LENAERTS Y.
ActiveSummary
LENAERTS Y. has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €41. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+19
Solvency79▼-8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 2.25 in 2024; short-term debt: 46.1% and cash: 72.2% of total assets), and 46.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 2025Solvency, return and age of the figures
Solvency
53.9%
Return on assets
0%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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
21 d late
2024
31 d early
2023
2 d early
2022
25 d late
2021
30 d late
2020
31 d late
2019
59 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▼ 31.3%
2024 · €91k
2018: €33k
2019: €24k
2020: €36k
2021: €79k
2022: €111k
2023: €120k
2024: €91k
2018 → 2025
Total assets
€116k▼ 21.1%
2024 · €147k
2018: €99k
2019: €98k
2020: €98k
2021: €152k
2022: €179k
2023: €179k
2024: €147k
2018 → 2025
Net result
€41
2024 · €-28k
2018: €-17k
2019: €-9k
2020: €12k
2021: €43k
2022: €32k
2023: €8k
2024: €-28k
2018 → 2025
Working capital
€52k▼ 26.3%
2024 · €70k
2018: €13k
2019: €10k
2020: €20k
2021: €63k
2022: €62k
2023: €79k
2024: €70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€111k▲ 40.6%€120k▲ 7.4%€91k▼ 23.8%€63k▼ 31.3%
Operating result€58k-€46k▼ 21.2%€8k▼ 82.6%€-29k€-2k▲ 93.0%
Net result€43k-€32k▼ 25.4%€8k▼ 74.4%€-28k€41
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €29k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€11k ▼ 48.2%
Current assets
€106k ▼ 16.6%
Equity and liabilities €116k
Equity
€63k ▼ 31.3%
Debt
€54k ▼ 4.4%
Debt's share of the balance-sheet total rises from 38.1% to 46.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▲
2024 · €7k
Cash flow
€10k▲
2024 · €8k
Current ratio
1.97▼
2024 · 2.25
Debt to equity
0.86▲
2024 · 0.62
ROE
0.1%▲
2024 · -31.2%
ROA
0.0%▲
2024 · -19.3%
Interest coverage
147.24▼
2024 · 190.92
Debt ≤ 1 year
€54k▼
2024 · €56k
Income taxes
€-591▼
2024 · €254
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€147k€116k▼
Fixed assets21/28€21k€11k▼
Tangible fixed assets22/27€21k€11k▼
Land and buildings22€6k€5k▼
Plant, machinery and equipment23-€6k
Furniture and vehicles24€15k€0▼
Current assets29/58€126k€106k▼
Amounts receivable within one year40/41€42k€22k▼
Trade receivables40€39k€20k▼
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€84k€84k▼
Deferred charges and accrued income490/1€23€0▼
Equity and liabilities
Total equity and liabilities10/49€147k€116k▼
Equity10/15€91k€63k▼
Contributions10/11€20k€19k▼
Reserves13€99k€72k▼
Distributable reserves133€99k€72k▼
Profit (loss) carried forward14€-28k€-28k▲
Amounts payable17/49€56k€54k▼
Amounts payable within one year42/48€56k€54k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45-€160
Taxes450/3-€160
Other amounts payable47/48€51k€51k▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€10k▼
Other operating charges640/8€6k€26k▲
Gross operating margin9900€13k€34k▲
Operating profit (loss)9901€-29k€-2k▲
Financial income75/76B€894€2k▲
Recurring financial income75€894€2k▲
Financial charges65/66B€37€56▲
Recurring financial charges65€37€56▲
Profit (loss) for the period before taxes9903€-28k€-550▲
Income taxes67/77€254€-591▼
Profit (loss) for the period9904€-28k€41▲
Profit (loss) for the period to be appropriated9905€-28k€41▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-28k▲
Profit (loss) brought forward from the previous period14P-€-28k
Transfer from equity791/2-€29k
Profit to be distributed694/7-€29k
Return on contributions (dividend)694-€29k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Back to profitnet €41
Net result €41 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-28k ▼446%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Equity above €100kEq €111k ▲40.6%
3 profitable years in a row build equity to €111k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €43k ▲256%
Operating result €58k, net result €43k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
Show earlier events
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Landen · 1 establishment unit since 2006
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.
Handelsstraat 113401 LandenGround area
1,066 m²
Building footprint
366 m²
Volume, LiDAR
2,098 m³
Parcel 24732A0446/00D000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LENAERTS Y.
since 20062.153.450.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24732A0446/00D000 | Flanders | 1,066 m² | 1 · 366 m² | 10.9 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.
Similar companies · same sector, comparable size
Oxa Group
BE 0787.360.975
Vilvoorde · Eq €62,649
ECO-CONSTRUCTION
BE 0791.202.472
Sint-Truiden · Eq €62,639
COEMOTH-GROSJEAN CONSTRUCTION
BE 0656.562.217
Momignies · Eq €62,635
M BÉTON CONSTRUCT
BE 0737.798.727
Somme-Leuze · Eq €62,606
VASSA
BE 0689.798.078
Oudenburg · Eq €62,699
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,195 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43410Roofing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.