Lebrun
ActiveSummary
Lebrun has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €557,078 and a net result of -€30,839. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-39
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.39 in 2024; short-term debt: 17.1% and cash: 5.3% of total assets), and 17.1% 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
82.9%
Return on assets
-4.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€30,839
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
6 d early
2023
30 d early
2022
46 d late
2021
11 d early
2020
26 d late
2019
54 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 10 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€30,839▼ 2,171%
2024 · -€1,358
Working capital
-€79,087▼ 16.4%
2024 · -€67,965
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,459▼ 75.6%€918▼ 62.7%€46,942▲ 5,011%€6,093▼ 87.0%-€25,552
Net result-€12,692▼ 1,977%-€4,275▲ 66.3%€44,845-€1,358-€30,839▼ 2,171%
Equity€548,704▼ 2.3%€544,429▼ 0.8%€589,275▲ 8.2%€587,917▼ 0.2%€557,078▼ 5.2%
Total assets€981,996▼ 2.7%€988,677▲ 0.7%€681,747▼ 31.0%€698,948▲ 2.5%€671,961▼ 3.9%
Debt€433,292▼ 3.1%€444,248▲ 2.5%€92,472▼ 79.2%€111,031▲ 20.1%€114,883▲ 3.5%
Working capital-€422,652▼ 23.5%-€429,777▼ 1.7%-€87,066▲ 79.7%-€67,965▲ 21.9%-€79,087▼ 16.4%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25,552 after €6,093 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €671,961
Fixed assets
€636,165 ▼ 3.0%
Current assets
€35,796 ▼ 16.9%
Equity and liabilities €671,961
Equity
€557,078 ▼ 5.2%
Debt
€114,883 ▲ 3.5%
Debt's share of the balance-sheet total rises from 15.9% to 17.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2,081▼
2024 · €33,020
Cash flow
-€3,206▼
2024 · €25,569
Current ratio
0.31▼
2024 · 0.39
Debt to equity
0.21▲
2024 · 0.19
ROE
-5.5%▼
2024 · -0.2%
ROA
-4.6%▼
2024 · -0.2%
Interest coverage
0.39▼
2024 · 4.43
Debt ≤ 1 year
€114,883▲
2024 · €111,031
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,340 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% | 1.8% |
| 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 8,611 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €44,109 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,854 | €37,041 | €36,859 | €26,927 | €27,633 | ▲ 2.6% |
| Other operating charges640/8 | €5,267 | €7,486 | €5,121 | €8,499 | €6,613 | ▼ 22.2% |
| Gross operating margin9900 | €45,580 | €45,445 | €88,922 | €41,519 | €8,694 | ▼ 79.1% |
| Operating profit (loss)9901 | €2,459 | €918 | €46,942 | €6,093 | -€25,552 | ▼ 519% |
| Financial income75/76B | €20 | - | - | - | €11 | - |
| Recurring financial income75 | €20 | - | - | - | €11 | - |
| Financial charges65/66B | €15,171 | €5,193 | €2,096 | €7,451 | €5,298 | ▼ 28.9% |
| Recurring financial charges65 | €15,171 | €5,193 | €2,096 | €7,451 | €5,298 | ▼ 28.9% |
| Profit (loss) for the period before taxes9903 | -€12,692 | -€4,275 | €44,845 | -€1,358 | -€30,839 | ▼ 2,171% |
| Profit (loss) for the period9904 | -€12,692 | -€4,275 | €44,845 | -€1,358 | -€30,839 | ▼ 2,171% |
| Profit (loss) for the period to be appropriated9905 | -€12,692 | -€4,275 | €44,845 | -€1,358 | -€30,839 | ▼ 2,171% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €981,996 | €988,677 | €681,747 | €698,948 | €671,961 | ▼ 3.9% |
| Fixed assets21/28 | €971,356 | €974,206 | €676,340 | €655,882 | €636,165 | ▼ 3.0% |
| Tangible fixed assets22/27 | €971,351 | €974,202 | €676,336 | €655,877 | €636,160 | ▼ 3.0% |
| Land and buildings22 | €971,351 | €974,202 | €676,336 | €655,877 | €636,160 | ▼ 3.0% |
| Financial fixed assets28 | €5 | €5 | €5 | €5 | €5 | = |
| Current assets29/58 | €10,640 | €14,471 | €5,406 | €43,066 | €35,796 | ▼ 16.9% |
| Cash at bank and in hand54/58 | €10,640 | €14,471 | €5,406 | €43,066 | €35,796 | ▼ 16.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €981,996 | €988,677 | €681,747 | €698,948 | €671,961 | ▼ 3.9% |
| Equity10/15 | €548,704 | €544,429 | €589,275 | €587,917 | €557,078 | ▼ 5.2% |
| Contributions10/11 | €86,800 | €86,800 | €86,800 | €86,800 | €86,800 | = |
| Capital10 | €86,800 | €86,800 | €86,800 | €86,800 | €86,800 | = |
| Issued capital100 | €86,800 | €86,800 | €86,800 | €86,800 | €86,800 | = |
| Reserves13 | €520,632 | €520,632 | €520,632 | €520,632 | €520,632 | = |
| Non-distributable reserves130/1 | €8,680 | €8,680 | €8,680 | €8,680 | €8,680 | = |
| Legal reserve130 | - | €8,680 | €8,680 | €8,680 | €8,680 | = |
| Reserves not available under the articles1311 | €8,680 | - | - | - | - | - |
| Distributable reserves133 | €511,952 | €511,952 | €511,952 | €511,952 | €511,952 | = |
| Profit (loss) carried forward14 | -€58,728 | -€63,003 | -€18,157 | -€19,515 | -€50,354 | ▼ 158% |
| Amounts payable17/49 | €433,292 | €444,248 | €92,472 | €111,031 | €114,883 | ▲ 3.5% |
| Amounts payable within one year42/48 | €433,292 | €444,248 | €92,472 | €111,031 | €114,883 | ▲ 3.5% |
| Financial debts43 | €433,292 | €444,248 | €91,875 | €110,060 | €112,757 | ▲ 2.4% |
| Credit institutions430/8 | €82,292 | €53,248 | €24,203 | - | - | - |
| Other loans439 | €351,000 | €391,000 | €67,672 | €110,060 | €112,757 | ▲ 2.4% |
| Taxes, remuneration and social security45 | - | - | €597 | €970 | €2,126 | ▲ 119% |
| Taxes450/3 | - | - | €597 | €970 | €2,126 | ▲ 119% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,692 | -€4,275 | €44,845 | -€1,358 | -€30,839 | ▼ 2,171% |
| + Depreciation and write-downs630 | €37,854 | €37,041 | €36,859 | €26,927 | €27,633 | ▲ 2.6% |
| Operating cash flow (approximation) | €25,161 | €32,766 | €81,705 | €25,569 | -€3,206 | ▼ 113% |
| Investment in fixed assets (approximation) | - | -€39,892 | €261,007 | -€6,468 | -€7,916 | ▼ 22.4% |
| Change in cash | - | €3,831 | -€9,064 | €37,660 | -€7,270 | ▼ 119% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€30,839
Net result drops to -€30,839, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €44,845
Net result €44,845 after 5 loss-making years.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 46 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lokeren · 1 establishment unit since 1984
Ground area
720 m²
Building footprint
121 m²
Volume, LiDAR
940 m³
Parcel 46014A0826/00F000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Snepstraat 21, 9160 Lokeren
since 19842.023.794.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A0826/00F000 | Flanders | 720 m² | 1 · 121 m² | 12.1 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded22-12-1983
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0425983715
Also
9925:BE0425983715
Registered
17-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.