LESCO
ActiveSummary
LESCO has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €940,703 and a net result of €174,261. Equity has been shrinking by about 7.6% per year since 2018. Its solvency ranks better than 46% of 5,801 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-12-1983 Normal situation
- Activity
- Real estate agency activities NACE 68310and 1 other
- Establishment unit
- 2.023.735.645 9090 Merelbeke-Melle, since 01-01-1984
- Financial year end
- 31 December
- Peppol
- Reachable since 18-08-2025
Board and ownership
- DWCO BVManaging director · permanent representative DE WITTE Christophe Marie Joseph
- VAN LANCKER Katrien Jeanne Marie JocelyneDirector · since 09-05-2023
- Adrien De WitteDirector · since 21-06-2024
- DWCO100%30-06-2025 annual accounts of DWCO
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €417,901
- ▲ 14.5%
- Turnover
- ≈ €1.0m
- estimated
- Profit
- €174,261
- ▲ 67.9%
- Equity
- €940,703
- ▼ 19.4%
- Total assets
- €2.8m
- ▲ 2.9%
Score breakdownraises riskLiquidity: current ratio 1.36, cash €37,564lowers riskSize: total assets €2.8mFigures for financial year 2025 (filed on 24-07-2026)Founded in 1983Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, small). It does better than 54% of them on solvency, 16% on liquidity, 63% on profitability and 16% on growth.
The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 3rd oldest company in Merelbeke-Melle, Real estate sectorin the Checked rankings No. 3 View
- Positive: Result rose in 2025from €103,804 to €174,261 ▲ 67.9% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €174,261 8 years View
Recent changes
- · Gazette deed Appointments: Adrien De Witte (director) and Valentine De Witte (director)
- · Gazette deed 2 directors reappointedReappointments: DWCO (director) and VAN LANCKER Katrien Jeanne Marie Jocelyne (director) · Permanent representative: DE WITTE Christophe Marie Joseph
- · Gazette deed Appointments: Katrien Jeanne Marie Jocelyne Van Lancker (director) and DWCO BV (managing director)
Comparable companies
These companies have the same main activity as LESCO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €2.7m and €3.7m, founded between 1986 and 1997.
| Company | Total assets | Gross margin |
|---|---|---|
| LESCO Merelbeke-Melle | €2.8m | €0.4m |
| Immo Centrale Knokke-Heist | €2.7m | €0.4m |
| DE POLDER Westerlo | €3.0m | €0.5m |
| IMMO ROLI Dendermonde | €3.2m | €0.3m |
| ARENBERG Temse | €3.1m | €0.4m |
| CAPITAL INVEST Leuven | €3.3m | €0.4m |
| ROGA HOLDING Sint-Katelijne-Waver | €3.7m | €0.4m |
Key facts about LESCO
- What is the company number of LESCO?
- The company number of LESCO is 0425.105.468. The VAT number is the same number with BE in front: BE 0425.105.468.
- Where is LESCO based?
- The registered office is at Brusselsesteenweg 489, 9090 Merelbeke-Melle.Company details
- What does LESCO do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of LESCO?
- The legal form of LESCO is Public limited company (NV).
- When was LESCO founded?
- LESCO was founded on 28-12-1983.
- Is LESCO still active?
- Yes, LESCO is an active enterprise in the KBO register.
- How many employees does LESCO have?
- LESCO had an average of 0.8 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of LESCO?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €417,901 and 30 comparable companies (NACE 683). It probably lies between €710,000 and €1.3m.
- Is LESCO profitable?
- In financial year 2025, LESCO made a profit of €174,261.
- Where can I find the annual accounts of LESCO?
- LESCO filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LESCO due?
- LESCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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