Lernut
ActiveSummary
Lernut has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184,400 and a net result of -€7,449. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 317 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability28▲+28
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.14 in 2024; short-term debt: 4.8% and cash: 0.6% of total assets), and 5.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Forestry and logging (NACE 02)
about 55% fewer bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18202122232425
2018 to 2025 · latest year -€7,449
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 10 filingsDeviation from the deadline
2025
10 d late
2024
26 d late
2023
50 d late
2022
23 d late
2021
6 d early
2020
26 d late
2018
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% 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 23 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Braine-l'Alleud, Agriculture, forestry and fishing sector#6 company by equity in Braine-l'Alleud, Agriculture, forestry and fishing sector
Equity
€184,400▼ 3.9%
2024 · €191,849
Total assets
€194,567▲ 0.6%
2024 · €193,393
Net result
-€7,449▲ 81.0%
2024 · -€39,275
Working capital
-€8,137▼ 21,285%
2024 · -€38
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 02, Forestry and logging, 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
Line20212022202320242025
Operating result-€1,828▲ 0.6%-€1,720▲ 5.9%-€2,137▼ 24.3%-€39,194▼ 1,734%-€7,367▲ 81.2%
Net result-€1,828within the sector's middle half▲ 4.4%-€1,720within the sector's middle half▲ 5.9%-€2,209within the sector's middle half▼ 28.4%-€39,275below the sector's middle half▼ 1,678%-€7,449below the sector's middle half▲ 81.0%
Equity€235,053within the sector's middle half▼ 0.8%€233,333within the sector's middle half▼ 0.7%€231,124within the sector's middle half▼ 0.9%€191,849within the sector's middle half▼ 17.0%€184,400within the sector's middle half▼ 3.9%
Total assets€262,486within the sector's middle half=€262,486within the sector's middle half=€262,454within the sector's middle half=€193,393within the sector's middle half▼ 26.3%€194,567within the sector's middle half▲ 0.6%
Debt€27,434▲ 7.1%€29,154▲ 6.3%€31,330▲ 7.5%€1,544▼ 95.1%€10,168▲ 559%
Working capital€41,666within the sector's middle half▼ 4.2%€40,810within the sector's middle half▼ 2.1%€38,122within the sector's middle half▼ 6.6%-€38within the sector's middle half-€8,137within the sector's middle half▼ 21,285%
Solvency89.5%above the sector's middle half▼ 0.7pp88.9%above the sector's middle half▼ 0.7pp88.1%above the sector's middle half▼ 0.8pp99.2%above the sector's middle half▲ 11.1pp94.8%above the sector's middle half▼ 4.4pp
Current ratio2.52within the sector's middle half▼ 0.182.44within the sector's middle half▼ 0.082.23within the sector's middle half▼ 0.210.14below the sector's middle half▼ 2.100.13below the sector's middle half▼ 0.01
Return on assets (ROA)-0.7%within the sector's middle half=-0.7%within the sector's middle half=-0.8%within the sector's middle half▼ 0.2pp-20.3%below the sector's middle half▼ 19.5pp-3.8%below the sector's middle half▲ 16.5pp
above
within
below
the middle half (P25 to P75) of NACE 02, Forestry and logging, 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 €7,367 in 2025 against €39,194 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194,567
Fixed assets
€193,387 =
Current assets
€1,181 ▲ 19,746%
Equity and liabilities €194,567
Equity
€184,400 ▼ 3.9%
Debt
€10,168 ▲ 559%
Debt's share of the balance-sheet total rises from 0.8% to 5.2%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.06▲
2024 · 0.01
ROE
-4.0%▲
2024 · -20.5%
Debt ≤ 1 year
€9,318▲
2024 · €44
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 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 12,321 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €34,177 | - | - |
| Other operating charges640/8 | €716 | €680 | €890 | €1,388 | €779 | ▼ 43.9% |
| Gross operating margin9900 | -€1,113 | -€1,041 | -€1,247 | -€37,806 | -€6,588 | ▲ 82.6% |
| Operating profit (loss)9901 | -€1,828 | -€1,720 | -€2,137 | -€39,194 | -€7,367 | ▲ 81.2% |
| Financial charges65/66B | - | - | €71 | €82 | €82 | ▲ 0.6% |
| Recurring financial charges65 | - | - | €71 | €82 | €82 | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | -€1,828 | -€1,720 | -€2,209 | -€39,275 | -€7,449 | ▲ 81.0% |
| Profit (loss) for the period9904 | -€1,828 | -€1,720 | -€2,209 | -€39,275 | -€7,449 | ▲ 81.0% |
| Profit (loss) for the period to be appropriated9905 | -€1,828 | -€1,720 | -€2,209 | -€39,275 | -€7,449 | ▲ 81.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €262,486 | €262,486 | €262,454 | €193,393 | €194,567 | ▲ 0.6% |
| Fixed assets21/28 | €193,387 | €193,387 | €193,387 | €193,387 | €193,387 | = |
| Tangible fixed assets22/27 | €193,387 | €193,387 | €193,387 | €193,387 | €193,387 | = |
| Land and buildings22 | €193,387 | €193,387 | €193,387 | €193,387 | €193,387 | = |
| Current assets29/58 | €69,100 | €69,100 | €69,068 | €6 | €1,181 | ▲ 19,746% |
| Stocks and contracts in progress3 | €69,068 | €69,068 | €69,068 | - | - | - |
| Stocks30/36 | €69,068 | €69,068 | €69,068 | - | - | - |
| Cash at bank and in hand54/58 | €32 | €32 | - | €6 | €1,181 | ▲ 19,746% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €262,486 | €262,486 | €262,454 | €193,393 | €194,567 | ▲ 0.6% |
| Equity10/15 | €235,053 | €233,333 | €231,124 | €191,849 | €184,400 | ▼ 3.9% |
| Contributions10/11 | €114,857 | €114,857 | €114,857 | €114,857 | €114,857 | = |
| Reserves13 | €135,412 | €135,412 | €135,412 | €135,412 | €135,412 | = |
| Non-distributable reserves130/1 | €11,486 | €11,486 | €11,486 | €11,486 | €11,486 | = |
| Reserves not available under the articles1311 | €11,486 | €11,486 | €11,486 | €11,486 | €11,486 | = |
| Distributable reserves133 | €123,926 | €123,926 | €123,926 | €123,926 | €123,926 | = |
| Profit (loss) carried forward14 | -€15,216 | -€16,936 | -€19,145 | -€58,420 | -€65,869 | ▼ 12.8% |
| Amounts payable17/49 | €27,434 | €29,154 | €31,330 | €1,544 | €10,168 | ▲ 559% |
| Amounts payable within one year42/48 | €27,434 | €28,289 | €30,946 | €44 | €9,318 | ▲ 21,077% |
| Financial debts43 | - | - | €11 | - | - | - |
| Credit institutions430/8 | - | - | €11 | - | - | - |
| Trade debts44 | €1,307 | €856 | €1,430 | €44 | €318 | ▲ 622% |
| Suppliers440/4 | €1,307 | €856 | €1,430 | €44 | €318 | ▲ 622% |
| Other amounts payable47/48 | €26,127 | €27,434 | €29,505 | - | €9,000 | - |
| Accrued charges and deferred income492/3 | - | €865 | €384 | €1,500 | €850 | ▼ 43.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,828 | -€1,720 | -€2,209 | -€39,275 | -€7,449 | ▲ 81.0% |
| Operating cash flow (approximation) | -€1,828 | -€1,720 | -€2,209 | -€39,275 | -€7,449 | ▲ 81.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | - | - | €1,175 | - |
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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
14-07
State Gazette act
Appointment: Anthony VAN EYCKE (director)2 facts ▸
State Gazette act
Appointment: Anthony VAN EYCKE (director)
2 facts ▸
- General meeting, 16-03-2026
- Director appointment, Anthony VAN EYCKE (director)
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet -€39,275
Net result drops to -€39,275, the lowest in the series; recovery starts the following year.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
03-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 125 days late
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Anthony VAN EYCKE
CurrentDirector · since 14-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
8 of this company's 9 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 1983
Ground area
5,661 m²
Building footprint
143 m²
Volume, LiDAR
1,374 m³
Parcel 25743K0044/00N000, Wallonia · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Chemin Lazard 16, 1420 Braine-l'Alleud
since 19832.021.947.974
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743K0044/00N000 | Wallonia | 5,661 m² | 1 · 143 m² | 13.0 m · 3 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.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Anthony VAN EYCKE |
|
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
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Of 1,555 companies in sector 02200 we hold annual accounts for 448. 333 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
Founded08-10-1982
Fiscal year end31-12
Activities, NACEBEL 2025
02200Logging
E-invoicing
Reachable via Peppol
Peppol ID
0208:0423299882
Registered
27-03-2026
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.