LAVATRA
ActiveSummary
LAVATRA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.6m and a net result of €1.1m. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2025
Profitability87=
Solvency100=
Growth45▼-6
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €390,000 at 30 days acceptable
Liquidity ample (current ratio 33.04; short-term debt: 2.1% and cash: 44.8% of total assets), and 3.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
96.3%
Return on assets
9.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2025
18 d early
2024
4 d late
2023
30 d late
2022
14 d early
2021
16 d early
2020
12 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 1 day before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, full schema
In the rankings
#1 company by equity in Menen, Administrative and support services sector#2 company by total assets in Menen, Administrative and support services sector#5 oldest company in Menen, Administrative and support services sector
Turnover
€4.0m▼ 26.2%
2025 · €5.4m
EBIT margin
36.4%▲ 7.3pp
2025 · 29.1%
Net result
€1.1m▲ 4.7%
2025 · €1.0m
Working capital
€7.5m▲ 20.6%
2025 · €6.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing 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
Line20222023202420252025
Turnover€5.7m▼ 6.9%€4.0m▼ 30.8%€4.5m▲ 13.6%€5.4m▲ 18.6%€4.0m-
Operating result€279,510▼ 71.9%€424,747▲ 52.0%€1.2m▲ 185%€1.6m▲ 28.5%€1.4m-
Net result€148,659within the sector's middle half▼ 80.2%€317,588within the sector's middle half▲ 114%€1.0mabove the sector's middle half▲ 217%€1.0mabove the sector's middle half▲ 1.9%€1.1mabove the sector's middle half-
EBIT margin4.9%▼ 11.2pp10.7%▲ 5.8pp26.8%▲ 16.1pp29.1%▲ 2.2pp36.4%-
Equity€7.1mabove the sector's middle half▲ 2.1%€7.5mabove the sector's middle half▲ 4.4%€8.5mabove the sector's middle half▲ 13.5%€9.5mabove the sector's middle half▲ 12.1%€10.6mabove the sector's middle half-
Total assets€8.5mwithin the sector's middle half▼ 0.7%€7.8mwithin the sector's middle half▼ 7.6%€9.2mwithin the sector's middle half▲ 16.8%€10.5mwithin the sector's middle half▲ 15.2%€11.0mwithin the sector's middle half-
Debt€1.2m▼ 10.5%€305,208▼ 74.9%€621,929▲ 104%€1.0m▲ 61.1%€356,322-
Working capital€3.2mabove the sector's middle half▼ 19.1%€3.4mabove the sector's middle half▲ 3.3%€4.5mabove the sector's middle half▲ 34.4%€6.2mabove the sector's middle half▲ 38.1%€7.5mabove the sector's middle half-
Solvency84.1%above the sector's middle half▲ 2.4pp95.1%above the sector's middle half▲ 10.9pp92.4%above the sector's middle half▼ 2.7pp90.0%above the sector's middle half▼ 2.4pp96.3%above the sector's middle half-
Current ratio3.71above the sector's middle half▼ 0.6914.57above the sector's middle half▲ 10.858.25above the sector's middle half▼ 6.318.99above the sector's middle half▲ 0.7433.04above the sector's middle half-
Return on assets (ROA)1.8%within the sector's middle half▼ 7.0pp4.0%within the sector's middle half▲ 2.3pp11.0%above the sector's middle half▲ 6.9pp9.7%above the sector's middle half▼ 1.3pp9.8%above the sector's middle half-
Staff (FTE)8.7within the sector's middle half=7.8within the sector's middle half▼ 10.3%7.1within the sector's middle half▼ 9.0%6.1within the sector's middle half▼ 14.1%5.9within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €11.0m
Fixed assets
€3.2m ▼ 8.9%
Current assets
€7.7m ▲ 10.5%
Equity and liabilities €11.0m
Equity
€10.6m ▲ 11.3%
Provisions
€49,956 ▼ 12.8%
Debt
€356,322 ▼ 64.4%
Debt's share of the balance-sheet total falls from 9.5% to 3.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.2m▼
2025 · €2.8m
Cash flow
€1.9m▼
2025 · €2.3m
Quick ratio
33.02▲
2025 · 8.98
Debt to equity
0.03▼
2025 · 0.11
ROE
10.2%▼
2025 · 10.8%
Interest coverage
1125.88▼
2025 · 2013.58
Debt ≤ 1 year
€234,416▼
2025 · €779,189
Income taxes
€372,375▼
2025 · €546,838
Staff costs
€329,024▼
2025 · €451,388
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 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% | 1.9% |
| 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 31,370 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 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €5.8m | €4.1m | €5.2m | €5.4m | €4.0m | - |
| Turnover70 | €5.7m | €4.0m | €4.5m | €5.4m | €4.0m | - |
| Other operating income74 | €5,561 | €11,183 | €9,779 | €14,696 | €8,837 | - |
| Non-recurring operating income76A | €5,000 | €148,829 | €699,461 | €43,420 | €37,000 | - |
| Operating charges60/66A | €5.5m | €3.7m | €4.0m | €3.9m | €2.6m | - |
| Goods for resale, raw materials and consumables60 | €1.8m | €81,942 | €85,274 | €54,231 | €8,358 | - |
| Purchases600/8 | €1.8m | €81,422 | €80,478 | €56,521 | €5,418 | - |
| Change in stocks: decrease (increase)609 | -€1,171 | €521 | €4,796 | -€2,291 | €2,939 | - |
| Services and other goods61 | €2.2m | €2.1m | €2.0m | €2.1m | €1.4m | - |
| Remuneration, social security and pensions62 | €505,780 | €482,936 | €500,661 | €451,388 | €329,024 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €919,960 | €1.0m | €1.2m | €1.2m | €789,009 | - |
| Other operating charges640/8 | €31,043 | €30,455 | €66,650 | €35,012 | €50,886 | - |
| Non-recurring operating charges66A | - | - | €207,459 | - | - | - |
| Operating profit (loss)9901 | €279,510 | €424,747 | €1.2m | €1.6m | €1.4m | - |
| Financial income75/76B | €20 | €7 | €297 | €1 | €1,917 | - |
| Recurring financial income75 | €20 | €7 | €297 | €1 | €1,917 | - |
| Income from current assets751 | - | - | €295 | €0 | €1,917 | - |
| Other financial income752/9 | €20 | €7 | €1 | €1 | €0 | - |
| Financial charges65/66B | €33,151 | €453 | €395 | €1,392 | €1,979 | - |
| Recurring financial charges65 | €33,151 | €453 | €395 | €1,392 | €1,979 | - |
| Debt charges650 | €32,475 | - | - | - | - | - |
| Other financial charges652/9 | €676 | €453 | €395 | €1,392 | €1,979 | - |
| Profit (loss) for the period before taxes9903 | €246,379 | €424,302 | €1.2m | €1.6m | €1.4m | - |
| Transfer from deferred taxes780 | €71,552 | €52,207 | €22,036 | €23,680 | €16,560 | - |
| Transfer to deferred taxes680 | €1,250 | - | €17,142 | €6,377 | €9,250 | - |
| Income taxes67/77 | €168,022 | €158,922 | €209,334 | €546,838 | €372,375 | - |
| Taxes670/3 | €177,716 | €158,922 | €209,334 | €546,839 | €372,375 | - |
| Tax adjustments and reversals of tax provisions77 | €9,694 | - | - | €1 | - | - |
| Profit (loss) for the period9904 | €148,659 | €317,588 | €1.0m | €1.0m | €1.1m | - |
| Transfer from tax-exempt reserves789 | €202,253 | €257,717 | €223,215 | €68,524 | €49,847 | - |
| Transfer to tax-exempt reserves689 | €3,750 | - | €51,425 | €19,130 | €27,750 | - |
| Profit (loss) for the period to be appropriated9905 | €347,162 | €575,305 | €1.2m | €1.1m | €1.1m | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.5m | €7.8m | €9.2m | €10.5m | €11.0m | - |
| Fixed assets21/28 | €4.0m | €4.2m | €4.0m | €3.5m | €3.2m | - |
| Tangible fixed assets22/27 | €4.0m | €4.2m | €4.0m | €3.5m | €3.2m | - |
| Land and buildings22 | €1.6m | €1.4m | €1.4m | €1.6m | €1.4m | - |
| Plant, machinery and equipment23 | €2.2m | €2.6m | €2.1m | €1.5m | €1.4m | - |
| Furniture and vehicles24 | €211,774 | €194,880 | €427,037 | €410,567 | €334,488 | - |
| Financial fixed assets28 | €54,360 | €52,450 | €39,750 | €74,750 | €36,820 | - |
| Other financial fixed assets284/8 | €54,360 | €52,450 | €39,750 | €74,750 | €36,820 | - |
| Amounts receivable and cash guarantees285/8 | €54,360 | €52,450 | €39,750 | €74,750 | €36,820 | - |
| Current assets29/58 | €4.4m | €3.6m | €5.1m | €7.0m | €7.7m | - |
| Stocks and contracts in progress3 | €9,604 | €9,083 | €4,287 | €6,578 | €3,638 | - |
| Stocks30/36 | €9,604 | €9,083 | €4,287 | €6,578 | €3,638 | - |
| Raw materials and consumables30/31 | €9,604 | €9,083 | €4,287 | €6,578 | €3,638 | - |
| Amounts receivable within one year40/41 | €3.2m | €2.2m | €3.4m | €2.5m | €2.8m | - |
| Trade receivables40 | €829,271 | €405,683 | €1.7m | €763,102 | €1.1m | - |
| Other amounts receivable41 | €2.4m | €1.8m | €1.7m | €1.7m | €1.7m | - |
| Cash at bank and in hand54/58 | €1.2m | €337,148 | €1.6m | €4.5m | €4.9m | - |
| Deferred charges and accrued income490/1 | €39,189 | €1.1m | €39,575 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.5m | €7.8m | €9.2m | €10.5m | €11.0m | - |
| Equity10/15 | €7.1m | €7.5m | €8.5m | €9.5m | €10.6m | - |
| Contributions10/11 | €74,500 | €74,500 | €74,500 | €74,500 | €74,500 | - |
| Capital10 | €74,500 | €74,500 | €74,500 | €74,500 | €74,500 | - |
| Issued capital100 | €74,500 | €74,500 | €74,500 | €74,500 | €74,500 | - |
| Reserves13 | €7.1m | €7.4m | €8.4m | €9.4m | €10.5m | - |
| Non-distributable reserves130/1 | €7,450 | €7,450 | €7,450 | €7,450 | €7,450 | - |
| Legal reserve130 | €7,450 | €7,450 | €7,450 | €7,450 | €7,450 | - |
| Tax-exempt reserves132 | €727,147 | €469,429 | €297,640 | €248,246 | €226,149 | - |
| Distributable reserves133 | €6.3m | €6.9m | €8.1m | €9.2m | €10.3m | - |
| Provisions and deferred taxes16 | €131,672 | €79,464 | €74,570 | €57,266 | €49,956 | - |
| Deferred taxes168 | €131,672 | €79,464 | €74,570 | €57,266 | €49,956 | - |
| Amounts payable17/49 | €1.2m | €305,208 | €621,929 | €1.0m | €356,322 | - |
| Amounts payable within one year42/48 | €1.2m | €247,339 | €621,929 | €779,189 | €234,416 | - |
| Trade debts44 | €1.1m | €198,377 | €264,025 | €509,951 | €166,748 | - |
| Suppliers440/4 | €1.1m | €198,377 | €264,025 | €509,951 | €166,748 | - |
| Taxes, remuneration and social security45 | €32,416 | €27,312 | €226,569 | €269,078 | €66,700 | - |
| Taxes450/3 | €7,956 | €892 | €208,349 | €257,686 | €58,591 | - |
| Remuneration and social security454/9 | €24,459 | €26,420 | €18,220 | €11,391 | €8,109 | - |
| Other amounts payable47/48 | €21,650 | €21,650 | €131,335 | €160 | €968 | - |
| Accrued charges and deferred income492/3 | €15,711 | €57,869 | - | €222,733 | €121,906 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €148,659 | €317,588 | €1.0m | €1.0m | €1.1m | - |
| + Depreciation and write-downs630 | €919,960 | €1.0m | €1.2m | €1.2m | €789,009 | - |
| Operating cash flow (approximation) | €1.1m | €1.3m | €2.2m | €2.3m | €1.9m | - |
| Investment in fixed assets (approximation) | - | -€1.2m | -€984,021 | -€760,707 | - | - |
| Change in cash | - | -€819,397 | €1.3m | €2.9m | - | - |
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
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 19 days late
14-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
2025
31-12
Financial
Liquidity quadruplescurrent ratio 33.04
Current ratio from 8.99 to 33.04; short-term debt falls from €779,189 to €234,416.
31-12
Financial
Equity above €10mEq €10.6m ▲11.3%
8 profitable years in a row build equity to €10.6m.
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
04-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
31-03
Financial
Liquidity quadruplescurrent ratio 14.57
Current ratio from 3.71 to 14.57; short-term debt falls from €1.2m to €247,339.
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Weakest financial yearnet €148,659 ▼80.2%
Net result drops to €148,659, the lowest in the series; recovery starts the following year.
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Menen · 1 establishment unit since 1987
Ground area
3.0 ha
Building footprint
3,590 m²
Volume, LiDAR
26,102 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
LAVATRA NV
since 19872.029.435.384
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024B0272/00G007 | Flanders | 2.6 ha | 1 · 2,436 m² | 12.3 m · 2 fl. |
| 34032C0424/00S000 | Flanders | 4,850 m² | 1 · 1,153 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- LAVAERT INVEST
- LAVATRA
Highest known parent: LAVAERT INVEST. The sources do not say who stands above it.
Owners 1
- LAVAERT INVESTparent99.9%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 5,169 EUR awarded · 5,169 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 333 EUR | 333 EUR |
| 2024 | 1 | 553 EUR | 553 EUR |
| 2023 | 2 | 3,333 EUR | 3,393 EUR |
| 2022 | 1 | 950 EUR | 890 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMenen2.029.435.384
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Identification & contact
Identification
Legal formPublic limited company
Founded24-06-1987
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
77399Renting and leasing of other machinery, equipment and tangible goods
52250Logistics services
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431465106
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.