Summary
LAZIO 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 €1.2m and a net result of -€151,372. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 26% of 5565 sector peers (fiscal year 2025). The company has been active since 1994 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
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-05-2026, 27 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
27 d late
2024
26 d late
2023
2 d late
2022
25 d early
2021
30 d early
2020
81 d early
2019
136 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 31 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.2m▼ 11.3%
2024 · €1.3m
Net result
-€151,372
2024 · €597,553
Total assets
€4.9m▲ 7.8%
2024 · €4.5m
Solvency
24.5%▼ 5.3pp
2024 · 29.8%
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€379,071▲ 87.4%€180,589▼ 52.4%€213,204▲ 18.1%€906,047▲ 325%-€89,098
Net result€145,524within the sector's middle half▲ 187%€79,284within the sector's middle half▼ 45.5%€38,373within the sector's middle half▼ 51.6%€597,553above the sector's middle half▲ 1,457%-€151,372below the sector's middle half
Equity€710,055within the sector's middle half▲ 21.5%€745,933within the sector's middle half▲ 5.1%€784,307within the sector's middle half▲ 5.1%€1.3mwithin the sector's middle half▲ 71.2%€1.2mwithin the sector's middle half▼ 11.3%
Total assets€8.2mabove the sector's middle half▲ 9.3%€7.1mabove the sector's middle half▼ 13.7%€4.4mabove the sector's middle half▼ 37.4%€4.5mwithin the sector's middle half▲ 1.6%€4.9mabove the sector's middle half▲ 7.8%
Debt€7.4m▲ 8.5%€6.2m▼ 15.5%€3.6m▼ 42.9%€2.8m▼ 20.2%€3.4m▲ 18.1%
Working capital€5.6m▲ 4.2%€4.9m▼ 11.9%€2.5m▼ 48.8%€1.9m▼ 25.9%€1.9m▲ 3.6%
Solvency8.6%below the sector's middle half▲ 0.9pp10.5%below the sector's middle half▲ 1.9pp17.7%below the sector's middle half▲ 7.2pp29.8%within the sector's middle half▲ 12.1pp24.5%within the sector's middle half▼ 5.3pp
Staff (FTE)0within the sector's middle half0within the sector's middle half0within the sector's middle half
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 schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €89,098 after €906,047 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.9m
Fixed assets
€2.0m ▲ 0.2%
Current assets
€2.9m ▲ 13.7%
Equity and liabilities €4.9m
Equity
€1.2m ▼ 11.3%
Provisions
€306,680 ▼ 3.5%
Debt
€3.4m ▲ 18.1%
Debt's share of the balance-sheet total rises from 63.1% to 69.2%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-12.7%▼
2024 · 44.5%
ROA
-3.1%▼
2024 · 13.3%
Debt ≤ 1 year
€956,850▲
2024 · €675,841
Debt > 1 year
€2.4m▲
2024 · €2.2m
Income taxes
€163▼
2024 · €452
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 | - | €50,417 | €128,161 | €1.0m | €22,272 | ▼ 97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €95,713 | €86,123 | €72,284 | €52,413 | €91,585 | ▲ 74.7% |
| Other operating charges640/8 | - | €8,995 | €10,230 | €45,247 | €32,359 | ▼ 28.5% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €503,704 | €275,707 | €295,718 | €1.0m | €34,846 | ▼ 96.5% |
| Operating profit (loss)9901 | €379,071 | €180,589 | €213,204 | €906,047 | -€89,098 | ▼ 110% |
| Financial income75/76B | - | €29,853 | €6,517 | €8,035 | €5,075 | ▼ 36.8% |
| Recurring financial income75 | €13,921 | €29,853 | €6,517 | €8,035 | €5,075 | ▼ 36.8% |
| Financial charges65/66B | - | €135,787 | €165,486 | €80,490 | €78,337 | ▼ 2.7% |
| Recurring financial charges65 | €172,465 | €135,787 | €165,486 | €80,490 | €78,337 | ▼ 2.7% |
| Profit (loss) for the period before taxes9903 | €220,528 | €74,655 | €54,235 | €833,592 | -€162,360 | ▼ 119% |
| Transfer from deferred taxes780 | - | €48,019 | €3,877 | €4,579 | €11,150 | ▲ 143% |
| Transfer to deferred taxes680 | - | - | - | €240,166 | €0 | ▼ 100% |
| Income taxes67/77 | €80,311 | €43,390 | €19,739 | €452 | €163 | ▼ 64.0% |
| Profit (loss) for the period9904 | €145,524 | €79,284 | €38,373 | €597,553 | -€151,372 | ▼ 125% |
| Transfer from tax-exempt reserves789 | - | €19,613 | €9,491 | €11,599 | €31,312 | ▲ 170% |
| Transfer to tax-exempt reserves689 | - | - | - | €720,498 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €158,518 | €98,897 | €47,865 | -€111,346 | -€120,060 | ▼ 7.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.2m | €7.1m | €4.4m | €4.5m | €4.9m | ▲ 7.8% |
| Fixed assets21/28 | €1.8m | €1.5m | €1.2m | €2.0m | €2.0m | ▲ 0.2% |
| Intangible fixed assets21 | €7,053 | €4,819 | €2,584 | €350 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €1.8m | €1.5m | €1.2m | €2.0m | €2.0m | ▲ 0.2% |
| Land and buildings22 | - | €1.4m | €1.2m | €2.0m | €2.0m | ▲ 0.3% |
| Furniture and vehicles24 | - | €12,076 | €7,027 | €3,113 | €888 | ▼ 71.5% |
| Financial fixed assets28 | €330 | €330 | €330 | €330 | €330 | = |
| Current assets29/58 | €6.4m | €5.6m | €3.2m | €2.5m | €2.9m | ▲ 13.7% |
| Stocks and contracts in progress3 | €6.0m | €4.7m | €2.6m | €2.0m | €2.5m | ▲ 26.9% |
| Stocks30/36 | - | €4.7m | €2.6m | €2.0m | €2.5m | ▲ 26.9% |
| Amounts receivable within one year40/41 | €280,921 | €241,786 | €550,755 | €449,316 | €336,282 | ▼ 25.2% |
| Trade receivables40 | - | €17,368 | €20,968 | €24,568 | €28,168 | ▲ 14.7% |
| Other amounts receivable41 | - | €224,419 | €529,787 | €424,748 | €308,114 | ▼ 27.5% |
| Cash at bank and in hand54/58 | €192,073 | €705,997 | €36,367 | €86,665 | €8,308 | ▼ 90.4% |
| Deferred charges and accrued income490/1 | - | €169 | €1,103 | €1,108 | €1,660 | ▲ 49.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.2m | €7.1m | €4.4m | €4.5m | €4.9m | ▲ 7.8% |
| Equity10/15 | €710,055 | €745,933 | €784,307 | €1.3m | €1.2m | ▼ 11.3% |
| Contributions10/11 | €125,500 | €125,500 | €125,500 | €125,500 | €125,500 | = |
| Capital10 | - | €125,500 | €125,500 | €125,500 | €125,500 | = |
| Issued capital100 | - | €125,500 | €125,500 | €125,500 | €125,500 | = |
| Reserves13 | €556,979 | €592,760 | €631,069 | €1.3m | €1.3m | ▼ 2.4% |
| Non-distributable reserves130/1 | - | €12,550 | €12,550 | €12,550 | €12,550 | = |
| Legal reserve130 | - | €12,550 | €12,550 | €12,550 | €12,550 | = |
| Tax-exempt reserves132 | - | €93,730 | €84,239 | €793,138 | €761,826 | ▼ 3.9% |
| Distributable reserves133 | - | €486,480 | €534,280 | €495,280 | €495,280 | = |
| Profit (loss) carried forward14 | €27,576 | €27,673 | €27,738 | -€83,608 | -€203,669 | ▼ 144% |
| Provisions and deferred taxes16 | €105,734 | €86,121 | €82,244 | €317,831 | €306,680 | ▼ 3.5% |
| Provisions for liabilities and charges160/5 | - | €52,125 | €52,125 | €52,125 | €52,125 | = |
| Pensions and similar obligations160 | - | €52,125 | €52,125 | €52,125 | €52,125 | = |
| Deferred taxes168 | - | €33,995 | €30,119 | €265,705 | €254,555 | ▼ 4.2% |
| Amounts payable17/49 | €7.4m | €6.2m | €3.6m | €2.8m | €3.4m | ▲ 18.1% |
| Amounts payable after more than one year17 | €6.6m | €5.6m | €2.9m | €2.2m | €2.4m | ▲ 10.8% |
| Financial debts170/4 | - | €5.5m | €2.9m | €2.2m | €2.4m | ▲ 10.8% |
| Other amounts payable178/9 | - | €15,356 | €15,176 | €2,896 | €3,402 | ▲ 17.5% |
| Amounts payable within one year42/48 | €838,622 | €690,932 | €683,949 | €675,841 | €956,850 | ▲ 41.6% |
| Current portion of amounts payable after more than one year42 | - | €93,228 | €72,096 | €118,664 | €133,147 | ▲ 12.2% |
| Financial debts43 | - | €557 | €495 | €495 | €10,686 | ▲ 2,058% |
| Credit institutions430/8 | - | €557 | €495 | €495 | €10,686 | ▲ 2,058% |
| Trade debts44 | €557,365 | €449,580 | €497,294 | €451,364 | €680,994 | ▲ 50.9% |
| Suppliers440/4 | - | €449,580 | €497,294 | €451,364 | €680,994 | ▲ 50.9% |
| Taxes, remuneration and social security45 | - | €88,550 | €58,079 | €29,585 | €31,112 | ▲ 5.2% |
| Taxes450/3 | - | €88,550 | €58,079 | €29,585 | €29,862 | ▲ 0.9% |
| Remuneration and social security454/9 | - | - | - | - | €1,250 | - |
| Other amounts payable47/48 | - | €59,018 | €55,986 | €75,732 | €100,911 | ▲ 33.2% |
| Accrued charges and deferred income492/3 | - | - | €5,700 | €6,700 | €6,700 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €145,524 | €79,284 | €38,373 | €597,553 | -€151,372 | ▼ 125% |
| + Depreciation and write-downs630 | €95,713 | €86,123 | €72,284 | €52,413 | €91,585 | ▲ 74.7% |
| Operating cash flow (approximation) | €241,238 | €165,407 | €110,657 | €649,966 | -€59,788 | ▼ 109% |
| Investment in fixed assets (approximation) | - | €231,298 | €164,467 | -€786,347 | -€95,041 | ▲ 87.9% |
| Change in cash | - | €513,923 | -€669,630 | €50,299 | -€78,357 | ▼ 256% |
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
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-09
Financial
Weakest financial yearnet -€151,372
Net result drops to -€151,372, the lowest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
30-09
Financial
Highest result since 2018net €597,553 ▲1,457%
Operating result €906,047, net result €597,553, both a record.
30-09
Financial
Equity above €1mEq €1.3m ▲71.2%
7 profitable years in a row build equity to €1.3m.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity doublescurrent ratio 18.06
Current ratio from 8.74 to 18.06; short-term debt falls from €399,875 to €314,601.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-09
Financial
Liquidity times 5current ratio 8.74
Current ratio from 1.88 to 8.74; short-term debt falls from €946,968 to €399,875.
Show earlier events
30-09
Financial
Equity above €500,000Eq €533,842 ▲7.8%
2 profitable years in a row build equity to €533,842.
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 4 days late
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Aalst · 1 establishment unit since 1994
Ground area
65 m²
Building footprint
70 m²
Volume, LiDAR
605 m³
Parcel 41002B0516/00X011, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Frédéric Van der Nootstraat 6, 9300 Aalst
since 19942.067.767.707
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002B0516/00X011 | Flanders | 64 m² | 1 · 70 m² | 11.8 m · 3 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 24,729 companies in sector 64210 we hold annual accounts for 19,799. 12,280 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-07-1994
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453106004
Also
9925:BE0453106004
Registered
08-08-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.