Lenco
ActiveSummary
The computed 12-month bankruptcy probability of Lenco is 2.5% (moderate). The 2024 annual accounts show equity of €15,578 and a net result of €10,578. Its solvency ranks better than 58% of 2438 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency79
Growth-
Track record79
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.07; short-term debt: 45.6% and cash: 77.7% of total assets), and 45.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.4%
Return on assets
36.9%
Age of the figures
21 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 20-06-2025, 41 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 41 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€15,578
Total assets
€28,643
Net result
€10,578
Working capital
€14,040
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €28,643
Fixed assets
€1,538
Current assets
€27,105
Equity and liabilities €28,643
Equity
€15,578
Debt
€13,065
Debt finances 45.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€14,776
Cash flow
€10,667
Current ratio
2.07
Debt to equity
0.84
ROE
67.9%
ROA
36.9%
Interest coverage
562.26
Debt ≤ 1 year
€13,065
Income taxes
€4,083
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €89 |
| Gross operating margin9900 | €14,776 |
| Operating profit (loss)9901 | €14,687 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €26 |
| Recurring financial charges65 | €26 |
| Profit (loss) for the period before taxes9903 | €14,661 |
| Income taxes67/77 | €4,083 |
| Profit (loss) for the period9904 | €10,578 |
| Profit (loss) for the period to be appropriated9905 | €10,578 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €28,643 | |
| Fixed assets21/28 | €1,538 | |
| Tangible fixed assets22/27 | €1,538 | |
| Plant, machinery and equipment23 | €1,538 | |
| Current assets29/58 | €27,105 | |
| Amounts receivable within one year40/41 | €4,846 | |
| Trade receivables40 | €4,846 | |
| Cash at bank and in hand54/58 | €22,259 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €28,643 | |
| Equity10/15 | €15,578 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €10,578 | |
| Distributable reserves133 | €10,578 | |
| Amounts payable17/49 | €13,065 | |
| Amounts payable within one year42/48 | €13,065 | |
| Trade debts44 | €751 | |
| Suppliers440/4 | €751 | |
| Taxes, remuneration and social security45 | €6,135 | |
| Taxes450/3 | €6,135 | |
| Other amounts payable47/48 | €6,179 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €10,578 |
| + Depreciation and write-downs630 | €89 |
| Operating cash flow (approximation) | €10,667 |
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
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Herent · 1 establishment unit since 2023
Ground area
1,705 m²
Building footprint
188 m²
Volume, LiDAR
1,222 m³
Parcel 24423G0156/00H002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Lenco
since 20232.348.234.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423G0156/00H002 | Flanders | 1,705 m² | 1 · 188 m² | 10.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 56 EUR awarded · 56 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 56 EUR | 56 EUR |
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Of 980 companies in sector 25401 we hold annual accounts for 407. 204 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
25401Forging of metal
01110Growing of cereals (except rice), leguminous crops and oil seeds
01430Raising of horses and other equines
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.