Financials
- Financial year
- 2025
- Total assets
- €4.2m
- Loss
- -€330,747
- Solvency
- 16.9%
Total assets▲ 115%
Net result
20182025
LES CRESSES
ActiveSummary
LES CRESSES has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €703,924 and a net result of -€330,747. Equity is shrinking by about 5.2% per year across the filed financial years. Its solvency ranks better than 19% of 145 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Logging
NACE 02200Real estate activities NACE 68204
6th oldest company in Walloon Brabant, Forestry sector1 site
Size
€4.2mtotal assets 2025
- Equity
- €703,924
- Loss
- -€330,747
Turnover not published (abbreviated or micro format)Net result -165%: other schema
Structure
- Parent
- Ping Invest · 100%
- Charlotte CALLEBAUTDirector
- SPORTS VENTURESDirector · permanent representative Nicolas LHOIST
2025 accounts 46 days early2 of 13 deeds summarised
Why 88raises riskLoss of €330,747, the second in a row (financial year 2025)Liquidity: current ratio 0.04, cash €111,474lowers riskSize: total assets €4.2mSector: Forestry and logging (NACE 02)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 6% of its sector peers (NACE 02, small)
Financial strength · tick = 2024
Weak
Solvency
42-36
equity 16.9% of total assets
Liquidity
8-22
short-term debt 83.1% · cash 2.7%
Profitability
9-2
return on assets -7.9%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.3%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.04, compared with 0.05 in 2024, below 1; short-term debt: 83.1% and cash: 2.7% of total assets), and 83.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 02, small): better than 10% on solvency, 5% on liquidity, 7% on profitability and 3% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises riskneutral
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
1819202122232425
2018 to 2025 · latest year -€330,747
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 145 sector peers (2025).
NBB · sector comparisonPosition among 145 sector peers
Solvency
better than 19%
← weakest
strongest →
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
36 days early
2023
12 days late
2022
2 days late
2021
4 days early
2020
30 days late
2019
27 days 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 2 days before the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€330,747
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- Ping Invest · 100%
- Charlotte CALLEBAUTDirector
- SPORTS VENTURESDirector
Timeline
- Events
- 41
- Since
- 1989
- Next accounts
- by 31-07-2027
- 09-09-2024Registered office
- 12-08-2024Annual accounts filed
- 23-04-2024Resignations: ADVICE & FOLLOW UP, ARLO and…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- LoggingNACE 02200
- Founded
- 09-12-1987
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about LES CRESSES
- What is the company number of LES CRESSES?
- 0432.848.840. In Belgium the VAT number is the company number with BE in front: BE 0432.848.840.
- Where is LES CRESSES based?
- The registered office is at Chaussée de Tervuren 389, 1410 Waterloo.Company details
- What does LES CRESSES do?
- According to the KBO register, the main activity is logging (NACE 02200).
- What is the legal form of LES CRESSES?
- Public limited company (NV).
- When was LES CRESSES founded?
- On 09-12-1987.
- Is LES CRESSES still active?
- Yes, LES CRESSES is an active enterprise in the KBO register.
- How many employees does LES CRESSES have?
- On average 0.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of LES CRESSES?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is LES CRESSES profitable?
- In financial year 2025, LES CRESSES made a loss of €330,747.
- Where can I find the annual accounts of LES CRESSES?
- LES CRESSES filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LES CRESSES due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to LES CRESSES
Parent and group
- Ping Invest100%
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