LAUZAN
ActiveLAUZAN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €368k and a net result of €174k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 10250 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency34▼-42
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 2.21 in 2024), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
18%
Return on assets
8.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 9 filingsDeviation from the deadline
2025
28 d late
2024
26 d late
2023
58 d late
2022
60 d late
2021
31 d late
2020
24 d late
2019
26 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€368k▼ 47.2%
2024 · €696k
2018: €402k
2019: €442k
2020: €664k
2021: €890k
2022: €780k
2023: €1.02M
2024: €696k
2018 → 2025
Total assets
€2.05M▲ 1.0%
2024 · €2.03M
2018: €1.72M
2019: €2.27M
2020: €2.29M
2021: €2.27M
2022: €1.98M
2023: €2.02M
2024: €2.03M
2018 → 2025
Net result
€174k▲ 17.2%
2024 · €149k
2018: €54k
2019: €40k
2020: €224k
2021: €203k
2022: €187k
2023: €240k
2024: €149k
2018 → 2025
Working capital
€519k▼ 37.1%
2024 · €826k
2018: €618k
2019: €608k
2020: €851k
2021: €896k
2022: €705k
2023: €1.02M
2024: €826k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€890k-€780k▼ 12.3%€1.02M▲ 30.6%€696k▼ 31.7%€368k▼ 47.2%
Operating result€298k-€268k▼ 10.0%€338k▲ 25.8%€215k▼ 36.4%€251k▲ 16.6%
Net result€203k-€187k▼ 8.1%€240k▲ 28.5%€149k▼ 38.1%€174k▲ 17.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.05M
Fixed assets
€433k▼ 16.5%
Current assets
€1.61M▲ 7.0%
Equity and liabilities €2.05M
Equity
€368k▼ 47.2%
Debt
€1.68M▲ 26.2%
The debt ratio rises from 65.6% to 82.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€424k▲
2024 · €379k
Cash flow
€348k▲
2024 · €312k
Solvency
18.0%▼
2024 · 34.4%
Current ratio
1.48▼
2024 · 2.21
Quick ratio
1.20▼
2024 · 1.73
Debt / equity
4.56▲
2024 · 1.91
ROE
47.4%▲
2024 · 21.3%
ROA
8.5%▲
2024 · 7.3%
Interest coverage
19.43▼
2024 · 20.95
Debt
€1.68M▲
2024 · €1.33M
Debt ≤ 1 year
€1.09M▲
2024 · €680k
Debt > 1 year
€585k▼
2024 · €648k
Income taxes
€55k▲
2024 · €48k
Staff costs
€303k▲
2024 · €284k
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€2.03M€2.05M▲
Fixed assets21/28€519k€433k▼
Intangible fixed assets21€96k€41k▼
Tangible fixed assets22/27€418k€387k▼
Plant, machinery and equipment23€53k€56k▲
Furniture and vehicles24€69k€105k▲
Other tangible fixed assets26€296k€226k▼
Financial fixed assets28€5k€5k=
Current assets29/58€1.51M€1.61M▲
Stocks and contracts in progress3€330k€297k▼
Stocks30/36€330k€297k▼
Amounts receivable within one year40/41€172k€225k▲
Trade receivables40€136k€195k▲
Other amounts receivable41€36k€30k▼
Cash at bank and in hand54/58€999k€1.08M▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€2.03M€2.05M▲
Equity10/15€696k€368k▼
Contributions10/11€135k€135k=
Reserves13€562k€233k▼
Distributable reserves133€562k€233k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€1.33M€1.68M▲
Amounts payable after more than one year17€648k€585k▼
Financial debts170/4€198k€147k▼
Trade debts175€451k€438k▼
Amounts payable within one year42/48€680k€1.09M▲
Current portion of amounts payable after more than one year42€50k€51k▲
Trade debts44€97k€83k▼
Suppliers440/4€97k€83k▼
Advances received on contracts in progress46€41k€42k▲
Taxes, remuneration and social security45€30k€56k▲
Remuneration and social security454/9€30k€56k▲
Other amounts payable47/48€463k€861k▲
Income statement
Code20242025
Remuneration, social security and pensions62€284k€303k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164k€174k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€666k€731k▲
Operating profit (loss)9901€215k€251k▲
Financial income75/76B€60€944▲
Recurring financial income75€60€944▲
Financial charges65/66B€18k€22k▲
Recurring financial charges65€18k€22k▲
Profit (loss) for the period before taxes9903€197k€230k▲
Income taxes67/77€48k€55k▲
Profit (loss) for the period9904€149k€174k▲
Profit (loss) for the period to be appropriated9905€149k€174k▲
Appropriation of the result
Profit (loss) to be appropriated9906€149k€174k▲
Transfer from equity791/2€470k€500k▲
Transfer to equity691/2€147k€171k▲
To other reserves6921€147k€171k▲
Profit to be distributed694/7€471k€503k▲
Return on contributions (dividend)694€470k€500k▲
Directors or managers695€1k€3k▲
Social balance
Average headcount (FTE)90878.08.6▲
The notes to these accounts (19 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
31-12
Financial
Highest result since 2018net €240k ▲28.5%
Operating result €338k, net result €240k, both a record.
31-12
Financial
Equity above €1MEq €1.02M ▲30.6%
6 profitable years in a row build equity to €1.02M.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
31-12
Financial
Equity above €500kEq €664k ▲50.3%
3 profitable years in a row build equity to €664k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet €40k ▼26.8%
Net result drops to €40k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Keerbergen · 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.
Putsebaan 1433140 KeerbergenGround area
2,295 m²
Building footprint
1,016 m²
Volume, LiDAR
4,645 m³
Parcel 24048C0334/00W003, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Proxy Delhaize
since 20162.256.977.588
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048C0334/00W003 | Flanders | 2,295 m² | 1 · 1,016 m² | 10.5 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyKeerbergen2.256.977.588
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Of 10,412 companies in sector 47110 we hold annual accounts for 5,786. 3,513 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2016
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.