LERUN
ActiveLERUN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €171k and a net result of €24k. Equity is growing by ~67.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability42▼-22
Solvency32▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 2.82 in 2023; short-term debt: 6.9% and cash: 1.7% of total assets), but 92.9% of the assets are financed with debt.
Credit advice for your own amount and term
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 37959 sector peers (2024).
NBB · sector comparisonPosition among 37959 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
on the day
2022
3 d early
2021
2 d early
2020
60 d late
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€171k▲ 16.2%
2023 · €147k
2018: €-43k
2019: €-26k
2020: €19k
2021: €57k
2022: €100k
2023: €147k
2018 → 2024
Total assets
€2.40M▲ 93.6%
2023 · €1.24M
2018: €1.12M
2019: €1.31M
2020: €1.09M
2021: €1.08M
2022: €1.06M
2023: €1.24M
2018 → 2024
Net result
€24k▼ 49.9%
2023 · €48k
2018: €24k
2019: €5k
2020: €45k
2021: €39k
2022: €42k
2023: €48k
2018 → 2024
Working capital
€188k▼ 25.0%
2023 · €251k
2018: €-394k
2019: €-420k
2020: €-382k
2021: €112k
2022: €106k
2023: €251k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€19k-€57k▲ 206%€100k▲ 73.9%€147k▲ 47.8%€171k▲ 16.2%
Operating result€81k-€75k▼ 7.0%€79k▲ 5.0%€90k▲ 13.8%€70k▼ 22.2%
Net result€45k-€39k▼ 13.5%€42k▲ 9.8%€48k▲ 12.6%€24k▼ 49.9%
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 2024; 2024 is 22% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.40M
Fixed assets
€2.05M▲ 140%
Current assets
€354k▼ 8.9%
Equity and liabilities €2.40M
Equity
€171k▲ 16.2%
Debt
€2.23M▲ 104%
The debt ratio rises from 88.1% to 92.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€99k▼
2023 · €117k
Cash flow
€53k▼
2023 · €75k
Solvency
7.1%▼
2023 · 11.9%
Current ratio
2.13▼
2023 · 2.82
Quick ratio
2.13▼
2023 · 2.82
Debt / equity
13.05▲
2023 · 7.43
ROE
13.9%▼
2023 · 32.4%
ROA
1.0%▼
2023 · 3.8%
Interest coverage
2.68▼
2023 · 4.86
Debt
€2.23M▲
2023 · €1.09M
Debt ≤ 1 year
€166k▲
2023 · €138k
Debt > 1 year
€2.07M▲
2023 · €957k
Income taxes
€9k▼
2023 · €18k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.24M€2.40M▲
Fixed assets21/28€853k€2.05M▲
Tangible fixed assets22/27€853k€2.05M▲
Land and buildings22€849k€2.05M▲
Plant, machinery and equipment23€5k€3k▼
Current assets29/58€388k€354k▼
Amounts receivable after more than one year29€110k€0▼
Other amounts receivable291€110k€0▼
Amounts receivable within one year40/41€5€103k▲
Trade receivables40-€100k
Other amounts receivable41€5€3k▲
Current investments50/53€97k€97k=
Cash at bank and in hand54/58€29k€40k▲
Deferred charges and accrued income490/1€152k€113k▼
Equity and liabilities
Total equity and liabilities10/49€1.24M€2.40M▲
Equity10/15€147k€171k▲
Contributions10/11€19k€19k=
Reserves13€173k€197k▲
Distributable reserves133€173k€197k▲
Profit (loss) carried forward14€-44k€-44k=
Amounts payable17/49€1.09M€2.23M▲
Amounts payable after more than one year17€957k€2.07M▲
Financial debts170/4€957k€2.07M▲
Amounts payable within one year42/48€138k€166k▲
Current portion of amounts payable after more than one year42€83k€119k▲
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€34k€26k▼
Taxes450/3€34k€26k▼
Other amounts payable47/48€16k€9k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€29k▲
Other operating charges640/8€4k€117k▲
Gross operating margin9900€121k€216k▲
Operating profit (loss)9901€90k€70k▼
Financial charges65/66B€24k€37k▲
Recurring financial charges65€24k€37k▲
Profit (loss) for the period before taxes9903€65k€33k▼
Income taxes67/77€18k€9k▼
Profit (loss) for the period9904€48k€24k▼
Profit (loss) for the period to be appropriated9905€48k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-21k▼
Profit (loss) brought forward from the previous period14P€-44k€-44k=
Transfer to equity691/2€48k€24k▼
To other reserves6921€48k€24k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €171k ▲16.2%
7 profitable years in a row build equity to €171k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €48k ▲12.6%
Operating result €90k, net result €48k, both a record.
31-12
Financial
Equity above €100kEq €147k ▲47.8%
6 profitable years in a row build equity to €147k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 8current ratio 1.97
Current ratio from 0.24 to 1.97; short-term debt falls from €503k to €116k.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €5k ▼78.7%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Geraardsbergen · 1 establishment unit since 2010
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.
Vrijheid(Oph) 549500 GeraardsbergenGround area
2,710 m²
Building footprint
818 m²
Volume, LiDAR
4,971 m³
Parcel 41053A0221/00C000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lerun
since 20102.191.410.439
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41053A0221/00C000 | Flanders | 2,710 m² | 1 · 818 m² | 9.7 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.
Similar companies · same sector, comparable size
K.S. Mgt
BE 0728.708.144
Liège · Eq €171k
PAJUXA
BE 0877.328.673
Aalst · Eq €171k
LEROY4U
BE 0803.087.249
Edegem · Eq €171k
Joeps
BE 0745.869.721
Zoutleeuw · Eq €171k
SONNEVILLE CONSULTING
BE 0893.378.809
Leuven · Eq €171k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 40,661 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-08-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.