Summary
LAVAEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11,651 and a net result of -€23,822. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 5651 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 5651 sector peers (2025).
NBB · sector comparisonPosition among 5651 sector peers
Solvency
better than 19%
← weakest
strongest →
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 26-05-2026, 66 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
66 d early
2024
37 d early
2023
44 d early
2022
46 d early
2021
12 d early
2020
29 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed 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 18 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€11,651▼ 70.4%
2024 · €39,300
Net result
-€23,822
2024 · €6,395
Total assets
€66,421▼ 29.7%
2024 · €94,458
Solvency
17.5%▼ 24.1pp
2024 · 41.6%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€30,660▲ 646%-€12,547€4,805€5,490▲ 14.3%-€23,760
Net result€29,906within the sector's middle half▲ 635%-€16,439below the sector's middle half€3,681below the sector's middle half€6,395within the sector's middle half▲ 73.7%-€23,822below the sector's middle half
Equity€43,720within the sector's middle half▲ 216%€29,224below the sector's middle half▼ 33.2%€32,905below the sector's middle half▲ 12.6%€39,300below the sector's middle half▲ 19.4%€11,651below the sector's middle half▼ 70.4%
Total assets€111,493below the sector's middle half▲ 14.3%€92,353below the sector's middle half▼ 17.2%€98,423below the sector's middle half▲ 6.6%€94,458below the sector's middle half▼ 4.0%€66,421below the sector's middle half▼ 29.7%
Debt€67,773▼ 19.0%€63,129▼ 6.9%€65,518▲ 3.8%€55,158▼ 15.8%€54,770▼ 0.7%
Working capital€43,720within the sector's middle half▲ 268%€18,977within the sector's middle half▼ 56.6%€3,094within the sector's middle half▼ 83.7%€13,635within the sector's middle half▲ 341%-€1,069within the sector's middle half
Solvency39.2%within the sector's middle half▲ 25.0pp31.6%within the sector's middle half▼ 7.6pp33.4%within the sector's middle half▲ 1.8pp41.6%within the sector's middle half▲ 8.2pp17.5%below the sector's middle half▼ 24.1pp
Current ratio1.65within the sector's middle half▲ 0.501.30within the sector's middle half▼ 0.341.05within the sector's middle half▼ 0.251.25within the sector's middle half▲ 0.200.98within the sector's middle half▼ 0.27
Return on assets (ROA)26.8%above the sector's middle half▲ 22.7pp-17.8%below the sector's middle half▼ 44.6pp3.7%within the sector's middle half▲ 21.5pp6.8%within the sector's middle half▲ 3.0pp-35.9%below the sector's middle half▼ 42.6pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23,760 after €5,490 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66,421
Fixed assets
€12,720 ▼ 50.4%
Current assets
€53,701 ▼ 21.9%
Equity and liabilities €66,421
Equity
€11,651 ▼ 70.4%
Debt
€54,770 ▼ 0.7%
Debt's share of the balance-sheet total rises from 58.4% to 82.5%. Equity and debt are lower.
Key figures and ratios
ROE
-204.5%▼
2024 · 16.3%
Debt ≤ 1 year
€54,770▼
2024 · €55,158
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,108 | - | - | €798 | €1,476 | ▲ 85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,943 | €1,939 | €3,827 | €4,616 | €4,616 | = |
| Other operating charges640/8 | €578 | €744 | €418 | €401 | €1,397 | ▲ 248% |
| Gross operating margin9900 | €33,181 | -€9,864 | €9,050 | €10,507 | -€17,747 | ▼ 269% |
| Operating profit (loss)9901 | €30,660 | -€12,547 | €4,805 | €5,490 | -€23,760 | ▼ 533% |
| Financial charges65/66B | €68 | €83 | €124 | €95 | €62 | ▼ 34.7% |
| Recurring financial charges65 | €68 | €83 | €124 | €95 | €62 | ▼ 34.7% |
| Profit (loss) for the period before taxes9903 | €30,592 | -€12,630 | €4,681 | €5,395 | -€23,822 | ▼ 542% |
| Income taxes67/77 | €686 | €3,809 | €1,000 | -€1,000 | - | - |
| Profit (loss) for the period9904 | €29,906 | -€16,439 | €3,681 | €6,395 | -€23,822 | ▼ 473% |
| Profit (loss) for the period to be appropriated9905 | €29,906 | -€16,439 | €3,681 | €6,395 | -€23,822 | ▼ 473% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111,493 | €92,353 | €98,423 | €94,458 | €66,421 | ▼ 29.7% |
| Fixed assets21/28 | - | €10,247 | €29,811 | €25,665 | €12,720 | ▼ 50.4% |
| Tangible fixed assets22/27 | €0 | €10,247 | €25,311 | €21,165 | €12,720 | ▼ 39.9% |
| Plant, machinery and equipment23 | - | - | €9,687 | €7,487 | €2,303 | ▼ 69.2% |
| Furniture and vehicles24 | - | €10,247 | €15,624 | €13,678 | €10,417 | ▼ 23.8% |
| Financial fixed assets28 | - | - | €4,500 | €4,500 | - | - |
| Current assets29/58 | €111,493 | €82,106 | €68,612 | €68,793 | €53,701 | ▼ 21.9% |
| Amounts receivable within one year40/41 | €102,559 | €73,573 | €59,635 | €31,321 | €526 | ▼ 98.3% |
| Trade receivables40 | €37,332 | €15,412 | €16,179 | €30,542 | €526 | ▼ 98.3% |
| Other amounts receivable41 | €65,227 | €58,161 | €43,456 | €779 | - | - |
| Cash at bank and in hand54/58 | €8,934 | €8,533 | €8,977 | €37,472 | €53,175 | ▲ 41.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111,493 | €92,353 | €98,423 | €94,458 | €66,421 | ▼ 29.7% |
| Equity10/15 | €43,720 | €29,224 | €32,905 | €39,300 | €11,651 | ▼ 70.4% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Capital10 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Issued capital100 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €150 | €150 | €3,000 | €3,000 | €3,000 | = |
| Non-distributable reserves130/1 | €150 | €150 | €3,000 | €3,000 | €3,000 | = |
| Legal reserve130 | - | - | €3,000 | €3,000 | €3,000 | = |
| Reserves not available under the articles1311 | €150 | €150 | - | - | - | - |
| Profit (loss) carried forward14 | €13,570 | -€926 | -€95 | €6,300 | -€21,349 | ▼ 439% |
| Amounts payable17/49 | €67,773 | €63,129 | €65,518 | €55,158 | €54,770 | ▼ 0.7% |
| Amounts payable within one year42/48 | €67,773 | €63,129 | €65,518 | €55,158 | €54,770 | ▼ 0.7% |
| Trade debts44 | €5,240 | €2,731 | €5,518 | €4,924 | €35,786 | ▲ 627% |
| Suppliers440/4 | €5,240 | €2,731 | €5,518 | €4,924 | €35,786 | ▲ 627% |
| Taxes, remuneration and social security45 | €2,217 | €398 | - | - | - | - |
| Taxes450/3 | €1,317 | €398 | - | - | - | - |
| Remuneration and social security454/9 | €900 | - | - | - | - | - |
| Other amounts payable47/48 | €60,316 | €60,000 | €60,000 | €50,234 | €18,984 | ▼ 62.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,906 | -€16,439 | €3,681 | €6,395 | -€23,822 | ▼ 473% |
| + Depreciation and write-downs630 | €1,943 | €1,939 | €3,827 | €4,616 | €4,616 | = |
| Operating cash flow (approximation) | €31,849 | -€14,500 | €7,508 | €11,011 | -€19,206 | ▼ 274% |
| Investment in fixed assets (approximation) | - | - | -€23,391 | -€470 | €8,329 | ▲ 1,872% |
| Change in cash | - | -€401 | €444 | €28,495 | €15,703 | ▼ 44.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€23,822
Net result drops to -€23,822, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €3,681
Net result €3,681 after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €29,906 ▲635%
Operating result €30,660, net result €29,906, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €4,067
Net result €4,067 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.14
Current ratio from 0.37 to 1.14; short-term debt falls from €252,841 to €83,703.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hechtel-Eksel · 1 establishment unit since 2017
Ground area
1,307 m²
Building footprint
210 m²
Volume, LiDAR
930 m³
Parcel 72006D0522/00F002, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lavael
since 20172.271.916.182
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72006D0522/00F002 | Flanders | 1,307 m² | 1 · 210 m² | 6.4 m · 1 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.
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 5,591 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded20-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0686670027
Also
9925:BE0686670027
Registered
19-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.