LERNOUT
ActiveLERNOUT has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €493k and a net result of €82k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 4575 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-1
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.98 against 2.39 in 2024; short-term debt: 15.9% and cash: 44.1% of total assets), and 19.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 49
Relative position
BE, all sectors
reference
Sector 49
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
80.1%
Return on assets
13.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
25 d early
2023
44 d early
2022
43 d early
2021
42 d early
2020
27 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€493k▲ 7.1%
2024 · €460k
2019: €189k
2020: €226k
2021: €255k
2022: €331k
2023: €370k
2024: €460k
2019 → 2025
Total assets
€615k▼ 5.3%
2024 · €650k
2019: €306k
2020: €324k
2021: €340k
2022: €492k
2023: €531k
2024: €650k
2019 → 2025
Net result
€82k▼ 9.7%
2024 · €90k
2019: €49k
2020: €37k
2021: €29k
2022: €76k
2023: €39k
2024: €90k
2019 → 2025
Working capital
€292k▲ 42.5%
2024 · €205k
2019: €109k
2020: €123k
2021: €170k
2022: €202k
2023: €270k
2024: €205k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€255k-€331k▲ 29.7%€370k▲ 11.7%€460k▲ 24.4%€493k▲ 7.1%
Operating result€44k-€96k▲ 117%€58k▼ 40.0%€125k▲ 117%€122k▼ 2.4%
Net result€29k-€76k▲ 163%€39k▼ 48.9%€90k▲ 133%€82k▼ 9.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €615k
Fixed assets
€226k▼ 24.2%
Current assets
€390k▲ 10.8%
Equity and liabilities €615k
Equity
€493k▲ 7.1%
Debt
€122k▼ 35.5%
The debt ratio falls from 29.1% to 19.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193k▲
2024 · €190k
Cash flow
€153k▼
2024 · €155k
Solvency
80.1%▲
2024 · 70.9%
Current ratio
3.98▲
2024 · 2.39
Quick ratio
3.98▲
2024 · 2.39
Debt / equity
0.25▼
2024 · 0.41
ROE
16.6%▼
2024 · 19.6%
ROA
13.3%▼
2024 · 13.9%
Interest coverage
25.58▼
2024 · 41.90
Debt
€122k▼
2024 · €189k
Debt ≤ 1 year
€98k▼
2024 · €147k
Debt > 1 year
€19k▼
2024 · €39k
Income taxes
€33k▲
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€650k€615k▼
Fixed assets21/28€298k€226k▼
Tangible fixed assets22/27€298k€225k▼
Land and buildings22€10k€9k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€282k€214k▼
Other tangible fixed assets26€1k€973▼
Financial fixed assets28€135€135=
Current assets29/58€352k€390k▲
Amounts receivable within one year40/41€119k€111k▼
Trade receivables40€104k€111k▲
Other amounts receivable41€14k€0▼
Cash at bank and in hand54/58€230k€271k▲
Deferred charges and accrued income490/1€3k€7k▲
Equity and liabilities
Total equity and liabilities10/49€650k€615k▼
Equity10/15€460k€493k▲
Contributions10/11€35k€35k=
Reserves13€323k€356k▲
Distributable reserves133€323k€356k▲
Profit (loss) carried forward14€102k€102k=
Amounts payable17/49€189k€122k▼
Amounts payable after more than one year17€39k€19k▼
Financial debts170/4€39k€19k▼
Amounts payable within one year42/48€147k€98k▼
Current portion of amounts payable after more than one year42€20k€20k▲
Trade debts44€60k€4k▼
Suppliers440/4€60k€4k▼
Taxes, remuneration and social security45€14k€13k▼
Taxes450/3€14k€13k▼
Other amounts payable47/48€54k€60k▲
Accrued charges and deferred income492/3€3k€6k▲
Income statement
Code20242025
Non-recurring operating income76A-€293
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€71k▲
Other operating charges640/8€6k€8k▲
Gross operating margin9900€196k€201k▲
Operating profit (loss)9901€125k€122k▼
Financial income75/76B€111€132▲
Recurring financial income75€111€132▲
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€121k€115k▼
Income taxes67/77€30k€33k▲
Profit (loss) for the period9904€90k€82k▼
Profit (loss) for the period to be appropriated9905€90k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€193k€184k▼
Profit (loss) brought forward from the previous period14P€102k€102k=
Transfer from equity791/2-€49k
Transfer to equity691/2€90k€82k▼
To other reserves6921€90k€82k▼
Profit to be distributed694/7-€49k
Return on contributions (dividend)694-€49k
The notes to these accounts (13 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
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €90k ▲133%
Operating result €125k, net result €90k, both a record.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €29k ▼22%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €200kEq €226k ▲19.5%
2 profitable years in a row build equity to €226k.
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
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
3 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, Zonnebeke · 1 establishment unit since 2003
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.
Martinegatstraat 108980 ZonnebekeGround area
561 m²
Building footprint
173 m²
Volume, LiDAR
855 m³
Parcel 33019D1032/00F002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lernout BVBA
since 20032.124.715.318
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33019D1032/00F002 | Flanders | 561 m² | 1 · 173 m² | 8.5 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
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KH TRANS
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Sint-Truiden · Eq €492k
BOTRANS
BE 0412.519.719
Landen · Eq €494k
TRANSAFLO
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Courcelles · Eq €492k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 5,240 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-1985
Fiscal year end30-06
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.