LECIRE
ActiveLECIRE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €48k and a net result of €71k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 2091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▲+26
Solvency28▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.44 in 2023; short-term debt: 16.1% and cash: 2.1% of total assets), and 96.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2091 sector peers (2024).
NBB · sector comparisonPosition among 2091 sector peers
Solvency
better than 24%
← weakest
strongest →
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
12 d early
2022
31 d late
2021
31 d late
2020
187 d late
2019
97 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€48k
2023 · €-22k
2018: €173k
2019: €231k
2020: €304k
2021: €354k
2022: €107k
2023: €-22k
2018 → 2024
Total assets
€1.44M▼ 1.6%
2023 · €1.46M
2018: €493k
2019: €520k
2020: €545k
2021: €550k
2022: €617k
2023: €1.46M
2018 → 2024
Net result
€71k
2023 · €-129k
2018: €16k
2019: €63k
2020: €74k
2021: €51k
2022: €-6k
2023: €-129k
2018 → 2024
Working capital
€-32k▲ 82.0%
2023 · €-177k
2018: €-227k
2019: €-38k
2020: €4k
2021: €55k
2022: €-223k
2023: €-177k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€304k-€354k▲ 16.5%€107k▼ 69.7%€-22k€48k
Operating result€101k-€71k▼ 29.3%€14k▼ 80.6%€-72k€140k
Net result€74k-€51k▼ 30.5%€-6k€-129k▼ 2,162%€71k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €140k after a loss of €72k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.44M
Fixed assets
€1.24M▼ 6.2%
Current assets
€200k▲ 41.9%
Equity and liabilities €1.44M
Equity
€48k
Provisions
€2k
Debt
€1.39M
Debt finances 96.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€257k▲
2023 · €156k
Cash flow
€188k▲
2023 · €99k
Solvency
3.3%▲
2023 · -1.5%
Current ratio
0.86▲
2023 · 0.44
Quick ratio
0.84▲
2023 · 0.44
Debt / equity
29.19▲
2023 · -66.21
ROE
149.3%
ROA
4.9%▲
2023 · -8.8%
Interest coverage
3.61▲
2023 · 2.57
Debt
€1.39M▼
2023 · €1.48M
Debt ≤ 1 year
€232k▼
2023 · €318k
Debt > 1 year
€1.15M▼
2023 · €1.16M
Income taxes
€214▼
2023 · €375
Staff costs
€272k▼
2023 · €343k
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€1.46M€1.44M▼
Fixed assets21/28€1.32M€1.24M▼
Tangible fixed assets22/27€1.32M€1.23M▼
Land and buildings22€1.20M€1.13M▼
Plant, machinery and equipment23€11k€21k▲
Furniture and vehicles24€87k€62k▼
Other tangible fixed assets26€23k€21k▼
Financial fixed assets28€3k€10k▲
Current assets29/58€141k€200k▲
Stocks and contracts in progress3€2k€4k▲
Stocks30/36€2k€4k▲
Amounts receivable within one year40/41€116k€157k▲
Trade receivables40€15k€25k▲
Other amounts receivable41€101k€132k▲
Cash at bank and in hand54/58€17k€30k▲
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.44M▼
Equity10/15€-22k€48k▲
Contributions10/11€27k€27k=
Reserves13€15k€15k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-70k€1k▲
Investment grants15€5k€4k▼
Provisions and deferred taxes16€3k€2k▼
Deferred taxes168€3k€2k▼
Amounts payable17/49€1.48M€1.39M▼
Amounts payable after more than one year17€1.16M€1.15M▼
Financial debts170/4€1.16M€1.15M▼
Amounts payable within one year42/48€318k€232k▼
Current portion of amounts payable after more than one year42€55k€50k▼
Financial debts43€16k€6k▼
Credit institutions430/8€16k€6k▼
Trade debts44€113k€120k▲
Suppliers440/4€113k€120k▲
Taxes, remuneration and social security45€134k€53k▼
Taxes450/3€65k€20k▼
Remuneration and social security454/9€69k€33k▼
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3€1k€11k▲
Income statement
Code20232024
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€343k€272k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€228k€117k▼
Other operating charges640/8€11k€10k▼
Non-recurring operating charges66A€641-
Gross operating margin9900€510k€538k▲
Operating profit (loss)9901€-72k€140k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€61k€71k▲
Recurring financial charges65€61k€71k▲
Profit (loss) for the period before taxes9903€-129k€71k▲
Transfer from deferred taxes780€554€554=
Income taxes67/77€375€214▼
Profit (loss) for the period9904€-129k€71k▲
Profit (loss) for the period to be appropriated9905€-129k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€1k▲
Profit (loss) brought forward from the previous period14P€58k€-70k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €71k
Net result €71k after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-129k
Net result drops to €-129k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 187 days late
2020
31-12
Financial
Highest result since 2018net €74k ▲18%
Net result €74k, the highest in the series.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Equity above €200kEq €231k ▲33.7%
2 profitable years in a row build equity to €231k.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 64 days late
2017
04-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 35 days late
04-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 400 days late
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, Namur · 1 establishment unit since 2000
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.
Chaussée de Dinant(WP) 10545100 NamurGround area
916 m²
Building footprint
138 m²
Volume, LiDAR
1,394 m³
Parcel 92135D0786/00D000, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Dinant(WP) 1054, 5100 Namur
since 20002.086.633.118
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92135D0786/00D000 | Wallonia | 916 m² | 1 · 138 m² | 11.7 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.086.633.118
Similar companies · same sector, comparable size
KISMETLI
BE 0863.985.532
Gent · Eq €47k
PATISSERIE BEAURINOISE
BE 0437.240.069
Beauraing · Eq €48k
GATUCC
BE 0805.651.613
Mons · Eq €47k
Vermeer Invest
BE 0678.394.739
Leopoldsburg · Eq €47k
La Verviétoise, Graziadio Geoffrey
BE 1001.619.327
Charleroi · Eq €48k
Of 4,228 companies in sector 10712 we hold annual accounts for 1,870. 1,525 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-1998
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
15812
47241Retail sale of bread and pastry (bakery outlets)
47279Other retail sale of food
47299Retail trade
52240
52272
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.