LAVANDO BIO
ActiveSummary
LAVANDO BIO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€205,779) and a net result of -€24,065. Equity is shrinking by ~7.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability62▼-6
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.76 against 25.57 in 2023; short-term debt: 3.5% and cash: 1.7% of total assets), but equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
-44.9%
Return on assets
-5.2%
Age of the figures
21 mo
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 31-12-2024 was due by 31-07-2025 and was filed on 11-10-2025, 72 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
not confirmed
2024
72 d late
2023
69 d late
2022
30 d late
2021
61 d late
2020
48 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, unclassified schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€24,065▼ 758%
2023 · -€2,805
Working capital
€60,894▼ 11.5%
2023 · €68,785
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€7,532▲ 15.4%-€18,405▼ 144%-€10,425▲ 43.4%-€2,314▲ 77.8%-€23,541▼ 917%
Net result-€7,806below the sector's middle half▲ 18.4%-€18,892▼ 142%-€10,723▲ 43.2%-€2,805▲ 73.8%-€24,065▼ 758%
Equity-€149,294below the sector's middle half▼ 5.5%-€168,185▼ 12.7%-€178,909▼ 6.4%-€181,714▼ 1.6%-€205,779▼ 13.2%
Total assets€436,373below the sector's middle half▲ 58.7%€443,352▲ 1.6%€483,026▲ 8.9%€475,120▼ 1.6%€458,779▼ 3.4%
Debt€585,667▲ 40.6%€611,537▲ 4.4%€661,935▲ 8.2%€656,834▼ 0.8%€664,558▲ 1.2%
Working capital-€32,450within the sector's middle half€56,080€95,987▲ 71.2%€68,785▼ 28.3%€60,894▼ 11.5%
Solvency-34.2%below the sector's middle half▲ 17.2pp-37.9%▼ 3.7pp-37.0%▲ 0.9pp-38.2%▼ 1.2pp-44.9%▼ 6.6pp
Current ratio0.76below the sector's middle half24.72▲ 23.9682.75▲ 58.0325.57▼ 57.174.76▼ 20.81
Return on assets (ROA)-1.8%below the sector's middle half▲ 1.7pp-4.3%▼ 2.5pp-2.2%▲ 2.0pp-0.6%▲ 1.6pp-5.2%▼ 4.7pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23,541 in 2024 against €2,314 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €458,779
Fixed assets
€381,698 ▼ 5.4%
Current assets
€77,080 ▲ 7.7%
Key figures and ratios
EBITDA
€20,399▼
2023 · €48,720
Cash flow
€19,874▼
2023 · €48,228
Quick ratio
1.17▼
2023 · 6.81
Debt to equity
-3.23▲
2023 · -3.61
Interest coverage
58.29▼
2023 · 148.91
Debt ≤ 1 year
€16,186▲
2023 · €2,799
Debt > 1 year
€648,372▼
2023 · €654,035
Income taxes
€174▲
2023 · €164
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
4.0%
stopped otherwise
93%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
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%.
| 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 1,242 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,846 | €38,535 | €47,364 | €51,034 | €43,940 | ▼ 13.9% |
| Other operating charges640/8 | - | €300 | €510 | €573 | €892 | ▲ 55.8% |
| Gross operating margin9900 | €19,693 | €20,430 | €37,448 | €49,293 | €21,291 | ▼ 56.8% |
| Operating profit (loss)9901 | -€7,532 | -€18,405 | -€10,425 | -€2,314 | -€23,541 | ▼ 917% |
| Financial income75/76B | - | €1 | €25 | - | - | - |
| Recurring financial income75 | €12 | €1 | €25 | - | - | - |
| Financial charges65/66B | - | €340 | €166 | €327 | €350 | ▲ 7.0% |
| Recurring financial charges65 | €141 | €340 | €166 | €327 | €350 | ▲ 7.0% |
| Profit (loss) for the period before taxes9903 | -€7,661 | -€18,744 | -€10,566 | -€2,641 | -€23,891 | ▼ 805% |
| Income taxes67/77 | €145 | €147 | €157 | €164 | €174 | ▲ 6.1% |
| Profit (loss) for the period9904 | -€7,806 | -€18,892 | -€10,723 | -€2,805 | -€24,065 | ▼ 758% |
| Profit (loss) for the period to be appropriated9905 | -€7,806 | -€18,892 | -€10,723 | -€2,805 | -€24,065 | ▼ 758% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €436,373 | €443,352 | €483,026 | €475,120 | €458,779 | ▼ 3.4% |
| Fixed assets21/28 | €333,819 | €384,907 | €385,865 | €403,536 | €381,698 | ▼ 5.4% |
| Tangible fixed assets22/27 | €333,819 | €384,907 | €385,865 | €403,536 | €381,698 | ▼ 5.4% |
| Land and buildings22 | - | €157,415 | €148,045 | €142,086 | €149,038 | ▲ 4.9% |
| Plant, machinery and equipment23 | - | €65,572 | €99,881 | €88,881 | €79,048 | ▼ 11.1% |
| Furniture and vehicles24 | - | €161,921 | €137,939 | €172,570 | €153,612 | ▼ 11.0% |
| Current assets29/58 | €102,554 | €58,445 | €97,161 | €71,584 | €77,080 | ▲ 7.7% |
| Stocks and contracts in progress3 | €39,304 | €44,393 | €47,147 | €52,526 | €58,149 | ▲ 10.7% |
| Stocks30/36 | - | €44,393 | €47,147 | €52,526 | €58,149 | ▲ 10.7% |
| Amounts receivable within one year40/41 | €61,833 | €7,947 | €11,296 | €11,246 | €6,745 | ▼ 40.0% |
| Trade receivables40 | - | €6,206 | €10,115 | €9,928 | €2,625 | ▼ 73.6% |
| Other amounts receivable41 | - | €1,741 | €1,181 | €1,318 | €4,120 | ▲ 213% |
| Cash at bank and in hand54/58 | - | €1,373 | €37,049 | €5,244 | €7,993 | ▲ 52.4% |
| Deferred charges and accrued income490/1 | - | €4,731 | €1,670 | €2,568 | €4,194 | ▲ 63.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €436,373 | €443,352 | €483,026 | €475,120 | €458,779 | ▼ 3.4% |
| Equity10/15 | -€149,294 | -€168,185 | -€178,909 | -€181,714 | -€205,779 | ▼ 13.2% |
| Contributions10/11 | €43,600 | €43,600 | €43,600 | €43,600 | €43,600 | = |
| Profit (loss) carried forward14 | -€192,894 | -€211,785 | -€222,509 | -€225,314 | -€249,379 | ▼ 10.7% |
| Amounts payable17/49 | €585,667 | €611,537 | €661,935 | €656,834 | €664,558 | ▲ 1.2% |
| Amounts payable after more than one year17 | €450,663 | €609,173 | €660,760 | €654,035 | €648,372 | ▼ 0.9% |
| Other amounts payable178/9 | - | €609,173 | €660,760 | €654,035 | €648,372 | ▼ 0.9% |
| Amounts payable within one year42/48 | €135,004 | €2,364 | €1,174 | €2,799 | €16,186 | ▲ 478% |
| Trade debts44 | €134,212 | €1,978 | €376 | €1,726 | €14,661 | ▲ 749% |
| Suppliers440/4 | - | €1,978 | €376 | €1,726 | €14,661 | ▲ 749% |
| Taxes, remuneration and social security45 | - | €386 | €798 | €1,073 | €1,525 | ▲ 42.1% |
| Taxes450/3 | - | €386 | €798 | €1,073 | €1,525 | ▲ 42.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,806 | -€18,892 | -€10,723 | -€2,805 | -€24,065 | ▼ 758% |
| + Depreciation and write-downs630 | €22,846 | €38,535 | €47,364 | €51,034 | €43,940 | ▼ 13.9% |
| Operating cash flow (approximation) | €15,040 | €19,643 | €36,641 | €48,228 | €19,874 | ▼ 58.8% |
| Investment in fixed assets (approximation) | - | -€89,623 | -€48,321 | -€68,705 | -€22,102 | ▲ 67.8% |
| Change in cash | - | - | €35,676 | -€31,805 | €2,749 | ▲ 109% |
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
2025
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 72 days late
2024
31-12
Financial
Weakest financial yearnet -€24,065
Net result drops to -€24,065, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 69 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 30 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 82.75
Current ratio from 24.72 to 82.75; short-term debt falls from €2,364 to €1,174.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 61 days late
2021
31-12
Financial
Liquidity times 33current ratio 24.72
Current ratio from 0.76 to 24.72; short-term debt falls from €135,004 to €2,364.
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 48 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-12
Financial
Liquidity times 36current ratio 119.78
Current ratio from 3.28 to 119.78; short-term debt falls from €16,092 to €396.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Sankt Vith · 3 establishment units since 2004
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.
Zur Kaiserbaracke,Recht 824780 Sankt Vith3 establishment units
LAVANDO BIO
since 20042.139.231.466
LAVANDO BIO
since 20202.308.514.084
LAVANDO BIO
since 20202.308.514.282
Recognitions · licences · registrations
Food safety, FASFC
1 siteAmel/Amblève2.308.514.084
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,582 companies in sector 01500 we hold annual accounts for 1,149. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
01420Raising of other cattle and buffaloes
01610Support activities for crop production
01620Support activities for animal production
E-invoicing
Reachable via Peppol
Peppol ID
0208:0862104029
Also
9925:BE0862104029
Registered
30-01-2026
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.