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Private limited companyfounded 201214 yrs activeLodewijk de Raetstraat 4, 8020 Oostkamp, BelgiumKBO/BCE: BE 0844.134.580
Summary

LESST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €503,984 and a net result of €70,705. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 5565 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
2 d early
2021
1 d early
2020
2 d early
2019
30 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 5 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LESST was incorporated on 2 March 2012.1 Total assets rose from EUR 360,300 in 2018 to EUR 655,704 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€503,984▼ 0.5%
2024 · €506,569
Net result
€70,705▼ 23.0%
2024 · €91,868
Total assets
€655,704▼ 5.8%
2024 · €695,713
Solvency
76.9%▲ 4.0pp
2024 · 72.8%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€208,448▲ 45.5%€39,850▼ 80.9%€90,586▲ 127%€125,393▲ 38.4%€88,091▼ 29.7%
Net result€146,213within the sector's middle half▲ 43.3%€28,000within the sector's middle half▼ 80.9%€64,175within the sector's middle half▲ 129%€91,868within the sector's middle half▲ 43.2%€70,705within the sector's middle half▼ 23.0%
Equity€459,643within the sector's middle half▲ 21.6%€455,972within the sector's middle half▼ 0.8%€514,947within the sector's middle half▲ 12.9%€506,569within the sector's middle half▼ 1.6%€503,984within the sector's middle half▼ 0.5%
Total assets€653,487within the sector's middle half▲ 17.2%€716,656within the sector's middle half▲ 9.7%€732,139within the sector's middle half▲ 2.2%€695,713within the sector's middle half▼ 5.0%€655,704within the sector's middle half▼ 5.8%
Debt€193,845▲ 8.1%€260,684▲ 34.5%€217,192▼ 16.7%€189,143▼ 12.9%€151,719▼ 19.8%
Working capital€350,883▲ 22.4%€204,866▼ 41.6%€253,484▲ 23.7%€256,100▲ 1.0%€289,904▲ 13.2%
Solvency70.3%within the sector's middle half▲ 2.5pp63.6%within the sector's middle half▼ 6.7pp70.3%within the sector's middle half▲ 6.7pp72.8%within the sector's middle half▲ 2.5pp76.9%within the sector's middle half▲ 4.0pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2021: €208,448€208,448Net result 2021: €146,213€146,213Operating result 2022: €39,850€39,850Net result 2022: €28,000€28,000Operating result 2023: €90,586€90,586Net result 2023: €64,175€64,175Operating result 2024: €125,393€125,393Net result 2024: €91,868€91,868Operating result 2025: €88,091€88,091Net result 2025: €70,705€70,70520212022202320242025€0€50,000€100,000€150,000Operating result 2023: €90,586€90,600Net result 2023: €64,175€64,200Operating result 2024: €125,393€125,000Net result 2024: €91,868€91,900Operating result 2025: €88,091€88,100Net result 2025: €70,705€70,700202320242025
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €655,704
Fixed assets €314,781 ▼ 15.5%
Current assets €340,923 ▲ 5.4%
Equity and liabilities €655,704
Equity €503,984 ▼ 0.5%
Debt €151,719 ▼ 19.8%
Debt's share of the balance-sheet total falls from 27.2% to 23.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
ROE
14.0%▼
2024 · 18.1%
ROA
10.8%▼
2024 · 13.2%
Debt ≤ 1 year
€51,019▼
2024 · €67,216
Debt > 1 year
€100,700▼
2024 · €121,927
Income taxes
€28,045▼
2024 · €38,815
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€695,713€655,704▼
Fixed assets21/28€372,396€314,781▼
Tangible fixed assets22/27€372,396€314,781▼
Land and buildings22€312,181€285,595▼
Plant, machinery and equipment23€2,865€2,093▼
Furniture and vehicles24€55,753€26,028▼
Other tangible fixed assets26€1,597€1,065▼
Current assets29/58€323,316€340,923▲
Amounts receivable after more than one year29€37,500€37,500=
Other amounts receivable291€37,500€37,500=
Amounts receivable within one year40/41€8,342€50,125▲
Trade receivables40€306€184▼
Other amounts receivable41€8,036€49,941▲
Current investments50/53€214,660€150,000▼
Cash at bank and in hand54/58€58,916€101,253▲
Deferred charges and accrued income490/1€3,898€2,045▼
Equity and liabilities
Total equity and liabilities10/49€695,713€655,704▼
Equity10/15€506,569€503,984▼
Contributions10/11€1,000€1,000=
Reserves13€505,569€502,984▼
Distributable reserves133€505,569€502,984▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€189,143€151,719▼
Amounts payable after more than one year17€121,927€100,700▼
Financial debts170/4€121,927€100,700▼
Amounts payable within one year42/48€67,216€51,019▼
Current portion of amounts payable after more than one year42€25,990€21,227▼
Trade debts44€9,021€5,011▼
Suppliers440/4€9,021€5,011▼
Taxes, remuneration and social security45€21,152€24,781▲
Taxes450/3€21,152€24,781▲
Other amounts payable47/48€11,054€0▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,664€38,694▼
Other operating charges640/8€4,592€5,417▲
Gross operating margin9900€174,649€132,202▼
Operating profit (loss)9901€125,393€88,091▼
Financial income75/76B€7,431€12,305▲
Recurring financial income75€5,946€12,305▲
Non-recurring financial income76B€1,485€0▼
Financial charges65/66B€2,141€1,646▼
Recurring financial charges65€2,141€1,646▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€130,683€98,750▼
Income taxes67/77€38,815€28,045▼
Profit (loss) for the period9904€91,868€70,705▼
Profit (loss) for the period to be appropriated9905€91,868€70,705▼
Appropriation of the result
Profit (loss) to be appropriated9906€91,868€70,705▼
Transfer from equity791/2€100,246€73,290▼
Transfer to equity691/2€91,868€70,705▼
To other reserves6921€91,868€70,705▼
Profit to be distributed694/7€100,246€73,290▼
Return on contributions (dividend)694€100,246€73,290▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,248€39,666€40,416€44,664€38,694▼ 13.4%
Other operating charges640/8€1,338€4,879€3,808€4,592€5,417▲ 18.0%
Gross operating margin9900€240,033€84,395€134,809€174,649€132,202▼ 24.3%
Operating profit (loss)9901€208,448€39,850€90,586€125,393€88,091▼ 29.7%
Financial income75/76B€3,239€3,320€3,131€7,431€12,305▲ 65.6%
Recurring financial income75€3,239€3,320€3,131€5,946€12,305▲ 107%
Non-recurring financial income76B---€1,485€0▼ 100%
Financial charges65/66B€1,847€2,704€3,951€2,141€1,646▼ 23.2%
Recurring financial charges65€1,847€2,704€2,466€2,141€1,646▼ 23.2%
Non-recurring financial charges66B--€1,485€0--
Profit (loss) for the period before taxes9903€209,840€40,465€89,766€130,683€98,750▼ 24.4%
Income taxes67/77€63,626€12,466€25,590€38,815€28,045▼ 27.7%
Profit (loss) for the period9904€146,213€28,000€64,175€91,868€70,705▼ 23.0%
Profit (loss) for the period to be appropriated9905€146,213€28,000€64,175€91,868€70,705▼ 23.0%
Line20212022202320242025Change
Assets
Total assets20/58€653,487€716,656€732,139€695,713€655,704▼ 5.8%
Fixed assets21/28€227,031€430,149€410,082€372,396€314,781▼ 15.5%
Tangible fixed assets22/27€227,031€430,149€410,082€372,396€314,781▼ 15.5%
Land and buildings22€181,589€360,849€333,538€312,181€285,595▼ 8.5%
Plant, machinery and equipment23-€2,085€2,746€2,865€2,093▼ 26.9%
Furniture and vehicles24€40,896€63,892€71,496€55,753€26,028▼ 53.3%
Other tangible fixed assets26€4,547€3,323€2,302€1,597€1,065▼ 33.3%
Current assets29/58€426,456€286,507€322,056€323,316€340,923▲ 5.4%
Amounts receivable after more than one year29€87,500€87,500€87,500€37,500€37,500=
Other amounts receivable291€87,500€87,500€87,500€37,500€37,500=
Amounts receivable within one year40/41€39,131€31,088€15,623€8,342€50,125▲ 501%
Trade receivables40€11,000€30,710€0€306€184▼ 39.8%
Other amounts receivable41€28,131€378€15,623€8,036€49,941▲ 521%
Current investments50/53€18,660€27,660€135,924€214,660€150,000▼ 30.1%
Cash at bank and in hand54/58€276,813€135,573€77,998€58,916€101,253▲ 71.9%
Deferred charges and accrued income490/1€4,353€4,685€5,011€3,898€2,045▼ 47.5%
Equity and liabilities
Total equity and liabilities10/49€653,487€716,656€732,139€695,713€655,704▼ 5.8%
Equity10/15€459,643€455,972€514,947€506,569€503,984▼ 0.5%
Contributions10/11€6,200€6,200€1,000€1,000€1,000=
Reserves13€453,443€449,772€513,947€505,569€502,984▼ 0.5%
Non-distributable reserves130/1€1,860€1,860€0---
Reserves not available under the articles1311€1,860€1,860€0---
Distributable reserves133€451,583€447,912€513,947€505,569€502,984▼ 0.5%
Profit (loss) carried forward14-€0€0€0€0-
Amounts payable17/49€193,845€260,684€217,192€189,143€151,719▼ 19.8%
Amounts payable after more than one year17€118,160€178,611€147,917€121,927€100,700▼ 17.4%
Financial debts170/4€118,160€178,611€147,917€121,927€100,700▼ 17.4%
Amounts payable within one year42/48€75,574€81,641€68,572€67,216€51,019▼ 24.1%
Current portion of amounts payable after more than one year42€20,859€30,405€30,695€25,990€21,227▼ 18.3%
Trade debts44€16,563€35,009€9,811€9,021€5,011▼ 44.4%
Suppliers440/4€16,563€35,009€9,811€9,021€5,011▼ 44.4%
Advances received on contracts in progress46€0-----
Taxes, remuneration and social security45€38,152€16,227€28,066€21,152€24,781▲ 17.2%
Taxes450/3€38,152€16,227€28,066€21,152€24,781▲ 17.2%
Other amounts payable47/48---€11,054€0▼ 100%
Accrued charges and deferred income492/3€111€432€703€0--
Line20212022202320242025Change
Profit (loss) for the period9904€146,213€28,000€64,175€91,868€70,705▼ 23.0%
+ Depreciation and write-downs630€30,248€39,666€40,416€44,664€38,694▼ 13.4%
Operating cash flow (approximation)€176,461€67,665€104,591€136,532€109,399▼ 19.9%
Investment in fixed assets (approximation)--€242,784-€20,349-€6,978€18,922▲ 371%
Change in cash--€141,240-€57,575-€19,082€42,337▲ 322%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Equity above €500,000Eq €514,947 ▲12.9%
6 profitable years in a row build equity to €514,947.
28-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Weakest financial yearnet €28,000 ▼80.9%
Net result drops to €28,000, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Highest result since 2018net €146,213 ▲43.3%
Operating result €208,448, net result €146,213, both a record.
28-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Oostkamp · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
763 m²
Building footprint
105 m²
Volume, LiDAR
524 m³
Parcel 31403F0089/00F002, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LESST
Lodewijk de Raetstraat 4, 8020 OostkampGuest rooms (bed and breakfast)
since 20122.207.776.616
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31403F0089/00F002 Flanders 763 m² 1 · 105 m² 7.1 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.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,610 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
Founded02-03-2012
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
55204Guest rooms (bed and breakfast)
63920Other information service activities
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0844134580
Also 9925:BE0844134580
Registered 18-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.