Turnover
≈ €430,000 estimated
The micro format states no turnover.
LAZZARO
Lifetime
19 annual accounts with figures on one time axispeak €179,445 (2022)
€92,101▼ 39.5%
lowest -€22,284 (2018)
€7,131▲ €17,459
peak €21,428 (2022)
€17,498▲ 68.8%
€227,027▼ 18.8%
peak 0.9 FTE (2017)
-not published
Board1 name since 2021
1 directorMiet Van den Broeck
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €152,304 to €92,101Back to profit: €7,131Equity from €10,366 to €17,498Debts from €279,738 to €227,027Cash from €6,581 to €692
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 36% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.9%▲ +0.1 percentage points vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.8%▼ -0.1 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.6%▼ -0.4 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026lowest value
07-2026: 0.8%▲ +0.2 percentage points vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.05, cash €692, halved
lowers risk
Founded in 2007
Size: total assets €244,525
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 12% of them on solvency, 2% on liquidity, 43% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,375 companies had the same profile as LAZZARO has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
1.6%
stopped another way
2.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LAZZARO itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,375 companies, not a prediction for LAZZARO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05 (1.02 in 2024), below the usual 1.5. Short-term debt is 92.8% and cash 0.3% of total assets. 92.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 13805 sector peers (2025).
NBB · sector comparisonPosition among 13805 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 days early
2024
3 days early
2023
15 days early
2022
3 days early
2021
2 days early
2020
86 days late
2019
132 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0887975018
Resignation: Miet Van den Broeck (director)
Reappointment: Miet Van den Broeck (director) · Name clause: besloten vennootschap met beperkte aansprakelijkheid, FREELS · Name change: LAZZARO · General meeting of 11-04-2023 · Gazette deed
First establishment
Chaussea, Steenweg op Gierle 339, Turnhout
Incorporation
published on 23-03-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LAZZARO Vorselaar | €244,525 | €92,101 | 7.2% | - |
| ECLIPZ Grez-Doiceau | €248,697 | €92,691 | 52.2% | - |
| CARADONNA Wellen | €238,837 | €89,836 | 92.5% | - |
| S.K.D. GROUP Tremelo | €275,924 | €101,926 | 7.2% | - |
| LEMNI Hulshout | €299,474 | €65,810 | 30.9% | - |
| MODA E MODI Antwerp | €357,859 | €82,282 | 13.1% | - |
| BLUE FASHION Antwerp | €256,105 | €86,726 | 93.4% | - |
These companies have the same main activity as LAZZARO: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €239,000 and €358,000, founded between 2001 and 2008.
Official details
Source: KBO- Status
- Active since 15-03-2007Normal situation
- Activity
- Agents in the wholesale of textiles, clothing, fur, footwear and leather goodsNACE 46160and 1 other
- Joint committees
- 124Construction
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.312.751.6972300 Turnhout, since 19-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €244,525▼ 15.7%
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on LAZZARO
LAZZARO files the micro format. That format states no turnover. The gross margin rose from €10,590 in 2007 to €92,101 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LAZZARO
- What is the company number of LAZZARO?
- The company number of LAZZARO is 0887.975.018. The VAT number is the same number with BE in front: BE 0887.975.018.
- Where is LAZZARO based?
- The registered office is at Poederleeseweg 4, 2290 Vorselaar.Company details
- What does LAZZARO do?
- According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
- What is the legal form of LAZZARO?
- LAZZARO is a private limited company (BV).
- When was LAZZARO founded?
- LAZZARO was founded on 15-03-2007.
- Is LAZZARO still active?
- Yes, LAZZARO is an active enterprise in the KBO register.
- How many employees does LAZZARO have?
- LAZZARO had an average of 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LAZZARO fall under?
- In its 2025 annual accounts, LAZZARO states joint committees 124 (Construction) and 201 (Independent retail).
- What is the turnover of LAZZARO?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €92,101 and 30 comparable companies (NACE 461). It probably lies between €220,000 and €1.0m.
- Is LAZZARO profitable?
- In financial year 2025, LAZZARO made a profit of €7,131.
- Where can I find the annual accounts of LAZZARO?
- LAZZARO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LAZZARO due?
- LAZZARO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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