LAWINE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €647k and a net result of €434k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 9864 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
26 d early
2022
42 d early
2021
123 d early
2020
40 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€647k▲ 178%
2023 · €233k
2018: €75k
2019: €93k
2020: €140k
2021: €185k
2022: €215k
2023: €233k
2018 → 2024
Net result
€434k▲ 532%
2023 · €69k
2018: €46k
2019: €22k
2020: €48k
2021: €47k
2022: €48k
2023: €69k
2018 → 2024
Total assets
€723k▲ 141%
2023 · €300k
2018: €92k
2019: €100k
2020: €158k
2021: €203k
2022: €242k
2023: €300k
2018 → 2024
Solvency
89.4%▲ 11.9pp
2023 · 77.5%
2018: 81.4%
2019: 93.1%
2020: 88.7%
2021: 91.3%
2022: 88.9%
2023: 77.5%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€140k-€185k▲ 32.3%€215k▲ 16.0%€233k▲ 8.3%€647k▲ 178%
Operating result€69k-€66k▼ 3.9%€68k▲ 1.8%€96k▲ 42.5%€135k▲ 40.5%
Net result€48k-€47k▼ 3.4%€48k▲ 2.1%€69k▲ 43.7%€434k▲ 532%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 41% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €723k
Fixed assets
€52k▼ 38.4%
Current assets
€671k▲ 212%
Equity and liabilities €723k
Equity
€647k▲ 178%
Debt
€77k▲ 13.8%
The debt ratio falls from 22.5% to 10.6%. Equity and debt are higher.
Key figures and ratios
Solvency
89.4%▲
2023 · 77.5%
ROE
67.1%▲
2023 · 29.5%
ROA
60.0%▲
2023 · 22.9%
Debt
€77k▲
2023 · €68k
Debt ≤ 1 year
€77k▲
2023 · €68k
Income taxes
€75k▲
2023 · €28k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€300k€723k▲
Fixed assets21/28€85k€52k▼
Tangible fixed assets22/27€65k€52k▼
Plant, machinery and equipment23€81€0▼
Furniture and vehicles24€65k€52k▼
Financial fixed assets28€20k€0▼
Current assets29/58€215k€671k▲
Amounts receivable within one year40/41€54k€54k▲
Trade receivables40€48k€53k▲
Other amounts receivable41€6k€967▼
Current investments50/53€5k€106k▲
Cash at bank and in hand54/58€156k€510k▲
Deferred charges and accrued income490/1€771€726▼
Equity and liabilities
Total equity and liabilities10/49€300k€723k▲
Equity10/15€233k€647k▲
Contributions10/11€7k€7k=
Reserves13€226k€640k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€226k€640k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€68k€77k▲
Amounts payable within one year42/48€68k€77k▲
Trade debts44€3k€370▼
Suppliers440/4€3k€370▼
Taxes, remuneration and social security45€25k€56k▲
Taxes450/3€25k€56k▲
Other amounts payable47/48€40k€20k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A-€992
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€19k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€113k€156k▲
Operating profit (loss)9901€96k€135k▲
Financial income75/76B€181€373k▲
Recurring financial income75€181€373k▲
Financial charges65/66B€19€55▲
Recurring financial charges65€19€55▲
Profit (loss) for the period before taxes9903€96k€509k▲
Income taxes67/77€28k€75k▲
Profit (loss) for the period9904€69k€434k▲
Profit (loss) for the period to be appropriated9905€69k€434k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€434k▲
Transfer from equity791/2€40k€18k▼
Transfer to equity691/2€69k€432k▲
To other reserves6921€69k€432k▲
Profit to be distributed694/7€40k€20k▼
Return on contributions (dividend)694€40k€20k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €434k ▲532%
Operating result €135k, net result €434k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 8.74
Current ratio from 3.19 to 8.74.
31-12
Financial
Equity above €500kEq €647k ▲178%
7 profitable years in a row build equity to €647k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €215k ▲16%
5 profitable years in a row build equity to €215k.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €185k ▲32.3%
4 profitable years in a row build equity to €185k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €140k ▲50.3%
3 profitable years in a row build equity to €140k.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €22k ▼51.1%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 11.59
Current ratio from 3.96 to 11.59; short-term debt falls from €17k to €7k.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Retie · 1 establishment unit since 2009
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.
Berg 372470 RetieGround area
2,513 m²
Building footprint
115 m²
Volume, LiDAR
704 m³
Parcel 13036B0729/00B000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lawine
since 20092.178.844.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036B0729/00B000 | Flanders | 2,513 m² | 1 · 115 m² | 7.4 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
PEETERS VASTGOED
BE 0454.628.508
Tongeren-Borgloon · Eq €647k
VRL
BE 0597.769.626
Nijlen · Eq €646k
FINCIS
BE 0437.329.745
Grobbendonk · Eq €647k
GOALA
BE 0567.945.391
Ieper · Eq €646k
JAN LIPPENS
BE 0453.225.372
Zulte · Eq €646k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,414 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2009
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473/611746