256,809▲ 11.0%
Fixed assets21/28€170,710€152,207€133,705▼ 12.2%
Tangible fixed assets22/27€170,710€152,207€133,705▼ 12.2%
Land and buildings22€170,710€152,207€133,705▼ 12.2%
Current assets29/58€59,489€79,121€123,105▲ 55.6%
Cash at bank and in hand54/58€59,489€79,121€123,105▲ 55.6%
Equity and liabilities
Total equity and liabilities10/49€230,199€231,328€256,809▲ 11.0%
Equity10/15€220,288€211,761€244,265▲ 15.3%
Contributions10/11€7,729€7,729€7,729=
Reserves13€212,559€204,032€236,536▲ 15.9%
Non-distributable reserves130/1€9,711€9,711€9,711=
Reserves not available under the articles1311€9,711€9,711€9,711=
Tax-exempt reserves132€6,236€6,236€6,236=
Distributable reserves133€196,613€188,086€220,590▲ 17.3%
Profit (loss) carried forward14-€0€0-
Amounts payable17/49€9,911€19,567€12,545▼ 35.9%
Amounts payable within one year42/48€9,099€19,567€12,545▼ 35.9%
Trade debts44€348€763€356▼ 53.4%
Suppliers440/4€348€763€356▼ 53.4%
Taxes, remuneration and social security45€8,752€18,804€12,189▼ 35.2%
Taxes450/3€8,752€18,804€12,189▼ 35.2%
Accrued charges and deferred income492/3€812€0--
Line202220232024Change
Profit (loss) for the period9904€23,338€26,807€32,504▲ 21.3%
+ Depreciation and write-downs630€26,240€18,502€18,502=
Operating cash flow (approximation)€49,578€45,310€51,006▲ 12.6%
Investment in fixed assets (approximation)-€0€0▼ 100%
Change in cash-€19,632€43,984▲ 124%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €32,504 ▲21.3%
Operating result €44,776, net result €32,504, both a record.
31-12
Financial Liquidity doublescurrent ratio 9.81
Current ratio from 4.04 to 9.81; short-term debt falls from €19,567 to €12,545.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Genk · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
3,608 m²
Building footprint
238 m²
Volume, LiDAR
1,107 m³
Parcel 71303B0586/00D000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAUVIN
Oude Hoevestraat 11, 3600 GenkAgents specialised in the wholesale of other particular products
since 20212.323.808.016
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71303B0586/00D000 Flanders 3,608 m² 1 · 238 m² 7.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded30-08-2021
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0774425630
Registered 02-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.