LENOLA
ActiveSummary
The computed 12-month bankruptcy probability of LENOLA is 2.2% (moderate). The 2024 annual accounts show equity of €80,508 and a net result of €44,672. Equity is growing by ~36.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 36381 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+39
Solvency89▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.21 in 2023; short-term debt: 36% and cash: 2.2% of total assets), and 36% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
76 d late
2023
23 d late
2022
28 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€80,508▲ 77.1%
2023 · €45,470
Total assets
€125,887▲ 54.3%
2023 · €81,604
Net result
€44,672▲ 1,771%
2023 · €2,388
Working capital
€79,514▲ 82.2%
2023 · €43,637
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20202021202220232024
Operating result€16,416-€23,592▲ 43.7%€15,397▼ 34.7%€4,957▼ 67.8%€60,435▲ 1,119%
Net result€16,338within the sector's middle half-€13,499within the sector's middle half▼ 17.4%€10,745within the sector's middle half▼ 20.4%€2,388within the sector's middle half▼ 77.8%€44,672above the sector's middle half▲ 1,771%
Equity€18,838below the sector's middle half-€32,337within the sector's middle half▲ 71.7%€43,082within the sector's middle half▲ 33.2%€45,470within the sector's middle half▲ 5.5%€80,508within the sector's middle half▲ 77.1%
Total assets€37,104below the sector's middle half-€55,087below the sector's middle half▲ 48.5%€76,965within the sector's middle half▲ 39.7%€81,604within the sector's middle half▲ 6.0%€125,887within the sector's middle half▲ 54.3%
Debt€18,266-€22,750▲ 24.5%€33,883▲ 48.9%€36,134▲ 6.6%€45,379▲ 25.6%
Working capital€19,246within the sector's middle half-€27,993within the sector's middle half▲ 45.4%€39,049within the sector's middle half▲ 39.5%€43,637within the sector's middle half▲ 11.7%€79,514within the sector's middle half▲ 82.2%
Solvency50.8%within the sector's middle half-58.7%within the sector's middle half▲ 7.9pp56.0%within the sector's middle half▼ 2.7pp55.7%within the sector's middle half▼ 0.3pp64.0%within the sector's middle half▲ 8.2pp
Current ratio3.12above the sector's middle half-2.34within the sector's middle half▼ 0.782.15within the sector's middle half▼ 0.192.21within the sector's middle half▲ 0.062.75within the sector's middle half▲ 0.54
Return on assets (ROA)44.0%above the sector's middle half-24.5%above the sector's middle half▼ 19.5pp14.0%within the sector's middle half▼ 10.5pp2.9%within the sector's middle half▼ 11.0pp35.5%above the sector's middle half▲ 32.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 recovers in 2024; 2024 is 1,119% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125,887
Fixed assets
€994 ▼ 45.8%
Current assets
€124,893 ▲ 56.6%
Equity and liabilities €125,887
Equity
€80,508 ▲ 77.1%
Debt
€45,379 ▲ 25.6%
Debt's share of the balance-sheet total falls from 44.3% to 36.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62,297▲
2023 · €7,157
Cash flow
€46,534▲
2023 · €4,588
Quick ratio
2.74▲
2023 · 2.19
Debt to equity
0.56▼
2023 · 0.79
ROE
55.5%▲
2023 · 5.3%
Interest coverage
25.83▲
2023 · 4.60
Debt ≤ 1 year
€45,379▲
2023 · €36,134
Income taxes
€13,550▲
2023 · €1,283
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,975 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,200 | €2,200 | €2,200 | €2,200 | €1,862 | ▼ 15.4% |
| Other operating charges640/8 | - | €216 | €104 | €140 | €505 | ▲ 261% |
| Gross operating margin9900 | €19,026 | €26,008 | €17,701 | €7,297 | €62,802 | ▲ 761% |
| Operating profit (loss)9901 | €16,416 | €23,592 | €15,397 | €4,957 | €60,435 | ▲ 1,119% |
| Financial income75/76B | - | €2 | €89 | €270 | €199 | ▼ 26.3% |
| Recurring financial income75 | €15 | €2 | €89 | €270 | €199 | ▼ 26.3% |
| Financial charges65/66B | - | €233 | €594 | €1,556 | €2,412 | ▲ 55.0% |
| Recurring financial charges65 | €93 | €233 | €594 | €1,556 | €2,412 | ▲ 55.0% |
| Profit (loss) for the period before taxes9903 | €16,338 | €23,361 | €14,892 | €3,671 | €58,222 | ▲ 1,486% |
| Income taxes67/77 | - | €9,862 | €4,147 | €1,283 | €13,550 | ▲ 956% |
| Profit (loss) for the period9904 | €16,338 | €13,499 | €10,745 | €2,388 | €44,672 | ▲ 1,771% |
| Profit (loss) for the period to be appropriated9905 | €16,338 | €13,499 | €10,745 | €2,388 | €44,672 | ▲ 1,771% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,104 | €55,087 | €76,965 | €81,604 | €125,887 | ▲ 54.3% |
| Fixed assets21/28 | €8,800 | €6,233 | €4,033 | €1,833 | €994 | ▼ 45.8% |
| Tangible fixed assets22/27 | €8,800 | €6,233 | €4,033 | €1,833 | €994 | ▼ 45.8% |
| Plant, machinery and equipment23 | - | - | - | - | €994 | - |
| Furniture and vehicles24 | - | €6,233 | €4,033 | €1,833 | - | - |
| Current assets29/58 | €28,304 | €48,854 | €72,932 | €79,771 | €124,893 | ▲ 56.6% |
| Stocks and contracts in progress3 | - | - | - | €526 | €426 | ▼ 19.0% |
| Stocks30/36 | - | - | - | €526 | €426 | ▼ 19.0% |
| Amounts receivable within one year40/41 | €5,067 | €8,057 | €8,823 | €13,696 | €27,688 | ▲ 102% |
| Trade receivables40 | - | €907 | €858 | €3,850 | €2,000 | ▼ 48.1% |
| Other amounts receivable41 | - | €7,150 | €7,965 | €9,846 | €25,688 | ▲ 161% |
| Current investments50/53 | - | - | - | - | €94,000 | - |
| Cash at bank and in hand54/58 | €23,237 | €40,797 | €64,044 | €65,549 | €2,779 | ▼ 95.8% |
| Deferred charges and accrued income490/1 | - | - | €65 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,104 | €55,087 | €76,965 | €81,604 | €125,887 | ▲ 54.3% |
| Equity10/15 | €18,838 | €32,337 | €43,082 | €45,470 | €80,508 | ▲ 77.1% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | - | €13,499 | €24,244 | €26,632 | €61,670 | ▲ 132% |
| Distributable reserves133 | - | €13,499 | €24,244 | €26,632 | €61,670 | ▲ 132% |
| Profit (loss) carried forward14 | €16,338 | €16,338 | €16,338 | €16,338 | €16,338 | = |
| Amounts payable17/49 | €18,266 | €22,750 | €33,883 | €36,134 | €45,379 | ▲ 25.6% |
| Amounts payable after more than one year17 | €9,208 | €1,889 | - | - | - | - |
| Financial debts170/4 | - | €1,889 | - | - | - | - |
| Amounts payable within one year42/48 | €9,058 | €20,861 | €33,883 | €36,134 | €45,379 | ▲ 25.6% |
| Current portion of amounts payable after more than one year42 | - | €3,685 | €1,875 | - | - | - |
| Trade debts44 | €9,058 | €9,813 | €9,698 | €421 | €923 | ▲ 119% |
| Suppliers440/4 | - | €9,813 | €9,698 | €421 | €923 | ▲ 119% |
| Taxes, remuneration and social security45 | - | €7,002 | €1,227 | €5,027 | €6,231 | ▲ 24.0% |
| Taxes450/3 | - | €7,002 | €1,227 | €5,027 | €6,231 | ▲ 24.0% |
| Other amounts payable47/48 | - | €361 | €21,083 | €30,686 | €38,225 | ▲ 24.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,338 | €13,499 | €10,745 | €2,388 | €44,672 | ▲ 1,771% |
| + Depreciation and write-downs630 | €2,200 | €2,200 | €2,200 | €2,200 | €1,862 | ▼ 15.4% |
| Operating cash flow (approximation) | €18,538 | €15,699 | €12,945 | €4,588 | €46,534 | ▲ 914% |
| Investment in fixed assets (approximation) | - | €367 | €0 | €0 | -€1,023 | - |
| Change in cash | - | €17,560 | €23,247 | €1,505 | -€62,770 | ▼ 4,271% |
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
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
31-12
Financial
Highest result since 2020net €44,672 ▲1,771%
Operating result €60,435, net result €44,672, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €2,388 ▼77.8%
Net result drops to €2,388, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Maasmechelen · 1 establishment unit since 2019
Ground area
321 m²
Building footprint
98 m²
Parcel 73048C1881/00L006, Flanders. Linked by address, not a title deed.
1 establishment unit
Schilder- en pleisterwerken Yarkin
since 20192.296.143.319
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048C1881/00L006 | Flanders | 321 m² | 1 · 98 m² | - |
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.
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Of 7,868 companies in sector 43341 we hold annual accounts for 2,665. 2,312 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
Founded21-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0737904338
Also
9925:BE0737904338
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.