Lennertson
ActiveSummary
The computed 12-month bankruptcy probability of Lennertson is 2.4% (moderate). The 2025 annual accounts show equity of €225,924 and a net result of -€47,190. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 18606 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100▲+4
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 4.34 against 3.13 in 2024; short-term debt: 21.9% and cash: 70.5% of total assets), and 21.9% 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 21-07-2026, 10 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
10 d early
2024
2 d early
2023
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 6 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. Usually files around 25 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€225,924▲ 83.5%
2024 · €123,113
Total assets
€289,280▲ 66.9%
2024 · €173,359
Net result
-€47,190▼ 7.9%
2024 · -€43,732
Working capital
€211,568▲ 97.4%
2024 · €107,164
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result-€14,821--€43,345▼ 192%-€45,693▼ 5.4%
Net result-€15,217below the sector's middle half--€43,732below the sector's middle half▼ 187%-€47,190below the sector's middle half▼ 7.9%
Equity€166,845above the sector's middle half-€123,113above the sector's middle half▼ 26.2%€225,924above the sector's middle half▲ 83.5%
Total assets€214,649within the sector's middle half-€173,359within the sector's middle half▼ 19.2%€289,280within the sector's middle half▲ 66.9%
Debt€47,804-€50,245▲ 5.1%€63,356▲ 26.1%
Working capital€165,937above the sector's middle half-€107,164above the sector's middle half▼ 35.4%€211,568above the sector's middle half▲ 97.4%
Solvency77.7%above the sector's middle half-71.0%above the sector's middle half▼ 6.7pp78.1%above the sector's middle half▲ 7.1pp
Current ratio4.47above the sector's middle half-3.13above the sector's middle half▼ 1.344.34above the sector's middle half▲ 1.21
Return on assets (ROA)-7.1%below the sector's middle half--25.2%below the sector's middle half▼ 18.1pp-16.3%below the sector's middle half▲ 8.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €45,693 in 2025 against €43,345 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289,280
Fixed assets
€14,355 ▼ 9.6%
Current assets
€274,925 ▲ 74.7%
Equity and liabilities €289,280
Equity
€225,924 ▲ 83.5%
Debt
€63,356 ▲ 26.1%
Debt's share of the balance-sheet total falls from 29.0% to 21.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€41,600▼
2024 · -€40,570
Cash flow
-€43,096▼
2024 · -€40,957
Quick ratio
3.55▲
2024 · 2.05
Debt to equity
0.28▼
2024 · 0.41
ROE
-20.9%▲
2024 · -35.5%
Interest coverage
-21.49▲
2024 · -43.30
Debt ≤ 1 year
€63,356▲
2024 · €50,245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.4% 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 497,662 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% | 1.7% |
| 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 75% 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 3,597 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €552 | €2,775 | €4,094 | ▲ 47.5% |
| Other operating charges640/8 | €287 | €449 | €587 | ▲ 30.6% |
| Gross operating margin9900 | -€13,981 | -€40,120 | -€41,013 | ▼ 2.2% |
| Operating profit (loss)9901 | -€14,821 | -€43,345 | -€45,693 | ▼ 5.4% |
| Financial income75/76B | €24 | €550 | €440 | ▼ 20.1% |
| Recurring financial income75 | €24 | €550 | €440 | ▼ 20.1% |
| Financial charges65/66B | €419 | €937 | €1,936 | ▲ 107% |
| Recurring financial charges65 | €419 | €937 | €1,936 | ▲ 107% |
| Profit (loss) for the period before taxes9903 | -€15,217 | -€43,732 | -€47,190 | ▼ 7.9% |
| Profit (loss) for the period9904 | -€15,217 | -€43,732 | -€47,190 | ▼ 7.9% |
| Profit (loss) for the period to be appropriated9905 | -€15,217 | -€43,732 | -€47,190 | ▼ 7.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €214,649 | €173,359 | €289,280 | ▲ 66.9% |
| Formation expenses20 | €153 | €69 | - | - |
| Fixed assets21/28 | €755 | €15,880 | €14,355 | ▼ 9.6% |
| Intangible fixed assets21 | €604 | €15,312 | €11,608 | ▼ 24.2% |
| Tangible fixed assets22/27 | €151 | €568 | €248 | ▼ 56.4% |
| Plant, machinery and equipment23 | €151 | €72 | - | - |
| Furniture and vehicles24 | - | €496 | €248 | ▼ 50.0% |
| Financial fixed assets28 | - | - | €2,500 | - |
| Current assets29/58 | €213,741 | €157,409 | €274,925 | ▲ 74.7% |
| Stocks and contracts in progress3 | €8,475 | €54,493 | €49,810 | ▼ 8.6% |
| Stocks30/36 | €8,475 | €54,493 | €49,810 | ▼ 8.6% |
| Amounts receivable within one year40/41 | €3,414 | €10,513 | €21,075 | ▲ 100% |
| Trade receivables40 | €2,080 | €10,119 | €20,943 | ▲ 107% |
| Other amounts receivable41 | €1,334 | €394 | €132 | ▼ 66.5% |
| Cash at bank and in hand54/58 | €201,852 | €92,355 | €203,944 | ▲ 121% |
| Deferred charges and accrued income490/1 | - | €49 | €96 | ▲ 95.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €214,649 | €173,359 | €289,280 | ▲ 66.9% |
| Equity10/15 | €166,845 | €123,113 | €225,924 | ▲ 83.5% |
| Contributions10/11 | €200,500 | €200,500 | €350,500 | ▲ 74.8% |
| Profit (loss) carried forward14 | -€33,655 | -€77,387 | -€124,576 | ▼ 61.0% |
| Amounts payable17/49 | €47,804 | €50,245 | €63,356 | ▲ 26.1% |
| Amounts payable within one year42/48 | €47,804 | €50,245 | €63,356 | ▲ 26.1% |
| Trade debts44 | €9,546 | €7,906 | €17,101 | ▲ 116% |
| Suppliers440/4 | €9,546 | €7,906 | €17,101 | ▲ 116% |
| Taxes, remuneration and social security45 | - | €5,479 | €7,440 | ▲ 35.8% |
| Taxes450/3 | - | €5,479 | €7,440 | ▲ 35.8% |
| Other amounts payable47/48 | €38,258 | €36,860 | €38,816 | ▲ 5.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,217 | -€43,732 | -€47,190 | ▼ 7.9% |
| + Depreciation and write-downs630 | €552 | €2,775 | €4,094 | ▲ 47.5% |
| Operating cash flow (approximation) | -€14,664 | -€40,957 | -€43,096 | ▼ 5.2% |
| Investment in fixed assets (approximation) | - | -€17,900 | -€2,569 | ▲ 85.6% |
| Change in cash | - | -€109,498 | €111,589 | ▲ 202% |
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
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€47,190
Net result drops to -€47,190, the lowest in the series.
31-12
Financial
Equity above €200,000Eq €225,924 ▲83.5%
Equity rises from €123,113 to €225,924.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Genk · 2 establishment units since 2020
Ground area
645 m²
Building footprint
217 m²
Volume, LiDAR
1,794 m³
2 parcels, Flanders · tallest building 19.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Lennertson
since 20202.310.356.292
Lennertson pop-up
since 20252.380.495.311
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71307H0002/00T122 | Flanders | 529 m² | 1 · 111 m² | 10.2 m · 2 fl. |
| 44805E1186/00B000 ProtectedTownscape or village viewKetelpoort, Tavernierstraat, Tiebaertsteeg, Nederkouter en SavaanstraatSource ↗ |
Flanders | 117 m² | 1 · 106 m² | 19.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,185 EUR awarded · 1,185 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,185 EUR | 1,185 EUR |
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Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,361 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
Founded01-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758936908
Also
9925:BE0758936908
Registered
03-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.