LESATEX
ActiveSummary
LESATEX has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,110 and a net result of -€17,420. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-19
Solvency90▼-2
Growth53=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.4 against 3.25 in 2024; short-term debt: 28.2% and cash: 58% of total assets), and 34.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.4%
Return on assets
-17%
Age of the figures
9 mo
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 -€17,420
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
44 d early
2023
75 d early
2022
69 d early
2021
58 d early
2020
73 d early
2019
49 d early
← 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 60 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 3 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€244,981▲ 19.0%
2023 · €205,809
EBIT margin
-6.0%▲ 3.2pp
2023 · -9.3%
Net result
-€17,420▼ 15.3%
2024 · -€15,108
Working capital
€40,474▼ 23.5%
2024 · €52,918
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€218,212▲ 15.4%€231,086▲ 5.9%€205,809▼ 10.9%€244,981▲ 19.0%
Operating result€16,382▼ 41.6%-€3,986-€19,090▼ 379%-€14,794▲ 22.5%-€17,349▼ 17.3%
Net result€11,759within the sector's middle half▼ 54.0%€20,614above the sector's middle half▲ 75.3%-€20,299below the sector's middle half-€15,108below the sector's middle half▲ 25.6%-€17,420below the sector's middle half▼ 15.3%
EBIT margin7.5%▼ 7.3pp-1.7%▼ 9.2pp-9.3%▼ 7.6pp-6.0%▲ 3.2pp
Equity€99,324within the sector's middle half▲ 13.4%€119,937above the sector's middle half▲ 20.8%€99,638within the sector's middle half▼ 16.9%€84,530within the sector's middle half▼ 15.2%€67,110within the sector's middle half▼ 20.6%
Total assets€174,355within the sector's middle half▼ 2.2%€180,365within the sector's middle half▲ 3.4%€147,028within the sector's middle half▼ 18.5%€125,593within the sector's middle half▼ 14.6%€102,611within the sector's middle half▼ 18.3%
Debt€75,031▼ 17.3%€60,428▼ 19.5%€47,390▼ 21.6%€41,062▼ 13.4%€35,501▼ 13.5%
Working capital€58,283within the sector's middle half▲ 38.7%€73,415within the sector's middle half▲ 26.0%€62,250within the sector's middle half▼ 15.2%€52,918within the sector's middle half▼ 15.0%€40,474within the sector's middle half▼ 23.5%
Solvency57.0%within the sector's middle half▲ 7.8pp66.5%above the sector's middle half▲ 9.5pp67.8%above the sector's middle half▲ 1.3pp67.3%above the sector's middle half▼ 0.5pp65.4%above the sector's middle half▼ 1.9pp
Current ratio3.20above the sector's middle half▲ 0.844.35above the sector's middle half▲ 1.154.24above the sector's middle half▼ 0.113.25above the sector's middle half▼ 0.992.40within the sector's middle half▼ 0.85
Return on assets (ROA)6.7%within the sector's middle half▼ 7.6pp11.4%within the sector's middle half▲ 4.7pp-13.8%below the sector's middle half▼ 25.2pp-12.0%below the sector's middle half▲ 1.8pp-17.0%below the sector's middle half▼ 4.9pp
Staff (FTE)4▲ 233%4=3.6▼ 10.0%3.3▼ 8.3%4▲ 21.2%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 €17,349 in 2025 against €14,794 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102,611
Fixed assets
€33,192 ▼ 32.5%
Current assets
€69,419 ▼ 9.2%
Equity and liabilities €102,611
Equity
€67,110 ▼ 20.6%
Debt
€35,501 ▼ 13.5%
Debt's share of the balance-sheet total rises from 32.7% to 34.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€428▼
2024 · €2,881
Cash flow
€357▼
2024 · €2,568
Quick ratio
2.11▼
2024 · 2.89
Debt to equity
0.53▲
2024 · 0.49
ROE
-26.0%▼
2024 · -17.9%
Interest coverage
0.71▼
2024 · 2.52
Debt ≤ 1 year
€28,945▲
2024 · €23,531
Debt > 1 year
€6,556▼
2024 · €17,531
Income taxes
€229
Staff costs
€39,058▼
2024 · €41,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,340 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% | 1.8% |
| 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 5,834 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €218,212 | €231,086 | €205,809 | €244,981 | - | - |
| Non-recurring operating income76A | - | €5,000 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €151,950 | €176,778 | €164,563 | €198,979 | - | - |
| Remuneration, social security and pensions62 | €24,349 | €42,551 | €35,507 | €41,623 | €39,058 | ▼ 6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,792 | €18,829 | €17,271 | €17,675 | €17,777 | ▲ 0.6% |
| Other operating charges640/8 | €1,739 | €1,913 | €1,671 | €1,497 | €4,998 | ▲ 234% |
| Non-recurring operating charges66A | - | - | €5,888 | - | - | - |
| Gross operating margin9900 | €66,262 | €59,308 | €41,246 | €46,002 | €44,484 | ▼ 3.3% |
| Operating profit (loss)9901 | €16,382 | -€3,986 | -€19,090 | -€14,794 | -€17,349 | ▼ 17.3% |
| Financial income75/76B | €14 | €32,503 | €222 | €829 | €762 | ▼ 8.0% |
| Recurring financial income75 | €14 | €25 | €222 | €829 | €762 | ▼ 8.0% |
| Non-recurring financial income76B | - | €32,478 | - | - | - | - |
| Financial charges65/66B | €2,096 | €1,738 | €1,432 | €1,142 | €604 | ▼ 47.1% |
| Recurring financial charges65 | €2,096 | €1,738 | €1,432 | €1,142 | €604 | ▼ 47.1% |
| Profit (loss) for the period before taxes9903 | €14,299 | €26,779 | -€20,299 | -€15,108 | -€17,191 | ▼ 13.8% |
| Income taxes67/77 | €2,540 | €6,166 | - | - | €229 | - |
| Profit (loss) for the period9904 | €11,759 | €20,614 | -€20,299 | -€15,108 | -€17,420 | ▼ 15.3% |
| Profit (loss) for the period to be appropriated9905 | €11,759 | €20,614 | -€20,299 | -€15,108 | -€17,420 | ▼ 15.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €174,355 | €180,365 | €147,028 | €125,593 | €102,611 | ▼ 18.3% |
| Fixed assets21/28 | €89,599 | €85,045 | €65,572 | €49,143 | €33,192 | ▼ 32.5% |
| Tangible fixed assets22/27 | €86,960 | €82,406 | €62,933 | €46,504 | €30,553 | ▼ 34.3% |
| Land and buildings22 | €5,374 | €4,774 | €15,170 | €13,375 | - | - |
| Plant, machinery and equipment23 | €3,558 | €5,562 | €4,220 | €3,962 | €15,763 | ▲ 298% |
| Furniture and vehicles24 | €78,028 | €72,070 | €43,542 | €29,166 | €14,790 | ▼ 49.3% |
| Financial fixed assets28 | €2,639 | €2,639 | €2,639 | €2,639 | €2,639 | = |
| Current assets29/58 | €84,756 | €95,320 | €81,456 | €76,449 | €69,419 | ▼ 9.2% |
| Stocks and contracts in progress3 | €1,770 | €5,543 | €5,897 | €8,474 | €8,227 | ▼ 2.9% |
| Stocks30/36 | €1,770 | €5,543 | €5,897 | €8,474 | €8,227 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €1,226 | €405 | €892 | €315 | €177 | ▼ 43.9% |
| Trade receivables40 | - | €39 | €825 | €67 | - | - |
| Other amounts receivable41 | €1,226 | €366 | €67 | €248 | €177 | ▼ 28.7% |
| Cash at bank and in hand54/58 | €79,249 | €88,426 | €68,196 | €62,418 | €59,533 | ▼ 4.6% |
| Deferred charges and accrued income490/1 | €2,511 | €946 | €6,471 | €5,242 | €1,482 | ▼ 71.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €174,355 | €180,365 | €147,028 | €125,593 | €102,611 | ▼ 18.3% |
| Equity10/15 | €99,324 | €119,937 | €99,638 | €84,530 | €67,110 | ▼ 20.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | - | - | - | - | - |
| Issued capital100 | €62,000 | - | - | - | - | - |
| Reserves13 | €4,600 | €4,600 | €4,600 | €4,600 | €4,600 | = |
| Non-distributable reserves130/1 | €4,600 | - | - | - | - | - |
| Legal reserve130 | €4,600 | - | - | - | - | - |
| Distributable reserves133 | - | €4,600 | €4,600 | €4,600 | €4,600 | = |
| Profit (loss) carried forward14 | €32,724 | €53,337 | €33,038 | €17,930 | €510 | ▼ 97.2% |
| Amounts payable17/49 | €75,031 | €60,428 | €47,390 | €41,062 | €35,501 | ▼ 13.5% |
| Amounts payable after more than one year17 | €48,558 | €38,523 | €28,184 | €17,531 | €6,556 | ▼ 62.6% |
| Financial debts170/4 | €48,558 | €38,523 | €28,184 | €17,531 | €6,556 | ▼ 62.6% |
| Amounts payable within one year42/48 | €26,473 | €21,905 | €19,206 | €23,531 | €28,945 | ▲ 23.0% |
| Current portion of amounts payable after more than one year42 | €11,281 | €10,035 | €10,339 | €10,653 | €10,975 | ▲ 3.0% |
| Trade debts44 | €6,268 | €942 | €1,350 | €2,919 | €6,097 | ▲ 109% |
| Suppliers440/4 | €6,268 | €942 | €1,350 | €2,919 | €6,097 | ▲ 109% |
| Taxes, remuneration and social security45 | €8,802 | €10,911 | €7,215 | €9,458 | €10,177 | ▲ 7.6% |
| Taxes450/3 | €2,536 | €3,694 | €1,750 | €205 | €347 | ▲ 69.4% |
| Remuneration and social security454/9 | €6,266 | €7,217 | €5,466 | €9,253 | €9,830 | ▲ 6.2% |
| Other amounts payable47/48 | €122 | €17 | €301 | €502 | €1,696 | ▲ 238% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,759 | €20,614 | -€20,299 | -€15,108 | -€17,420 | ▼ 15.3% |
| + Depreciation and write-downs630 | €23,792 | €18,829 | €17,271 | €17,675 | €17,777 | ▲ 0.6% |
| Operating cash flow (approximation) | €35,551 | €39,443 | -€3,029 | €2,568 | €357 | ▼ 86.1% |
| Investment in fixed assets (approximation) | - | -€14,275 | €2,203 | -€1,247 | -€1,826 | ▼ 46.4% |
| Change in cash | - | €9,177 | -€20,230 | -€5,778 | -€2,885 | ▲ 50.1% |
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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€20,299
Net result drops to -€20,299, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €119,937 ▲20.8%
5 profitable years in a row build equity to €119,937.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €25,561 ▲1,542%
Operating result €28,066, net result €25,561, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, La Louvière · 1 establishment unit since 1989
Ground area
765 m²
Building footprint
183 m²
Volume, LiDAR
996 m³
Parcel 55020C0071/00L003, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LESATEX SC
since 19892.043.914.615
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55020C0071/00L003 | Wallonia | 765 m² | 1 · 183 m² | 8.6 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLa Louvière2.043.914.615
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Of 3,823 companies in sector 47210 we hold annual accounts for 965. 794 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
Founded29-06-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
47221Retail sale of meat and meat products, excluding game and poultry
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437701216
Also
9925:BE0437701216
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.