LEND
ActiveSummary
The computed 12-month bankruptcy probability of LEND is 1.9% (moderate). The 2025 annual accounts show equity of €5,000 and a net result of €24,301. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 10485 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-13
Solvency28▼-58
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
3%
Return on assets
14.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 10485 sector peers (2025).
NBB · sector comparisonPosition among 10485 sector peers
Solvency
better than 15%
← weakest
strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
22 d early
2024
31 d early
2023
31 d early
2022
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€5,000▼ 95.0%
2024 · €99,515
Total assets
€168,624▲ 3.0%
2024 · €163,780
Net result
€24,301▼ 74.1%
2024 · €93,808
Working capital
-€87,764
2024 · €12,405
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€2,991-€4,690€121,300▲ 2,486%€36,686▼ 69.8%
Net result-€2,991-€3,698€93,808▲ 2,437%€24,301▼ 74.1%
Equity€2,009-€5,707▲ 184%€99,515▲ 1,644%€5,000▼ 95.0%
Total assets€3,389-€18,863▲ 457%€163,780▲ 768%€168,624▲ 3.0%
Debt€1,380-€13,155▲ 853%€64,265▲ 389%€163,624▲ 155%
Working capital€2,179--€3,081€12,405-€87,764
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Total assets +768% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168,624
Fixed assets
€95,049 ▲ 8.6%
Current assets
€73,575 ▼ 3.5%
Equity and liabilities €168,624
Equity
€5,000 ▼ 95.0%
Debt
€163,624 ▲ 155%
Debt's share of the balance-sheet total rises from 39.2% to 97.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€57,427▼
2024 · €135,262
Cash flow
€45,042▼
2024 · €107,771
Current ratio
0.46▼
2024 · 1.19
Debt to equity
32.72▲
2024 · 0.65
ROE
486.0%▲
2024 · 94.3%
ROA
14.4%▼
2024 · 57.3%
Interest coverage
67.50▼
2024 · 3102.35
Debt ≤ 1 year
€161,339▲
2024 · €63,828
Income taxes
€12,208▼
2024 · €27,449
Staff costs
€3,317▲
2024 · €55
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
2.6%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,155 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €55 | €3,317 | ▲ 5,931% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €659 | €13,963 | €20,741 | ▲ 48.5% |
| Other operating charges640/8 | €50 | €650 | €2,338 | €3,148 | ▲ 34.7% |
| Gross operating margin9900 | -€2,941 | €5,999 | €137,655 | €63,892 | ▼ 53.6% |
| Operating profit (loss)9901 | -€2,991 | €4,690 | €121,300 | €36,686 | ▼ 69.8% |
| Financial income75/76B | - | €5 | €0 | €673 | ▲ 217,006% |
| Recurring financial income75 | - | €5 | €0 | €673 | ▲ 217,006% |
| Financial charges65/66B | - | €39 | €44 | €851 | ▲ 1,851% |
| Recurring financial charges65 | - | €39 | €44 | €851 | ▲ 1,851% |
| Profit (loss) for the period before taxes9903 | -€2,991 | €4,656 | €121,257 | €36,509 | ▼ 69.9% |
| Income taxes67/77 | - | €958 | €27,449 | €12,208 | ▼ 55.5% |
| Profit (loss) for the period9904 | -€2,991 | €3,698 | €93,808 | €24,301 | ▼ 74.1% |
| Profit (loss) for the period to be appropriated9905 | -€2,991 | €3,698 | €93,808 | €24,301 | ▼ 74.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3,389 | €18,863 | €163,780 | €168,624 | ▲ 3.0% |
| Fixed assets21/28 | - | €9,094 | €87,547 | €95,049 | ▲ 8.6% |
| Tangible fixed assets22/27 | - | €9,094 | €72,549 | €80,050 | ▲ 10.3% |
| Land and buildings22 | - | €3,269 | €2,909 | €23,336 | ▲ 702% |
| Plant, machinery and equipment23 | - | - | - | €2,263 | - |
| Furniture and vehicles24 | - | €5,824 | €69,639 | €54,451 | ▼ 21.8% |
| Financial fixed assets28 | - | - | €14,999 | €14,999 | = |
| Current assets29/58 | €3,389 | €9,769 | €76,233 | €73,575 | ▼ 3.5% |
| Amounts receivable within one year40/41 | €441 | €4,350 | €22,545 | €24,296 | ▲ 7.8% |
| Trade receivables40 | - | €3,913 | €22,545 | €10,373 | ▼ 54.0% |
| Other amounts receivable41 | €441 | €436 | - | €13,922 | - |
| Current investments50/53 | - | - | - | €5,968 | - |
| Cash at bank and in hand54/58 | €2,948 | €5,357 | €52,234 | €40,448 | ▼ 22.6% |
| Deferred charges and accrued income490/1 | - | €63 | €1,454 | €2,864 | ▲ 97.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3,389 | €18,863 | €163,780 | €168,624 | ▲ 3.0% |
| Equity10/15 | €2,009 | €5,707 | €99,515 | €5,000 | ▼ 95.0% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Other1109/19 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€2,991 | €707 | €94,515 | - | - |
| Amounts payable17/49 | €1,380 | €13,155 | €64,265 | €163,624 | ▲ 155% |
| Amounts payable within one year42/48 | €1,210 | €12,850 | €63,828 | €161,339 | ▲ 153% |
| Trade debts44 | €1,210 | €992 | €1,026 | €14,304 | ▲ 1,294% |
| Suppliers440/4 | €1,210 | €992 | €1,026 | €14,304 | ▲ 1,294% |
| Taxes, remuneration and social security45 | - | €958 | €36,848 | €31,405 | ▼ 14.8% |
| Taxes450/3 | - | €958 | €36,848 | €27,449 | ▼ 25.5% |
| Remuneration and social security454/9 | - | - | - | €3,956 | - |
| Other amounts payable47/48 | - | €10,900 | €25,955 | €115,630 | ▲ 346% |
| Accrued charges and deferred income492/3 | €170 | €306 | €437 | €2,285 | ▲ 423% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,991 | €3,698 | €93,808 | €24,301 | ▼ 74.1% |
| + Depreciation and write-downs630 | - | €659 | €13,963 | €20,741 | ▲ 48.5% |
| Operating cash flow (approximation) | -€2,991 | €4,357 | €107,771 | €45,042 | ▼ 58.2% |
| Investment in fixed assets (approximation) | - | - | -€92,416 | -€28,242 | ▲ 69.4% |
| Change in cash | - | €2,409 | €46,878 | -€11,787 | ▼ 125% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €93,808 ▲2,437%
Operating result €121,300, net result €93,808, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3,698
Net result €3,698 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Herent · 1 establishment unit since 2022
Ground area
2,035 m²
Building footprint
147 m²
Volume, LiDAR
86 m³
Parcel 24127B0181/00B000, Flanders · tallest building 16.7 m. Linked by address, not a title deed.
1 establishment unit
Lend
since 20222.338.672.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24127B0181/00B000 | Flanders | 2,035 m² | 1 · 147 m² | 16.7 m |
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.
Similar companies · same sector, comparable size
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BE 0787.352.463
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Pharmacie de BALMORAL
BE 0751.998.537
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MELBUJ
BE 1011.183.626
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LC Pharma Concept
BE 0729.811.271
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Of 5,220 companies in sector 47730 we hold annual accounts for 3,860. 463 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
Founded25-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
10860Manufacture of food products
20140Manufacture of chemicals and chemical products
21100Manufacture of basic pharmaceutical products and pharmaceutical preparations
63920Other information service activities
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0793992708
Registered
28-07-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.