LECOBOUW
ActiveLECOBOUW has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €788k and a net result of €117k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +26 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+43
Solvency97▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.6 against 1.91 in 2023), and 43.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Sector 41
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56.4%
Return on assets
8.4%
Age of the figures
20 mo
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 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
44 d early
2022
26 d early
2021
19 d early
2020
29 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€788k▲ 7.4%
2023 · €734k
2018: €429k
2019: €491k
2020: €599k
2021: €624k
2022: €691k
2023: €734k
2018 → 2024
Total assets
€1.40M▼ 5.1%
2023 · €1.47M
2018: €1.40M
2019: €999k
2020: €1.24M
2021: €1.87M
2022: €1.41M
2023: €1.47M
2018 → 2024
Net result
€117k▲ 160%
2023 · €45k
2018: €-57k
2019: €62k
2020: €108k
2021: €28k
2022: €70k
2023: €45k
2018 → 2024
Working capital
€843k▲ 29.0%
2023 · €654k
2018: €333k
2019: €410k
2020: €459k
2021: €500k
2022: €583k
2023: €654k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€599k-€624k▲ 4.2%€691k▲ 10.8%€734k▲ 6.2%€788k▲ 7.4%
Operating result€170k-€63k▼ 63.0%€133k▲ 110%€93k▼ 29.4%€205k▲ 120%
Net result€108k-€28k▼ 73.7%€70k▲ 148%€45k▼ 36.1%€117k▲ 160%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 120% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.40M
Fixed assets
€26k▼ 73.2%
Current assets
€1.37M▼ 0.3%
Equity and liabilities €1.40M
Equity
€788k▲ 7.4%
Debt
€610k▼ 17.5%
The debt ratio falls from 50.2% to 43.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€236k▲
2023 · €128k
Cash flow
€148k▲
2023 · €79k
Solvency
56.4%▲
2023 · 49.8%
Current ratio
2.60▲
2023 · 1.91
Quick ratio
1.69▲
2023 · 0.68
Debt / equity
0.77▼
2023 · 1.01
ROE
14.9%▲
2023 · 6.1%
ROA
8.4%▲
2023 · 3.1%
Interest coverage
9.87▲
2023 · 4.67
Debt
€610k▼
2023 · €740k
Debt ≤ 1 year
€528k▼
2023 · €721k
Income taxes
€67k▲
2023 · €28k
Staff costs
€61k▼
2023 · €62k
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€1.47M€1.40M▼
Fixed assets21/28€98k€26k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€98k€26k▼
Land and buildings22€41k€0▼
Plant, machinery and equipment23€37k€18k▼
Furniture and vehicles24€20k€8k▼
Financial fixed assets28€0-
Current assets29/58€1.38M€1.37M▼
Stocks and contracts in progress3€885k€481k▼
Stocks30/36€601k€415k▼
Contracts in progress37€284k€65k▼
Amounts receivable within one year40/41€420k€543k▲
Trade receivables40€104k€391k▲
Other amounts receivable41€316k€152k▼
Cash at bank and in hand54/58€70k€348k▲
Equity and liabilities
Total equity and liabilities10/49€1.47M€1.40M▼
Equity10/15€734k€788k▲
Contributions10/11€376k€376k=
Reserves13€350k€405k▲
Distributable reserves133€350k€405k▲
Profit (loss) carried forward14€8k€7k▼
Amounts payable17/49€740k€610k▼
Amounts payable after more than one year17€18k-
Financial debts170/4€18k-
Amounts payable within one year42/48€721k€528k▼
Current portion of amounts payable after more than one year42€18k€18k=
Trade debts44€54k€104k▲
Suppliers440/4€54k€104k▲
Advances received on contracts in progress46€317k-
Taxes, remuneration and social security45€42k€100k▲
Taxes450/3€36k€93k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€291k€306k▲
Accrued charges and deferred income492/3€85€81k▲
Income statement
Code20232024
Non-recurring operating income76A€560€73k▲
Remuneration, social security and pensions62€62k€61k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€30k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€192k€303k▲
Operating profit (loss)9901€93k€205k▲
Financial income75/76B€7k€3k▼
Recurring financial income75€7k€3k▼
Financial charges65/66B€27k€24k▼
Recurring financial charges65€27k€24k▼
Profit (loss) for the period before taxes9903€73k€185k▲
Income taxes67/77€28k€67k▲
Profit (loss) for the period9904€45k€117k▲
Profit (loss) for the period to be appropriated9905€45k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€125k▲
Profit (loss) brought forward from the previous period14P€7k€8k▲
Transfer from equity791/2-€62k
Transfer to equity691/2€42k€117k▲
To other reserves6921€42k€117k▲
Profit to be distributed694/7€2k€63k▲
Return on contributions (dividend)694€2k€63k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €117k ▲160%
Operating result €205k, net result €117k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €599k ▲22%
2 profitable years in a row build equity to €599k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
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
2 directors, no change since 2025
Francis Vanpoucke
CurrentDirector · since 08-08-2025
08-08-2025
Francis Vanpoucke: Appointed as Director
25-06-2025
Ronny Bernaert: Resigned as Director
Location & real-estate footprint
Registered office, Zonnebeke · 1 establishment unit since 2011
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.
Berten Pilstraat 248980 ZonnebekeGround area
1.5 ha
Building footprint
289 m²
Volume, LiDAR
1,565 m³
Parcel 33037B0608/00N000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LECOBOUW
since 20112.200.466.675
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33037B0608/00N000 | Flanders | 1.5 ha | 1 · 289 m² | 9.1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 288 EUR awarded · 288 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 288 EUR | 288 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 7,324 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2011
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68110Buying and selling of own real estate
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.