Lavi Works
ActiveSummary
The computed 12-month bankruptcy probability of Lavi Works is 2.4% (moderate). The 2024 annual accounts show equity of €1k and a net result of €212. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 37% of 26043 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▲+50
Solvency43▼-3
Growth38▲+6
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.17 against 1.26 in 2023; short-term debt: 82.3% of total assets), and 82.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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
17.7%
Return on assets
2.7%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
2121222324
2021 to 2024 · latest year €1k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
62 d late
2022
70 d late
2021
160 d early
2021
123 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€4k▼ 75.0%
2021 · €16k
2021: €13k
2021: €16k
2021 → 2024
EBIT margin
5.3%▼ 12.5pp
2021 · 17.8%
2021: 0.6%
2021: 17.8%
2021 → 2024
Net result
€212
2023 · €-839
2021: €77
2021: €3k
2022: €-4k
2023: €-839
2021 → 2024
Working capital
€-5k
2023 · €1k
2021: €2k
2021: €5k
2022: €467
2023: €1k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212021202220232024Trend
Turnover€13k-€16k▲ 26.7%€4k
Equity€2k-€5k▲ 133%€467▼ 90.3%€1k▲ 155%€1k▲ 17.8%
Operating result€77-€3k▲ 3,587%€-4k€-836▲ 80.9%€212
Net result€77-€3k▲ 3,587%€-4k€-839▲ 80.8%€212
Turnover and EBIT margin not published: the micro schema does not require them.
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
2024 in colour, 2023 as the grey bar beneath
Assets €8k
Fixed assets
€7k
Current assets
€1k
Equity and liabilities €8k
Equity
€1k ▲ 17.8%
Debt
€7k ▲ 42.7%
Debt's share of the balance-sheet total rises from 79.4% to 82.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€375
Cash flow
€375
Current ratio
0.17▼
2023 · 1.26
Debt to equity
4.66▲
2023 · 3.85
ROE
15.1%▲
2023 · -70.4%
ROA
2.7%▲
2023 · -14.5%
Debt ≤ 1 year
€7k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6k€8k▲
Fixed assets21/28-€7k
Tangible fixed assets22/27-€7k
Furniture and vehicles24-€7k
Current assets29/58€6k€1k▼
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€4k-
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€138-
Deferred charges and accrued income490/1€44-
Equity and liabilities
Total equity and liabilities10/49€6k€8k▲
Equity10/15€1k€1k▲
Contributions10/11€2k€2k=
Outside capital11€2k-
Other1109/19€2k-
Reserves13€31€31▲
Distributable reserves133€31€31▲
Profit (loss) carried forward14€-839€-627▲
Amounts payable17/49€5k€7k▲
Amounts payable within one year42/48€5k€7k▲
Trade debts44€4k-
Suppliers440/4€4k-
Taxes, remuneration and social security45€836-
Taxes450/3€836-
Other amounts payable47/48-€7k
Income statement
Code20232024
Turnover70-€4k
Goods, raw materials, services and sundry goods60/61-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€163
Other operating charges640/8€836€542▼
Gross operating margin9900-€916
Operating profit (loss)9901€-836€212▲
Financial income75/76B€44-
Recurring financial income75€44-
Financial charges65/66B€47-
Recurring financial charges65€47-
Profit (loss) for the period before taxes9903€-839€212▲
Profit (loss) for the period9904€-839€212▲
Profit (loss) for the period to be appropriated9905€-839€212▲
Appropriation of the result
Profit (loss) to be appropriated9906€-839€-627▲
Profit (loss) brought forward from the previous period14P-€-839
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €212
Net result €212 after 2 loss-making years.
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet €-4k ▼254%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2021net €3k ▲3587%
Operating result €3k, net result €3k, both a record.
31-12
Financial
Liquidity times 7current ratio 7.76
Current ratio from 1.18 to 7.76; short-term debt falls from €11k to €716.
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Mol · 1 establishment unit since 2020
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.
Sterrenstraat 92400 MolGround area
882 m²
Building footprint
165 m²
Volume, LiDAR
949 m³
Parcel 13435C0583/00D002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lavi Works
since 20202.309.246.237
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435C0583/00D002 | Flanders | 882 m² | 1 · 165 m² | 7.5 m · 2 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.
Similar companies · same sector, comparable size
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BE 0757.586.430
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BE 0471.481.861
Chièvres · Eq €1,488
Stephens Motors
BE 1005.067.280
Vilvoorde · Eq €1,590
AMERICAN CHOPPERS - JACK
BE 0879.570.660
Sint-Pieters-Leeuw · Eq €1,171
Sven Motoren
BE 0756.550.015
Tongeren-Borgloon · Eq €1,908
Of 1,128 companies in sector 47830 we hold annual accounts for 468. 45 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47830Retail sale of motorcycles and motorcycle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.